Another idea is to completely ignore all of this conspiracy theory stuff and focus on what you can control - your own actions. Simply design a trading strategy that works and trade it. I am not the slightest bit concerned about what my broker may or ...

Vegas: "the house cares"

It might let you monitor the market but I doubt that you would be very successful with such a piecemeal approach. I would have thought that if you can't spend much time monitoring the market then it might be worth taking a break from it for a while ...

Substitute for screen time?

Steve, Yes, I would say that that sums it up very well. Can't say I really thought about it like that though. Simon

Why professionals "only" make ~30% anually

I am afraid that that would never happen because I make very poor decisions when I trade using discretion - it is not the way I trade - I believe that trading with discretion requires a skill that I don't have whereas trading a 100% mechanical ...

Why professionals "only" make ~30% anually

I absolutely found this. I am trading a 100% mechanical system and I found that I became far more disciplined when I started trading OPM because I knew that at some stage I may become accountable for the trades that I made. I always wanted to be ...

Why professionals "only" make ~30% anually

How to overcome this problem? I don't know. It doesn't really seem to effect me. I went from trading $10k to trading $30k of someone elses money to $640k to $900k up to $1.8mill of other peoples money and it never really seemed to bother me. I tried ...

Why professionals "only" make ~30% anually

p = (((1.14%-1.25%*(6/31))/(25/31))-1.25%)/0.25 Simon

Anyone REALLY good with Excel?

I like it. The only thing that I don't like is that it is way too big. It needs to be much much much smaller. You need to be able to squeeze it on a very crowded screen so it doesn't get in your way. In its present form, it is just too big. Simon

Forex Clock: Live Feed Session Times.

Fund managers calculate their return as a % of the capital they have under management. If you have $10,000,000 and you make $3,000,000 it is a 30% return. Doesn't matter how much leverage is used or what their turnover is. Simon

Why professionals "only" make ~30% anually

That is exactyl my point. You will never make $10 million until your psychology changes. There is a reason why they have that much money and you don't. I used to work for a stock market education company and we did 1-on-1 coaching. We taught people ...

Why professionals "only" make ~30% anually

Wealth-Lab uses a pascal based programming language. Simon

Importing live data into excel?

And this is the exact reason that you couldn't handle losing $100k in a morning. I can assure you that if you did have $10mill you would be quite comfortable losing $100k Simon

Why professionals "only" make ~30% anually

Don't know how you do it in Excel but you can get live FXCM data into Wealth-Lab Developer (www.wealth-lab.com) from dataHQ (www.forex.dataHQ.com.au) and whatever you can do in Excel you can do better in Wealth-Lab. Simon

Importing live data into excel?

If you have $100k and you plan on doing this strategy, please save yourself some time and just give the money to me - I will give you my bank account details and you can transfer it straight in. This is pretty much guaranteed to lose all of your ...

Doubling up method or playing casino

Is anyone going to enlighten those of us not in the PF the reasoning behind this? Thanks Simon

copy of Cash & Carry thread(s)

Jim, I agree with what you are saying and I certainly am not suggesting that you should jump out of a trade just because it shows a loss. I don't actually take any notice of the account balance at all when I am trading - I just implement my system ...

Why professionals "only" make ~30% anually

Aroon, Interesting story. If I understand correctly, you only consider a loss to be a loss when you have closed out the trade? If so, then I think this is one of the causes of your predicament. Your account balance is = cash on hand + profit/loss of ...

Why professionals "only" make ~30% anually

Patience grasshopper, patience. Simon

I hate this choppy market

This is point and figure charting. Some chart packages will have it. I know Wealth-Lab Developer does but I am not sure about any free web based ones because I don't use them. Simon

Do you know this chart-type?

What do you mean ES quit the PF? Simon

copy of Cash & Carry thread(s)