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Jacko's Forex House of Pleasure and Pain
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Apr 26, 2007 12:08pm
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Jacko's Forex House of Pleasure and Pain
Hello,
I have received a very small number of PMs and emails regarding how I trade.
Also a number of people were saying that my posts were all over the forum and that it would be nice if they were all put in one area,so I will try to consolidate everything into one rather condensed thread.
Last edited by jacko, Apr 26, 2007 1:41pm
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Apr 26, 2007 12:18pm
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Why Do I trade Forex
Why do I trade Forex?
Because I am ABSOLUTELY CONVINCED that this is the best "business" in the world.
There are:
1. no rent of offices (that is, NO dealing with Realtors, Lawyers, and government departments...man, what a pain in the ass). Also no office fit-out costs
2. no staff, (man, unless you have had large numbers of staff depending on YOU for their paypacket each week, you cannot know what a huge pain in the ass it is. They ALL want you to solve their problems)
3. No inventory or stock to buy. No shrinkage (theft of stock) and no "slow moving" items. No massive amount of funds tied up in inventory
4. You can "borrow" as much as you want (by increasing your leverage), WHENEVER you want. (Try running a big business and going to the bank for a short term loan for $10 mill...it will take a month minimum). I am trading $10-12 mill all the time and I get it instantly through the brokers by the use of leverage.
5. If the business becomes a hassle for whatever reason, you can shut it down (that is, close all positions) instantly...and re-open (initiate new positions) whenever YOU want to re-open your "business."
6. You can "scale" your business to whatever size YOU want simply by increasing/decreasing your positions.
7. Absolutely minimal paperwork. Simply send your 12 month summary Profit and Loss Statement to your Financial Accountant for tax payment purposes.
8. You can trade from anywhere in the world. My wife and I travel most of the year. (take your laptop or PDA or whatever else they will come up with and trade while sipping a nice drink as close by as your local cafe or as far as some open air cafe in some remote little town in beautiful Italy while you watch a bocce match at the park.)
I could keep telling you more of the benefits of this business, but suffice to say...this is the best "business" in the world. I run a multi-multimillion dollar business from my laptop.
And did I mention that it was exciting and fun????
What are the disadvantages of this "business" of trading Forex?
For me there are none. I am old (early 50s), retired, financially well-off and experienced (20+years) in trading shares property and commodities. I have also had much experience in business (haing sold two businesses for substantial amounts of money) Even though I trade large volumes, the financial risk at the margin is relatively small. Also, I have had extraordinarily good luck in this market and have made a significant sum of money in the last twelve months ( so I am now playing with the Forex casino's money).
For many of you, the situation may be different. You are probably young, working, keen to make a lot of money and inexperienced. That is a dangerous combination.
Most young traders here all suffer from the basic same problems.
1.There is a tendency for newbies to " PANIC" when the market goes a little against them This is due to:
a. Probably scared to lose money
b. Probably undercapitalised
c. New to industry....therefore probably uncertain about your own abilities
d. Unsure that the trend lines, 50% Fib line and "round numbers" are as reliable as they are in practice.
e. Probably inexperienced in business and investment from a practical aspect
f. Probably unsure who to talk to for guidance
2. The second problem is that they are all looking for the "Holy Grail" There is no "mechanical system" that is a "Holy Grail"...I have been watching the contortions of a trader here who is trying to prove that Elliott Wave is the answer... BS !
However, let me tell you a secret... there is a "Holy Grail". Every time you look in the mirror, you will see it. It is you.
3. The thing that kills new traders is the "wild punting" on everything that moves two ticks.
4. stop thinking that you have to "outsmart" the market.
You don't have to..this business is very easy if you leave your brain at the door.... just follow the trend = follow the money =going with the flow = barking with the big dogs.
Stop thinking that "it can't be that easy".......it is!!!
5, you have to detach yourself emotionally from the money...that is the hard part... stop seeing it as money, and look at it as numbers.
Also, don't play with money you can't afford to lose...or alternatively, put the money aside and tell yourself that it is already lost. (You MUST detach yourself from the money
6. And remember, Leverage can make you a fortune...but leverage will kill you quicker than you think..!!
Finally, I am not saying anything different to what all the good trading books say...but it is amazing that every newbie wants to "take on" the market and then wonders which express freight train flattened them (and destroyed their trading accounts).
Most people are trading for the adrenaline rush rather than the boring concept of just maximising profits.
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Apr 26, 2007 12:30pm
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Who Am I ??
Who am I ??
I started trading Forex about a year ago. Have traded futures for much longer (15+ years?).
Started a trading journal at DailyFX in Feb 2006.( ONLY FOR PEOPLE IN LIVE TRADES-Jacko's Pleasure and Pain conversations).
http://www.learncurrencytrading.com/...ead.php?t=2373
Lost interest there when a lot of young aggressive newbies came in.
This seems a more rational forum.
On that Forum I traded live time for about six months and, as was seen by all who followed those trades, was very successful in my trading. If you have read that journal, you will know that it was "live time trading" and there was no possibility of any B.S. because I (and others) were all posting as we traded. If we had tried to B.S. then everyone would have jumped on us. Initially, I started with very small numbers of standard lots, but as I started to make very serious money, I stepped up my trading volumes and eventually found my ideal comfort level. I am still trading those large lot numbers.
I trade a little differently now than in my original trading pattern. I trade longer term, and trade on average only about twice a week. Less stressful, more profitable.
I am an American who now resides in Asia. I am amazed and angry at how stupid our Government and businesses has been.
I watch, almost on a daily basis, the growth of the Asian economies and realised some time ago that ole George and his recent predecessors have squandered the enormous wealth of America on foolish follies.
China will overtake the US as a world manufacturing economic power sooner than everyone expects.
Last edited by jacko, Apr 26, 2007 12:57pm
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Apr 26, 2007 12:46pm
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Trend Trading.
I am a Trend Trader
EVERYONE SHOULD TEST OUT THIS VERY UNUSUAL AND RARELY USED STRATEGY;
1. buy/ sell ONLY in the direction of the major trend and
2. buy/sell on dips.(Use support lines to guide you as to price...also "round" numbers ... I also use the 50% Fib ratio..)
3. bank your profits
Firstly, how do you know what the trend is?
DETERMINE THE TIME FRAME THAT YOU WANT TO TRADE.
1. If the graph on the chart starts in the bottom left hand corner and ends in the top right hand corner, the market is going UP.
2. If the graph on the chart starts in the top left hand corner and ends in the bottom right hand corner, the market is going DOWN.
3. If you are still confused, print it off and show it to a 5 year old...they will get it right EVERY time...LOL
The trend is the BEST friend you will ever have in the Forex market.
When you trade with the trend, even if you make a mistake, the market will get you out of your problem....If you make a mistake and you are fighting the trend ...YOU ARE STUFFED, BIG TIME !!!
Secondly,I think the round numbers (1.2900...1.3000...etc) are valuable. I only use minimal numbers of trend lines and the ONLY Fibonacci number I use is the 50% number....
That's the limit of my T/A...
KISS = Keep It Short and Simple
Note: I do NOT use any moving averages (or any other of the fancy measures). They are historical numbers!!!
The reasons that I use only Round numbers, trend lines, and the 50% Fib number is that the big players ALL use them. The more complex you make your trading parameters, the less number of people will be using them.
Forex is one of the most "trendy" markets. That is, it trends MUCH stronger than say metals, oils etc in futures markets. The pair that are the strongest "trend" market is the Euro/USD. Trending markets are soooo much easier to trade than choppy, volatile and erratic markets
Thirdly, Slow down... this market will be here for the rest of your life...
DON'T BET YOUR BANK...
It is better to get rich slowly...than to go broke spectacularly fast.
Fourthly, A much wiser man than me once said that "If you find yourself in a deep hole, then stop digging"
Do NOT throw good money after bad money...stop and accept the loss... then clear you head so that you can see more clearly...
You should either
1. Close out the trade, and let the market go up/down....but after the market starts to retrace, then put your "short"/"long" position back on at exactly where you closed it out. This ensures that you get back into the trade on the way down (the Jacko "alternative method" to hedging) or
2. Close the position and take the loss. Then look at getting back into a "good" trade next time. This market will be here long after you and I will be dead, so there is no need to rush in and try to get all your money back in one day.
Fifthly, the is a tendency for newbies to "PANIC" when the market goes a little against them This is due to:
1. Probably scared to lose money
2. Probably undercapitalised
3. New to industry....therefore probably uncertain about your own abilities
4. Unsure that the trend lines, 50% Fib line and "round numbers" are as reliable as they are in practice.
4. Probably inexperienced in business and investment from a practical aspect
5. Probably unsure who to talk to for guidance
There is a solution to all the above...... It is called "old age"........LOL
Finally, you ask why I prefer to use the longer term trades. The answer is that the shorter the time period, the more you are gambling and punting on tiny movements. The smaller the time frame, the less they will follow the trend lines, Fib numbers and "round number" rules.
The longer the time frame, the stronger will be the trend lines etc
Also, short term trading is emotionally much more draining.
Just some additional little things that I have remembered that may be of assistance to anyone looking to position trade:
Firstly, don't over-trade. Some people here seem to want to bet on every tic. The thing that kills new traders is the "wild punting" on everything that moves two ticks.
Secondly, stop thinking that you have to "outsmart" the market.
You don't have to..this business is very easy if you leave your brain at the door....just follow the trend = follow the money =going with the flow = barking with the big dogs.
Stop thinking that "it can't be that easy".......it is!!!
Thirdly,, you have to detach yourself emotionally from the money...that is the hard part...stop seeing it as money, and look at it as numbers.
Also, don't play with money you can't afford to lose...or alternatively, put the money aside and tell yourself that it is already lost. (You MUST detach yourself from the money
Finally, I am not saying anything different to what all the good trading books say...but it is amazing that every newbie wants to "take on" the market and then wonders which express freight train flattened them (and destroyed their trading accounts).
Most people are trading for the adrenaline rush rather than the boring concept of just maximising profits
The Forexmarkets are arguably the most "trendy" market there is, especially the Euro.
Once a trend is in place, it takes a lot of power to reverse it. Take a look at the weekly charts. This current "long" started back in early Dec 2005 at approx 1.1650. (nearly 1700 pips from where it is now) It had a relatively "minor" correction from approx 1.3000 to 1.2500 before continuing on to where it is today.
Even more strong evidence for the power of the trend is that the above "long" is part of an even stronger "long" from 0.8363 from July 2001.
Price does not like support or resistance levels. It mostly tests them and then moves away quickly. You’ll rarely find much price action in the vicinity of the line. If price is hanging around a support or resistance level, it’s likely to break in the opposite direction.
(For example we know that professional traders love round numbers to target...it brightens up their dull day to push and cajole the market to a target number. Now Euro/USD 1.3000 is the roundest number there is around those levels, so the pros have gotta be saying that the big game in the industry is to now grind and push the market to 1.3000. After that they don't care, they have had their fun...and thats why a market will whip and drop/rise dramatically straight after the target has been hit).
Smart Money is the Central Banks. They actually determine the trend by sheer weight of money. (Central Banks turn the long term currency markets to accomodate the relevant government's trade requirements). Then following them are the huge hedge funds.
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Last edited by jacko, Apr 26, 2007 2:30pm
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Apr 26, 2007 12:56pm
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An Alternative to Hedging. Jacko's Anti-Hedging Strategy
This strategy was invented by me as an alternative to "hedging" which was often discussed on Forums as a panacea to a losing trade.
"Hedging " to me is simply hiding a loss under another opposite trade...and sooner or later, when the hedge comes off, there is an ugly loss exposed...I don't like that concept !!! (However, to those who use them, I say, different strokes for different folks...that is, its a personal choice).
Currently, this is what seems to happen to some Traders...
1. you put a trade on and you put a stop loss of around 40- 50 pips
2. the market goes against you (horrors....I was wwwwwrong !! )
3. let the market continue...it will probably go say another 30 - 100 pips past your stop...who knows ???
4. FINALLY, the market comes back around and starts to head in the opposite direction
5. by now you are totally hacked off with the market and you let it go
The solution that that I found is a pretty simple one but one that has to be executed without fail...
Scenario 2
That strategy is:
1. you put a trade on and you put a stop loss of around 40- 50 pips
2. the market goes against you (horrors....I was wwwwwrong !! )
3. let the market continue...it will probably go say another 30 - 100 pips past your stop...who knows ???
4. PUT AN ORDER IN AT THE EXACT SAME FIGURE AS YOUR STOP LOSS (if you were originally "short" then place a "short" order) This ensures that when the market comes back, as it invariably does, you have a DEFINATE order in place to put you back in the market where you were originally...and you are now in the same direction as the market is moving..
5. FINALLY, the market comes back around and starts to head in the opposite direction
6. The market picks you back up on its new direction
7. THE ADVANTAGES OF THIS (THEORETICAL) STRATEGY IS THAT
a. IT HAS AN EFFECTIVE AND DISCIPLINED COURSE OF ACTION
b. IT GIVES YOU A SPECIFIC "ENTRY" POINT
c. IT REDUCES LARGE DRAWDOWNS
d. IT PUTS YOU BACK IN THE MARKET EXACTLY WHERE YOU GOT OUT
I know that there are DISADVANTAGES with this strategy, buy I think that the overall effect of the advantages outweigh the disadvantages.
I also think that this strategy is more appealing to my business sense of minimising risk than the original concept of "hedging" that initially set me off to discover an alternative strategy to hedging.
I have now been using this strategy for a couple of months and it is working brilliantly.
PLEASE NOTE: I am a medium to long term trend trader. The above method works best on those time frames. It works less well on short term time frames because of the volatile "noise" in the market.
When a stop loss has been triggered, I allow it to go past my SL by a minimum of 50 pips before I set the new order.
When the market has turned and is coming down in the "trend" direction, my order is then opened.
Try it...you will be surprised how good it is.
The key advantage is that you are not tempted to "hang on" to a losing trade....and therefore your drawdowns are minimised.
However this is a "default" trade. It is NOT the prime strategy to use.
DO NOT LOSE SIGHT THAT the prime strategy is to trade medium/ long term and trade with the trend, with a trailing stop.
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Apr 26, 2007 1:01pm
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Timeframes for Determining The Trend
Time frames (for me) as a Trend Trader
I start with weekly, then move closer in using daily, 4 hour and 1 hour to help me make a decision. Less than 4 hours tends to be "noise" rather than a "trend". They are the "sucker" rallies and declines.
PS Don't be the sucker...
But I am also starting to notice that it doesn't really matter anymore where I buy or sell.
The anti-hedging strategy is FAR, FAR, FAR more important.
The anti-hedging strategy ensures that,... if you make a trade in the wrong direction,.... you can get your losses back ...AND you are in the direction of the trend.
Stick a trailing stop loss on it and you are guaranteed a profit.
So...
1. If your trade is a winner, you stick a trailing stop loss on it and let it run.
2. If your trade is a loser, employ the anti-hedging strategy, and at some time, you can get your losses back ...AND you are in the direction of the trend. Stick a trailing stop loss on it and let it run.
K.I.S.S. (keep it short and simple)
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Last edited by jacko, Apr 26, 2007 2:03pm
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Apr 26, 2007 1:07pm
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An Opinion on "Trading the News"
In my opinion,
You have NO chance trying to trade the news (buy or sell as soon as the news is released)...the dealers will ALWAYS be in front of you. (you need a broker too that won't play unfair tricks during those high volatility times, those tricks include freezing the platform, some will widen the spread way too much, others will get you filled way to far from the price you wanted to).
Whichever broker you trade with, you are trading through their platform. Consequently, their brokers will therefore have an advantage over you.
To think otherwise is naive.
They are taking the other side of the trade (which they must in "trading the news" because they don't have time to spread their risk), and they will fight tooth and nail not to give away a business advantage to any trader. That's why they are doing all the things (plus much more) outlined above.
Its like poker, if you look around the room and can't see the patsy, then YOU are the patsy. The faster / shorter time frames that you try to play in this business the more you are at a disadvantage. Retail traders trading the news are like fish swimming with hungry sharks in blood-filled water.
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Apr 26, 2007 1:20pm
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Results
Aaagghh...the bit everone wants to know..the results.
Prior to March 2006
Until early March 2006, I was a RABID "short". I was vociferous about going "short" because the Forex Express was definitely a South bound Express.
When I look back through my earlier posts on that Forum (DailyFX), I was really quite rude...but still...I was making money and others were losing money...so I was just trying to help.
On March 29, 2006
Below is a copy of a thread from the only other Forum of which I have been a member. (I haven't posted there for ages...too many loopies were hanging around...)
It is dated EXACTLY one year ago on March 29 2006. See Post 5305
http://www.learncurrencytrading.com/...=2373&page=354
Quote:
Quote:
My opinion...for what it is worth...
We are the start ...(actually, the turning point was November 15 2005)...
of a major bull run in the Euro that may continue for maybe 1 or 2 glorious years.
The strategy is not difficult...buy and hold...then buy some more...then buy some more...
No need to over-leverage...
I seriously doubt that we will see under 1.2000 again in the near future unless there is a major disaster /calamity/new war etc
I personally won't be shorting this market again. It is not worth the pain of betting against the trend...
I will also be trading from the longer term view from now on...I am seriously loaded with "longs" from the low 1.2000's and will probably just buy more every time the market goes up 100 pips.
