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Magix replied Dec 13, 2009All are welcome. One of the things I learned about teaching, is that when you help others to understand, it helps to solidify the information with yourself, and that what you may miss, others may be able to help you out with, it really is win win ...
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Magix replied Dec 13, 2009Actually... Teaching the basics. But Thanks. I have chatted to the admin about a live stream Forex chat...if we get enough interest, will get it up and running.
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Magix replied Dec 13, 2009Going to be working with some traders live stream chat into the new year, so won't be around as much. In case I miss any of ya... Best wishes to you and yours in the Holiday Season.

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Magix replied Dec 13, 2009As a hobbiest, I play mini lots. $1 pip... Depending on the time that I have available to trade it is nice knowing where I have the best chance to succeed, as well as if the play goes against me, where I take my exit and never question the loss. I ...
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Magix replied Dec 13, 2009Having a goal is indeed one of the keys to money management. I know a couple of traders that will quit the day and quit the week once they have met goals. It really all depends on your level of play and the time you are willing to commit to market. ...
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Magix replied Dec 12, 2009Point taken. The thread here is based on daily trades by daily traders. Though not impossible for us to see a 500 pip in a day, the probability just isn't there. Where a lot of traders get lost is that they seem to think that if they see the words ...
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Magix replied Dec 12, 2009Well, I look at it like this, if you trade a 10 lot, and made 100 pips, that is 1,000, not 10k...but that's just what I can remember about grade 3 math. Overall, if I play 6 lots, I make 10 pips, it is per lot, that's a 60 pip gain. I don't find ...
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Magix replied Dec 12, 2009I don't want this to come out condescending, so will apologize in advance if it does. I have followed the forum and a lot of the traders for months...of a lot of the people that I have seen come and go, you seem to be one of the ones who has not ...
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Magix replied Dec 12, 2009I can appreciate a lot of what you say here...I have lost a lot of money playing with the guru's as well...The thing is, and something that you have unfortunately as well have learned as an expensive lesson is that the only way to be successful in ...
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Magix replied Dec 11, 2009For the fib fans or the people that follow my MTF thread... 15m chart with the fib 50 line right @ the 24SMA. Still a bear chart with a retrace from what I see, but this will be the tell tale. Place safe.
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Magix replied Dec 11, 2009The Daily.... Found support on the 200EMA....Given the current direction and negative indicators, I believe one more push and we cut through this like a hot knife through butter. Closing below this line today, will mean that we are in complete bear ...
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Magix replied Dec 11, 2009The bears are in control. 4hr resistance never breached with a confirmation candle...we are now looking for a long ride down, and as this begins a new cycle of downward swing, I wouldn't be trying to catch the falling knives, or using previous price ...
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Magix replied Dec 10, 2009No offense taken.... Almost everybody here knows I am as crazy as a s4it house rat.

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Magix replied Dec 10, 2009I am content with mediocrity.... I'm going to go pout now.

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Magix replied Dec 10, 2009Closed 1x2 lot here... Just in case...
Cut my losses...not going to sit like this for the next 4 hours... -2 Total on 4 lots...There shoulda been waaaaaaaaay more backslide.... Oh well... Back in a while. 
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Magix replied Dec 10, 2009I am not that good ehrek....yet heh.... Just a hobbiest mango.
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Magix replied Dec 10, 2009I like the platform for fxsolutions...single click buys n sells, fer a guy like me...I need to be quick on the trigger...but nice on the 4 spread. A lot of my trades are 2-6 lots, that'd make a huge difference in the bottom line. Currently, +90 on ...
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