I agree but even then I would doubt the reliability of Oanda's results! As others have commented, how can a trader produce a 45% return with NO trades? That amount cannot be explained away by interest accumulation...

Competition

Of course if everyone was happy with Oanda then we can do it with that again...

Competition

Fine. Perhaps profiting consistently without ever taking a loss CAN be done but I firmly believe the trader that manages it is operating in the realm of luck. Zobo is completely right. There are hundreds of examples where you could be still sitting ...

Why I can't win

This guy needs to be stickied! This is phenomenal stuff. I can't get enough of this. Legendary posts.

How to be a trader for a company?

OK, I would like to go ahead and set up a new competition shortly. It seems like people really enjoyed this one and others would like to get involved in the next. The only problem I have with doing it with Oanda are the major discrepancies in the ...

Competition

That's a good point Gmak - I know you can have multiple accounts with Oanda and switching between them is just a couple of clicks of the mouse. An easy way to test different strategies and see what performs best.

james16 Chart Thread

Trader888, I think you hit the nail on the head when you talk about adding to positions. So many of the traders on here are exiting part of positions at targets and then trailing stops for the remainder and do not realise that really they should ...

How to be a trader for a company?

Took the words right out of my mouth...

How to be a trader for a company?

Trade your own account, produce a very good, consistent return over six months. Go over to a forum like T2W and start boasting about it. I got several interviews with huge firms by doing this - the recruitment scouts will usually PM you. Easy!

How to be a trader for a company?

A consolidation at this level will be a great buying opportunity. I was long from the pin (first circle) and increased my size at each of the other two points circled on the chart. Current stop is the lower horizontal line. I will add again on a ...

EURUSD

Has this guy got a bigger ego than me??

Why I can't win

I just got this PM: (Posted here with permission but with anonymity) not sure thats entirely true think you give your sub-conscious too much power and underestimate the ability of your conscious mind to make rational decisions also, [saying you want ...

Why I can't win

Didn't I tell you all it was going up last week?

EURUSD

Razl, congratulations on your profitable weeks. I remember when you first started posting here. It was not that long ago and you have really come a long way. Keep going and concentrate on your exits. And yes, I know, I shouldn't be here... Wiz

james16 Chart Thread

Hey, I Just wanted to tell everyone that I am going away from this forum for a while. As much as I want to make it, I feel like it's not my time right now. As long as I am trading to make other people proud of me and not for myself, I won't get any ...

james16 Chart Thread

I think most traders would do better if they closed all their charts and just watched the price. It is much easier to trade that way. I don't think you need any order book information - just the price. This is especially true if you spreadbet. But ...

How some traders can trade without chart?

I'm trading mainly off the daily so at this point I would not make a trade. Everyone has different styles of trading - for better or worse, mine is to wait for a setup I like and then swing a big line. Usually this line is way outside my comfort ...

james16 Chart Thread

dltvn, this actually hurts me to write this. I had a very large position in the Euro. Awful risk management but that's another story. At point A, I had a huge amount of money sitting on the table - very close to my largest profit in a single trade ...

james16 Chart Thread

Hi dltvn, you are right in your analysis but it depends on what timeframe you are looking to trade off. If you are looking to trade off daily bars (as James suggests) then there is, so far, no PA setup to go short. Price has temporarily rejected the ...

james16 Chart Thread

This looks fascinating. Keep us updated

Blue Waves