So I won't be making too many comments here in the future...but I will be watching with interest
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On April 25 2006
Below is a copy of a thread from DailyFX It is dated EXACTLY one year ago on April 25 2006. (See Post 11079) regarding my long term "guess" on where the market was going.
http://www.learncurrencytrading.com/...3666#post92696
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Quote:
I think that this market is going to go vertical in the next few days...it appears that everyone is just recognising the fundamental shift in the world economy from US dollars to Euros.
Reasons are that interest rates in Europe will be bigger and more frequent than in US...Huge US deficit..etc, etc
I am looking to 1.3666 within 12 months...and then it will continue on higher
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It was followed a couple of days later by this post (post 11670).
PLEASE NOTE: This was posted 12 months ago
Quote:
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I am currently working my trades on the basis that there has been a seismic shift in the perception of the USD.
The Euro currency will soon retrace, but the retracement will not be as big as everyone expects...Everyone still thinks that it (perceptions) will all quickly go back to the way it was a week ago. However...
1. Europe has effectively told the world that it will have more interest rate rises than the US ...and the rises will be bigger....
2. Ben Bernake yesterday just agreed with Europe
3. The Arabs/ Swedes/ etc etc will not sell their massive holdings of Euros that they have just bought (and are still buying) to get back into US dollars.
4. The enormous US deficit will not disappear. China effectively told ole George W last week to get stuffed and that they would not change their currency peg. (Read: China will continue to flood the market with cheap goods and slowly strangle US businesses).
5. After the fall of the communist regimes, Europe is now finally getting its act together
6. The Iraqi war is another Vietnam and will continue to suck money.
Without wanting to be an ass, a couple of days ago (prior to the rapid rise) I said
Quote:
Quote:
I think that this market is going to go vertical in the next few days...it appears that everyone is just recognising the fundamental shift in the world economy from US dollars to Euros.
Reasons are that interest rates in Europe will be bigger and more frequent than in US...Huge US deficit..etc, etc
I am looking to 1.3666 within 12 months...and then it will continue on higher
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I think that we need a new mental shift to a continuing weaker US dollar for at least a couple of years. (This does not mean that every time the Euro drops 100 pips or so, that all the smart asses can say that Jacko got it wrong...it is a general observation on which I am basing my trades for the present)
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Apr 26, 2007 1:35pm
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A little "brag"
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Apr 26, 2007 1:59pm
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The House is open.
The House is open.
If you have any questions, feel free to ask...
If I don't want to answer....well, then I won't !!! 
If I haven't answered, its probably because I haven't seen it or, more likely, I am ignoring the question (so please don't ask it twice) .
However, please read the above posts so that I don't need to repeat myself endlessly. (I am NOT your mother, so I expect you to do some work BEFORE asking me questions).
Also, everyone who is truly interested in Forex should read as widely as possible. I have recently read some excellent books. I have highlighted the salient points:
Jesse Livermore: The Worlds Greatest Stock Trader by Richard Smitten
1. Don't Lose money
2. Always Establish a Stop
3. Keep Cash in reserve
4. Let the (Successful) Position ride...until you have a Clear Reason to Sell.
5 Take the Profits in cash...and place 50% in a separate account
Lessons From the Greatest Stock Traders of all Time by John Boik
1. Trade with the Trend
2. Cut Losses short
3. Let Profits run
4. Manage Risk
How Legendary Traders made Millions by John Boik
1. Understand the General Trend of the market
2. Use the Knowledge of History in your Study and Observation of the Markets
3. Use your Own Research and Don't Listen to Others
4. Buy the Leaders
5. Buy only on Breakouts and Use a Pyramiding Strategy to add to those Winners
6 Cut Your Losses short
7. Hold on to your Winning Positions until Classic Sell Signals tell you to unload your Positions
NOTE: In asking any questions, remember to please allow for time differences.
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Last edited by jacko, Apr 26, 2007 2:23pm
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Apr 27, 2007 9:57am
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Quote:
Originally Posted by winterwhite
`
Jacko:
I began Forex trading in December. I now have
approximately $5,000 in my account. I really
do not know how to apply your methods
using this small amount. What is your
recommendation? Any help you can give
is very much appreciated.
Thank you for stating in your posts that you
are only trying to help others.
I look forward to your answer.
Thank you
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Winterwhite,
I am sorry but would think that $5000 was too small to play. Maybe use mini accounts?? (I don't even know how they work though).
The issue is that you are undercapitalised. You need to rectify that problem.
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Apr 27, 2007 10:03am
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Quote:
Originally Posted by smjones
Jacko pretty much only trades EURUSD. He looked at GBPUSD, but decided he did not like the action... That was as of a week or so ago...
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Recently started "playing" with the GBP/Usd for a bit of additional interest. It tends to be 3X more volatile in the short term than the eur. Also tends to be less "trend"y.
However, in the longer term, it mirrors the Euro.
The question therefore arises: why play with a more volatile currency (GBP) with all that extra drama if it eventually ends up at the same place as the less volatile currency (Euro) at the end of the time period?
Volatile = erratic
Would not recommend it...stick with Euro. (Just my opinion) |
Apr 27, 2007 10:06am
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Quote:
Originally Posted by cgldsmth
love this thread, keep it up Jacko
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BeachBum, cgldsmth and Shreem,
Thank you for your kind words.
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Apr 27, 2007 10:15am
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Quote:
Originally Posted by libertao
I was starting to dig into your post history, thanks for consolidating this!
Do you pay attention to the long term S/R lines? I.e. would today definately be a day you would not employ your strategy of buying the Euro?
(sorry for the bad quality, was difficult to fit in 3/04-present in 600x600)
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libertao,
Wrong....I was happy to buy in at 1.3600. (I consider "round" numbers, most important)
The resistance is 1.3666, but I consider that the "long" trend is far from over.
I see no reason at the moment to believe that the bull market trend from January 2002 (that is over 5 years or 1800 days) is about to finish TODAY.
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Apr 27, 2007 10:18am
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Quote:
Originally Posted by dunningduke
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dunningduke,
You understand !! From your answer above, you now know how it works.
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Apr 27, 2007 10:22am
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Quote:
Originally Posted by Westie
If I can try answer jacko for you, and if i'm wrong jacko can correct me.
I believe from reading his posts he would wait for a 50% retrace of this big move up and start taking longs at around my 50% mark on this chart,
just an example, you could obviously take the fib measurement from different levels, but i would say jacko would take longs if it reached my 50% mark.
Btw , I luv your posts jacko.
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Westie,
You are correct. But as can be seen, the 50% retracement is a long way from where the market is now.
I am therefore using the "round" numbers option ( and to a lesser extent, my trend lines) of my 3 methods.
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Apr 27, 2007 10:26am
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Quote:
Originally Posted by newbietrader101
Excellent, Jacko
To all newbies. Read EVERTHING Jacko writes. See here. http://www.forexfactory.com/showthread.php?t=13081
Then here
http://www.forexfactory.com/showthread.php?t=22535
I cant tell you the exact figures but his
his trading system is HUGELY profitable,
in terms of percentage returns on capital per time period is VERY LARGE,
percentage of winning trades is VERY HIGH,
average reward / risk ratio is I DONT KNOW,
risk factor is I DONT KNOW,
duration of trades is ABOUT A WEEK TO 10 DAYS,
frequency of trading opportunities is ABOUT ONE OR TWO A WEEK TO 10 DAYS, etc.
Also, what is the method he has successfully employed to make high returns on capital is TREND TRADING, and
how can we verify these claims is EITHER ASK HIM OR GO TO ANOTHER FORUM - DAILYFX- WHERE I FIRST SAW HIM TRADING LIVE AS HE TRADED AND MADE ABOUT $500K IN ABOUT 8 MONTHS and
learn the successful method that he employs is IN HIS POSTS HERE AND AT THE OTHER FORUM.
Jacko is a HUGELY successful trader. I know becos I have met him and seen all his trading account statements. I have also met one of his former account brokers who now trades with him and he confirmed that he is a freakish trader.
iT IS MY GREAT PLEASURE TO HAVE MET HIM.
Thanks again Jacko for everything |
Hi Newbie,
Will call you early next week to catch up on your progress over the last couple of weeks.
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Apr 27, 2007 10:34am
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Quote:
Originally Posted by skyline
Thx a lot Jacko for helping us to become better trader ! 
I'm trying to understand your point about the 50% fibo , trendlines, and so on and right now I'm a little bit confused when enter the market and when exit following your trading plan.
Here's actually how I can see the EURUSD
where you can see the fibo lines from recent low occured at 12 Jan 2007 to higher high occured at 25 Apr 2007, then I draw the trendline.
Now price seems to be going down through the trendline, so your plan at this time should be to wait for a 50% retracement and buy when price will go around 1.3266 ? Another thing is that now price is around 1.3600 (an important round number as you said), how this have to be taken in account ? |
Skyline,
What didn't you like about 1.3600 ? Just keep a 50 pip trailing stop.
Go and REALLY try to fully understand the anti hedging process.
As i said above, in post 6
Quote:
But I am also starting to notice that it doesn't really matter anymore where I buy or sell.
The anti-hedging strategy is FAR, FAR, FAR more important.
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Last edited by Isotonic, Apr 27, 2007 12:42pm
Reason: edited out repeat image
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Apr 27, 2007 10:40am
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Quote:
Originally Posted by Porkpie
Jacko,
...........
Your stop loss policy has enlightened me greatly, and yet so simple.
My question is this, how much reliance do you give for fundamentals and where do you take profits??
Peter
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50 pip trailing stop.....how much easier does it get?
I don't need to think, the stops get me out.
Fundamentals are for understanding the "big Picture", but charts are used for trading.
I am a longer term trader than most traders here and so I am more "fundamentals-aware" lately. I suppose I just want to know why a market is trending in a certain direction
The longer the time frame, the more you need to be aware of the fundamentals... but I always trade off the charts.
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Last edited by jacko, Apr 27, 2007 11:05am
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Apr 27, 2007 10:43am
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Quote:
Originally Posted by sopier
This is my monthly USD/CHF chart, what's your opinion Jacko?
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sopier
I don't have an opinion. I have never traded it and I have looked at this pair probably 5 times in my life.
What don't you like about the Euro/USD pair?
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Last edited by Isotonic, Apr 27, 2007 12:40pm
Reason: edited out repeat image
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Apr 27, 2007 10:57am
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Quote:
Originally Posted by shreem
Hello Jacko and all, the idea to follow the overall trend coupled with an entry near round number with a 50 pips stop loss is certainely the most brillant idea that I have seen since long time.
since last night, I had an order for buy at 1.3602 and I am now more rich of 40 pips which is nothing compare to the overall trend but is it is a start.
My problem is that I am really undercapitalized and this create troube on my emotion.
One way that I have found to help sort out this problem is to use the 50pips stop loss Euro on the basis that this stop loss is not worth more than 3% of my total capital.
In this way, I can more easily breathe in my trades
Again Dear Jacko, very much appreciate your teaching which are TRULY GOLDEN WORDS OF WISDOM. They are worth everything for me and I am very happy to have cross your path.
good trading to all
Sincerly
shreem  |
shreem,
Quote:
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I am now more rich of 40 pips which is nothing compare to the overall trend but is it is a start
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....
Hopefully, That's the first step on the long march to prosperity.
Good trading.
. |
Apr 27, 2007 11:15am
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Quote:
Originally Posted by jacko
Skyline,
What didn't you like about 1.3600 ? Just keep a 50 pip trailing stop.
Go and REALLY try to fully understand the anti hedging process.
As i said above, in post 6
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Just stopped out at 1.3631 (1.3681 minus 50 pips = 1.3631)
A quick little 31 pips in less than 10 hours.
. |
Apr 27, 2007 11:21am
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The reason for the sharp drop?
President Bush: Patience with N. Korea is not unlimited regarding its nuclear disarmament commitments
Oh no...Not again !!!
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Apr 30, 2007 2:14am
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Quote:
Originally Posted by johnedoe
Jacko.... Thanks for sharing, which broker are you using, and what is the tradeing platform, I trade currently at Oanda and they don't have trailing stops available.
Thanks for you time and help.
PS.... would you consider doing some live trading here as you did in the other forum for a couple months?
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Hi johnedoe
Sorry, but I don't want to be seen to be recommending any broker. Do your research on all the major ones.
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Apr 30, 2007 2:16am
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Quote:
Originally Posted by libertao
So then you would recommend simply having a Buy Stop order at 1.3700 right now with a 50 pip trailing stop, correct?
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1.3700 ??? I will place an order at 1.3600 (again).
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Apr 30, 2007 2:19am
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Quote:
Originally Posted by johnedoe
Jacko just curious what you think about the continuation of the EUR/USD trend, here is a couple images first is weekly, second is monthly...
do you think it is going to meet some resistance here or will the trend break through and continue to the next resistance around 1.40 and the next around 1.45.......
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Hi johnedoe
I have modified your statement above. I think it should have read:
I think it is going to meet some resistance here... ( and then) the trend ( will) break through and continue to the next resistance around 1.40 and the next around 1.45.......
That is closer to what I think.
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Last edited by Isotonic, Apr 30, 2007 3:11pm
Reason: removed repeat charts
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Apr 30, 2007 9:31am
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Quote:
Originally Posted by jacko
1.3700 ??? I will place an order at 1.3600 (again).
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Am in at 1.3600. |
May 1, 2007 6:26am
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Quote:
Originally Posted by kharvell
Jacko,
Firstly, your success is an inspiration. Secondly, thank you for posting your methodology in one place like this. I've always heard mention of you around the forum but hadn't ever seen any of your posts(through no fault but my own for being too lazy to search ) You have simplified my charts immensely!
Anyway, I have been using your 5-year-old technique for about a week now on various pairs combined with an entry technique I have found elsewhere on the forums and have managed to snag some great results between last week and today. I've had no need for the "anti-hedging" technique(yet), but that is a GREAT idea. Just thought I'd show my results here and tell you thanks again.
Regards,
Kevin |
Hi kharvell
Congratulations on your good results.
Even though you haven't used the anti-hedge yet, it is good to keep in your trading tool box.
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May 1, 2007 6:35am
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Quote:
Originally Posted by jacko
Am in at 1.3600.
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Trailing stop got me out at 1.3628 for 28 pips. Pips won are starting to get smaller...normally means a retracement is nearby.
When market is strong and streaking away, it is usual to make 100-150 pips at a time.
Having said that this market looks like retracing, I am NOT recommending that anyone "short" this market. |
May 1, 2007 6:41am
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Quote:
Originally Posted by Isotonic
jacko - is this live trades journal again? - i'm demoing the 4h euro (only trade daily live).
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Hi Isotonic,
No, this will not be a live trades journal....been there, done that....If anyone is seriously interested in seeing the "emotion" and "excitement" of that, then they can look at the previous one at Dailyfx.
Rather than give traders here a fish (or trade), I would rather that they learn how to fish (trade) so they can get as many fish as they want.
.
Last edited by Isotonic, Aug 12, 2007 3:35pm
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May 1, 2007 6:49am
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Quote:
Originally Posted by FxBabe
Jacko, thank you.
How do u decide if a trend has ended?
Is it by the break of the trendline? But sometimes even if a trendline has been broken (meaning price has closed underneath it) the general trend is still the same (using your bottom left to top right method).
Thank you and please continue helping us.
Regards.
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Hi FxBabe,
I like to see a trend line broken (meaning price has closed underneath it) a couple of times, then a "confirmation" rally back to the resistance line and then another decline.
However, remember that I use medium to long term timeframes,so they dont happen that often. Thats why I like Forex and the Euro....they are very "trendy" markets.
. |
May 1, 2007 6:52am
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Quote:
Originally Posted by Westie
Hi libertao
Below is the previous trade from jacko, you have your numbers wrong there,
Just stopped out at 1.3631 (1.3681 minus 50 pips = 1.3631)
you notice he was stopped out for a profit, so that trade is done with, no
anti hedging is applied to it, then he looked for a new trade, which was retrace back to a 00 number, and he entered at 3600 for another run up,
and now he is either stopped out for 30 pips profit, or still in the trade.
hope that helps.
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Hi Westie,
Your analyses are correct. Out for another 28 pips profit.
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May 1, 2007 7:00am
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Quote:
Originally Posted by canados
Great thread Jacko,
I read all about you.
I see that you're a medium/long term trader. Isn't a 50 pips stop loss/trailing too tight for that trading?
thanks
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Hi canados
Hmmm...sometimes I think it is but you have to draw a line in the sand somewhere.
However, in the unlikely situation that you have VERY good reason to believe that you DESPERATELY NEED to be back in the market... then the key advantage to this business is that you can get back into a trade in about 1.5 seconds...
But I wouldn't recommend it...
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May 1, 2007 7:08am
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To Westie, canados, FxBabe, Isotonic, kharvell and others who are contributing to this thread.
It is good to see you discussing things, thinking about them and working things out. It is much more rewarding to me compared to the normal "I am new and can you tell me your next trade in advance" email that I have been receiving. One earlier email even said "I haven't read your thread because I don't have time but can you tell me...."
So congratulations on being pro-active in your learning processes.
.
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May 1, 2007 9:46am
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Quote:
Originally Posted by canados
thanks
even if sometime the stop is tight there is the anti-hedging ;-)
I don't think you use anti-hedging everytime you are stopped out. So, there is a little bit of discretion, because,even if the price come back to the point where you was stooped, you also think that the price will continue with the original trend...so it's not totally mechanical
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Hi canados
You are correct. The anti-hedging is VERY important to my trading.
