I agree bullish on the Yen, but BoE is not certain to cut rates any time soon. There are a number of possibilities driving the Yen strength, one of which is the move of foreign currency reserves out of China and middle-eastern countries into the ...

End of Carry Trade

You are fortunate to have the opportunity. Best of luck for the future.

Trading The "Normal State"

I assume you have moved to Russia because you perceive that part of the world to be relatively immune to, or maybe just less likely to suffer from, the effects of the GSCB stage? Are there warm and sunny parts in Russia? IMHaCO economic expansion on ...

Trading The "Normal State"

Some interesting posts up there. I notice you can short stocks, or is that a CFD or other instrument? I have not yet found a broker who will provide that facility - and the more I thought about it the more I am going off the idea. It only takes a ...

Stocks trending room

Well thanks for that, and I'm glad it was never used in that way. Surely not that difficult, ....anybody?

Stocks trending room

This is doing my head in — I give up, what does this mean? BTW I just put $5k on a bank

Stocks trending room

Trauma and the Eur/Usd — Here is something I noticed on Monday last week, iirc, we had a bad day on Wall Street the previous Friday and the misery was then echoed Monday morning in the Far Eastern stock exchanges. Can't remember what happened ...

Stocks trending room

This is the aspect I needed, so a big thankyou for that. Maybe you didn't realise it when you wrote, I didn't even realise it when I read it the first time, but I have been here a lot.

Soultrader's Clinic :)

Thanks, that is my understanding also.

Soultrader's Clinic :)

Now that is exactly my intended question (and thanks Bunton). My numbers on the month are 69% winning trades, but the losses on the losers are occasionally huge. I watch the slow move in the wrong direction and then, as it accelerates, I close out ...

Soultrader's Clinic :)

Hi Phil, no I don't mind at all. I am having a little trouble figuring out your actual numbers, do they mean that if you open a mini-lot position you have $2k to cover that position (as an example)? From Soultrader's comment it seems like he is ...

Soultrader's Clinic :)

Hi, and I am glad that you re-opened this thread. I have other questions for you later (after the kids trampolining) but meantime - what is your expected effective leverage on an account. Effective leverage being measured by traded ...

Soultrader's Clinic :)

Now the Kalman filter should provide a good basis for market scalping. The filter is intended to take unsynchronised, error ridden or at least occasionally innaccurate, data and figure out what the offsets, time delays and current state of anything ...

Trading The "Normal State"

That is interesting; it means that the effective leverage is 15:1 or less. The more that has been made on currency movement the lower the leverage actually is. ...or did you skip the tongue-in-cheek emoticon?

Trading The "Normal State"

Look over the other shoulder — There are a couple of things about Jpy that have been missed completely, and that is because the human time-frame is really quite short. Japan suffered massively over-inflated asset values, corporate ...

Trading The "Normal State"

EllisEdi, I think that is a very good point.

Take out profits or build account

The answer to this has to be driven by personal goals or targets. There are (at least) two reasons for sweeping out profits:- 1) you need them 2) you are working towards zero-capital risk. I am in the 'leave it to grow' camp, simply because I want a ...

Take out profits or build account

You are right of course, except that Canadian domiciled customers of Refco did get an amount of their money back. I do not know what due diligence you could perform to ensure that such claims were of substance. If anyone would care to throw light on ...

Who here manages other people's money?

If you had a Refco account, and did not live in Canada, you lost your money when they went bust. Some brokers now have insured or segregated account systems which protect their clients money in the event of an unfortunate happenstance (such as ...

Who here manages other people's money?

I voted in this poll a while ago, and I'm glad to see this thread still picking up the views. I have made some progress and recognise the small steps made from the list in post #1. I think I will have it framed. Look inside yourself. The desperation ...

The 5 Steps to becoming a trader