LOL !! Thats why I still come here to FF once in a while. It is just fascinating to see peoples opinions about the market. After 10 years in this business I can identify just reading peoples opinions at what level they are as traders. I can remember ...

Honestly frustrated with trading forex

If you master Forex you will be able to make multiples of what a doctor do. Becoming wealthy is the nice part everybody is interested in this business. Now how many years a doctor have to study before earning any decent money ? It takes years to ...

Honestly frustrated with trading forex

That was also my experience when I was losing or breaking even. As soon as you start to make consistent real gains you will see how things change drastically.

OANDA Discussion

Oandas tactics were discussed here in the past. They can spike or collapse their price on the 5 to 15 pip range just to take your stops without facing many problems. I myself compared prices on my oanda price feed and with a friend's oanda price ...

OANDA Discussion

If you look on this link here url , click on financial statements, and click on the first link. It shows a break down of assets and liabilities which explains better what is going on. Their total liabilities minus total assets ends up in the ball ...

FXCM Discussion

IMHO the success of Metatrader is due to a guy called "CODERS GURU". He wrote a very easy to understand tutorial on how to code in MQL4. Because of his tutorial Metatrader has the easiest coding language in the industry. Even if you can't quite code ...

Why do so many people use MT4?

In almost 11 years of forex trading and reading pretty much everything on most forex websites around the net, I can say that I NEVER found a trader to convince me to be the real thing. In 11 years NOT EVEN ONE !! I can't believe how much time I ...

"good traders trade, bad traders teach"

I know Rony Schlapfer (from the Billion Dollar Day documentary) personally. I never asked him how much he is worth specifically , but he is definitely a millionaire. The bulk of his wealth came from trading currencies.

Do You Know Any Millionaire or Multimillionaire Forex Traders?

In my opinion you have to diversify. Those stupid brokers don't want to do their homework so they get less money. Instead of depositing all your money in just 1 broker spread among 5 or 6 brokers. Tough times works as a cleansing agent. Only the ...

FXCM Discussion

I posted it here before, but let me say it again. Why people use metatrader? Because of the plethora of indicators and EA out there. And this is fruit of metatrader in the past letting people code what they want through a "sort of" easy program ...

FXCM Discussion

Thats true for pretty close to 100% of the so called " forex traders" . But you find a few ones that beat the odds. That said i never had the privilege to meet a scalper who made it.

Exposing MT4 Scams - Brokers Plugin!

Shemitah ends in September. Jubilee starts in September. As a Sephardic Jew, and knowing that Jews rule the banking and money markets in general, I believe it becomes a self fulfilling event.

EURUSD

Long term strategy going as planned !! It seems that October will be the right time to cash in Lets see what PA will tell.

EURUSD

If you are a short term trader , like scalper etc you are screwed by default. Countless people posted stuff about it here on FF over the years. Unless you learn how to trade on longer terms you are screwed. I'm not talking about monthly candles, but ...

Exposing MT4 Scams - Brokers Plugin!

You are entitled to your opinion, if you like oanda just keep trading with them. it does not bother me at all

OANDA Discussion

I suggested here in the past to FXCM to become a hybrid broker which would offer the option of MM and ECN to their clients. they are always posting on how a ECN is more transparent and their customers notice it etc...etc...etc. So why not go full ...

FXCM Discussion

You are another noob , right? MM made e killing with the SNB event because when you lose the amount you lost goes directly to the MM. With massive margin calls they made massive amounts of money. Than on top of that they capitalized on the event by ...

OANDA Discussion

You should be a noob right? Everybody knows that if you start to make decent money consistently oanda will play all their dirty tricks on you. I trade with multiple brokers now, but I started with oanda in 2007 and traded for 5 long years with them. ...

OANDA Discussion

Expenses are not specified so it is hard to know what game FXCM is playing. If I was the CEO I would use all possible profits and money from asset sales to knock down my debt. Thats what I think they are doing. By declaring losses after losses you ...

FXCM Discussion