Oh so you're a money management kind of guy. Into game theory perhaps? Martingale? That would explain the number of wins and losses you have. My "optimal position size" is the traditional percentage of my capital I'm willing to risk on any single ...

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Cyprus. Speaking of which, a Reuters article is citing a leak that is claiming that they want to shift the percentages around with 100k+ taking a 12.5% hit and 3% below. Not exactly sure what that's supposed to change... Cyprus discussing changes in ...

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I've figured out that no computer software is ever going to make a lifetime trader out of someone. Keep laughing, joke will be on you. And very much like real sex with a woman, if you don't know what you're doing you might just end up with some ...

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I guess you've got it all figured out then huh.

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More directly, the consequences of not adequately controlling risk. Leaving weekend positions may be acceptable when you have entries on the daily charts and the large stops associated but intraday it's not something I would recommend.

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Misery loves company eh. I try to focus strictly on the technicals...some of the best opportunities are when people are scared. Price hadn't launched after a few periods so I would pull as standard for that kind of situation. But I agree ...

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I hate to use absolutes but as far as I'm aware every "fixed spread" place has to be a bucketshop. There's no other way to have a fixed spread.

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Price action is kind of ugly for longs, definitely not a strong pullback as I expected. Didn't pull the trigger on it but if I had I'd be looking to exit.

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He claims to not feel this way but I've always had the same impression. He even has a mock journal "in pursuit of the margin call". Debbie Downer if I've ever seen one. I think you misunderstood my post, but I don't really care anyway.

Why are most Forex Authors not active Traders?

"Falling knives" are more often than not illusions caused by lack of liquidity in a range to fill orders. There are perfectly acceptable times to buy when everybody else is screaming sell.

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Good to see that we're on the same page today.

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If I were in one of the bailout nations I would strongly consider pulling the entirety of my funds immediately and taking my chances under the mattress. I would absolutely not be surprised to see a run on banks very soon. Like Max said this is ...

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As others have said I wouldn't be surprised to hear of a run on the banks in other countries likely to receive bailouts. Whether or not such a brazen maneuver would occur in larger nations is questionable, but they've definitely done a great job of ...

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I bet we see a nice rally today on EU. This panic news has pushed price right into daily demand.

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I'm not sure then. I think of it in terms of banks and institutions/businesses becoming active for the day, both of which need to exchange currencies to execute business deals. The open of a session really isn't that strict either; I notice activity ...

Market timing strategies

By that argument most aspiring traders should be the ones being paid. The expected result for the vast majority of traders is certainly not zero.

Why are most Forex Authors not active Traders?

The opening of each session corresponds to the local equities markets opening up. I don't pay a ton of attention to them but you can definitely tell when the regional market has opened, in particular London, as activity picks up very quickly and ...

Market timing strategies

That is so fucking stupid. Just sent them a complaint about it.

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Yes but this is a little different being we're talking about the government doing it, not a private business. Actually I'd read in one article that the Cypriot legislature would likely not back the measure - what then? Government steals money from ...

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They have laws in Cyprus too, and this confiscation wasn't supposed to take effect until Tuesday. Yet, banks are locking accounts and removing funds immediately. Doesn't sound like the rule of law to me. As far as the US government following the ...

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