Recovery almost done. I'm now more and more confident that the Dollar will continue to weaken again. image image

$5k to infinite

What's wrong with that?

successful trader without stop loss?

True. If you use low leverage you won't need hard stops. But of course you need a way to manage out of losing positions.

successful trader without stop loss?

How to manage the undenyable downside risk? — So how to deal with drawdowns? For now I think I will use some of the daily interest and gains to reduce the most out of the money positions. Oanda uses the FIFO for orders and you can use sizes as ...

Carry Trading

So here's the account. Let's see how that simple and stupid approach can make. image

Carry Trading

I love that platform. It's simple and offers a lot of stuff. Even though the interest rollovers (swaps) are horrible if you're long Crude Oil for instance. All in all they are not that good like at Oanda but ok. It's always nice to be able to ...

$5k to infinite

It's just the daily timeframe. So no stress. I don't care about +/- 100 pips/points. Regarding the stock markets I think the Dow might even reach 11,000 first so I might drop my indices shorts on Monday with a loss. Same is true for Oil...

$5k to infinite

It's tricky at the moment. The daily looks like it has found its bottom (higher lows already). Plus we have the fact that traders have build up a huge net long position in the Dollar already: The latest CFTC figures on speculative FX futures showed ...

$5k to infinite

Yes it's RBS MarketIndex (formerly ABN Amro) who have licensed the Oanda platform but offer more stuff.

$5k to infinite

I took a break for a month and luckily this was December. I will start with a new managed account the coming days and will keep you up to date how this will work. Yes, commodities and stocks are a different beast but sometimes easier to trade in ...

$5k to infinite

Not yet at BE but I get closer. image image I dropped my Euro longs completely now. Will watch how this develops on Monday as there is still the risk of 1.38 if the Euro doesn't manage to close above 1.4460.

$5k to infinite

Thanks shiko, very kind of you.

$5k to infinite

Thanks yes. I think AUD/JPY will be the burner this year, hopefully to the upside.

$5k to infinite

Current state, I'm long Euro again: image image

$5k to infinite

Hi all, that's the current situation in my account: image image As you can see I recovered a bit from the lows ($3,300) and I'm net long USD at the moment. Yes, that's right. I still think that the Aussie will outperform the other currencies ...

$5k to infinite

Well that ok for me. At least with the current edition you have a full 60 days money back guarantee. So you can't "lose" anything. I've seen a lot of crap out there and don't be scared about my bad performance in December, that had nothing to do ...

$5k to infinite

I'm still reading it but so far it sounds much more complete than the first edition, so yes, I think it's worth it.

$5k to infinite

You can even hold them for only a few seconds. They don't care about that.

Nice for Scalpers to know about OANDA

Yes I have but not at this account size. In bigger accounts I try to limit that to 10:1 max.

$5k to infinite