Yeah, the argument "you have to find what works for you" is the most ridiculous one I have heard. First you need to understand how the markets work, then you need to create a strategy that can capture profits on a consistent basis. And let me tell ...

Can't Find the Answers of 2 Really Fundamental Questions

url

What information is important in backtesting analysis?

sorry, but a 10% return annually is definitely not good. Investing in the S&P would have given you a compounded annual return of 9.8% since 1965 ( url - see 1st page). If a 10% return is what you are after, then invest in the S&P 500 and don't ...

95% traders go broke, only 5% survive

due to the fact that a swap is normally an over the counter product, you can get anything you desire. You just need to ask your banker to create the product for you.

Which rate is swap calculated with?

care to give an example what you mean?

long-term - do high-yield currencies out-perform?

he was talking about interest rates (which are set by the central banks), not secondary market rates.

long-term - do high-yield currencies out-perform?

Obviously it's not as easy as that... Interest rates are just the response to economic expansion / contraction (very simplified) and are thus lagging indicators.

long-term - do high-yield currencies out-perform?

agreed!

Medium & Long Term ONLY

well olu, my point is: most traders think that the technicals are the way to go. But nobody really cares about them in the real world. You need to look at what people care about in the real world. The BOJ intervention this was just an extreme ...

Medium & Long Term ONLY

I am going to make the case that 100% of the time it's because of news that S/R holds or breaks. A pinbar just doesn't mean anything, when news are better or worse than expected then these news are very capable of destroying that pinbar. And a miss ...

Medium & Long Term ONLY

sorry man, but trying to predict the market by looking at engulfing patterns and tweezer bottoms is just plain stupid. The central banks don't care about that, the corporations which want to hedge don't care about that, the people who need to ...

Medium & Long Term ONLY

No, it doesn't take guts and no they don't extend much further than expected. You just have to understand why the trend is in place and what it takes to dissolve it... Oh but then it's not easy money anymore, cause people have to use their brain and ...

Taking the EASY money

sorry, but most of these are just plain stupid questions and should be put into the rookie sections. 1) will the world accept a single currency? Answer: Are you crazy? You really think that russia, china, europe, USA, Iraq, Isreal, North Korea, the ...

The end of Forex dream

When the real money is making holidays, the markets become very thin. Money that normally would be absorbed by the really large players is now making the price. Volatility becomes bigger than usual, because you have less participants with big money. ...

EUR and other currencies - recent move

Can't really see that. And not sure if other people in the market have a particular bias when it comes to eur/gbp. There are much better opportunities in the market. And from what I saw in your last posts, you are not very successful with your ...

I will either make it in Forex, or die trying

1. I think you don't understand the business model of brokers. They make money on every transaction you make. It is against their very interest, that you fail in trading (except some bucket shops, but they don't survive for long). 2. No competition ...

Forex Industry, Forex Market: Impressions?

what are your reasons for believing that the trend for eur/gbp is down on a fundamental basis?

I will either make it in Forex, or die trying

yeah, normally yes. But making cloud castles on how much you could be making is not leading to anything, except frustration. you have a very one-dimensional thinking concerning risk. Risk is only directly tied to reward for the amateurs. With the ...

There is no Holy Grail

Useless mental masturbation, but i guess everybody has to go through the "i theoretically could earn a trillion dollar" Phase. Been there as well. Focus your energy on risk reduction and finding an edge instead.

There is no Holy Grail