Thoughts on buying Iraq Dinar... — Breakfast would cost less.

Thoughts on buying Iraq Dinar?

There are practical men (who get rich) and then there are philosophers. The philosophers dedicate their time to understanding and not to personal gain; I figure that Soros failed, at least in part, because he was so concentrated on making money. You ...

Order Flow - Achieving the mindset

I have read one book by Soros - the Alchemy of Finance - which is the book I suspect most people with a passing interest in him will have read. He begins by telling of the theoretical framework he uses for judging the implications of economic ...

Order Flow - Achieving the mindset

How big of you. (You're being watched through a hole in your ceiling)

Order Flow - Achieving the mindset

"The fox is smarter than the hound, that's exactly why they hunt him down" Whoever wrote those lyrics was definitely trying to console himself. I'm not joking, bigger fool.

Order Flow - Achieving the mindset

Disturbing 'music' by a guy who's obviously suffering from paranoia.

Order Flow - Achieving the mindset

Darkstar, I wasn't sure how you would take to writing and so was worried that, although your book would deliver the goods, it would be more 'instructional manual' than a well written and thoughtful welcome to your world. Going by your introduction I ...

Order Flow - Achieving the mindset

I believe that we are all greedy enough to sort out our psychology/ work through our demons once we have a trading philosophy which we fervently believe will work. It's only natural that over time we iron out the creases in our behaviours, we learn ...

Self-help mentality

I would liken successful trading to playing 'Rock, Paper, Scissors' and winning. The aim is to get to know others better than they know themselves, so I guess we're social scientists now.

Order Flow - Finding cluster of stops on chart

Nice post. I specifically agree with your comment about 'spill-over in to other areas of life' and came to the same conclusion for my self a while ago. I'm one of the people who came to forex factory looking for the easy money, the money I didn't ...

Trading Prerequisites - Doing it Right

You're right to understand that it is all about you, but I ask you to consider the fact that you may be trying to play tennis with a fishing rod. Is the information you are using suitable for the purpose of making money in the foreign exchange ...

Looking for trading coach/mentor or accountability partner

Society is still intact and someone has made money from the losses people have experienced. What is a mess to one man is an opportunity for another.

Do Investment Bankers make a lot of money compared to traders

If I could tell that 'the underdog' was just as capable in every way as the one who had attended the top university then I'd take him on too. But could he ever be as good for the business? For starters, he wouldn't have a social network as affluent ...

Do Investment Bankers make a lot of money compared to traders

A growing population doesn't require a proportional increase in the number or size of institutions. Assuming that the ratio to each class is roughly the same as it used to be, it stands to reason that these institutions have a larger choice of ...

Do Investment Bankers make a lot of money compared to traders

I'd say those who get there are mostly upper class, but only because they are the ones who are best prepared. If a working class person had enough emphasis placed on education throughout their younger years, had (somehow) developed confidence in ...

Do Investment Bankers make a lot of money compared to traders

Originally Posted by fugly image tell me mfoste1, what are there qualifications like? Most have achieved top grades all the way through their schooling, they are also in most part privately educated. They then go on to take quantitative degrees at ...

Do Investment Bankers make a lot of money compared to traders

I'm not casting judgement on whether stop-hunting is occurring in the particular situation the OP is talking about, but In general I don't consider it to be something that is instigated at the retail/market maker level. But, It is entirely possible ...

Stop Hunting occurence?

In layman's terms... Traders fail because they don't know how to trade. If anyone catches me using big words to explain something so simple please don't hesitate to call me out on it.

Why are most retail traders usually on the wrong side of the market?

I wonder where female Investment Bankers hang out... hmmm.

Do Investment Bankers make a lot of money compared to traders