As long as I have the major trend direction correct, I cannot lose money. If I make a mistake in the short term, because of a minor retracement, then I know that I will get ALL those losses back when the market resumes its primary, dominant direction. The ONLY way to get hurt is to be wwwwwwrong on the primary trend.
As a result, I have become VERY confident in my trading.
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May 1, 2007 10:17am
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Quote:
Originally Posted by SeekingLight
Hiya Jacko =)
I'd be interested at which lows / spots you'd draw the current "main trend" trendline for EURUSD. I.e. connecting which weeks on weekly or monthly, so one gets a rough idea of what you personally look at (and comparing with one's own trendlines, obviously).
I'm sure Iso would also be very interested, he'sa dem lov' a' dem trendlines, mon! 
Oh, and do you go by lows or by close to draw them?
Take care,
SeekingLight |
Hi SeekingLight,
I draw trend lines for weekly, daily and 4hr. I use the lows.
For those of you who like trend lines as a major indicator, I have just found this on another site....regarding support and resistance lines...thought that it was interesting...(I am still to refining my skills on these lines...)
Quote:
Trading these lines can be very profitable, and you can do away with indicators if you follow a few simple rules...
1. The steeper the line the shorter it lasts, keep your stops tight if it moves away quickly. Keep your stops just above (resistance) or below (support) the line.
2. The price will always move back towards the support or resistance to test it, if there’s been a sizeable move, wait for the consolidation to bring it back to the line, then trade.
2. You need at least three touches (or points in a line) to confirm that it is a support or resistance level. Two is not enough. If the price action moves away fast from the line connected by these points it’s probably the dying gasp, but don’t trade until you hit that line again.
3. A good way to choose an entry is to look for an established line and follow it up with sell orders a few pips below (support) or buy orders above the line (resistance) in the opposite direction.
4. If a “trend” is older and you're not sure if it's going to break or not, wait till you're on the line and then straddle it, that way you can get into an older move. I wouldn’t recommend this though; rather wait for a change in direction. Once you’re into the rhythm you’ll almost always have an open position.
5. If you’re not sure phase in your trades, add to your position every ten or twenty pips.
6. Breaks off support and resistance are generally confirmed by big bars or a big bar, so if you see one on a line you know the “trend” has probably changed.
7. Price does not like support or resistance levels. It mostly tests them and then moves away quickly. You’ll rarely find much price action in the vicinity of the line. If price is hanging around a support or resistance level, it’s likely to break in the opposite direction.
8. If the market is moving up you only trade the support line, if down you only trade the resistance line...
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The above is valuable for determining entry points.
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May 1, 2007 10:06pm
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Quote:
Originally Posted by jacko
Trailing stop got me out at 1.3628 for 28 pips. Pips won are starting to get smaller...normally means a retracement is nearby.
When market is strong and streaking away, it is usual to make 100-150 pips at a time.
Having said that this market looks like retracing, I am NOT recommending that anyone "short" this market.
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Market is showing weakness...retracement is very near (I think)...standing aside from market...waiting for a better (lower) "buy" entry point.
For super aggressive traders, a "short" position looks a viable option. (I just dont do that type of trade!!!).
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May 2, 2007 1:57pm
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Quote:
Originally Posted by hilmy83
hey Jacko
can i ask you what's the largest drawdown you ever experienced using your technique?
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Hi hilmy,
You really don't want to know.....
It is all relative...I trade large lots so my drawdowns (as a percentage of earnings) were initially a bit scary. (However, the drawdowns are now seriously limited by the anti-hedge limits).
In an attempt to put it into context the following is a summary of the growth of my accounts over time (as documented in the live-trade / live-time thread at DailyFX)
http://www.learncurrencytrading.com/...eraged+trading
The following was posted on 02-28-2006 (Post 1846):
Quote:
...I went profitable on my first couple of trades and therefore was using my earnings as the funds...after the first two trades, my initial balance has been basically untouched. The point I am trying to say is that a huge account balance isn't really necessary....
The whole fundamental point or advantage of this business is Leverage.
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The following was posted on 03-07-2006 (Post 2851):
Quote:
As can be seen from my trading history that has been published real-time here on this thread, I was $30,000 in profit last month...this month (at the current price of 1920), I am $8,800 in profit (plus my off record trade is $13,000 in profit).
I realise that my trades look big... but I have yet to touch my original starting capital....
Again, I appreciate your comments and I do realise that I am trading a bit bigger than some others here, but I started this thread as a document for me to keep track of my emotions and feelings (along with everyone else in the Bar) and see how it went...
I also agree that I have moved up my positions agressively...from 5 lots...to 9 lots...to 20 lots...to 30 lots, all within a six week period....I will be slowing down on the growth rate of my positions in the future.
To date, I have been very happy (with the exception of some Twinkies who always try to hijack this Board and other Boards with inane discussions about nothing of relevance to trading) regarding the value of this Forum as a trading diary for me....And I have really appreciated the discussions and camaraderie amongst other traders such as yourself
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The following was posted on 03-23-2006 (Post 4474):
Quote:
I am pretty happy with progress so far...I think I have been fortunate that my first couple of trades were profitable so I had the advantage of firstly, an initial confidence boost and secondly, I was always playing with the markets money after that...I have barely touched my initial capital and that was only in the first three trades, I think...
My drawdowns have been a bit scary at times, but again I have always been playing with the markets money so I was a little more gutsy than I would have been if they they had been my first trades (and therefore my own money)...
My maximum drawdown has been around the $22K, but at that stage I was $30K in profit so I was still playing with the markets money, and then the market came all the way back and I was then in profit...
I am now comfortable with playing at the 20 lots level...I think I will play at that size for a while until I make a bit more money...then I might move up to 30 lots...hmmm...see how I go...
John G, I respect your experience...I would appreciate any pointers as to how to improve my trading... I have one small idea that I am thinking of using to stop any large drawdowns but I am going to practice it in another currency pair to check it first. (NOTE: This actually was start of the "anti-hedging" strategy)
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The following was posted on 04-06-2006 (Post 6498):
Quote:
Since I have been recording my trades here on 2/2/06 (just over two months), I have made a strong six figure income ($188K) ...with minimal ($3000) drawdown on my original account (which occurred on my third trade here) and a maximum drawdown of around $22,000 (which at that stage I was already $30K in profit)...so I was playing with the "casinos" money . I have been tempted to even show my trading statements but I don't know how to scan documents into a computer. Besides, its all here in the thread anyway...
In answer to your question, i use the barest of Technical tools...minimal numbers of Support and Resistance lines, the 50% Fib retracement rule and the natuaral "clustering of trades around the "round numbers" (eg 2100...2200..etc).
I guess that after I have a feel for those things, I then use what you have called intuition....if something is looking "stretched" or "extreme", then commonsense kicks in...it shouldn't happen unless there is a very clear reason for it
Also I have a policy that everyone here knows ...which is to only trade with the trend...cos if you make a mistake, the trend will get you out of trouble.
The only other thing I can think of is that I think that , to date, I have been VERY lucky...
I hope that is of help...if you want to know anything else just ask...I try to be open about everything I do...my trading has been all done live time here and if I had tried to pull any tricks, these guys here on the thread would have nailed me to a wall.
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The following was posted on 04-12-2006 (Post 7089):
Quote:
All my trades are documented in this thread... I am more than happy for you to do an independant audit...
My trading strategy hasn't changed...only the size of my trades as I became more confident (and profitable). i trade in $100,000 units and my trades went from 2 lots to 5 lots to 10 lots to 20 lots fairly quickly. I now trade in 50 lots (for first trade) and then will add a 20 lot.
I did start with a large (six figure) starting balance, but I have only gone into my capital to the maximum of $3000, primarily due to being profitable in my initial trades...Please feel free to go back through this thread and verify all this
As to "over leveraging", I am currently almost $200K in the black...even if I was wrong with a 50 lot trade, I would have to be wrong by 400 pips on each of those 50 lotsto just get back to zero profit...and I would NEVER let a trade go 400 pips against me.
But as I said, please feel free to go back through this thread, conduct a thorough audit and verify all this
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The following was posted on 04-27-2006 (Post 11415):
Quote:
I just passed the $500,000 profit mark about 30 minutes ago...
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The following was posted on 07-24-2006 (Post 15544):
Quote:
I funded my original accounts with six figure balances (around $300K).
BUT....the interesting thing is that the maximum amount of my account that I used was only around $3k.
If you go back to the start of this thread, you can read it all...I started small with only 2 standard lots and was very lucky...they were winners...then I simply escalated my trading up using the "markets" money. I quickly leveraged up my trading using my "earnings."
More importantly, I have done exactly what all the books on trading say to do...I don't have any special "system"...if anything, I think that everyone leans on complex indicators too much as a crutch.
NOTHING I DO IS DIFFERENT FROM WHAT ALL THE TRADING BOOKS SAY TO DO.
Anyone who says that you cannot make a million dollars in this "business" in your first year, simply doesn't know what they are talking about.
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May 2, 2007 2:01pm
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Quote:
Originally Posted by canados
Jacko,
how do you exit a trade?I know you use a 50 pips trailing. Do you use also profit targets?
thanks and happy trading
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how do you exit a trade?I know you use a 50 pips trailing. Yes
Do you use also profit targets? No
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May 6, 2007 9:14am
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Quote:
Originally Posted by JFonseca
Hi Watcher,
I think the nearest important levels in EurUsd are:
1,3656 (12/2004)
1,3469 (03/2005)
1,3368 (12/2006)
So you can see a double top at 1,3656.
I have a stop buy @1,3500 and @ 1,3450 with SL50. If 1,3400 is hit I?ll revise my bullish theory.
Jacko:
When did you realised the last transition from bearish to bullish and how did you do it?
Thanks Jacko for everything and good trades to everyone,
J Fonseca
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Hi JFonseca
As you probably know, I can't post a chart here to save my life, but:
1. if you bring up a weekly chart of the Eur/USD. (Isotonic or Newbie...can you do this for me?)
2. Then draw a line from the top of 3-14-2005 to 9-05-2005
3. That bearish trend line was broken in Jan 2006 and confirmed by trend line becoming support line in mid February 2006.
4. After that it was becoming obvious that trend had changed. Just a matter of getting onboard the Northern Express for a couple of years.
5. Due to length of time that Euro tends to trend, I made a decision to really ramp up the trading in volume, so I moved from 2 standard $100k contracts to 5 to 10 to 20 to 50 to more, using profits from trades.
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May 6, 2007 9:29am
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Quote:
Originally Posted by SeekingLight
Hey Iso.
Yea, I've also shorted, but yesterday, due to a 1h BEOB after the news blast.
I'm starting to worry that 1.3545 may have been the place to TP / exit for now and wait for the bounce to ebb...
Also, I read today that a lot of folks are going short pre-NFP. This pretty much turns on sirens and red alerts for me.
If the "public" side is thinking stronger NFP / shorting EURUSD, you've a pretty good bet the EURUSD is going to shoot up like a rocket.
I can also line you up an ABC correction end at 1.3535 - apologies to jacko, who thinks Elliot is BS - which would mean that if this low holds, all we'll be seeing is a rise. If it goes of course, we move on a bit..
Personally, especially with cable, I favor pro USD still(also believe AUDUSD and Kiwi should drop) as EURUSD made a bearish engulfing candle/BEOB yesterday...but things have been ugly and messy.
Today's the big "all bets are off - let's hope your positions are, too" day |
Hi SeekingLight,
Good target hit.
PS I don't think Elliott Wave is B.S. ....I have never said that....what I have said (repeatedly) is that:
" Elliott Wave Theory has never been a "sufficiently reliable" model to generate consistent profits from predicted entry point or exit points"
Consequently I would never trade off Elliott Wave Theory.
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May 6, 2007 9:30am
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Quote:
Originally Posted by willf
Here ya go
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Thanks willf.
Can you put another one underneath that one , but start date at mid 2004. Please put into the post above
Thanks again, willf
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Last edited by jacko, May 6, 2007 9:57am
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May 6, 2007 10:42am
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Quote:
Originally Posted by TEB63
Are you still on the Northern Express?
And in a big way?
TEB  |
Hi TEB63
I am in and out of the Northern Express...and I don't get on the Southern track.
In a big way is relative...but yes, it could be said that I am currently trading in a big way (for me).
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May 7, 2007 9:37am
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Hi willf,
See below for answers
Quote:
Originally Posted by willf
At first I had the same thought. But having spent a lot of the weekend backtesting it would appear to work out.
It works out because of one thing. You were following the trend. YES
The only downside I see is if you get a large retracement you could be left waiting several weeks for your buy stop to get picked up again YESand there is the possibility of your buy stop being triggered and then stopped out again.YES, but it must fall within the 50pip gap between the SL and the point at which you place the StopBuy. Also, you have a thing called "discretion"
All in all though he's doing what every book says. Following the trend, cutting his losses short.YES YES YES
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Last edited by jacko, May 7, 2007 9:49am
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May 7, 2007 9:44am
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tdion
I wasn't going to answer this post because it has a "cynical" intent. However, the answers to the imprudent statements are below:
Quote:
Originally Posted by tdion
Eh-hem...
Anti-hedging is gambling under another name. Suppose you follow the instructions and -BLOOP- the market reverses again after your second trade. You stand to re-enter repeatedly, hitting stops time and time again. This will occur ONLY if the trend has reversed and you are fighting the trend
In fact, the market may never come back down (or up) to your original entry. This will occur ONLY if the trend has reversed and you are fighting the trend
Jacko, I don't care what people are saying about how "great" your anti-hedging is... let's paint it with real world light. Don't try to start a fight here
-T
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Last edited by jacko, May 7, 2007 10:04am
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May 7, 2007 9:48am
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Quote:
Originally Posted by willf
I maybe wrong but this is how I think Jacko decided.
Excuse the crude arrows  : |
Hi willf,
Close enough...
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May 7, 2007 9:55am
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Quote:
Originally Posted by Gmak
trade with the trend - I think the phrase 'couldn't see the wood for the trees' applies here.
I like the anti-hedging thing too.
I suppose I'd explain it thus I may of course be completely wrong.
If you are following the trend and your overall strategy is successful, that would indicate that in terms of expectancy any trade you place is a 'good' one even if it fails.
if the trade goes against you for some time and you re-input your losing trade from the position of the stoploss then it holds numerous advantages.
Firstly it is in the direction of the long term trend
secondly, the market will most definitely be moving in the right direction once the trade is opened.
Thirdly, if the system you used to first input the trade is satisfactory overall, there is no reason why that position should hold any greater threat of failure a second time.
As I understand it Jacko's system looks to enter the market on pullbacks to trendlines at a confluence of round numbers and/or the 50% fib as these are relatively probable swing points back in favour of the overall trend. I'm not sure, but I understand that such points have far more relevance in a retracing market than a trending one.
If that is true it follows that any position placed at these levels in a trending market has a statistically greater chance of breaking through than it has of reversing, since it is no longer a high probability technical level.
if a second trade goes against you, then presumeably it will have formed a short/medium term top at or around your entry point and as such a third go at it might be inadviseable (am unsure as to what Jacko would do, but this seems logical).
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Hi Gmak
A good summary...
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May 7, 2007 9:59am
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Quote:
Originally Posted by newbietrader101
Dudes,
I have been reading all the comments on the last set of pages. you need to look at what jacko said above. the only way his method can get into trouble is if he he wrong on the major trend. If you don't understand that then you don't understand his method.
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Hi newbie,
Its not that they don't understand it...its just that some have been too lazy to try to understand it...or they are just too cynical and don't want to understand it.
But I will say it again...
Quote:
You are correct. The anti-hedging is VERY important to my trading.
As long as I have the major trend direction correct, I cannot lose money. If I make a mistake in the short term, because of a minor retracement, then I know that I will get ALL those losses back when the market resumes its primary, dominant direction. The ONLY way to get hurt is to be wwwwwwrong on the primary trend.
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May 7, 2007 10:28am
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Quote:
Originally Posted by cesarnc
Rescuing people from the "Counter-Trend Trade Church" is an inglorious war.
Loving the thread... Keep it up... |
Hi cesarnc
Thanks for the encouragement....
My wife has just read the last couple of posts that I wrote and has suggested that I just concentrate on my making my trades (and giving her lots of good loving...).
I think she was annoyed because she could see that I was little annoyed at the cynical post by tdion
It was actually because of her that I stopped posting on dailyFX, because she said that I was getting more hassled from the posting than from my trading...
.
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Last edited by jacko, May 7, 2007 11:15am
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Jun 4, 2007 8:02am
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Quote:
Originally Posted by stevegee58
Anyone else long EURUSD at 3400?
I've been trailing the 50 pip stop all day since entering at 1000 this morning and am now in a free trade.
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Am currently travelling and holidaying through Germany with wife. Am keeping a watching brief on this trade too.
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Jun 5, 2007 4:15pm
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Quote:
Originally Posted by Brunite
Jacko,
Thanks for checking in with us! Have a great trip......Lots to see and do in Germany!
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Thanks.
Frankfurt was nice (Except I was charged 192 Euro for a 21 min phone call at the Sheraton).
Now in Koln (or Cologne to us Westerners).
Trade is going well too...
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Last edited by jacko, Jun 5, 2007 4:44pm
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Jun 10, 2007 12:17pm
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Quote:
Originally Posted by skyline
Come on Jacko, you are not so far from Italy , come here and enjoy the beautiful season right now
Edit : Anyway 192 euro are less that 1 pip for you, so it doesn't hurt so much to you eheheh |
Hi Skyline,
Thanks for your good wishes.
