Agreed Iso. I assume that the loony is the USD/CAD as far as I know, excuse me, I am not a westerner, that's why I am not familiar with those nick names : I guess I will need some time to get familiar with them The point is USD/CHF is strongly ...

EURUSD

The world has more pretty things than the EUR/USD I personally trade it as it's a moderately volatile pair, but I prefer the AUD/USD for lower volatility pairs, and USD/CAD for higher volatility pairs. Thanks, Nader

EURUSD

Probabilities change over time. If you are opening a long position that have a 70% probability to go in your favour, and yet it goes the other direction, the probability is changing against you. For example, the 70% probability of going up to a ...

MM by Van Tharp

I think you miss understood it Not too far, but Tharp is saying the same thing. If you think about it, the amount you are willing to lose, risk control or the size of the already opened position, they all revolve in one circle and lead to each ...

MM by Van Tharp

Ya Iso, the only method to trade options as a buyer is before major news, that's how you increase your odds dramatically. There are way too many strategies for such a thing, but the best of them I know is the straddle which you mentioned. However, ...

One market or variety pack?

Well I think you should be using the 3.83 version. I have tried it on a demo account a couple of weeks ago and it's working fine, and based on the posts and comments of many other traders, version 4 is not yet fully complete. Another suggestion ...

InterbankFx

Ladies and Gentlemen, why not calm down and sit back to re-read every post in the thread once more?? I can see that the discussion is getting some heat over here Everyone has the right to discuss his opinion but not force it over others. Remember ...

Mathematical reasons why MOST DayTraders & scalpers fail?

I used to trade options earlier in my trading career, but I realized that options are not a great vehicle to use unless you are an option seller. 90% of options that starts out of the money expire worthless out of the money as well, even if they got ...

One market or variety pack?

Many traders are self taught these days as well, and although they read many books/articles/studies, they still insist to play it big or to leave a losing trade until it goes green, or insist on risking 200 pips per trade with an account of $1,000 ...

how likely?

Man, read Market Wizards and the new Market Wizards. 90% of the top traders interviewed in this book got smashed and hammered by the market in the beginning of their trading career before they became what they were. Those top traders lost an average ...

how likely?

I personally trade stocks as well as forex, just for diversification. I am having a plan to explore the futures within a year from now, more diversification. I don't think of it as reducing correlated trades, rather than diversifying money between ...

One market or variety pack?

Seems to me that you are talking about Las Vegas in this post, not forex. I don't want to distract you away, but sorry to tell you that what Diallist mentioned in his post is an easy and comfortable path to join the fivers. He just didn't want to ...

how likely?

Man, if you need anything I can do, either send me an email or PM me. You can email me using the FF as well, so no need to post my email address over here. I would be glad to help if I can. Thanks, Nader

New and very intrested....

LOL, that's a good way to drive away new clients. I can login to my demo account as well as the live one of course on saturdays and I can access charts and everything, but everything is frozen and the time is standing still at 3:59 PM EST, and rates ...

Help...with FXCM

Well, if Warren Buffet got it wrong this year, then many banks must have got it wrong too. Actually, this year proved to me that the interest rate differential is the strongest factor ever in a currency pair valuation. The guys and strategists who ...

Most big banks lost in FX 2005, what abt u???

Well most people have degrees just because that's the path of life which our parents saw would be correct. They just didn't realize that this era is not about degrees as much as it is about inflation. It's not about degrees as much as it is about ...

Graduates vs non-grads in trading

That's the point, you will have to try a handsome amount of platforms. I might be using a platform which you won't like if you use it, and you might be using another platform which others won't like. Just keep in mind that it's not only the ...

what is best online trading platform

The market DO NOT give a SHIT if traders are grads or non-grads Thanks, Nader

Graduates vs non-grads in trading

Which one you liked more than the others??? Thanks, Nader

what is best online trading platform

You might want to check Merlins' Journal. url That's where most of our fundamental communication resides Thanks, Nader

Central Banks Watch