Like most traders in these message boards, you have no understanding of the probability and statistics of a zero-sum game. The green is a copy of a post of mine from another thread summing up my thoughts on those reports: 1) The distribution of ...

Thoughts on 50:1 Leverage

Actually it's you who should elaborate. Back up your assumption with facts and then we'll talk. For example: Why do you think the 'average risk per trade' for Oanda's trader population is lower than other brökers (as a result of having a little ...

Thoughts on 50:1 Leverage

lol Not true.

Thoughts on 50:1 Leverage

Welcome to retail-level internet trading everybody. You'll find NO bröker with 0 problems. I like oanda for sure, but if I had a 6-7 figure I would most probably trade with IB.

OANDA Discussion

Indeed. I'm 100% sure that some of the biggest hedge funds use consistently profitable trading algorithms developed by their research departments, and are -of course- kept secret. When I said this here, they "LOL'ed" at me.

Trading is an Art

Agreed guys. Higher time frames have the advantage of giving the trader better odds, many pros tend to use them. I don't want to advertise, but truth be told, Oanda is so far THE best market maker out their, you won't find a better deal. But as I ...

OANDA Discussion

If everybody believed and acted upon that, something tells me the world would be a better place.

Malaysia central bank states Forex is illegal

lol, forex conspiracy theories. In case you haven't noticed, you as a 21th century retail trader have things available to you that were never available to any of the traders of the past. You have market prices fed to you in real time, refreshed ...

Misdirections in retail trading / mt4

Ok I just looked at the date of the original post. lol

Is it Possible to Make Money in Forex Market

1. Yes, if you're a bröker, or have your investment managed by a consistently profitable trader, or are a consistently profitable trader yourself (hardest one). 2. Most real pros (not forum pros, lol) that I know, it took them about 5 to 10 years, ...

Is it Possible to Make Money in Forex Market

Indeed again. Nice avatar by the way. lol

OANDA Discussion

Indeed. I've had people call me crazy for risking more than 1% (and advocating high leverage as something good to have available). To them, it doesn't matter what my expectancy is, it doesn't matter that risk should be a function of your edge (a low ...

OANDA Discussion

Yeah but that doesn't take into account your SL size, only your account balance.

OANDA Discussion

Not that I know of. You can select the default position size in % of your account, but it doesn't take into account the stop loss. Woulda been nice to not have to use a spreadsheet every time to calculate position size based on stop loss, but ...

OANDA Discussion

I just came to realize Oanda isn't the only one to provide trading in number of units (as opposed to lots). The currenex platform provides that too.

OANDA Discussion

You people need to cut on the wishful thinking and have some commonsense. I am sure that the percentage of people who actually live off of forex trading is even smaller than 5%. But when we talk about the number of profitable accounts within a ...

The 5% success myth busted by CFTC

jagui, Thanks for the explanation. I agree with you. Good trading to you.

OANDA Discussion

Thanks georgem. Btw, regarding recent leverage regulations, I just read this on Oanda's website: url I admire their position on this.

OANDA Discussion

Yes. You as a retail trader are not really "trading currencies" but speculating on the relative value of currencies.

Malaysia central bank states Forex is illegal

Ah I see.

OANDA Discussion