[QUOTE=kolachi]I daily earn 50 pips or more on the average a day. Come on dude? I freely admit to being a total noob, but I am absolutely certain that is not even remotely true. oh sh#t, i can't stop laughing. ps-i am not trying to hurt your ...

Portfolio Management

Trade the News has a service with 4x headlines and audible reports. I use that package for about $175/month. Personally, I am extremely satisfied with their service and you can try it for free for 1 week. I did the free trial and subscribed on the ...

Good Broker for news trade

You might checkout forex.com (Gain capital) , I used them and was satisified very much with their filling of orders. Their pip spreads do not change during news time (pretty sure about that). They have some nice convenience factors, but they don't ...

Good Broker for news trade

Alex, This is my fifth month of trading and I am starting to suck noticably less than I did even 1 month ago. I'm almost completely out of the red and moving into profitable territory. I think each single trader is required to read multiple authors ...

Which FX Trading Course/System is Good for newbies?

does this straddle really work for you? i would think the whipsaw effect would create alot of "double losers".

Trading the news

On www.tradethenews.com i was quoted quite a bit less than 2000/mo. for the audio squawks + fx bullets, it was much closer to $2100/year. I thought that was pretty reasonable, if you don't care about audio though you can bring the price down quite a ...

Trading the news

I think every one of us in 4x has done similar math, including myself. Good luck. Also, if and when your account gets to 6 figures......... new psychology comes into play above and beyond the usual greed/fear stuff. Is it wise to have 500K in an ...

Experiment: $100 to $1,000,000 USD in 155 Steps

Oh yeah, I also want my cable subscription, ISP service, news service, computers, etc. to be tax deductable. it is legal, the government just counts on people to be too lazy to do it and pay their overweight tax bill. imho.

Forex Taxes

Keep track of your losses, they are deductable...... but i'm no accountant. Theoretically, you can operate as a sole proprietor and report your home business expenses without forming an LLC. I formed an LLC because i do not want the IRS disallowing ...

Forex Taxes

Thanks for posting this information. I am a bit disgusted with Forex at the moment and wish to align myself with reputable people. I would also appreciate information on reputable people that offer training. thanks again.

Bucket Shops in Forex

Are you sure that is a real king? He has an Aunt Jemimah bandana held on by a large black gasket for a crown. And when did kings start sporting "soul patches" on their royal chins? But, count me in. I'm moving to Saudi to become a peasant so, I too, ...

Looking for a "Free Trade"?

[QUOTE=james16]amen[/QUOTE o brother, i wish to preach about the virtues of a miniaccount. paper trading is great. but losing real money really hurts and i believe the emotions of money cannot be replicated in paper trading. My advice=a) paper trade ...

Patience, Hardwork, Money Management,blah,blah,blah. I'm sick of these cliche's now :

I got stopped out of a similar sell order on the FOMC report. I, too, could not find a candle to verify how that occurred. I put a 15 pip stop loss on the sell order. I am a noob, but I interpreted the trade as an error on my part. The FOMC report ...

Stop Hunting

I tried this approach with the FOMC report today. The Short answer= I lost due to my stop loss being "triggered" by a bounce as the EUR/USD fell. I watched the monitor and thought I was doing great, but look at my account balance and the truth was ...

FOMC tomorrow, should we try to trade the market??

If you trade OPM (other people's money), the US government will classify you as a security type entity. You would then need to comply with SEC guidelines/rules. The short answer is-do not trade OPM unless you are an extremely sophisticated ...

Do I need any licensing to trade public money?

There is a saying about if you are at a poker game for more than 10 minutes and you have not identified the sucker...... get out of the game now because the sucker is you! Get out of the game and paper trade a bit until you have a knowledge base and ...

Patience, Hardwork, Money Management,blah,blah,blah. I'm sick of these cliche's now :

I would recommend Oanda. There are things about it people don't like, such as no trailing stops and other things that are minor items imo. why Oanda.... 1) very low spreads. as low as 1.5pips for EUR/USD. 2) they pay interest on your account ...

recommendations?

I always try to make the candlestick move with my mind. It doesn't work too great though, maybe it's because I'm all hopped up on caffeine that I am unable to manipulate the market with my mind. ............. I'm not quitting caffeine though, so I ...

how long do you consider a trade before entering?

I would just refer to the wonderful economic calender available at this website. Everytime you are in a position and , almost like magic, the candlestick catches fire and move 70 pips up or down....... When that happens, check your economic calender ...

Experience, by Joe Ross

The broker profits every time you enter/close the long side of the spread (and the broker makes it on both the winner and the loser). um.... I want to be the broker.

Are we all enemies at the forex market?