Actually, that's not entirely true. You can make the same number of pips, but keep in mind that position sizes typically change between trades. That makes the swap issue a lot harder to figure out, in some cases you'd end up paying more, in others, ...

Proposal to phase out Hedging

If you exclude the broker and transaction fees it'd be a zero sum game. Including the broker&fees it'd be a negative sum game. Soros traded long term based on macro-economic changes. He wrote a book about it, there's not much mystery there. In order ...

How George soros made his billions

Lot of ways you can do it. You can look at momentum and compare a "triangle" to get the strongest and weakest. Or you can just trade off shorter term patterns and wait for a good setup. Depends on how your brain works.

CBOT Market Profile

The thing about MP, it's an intra-day strategy. That means you need to "qualify" the day a bit by focusing on high potential days, and ignoring lower potential days. A lot of classical day trading approaches work w/ MP. Gap trading, a well-tested ...

CBOT Market Profile

OSMA is Oscillator of moving average. Linky: url It's not quite an MACD, but it's similar in some regards. ... CCI is Commodity Channel Index. Linky: url It's a stochastic indicator. Current price action relative to short-term historical price. ...

Calling all Divergence traders; what's your favorite indicator?

It isn't the shape or magic of the bars that matter. It's the price action that occurs within them. A v-bottom is a v-bottom regardless of what timezone offset you're using. Rejection is rejection, acceptance of value is acceptance of value. A down ...

Do you Believe in 4 hr/Daily bars?

Nah, just fill out your taxes and use the 1256 method. You may want to print up a piece of paper that says "On xx/yy/2009 I hereby elect to use section 1256. Signed, _________" or something like that for your records, and if you're doubly worried ...

Do you pay TAX after trading if you live in Nevada USA?

In most cases forex trading just counts as income. If you take mark-to-market treatment it counts as capital gains, and is given a blended rate on your income tax return. If your state and county both have no income tax, then you won't pay at the ...

Do you pay TAX after trading if you live in Nevada USA?

Hahahaha I have Alchemy of Finance. There are good elements to it, but yes... to get to the good parts you have to wade thru hours of un-ending egotistical drivel. But as always, yes, cut your losses short. I'm amazing how many times people have to ...

How George soros made his billions

Heh. You run MT4 from Wine, but not linux directly. Wine is a windows emulator for linux, it's a kind of shell that takes windows code and combines it with windows libraries (APIs, DLLs) and other externals (like fonts) in order to get the program ...

mt4 in linux linpus

Since ya'll are talking MA here... The chart below is a weekly, 9EMA/21EMAs plotted. 9 is the purple, 21 is the gold. Now that won't help you one bit trading intra-day (the long term trend rarely effects the number of days in either direction, it ...

Extracted Thread (per thread starter's request)

Because jacking up your lot size means taking insane levels of risk. It's a demo, so who cares, but if it was real trading... you'd be blowing out an account with that. MM rules take discipline. Most actual traders know breaking those rules isn't ...

Over 13,000% return in just 1 week ! How is that possible ?

Inflation?

Underleverage and the consequences

If you're trading intra-day then you have to know how to figure out the mood of the day and avoid trading during bad days, or trade consolidation patterns (like a box trade) that indicate a "build-up" of energy. Most people develop around a ...

Noise preventing profitablity altogether?

Yea, which is more-or-less what I've done, but it's still a needless bit of cruft. This "rule" just encourages people to step around it. It just wastes the NFA's resources and give them a reason to raise fees. It's a scam done in the name of "the ...

Proposal to phase out Hedging

Problem is... how does the broker really know if you're hedging or not? It's not enough to just take opposite positions at the same time. I "trade around" my own positions all the time, it's a great way to take advantage of multiple TF approaches. ...

Proposal to phase out Hedging

Headlines are only as good as how they're read by the market. I've seen great news reacted to poorly, and bad news reacted to very well. If you trade using MACD divergence and it works for you, then trade it. If not, then don't. This isn't really ...

macd divergence on DJI - The Bottom?

Whoa. Is that spot/cash natural gas? Holy double top, batman. Looks like commodities are pricing in a big global slowdown.

natural gas - 10 consecutive red candles in a row

Old thread, nothing magical tho. Obviously we're still in the 1.4780 to 1.4580 range.

Gbp/usd:any predictions on what the support and resistance might be tommorow?

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