We are having a beautiful time here in Germany (currently in Berlin...very nice). Unfortunately, we wont get to Italy this trip...have been a couple of times before...it is also magnificent.
Even though 192 Euros is less than one pip, it is still an outrageous amount for a phone call. I have re-learnt a lesson...NEVER make an overseas phone call from a hotel.
Good trading to all...
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Jul 2, 2007 6:31am
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Quote:
Originally Posted by luqmanz
Anyone else here aiming for 4000 for Fiber ? (in case it penetrates the 3600-3700 range ).
Let's ride the wave |
Anyone else here aiming for 4000 for Fiber ? Yes...... Me
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Jul 2, 2007 12:53pm
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Quote:
Originally Posted by gagiul
Nice move on the euro these days. Jacko said that 3300 should be the bottom. Of course I didnt take his words for sure, but entered long at 3500 as well. and now I enjoy the ride Thanx Jacko. |
Hi gaguil,
After bottoming out just below 1.3300 (1.3262) we are now on our way through the major resistance of 1.3666 to an initial target of 1.4500.
I think that a major sell-off of the USD is commencing / is in progress. I think it will accelerate in the medium term.
Having said that, make sure that you minimise your drawdowns. But don't lose sight of the long term trend.
But I could be wwwwrong...
See http://www.forexfactory.com/showthre...t=28512&page=5
. |
Jul 2, 2007 1:44pm
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Quote:
Originally Posted by jacko
Hi gaguil,
After bottoming out just below 1.3300 (1.3262) we are now on our way through the major resistance of 1.3666 to an initial target of 1.4500.
I think that a major sell-off of the USD is commencing / is in progress. I think it will accelerate in the medium term.
Having said that, make sure that you minimise your drawdowns. But don't lose sight of the long term trend.
But I could be wwwwrong...
See http://www.forexfactory.com/showthre...t=28512&page=5
. |
If anyone prematurely rushed in an bought longs during the recent retracement (say 1.3500 or 1.3400), the anti-hedge strategy would have got you back any and all losses. In addition, you would now be in the trend in the right direction.
I will say it again....
The anti-hedging is VERY important to my trading. As long as I have the major trend direction correct, I cannot lose money. If I make a mistake in the short term, because of a minor retracement, then I know that I will get ALL those losses back when the market resumes its primary, dominant direction. The ONLY way to get hurt is to be wwwwwwrong on the primary trend.
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Jul 2, 2007 2:17pm
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Why is there a big selling rush on USD ?
For those of you who are asking why the sudden rush on selling the dollar, it is interesting to note that today is the 10th anniversary of the start of the Asian financial crisis/melt down that saw massive declines in Asian currencies (for example, in indonesia before the crisis, the exchange rate between the rupiah and the dollar was roughly 2000 rupiah to 1 USD. The rate had plunged to over 18000 rupiah to 1 USD at times during the crisis) and which led to Russia defaulting on their loans.
(Given the weakness of the US due to the massive debt that the US now has with Asia and Russia, maybe there is a bit of payback going on???)
Also, the European Central Bank will continue to signal that interest rates are headed higher. Expect ECB President Trichet to be hawkish and say that the central bank needs to be strongly vigilant (that is, expect a rate hike at the next ECB meeting).
Last edited by jacko, Jul 2, 2007 2:39pm
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Jul 3, 2007 2:38am
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Quote:
Originally Posted by Xenjin
Jacko, since your back now, I wanted to ask you:
What part does fundamental analysis play in your trading (if any)?
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Hi Xenjin,
Please go here. Read post 35
http://www.forexfactory.com/showthre...46#post1426946
Fundamentals are for understanding the "big Picture", but charts are used for trading.
I am a longer term trader than most traders here and so I am more "fundamentals-aware" lately. I suppose I just want to know why a market is trending in a certain direction
The longer the time frame, the more you need to be aware of the fundamentals... but I always trade off the charts.
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Jul 3, 2007 2:50am
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Quote:
Originally Posted by luqmanz
Assuming I have a good profit on that trade ... I wont mind increasing my trail stop size.
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A better alternative (for a long position) is.
Scenario 1.
1. Market shoots straight up.
2. your 50 pip trailing stop grabs most of the spike.
3. Celebrate your good fortune.
Scenario 2
1. keep your 50 pip trailing stop loss in place.
2. Have a market buy loaded into your computer ... BUT NOT ACTIVATED
3. IF you stop loss is hit, wait for downward spike to finish (maybe 100 pips), THEN hit the activation of the market order.
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Jul 3, 2007 9:48am
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Hi audi4_20,johnedoe, luqmanz and goodtiding5,
Thank you
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Jul 5, 2007 11:32am
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Quote:
Originally Posted by Lou G
Jacko,
This is a question for me also re:anti-hedging. Earlier in the thread I read "let the reversal go a minimum of 50 pips before activating the trade in the same direction as the original trade". Why 50 (or 100)? What if it only goes South for 30?
Luv this thread...
Thank you.
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Hi Lou G,
Please go here. Read post 73
http://www.forexfactory.com/showthre...t=27286&page=5
You have to draw a line in the sand somewhere.
However, in the unlikely situation that you have VERY good reason to believe that you DESPERATELY NEED to be back in the market... then the key advantage to this business is that you can get back into a trade in about 1.5 seconds...
But I wouldn't recommend it...
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Jul 5, 2007 12:57pm
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Quote:
Originally Posted by thomass
Same question from me. I'm still unsure in such situations. Of course things get pretty easy if it bounces clearly of 00 but in situation like this I usually hesitate. Now I opened L@1.3600 (little below) but not without doubt I must admit.
EDIT: Finally I wouldn't worry. We have "AH" and major trend identified, so...
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Hi Cworthy and thomass,
Please go here. Read post 75
http://www.forexfactory.com/showthre...67#post1482767
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Jul 5, 2007 1:02pm
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Can Someone Get Rid Of The Big Chart On This Page Please.
can Someone Get Rid Of The Big Chart On This Page Please.
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Jul 9, 2007 8:24am
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Quote:
Originally Posted by Quickdraw
To Jacko or to whoever knows the answer,
When we take the above steps to determine the direction of the trend, how much do we zoom in - or zoom out - the chart? Or do we not zoom in the chart at all? I would appreciate any help with this.
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Quote:
I am a Trend Trader
EVERYONE SHOULD TEST OUT THIS VERY UNUSUAL AND RARELY USED STRATEGY;
1. buy/ sell ONLY in the direction of the major trend and
Firstly, how do you know what the trend is?
DETERMINE THE TIME FRAME THAT YOU WANT TO TRADE.
1. If the graph on the chart starts in the bottom left hand corner and ends in the top right hand corner, the market is going UP.
2. If the graph on the chart starts in the top left hand corner and ends in the bottom right hand corner, the market is going DOWN.
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Hi Quickdraw,
DETERMINE THE TIME FRAME THAT YOU WANT TO TRADE.
You have to be comfortable with your trading time frame...not mine.
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Jul 9, 2007 8:46am
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Quote:
Originally Posted by Joel
Hello jacko.. In a previous post you said, if you're not in, wait for a possible retrace to 1300 / 1350 before going long again.. Do you still feel the same?
I'll add my voice to the many before me. Thanks for sharing your system. Joel
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Hi Joel,
What I said was:
Quote:
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If you are not already in, then I suggest that you wait (!!!!!) for a retrace to 1.3500- 1.3550. (The market is currently at 1.3580).
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My personal thought at this point of time is that maybe 1.3500 will see the bottom of the next shallow corection and that it may occur next 7 - 10 days. (NOTE I could be wwwwrong !!).
Also see Post #4 on this thread:
Quote:
Thirdly, Slow down... this market will be here for the rest of your life...
DON'T BET YOUR BANK...
It is better to get rich slowly...than to go broke spectacularly fast.
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Jul 9, 2007 11:20am
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Quote:
Originally Posted by Quickdraw
Hi Jacko,
Yes, I understand we should trade the timeframe we want to trade. However, what I don't understand is how much we should zoom in the chart (or if we zoom at all). About how many candles should be showing on a chart? Is lugmanz correct in saying that about 300 candles should be showing on a chart?
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Hi Quickdraw,
Yes, 300 candles / bars works for me. It gives a decent perspective of the market.
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Jul 9, 2007 11:21am
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Quote:
Originally Posted by luqmanz
One way to see the trend ...
Look at
300 candles in daily charts.
300 candles in 4 hour charts.
Get a 5 year-old to look at it. You will see the direction. |
Hi luqmanz,
Yep. The 5 year old will get it correct everytime.
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Jul 10, 2007 9:27pm
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Quote:
Originally Posted by jacko
Hi gaguil,
After bottoming out just below 1.3300 (1.3262) we are now on our way through the major resistance of 1.3666 to an initial target of 1.4500.
I think that a major sell-off of the USD is commencing / is in progress. I think it will accelerate in the medium term.
Having said that, make sure that you minimise your drawdowns. But don't lose sight of the long term trend.
But I could be wwwwrong...
See http://www.forexfactory.com/showthre...t=28512&page=5
. |
The post above was posted on 07-02-07,
I think that the major sell off in the USD against all currencies is destined to continue in the longer term.
There will be corrections but they will be relatively shallow.
First target is 1.45
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Jul 11, 2007 11:03am
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Quote:
Originally Posted by Stan
Jacko,
Do you believe the Sell Off is for economic reasons or political reasons?
Not that it matters, as long as we are trading the right direction, but just curious as to you opinion.
Thanks,
Stan
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Hi Stan,
1. I think that the Fed is trying to reduce the US debt to the worlds Central Banks because it was losing enormous amounts of credibility.
2. Equally, the worlds Central Banks are trying to convert their credits to other currencies at the highest US dollar value possible.
This has caused a minor "rush to the door" to get out of US dollars by all the Central Banks.
Having said all that, the Fed / Central Banks' actions FAR OUTWEIGH anything else that anyone says is affecting the dollar. (eg housing starts, NFPs etc).
The Fed / Central Banks are all trying to reduce the indebtedness of the US. Until that happens the USD will continue to fall over the medium / long term. (Remember, the US is one Trillion in debt and it is STILL increasing...) In other words, even with the current decrease in the value of the USD, the monthly indebtedness STILL keeps increasing.
Until the USD gets into some form of "balance" with other countries, the currency will continue to decline. And one Trillion dollars is a lot of dollars !!!
However...remember this....
Quote:
Originally posted by Jacko on 04-27-07
Fundamentals are for understanding the "big Picture", but charts are used for trading.
I am a longer term trader than most traders here and so I am more "fundamentals-aware" lately. I suppose I just want to know why a market is trending in a certain direction
The longer the time frame, the more you need to be aware of the fundamentals...but I always trade off the charts.
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Last edited by jacko, Jul 11, 2007 11:48am
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Jul 11, 2007 11:13am
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Quote:
Originally Posted by joiedevivre
Hi Jacko....Could you please give an idea of what the corrections might be like? Do you have a target date for 1.45....it sounds so far away....thanks for all the help and insight you provide....Susan
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Hi joiedevivre
If I had crystal balls, I would be VERY careful when I sat down.
what the corrections might be like?
150 - 200 pips max
Do you have a target date for 1.45....it sounds so far away
Within 12 months ?? Maybe within 6 months?? Depends on whether any Central Banks start to get greedy / or panic and try to get out quicker at these levels rather than say Euro 1.4500.
But it WILL go there...1.4500 (and even higher) .....it is just the time frame that it will take to get there.
The risk of attempting to short this market is waaaay to high for the potential rewards.
But then again, I could be wwwwwrong !!!!
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Jul 11, 2007 11:23am
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Quote:
Originally Posted by Kash
Hi Jacko :wave:
I am new to this forum. I've been trying to catch up on all the readings. I've been through so many threads, and a particular few caught my attention, we "clicked". I like your style.
What do you thinking of shorting the Euro now ? For a 100 pip profit target at around 1.3650 .
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Hi Kash,
What do you thinking of shorting the Euro now ?
Risky. It will probably go there, but is it worth the risk? As Clint Eastwood said in the movie "Dirty Harry"...... "Are you feeling lucky?"
For a 100 pip profit target at around 1.3650 .
The risk of attempting to short this market is waaaay to high for the potential rewards.
But then again, I could be wwwwwrong !!!!
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Jul 11, 2007 11:35am
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Quote:
Originally Posted by FXHolic
Hello Jako,
Just wanted to ask you a question:
Once you enter in the direction of the long term trend, do you dissolve your positions on significant rallies, and add on pullbacks or do you just keep on adding until your long term target is met?
Thanks for the light in darkness!
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Hi FXHolic,
For a little while now, I have been setting up parallel accounts which are strictly "buy and hold" positions. These are in addition to my "trading accounts".
I had been waiting for a significant retracement before establishing the parallel accounts, and the May till mid June retracement was the one I had been looking for. This was a BIG punt that 1.3300 (approx) was going to be the bottom. I have been adding more positions, but at a reducing rate since mid-late June.
.
Last edited by jacko, Jul 11, 2007 11:49am
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Jul 11, 2007 11:42am
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Quote:
Originally Posted by jacko
Hi FXHolic,
For a little while now, I have been setting up parallel accounts which are strictly "buy and hold" positions. These are in addition to my "trading accounts".
I had been waiting for a significant retracement before establishing the parallel accounts, and the May till mid June retracement was the one I had been looking for. This was a BIG punt that 1.3300 (approx) was going to be the bottom. I have been adding more positions, but at a reducing rate since mid-late June.
.
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The major difference between my "buy and hold" accounts and my "trading accounts" is that the "buy and holds" have bigger SL limits.
I am hoping to get to the stage that my trading will gradually move more into "buy and hold" accounts and I will only trade maybe once every month or two.
But then again, I could be wwwwwrong !!!! And I could change my mind !!!
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Jul 12, 2007 10:26am
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Quote:
Originally Posted by Hundmist
Jacko,
With your longer term approach, are you trading other pairs that sweeten the pot with positive rollover? The only negative with EUR/USD in an uptrend is the rollover ding at the end of the trading day for longer term traders. GBP pairs would seem the likely choice.
What are your thoughts?
Also, can you give a hint on how you forecast EUR/USD reaching 1.4500 eventually?
Danke
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Hi Hundmist,
I have recently been thinking exactly the same thing but I don't like the volatility of the GBP. However, given that I have doubled my lots again due to the parallel accounts I am definitely giving it more thought.
1.4500 is the high reached back in Sept 1992. I think it will hit that easily and sooner than most people expect.
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Jul 12, 2007 1:13pm
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Quote:
Originally Posted by IRISH37
Thanks Jacko for all you do in this thread. You have made a difference in my trading and I am sure for many others. I am very grateful.
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Hi IRISH37,
Thank you for your kind words.
I am just trying to be useful around here and trying to help the young bucks to make a few dollars rather than losing a lot of dollars.
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Jul 12, 2007 1:55pm
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Quote:
Originally Posted by Kash
Hi Jacko :wave:
I am new to this forum. I've been trying to catch up on all the readings. I've been through so many threads, and a particular few caught my attention, we "clicked". I like your style.
What do you thinking of shorting the Euro now ? For a 100 pip profit target at around 1.3650 .
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Hi Kash (again),
I answered this post above in Post 468 but it has been nagging away in my head since I replied.
I am not having a go at any trader, but I have been reading some other threads and I haven't read one decent, logically thought out, reasoning as to why the market will turn bearish ... in the near future.
Everything seems to be "gut reactions" or straight out gambling on the ubiquitous "correction" or rebound.
I don't understand why people stand in the way of a 18 month bull market express train and say that it is going to do a u-turn today, it just amazes me. And when they get run over by the express train, they just say that they were unlucky. There are a lot of newbies here and they change their minds as to bull/bear every five minutes....it is a sign of youth....LOL......
If I can help traders by having a slightly more "big picture" view, then maybe they will learn to stick by the First rule....The trend is your friend !!!!!!!
I learnt many years ago to NEVER fight the trend....all those guys who have been saying that they have been scalping on the "short" side for a profit....it doesn't make logical sense.
I think that it is way too obvious to the big boys that this is a "bull" market...only the novices and wild gamblers are playing this on the "short" side of the street...and they (the novices and wild gamblers) are getting destroyed...
The inarguable fact is that this market is at its 18 month highs...so, logically, how can the "shorts" be profitable in that period...its possible that they may be extraordinary traders who have played the "short" side and won against a very strong trend...but I doubt it !!
Furthermore, if they are that good as traders (and as lightening quick as you need to be in beating the trend of the market), why wouldn't you simply cross the road and play the "long" side of the street. Why take on all the risks of fighting against an upward trend??? (The most important rule in this game is to always minimise your risk...because if you lose all your money,then you can't play anymore.) It is possible that they have had the occasional win, but they can't consistently beat the trend...despite what they say !!....
I see two issues here:
1, Going "short" is going against the trend.... And the trend is your friend.
2. Scalping against the trend is dangerous. You are playing against the market AND the brokers and they will rip you every chance they can...it is way too heavily weighted in their favour for anyone except an absolute genius "anti-trend scalper" trader to beat them...and as far as I know there are no absolute genius "short" traders around at the moment.
Again, not wanting to sound like an old man, but this trading is not as hard as young aggressive traders make it into...just calm down on the fast in /outs and go with the flow (or trend). If you are waiting for this market to turn from 18 MONTH bull to bear in the immediate future, you will be financially stripped.
Another way to look at it...
Look at it this way....18 months = 60 weeks = 546 days= 13,104 hours= 786,240 minutes...thats how long this market has been going UP...what makes anyone think that it will completely change its fundamental direction in the very next 10 minutes? (which is when I assume that you want to put that very clever "short" trade into the market...)
