Alright, im out. You have fun with your little project. Ta-ta.

Quant basket trader? I need your help!

I can imagine one of those unregulated brokers doing this but the ones that are licensed by a country's monetary authority seem a lot safer and better.

Who is making profit in the forex market?

If the cause of retail traders failing is still their own imprudence then its not really a scam.

Who is making profit in the forex market?

Please elaborate.

Who is making profit in the forex market?

Lets try this again. Dear PipMeUp, You cannot come up with a solution when you have not defined the question. Markets cannot tell you how to trade because markets are a collection of buyers and sellers who do not even know you exist. A 'system' is a ...

Quant basket trader? I need your help!

If you think about it 'risk management' refers to every single aspect of trading. Entry, exit and trade size all control your exposure to the market. Different people have different risk tolerance, therefore, never risk more than you are willing to ...

Just a bit of advice, for anyone, for free

Glad that you found a method that suits you. The problem when it comes to newbie traders is that they usually cannot distinguish 'intuition' from 'into-wishing'. Never suggested that you should.

Just a bit of advice, for anyone, for free

While there is definitely no 'holy grail' system there are benefits to adopting a purely mechanical automated approach. You certainly can completely codify a trading method into a system though the trick is to design it to fit your beliefs and ...

Just a bit of advice, for anyone, for free

Absolutely. A system/method is incomplete without one.

The Trader's Academy - by Traders for Traders

Just a few things I would like to point out about that guy: - He spent 4 years learning about patterns and developed his technique based on a comprehensive study of Markets. I believe it is important to design a system based on one's understanding ...

Trading Patterns

The game has always been the same because markets have always been the same; they are always changing.

Do You Know Any Millionaire or Multimillionaire Forex Traders?

Each instrument is different but you can and should use a standard form of analysis.

Is it possible to know when price will move rapidly?

In my opinion, these are the two things that all successful traders have in common: - Each discovered a method or system that suited their beliefs about the market. - Each managed risk well enough to keep themselves in the game. Also in my opinion, ...

Why didn't the USDSDG drop?

Its not really a concept. Its just a useful belief that traders adopt to simplify the market. Some people feel uncomfortable with buying when price is high and selling when price is low so having this belief helps a lot.

Is anyone here an institutional trader?

Forex_fairy, 1. Why should a butterfly drawn over price data be indicative of future price direction? 2. If some traders profit off such drawings while other traders fail, don't you think there is an underlying reason that goes beyond the drawing ...

Why didn't the USDSDG drop?

Neither technical analysis nor fundamental analysis can dispel uncertainty. Any method or mix of methods is applicable as long as it is used to manage risk. Oh, and consider the efficient market hypothesis. All fundamental data is already accounted ...

FX trading isn't just TA or FA alone

Heres a short story that serves as the prologue to Jack Schwager's The New Market Wizards. Enjoy: The Jademaster One cold winter morning a young man walks five miles through the snow. He knocks on the Jademaster's door. The Jademaster answers with a ...

The Trader's Academy - by Traders for Traders

I would assume that the amount of buying/selling pressure that needs to be present to move price so someone can "make his pips" ends up costing more than it can gain. The market is driven by the collective actions of its participants. Since this is ...

Is anyone here an institutional trader?

Seykota's massive success wasn't even down to chance. He knew that markets in his era were much kinder and that those conditions would not last forever. He ran his most aggressive system at a time when it was still feasible and even experienced a ...

Do You Know Any Millionaire or Multimillionaire Forex Traders?

The people who sell trading courses have a stake in over-inflating their profitability. Successful traders have no reason to share the private information of themselves and their stakeholders. Its not hard to see why the successes are hidden from ...

Do You Know Any Millionaire or Multimillionaire Forex Traders?