Individual stop hunts are the mark of a rank amateur retail rip off. Anyone can compare feeds and see prices were out of range, so it's a one-off play and you'll immediately lose your customer base. They moved onto price throttling a long while ago. ...

Stop Hunting by MT4 Brokers?

Sterling work (yen work?) Zek. UY made all the classic moves... consolidation, fake upswing, stop hunt below before giving it a rock solid move upwards. As first acts go, that was a stormer

Trade of the decade!

It's all part of the game though right? You might feel sick now but imagine if you did it another 10 years without realising. That'd really sting.

Waste time and money decyphering a market on its closing price

I should've said - not a trading plan. A plan to get you from A to B. You need skills and capital to trade full time, you just need to figure out how you're going to get them. +1 to what The Fool wrote above. The small account, tools, software all ...

Trading Career Advice - Working Full-Time and Trading

You sir, need a plan. It all falls down to why you trade - is it a career? An income source? A dabble? Trading full time is something you don't stumble into - you need to be well capitalised or trading OPM. This isn't to pour water on your ambitions ...

Trading Career Advice - Working Full-Time and Trading

Tyoon, check out the BIS surveys, they give a relatively good breakdown of participants. Probably more important is the order of participants though IMO.

Your edge

What has Rhonda Byrne's The Secret got in common with Maxwell Maltz Psychocybernetics? What has Mark Douglas' Trading in the Zone got in common with Ed Seykota's interview in Market Wizards? Both the Byrne and Douglas took the same initial idea - ...

The law of attraction and trading

This is great work. I use it slightly differently - to calculate lines I want drawn in Excel and plot them automatically on the charts and it's perfect. Thanks P4L

Improved OrderHistory mq4 script to display trade history on charts

Who said can't? You did, for the second time. Someone's trying to tell you something. Putting aside the fact you want to do no work, you don't understand expectancy, you want a 10-fold increase in your account. You're now upset that someone doesn't ...

Best High Risk trading in Forex?

Didn't say that you did. Maybe. But it's pretty common You're not! You're walking head first into a trap, full of thousands of people who will strip you of your roll in an instant. Just like Vegas minus the barmaids and booze.

Best High Risk trading in Forex?

Prophetic. Some may say you actually want to lose.

Best High Risk trading in Forex?

cheers

Following the big money

Hi srmfx, could you give me a sample price of say a 1.33 one touch on EU out of interest? I'd heard they were expensive but wouldn't mind taking a look.

Following the big money

The actual strategy isn't so much hedging as based on the concepts of dh, which is different. I'm sure it could work in FX, but you need to tweak it to take in account the different nature of the beast. Z scores are fine, but maybe just scrap the ...

Maximum Profit Strategy and Directional Efficiency by Valerii Salov

Good find, better than the usual claptrap. This is basically a non-directional reactive strategy. Simplest way of thinking of MPS as its described is: - Imagine price is at 100. - Long at 105. Target 120 - Stop and reverse short at 95. Target 80 ...

Maximum Profit Strategy and Directional Efficiency by Valerii Salov

Custos is right. Noone worth their salt will look at less than 6 figs, most likely 20/2 rates and even then, not really worth their reputation to indulge. So it's down to you fella. You need a high probability trade and to leverage the max out of it ...

Best High Risk trading in Forex?

Hmm, and coincidentally, Papademos says he will resign on Monday if a deal doesn't get done with the three internal parties. Sounds like a deal on the table but Greek politicians are blocking it. They've got the weekend to mull it over - rock vs ...

Greece 2012

2MAs, SMAs or EMAs - sure any of them will be decent to produce a moving average system, but before you start spending an eternity on those kind of endeavours, remember that simple crossovers were the birth of automated trading. The bar's a lot ...

The Efficient Profit Hypothesis (EPH)

Could be summed up as trends begin when trend traders give up. He must be paid by the word

The Efficient Profit Hypothesis (EPH)

OK you've spotted the global problem. Your interest payments are crippling you and you can't afford to pay back debt, so you HAVE to reduce spending. And yet, you need growth to pay back that debt, and growth among many other things is the outcome ...

Greece Question