I am not trying to be a smart ass...
Just trying to help...
A quick summary:
In this bull market,
1. if you are "long" and wrong... the market will come back up to save you.
2. if you are "short" and hurt... there is no way out.
.
Last edited by jacko, Jul 12, 2007 2:10pm
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Jul 16, 2007 11:35am
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Quote:
Originally Posted by jacko
Hi IRISH37,
Thank you for your kind words.
I am just trying to be useful around here and trying to help the young bucks to make a few dollars rather than losing a lot of dollars.
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I have just come across this thread:
http://www.forexfactory.com/showthre...t=35982&page=2
I recommend that everyone read all the contributions by Trader888 starting at post # 26.
Excellent trading advice and perspectives for all traders.
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Jul 16, 2007 11:45am
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Quote:
Originally Posted by SeekingLight
I believe jacko means this one:
How to be a trader for a company?
http://forexfactory.com/showthread.php?t=35982
This link should work.
However be aware that Trader888 talks a lot about "gut based trading" later on. I personally wouldn't advocate any of that sort...use your chart and what price is saying instead
His stories are great though |
Thanks SeekingLight,
I am a techno-moron. I have now fixed my post.
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Jul 17, 2007 10:05pm
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Update on my "buy and holds"
Quote:
Originally Posted by jacko
Hi FXHolic,
For a little while now, I have been setting up parallel accounts which are strictly "buy and hold" positions. These are in addition to my "trading accounts".
I had been waiting for a significant retracement before establishing the parallel accounts, and the May till mid June retracement was the one I had been looking for. This was a BIG punt that 1.3300 (approx) was going to be the bottom. I have been adding more positions, but at a reducing rate since mid-late June.
.
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Update on my "buy and holds"
This has been one of my most profitable trading positions ever.
Also one of the least stressful.
500 pips in quick time...multiplied by USD10 per pip....multiplied by x number of standard contracts = A LOT OF MONEY.
The progressive additional contracts make it even nicer.
Outrageously simple way to make money !!!!!!
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Jul 18, 2007 1:06pm
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Quote:
Originally Posted by generalz
Jacko,
thanks for you insights, this is a little like watching/listening to Warern Buffett..
Can you talk about how you see yourself entering these parallel trades. You talked about adding to your position. Are you just going to stick with US/Euro. Are you only waiting for major retractments. How often per do you think you might initially enter a trade? How big of a SL are you using when you enter?
I will stop the questions for now, I could go on for ever!!!
thanks
generalz
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Hi generalz,
I will try to answer your questions about my parallel "buy and hold" accounts
Can you talk about how you see yourself entering these parallel trades.
I established a separate account with each of my 4 brokers before my wife and I went to Europe in May/June. Each was seeded with a substantial deposit. I had been waiting for the inevitable retracement for a little while and when it occurred i thought that 1.3300 would be reasonably close to the bottom. (But then again, I could have been totally wwwwrong).
I entered the trades but with a longer time perspective and also a bigger SL position. ( My returns from these accounts have been spectacular...)
You talked about adding to your position.
yes I have added to the position as the profits rapidly piled up.
Are you just going to stick with US/Euro.
I trade the Euro/USD (in large volume) only but am starting to give more thought to diversifying into GBP/USD.
Are you only waiting for major retractments.
Yes.
IF, and that is a big IF, there is going to be a retracement from around the current 1.3800, I would expect 1.3650 to be the lowest it will go. (But then again, I could be totally wwwwrong).
How often per do you think you might initially enter a trade?
The time frames are becoming longer each time I trade.
How big of a SL are you using when you enter?
50 pips on my trading account
100 on my "buy and holds' with a discretionary over-rider.
BOTH have the anti-hedging principle as an integral component. (It is the best tool in the tool box).
.
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Jul 18, 2007 2:00pm
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Quote:
Originally Posted by jacko
Update on my "buy and holds"
This has been one of my most profitable trading positions ever.
Also one of the least stressful.
500 pips in quick time...multiplied by USD10 per pip....multiplied by x number of standard contracts = A LOT OF MONEY.
The progressive additional contracts make it even nicer.
Outrageously simple way to make money !!!!!!
.
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I have had a very small number of PMs and emails from people here asking why I set up my parallel "buy and hold" accounts.
Everyone knows that the strongest and most fundamental driver of the longer term trend is the position taken by the Central Banks of the major currencies.
(Things like NFP, home sales in US, and retail sales are now just noise).
Most traders also know that the big monster overwhelming all of those is the massive current account deficits accumulated by the US (almost a Trillion dollars).
More importantly, those deficits just continue to keep on climbing thanks to
1. US government deficit spending
2. the Federal Reserves lax and easy monetary policy
3. profligate spending by US consumers
Given that it is unlikely that either of these three pillars of US economy is likely to change in the immediate short term, the only solution to the escalating current account deficits is the ongoing substantial realignment of the US currency exchange rates.
So I decided that I would place longer term bets on the weak US dollar continuing its long term downward trend for some time yet. Of course I consider that there will be some minor shallow retracements of maybe 150 pips max but I like the idea of getting in on 1000+ pip moves.
I still see 1.4500 as an initial target.
And I think we will get there sooner than everyone thinks.
(But I could be wwwrong..... BUT, even if I am wrong, the anti- hedging will save me).
Sorry to be soooo verbose, but that is an outline of my trading rationale at the moment. I hope that answers the questions that I have been asked by the various people.
Please note...... I could be totally wwwrong !!
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Jul 20, 2007 11:52am
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Quote:
Originally Posted by newbietrader101
one of his ex-brokers, a dude called Mark gave up working as a broker and now trades the same trades as Jacko. Jacko says what he is going to trade and Mark follows him into the trades with his own acccount. jacko and Mark are best friends and talk on phone every day and when I saw Jacko at his home in decemder last year, Mark had access passwords to all a Jackos trading accounts. If a trade comes up and mark knows that jacko is away, mark would prolly just call Jacko and Mark would place the trade for him.
This is worthn reading
http://www.forexfactory.com/showthre...322#post190322 |
Hi SeekingLight,
What Newbie said above is mostly correct but I also can make (international) phone calls to each of my Forex brokerage companies and say my account numbers and passwords and get updates or place an order at any time.
In Asia (esp Hong Kong and Singapore) there are bloombergs or CNN or Channel News Asia etc in shop windows and banks windows everywhere so even when we are out and about, I know what is happening.
(In contrast, when I am in Europe I am always disappointed at the lack of availability of Financial information (especially Forex), even in the best hotels. Also, European internet access speed has seriously lagged behind Asia in the last couple of years).
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Jul 20, 2007 12:13pm
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Quote:
Originally Posted by luqmanz
Yes, he advocated that, but I think gut-feeling is important if you want to be a superior trader. A trader need to develop that gut-feel slowly over time. Gut-feel can make almost any system incredibly profitable. One way to develop gut-feel is by learning one pair at a time.
Jacko,
What do you think about gut-feel? Any tips on developing gut-feeling ?
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Hi luqmanz,
Gut feeling is to me simply my subconscious mind (which is an accumulation of all my past trading experience) talking to me.
I do a couple of things when this arises:
1. I listen to my subconsciousness/gut feeling but
2. try to find hard factual evidence to support those feelings
3. IF I find those rational arguments and factual evidence... AND agree that they will result in a MAJOR CHANGE in thedirectional trend.... at the EXACT time that I am looking at.....then I do something.
4. But most times I find that it results in doing nothing (because Forex is one of the trend-iest directional markets around, with 2-5 year trends).
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Jul 22, 2007 9:06pm
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Quote:
Originally Posted by Bizking
Hi Jacko
Would you be willing to help those like me who don't know how to trade and trade on my behalf?
It's wonderful to see that someone is actually making money but
I'm 60+ and to start learning at this age would be very difficult. But I would gladly give/pay
very generous commission if you would trade on my behalf.
Regards
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No.
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Jul 23, 2007 8:13am
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Quote:
Originally Posted by HornedGod
Thanks to Jacko for rekindling such an interest in long-tern based trading underpinned by the fundamentals.
One of his original comments about asking a five year old to show you the trend reminded me of a quote sometimes attibuted to Einstein: "If you can't explain it to a six year old, you don't really understand it".
I like to keep this quote in mind when working on any trading plan. If your trading method isn't simple enough that a six year old could grasp it, then it's time to shake it up.
I've been successfully trading off the long-term upward trend in the EUR-USD for over a year now, so I can easily grasp the simplicity and genius of Jacko's method. I'm sure any six year old could too. Of course, having the discipline and consistency to put it into practice day after day requires differents skills and learning; ones which can be acquired with time and experience.
One area which I would like Jacko to maybe expand on is his approach to money management, specifically the gearing level that he uses. I know that this is a purely subjective area and the gearing/leverage used by one trader might produce cold sweats for another.
I'm interested in how the gearing level changed going from the initial 2 standard lots used at the beginning of 2006 up to the 50 lots by mid-year. Was the initial 2 lots very low leverage and you ramped it up to your normal gearing level as you saw the long euro trend take shape, or did you really crank things up and make full use of the ludicrous leverage offered by most brokers in this market?
Does your gearing increase or decrease based on the strength of the trend as derived from the charts or perhaps the underlying fundamentals?
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Hi HornedGod,
Thanks for your kind words. when I first came here there seemed to be a preponderous proportion of prolific posts on the potential of Elliott Wave.
If I have contibuted to a movement away from such an "unreliable" theory towards long term trend trading, then I feel that I have made a worthwhile contribution here.
In relation to our questions about money management, I always start a business with little baby steps to see if I am correct.
If you look at my original posts on DailyFX, you will see that I initially opened my accounts with 2 brokers with $150,000 each. The reason for this is that
firstly,I always like to be strongly capitalised in any business I go into, and
secondly, $300,000 is not really a large amount of money to get into a business. An average sized, successful coffee shop is going to cost that much. (And I don't like coffee that much!!!)
BUT....the interesting thing is that the maximum amount of my account that I used was only around $3k.
If you go back to the start of the DailyFX thread, you can read it all...I started small with only 2 standard lots and was very lucky...they were winners...then I simply escalated my trading up using the "markets" money. I quickly leveraged up my trading using my "earnings."
I started trading with only 2 standard ($100K Euro/USD) contracts. All the brokers (except Mark, who now trades with me) said that I should trade much bigger volumes but I ignored them. When I felt comfortable with my trading, I started to quickly (within 6 months) ratchet up the number of contracts to 50 contracts.
I then took a big decision....to treat this as a BIG business. After that, it was just a matter of finding my confidence / comfort level. I initially found 200 contacts, spread over three brokers, a bit too much so I dropped back to 150 contracts. And that is basically where I stayed until May this year when I started to set up the parallel accounts.
Obviously my gearing has increased but it has been financed
firstly from my profits from my trading accounts (which have been substantial)
secondly, using the leverage inherent in this market
thirdly, I have switched some of my other liquid assets into further account deposits for my "buy and hold" accounts. (which have been very successful...I now understand how Banks can make huge amounts of money from Forex).
My gearing increases are directly related
firstly, to how I much profit I have made
secondly, how much I want to plough back into my "business"
thirdly, my own confidence level that I am "on the right track"
fourthly, the successful implementation of the "anti-hedging strategy" on EVERY trade. (I know that my losses are ALWAYS limited to the set amount).
IF anyone is looking to replicate what I have done, I recommend that they look at my 2nd post in this thread..... Because I am ABSOLUTELY CONVINCED that this is the best "business" in the world.
HornedGod, I hope that answers your questions...... |
Jul 23, 2007 9:21pm
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Quote:
Originally Posted by oztrader
Thanks Jacko for a great post as usual.Then comes the tricky question, which broker do I trust with my $150000.As I am based in Australia that is not easy to answer. Can you stear me in the right direction please.
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Hi oztrader,
I am sorry but I don't know any Australian brokers.
Also, I don't recommend any brokers. I recommend that you research the major broking houses and choose the ones that suit you.
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Jul 23, 2007 9:28pm
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Quote:
Originally Posted by revoke
hi jacko ecellent reading :-) really i see cmon sence here is this the place where u are putting in threads or have u other web place from where u are active poster
revoke
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Hi revoke,
This is the only forum I look at.
This is the only forum I post on.
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Jul 24, 2007 11:16pm
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Quote:
Originally Posted by jacko
Hi generalz,
I will try to answer your questions about my parallel "buy and hold" accounts
Can you talk about how you see yourself entering these parallel trades.
I established a separate account with each of my 4 brokers before my wife and I went to Europe in May/June. Each was seeded with a substantial deposit. I had been waiting for the inevitable retracement for a little while and when it occurred i thought that 1.3300 would be reasonably close to the bottom. (But then again, I could have been totally wwwwrong).
I entered the trades but with a longer time perspective and also a bigger SL position. ( My returns from these accounts have been spectacular...)
You talked about adding to your position.
yes I have added to the position as the profits rapidly piled up.
Are you just going to stick with US/Euro.
I trade the Euro/USD (in large volume) only but am starting to give more thought to diversifying into GBP/USD.
Are you only waiting for major retractments.
Yes.
IF, and that is a big IF, there is going to be a retracement from around the current 1.3800, I would expect 1.3650 to be the lowest it will go. (But then again, I could be totally wwwwrong).
How often per do you think you might initially enter a trade?
The time frames are becoming longer each time I trade.
How big of a SL are you using when you enter?
50 pips on my trading account
100 on my "buy and holds' with a discretionary over-rider.
BOTH have the anti-hedging principle as an integral component. (It is the best tool in the tool box).
.
.
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This is me thinking out loud (or in writing).
Have just been having a review of the euro. Looks like the Euro is starting to roll over. This may be the start of another shallow correction, to around 1.3650? Have just tightened my SLs on my "buy and holds" (bought at 1.3300 and 1.3500 ) to 1.3750. May tighten SLs even closer in next 24 hours. Time to lock in some very substantial profits I think.
This is NOT a recommendation to any impressionable newbie to short the market. It is a recommendation to WAIT to find a better price to buy and profit from the long term UP trend.
But....I could be wwwwwwrong. (I have trouble saying that word...LOL)
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Jul 25, 2007 10:12am
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What amazing good luck...not skill !!
Quote:
Originally Posted by jacko
This is me thinking out loud (or in writing).
Have just been having a review of the euro. Looks like the Euro is starting to roll over. This may be the start of another shallow correction, to around 1.3650? Have just tightened my SLs on my "buy and holds" (bought at 1.3300 and 1.3500 ) to 1.3750. May tighten SLs even closer in next 24 hours. Time to lock in some very substantial profits I think.
This is NOT a recommendation to any impressionable newbie to short the market. It is a recommendation to WAIT to find a better price to buy and profit from the long term UP trend.
But....I could be wwwwwwrong. (I have trouble saying that word...LOL)
.
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Am i the luckiest SOB or what? Only three hours after I posted this and closed all my longs, the Euro craps itself and I save myself a small fortune.
What amazing good luck...not skill !!
Sometimes, the sun just shines on a person.
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Jul 25, 2007 10:24am
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Quote:
Originally Posted by jacko
Am i the luckiest SOB or what? Only three hours after I posted this and closed all my longs, the Euro craps itself and I save myself a small fortune.
What amazing good luck...not skill !!
Sometimes, the sun just shines on a person.
.
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Just for posterity, would someone please verify the time of my post (at which time it was trading at 1.3810) and that it was only a few hours before the market crapped out.
I don't want a whole lot of newbies coming onto the forum later and saying that I was posting "after the event"
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Jul 25, 2007 10:38am
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Quote:
Originally Posted by jacko
Just for posterity, would someone please verify the time of my post (at which time it was trading at 1.3810) and that it was only a few hours before the market crapped out.
I don't want a whole lot of newbies coming onto the forum later and saying that I was posting "after the event"
.
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Sorry to ask this but would someone please do an independant audit of the timing on my post number 588 and the fact that the market dropped from 1.3810 to its current level some 3-4 hours later.
I just want to ensure that no-one ever "infers" that I am fiddling the figures
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Jul 25, 2007 11:07am
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Quote:
Originally Posted by howard
Time stamp on your post is 4:16 am UK time (3:16 GMT)
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Thanks Howard,
And what time did the price decline through 1.3800 in UK and GMT time ??
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Jul 25, 2007 11:31am
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Quote:
Originally Posted by howard
At the time the 5 min bar closed at 1.3805 and at 10:15 UK (09:15 GMT) the 5 min bar went through 1.3800 and the price dropped thereafter to this moment standing at 1. 3700
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Thanks Howard,
When I was posting at DailyFX, we all prided ourselves on the fact that it was "live-time trading" and posting (within minutes, if not seconds of the transaction). If any trader tried to B.S. their trades, all the other traders would have excoriated them immediately.
I just want to make sure that my credibility remains clean.
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Jul 25, 2007 11:45am
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Quote:
Originally Posted by Phonetic
jacko,
trying to learn here...what needs to happen to give us confirmation to go long?
love the thread btw keep up the great work |
Hi Phonetic,
I have just made a ton of money. I am going to let this market settle down for another 24 hours while I think about it all.
There is no need for me to rush to enter a trade. I don't believe that we are going to see a spike straight back up to 1.3800 (which is where I sold my longs). So anything I buy at under 1.3800 is a bargain price for me. (Because I still believe that 1.4500 is the longer term target).
I still think that 1.3650 is a good buy point.
