I just noticed that Oanda is now trying to take advantage of the recent CFTC profitability report as part of it's advertising campaign.

OANDA Discussion

Agreed, and my apologies for the attitude.

People say systems don't work (only pure price action does)

Using some indies can be useful whether some of you PA priests like it or not. For example, if you want to track/compare current market volatility, you can use an indicator that measures volatility and compare between different pairs/time frames, ...

People say systems don't work (only pure price action does)

Yes, absolutely.

People say systems don't work (only pure price action does)

Somebody who always bets against the trend is going to be right 50% of the time. Somebody who always bets with the trend is going to be right 50% of the time. Somebody who knows how to use his style (or mixture of styles) to correctly read the ...

People say systems don't work (only pure price action does)

No.

Who has become rich trading forex?

Nobody said it's the market. lol A candle/bar is a good way to show price movement in time, period. It's up to you to try to read past, recent, and current market conditions and estimate where it will be going next. That's a myth. Technical analysis ...

Ridiculous Trading Myths

People who say that probably don't even bother to read the terms/conditions of most br0kers. Edit: To be fair though, br0kers prohibiting/discouraging scalping is usually just a countermeasure against traders attempting to exploit different ...

Ridiculous Trading Myths

I was clearly talking about your average internet br0ker (market maker), not the big market participants such as Goldman Sachs and Deutsche Bank. Such br0kers are like a casino in many ways. They all have an order matching system where they pay the ...

Who has become rich trading forex?

I couldn't find that in any of the definitions of the word "gambling" from all different dictionaries/encyclopedias. Gambling: The act of playing for stakes in the hope of winning. Gambling is the of money or something of material value on an event ...

Ridiculous Trading Myths

There's no debate really. By "gambling", Mr J and I (and some others) simply mean risk taking. A gambler/trader/investor = a risk taker. A casino here is more like a br0ker/market maker. That said, socially speaking, the term "gambling" could be ...

Ridiculous Trading Myths

I come from a professional casino gambling background (albeit not poker) and I know exactly what you mean. It's where I got all of my probability/statistics education, and it's what eventually led me to the markets. Like Ed. Thorp said, "the ...

Ridiculous Trading Myths

I pretty much agree.

Ridiculous Trading Myths

If all your brokers are indeed MT4 brokers, then forget about macros and try what intelexence suggested first as it should be simpler. May I ask why would you want to do this? (feel free not to answer) The only reason I see myself doing this is if I ...

Multiple accounts management

Those aren't universities, they're casinos. If it's education you want, stay the hell away from those. Teach yourself some math (prob/statistics), some economics (supply/demand), some psychology, market nature and mechanics (e.g. why/how prices ...

Who has become rich trading forex?

Off the top of my head, I think order entry in multiple brokers simultaneously should be possible using macros. You might wanna look into those and either learn how to configure them to do what you need or get someone to set them up for you.

Multiple accounts management

lol very true. It's probably the reason I come here.

Let's be Honest

Actually "tick charts" are something different. They're basically normal bar/candle charts except they use a set number of "ticks" to move to the next bar instead of a time period. I see what you mean though, and I have no problem with normal charts ...

Let's be Honest

Yes, using charts and orderflow/tape reading. But then you have to remember that you're only a very small fish trying to follow the stream, you have to get that ego under control and never ever force your opinions on the market, and you have to ...

Ridiculous Trading Myths

Agreed, lol.

Ridiculous Trading Myths