I'd much rather be a sad sob in a mansion overlooking a bay with clear waters and white sands, surrounded with those tropical coconut palm trees with a large lawn, with indoor amenities that they do 4 page reviews about in magazines and have the ...

A "doable" way to take a $300 account to $1 million in 45 months

Yeah it's incredibly embarrassing, for them, some of the smartest brains working away analyzing stocks, commodities, bonds, entire economies, some of the best IT equipment...and about/over half of them are bogus...maybe I'm being too mean, perhaps ...

hedge funds trading performance information

The risk per trade aside, he does have a point that is always ridiculed as a pipe dream. Meager and consistent profits in trading with compounding can lead to great results that sound absurd. But in the end it can depend on something like 5pips a ...

A "doable" way to take a $300 account to $1 million in 45 months

Every single one of your posts is negative, like the poster above me, why on earth are you even spending time on a trading forum?

Who of you guys makes a living of Forex?

There is no way to properly calculate position size without a stop loss. Without a SL you saying 'risk 4%' is meaningless. You'll have to ask Alrente what his position size is or $per pip is. Let's say you use 4% of the 50k account as margin to open ...

Lots and Positions Size as a Percentage

This is how I feel about reading heaps of books on trading. I've read many myself and my personal opinion is that all the strategies taught are mediocre and the ones that actually are good require large accounts and are in no way intended for 'small ...

Noob needs to learn more - what books do I need?

The earnforex.com position size calculator indicator is very simple and easy to use and much better than doing it manually!

Lots and Positions Size as a Percentage

You won't be able to get some flat answers, because hedge funds aren't very public with performances, and are not required to publish anything especially to any central repository, and really only report summaries to industry journals like Bloomberg ...

hedge funds trading performance information

Oh yeah forgot about that deposit bonus, you get charged 3% on an international cc deposit but they'll bonus your deposit by 10%, that surely makes up for the fees.

GoMarkets Discussion

Position sizing requirements: Account size = 50,000 units Account Currency = x? Risk = 4% Stop Loss = x? Pair = x? For example: Account is in GBP, SL is 40pips, pair is EUR/USD (base currency/quote currency): Account currency pip value = ...

Lots and Positions Size as a Percentage

I think all the brokers charge an international credit card transaction fee, something about the banks conversion fees. GoM isn't the only one, Pepperstone, Axi, FxPro, Vantage, FXCMau, they all have credit card fees that you may incur depending on ...

GoMarkets Discussion

Increasing position size after a loss = martingale Increasing position size after a win = anti-martingale

Doubling up is martingale?

He asked about a trading platform and you reply by talking about some nintendo game that is of zero relevance to his question... and then you expect a reply? There was no helpful reply to his question, so no further posting, then two years later you ...

Any experience with Genesis Trade Navigator?

Ah yes, of course I'm wrong, brokers especially market makers never ever have any desire to screw over any accounts and every single person including lightrain here with thoughts of stop hunting even 'to the pip' are simply mistaken, and every ...

Stop-Hunting Question

You're aware of how fx pricing works then? Then you'd know that retail brokers can not always show prices quoted on EBS and Reuters 3000, and all discrepancies come down to who exactly is in the brokers' LP and what the broker decides to do in house ...

Stop-Hunting Question

That I totally get, the aggregate wins and losses, like a never ending poker game. I just disagree with the idea that for closed trade in loss, the counterparty is the taker of the loss (even though they weren't the opening counterparty), but rather ...

Who gets the money from a loss trade?

But you weren't the first one who sold the house to the seller in the first place to buy back at a later devalued date, the opening and closing counter parties are different. Imagine a smooth trend on a currency pair, it can have many buyers that ...

Who gets the money from a loss trade?

Pfft I'm not going to spend my time doing that...Are you aware that there is no centralized exchange for forex? So there is no set in stone standard price that can be used to compare an individual brokers feed to it's clients. Prices brokers quote ...

Stop-Hunting Question

Because the MT4 program was designed for market makers with the ability to fully control the trading parameters, the company that made MT4 offers with it the Virtual Dealer plugin that allows this control. The things they can control are spread ...

Stop-Hunting Question

If your broker took the other side of your trade and you lose, then your broker gets your loss, the broker is the counterpart at the opening and closing of the trade. But if your order is routed to the market and you lose, there isn't some ...

Who gets the money from a loss trade?