Most of the charts in this thread are far too messy for me. I like cool and calm: image

Who's Got the Best Chart Colour Scheme

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Show your workstation!

I'm not quite sure how this would beat being in Europe in terms of timezone.

Best place in the world to trade from?

No worse than an actor becoming the President of the USA during the 80's.

Article: Intense competition makes it "basically idiotic to trade"

A scalper can have more opportunities in an hour than a swing trader will have in a couple of weeks. A scalper will use greater leverage since they're dealing with smaller moves. Either gives significantly greater turnover. I'm not suggesting that ...

Do you prefer scalping instead of long term? if yes with how much you want to start?

I didn't mention automation, I merely questioned the assertion that scalpers sit in front of the screen 8-10 hours a day. The gain per trade may be less, but the significantly greater turnover will more than make up for it. Per trade, it's a low ...

Do you prefer scalping instead of long term? if yes with how much you want to start?

Don't trade against your personality, even if it means not trading at all. This goes for your comments on timeframe and your emotions. I think you mentoined about taking a break if you're strung out. That may work in the shorterm, but the stress is ...

Help! Finding emotional aspects of trading very hard!

Scalping is pretty tough: - Significant expenses to overcome - Low margin for error - Requires fast decision making. Not the highest probability situation one can place themselves in. Since when does a scalper have to sit in front of a screen for ...

Do you prefer scalping instead of long term? if yes with how much you want to start?

And that is why they are losers. Cost of doing business. If buying them a Porsche is what it takes to by myself a Zonda, so be it. Forget "big players". The biggest participants are pools of dead money. It is these participants that sustain the ...

Are 48% of oandas accounts profitable?

There's plenty of apps for remote desktop control. Some are free, some not. I used Phone My PC as it's probably the easiest and most convenient to use, and the "best" free app didn't work for me. There don't seem to be many trading platforms as of ...

Currency Applications on the Android OS

The result in art is subjective, in trading it is not - we either profit or lose. Trading is more of a sport than an art, though I'm sure someone will come and suggest sport at a high level is an art. Let's stick to what the mainstream would ...

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

Ecology.

Bird is the word - 1 word trading advice

I didn't mention the trend, I mentioned the herd. And not always, but usually. That is, by definition, a contrarian. Why would I try it? It's a ludicrous suggestion given that I did not express interest in it, and in no way implied it was a good ...

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

And how did that contrarian get to that exit? By hanging with the herd. I'd define that as skill, rather than discipline. I don't think much of discpline because I don't need it - I either trade well, or I don't. I don't force myself to trade a ...

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

Except a proper contrarian tends to end up shit creek without a paddle. A sharp mind will jump between the two sides as it suits him or her. The best entry in trading is contrarian, but the best exit is made after running with the herd for some ...

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

The fact that the above is false only strengthens your point . Can systems work? Of course, every trader uses a system. Can a simple system work? Sure, but how well, and for how many? What is the discipline? We either choose to make good trades, ...

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

Looks like Jacko put a fair bit of effort into this - long time to be paid off. Then again, he probably had others running as well.

Jacko's Forex House of Pleasure and Pain

I won't comment on whether trading is gambling, but I will address some statements of those who think it is not. You think gamblers can't aim to find situations that give them positive expectancy? Which would be futile. The casino collects the ...

Ridiculous Trading Myths

Don't worry, I've done that debate a few times and have no intention of doing it again. That's just one way to look at my comment though. Another is that the approach of a sharp gambler and a skilled trader are going to be similar. Every sharp ...

Ridiculous Trading Myths

And I would say it doesn't matter. All a posted trade can do is help illustrate the theory behind the trade. A trade is nothing more than an entry and an exit. I prefer discussing concepts than trades. I think focusing too much on the trades of ...

Let's be Honest