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Jul 25, 2007 11:47am
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Quote:
Originally Posted by Isotonic
post #588 was recorded at 0316 GMT and the euro dropped between 0700 and 0800 GMT, around 3-4 hours later (see shaded bar on chart)
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Thanks Isotonic.
That's really appreciated.
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Jul 25, 2007 11:57am
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Quote:
Originally Posted by SeekingLight
Hi, yea, just got notification.
It's InterbankFX demo feed, it's on GMT time.
Jacko:
Simply because I am confounded...why did you close out ALL positions if just a day or two ago you were aiming for 1.4+ on the long term positions?
I don't mind you closing out the "daytrade" ones, that's just sensible trading, but does killing off the longer term positions mean you stopped believing in the current trend or the shallow retrace idea?
Did anything significantly change to warrant FULLY closing out ALL positions?
Were they in jeopardy?
Just trying to understand..
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Hi SeekingLight,
It was just an "intuition" thing that the market was rolling over. Hard to define...I still think that this market is bullish, but I also thought that the shallow correction would be around 150 pips and, with the large number of "buy and hold" contracts that I was holding I didnt want to lose that much of my profit.
I can get back into this market in about 4 seconds (per broker trading platform) so I wasn't concerned about making a mistake and not being able to get back in to the bull trend.
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Jul 25, 2007 12:25pm
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Quote:
Originally Posted by howard
Hi Jacko
Did you close the positions at 3800 or were your stops at 3750 hit?
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Hi howard,
I sold them all just minutes after I posted the post.
And thanks again for your help in confirming the timings of my post and the start of the market decline. If I can return the favour one day I will try to be of help to you.
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Jul 25, 2007 12:48pm
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Quote:
Originally Posted by ianf0ster
Hi Jacko,
It looks like skill, it may be luck - but you certainly have plenty of it!
I also had a bad feeling about E/U,G/U,A/U,NZ/U and tightened all my stops about 4 hours before your post ( I am UK based).
Unfortunately, I had only recently been buying E/U on bounces off 1.3800 and G/U also - so that just meant a smaller actual loss on them. On the Aussie and the Kiwi I was already well in profit (and trying to apply your philosophy) - but it still hurt (especially as those tow have bounced up a bit since then).
Thanks for all the trading philosophy,
Ian
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Hi ianf0ster,
Do you know what is interesting ?? For the last couple of days I have been kicking myself that I never put GBP/USD into my "buy and holds" because I would have made sooooo much more.
850 pips from the GBP (vs 500 pips from the Euro) times x number of contracts ...= (a truly obscene) amount of money.
.
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Jul 27, 2007 10:57am
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[quote=Wellspring;1512138]
Quote:
Originally Posted by MPP
Yes MPP--no problem
I'll fool with some clearer looking attmts
png perhaps -to expand fr thumbnails
Confluence really is just an overlapping of Fibs within different ranges
Ideally you choose key ranges and key fibs within each range
and apply 2 or 3 ranges on a chart
EG. a 4hr or daily with 2 or 3 Fib ranges.
Then you look for the overlappings
and there are always some confluences
Some of course more represent key areas of supp/Res
and Market action often uncannily gravitates to them
due partly to the countless trading action that focuses
on Fib %ages
I trade always with them in mind as an important tool
of the top criteria of tools.
easy to get used to if that's your bag
Try it with just the Golden mean Fibs off a Daily chart and then a 4hr.
master the basics
Then the nuances fold in nicely.
Combo of TLs (properly drawn)
basic Fibs
an Oscillator of choice (eg. stochs, CCI)
former congestion areas of supp/Res
some basic chart patterns
and moderate knowledge of candle signals
that's an easy fair and a solid good beginning in the TA realm
Not the ticket for consistent profits
but a sharpened eye if you believe Tech analyses valuable
GL WS
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Hi MPP and Wellspring,
Please dont take offence, but would you both take your private discussions elsewhere.
Thanks
.
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Jul 27, 2007 11:17am
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Quote:
Originally Posted by MPP
Hi Jacko
sorry if I offended you, I am learning forex at this time and when something new shows up I try to understand it. I know this subject dosn't fit in with your system, but the opertunity to learn got the better of me.
I liike your thread and the thoery you practice, I hope soon to have sufficient funds to trade as you do, much easier on the stress levels.
thanks for sharing |
Hi MPP,
1. Just go into your messages and copy and paste them into your PM to Wellspring.
2. Then delete your messages here.
3. Wellspring can then do the same.
Thanks.
PS I am not offended.
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Jul 31, 2007 11:57am
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Quote:
Originally Posted by jacko
Hi Phonetic,
I have just made a ton of money. I am going to let this market settle down for another 24 hours while I think about it all.
There is no need for me to rush to enter a trade. I don't believe that we are going to see a spike straight back up to 1.3800 (which is where I sold my longs). So anything I buy at under 1.3800 is a bargain price for me. (Because I still believe that 1.4500 is the longer term target).
I still think that 1.3650 is a good buy point.
.
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The above post was posted on 07-25-07 (post 611).
1.3650 was a good buy point. (1.3608 would have been nicer, but hey, my mother always said it was bad manners to "pick your bottom")
1.3726 is the highest point since purchase.
Trailing Stop loss currently at 1.3676 (1.3726 - 0.0050 = 1.3676).
At the absolute worst, I will make a minimum of 26 pips profits less expenses. (1.3676 - 1.3650 = 26).
It is real simple to me......
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Jul 31, 2007 12:34pm
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Quote:
Originally Posted by jacko
The above post was posted on 07-25-07 (post 611).
1.3650 was a good buy point. (1.3608 would have been nicer, but hey, my mother always said it was bad manners to "pick your bottom")
1.3726 is the highest point since purchase.
Trailing Stop loss currently at 1.3676 (1.3726 - 0.0050 = 1.3676).
At the absolute worst, I will make a minimum of 26 pips profits less expenses. (1.3676 - 1.3650 = 26).
It is real simple to me......
.
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And yes, I still believe that 1.4500 is the longer term target.
1. The US is STILL a Trillion dollars in debt..... and it is STILL increasing.
2. The "big dogs" are the Central Banks...and they all want to be out of US Dollars for a lot more yet.
3. The carry trade story is just "noise" to distract smaller traders.... (the carry trade has been in existance forever and will continue for as long as there are interest differentials).
4. An interesting , and very profitable trade that Mark (an ex account executive at a large brokerage firm that now trades along side me) was to short the GBP and AUD against the US dollar. We were watching the Euro rapidly dropping from 1.3800 to 1.3700... and the GBP and AUD hardly moved !!!
I mentioned to Mark that either the Euro had to have a major and dramatic turnaround OR they (GBP and AUD) would follow the Euro with a sharp corrrection. Mark, being more speculative and gung-ho than me, took some good short positions in both GBP and AUD. GBP collapsed some 14 hours later, the AUD collapsed some 24 hours later. Very profitable for him. Pure opportunism. These opportunities are very rare !!!
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Jul 31, 2007 1:08pm
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Quote:
Originally Posted by kelab4x
Hi Jacko,
Well... it is real simple to you...
May I know how you determine 1.365o is a good entry point?
Just trying to understand....
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Hi kelab4x,
1. I felt that this correction would be relatively shallow.
2. 50% retracement (from late June 1.3414 to late july 1.3851 )would have approx 1.3650.
3. Also, if you had been trading in late April and again in early July, you would have noticed/remembered that 1.3650 was a real battleground between the bulls and the bears so it has relevance as a support/resistance area.
4. Intuition ?? Being "in simpatico" with the market ?? developing a "feel" for the market. I dont know the answer.
Besides, I could be wwwwrong !!!!!
Maybe...just maybe, the market has peaked. I just don't believe that to be so.
If I change my mind, I will post it here. But I am still on the long side of the street. |
Aug 2, 2007 11:27am
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Quote:
Originally Posted by mbalta01
What I mean is ,after you get stopped ,what happens if the price turns back up and you are out of the position. How do you get back into the position?
to give an example :
you bought euro @13650 on 27.07 ,then it had a high of 13728 on 31.07 and now your stop is 13678 right?
yesterday on 01.08 you were stopped @13678 and it contiued down to a low of 13637.(here you were waiting for it to reach 13628 to put your buy stop order at 13678)
But it did not reach there and turned back up and went above 13700.
So now you are out of the position and price is above 13700.
What do you do?
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Hi mbalta01,
I bought euro at 1.3650.
It had a high of 1.3728
Trailing SL is 1.1.3678
1.3678 was 28 pips profit. END OF TRADE. No A-H applicable.
That was fun....lets do it again.
Re-enter at 1.3650
It had a high at 1.3708
Trailing SL is 1.3658
1.3658 was 8 pips profit.
Waiting to get hit again at 1.3650.
However, I am getting wary of this market. There is about to be a sharp and significant break in one direction very soon......
I just am not sure what direction
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Aug 2, 2007 11:33am
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Hi cici,
Quote:
Originally Posted by cici
Jacko,
I've just finished reading every post in this thread. (Unlike some lazy newbies) before I earned the right to ask questions. (Thank you, it is appreciated ). I have two questions please:
(1) When you say to apply the AH Strategy to ALL trades, do you mean all trades regardless of whether stopped out for a loss or a profit; or do you mean only those stopped out for a loss? Only those stopped out for a loss.
(2) In the chart below, I have Buy Stop orders in place for the levels shown by the yellow lines. I will apply AH Strategy to trades stopped out for a loss (and also winning trades depending on your answer to question one). You have too many orders for me, but if that is how YOU want to allocate/spread your investment, then that is fine.
Is having these Buy Stop orders already in place the right way to do this? I mean is it okay to buy every 50 pips at 00 and 50 numbers, or should I only buy at 00 numbers? See above
I want to trade this exactly as you do, so let me give you a PROFUSE thank you in advance of any answers you wish to provide.
cici
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Aug 2, 2007 11:37am
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Quote:
Originally Posted by SeekingLight
Please correct me if I'm wrong.
AH as I understand it works like this: if your stop was 1.3669 then 1.3619 must trade(price must move 50 pips past it iirc), THEN you place a long at 1.3669 again, assuming that the uptrend has resumed when it comes back and picks you up again. That way you're back in where you left off and don't really "lose" anything as the way back makes back your loss size as well. This is assuming it is still intact and that it will move on.
Again, correct me if I'm wrong. That's how I read it.
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Hi SeekingLight,
You are correct.
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Aug 2, 2007 11:49am
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Quote:
Originally Posted by SeekingLight
Please try to stay on topic and use PMs for those sort of requests.
Iso, please clean up next time you're around, take this post out along with it =)
Putting in DiNapoli fib excursions is pretty much the opposite of Jacko's simplicity imho.
.............
..
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Hi SeekingLight,
Thanks for that.
I was actually thinking about posting another "live-time" trading journal, similar to the one that I started at DailyFX. Newbie has been on at me to do it for ages. Then I saw Auslanco's thread and was stunned at how many newbies jumped in and exploded that thread.
No way do I ever want to spend that much time answering all those (often mindless) questions. I am sooo glad I saw that. No way would I start a thread like that. The only way I would ever consider a journal would be to have a locked thread, where I just post my trades.
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Aug 2, 2007 12:09pm
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Quote:
Originally Posted by PeterFM
I've just re-read my reply and it comes across as very patronising, so I apologise.
I took that post to mean that if he considered a pull-back to have run out of steam he would re-enter, and stick his normal 50 SL on the trade. From then on it would either maintain the upward trend, or if it hit the SL he'd re-apply his AH rules again.
As he stated the AH rules appeared more important than the actual point of entry for a trade.
OK we'll wait  |
Hi PeterFM,
You have a good grasp of what I do.
I am constantly confused by everyone focussing on specific "signals" to enter. Round numbers, Trend lines, and 50% Fib are simply "probabilty-positive" points of resistance or support
It doesn't really matter anymore where I buy (or sell). The anti-hedging strategy is FAR, FAR, FAR more important.
Having said that, the anti hedging strategy is something that I put together as an alternative to "hedging", (which was and is something I never saw as having any benefit).
However, I don't want everyone to get all carried away and thinking that it is anything exceptional. It is basically just two components combined into an action plan. They are:
1. A DEFINITE stop loss position (that is, 50 pips trailing from the highest point after a trade is entered)
2. A DEFINITE action plan to recoup any losses (by buying back in at point of Trailing stop loss... for losing trades ONLY...and after the market has dropped and is now coming back in the correct direction).
As i have said repeatedly, I am not doing anything different from what all the good books say.
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Aug 2, 2007 12:34pm
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Quote:
Originally Posted by revoke
Hey Jacko
i really like ur anti hedge strategy top dollar :-) do u use the anti hedge on big timeframes for example on weekly charts but with more room for the anti hedge ( stop and rewerse) ? for example to ur buy and hold positions. This anti hedge has helped me alot so if u ever comes to denmark ill give u a beer or soda lol...
revoke
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Hi revoke,
I have just started trading a parallel set of trades based on a longer time frames. They are my "buy and hold" trades. They are not based on weekly charts, they are really just trades with 100 pip trailing stops.
I am not keen on Stop and Reverse strategy....I now like to have a break after every trade...to step back and have another look at everything without the bias imposed by having a market position.
Thanks for your invitation...a Pernod and Ice would be nice
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Aug 2, 2007 12:45pm
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Quote:
Originally Posted by mbalta01
Hi Jacko,
Thank you for clearing that out. Now I understand that you use AH on trades that stops at a loss. So let me ask you a similiar question about a loss trade.
Suppose;
You get in at 13700 on the long side.
Then you get stopped at 13650
and that day you have low of 13630
then price moves up and goes over 13700 again
What do you do?
Ps: Being another technomoron myself, I could not figure out how to post somebody else's post into mine. Any help would be appriciated.
Thanks
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Hi mbalta01
What do you do?? You take it on the chin, pal. Then move on. (Sorry, some people may not understand that expression).
You accept that on very rare occasions, this may happen. What you do, is sit back and take a look at the situation and decide if you want to enter a brand new trade...then have a break for one day... If you still want to enter the trade 24 hours later, then you should enter the trade. (the 24 hour break stops you taking "revenge" trades).
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Aug 2, 2007 12:47pm
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Quote:
Originally Posted by PeterFM
You don't need a mod's permission, just start your thread, go to Thread Tools above the thread and you'll see 'Close Thread' ticked already. Just click on 'Perform Action' and you're done.
When you want to post click on 'Open Thread', stick your post in, and then go back and 'Close Thread' again.
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Hi PeterFM
Thanks for that. I never knew that.
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Aug 2, 2007 1:55pm
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Quote:
Originally Posted by jacko
And yes, I still believe that 1.4500 is the longer term target.
1. The US is STILL a Trillion dollars in debt..... and it is STILL increasing.
2. The "big dogs" are the Central Banks...and they all want to be out of US Dollars for a lot more yet.
3. The carry trade story is just "noise" to distract smaller traders.... (the carry trade has been in existance forever and will continue for as long as there are interest differentials).
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The carry trade "noise" is starting to dissipate... Normal service resumes....
1. Central Banks getting more "equilibrium" in USD and other major currencies...by selling USD and buying major currencies (esp. China, Russia and Arab countries).
2. new carry trades now being put in place by those hedge funds that didn't get blown out by the correction.
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Aug 2, 2007 10:50pm
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Quote:
Originally Posted by jacko
The carry trade "noise" is starting to dissipate... Normal service resumes....
1. Central Banks getting more "equilibrium" in USD and other major currencies...by selling USD and buying major currencies (esp. China, Russia and Arab countries).
2. new carry trades now being put in place by those hedge funds that didn't get blown out by the correction.
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1.3700 is good to buy. (for me)
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Aug 3, 2007 10:18am
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Quote:
Originally Posted by jacko
1.3700 is good to buy. (for me)
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1.3700 was a good buy point. (1.3682 would have been nicer, but hey, my mother always said it was bad manners to "pick your bottom") 
1.3750 is the highest point since purchase.
Trailing Stop loss currently at 1.3700 (1.3750 - 0.0050 = 1.3700).
At the absolute worst, I will make break even.
It is real simple to me......
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Aug 3, 2007 11:23am
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Quote:
Originally Posted by jacko
And yes, I still believe that 1.4500 is the longer term target.
1. The US is STILL a Trillion dollars in debt..... and it is STILL increasing.
2. The "big dogs" are the Central Banks...and they all want to be out of US Dollars for a lot more yet.
3. The carry trade story is just "noise" to distract smaller traders.... (the carry trade has been in existance forever and will continue for as long as there are interest differentials).
4. An interesting , and very profitable trade that Mark (an ex account executive at a large brokerage firm that now trades along side me) was to short the GBP and AUD against the US dollar. We were watching the Euro rapidly dropping from 1.3800 to 1.3700... and the GBP and AUD hardly moved !!!
I mentioned to Mark that either the Euro had to have a major and dramatic turnaround OR they (GBP and AUD) would follow the Euro with a sharp corrrection. Mark, being more speculative and gung-ho than me, took some good short positions in both GBP and AUD. GBP collapsed some 14 hours later, the AUD collapsed some 24 hours later. Very profitable for him. Pure opportunism. These opportunities are very rare !!!
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An interesting anomoly is occurring again....
Euro spikes up 80 pips (from 1.3700 to 1.3780) and GBP barely moves 40 pips (now at 2.0395) and Aussie dollar doesn't move (now at 0.8570).
Seems as though both are a probability-positive trade. (Not for me ...but someone may want to consider it).
Good luck.
