Pakistan is not an allowed country on the Paypal list. And even if working with an account registered at another allowed country, if you try to access the services from the unallowed one they can freeze the account.

Am I Ready To Go Live Again?

Forgot that part... Of course, the time invested vs. return profitability of longer time frames is undeniable. At the present moment, scalping is an intermediate step which has taught me to react properly and make quick decisions based on what I see ...

Scalping Verdict

I don't see what the spread has to do with the pip-per-trade calculation... Whichever the spread is, the average 4.xx is counted from the moment it starts going on the positive side (of course this would mean the average pip per trade as in your ...

Scalping Verdict

Yes. Not exactly traditional scalping, more of a swing/scalp mix.

Scalping Verdict

Conservatively, 60 average per traded day. About a dozen trades over last 6 months, not trading every day but aiming to. 4 to 6 hours work.

Scalping Verdict

It will be as much good as every individual trader allows him/herself to develop into. I see trading for a living as a staircase with many steps, in a building with many floors. Some of us are barely on the ground floor or still gathering the wood ...

Trading for a Living - Cliff Notes

As far as I know, if the quantity of accounts is small (don't know the limit though, maybe you can find this on the NFA site) the only requirement for Oanda is that every client signs a POA (Power of Attorney) which they send to Oanda. url

Using OPM as a Speculative Trader

Not condoning at all the poster's disgusting trolling attitude, but you'll agree that a 1,3333333 cents/pip negative difference x 75 per losing trade can make quite a difference over thousands of them...

Trading for a Living - Cliff Notes

That's an awesome thing you share with France... although I'm not sure which of both have the record... I can't live without bread ...

Best place in the world to trade from?

I find that AUD/USD trends much better and is less "undecided" or choppy than EUR/USD. image I've noticed a better correlation of Aussie to EUR/JPY as both seem to have a similar trending behaviour. Eurodollar is more raggedy.

Differences between eur/usd and aud/usd

Slow and small but steady. What I have not been able to be consistent at yet, is setting a daily schedule. Some days I just can't trade, some others I just don't feel like it (and if I do, that's where I make mistakes and lose...). In terms of ...

How to evaluate consistency?

LOLOLLLL !!! Not at all in fact... ("still here"... trading...) but now I can give the jingle a dual use, haha ! Thanks! (BTW: Internet 1.5M ADSL is near $90/month and so is wireless... let me join the )

Best place in the world to trade from?

Due to the actual exchange control in Venezuela, the only entities allowed to transact on international currency markets are the central and commercial banks, savings and loan entities (which are another type of bank) and authorized money exchange ...

Best place in the world to trade from?

I knew I'd finally have to go there, lol. Maybe I'll discover I'm a quant trader too! I don't think I'll end up as a pure algorithmic (and "automated-based") trader, although when I'm finally able to gather orderly on paper all the micro-rules ...

How to evaluate consistency?

Ah now it looks much simpler, thanks ! With those parameters, I get 3.08 so it's probable good... Thanks for the tip! The Sharpe Ratio is more about optimizing the profitability in regard to the extra risk taken on the asset, in terms of excess ...

How to evaluate consistency?

I tried unsuccessfully to calculate this, but am at doubt as to what value to place as x in the z-score formula. What would be in this case the "raw score to be standardized"? I've got the population mean (3.65 pips) and the sample mean (4.20) as ...

How to evaluate consistency?

I have always tried to be on the number 2 group... but it seems it really doesn't fit my style. Since I started trading in 2005 I've always had better results on very small TFs (working hard and often for a little) which allow me to be out fast and ...

How to evaluate consistency?

Average winner is around 4 (in a range, 3.4 to 5.5). Maximum allowed loss is about 15-16 pips but in average I try to make it less than 10. Such a small TF is a totally different dimension of time which in fact seems to slow down while the truth is ...

How to evaluate consistency?

Indeed, though here also we can have mixed opinions: for me, the account growth should be measured yearly but others will take into account the monthly growth. Over the last 15 months two have yielded a negative (on compounded balance) return and ...

How to evaluate consistency?

In this case it is a "swing & scalping" strategy. I have tested it in a real account and in the most extreme adverse conditions (that would be with the market going totally against the selected trend) the maximum risk is always maintained. Overall ...

How to evaluate consistency?