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pemully replied Jan 20, 2012I used to doubt the statement by livermore that no man alive could beat the market but after great deal of thought I came to realise its true. Always withdraw half your profits and lock em in a safe deposit box,thats is the only money that is ever ...
The 5 Steps to becoming a trader
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pemully replied Jan 17, 2012i believe i am at stage 3&4 after 1 yr in forex...still have problems with second guessing myself.part of this is coz guys who've made it say you cant crack it after one year.maybe in a month or five years ill be at 5...who knows!!!!
The 5 Steps to becoming a trader
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pemully replied Jan 17, 2012hahaha thats so funny,not placing orders 5 min after asian open.Have you noticed tokyo open breakouts.
Pepperstone Forex
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pemully replied Jan 17, 2012....also consider dukas, ATC,fast brokers,pfg best....all real mt4 ecn's
Suggestion Please for a good, reliable FSA Regulated broker
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pemully replied Jan 17, 2012mmmhhhh....seems similar to divisa capital which uses mt4 dma.so far reviews seems good and thyve been around since 1993.but forex is still unregulated in new zealand no matter what they claim.
Suggestion Please for a good, reliable FSA Regulated broker
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pemully replied Jan 12, 2012with UK and Japan against it, we get to live....but its only a matter of time before all spot forex bucketshops are run out of town....the futures guys will win the war.
Tobin Tax Effect on Forex
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pemully commented Jan 7, 2012shorting the EU at this point seems rather daft...also going long isn't prudent.the game is to now watch and determine the when,where and how to enter long.
Euro Shorts Surge To New Record High - Is An EC Margin Hike Approaching?
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pemully replied Jan 7, 2012they say diversification is the only free lunch in wallstreet.I trade 11 currencies of which 9 have high to medium correlations.so basically I trade 3 groups of correlated currencies plus oil,mini Dow, gold. I used to trade EU and GU only but after ...
Multi-pair trading or Few-Pair Trading. [poll]
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pemully replied Jan 6, 2012I can bet he quit the game a long time ago after blowing his account.that's statistics.
Time it takes to be a Successful Forex trader
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pemully replied Jan 6, 2012soros is way ahead of our times ...people hated Livermore blaming him for starting bear runs but the truth is no man can manipulate the markets...he truly one of the greatest of all time.
Fundamental vs Technical
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pemully replied Jan 4, 2012phew! I got one and a half years to go...every six months I make a "groundbreaking" discovery...still on the consciously competent stage.
10,000 Hours
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pemully replied Jan 2, 2012I have survived my first year of trading without blowing my account. my biggest drawdown was 21%. I started trading patterns on 1h then channels on 15min then 123 on 5min patterns.my pattern trading was the most profitable followed by channels and ...
I still feel like a POS...
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pemully replied Dec 29, 2011wow! I had forgotten about this thread ...anyway admiration is not the same as envy. as for "revolutionary" I believe it has been taken out of context.simple systems can make a lot of money. Jim found a niche at FF and filled it.noobs who are ...
Let's rank members by their performance in FF's trade explorer!
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pemully commented Dec 27, 2011all I need is a trend and a positive swap...regardless of pairs.
Trade Responsibly Chapter 9: Use More Predictable Currency Pairs
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pemully replied Dec 27, 2011wow! just spent over three hours reading this thread....this is as real as it gets.I was hoping to start trading forex full-time but I have completely shelved my plans...I have to get at least four years of constant growth to even start considering ...
Steviet's Live Trades!
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pemully replied Dec 25, 2011I am quitting intraday trading for "long-term" swing trading. this being my first year in trading fx, I think I have tried by not blowing my account and my maximal drawdown was 13% risking 2%. I believe I have found a workable edge on the daily. I ...
setting realistic targets
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pemully replied Dec 25, 2011sometimes this forums can be so disheartening,you get the feeling that trading profitably is impossible.Jesse Livermore apparently recorded and studied prices for only six months and at 15 yrs made $1000 from a few pennies trading only at lunchtime.
Name just ONE successful forex trader...
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pemully replied Dec 20, 2011id be amazed if this dinosaur system can consistently pull out pips from the market.this is almost similar to richard dennis(who was influenced br donchian) turtle system.from what i have seen from simulations from the net the sytem would just be at ...
Does this simple system by Richard Donchian really work?
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pemully commented Dec 20, 2011I can assure it was smart money squeezing the shorts for extra liquidity for the impending major move down.
Housing Starts in U.S. Rise to Highest in Year