I think every trader must go through at least 4 stages in his/her career. The first stage is hectic and stressful, the initial accumulation of knowledge in the first 4 -6 years. You go through all the online trading schools, read as many trading ...

Trading as I know it...

I use this one. url

Where can I find accurate USD, EUR, and GBP index charts?

I always enjoy Ishtanas threads Market structure doesn't really change, at least not fast enough to really affect traders systems. Market dynamics do change though. I see technical strategy traders as a person alone in a room with a ball and a goal. ...

Market is ever changing?

I will try to elucidate my opinion, I don't know if I will succeed. I'm not usually good at expounding the shit in my head. Most people here see mathematics as a cold hard science, a simple system of numbers and facts which attempt to quantify ...

Do you think statistics work in trading?

I assumed Slim was being sarcastic and hostile here, on second reading maybe he wasn't If not then I apologize

Do you think statistics work in trading?

Yeah. You hit the nail on the head with that one. Like the pic in your profile says - "be careful what you put inside" - there is a trading related matter to discuss and debate, and an out - a silly distraction to dangle in front of your face like ...

Do you think statistics work in trading?

You don't apply mathematics to psychology, you apply psychology to mathematics. Once you have accounted for structure and change, human psychology is the major component of space.

Do you think statistics work in trading?

I think that trading is purely a mathematical endeavor. The reason many people disagree with this is they think mathematics is limited to statistical studies which don't include the human element. But statistics is just one of the four main areas of ...

Do you think statistics work in trading?

You can only vouch for someone when you have 4 vouchers yourself So I have often wondered myself how the first 4v appeared from the primordial ooze that is forex factory My theory is it happened kind of like the movie Gremlins, Merlin got wet and ...

Premium Economics Calendar service?

You keep talking about the "big boys" doing this and doing that. Large hedge funds, bank traders etc. speculate like we do - here's a hint, those guys aren't the big boys. The real big boys are managing your superannuation fund, and they have a ...

Past performance is no guarantee of future results?

url Contrary to popular belief, the price action you see leading into major news events is not caused by traders who have advanced knowledge of it. Since many traders avoid trading at these times, liquidity is lower therefore the market reacts ...

Premium Economics Calendar service?

Soros is an opportunist global macro plunger, like almost all of the worlds top traders. His edge is being more intelligent than everyone else in his analysis, knowing he is right when most people are wrong and having supreme confidence in that fact ...

Here's the answer to "Can I make a living from forex"

If I spent two hours analyzing the British Pound - studying all the macro/fundamental forces in play, cross currents and intermarket forces, upcoming news events, significant S/R levels etc. then maybe I would come up with a plan to trade it in the ...

Forming a Private think tank

The bare minimum USD you can start with is 0. Go to babypips and start studying their School of Pipsology, open a demo account and start playing with it. Don't even think about depositing real money yet.

Here's the answer to "Can I make a living from forex"

FOMC released the minutes from its last meeting, which showed several members became more reluctant to reduce QE until more definitive signs of economic growth were evident. Shortly after this, Bernanke's speech warned about inflation, and that ...

What happened on July 10th?

I'm not aware of any genuine fundamental analysts who think that way. To point out the obvious, that move wasn't "past price" when I, and other fundies, got in There is a huge difference between fundamental analysis and news trading. You start a ...

Fundamental Analysis Fallacy

There was never any doubt that this was going to happen, so it was priced in. AUD rose 70 pips on the rate cut? lol, no mention of the 400 pips it dropped steadily over the last week. You can be as right as you want, I can be as wrong as you want, ...

Fundamental Analysis Fallacy