It's not just my opinion. Read this: url Read the section "Not beating the market"

Do You Know Any Millionaire or Multimillionaire Forex Traders?

Very good point. The retail flow of the whole FX market is just about 3-4% of the whole daily FX Flow. About 96% is NOT retail order flow. That's why it is always funny to read Storys about stop-hunting or "the market went against my position". The ...

Do You Know Any Millionaire or Multimillionaire Forex Traders?

Okay....... Better luck next time!

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Very true, i mean, if you are so successful why trade demo

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A % risk per trade is nonsense. Let's assume you risk 5% per trade. That does not gurarantee you will make money with it. It's crap 95% of the traders lose on a long-term basis, why should you become one of the 5% winning traders with a strategy ...

5% risk per trade?

I'm a seller

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Who's buying before the weekend?

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True... but what's the alternative?

Do You Know Any Millionaire or Multimillionaire Forex Traders?

I think that manipulation can be a reason why retailers lose, but it is not the main reason. I mean, if you own a brokerage, why should you manipulate? Your customers lose anyway, because the mathematical odds are against them.

Do You Know Any Millionaire or Multimillionaire Forex Traders?

Those are Investors, not traders, that is a completely different thing. It IS possible to become a millionaire with investing, there are examples like Warren Buffet. However, we are talking about trading here, not investing since 99% of the members ...

Do You Know Any Millionaire or Multimillionaire Forex Traders?

I never met anybody in 12+ years. Also keep in mind that from a pure mathematical perspective it is unlikely that you win that much money because the mathematical odds are against you. At the end, you can study charts, read fx news, or even use EA's ...

Do You Know Any Millionaire or Multimillionaire Forex Traders?

Would be cool... good to build more short positions.

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I hope it goes up, another good opportunity to load up short positions

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Tomorrow during unemployment news it could get very wild.....

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WOW... impressive results! That Thing works great. -53%. It seems to consistently produce 3% per week

18 Pips per Day (3% per week) Trading System

Interesting. What Comes to my mind in that regard is, with that setup, the retailer is at a big disadvantage. From a mathematical perspective, it is a big difference for the retailer if he gets a spread of 0.1/0.2 or 0.7/0.8. The higher the spread, ...

Prime of Prime Broker

The quotes do not have to match with the actual execution. For example, a MT4 Broker can display quotes from liquidity source A, but exectute trades on source B. Same with institutional brokers, I heard that most instituional brokers simply take ...

Buy/sell STOP uses a normal or level2 quote on ECN/STP?

EUR/USD seen at 0.95 in 12-month - Goldman Sachs: url

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Heavy selling!

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