Well you got to start from somewhere I guess, have a reference of some sort to build an understanding of how the markets generally moves. Using past data to lay down some general, adaptable rules to follow is not data mining or curve fitting. It can ...

Past performance is no guarantee of future results?

That speech alone pretty much won him an oscar, good stuff and timeless too, it is probably more relevant now than ever before

How to pass the time while trading?

watching random parts of the 1987 movie Wall Street (or other wall streets movies but this one is by far the best one) . For some kind of weird reason that still eludes me, trading after watching short parts of that movie always seems more fun, it ...

How to pass the time while trading?

standard deviation is the square root of variance. Why people use standard deviation instead of variance is because the values of standard deviations are more usable in real life. It gives the value of dispersion in the same units present in the ...

Statistical Evaluation of Trading Results

Maybe, but still, Canada is no tax haven compared to the US when it comes to trading (or businesses in general). Americans also can get incorporated and the salary or dividend they will get out of whatever corporation they will have created will be ...

Canadian traders, u guys are seriously lucky with taxes

Depending on where you live in Canada the marginal tax rate can rise pretty quickly to 50%... so even if you pay half of it you still pay 25% in taxes on revenues from trading. Also, if you make more than a 100 trades in a fiscal year the profit you ...

Canadian traders, u guys are seriously lucky with taxes

Globalprime claims that they can give you, if you ask them, the direct receipt issued by the liquidity provider that matched your order. That would pretty much prove that your trade was not handled by any desk at your brokerage firm. They are also ...

Can anyone suggest a good and honest ECN broker?

url I saw that video a couple weeks ago and even though it is pretty much geared towards the relation between an institution and its clients it still gives an interesting perspective regarding the mind of the high net worth individual. The ...

How to find big investors who invest more than $10 Million

Well they are private businesses, and like any other businesses, they work within their own predefined and unique business plan so it is safe to say that different brokers can make money in slightly different manners. As long as they provide you ...

So I read that brokers hedge against your trades...

[QUOTE=LazyLobster;6540305]Here's my two cents.... If you want to try retracement trading, Ichimoku is a very good one. PM me with yer email address if you want to get a free ebook with an awesome description of it. If yer familair, bounces off the ...

The Clown - Yet Another System/Method

Hi all, I just stumbled upon this thread and it caught my attention right away because it resemble a lot what I am trading at the moment (I use CCI instead of macd to gauge the momentum and a different set of MAs to show the trend). I just did a ...

The Clown - Yet Another System/Method

I have a degree in finance and during my stay in school I had one 45 hours class focusing solely on technical analysis. Higher education institutions are usually reluctant to offer courses related to speculation and TA because it is believed by many ...

College courses for forex

... insane regulations on everything in this kindergarten country of ours, and that is without talking about the marginal tax rates which are out of control. In the province of Québec on every dollar you make over 43K a year you will have to pay 42 ...

Canada now worst place to be an FX Trader, kiss overseas brokers goodbye

To travel and be free I guess, I want to see the world while I can still enjoy it. It seems that trading can offer you that because all you need is an internet connection and a laptop. Even if it does not make me rich (supposing that I can someday ...

Why do you want to be Rich?

It is an interesting concept you have there, but I was just wondering how do you know that price has maxed out and is about to go back to the initial price level line at trigger. Could the price just not consolidate and shoot up again? Do you look ...

Volume Price Level Trading

Tick volumes (the count of up and down ticks in every candle) will tell you more or less accurately the level of activity between sellers and buyers in every given candles. For exemple, if you have several big bullish candles with normal tick volume ...

Price Action Speed Rate?

Good call on shorting the CAD, the futur in North America seems quite gloomy. Sometimes I feel I'm the only one who is wondering why the world is still putting so much faith in the greenback (helping the CAD against other currencies) The Vix showed ...

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