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fxRichard replied Jul 18, 2009So let me ask this, I have lived in Korea and Japan with my parents when I was younger. If I move overseas I assume I need to get a workers visa however I thought the US will still tax me no matter where I go, is this true or how exactly does that ...
Best place in the world to trade from?
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fxRichard replied Jul 1, 2009Thanks for the great input everyone! Dopey, I have lived in Korea and Japan so living in another country especially Asia is no big deal
I have been looking into some of the issues regarding schooling and internet in Phuket, schooling is not cheap ...Best place in the world to trade from?
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fxRichard replied Jun 27, 2009Thanks — Thanks for the input guys I will check out some of these locations.
Best place in the world to trade from?
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Best place in the world to trade from?
Started Jun 27, 2009|Trading Discussion|699 replies
...so i am contemplating moving but unsure of where to. The ideal place needs to offer the ...
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fxRichard replied Jun 7, 2009Sure, makes sense. I just want to clarify that it is possible to trade any time frame in the same amount of time meaning if someone spends 1 hour a day setting up their trades for a daily or hourly chart one can also spend 1 hour a day scalping on a ...
What lengths have you taken in trading
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fxRichard replied Jun 7, 2009No I do not technically trade the "Cyrox" method. I have my own deviation of it and way of trading. Cyrox has changed significantly, what I do is drastically different than it now.
What lengths have you taken in trading
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fxRichard replied Jun 7, 2009It's only silly if you don't understand it, I am not stating the validity of the trendiness as this link points out, if you know how to trade the lower timeframe it really makes no difference. How much time do you need to spend each day to trade the ...
What lengths have you taken in trading
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fxRichard replied Jun 7, 2009I have a different mentality than most in here. It will depend on your personality mostly, for me I perform well under pressure, some do not. If you do then just jump in, you will sink or swim, just make sure you have a backup plan. Life is too ...
What lengths have you taken in trading
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fxRichard replied Jun 7, 2009Remember to take daylight saving time into consideration, this will affect these times slightly as they do not match exactly right now.
What are the best times to trade for individual currency pairs?, by Kathy Lien
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fxRichard replied Jun 4, 2009If you are talking about their commission it starts at $18 per million and goes down from there. This equates to ROUGHLY a half a pip depending on the pair.
Dukascopy - Good or Bad
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fxRichard replied May 30, 2009A few months of staring at tick charts 16 hours a day every day.
How long did it take to become consistently profitable?
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fxRichard replied May 22, 2009Also don't forget this part... "The minimum stop-loss and take-profit limits are is $1.30 for every 1000 units of the base currency. For example, if your position size is $10.000, the minimum limit for stop-loss and take-profit is 10 x $1.30 = $13. ...
Spread is Dead! Or is it?
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fxRichard replied May 22, 20093 pips on EU??? I often see 0 to .4 spread and GET IT, there is no reason with this kind of spread and slippage you would hit 3 pips on the most liquid pair out there.
Spread is Dead! Or is it?
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fxRichard replied May 5, 2009No problems at all, no reason just using Cnx now.
Trading with $1000 per pip?
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fxRichard replied May 4, 2009You simply watch the market, if it turns you get out etc. Stop losses serve 2 purposes: 1) they keep you from being stupid (cmon it will come back etc). 2) They let you walk away from a trade. Just my opinion though.
Trading without stop-losses
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fxRichard replied May 3, 2009Setting any specific profit target is an imperfect concept if you ask me

My exprience and lesson in my first week of trading