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Spreadbetter commented Aug 29, 2012Nope, not buying it, risking 100/200 pips consistently for a 25 pip return is barking mad..in terms of probabilities (which is all you're playing with at the retail end) it's suicide..
Trading is Not About How Often You Win or Lose
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Spreadbetter commented Aug 29, 2012And yet mortgages agreed falls circa 4% last month, which is a big fall.. House prices are still falling in many states and back to 2003 levels, youd need to give this cat a shock to even call it a dead cat bounce, and case Schiller etc are shills ...
US July Pending Home Sales Rebound
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Spreadbetter commented Aug 29, 2012Scalping, as you retail guys understand it, is a pointless exercise. You'll never 'win' with fxcm or any other broker.
Trading is Not About How Often You Win or Lose
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Spreadbetter commented Aug 29, 2012Can't be emphasised enough that the game is all about probabilities, money management and developing a healthy trading mindset wrt working those probabilities and accepting the inevitable losses as part of your overall trading plan. My criticism of ...
Trading is Not About How Often You Win or Lose
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Spreadbetter replied Aug 28, 2012No thanks, I reckon (judging by the few pages I've read) by now your readers have got the basics sorted, can't really add anymore, it's all a game of probabilities anyhow whatever candles/indicator set/price action you use. The only thing I would ...
Swing trading with heiken ashi and stochs
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Spreadbetter replied Aug 27, 2012Good thread. Well done for sharing. Have built my own edge, developed principally around HA, for approx 3 years now. I only trade off 12 hr chart and the dailys and use the dmi plus psar as 'filters'/increased confirmation..dmi adjusted to 21/25.. ...
Swing trading with heiken ashi and stochs
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Spreadbetter replied Jul 4, 2012Lol, clicked through to forex magnates and immediately get a pop up for FXDD..
Best ECN/STP/no DD broker
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Spreadbetter replied Jul 4, 2012ECN, NDD, STP...bollox is what it is, marketing terms for the naive. To me the FX industry is a bit like the car insurance industry in the UK, you think you have choice but there's only about five insurance companies with a hundred different white ...
Best ECN/STP/no DD broker
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Spreadbetter replied Jun 29, 2012When does the sell start? — Or have I missed the pitch?
Why you suck at trading
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Spreadbetter replied Jun 21, 2012How about never scalp because it won't work long or medium term whatever broker you're with.
Best ECN/STP/no DD broker
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Spreadbetter replied Jun 16, 2012I trend trade off the daily TFs, have been long Aussie and Kiwi since early June. Whether by accident or design I'm now out of all euro pairings since around the same time and haven't had the signal (my signal) to go back in. Close to going long on ...
Greek Election: Close or Open?
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Spreadbetter replied Jun 16, 2012I'm still mystified, given how precarious the global banking situation is currently, wtf people put 'speed of execution' above safety of funds. Especially when most retail traders shouldn't trade on anything lower than daily time frames. To me it ...
Best ECN/STP/no DD broker
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Spreadbetter replied Jun 16, 2012Median ror -1.14% , 0.76% lol...
hedge funds trading performance information
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Spreadbetter replied Jun 16, 2012Yeah, I'm a laugh a minute me, with a low pain threshold for stupidity.
Is S/R important over a long period of time or irrelevant?
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Spreadbetter replied Jun 15, 2012So retail traders account for what, 8% of the $4 trillion t/o in fx daily? So let's suppose the vast majority of t/o is done by institutions, now where do you imagine they (the banks) place their buying/selling orders, r1-r3, s1-s3, 00 numbers, 50, ...
Is S/R important over a long period of time or irrelevant?
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Spreadbetter replied May 25, 2012I would suggest a net worth of 500k and liquid funds of 100k. Compliance will like that..
Oanda wants Current Net Worth/Employment Update, WTF?
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Spreadbetter replied May 25, 2012And is support, resistance and the daily pivot point not technical analysis, ergo a list of indicators? Price action is no more reliable than using certain indicators from the classic 4 indicator groupings. But there's also a hidden benefit of using ...
Why do indicators not work/work? Why is Forex not truly random?
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Spreadbetter replied May 24, 2012Had to read that twice, "feel ladies, drink at clubs all night 'til 3 am.." you da man..
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