Absolutely. It's not only theory, it's practice. It's mathematically proven, that by splitting up huge orders into smaller "packets", one can achieve a better average price, than by tossing the whole trade in at once.

What happens when the lots size gets uber-big?

Holy Jizzus, the 2nd book already? Thanks for your time and efforts invested. Not sure everyone knows and appreciates the kind of effort one needs to put a book together. You have to be brief but informative, entertaining but not pompously ornate ...

''Trading Price II'' by PhAnti - have fun

Yeah, that's the wise words of Wikipedia ... which part is not true for trading? You put up money because you want to win more, and you have no idea about the outcome (although you hope you'll win). Trading and gambling are no strangers, maybe ...

What are similarities between trading and gambling?

...and the sweetest wine into vinegar, and then back into water ... neverending story ... savour the wine before it turns to vinegar ...

Technical Analysis Fallacy

That's perfectly human, acting on impulses. It's like the -50% off sales, even if the reference price is a lie, it's hard to pass a half price deal, so we might buy those items even if we don't really need them. We're not machines without feelings, ...

Mr. Marketz goes to market

I think it's more like CAD weakness. Broke trendlines versus all civilised currencies, I was thinking about buying AUD/CAD (swap positive), but with this vigor in EUR/AUD (and other EUR pairs), I decided not to buy Aussie. Anyway shorting loonie ...

Aussie Trading Room and Cartoons Gallery

It might not be too much per trade per day, but if you sum it up, over months or a year, you will see those little piranhas biting chunks out of your account. Interest!!! AUD & NZD, pain to short, EUR & CAD not my favourite either.

Aussie Trading Room and Cartoons Gallery

Simples. This was a yen move, not a pound move. All yen pairs collapsed /at least all those I had a peek at/. It's useful to look at multiple charts to get a better idea what's going on, and where.

Can Anyone Explain This Chart?

Better luck this time. It's easy to blow an account by overtrading and betting on reversals. Good thing you learned something. Pull those pants up; or the market will rip your backside open again.

Aussie Trading Room and Cartoons Gallery

So it's just the luck of the draw ... that's why I try to stay away from CHF pairs. You guys posted some nice slow music, hope you don't mind my contribution. Fantastic song from probably the best country/blues album, just mind blowing. video

Technical Analysis Fallacy

That's genius ... I don't know about the kindle but the nook has wifi and runs android which is the same java as Oanda FxTrade ... I just need to find someone to root it and put FxTrade on it. Shouldn't be too hard for these computer geeks. Great ...

Technical Analysis Fallacy

Thanks for the info. What do you think about the swiss franc? It does not move on its own since it's pegged to the EUR.

Technical Analysis Fallacy

Hi C-Man, thanks for the AUD chart. I think it's just too many charts and currencies for me to watch. Speaking of chop ... do you have an idea why sterling pairs are notoriously choppy? I mean, it's the 2nd or 3rd most traded currency, plenty ...

Learn to Swim

Could it be you're just thinking too much. If living in suburbia with 30 years mortgage on your back is not for you, then don't do it. Instead, try to rewind, to when you felt you were in the right place, with the right people, and try to do ...

What do you do in between waiting?

... yeah, better a loose loser than a loser looser.

EURUSD

Hmmpf, "five hundred miles" nice melody, reminds me these old fellas ... look at the funny hairdos, the proof that men have three basic hairstyles, parted, unparted and departed. video

What do you do in between waiting?

ROFL. BTW is it spelled "losers" or "loosers"?

EURUSD

Divinyls, innit? This song, along with Cindy Lauper's She Bop were quite controversial in their time. Not without a reason, we might add

What do you do in between waiting?