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Aug 4, 2007 10:56am
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Quote:
Originally Posted by jacko
1.3700 was a good buy point. (1.3682 would have been nicer, but hey, my mother always said it was bad manners to "pick your bottom")
1.3750 is the highest point since purchase.
Trailing Stop loss currently at 1.3700 (1.3750 - 0.0050 = 1.3700).
At the absolute worst, I will make break even.
It is real simple to me......
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Update on this trade:
1.3819 is now the highest point since purchase.
Trailing Stop loss currently at 1.3769 (1.3819 - 0.0050 = 1.3769).
At the absolute worst, I will I will make a minimum of 69 pips profits less
expenses. (1.3769 - 1.3700 = 69).
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Last edited by jacko, Aug 4, 2007 11:11am
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Aug 4, 2007 11:08am
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Quote:
Originally Posted by brxxt
jacko, do u ignore news releases (like todays NFP)?
I figured a move like that could make a move of 100pips which would immediately stop you out
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Hi brxxt,
Yes mostly I ignore them. If I have positions that are real close to the market price say one hour out, I may close them for safety, but it is not my usual practice.
Albeit the reaction time ofthe market is much more rapid, the stop loss and A-H strategies remain the same. News releases are simply treated as a normal market situation, only MUCH quicker time frames. It also means that you can make killer profits very quickly. (You can also make killer losses from slippage if your stops are too close)
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Aug 4, 2007 11:25am
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Quote:
Originally Posted by Kanon
Jacko
Thanks for this great thread, i hav 3 open positions at the moment
1, long euro/usd @1.3663
2, long eu/usd @ 1.37
3, long eu/usd @ 1.3736
All of the trades are wirh 50 piptrailing stops and the worst I can do if the euro retraces is a profit of 10 pips on trade no, 3.
I want to ask you how you would trade this setup, and when will you start to open more positions or take some profit?
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Hi Kanon
You are doing fine. Just keep doing what you are doing.
Just make sure that you put the trailing stop loss on EVERY trade.
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Aug 4, 2007 11:37am
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Quote:
Originally Posted by tdion
Jacko,
What is not simple to me is how you picked 1.3700 as a reversal. Just good ole' experience?
-Tom
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Hi tdion,
I did'nt pick 1.3700 as a reversal.... I thought that 1.3650 would be the limit of the retracement
from 13851.
I bought twice at 1.3650 for profit gains of 26 pips and 8 pips respectively.
I just missed out on getting set a third time when the market hit 1.3650 exactly. (I am still annoyed about that !!) I then watched the market heading up and decided that I would buy at 1.3700. And I did !!
So, I didn't pick 1.3700 as the reversal (I saw 1.3700 as the continuation of the upward trend from the correction down to 1.3608).
And I am STILL annoyed that I would have been in profit by ANOTHER 50 pips per contract if the market had been a little kinder to me at the last touch of 1.3650....ahhh, such is life as a forex trader !!)
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Aug 4, 2007 11:47am
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Hi rumbey,
Quote:
Originally Posted by rumbey
Hi Jacko,
I have spent the past 4 hours reading all your posts? (there maybe some I've missed.)
Anyway, I trade the GBP/JPY and since I've adopted trend trading I trebled my account this year up until the recent retracement back to 38.2 fib line.
What happened here was I was so confident in the uptrend that I fought the market and lost 60% of my account in less than a week. :-( ALWAYS use a stop loss
If I had applied you anti-hedging policy I would have had a very small drawdown (we live and learn). A-H strategy is a DEFINITE stop loss
My question is simple. How much of what you do can be applied to the GBP/JPY pairing? Have never traded GBP/JPY. But same strategy should work depending on the "trendy-ness" of GBP/JPY and the size of your stop losses (also see PeterFM's excellent response above)
Best Regards
David
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Aug 4, 2007 12:19pm
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Quote:
Originally Posted by jacko
And yes, I still believe that 1.4500 is the longer term target.
1. The US is STILL a Trillion dollars+ in debt..... and it is STILL increasing EVERY month.
2. The "big dogs" are the Central Banks...and they all want to be out of US Dollars for a lot more yet.
3. The carry trade story is just "noise" to distract smaller traders.... (the carry trade has been in existance forever and will continue for as long as there are interest differentials).
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As long as the US Govt continues to have significant Current Account Deficits every month, the world will continue to lose faith in the US dollar.
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Aug 5, 2007 10:06pm
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Quote:
Originally Posted by jacko
Update on this trade:
1.3819 is now the highest point since purchase.
Trailing Stop loss currently at 1.3769 (1.3819 - 0.0050 = 1.3769).
At the absolute worst, I will I will make a minimum of 69 pips profits less
expenses. (1.3769 - 1.3700 = 69).
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Update on this trade:
1.3838 is now the highest point since purchase.
Trailing Stop loss currently at 1.3788 (1.3838 - 0.0050 = 1.3788).
At the absolute worst, I will I will make a minimum of 88 pips profits less
expenses. (1.3788 - 1.3700 = 88).
I am considering turning these into "buy and holds" by increasing Trailing Stop Loss from 50 pips to 100 pips. Not sure yet, am keeping 50 pips there for a little while.
Also, should price drop to 1.3750, I am a buyer.
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Aug 6, 2007 4:32am
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Quote:
Originally Posted by Pip Rage
Jacko,
I have a question about Anti-Hedging.How do you handle shake-outs?
Let's assume that your bias is short and your initial short position is taken out by a 50 pip rally. Then the price immediately drops back below your stop-out point and hovers between your stop-out and your original entry point. Assume the long term bearish trend is still valid.
Do you
a) Reset the order at the stop-out point(which is now above the current price)
b) Reset the order at the original entry point(which is still below the current price)
c) Do nothing - just be prepared to either reset the short order at the stop-out point if the price goes up again or look for entirely new set up if the price drops back below your original entry point.
d) none of the above...in which case I'm all ears
I'm a huge fan of this concept and am trying to incorporate it into my own trading style.
Thanks very much.
Ken
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Hi Ken,
Firstly, as I said previously to mbalta01 (in post 750), if you have one of these "shake-out", you accept that on very rare occasions, this may happen.
What you do, is sit back and take a look at the situation and decide if you want to enter a brand new trade... then have a break for one day... If you still want to enter the trade 24 hours later, then you should enter the trade. (the 24 hour break stops you taking "revenge" trades).
When you have decided, with a clear and unbiased mind that you want to get back in,then you can get back in at either a) , b), c), or d) outlined in your post...
Secondly, as I have said repeatedly, I don't want everyone to get all carried away and thinking that the A-H strategy is anything exceptional.
It is basically just two components combined into an action plan. They are:
1. A DEFINITE stop loss position (that is, 50 pips trailing from the highest point after a trade is entered)
2. A DEFINITE action plan to recoup any losses (by buying back in at point of Trailing stop loss... for losing trades ONLY...and after the market has dropped and is now coming back in the correct direction).
Again, as I have said repeatedly, I am not doing anything different from what all the good books say.
TO EVERYONE.....I am repeatedly amazed how some people make something so easy, into something sooooo difficult !!!
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Aug 6, 2007 4:54am
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Quote:
Originally Posted by howard
I believe Jacko is using tick by tick trailing stop not stepped trailing.
Those traders using MT4 can only have tick by tick trailing stop and their computer and MT4 should be running all the time for the trail to work.
Those using FXCM or other brokers with the same application can set stepped trailing stops at different intervals, a further advantage is that the stops will be residing on the brokers' servers therefore thay can shut their computers down and the trailing stops still working for them
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TO EVERYONE.....I am repeatedly amazed how some people make something so easy, into something sooooo difficult !!! I am starting to get exasperated......
To everyone,
I am a technoMORON.....I do NOT trust computers...
I would not know a MT4 if it jumped up and bit me on the ass !!!!!!
I put my trailing stops in manually every couple of hours. If I am not around, then Mark (my ex-broker) has my access codes to each of my four sets of accounts and can adjust them. If there is a sharp move, then one of the traders at Mark's old brokerage gives him (or me) a quick phone call to give us a heads up. (this little service ensures that we continue to trade with that company).
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Aug 6, 2007 11:45am
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Quote:
Originally Posted by jacko
Update on this trade:
1.3838 is now the highest point since purchase.
Trailing Stop loss currently at 1.3788 (1.3838 - 0.0050 = 1.3788).
At the absolute worst, I will I will make a minimum of 88 pips profits less
expenses. (1.3788 - 1.3700 = 88).
I am considering turning these into "buy and holds" by increasing Trailing Stop Loss from 50 pips to 100 pips. Not sure yet, am keeping 50 pips there for a little while.
Also, should price drop to 1.3750, I am a buyer.
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Market at 1.3790. Am about to be stopped out at 1.3788 for 88 pip profit.
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Aug 10, 2007 2:33am
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1.3650 Again...
A bit late in posting but 1.3650 was good buying (again !!). Market currently at 1.3672.
If it dips back into the 1.3660's again, then it is a good "probability-positive" trade.
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Aug 10, 2007 10:36am
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Quote:
Originally Posted by jacko
A bit late in posting but 1.3650 was good buying (again !!). Market currently at 1.3672.
If it dips back into the 1.3660's again, then it is a good "probability-positive" trade.
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Have been in and out of this market today.
Got in at 1.3650-1.3655.
Market moved to 1.3701 (Feelin good !!)
Then dropped. (Not feelin so good !!!)
Trailing SL was at 1.3651 but, given the rapid rate of drop from 1.3690, I closed out at just above B/E. (Feelin disappointed !!!)
An hour later, egged on by Mark and Newbie and feeling a bit brave, I am back in at 1.3650 (but not feeling real confident !!!)....
Market is very choppy and volatile.
Four hourly trend line cracked at 1.3700 and market has been bouncing between 1.3700 and 1.3650 ever since.
Still happy to buy at 1.3650, but might grab some short term cash on updrafts.
Am also a buyer at convincing break of 1.3700.
Stop losses are VERY VERY important in this market, because you just don't know which end it is going to blow out.
I still believe in the weak $$$ argument.....the US $$$ Trillion debt hasn't magically disappeared....and it is still increasing EVERY month.
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Aug 12, 2007 9:03am
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Quote:
Originally Posted by smjones
Time to do some house keeping... Come on guys, this is after all Jacko's JOURNAL thread so leave off all the how do I stuff. I am going to remove all of those posts.
Sorry about that Jacko. I hope we are back on track now...
Thanks
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Hi smjones,
Thanks for cleaning up the thread.
I must admit that it wasn't causing me any problems, because I would just skim through and see if there was anything interesting that needed a reply.
However, I could also see that if someone wanted to read the "serious" stuff, then they had to wade through a bit of "newbie" questions that were making it a bit of a mess.
So, again, thanks for your actions. It is looking much cleaner. Maybe you need to put your cleaner through this thread periodically. Feel free to do so.
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Aug 12, 2007 10:07am
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Quote:
Originally Posted by diallist
Jacko,
Thank you for this post. It is this detailing of your thoughts on how you apply your simple rules that is most valuable. From posts like this, readers can, over time, learn to see things as YOU do.
Posting after the fact is just fine. You don't have to post at the time of trade just for the sake of your reputation. You've already done that at the other forum, so post freely here as you desire. This is YOUR journal, and at Forex Factory, the owners of journals are the masters. If necessary, (as demonstrated by mod=smjones), any posts you don't want can be deleted.
You are the master of this ship, and it will sail only on the course you set, to allow you the freedom to help others in the way you deem best.
Dial
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Hi Diallist,
Thanks for your welcome remarks. As seen in the post above, I am quite happy to leave it to smjones (and any of the other moderators) to keep the thread in optimal condition so that it best serves the FF community.
I don't tend to post too much because I don't tend to change course very often. (I trend trade and tend to only trade in the one direction...long Euro...and would rather be " out of the market" than trading " short term against the trend").
By trading that way,
1. I can ride the long trends, like the 500 pips from 1.3300 to 1.3800 (Hugely profitable trade for me)
2. When it is range bound,like at the present time, I try to only buy at the bottom of where I believe it wants to go...then sell at the upper limits of the range (Currently, I still think that 1.3650 is the strong resistance point and will buy again if it goes back there on Monday ...which I think it will do. And 1.3700 is a nice sell point). Hopefully I can do this a couple more times before the market breaks...and breaks, hopefully, in an upward direction.
3. One thing that I WON"T do....is to short the Euro in this market.... much too risky for me... maybe if it punches solidly below 1.3600 I may consider having a re-think.
From a Fundamental aspect (the boring stuff):
To short the Euro is a hard-to -understand decision:
1. Trade Deficit is US Trillion + and growing. (July 07 was second highest monthly trade imbalance with China...it is just getting closer and closer to reckoning day...). It just keeps getting worse !!!
2. While the sub-prime mess has its tentacles into Europe, it is still, mostly, a US problem. This augurs badly for US $$$$ in the near term.
3. GWB is still spending like a drunken sailor on Iraq to attempt to improve his profile for History. (What a disaster of a President he has turned out to be.... easily the worst President in history !! ) And he has 18 months of his Presidency left !!
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Aug 12, 2007 9:15pm
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Quote:
Originally Posted by Xenjin
Thanks for this useful information. I was holding onto trades that I was up 200 pips on for euro, but I didnt sell even though it was a range bound market and it hit the top of the range. This will protect the extra 50 pips you lose with the trailing stop (by exiting early on top of the range).
Is that correct?
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Hi Xenjin,
Yes you are correct. (Plus, don't kick yourself too hard... 1. no-one knows at the start when a trend will range and 2. no-one knows how long it will range and 3. no-one knows when it will end).
The issue that then arises is, "How do I catch the trend again when it breaks out of the range?"
The answer is that you place a buy stop order at, say, 1.3750 and let it get picked up on the way out of break out.
You have still missed out on 50 pips ( 1.3750 - 1.3703 assuming that it is breaking out above the current range limit of 1.3703.) However, you are hoping for multiple ranging trades where you are collecting the 50 pips saved by selling at the top of the range. Also, you can bring your order closer to the ranging upper limit but you run the risk of "false break-outs". But that is a decision that you can make based on your risk profile. (Or sense of greed...LOL)
However, remember, very important.... you make much, much more money from being in the trend so make sure that you have your orders set in place to buy above the range. Otherwise the market will break quickly and you will miss it. (Then you have all the psychology issues of 1. Kicking yourself for missing the break out and more importantly, 2. Not wanting to get back in because "you could have got in cheaper" )
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Last edited by jacko, Aug 12, 2007 9:27pm
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Aug 13, 2007 12:13pm
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Quote:
Originally Posted by cologg
First post here. Great stuff Jacko.
Isn't the attached chart valid in terms of waiting for the retrace to 50% and then buying?
Cheers
Colin.
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Hi cologg,
I am in at 1.3650. So I am currently underwater 25 pips. Came close when it dropped to 1.3605. (I thought I was a goner...).
But just letting the trade play itself out.
I am not feeling real confident about the trade but I have been in this situation before and some been have losses but some have turned around and went into profits. I am prepared to let this trade have till 1.3600 then its gone.
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Aug 13, 2007 1:50pm
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Quote:
Originally Posted by cologg
First post here. Great stuff Jacko.
Isn't the attached chart valid in terms of waiting for the retrace to 50% and then buying?
Cheers
Colin.
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Hi cologg,
I have just re-read your post and realised that I hadn't answered your question properly. (Sorry but I was a bit distracted earlier).
Waiting for the retrace to 50% was certainly an option that I could have taken but I was thinking that 1.3650 would hold strong. If 1.3650 does hold strong (and I am not stopped out at 1.3600) then I have made the right decision.
If it blows through 1.3600, then I will have been wwwwwrong and i will then evaluate whether:
1. To go long again at 1.3550 (50% Fib)
2 Or decide if the trend has changed to the short side of the road.
Furthermore, I am a trader. My "business" is to trade. Waiting for the 50% retracement (and not trading until that happens) did not give me as much confidence as I had in trading at 1.3650.
If I am stopped out, then I can only look back and ask myself "Did I do the best trade, given all the information available to me at the time?" At the present time, I don't believe my trade was foolish.
Besides it may turn profitable, even though it is looking rather sick at the moment (29 pips underwater now).
However, this is Forex and it is a volatile market especially given the dramas being played out in the sub-prime markets in the last 48 trading hours.
We have set our game plan...we are now just playing the game out.
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Aug 13, 2007 1:56pm
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Quote:
Originally Posted by diallist
Hi cologg,
Yes, as I understand it, your assessment is correct; buy at the 50% retrace.
But, 50% is only one of the ways to enter. Jacko also enters at significant support, which is part of the reason for the 3650 buy. This trade is currently negative, BUT, there is a RTS (Resistance Turned Support) around 3608, which if price bounces off of it, may turn the trade around into a winner.
My understanding is that Jacko takes entries in the order they appear, so the 3650 buy would occur before the 50% buy.
JACKO!! If I'm wwwwrong <hehe>, then PLEASE correct me as I don't want to mislead anyone.
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Hi diallist,
I have just seen this post...you must have posted it as I was writing mine (I am a VERY slow typist)....Also your response is much more succinct and to the point than my long winded response. Everything you have said is correct.
I am hoping that it bounces, but I am not really that confident that I am on a winner with this trade.
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Aug 13, 2007 10:32pm
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Quote:
Originally Posted by jacko
Hi cologg,
I am in at 1.3650. So I am currently underwater 25 pips. Came close when it dropped to 1.3605. (I thought I was a goner...).
But just letting the trade play itself out.
