With 25 million dollars Forex profits you could even invite Claudia Schiffer to the weeding

I've figured out why so many people lose money in Forex

I really, really do not understand what you are trying to say. If the trader has only $2,000 in his Forex account then he should be trading micro lots with a $20 or $40 stop (1 to 2% of trading capital), regardless of the leverage offered by his ...

I've figured out why so many people lose money in Forex

Not sure I understand your example. You had $400,000 in your account and you know have $398,000, so you lost 2K or 0.5% of your capital. So what is your point exactly, as far as leverage is concerned, Replaced?

I've figured out why so many people lose money in Forex

Impossible, if you are risking only 1 or 2% of your capital on each trade.

I've figured out why so many people lose money in Forex

Right on the money again. Remember the huge volatility in the Forex market during 2008, ProfitDaily? Hypothetically and with a 400 to 1 leverage, a trader could have turned a mere $2,000 starting capital into....are you ready for this.... a 25 ...

I've figured out why so many people lose money in Forex

Again, no. If you have $100, 000 in your account and you buy 1 standard lot with $1,000 margin money, your friendly Forex broker just loaned you $99,000, whether you like it or not and even if you are Bill Gates and just funded your FX account with ...

I've figured out why so many people lose money in Forex

Thank you ProfitDaily, glad to see we are on the same wavelength. Yes I know. Unfortunately the maximum leverage that can be offered in the US is 50 to 1, thanks to the NFA regulators. I truly miss the 400:1 leverage offered only a few years ago.

I've figured out why so many people lose money in Forex

Absolutely not! This is NOT the definition of leverage, Sir. Leverage is a LOAN that your broker is willing to grant you to open a position, nothing else. Let's follow your example. To simplify, let's assume that $1 = 1 Euro. If $1,000 margin money ...

I've figured out why so many people lose money in Forex

There seems to be some confusion here FatFortunes. Leverage has absolutely nothing to do with the percentage of trading capital allocated to each trade. If your broker gives you a 50:1 leverage, then each time you open a position you are using a ...

I've figured out why so many people lose money in Forex

US forex brokers are now also forced to disclose the percentage of active forex accounts that are actually profitable. Michael Greenberg of Forex Magnates has compiled the data for the first quarter of 2011, see table below. As you can see, at least ...

I've figured out why so many people lose money in Forex

Well, this you will have to figure out by yourself. Keep studying those charts and one day something will click... You want a Coke and French fries with that too? Just kidding. You truly believe that HFT computers spend all day looking for Head and ...

I've figured out why so many people lose money in Forex

A coin, or a roulette at the casino, has no memory. On the other hand, traders do have a memory and remember certain prices. This in turn creates support and resistance zones that allow the astute trader to make money (via various breakout and ...

I've figured out why so many people lose money in Forex

You can make money trading even if you lose 70% of the time. The percentage of winning trades is totally irrelevant. The average winning rate of most successful trend-following traders and hedge fund managers do not exceed 30 or 40% in most cases.

I've figured out why so many people lose money in Forex

That's not entirely true Slicktick. In an uptrend, the total SIZE of the up bars (from open to close) is greater than the total size of the down bars. That's all you need to have an uptrend. But you cannot say that there is a higher probability that ...

I've figured out why so many people lose money in Forex

Right on the money! It's a real pleasure to read that kind of comments

I've figured out why so many people lose money in Forex

Long USD/CAD at 1.2488, 33 pip stop. Total Profit/Loss for each week will be given each Friday evening.

Gordon Gekko's real-time Forex trading calls

This is a myth. A high leverage does NOT mean that the trader is necessarily taking more risk, far from it. A Forex broker could give you a 10000:1 leverage and yet nothing could prevent you from risking only 1% (or less) of your trading capital per ...

What is the best broker for beginners

On the contrary MarketFox, the Forex market is anything but "quiet" these days! Compare the current average daily/weekly/monthly range of each currency pair with last year for example and see for yourself. Right now there is enough action and ...

Who is shutting down the markets?

I never said that I have been trading this particular system for a long time. However, it did take me many years to develop it. I will post the hypothetical equity curve in due time. I am not very familiar with this thing that Forex Factory calls ...

Gordon Gekko's real-time Forex trading calls

Well, you will soon be able to calculate that for yourself Spartanic, in a couple of months or so I am already satisfied with the performance of my system but I do appreciate the thought though, thanks.

Gordon Gekko's real-time Forex trading calls