Day traders? You mean scalpers, right? I'm a day trader and 2 pip spread is ok for me, even a little over it would not hurt. I understand that what is ok for me may not be ok for somebody else but I believe these people complaining about 0.5 pip ...

OANDA Discussion

Now come on folks! A little on the brokers side here. If you can't handle 1.5 or 2 pip spread what kind of strategy are you using? These kind of spreads are very fair IMHO.

OANDA Discussion

Agree 100% Oanda and FXCM can squeeze sub pip or even more, easily. I'm not protecting oanda at all. What we as traders have to keep in mind is that the displayed spread is more a form of advertising than something you can trust. We have to see the ...

OANDA Discussion

4:10 AM and I'm just +6 pips up. I lost the move up besides being really well positioned. I ended up getting out way too soon. Yesterday as I said above I had to live around 7 AM. Now looking back at the charts I see that this time it worked on my ...

From mediocrity to mastery

Paul Tudor spent a small fortune trying to keep this video from the public eye. He sued PBS and got then to never air it again. And he went to ebay and all over the net buying all the VHS tapes he could. But once the genie is out of the box ...

Billion Dollar Day video analysis

I agree to that. But lets see what a master of the trade says about the subject video

From mediocrity to mastery

It took six years for me, and I'm still not there. I'm getting there. Tons of screen time, frying my brain , flattening my butt and burning my eyes in front of the computer, 16 to 18 hours per day. All that to start to learn o see what it is. Not ...

Billion Dollar Day video analysis

Are you sure Lasty? When I got rid of what I thought the market was doing ( meaning what I wanted the market to do) and concentrating on what the market is actually doing I started to trade on another level. But anyways I respect your point of view.

Billion Dollar Day video analysis

So, from previous posts we know that the cable was raising steadily on 06-04-1985 Starting around 8 AM Hong Kong local time we have 1.2835 1.2840 1.2845 1.2850 Those are all quotes we heard from the squawck boxes or from William himself. We also ...

Billion Dollar Day video analysis

Billion Dollar day part B So lets keep scrutinizing the part B of the documentary and try to learn as much as we can. I watched all those parts countless times and now doing this analysis here on Forex Factory I'm still catching stuff that I missed ...

Billion Dollar Day video analysis

12:36 and I'm just now getting back home. I left my house around 6:30 am to take my youngest son to the hospital. Nothing serious thanks God but my trading session was cut by half. Anyways in a week as this one I can't complaint at all.

From mediocrity to mastery

The spread displayed "per se" doesn't tell you anything. If you trade manually, meaning no robots or EA, by the time you see the spread on your screen, click to enter the trade and the trade is actually execute, the price could be different and ...

OANDA Discussion

I changed my mind about opening a new thread for the next parts of the documentary. I'm just gonna continue writhing here where we are. I asked the moderators to change the thread title and remove the "part A only" as soon as they do it we can start ...

Billion Dollar Day video analysis

40 minutes of trading and I'm already +20 pips. It is unbelievable how sometimes it seems you can do no wrong. From experience I can say that there are basically to problem you have to deal as a trader. The first and more common is when ...

From mediocrity to mastery

Thanks for the post Skenobi. I believe it is related to how people see things. In my case if I had to trade somebody else money I would be terrified. Screwing up my money is bad but losing friends and family or even strangers money would drive me ...

Billion Dollar Day video analysis

Ok we are at the end of the part A of the Billion Dollar Day documentary. I was reading back the analysis so far and part A is well covered. I'm gonna write what I learned so far before we continue to part B. William Wong with his 21 million trading ...

Billion Dollar Day video analysis

I just fixed the link above it seems to be working. If it breaks again just search for Paul Tudor Jones documentary and you will be able to find it from another source.

Billion Dollar Day video analysis

Hi Steve. You are probably not familiar with this video but this is another documentary that I watched countless times and I'm planing to analyse it later. It was recorded on 1988 and if I'm not mistaking PBS did it here in America The clip above is ...

Billion Dollar Day video analysis

11:10 and I'm exhausted. Usually I take some 5 to 10 min breaks but today I went straight. My eyes feel stiff, and I got a headache. But my effort was rewarded with 26 more pips. I'm very happy. I can go no further with the same level of focus so ...

From mediocrity to mastery

Here is Paul Tudor Jones Sunday night trading forex with some pretty big positions on early Asia session with 15 pips spread. No need to say that the guy has some major "cojones" Note the parallel between Tudor and William. Pay attention ...

Billion Dollar Day video analysis