Nah, I'm talking numbers here. At least 95% of traders are not consistently profitable, that pretty much means they're gamblers. If you don't have an edge, stay out of the market: it's only commonsense. Yet most people can't do that, and that by ...

OANDA Discussion

That's not a bad theory. Not everyone will consider getting dedicated software with a separate live price feed, some will feel more inclined to paying for API access (especially if they have programming skills) and Oanda charges a lot for that, ...

OANDA Discussion

I agree with this, but not this: They're still the best MM broker hands down. (unless you can show me another broker with better conditions/possibilities AND a clean record) Their platform does not have high time frames not because they "want to ...

OANDA Discussion

I'm pretty sure that was the case. A million dollar account of a forex professional that ended with 40% of profit would count as one profitable account. A $1 account that ended with a balance of $1.01 would equally count as one profitable account. ...

OANDA Discussion

Hi, By transparent and straightforward, I meant the way they approach clients with regards to, for example, their trading conditions. Most other brökers will do things like say "as low as 0.6 pips" spreads, which is usually just some marketing trick ...

OANDA Discussion

Yes. I commented on it earlier in this thread. I don't like it. I'm kinda disappointed that they're into advertising now after choosing to stay away from it for many years AND still receive clients. (human greed wins in the end!) The ads I saw are ...

OANDA Discussion

Just curious, does anyone of you guys use the "Price Bounds" feature when placing orders? (for those who don't know what it does, it allows you to set an upper and lower bound in pips for the maximum slippage you are willing to allow in case any ...

OANDA Discussion

I recommend that switch. Do spend some time getting to know the platform though.

OANDA Discussion

This. ^ Every moment in the market is unique. Learn how to create a new strategy on the spot for every type of situation you encounter.

Recommend the reliable trading systems you tried from forexfactory

Indeed they have, in case you guys didn't already know. Their trading conditions aren't good either. I don't see why anyone should leave the better brokers out there and trade with this lame broker.

Your experience with Forex.com [GAIN Capital Group, LLC]

Looks like just another unregulated bucketshop from eastern Europe that doesn't even provide a company address. Stay away if you're a serious trader.

4XP discussion

I got it from the updated forex wiki page. The actual source of those stats is the Euromoney FX survey which is considered "the largest global poll of foreign exchange service providers." This article here has some good info as well.

Just lovely discussion :)

Retail forex traders don't have any major weight in the real forex market in terms of volume, and won't have it in any foreseeable future.

Just lovely discussion :)

To each their own, but if you ask me, I would suggest that you try to think not just in terms of "who" drives the forex market (which is what you asked), but more importantly "what" moves it, i.e. the specifics of how the market moves. This is ...

Just lovely discussion :)

Gold baby.

Who's Got the Best Chart Colour Scheme

Anyone can say anything in a forum.

What is your Account size?

Indeed, and I'm out of here as well for the same reason. I will however continue to have a look every now and then since I, as a trader, always find it slightly educational to observe human ego at work.

Ok, Lets do it - Developing a Highly Profitable System

You've got a long way to go. lol good point.

What is your Account size?

You're asking all the wrong questions. Forget about me for a second and really think about what Adal said for starters (of which you showed a complete lack of understanding). Stop worrying so much about us "hiding some holy grail secret from you", ...

Ok, Lets do it - Developing a Highly Profitable System

That is not a good comparison. Archimedes was a scientist. Trading for a living is a different thing altogether. It's a dog eat dog world where making money off others IS the only motive, not making inventions to benefit the world. If all ...

Ok, Lets do it - Developing a Highly Profitable System