Generally the leverage itself is not what introduces more or less risk, it's how you use it. If you are trading mini's, then you are essentially trading in lots worth about 10K. If you have 1K in your account, then your actual leverage is 10:1 . If ...

Question RE: Leverages

Great catch, henrycarol. BTW, I checked on the whois data base - url for the owners of "nortlhfinance.com", unbelievably, it's registered here in my province (in a little town - Yarmouth - at the bottom tip of Nova Scotia.), while ...

Email Scam asking for NorthFinance Account details.

I think actually I agree with you - it's not a bailout, it's a breather while the rest of the market gets it's act together. I think Bernanke is givng excessive specs a chance for an orderly retreat based on his understanding of the market (which, I ...

Subprime Worries

It greatly increases the expectation of one - at least in the opinion of the people in the halls of power that study such things (it's one of Bernanke's favourite research topics, and the one he is best known for in academic circles). But obviously ...

Subprime Worries

HC - it may be that you were thinking of the actual underlying flows that drive the speculative market; speculation is essentially like playing ping-pong on board a ship. Just hope this guy isn't the captain. Bears a striking resemblance to Ben ...

Who lost money last week?

There are several (older) reports from the NY Fed you might find of interest: url url url

chart formation mathematical expectation

No, they write books for people who understand that O(x^2) << O(exp(x)), and who might also know their cantata fundamentals

Carry Unwinding but yet Nikkei continues to fall?

The BoJ has always been successful in the past, especially at weakening the currency hard. They have several things going for them - they can basically print money at will, since Japan is not (now) an inflationary economy, and if things get out of ...

Carry Unwinding but yet Nikkei continues to fall?

Lol, very true. I would add in there somewhere BoJ threatens intervention-> Market knows maximum hard limits on risk -> carry trade resumes. If trading is thin over the next few weeks, and especially if the BoJ doesn't raise rates, I would expect ...

Carry Unwinding but yet Nikkei continues to fall?

Lol, yes, you are right. Good catch.

CMSFX Giving Away $500 Live Accounts

It's like the question posed when you sit under a tree and an apple falls. You have lots of choices, among which are (in no particular order) 1)Run (don't want to get hit in the head by a falling apple) = average investor 2)Pick it up and eat it <- ...

Why did jpy strengthen?

I agree, the problem is is that now we move into a high volatilty area before things settle down. Strike a big bell hard, it takes awhile to stop ringing. I haven't got a good handle on what to expect for ranges (mainly w/r to eur/jpy) for the next ...

Carry Unwinding but yet Nikkei continues to fall?

Excellent point.

Carry Unwinding but yet Nikkei continues to fall?

Try them both (as well as other approaches) in demos & micros until you find what works best for you. The basic systems are primarily starting points from which you evolve your own style suited to your own strengths & weaknesses.

NEWS Trading or TECHNICAL Trading?

Interesting to do the math - if you have to do 30 full lot trades, assuming a 3 pip spread and 10$ per pip - then they will make 30*3*10 = 900$ off your trading (if you survive at least 30 trades, 300 minis, or 3000 micros). So at the very worst, ...

CMSFX Giving Away $500 Live Accounts

I agree Ah - especially on days when JPY crossses were moving at times several hundred pips in just a few minutes. CurrencyAnalyst - Brokers are in it for the same reason we are (and it's not to find our true inner selves ). With respect to the ...

The Spread Scheme.... No Holes Barred !

No, over-analysis is bad, as is the second guessing that often causes over trading. I would imagine (having read other posts of yours) that you are pretty aware of the bigger technical picture by the time you enter the office, so that the ...

Daily GBP/JPY analysis

Well, the ball first really started rolling for sure in mid-July. IIRC, the peak in Eur/JPY was hit on Friday, July 13th (Friday the 13th's are considered bad luck here).... More realistically, the mood that market run-ups were in trouble has been ...

Why did jpy strengthen?

And just like free beer, it came back up again....

Mathematical reasons why MOST DayTraders & scalpers fail?

I agree, it's a nice one to trade, and now it seems to be heading into consolidation, maybe (LOL -how's that for non-committal). Anyway, it looks like it's setting up for a ranging type of market, and I think I'll just sit on the gains from this ...

Eur/JPY