I have never traded with them, however, I can honestly say I have never heard a good thing. I used to listen to someone in Florida who has an "Internet Radio Program" about Forex, and who was also an IB for FXCM. I remember several times during the ...

FXCM MetaTrader 4 Launch Update

Seriously, don't make this part more difficult than it needs to be...... Base your "Jacko" trend reading off the weekly chart - it is normally pretty obvious. Don't waste a bunch of time looking for trends within trends - it will only lead you to ...

Defining a trend?!

Bill - You suck! I thought all I had to do was buy the Euro, and collect my money. I have to PLAN something? Ugh..... Back to the drawing board! Clockwork

Achievable Goals

There are plenty of "Forex Millionaires" to be found on the net. They are all selling systems. You can be the next one for just $399!

Point of this forum

What is a fallacy is this long convoluted thread. I use TA, and make profits every week. I also DO NOT AVERAGE DOWN. I can't believe this many people get talked into it. Amazing. I do however, wish all of you luck.....too dangerous for me. I will ...

Technical Analysis Fallacy

If there is anything I can do to help, please feel free to PM me. Clockwork *** THERE YOU GO.....HE MUST HAVE BEEN HERE AT THE SAME TIME I WAS! lol ***

Perplexed - year spent looking for system

FXCap - To be honest, Forex has taught me that most things in life are just noise.....why wouldn't trading "advice, articles, forums, etc." be any different? Once I understood this, a lot of things in life became easier. Too much is noise. The keys ...

Forex Scam

This is an absolutely brilliant post. However, I would clear just one part up: You are under capitalized. What I mean by that is that you have to be aware of percentages, and resist the temptation of trying to make $500 turn into a gold mine ...

Are micro and mini lots really worth it?

Really the only difference is the speed in which price moves. Asian moves can be a total of 20 pips on some nights. However, this is pretty much unheard of in Europe. Also, the currency pair will determine if Asians are trading it. If you ever want ...

What is the best time to trade Forex for a rookie?

Moe......did you lose a bet? Close to home though! Clockwork (of Columbus)

Trading...Yeah Right...

This kind of attitude will come to serve you well as time goes by. (And your account compounds over and over.) The only people getting 50% returns a month, every month.....are the ones in the commercials for the "newest" system! Clockwork

I hate forex - the truth about gains in Forex

I am not trying to be mean, but how do you expect to start a business on only $500? And if you do, do you expect it to return a living right away? A little far-fetched. I understand the under-capitalised part, I really do. And that's what keeps most ...

I hate forex - the truth about gains in Forex

Uh oh, I see trouble coming. — I am going to give my honest advice here: You are not ready to trade live. For some perspective: $5,000 starting balance. 10% (a conservative number based on above) gain a week. $710,214 your balance after a year ...

Are micro and mini lots really worth it?

Apoc, I apologize if I reacted harshly, as this post clears up your intentions. And, it also shows a certain amount of wisdom that unfortunately is lacking in so many people. Besides......Forex can beat you up enough, so I am more likely to at least ...

Trading...Yeah Right...

Spend the money on ForexTester. It's a great program, something like $100, and it's dynamite. I love my copy, although I figured out what I want to do.....so I don't use it anymore. ;-) Clockwork

Backtesting system with no EA?

Ok, fair enough.....but you are missing the point here. Take 4%/month for 10 years. Start with 500 USD, it turns into 59,000. Starting with 10,000, it's something like 1.2 million. Just a little perspective..... I would submit that focusing on the ...

Trading...Yeah Right...

The only correct answer: Who cares. It just "does". As for a strategy...I have seen a few, but I would say never go long on one, while shorting the other. The odds of doubling your losses is good. (Yes I know you can win too, but be safe.....you ...

EURUSD and USDCHF Correlation

Just focus on making more than losing. I know 10 pips doesn't seem like a lot to ask, but sometimes it is. Hey, I saw a SL of 500 and a TP of 10. Sounds a lot like StevieT's thread to me.

10 pips daily isn't enough?

Never take the opposite side of Clockwork's trades.

Advice Only. 1 Liners Concise.

NoBread - Instead of bashing you like Apoc did, I am going to actually contribute something. I was at the same point once, and I found it was the questions I started to ask myself then that changed everything for me. I am going to say that you ...

Trading...Yeah Right...