Merlin - I would love to speak with you about AC Markets - Can U PM me if this is OK. I can't seem to send you a private message.

AC Markets

Refco owned 51% and AC Markets are trying to dilute them to 25% though Refco have tried to get an injunction, in Geneva. Not sure the status of it. The question is, if Reco remain on 51% are client funds at risk ? Probably not. They would sell their ...

AC Markets

I trade Cable. On one screen I have a 5 min Cable chart on the right side. The left 50% is split with verticals of CHF, Yen and Euro. I watch the other 3 closely and use as a leading indicator / filter, right B4 I am about to enter or exit a trade. ...

Correlation of Pairs

Is there any concern that they are tied up in the Refco case ? Refco owned 51% When I called they said they had done a new share issue, which returned their in house holding to 75%. Not sure how they can do it without the vote of the 51%. Yesterday ...

AC Markets

Lets say in month 1 - I start with a pot of 200,000. 1% RPT is 2000 (RPT = Risk Per Trade) I make 20,000 in month one and take out 50% profit. In Month 2 my RPT will be 1% of (200K + 20K - 10K) The 50% profit is taken to pay for women and beer. ...

Discussing MM

I am using this system of MM. Works consistantly well for me: Risk per trade is 0.5% to 1% of my pot. My system trades mainly Cable with a stop of between 8 to 13 in spread. So the amount I risk per pip is dependant on how many pips stop I have on a ...

Discussing MM

What were you risking per trade percentage wise ? (Percentage of your pot of gold)

Losing 20% live :(

Yes if intends trading to be his only income.

Price of consistency

There is no direct connection between having a degree and trading peformance. If I was employing traders, without a performance history, I would take a grad over a non grad, if all else where equal. it would be a good filter. Degrees do not usually ...

Graduates vs non-grads in trading

$100,000 Capital 0.5% Risk Per Trade = $500 Risk Per Trade 10 Pip Stop = $50 Per Pip 100 Pips Per Month = $5000 x 12 Months = $60K (Without Compounding) So using the above example of 0.5% RPT, if you can average a profit of 100 pips a month for a ...

Position size - Looking for an advice

Always best to consider 'The Edge" of a sample of say 20+ trades, of a system, rather than one trade.

What do you mean by "Trader's Edge"?

As long as one is exchanging eBooks only with your contacts and not advertising them, I don't see what the problem is. You can also borrow a book from a library. You can also borrow a book (Hard Copy ) from another person. Has anyone ever declined ...

E-Book trading

Forget eSignal for FX. They have many issues with their FX feeds, even eSignal are aware of this. It is even discussed in their own forum. Try Meta Trade, which is free, instead: http://www.metaquotes.net If you want to pay, for more reliablity try: ...

Anybody have esignal software

Good primer on Fibs http://www.enthios.com/Lessons/TradingPrimer/FibonacciPrimer.htm

How to use fibonacci calculator

Read this thread: http://www.forexfactory.com/forexforum/showthread.php?t=2828&highlight=fibonacci

How to use fibonacci calculator

See the thread I tempted to start a while back here: http://www.forexfactory.com/forexforum/showthread.php?t=2940 It contains a great article on this subject. I am trading (mainly) cable, entries using 1 and 5 min charts. I have up overlaping 5 min ...

Do currency pairs affect each other ?

Don't worry about Warren. He was operating at 0.005% risk per trade.

BUFFET loses $900 million on USD