Actually, I don't consider myself having nerves of steel trading this way, and I think a lot of that comes from day trading options. Trading 100 contracts at a time you actually make the floor traders take notice, especially trading the OEX. So the ...

Whats is the maximum leverage you use?

I trade 400:1 and if 1000:1 was offered, I would trade that in a heartbeat!! I think many people confuse leverage with risk....the amount of leverage that is used has no impact on whether it is a good trade or a bad trade. It just allows more buying ...

Whats is the maximum leverage you use?

I am convinced! This IS a zero sum concept. How could I have been so blind to think that I had a profitable system just because I was making lots of money with it?!?!.....How can I trade the same system now that my paradigm has shifted?...now that I ...

Is trading a zero sum game?

After seeing several threads and lots of time spent on this topic, I have to ask: Why does it matter? If everyone that believes it IS zero-sum is convinced it is NOT zero sum (or vice versa) by one of these threads, no one will suddenly stop ...

Is trading a zero sum game?

try cboe.com...........

Looking for information about options

Thursdays are typically when unemployment numbers come out, and they tend to shake things up a bit...might want to see if that is a factor, too.

The best way to trade is one trade a day

I certainly don't mean any disrespect, but that comment seems like one of those "perfect" lines that is never wrong......a person has been profitable for the last 3 years...obviously hasn't traded long enough. Wait, I meant 5 years....well, it won't ...

New study shows only 1% of traders are consistently successful

Here is something to consider: Go back to the demo on a 400:1 account (unfortunately it will have to be something other than GFT now) and trade the way you were trading. Get a decent screenshot program (SnagIT or something similar) and take a shot ...

Don't just make money...KEEP IT!

What has worked well for me the last several years is taking screenshots on several different timeframes every time I place a trade. (I use SnagIt, but any screenshot program should do okay). Anyway, this gives me a visual 'diary' of all my trades, ...

How to overcome "Hindsight Bias"?

After many painstaking minutes of research, I have came to the following conclusions: Over 95% of the traders losing money are spending over 75% of their time on forums. The 5% that are making money are only successful with 40% of their trades. Of ...

95% losers - Fact or Fiction?

What Antonioforex was attempting to do was clarify/respond to tjfxtrader's comment about the market making the same move on all charts. And it was a perfectly appropriate response. Perhaps over 3 days the market does go up on both a daily and a ...

Weekly and Monthly TF trading - Wow!

I have subscribed to streaming news, watched/listened to Bloomberg/MSNBC/Reuters and have real-time news on my platforms, but for something not scheduled well in advance (like unemployment numbers or housing starts), I ALWAYS see the charts react ...

Getting YOUR NEWS?

No disrespect intended, but trading is a techical skill, no more and no less. Perhaps 'edge' isn't the best word...maybe 'plan' will suffice. If you just randomly place trades with no thought process, no understanding of the market, but just HOPE ...

A trader's edge - myth or reality?

I use 400:1 now and if they offered it, I would take 1000:1 in a heartbeat!! I make a lot of money quickly the way I trade, and reducing the leverage to 10:1 would certainly take money out of my pocket!! I had to go to the UK to find 400:1 after ...

100:1 leverage will change.. speak out!!

If a person new to currency trading visited Forex Factory and only picked up one nugget of wisdom to help make them successful, the above quote would be it!! So many want to get into trading and just jump ahead and start making money and you can't ...

Making a living trading forex

Just to let you know, this thread is from 4 years ago....

How long can I use compounding?

Depends on what you mean by "..to see which way the market is going". The trend may be up on a daily chart but if I see a good trade moving down on the 10 minute chart, I won't hesitate a second to take it. You say you trade short time frames, so ...

The truth about trading

I will certainly give that a look, thanks! But I definately agree that there are ways to predict price movement enough to make a profit...I do it all the time, just for smaller pips and shorter time frames. Predicting price movement doesn't ...

The truth about trading

Jhig is absolutely correct. But you better be on your toes with this one, because it moves quickly. GBP/JPY is my number one choice, with EUR/JPY being a close second. But my short term trading is typically something less than an hour, so that may ...

Is Trading high spread pairs worthwhile for short term trading?

I predict there will always be people saying that nothing works because they have been unable to make anything work for them. For whatever reason, some think that talking in absolutes (never, always, can not, will not, etc.) make them appear smarter ...

The truth about trading