Hi Rick, I see where you are going but I will have to think about that. I will get back to you. Tim

The brutal truth of day trading

Do the banks also trade their own money etc? Maverick It is a complex picture and I don’t pretend to fully understand all of it. As retail traders we only get occasional snippets of information and a lot of this comes from sources of questionable ...

The brutal truth of day trading

Thanks for that. Non Farm Payroll (NFP) would have been the only one I would have got off the top of my head. I will now go back and have a look at your post although of course I know (now) what all the others mean.

The brutal truth of day trading

Big players don’t trade much but hold 90% of liquidity Interesting statement Rick. What is your source of information or the basis for this statement?

The brutal truth of day trading

Thinking, Specific and Optional Knowledge While some may find programming and statistical analysis useless and unnecessary, I certainly don't. It has been the background of all my trading in Forex, stocks and options over the years. I struggle to ...

The brutal truth of day trading

Being Laughed At I for one am not laughing at you Peter. I sense that there is quite a lot of wisdom there between those tantrums. Being a bit of a tantrum thrower myself, (particularly when trying to teach trading to dickheads), I am hardly in a ...

The brutal truth of day trading

Speculation in the financial trading instrument does not help the economy in any way Perhaps think of it this way. Speculation creates liquidity which encourages more speculation which creates more liquidity and so on. Without liquidity, markets ...

The brutal truth of day trading

???? All those unexplained acronyms. Maybe it is Forex Factory Forum Jargon (FFFJ) but I have been trading various financial markets for well over thirty years and I have No Idea Of What You Are Talking About (NIOWYATA). I am however interested in ...

The brutal truth of day trading

How To “know” when bankers are behind a move. What footprints do the leave? The first and most obvious footprint is simply the size and speed of the move. Retail traders and other smaller institutional traders don’t have the resources to drive these ...

The brutal truth of day trading

How deep is deep? I would suggest the procedural approach that you are proposing for achieving profitable trading has a number of shortcomings. 1. The basics - Basic information is of course necessary but one problem recently mentioned in this ...

The brutal truth of day trading

It doesn’t require a great deal of insight to realise that the vast majority of people who get involved in trading, including myself I must confess, had or have totally unrealistic expectations about the time and effort involved to gain even a ...

The brutal truth of day trading

I agree. If you don't measure you can see just about anything you want to in a chart simply be changing time frames and scaling axis. When you start to measure things, in my experience the bigger picture starts to fall into place. If I had to chose ...

The brutal truth of day trading

Problem with ForexStealth Indicators — I purchased a copy of Stealth Forex system a few weeks ago. I had heard good reports about it. It consists of a small (about 40 page) e-manual and some custom indicators. Unfortunately two of the key ...

Stealth forex