I am not feeling real confident about the trade but I have been in this situation before and some been have losses but some have turned around and went into profits. I am prepared to let this trade have till 1.3600 then its gone.
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Market bottomed at 1.3601. Still in there (but there are claw marks on the wall where the market tried to drag me under...LOL). The sun is still shining on me.
Feeling better at current market price of 1.3615 but still have this feeling that this trade is doomed.
I will let it play out. |
Aug 14, 2007 11:12am
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Quote:
Originally Posted by jacko
Market bottomed at 1.3601. Still in there (but there are claw marks on the wall where the market tried to drag me under...LOL). The sun is still shining on me.
Feeling better at current market price of 1.3615 but still have this feeling that this trade is doomed.
I will let it play out.
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This trade died an ignomious death..... RIP 1.3650 trade....but don't cry for this fallen soldier (trade)....he will be resurrected...Hallelujah, brother.....sometime in the future....Hallelujah, brother......that is what the A-H strategy will do for this fallen, but not forgotten soldier....Hallelujah, brother !!!!!!
I am taking a break for a while. Be back in maybe 24 hours
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Aug 15, 2007 10:50am
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Quote:
Originally Posted by erkro
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Hi Jolimoney!
Thanks for asking this question again, please read my post 565. I could not understand that nobody was asking that question. Of course I trade on my own gutfeeling, but it would be interresting how Jacko, who is the real master in this strategie is handling it.
Regards Erkro
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Hi erkro,
I apologise for not answering your post 565. I was a little distracted by another matter and didn't really read it properly.
However, I will reply to jolimoneys post above, (but remember that I type VERY slowly...). I will draft a reply now
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Aug 15, 2007 11:35am
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Quote:
Originally Posted by jolimoney
At last i have manage to read thru all the pages... it sertently took time, but is was worth it...
People tend to make easy things hard to master... might be the nature of human kind. Who knows...
I think that this way to trade could be profitable for anyone who use it.
But Mr. Jacko.... i have some tought that i would find intresting to find out what you think about.
It's about the Anti Hedge strategy.
First i would like to make some quotes from Mr. Jacko
As one can see there is some rules to follow to use this strategy.
1. Enter on dips
2. Enter at round numbers
3. Enter at 50% fib.
4. Only enter in the major trend for the TF one choose.
But what about priotity then...?
Wich enter-setup is more imoprtant then another?
Let's say i enter at the round numer 1.3400. Set my SL at 1.3350 as trailing.
The price goes to 1.3417 (my SL is now at 1.3367) but there the price turns and retrace al the way back to my SL at 1.3367 and i lose 33 pips.
The price moves even lower by the required 50 pips. By now the price is 1.3317 and i place my buy order at 1.3367 (the price i was stoped out).
BUT...the price moves even lower... it reaches all the way back to 1.3266.... let's now play with the tought that 50% fib is around 1.3285...and ofcourse we have the round number at 1.3300.
Now we have a buy order at 1.3367 accordingly to the Anti Hedge strategy... and remeber that the AH is far far far more important...
But we also have the other enter-setup to take in considiration.
I.e. The enter of 50% fib. and the enter of round numbers.
So in this case.... what would be the best to do? Enter at 50%, the round number or just wait till it hits my buy order?
I suppose you trade this with discration. But for some FX-trader there is lack of experience that makes it difficult to use discration... or gut feeling.
Therefore it would be good to know what priority the enter-setup has in the above mentioned exemple.
Regards / JoLi
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Hi Jolimoney,
I have tightened up the spacing on your post and highlighted the numbers to try to explain your questions more clearly.
Firstly, I do not trade a "purely mechanical" program or system.
I use my discretion.
However....I believe that I use that discretion in a logical and rational way (which may appear mechanical...see example below).
Secondly, lets use your example above to demonstrate what my thinking processes are in such a situation (in this case, I am assuming that I am still believing in the "long" trend, but that the market is retracing/correcting downwards)
In your example, the market has:
1. Set off the "long" trade at 1.3400
2. Market rises to 1.3417 (dragging Trailing Stop Loss up to 1.3367)
3. Market falls to 1.3367 (triggering TSL at 1.3367) Loss of 33pips incurred
4. Market continues to fall to 1.3317 (A-H strategy kicks in. Stop Buy order placed at 1.3367)
5. Market continues to fall to 1.3266
6. We now have two extra entry points (round number of 1.3300 and the 50% Fib at 1.3285)
The question that you have asked is which are the higher priority entry points....1.3367 or 1.3300 or 1.3265
Okay....its really an issue of YOUR individual risk profile and how much you want risk safety (or confirmation that the old trend is still in force) for bigger potential profit .
In this example,
1. the safest option is to wait for the A-H trigger at 1.3367 because it is the point that has the strongest confirmation that the correction has completed and the major trend has re-asserted itself.
2. the second safest option is the round number of 1.3300 because it will have a strong (but not the strongest) confirmation that the correction has completed and the major trend has re-asserted itself.
3. the least safest option, in this example, is the 50% Fib at 1.3285
However, as can seen from the above, the potential profits of option 1 is 82 pips lower than option 3.
So again, I say, its really an issue of YOUR individual risk profile and how much you want risk safety (or confirmation that the old trend is still in force) for bigger potential profit.
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Aug 15, 2007 11:53am
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Quote:
Originally Posted by jolimoney
....................
Now we have a buy order at 1.3367 accordingly to the Anti Hedge strategy... and remeber that the AH is far far far more important...
But we also have the other enter-setup to take in considiration.
I.e. The enter of 50% fib. and the enter of round numbers.
So in this case.... what would be the best to do? Enter at 50%, the round number or just wait till it hits my buy order?
I suppose you trade this with discration. But for some FX-trader there is lack of experience that makes it difficult to use discration... or gut feeling.
Therefore it would be good to know what priority the enter-setup has in the above mentioned exemple.
Regards / JoLi
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Hi Jolimoney,
There was another point that I felt that you have mis-interpreted me...where you seemed to infer that there may be cases where a round number or Fib number would be a higher priority than the A-H number.
I think that you have missed the point: the A-H strategy is:
1. A DISCIPLINED ACTION PLAN
2. to ENSURE THAT AS A TRADER, YOU GET BACK INTO THE MARKET (very important if you have been stopped out of your last trade)
3. PLUS IT ENSURES THAT YOU GET BACK IN AT THE POINT OF WHERE YOU WERE STOPPED OUT (therefore recouping all and any losses)
4. PLUS IT PUT YOU BACK IN THE MARKET IN THE DIRECTION OF THE MAJOR TREND.
For me, as a trader, it is ALWAYS in place. However, that does not preclude me from taking trades at other levels if I want to increase my risk profile (that is, if I am feeling greedy !!!!)
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Aug 15, 2007 1:04pm
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One final point, then I will stop posting and taking up valuable ForexFactory broadbandwidth.
When I want to go "long" but the market is in a (hopefully temporary) decline/retracement, I try not to catch a "falling knives". I prefer to let the market show me that it HAS turned.
Having said that, the market is very delicately balanced on the 300 bar daily trend line with touches at 1.2483 (Oct 13 2006), 1.3262 (June 13 2007) and 1.3455 (Aug 15 2007).
The market is currently at 1.3464 after bottoming (?????) at 1.3456. The market touched 1.3503 some two hours ago. If it hits 1.3500 again, I am a buyer.
A BIG CALL !!!!!!!!!
I believe that a stop Buy 1.3500 is a good buy. Certainly worth a trade.
However, I could be wwwwwrong !!!!
PS I am betting using some of my 500 pip winnings (from 1.3300 to 1.3800). So far, I have given 50 pips back (1.3650 to 1.3600). I am prepared to now risk another 50 pips that 1.3500 on the second touch is a good buy.
If it doesn?t touch 1.3500, then I can cancel the trade.
Alternatively, if it stays where it is or goes lower and doesn?t hit 1.3500 within the next couple of hours, then I may even consider changing to a seller
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Aug 16, 2007 1:13pm
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Quote:
Originally Posted by jacko
One final point, then I will stop posting and taking up valuable ForexFactory broadbandwidth.
When I want to go "long" but the market is in a (hopefully temporary) decline/retracement, I try not to catch a "falling knives". I prefer to let the market show me that it HAS turned.
Having said that, the market is very delicately balanced on the 300 bar daily trend line with touches at 1.2483 (Oct 13 2006), 1.3262 (June 13 2007) and 1.3455 (Aug 15 2007).
The market is currently at 1.3464 after bottoming (?????) at 1.3456. The market touched 1.3503 some two hours ago. If it hits 1.3500 again, I am a buyer.
A BIG CALL !!!!!!!!!
I believe that a stop Buy 1.3500 is a good buy. Certainly worth a trade.
However, I could be wwwwwrong !!!!
PS I am betting using some of my 500 pip winnings (from 1.3300 to 1.3800). So far, I have given 50 pips back (1.3650 to 1.3600). I am prepared to now risk another 50 pips that 1.3500 on the second touch is a good buy.
If it doesn?t touch 1.3500, then I can cancel the trade.
Alternatively, if it stays where it is or goes lower and doesn?t hit 1.3500 within the next couple of hours, then I may even consider changing to a seller
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Well, the Market didnt rise up to 1.3500 for a second touch. However, I have left the 1.3500 stop buy in place.
ANOTHER BIG CALL !!!!!!!!!
I haven't gone "short"...and don't intend to go "short"...for a couple of reasons:
1. I think the opportunity passed me by, firstly when I didnt go short on the break of the 4 hr trend line at 1.3700 and secondly when I didn't go short at the break of the daily trend line at 1.3450. (Aaah but.... 20 / 20 hindsight is a beautiful thing).
2. I dont want to "chase" the opportunity and be hustled by the "irrational (negative) exuberance" of the current market.
3. My instinct/experience/gut feeling is that we are closer to the bottom of this fall than everyone thinks. I get the feeling that we were at the brink of something very serious but we have now pulled back from it.
4. Unless those smart-ass Wall St idiots have set off a truly financial nuclear weapon of mass destruction bomb, then I consider that this market may be getting close to its bottom.
5. I am not trying to say that now is a good time to buy (1.3400 is too uncertain a risk for me, but I may lower my Stop Buy to 1.3450 later)....or that the market won't go lower in the very short term...but what I am thinking is that the MAIN danger MAY have passed.
If that is the case, the relief rally (when everyone sighs a big sigh of relief and cheers each other), will be quick and intense.
6. In light of the above, I don't, at this stage, intend taking any "shorts" but will be looking to lower my Stop Buys if this market goes lower
7. Put bluntly, I didn't react quick enough to "short" the correction at worthwhile levels. However, I think that this downward correction is dying.
PLEASE NOTE I could be wwwwwrong !!!! |
Aug 16, 2007 1:45pm
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Quote:
Originally Posted by diallist
Thanks Iso,
Yes, I saw that post (read the whole thread) but, if he trades off the charts, then really, what is the point of his strong emphasis on the continuing weakness of the dollar? If the chart trumps the fundies every time, then why bother with the fundies at all, much less having such an emphatically strong opinion of them?
In other words, what is the point of his strong fundies opinion if it doesn't actually factor into his trading?
Dial
P.S., I've combined Jacko's method with James16's stuff as well as some of my own stuff to get a much clearer determination of the highest probability entries. Making bucks big time!! Thanks Jacko, Jim and me. <hehe>
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Hi Diallist,
This is another question where someone is asking whether i have "concrete, never-to-be-changed, purely mechanical" rules, (similar to the questions about any "rigid rules" for priority in regard to 50% Fibs, round numbers and trend lines).
Again, I try to think in a logical and methodical way.
1. I only use the Charts in the normal day to day trading environment.
2. In situations like this Credit meltdown, I tend to let the Fundies intrude on my thinking. (perhaps a little too much....maybe if I had worked ONLY with the Charts, I might have gone short at 1.3700 or even 1.3450...but who knows....it is all 20 /20 hindsight now....PLUS I always tell myself that I did whatever I did because at that time, it was the right thing to do).
3. Also, my personality style is such that I want to know what is happening in the "business" that I am in.
I don't know if I have answered your question but I have tried.
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Aug 16, 2007 10:03pm
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Quote:
Originally Posted by turnip15
DIALIST:
But Jacko gives his thoughts and method /style of trading for FREE.......No need to pay for Jame's course or any other profit making course course on this site.
Thanks Jacko for sharing your knowledge at no charge.
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Hi turnip15,
I give it for free.......because nobody would pay for it.
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Aug 20, 2007 1:42am
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Quote:
Originally Posted by jacko
Well, the Market didnt rise up to 1.3500 for a second touch. However, I have left the 1.3500 stop buy in place.
ANOTHER BIG CALL !!!!!!!!!
I haven't gone "short"...and don't intend to go "short"...for a couple of reasons:
1. I think the opportunity passed me by, firstly when I didnt go short on the break of the 4 hr trend line at 1.3700 and secondly when I didn't go short at the break of the daily trend line at 1.3450. (Aaah but.... 20 / 20 hindsight is a beautiful thing).
2. I dont want to "chase" the opportunity and be hustled by the "irrational (negative) exuberance" of the current market.
3. My instinct/experience/gut feeling is that we are closer to the bottom of this fall than everyone thinks. I get the feeling that we were at the brink of something very serious but we have now pulled back from it.
4. Unless those smart-ass Wall St idiots have set off a truly financial nuclear weapon of mass destruction bomb, then I consider that this market may be getting close to its bottom.
5. I am not trying to say that now is a good time to buy (1.3400 is too uncertain a risk for me, but I may lower my Stop Buy to 1.3450 later)....or that the market won't go lower in the very short term...but what I am thinking is that the MAIN danger MAY have passed.
If that is the case, the relief rally (when everyone sighs a big sigh of relief and cheers each other), will be quick and intense.
6. In light of the above, I don't, at this stage, intend taking any "shorts" but will be looking to lower my Stop Buys if this market goes lower
7. Put bluntly, I didn't react quick enough to "short" the correction at worthwhile levels. However, I think that this downward correction is dying.
PLEASE NOTE I could be wwwwwrong !!!!
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To everyone,
This is one of those awful, and most dreaded, posts. It is a post AFTER I have done a transaction.
For those of you who are cynical of such posts, Please stop reading as I do not want, or need, a barrage of complaints.
For anyone who wants to read on, please feel free to treat this post from an informational point of view only.
I also want to emphasise that no bragging rights attach to these trades.
OK.....
As outlined above, I was NOT a short and I thought that the market was close to a turn.
We then watched the market have an "exhaustion spike" ( from experience, I have noticed that when a fast moving market has approached a top or a bottom it will have an extreme spike which usually is a sign that a turnaround is in place).
If you look at any of the short term time frames (eg 15 mins) you will see a quick and deep spike down to 1.3359. At that point, I "thought" that maybe we were seeing a bottom. But we decided to stay out until more proof was available.
Twenty one hours later, Mark called me to say that another spike had occurred to 1.3367. (in other words, a spike... but not as low as the previous one). That to us, was the sign of market strength that we were looking for. We bought at 1.3400. (As I was away from my computer, Mark placed the trades and I didn't have the opportunity to post it here).. . Anyway, the point is NOT to try to get bragging rights....this post is just intended to explain what I did and why.
Having said that, lets see what then happened with this trade.
Market went to 1.3500 ... I added more
Market peaked at 1.3545...Trailing stop loss placed at 1.3495 (1.3545 - 0050 = 1.3495)
All trades stopped out at 1.3495
I am now flat with no market positions.
As I have said, I apologise for not posting at the time of the trade but it was not possible. Also, I know that it invites scepticism of my trading integrity. However, I consider that my "approach or reasons" for the trade is of some value, especially to some of the more experienced traders here.
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Aug 20, 2007 1:52am
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To everyone,
Even though this is not a live trading thread I will try to outline, in advance, what I trade.
This week, I am looking to go long on the euro again.
However, I think that I can buy them cheaper than the current price of 1.3500. (I don't think that we will see a lower low than than 1.3370...but I can see a possible small retracement)
But....I could be wwwwwrong !!!!
But I am a buyer at 1.3450.
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Aug 20, 2007 11:17am
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Quote:
Originally Posted by jacko
To everyone,
Even though this is not a live trading thread I will try to outline, in advance, what I trade.
This week, I am looking to go long on the euro again.
However, I think that I can buy them cheaper than the current price of 1.3500. (I don't think that we will see a lower low than than 1.3370...but I can see a possible small retracement)
But....I could be wwwwwrong !!!!
But I am a buyer at 1.3450.
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The euro is sliding s l o w l y down.
I am waiting for it to go through 1.3450, then will buy as it is heading back up. (I don't want to catch a falling knife). I am still a buyer at 1.3450 (from a lower price ).
Really fuzzy thinking: It may fall to 1.3510-15 then rise up. If it hits 1.3400 again I will buy it even on the way down (I will take the risk on the falling knife at that price)
(I don't believe that this market will fall below the two spike lows of 1.3359 or 1.3367...if it does then I will re-evaluate this whole market move)
PLEASE NOTE: Having said that I think the market may fall, I STILL would not short this market at the current time. I STILL believe the upside far outweighs the downside.
However, as always, I could be wwwwrong !!
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Aug 20, 2007 11:25am
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Quote:
Originally Posted by jacko
The euro is sliding s l o w l y down.
I am waiting for it to go through 1.3450, then will buy as it is heading back up. (I don't want to catch a falling knife). I am still a buyer at 1.3450 (from a lower price).
Really fuzzy thinking: It may fall to 1.3510-15 then rise up. If it hits 1.3400 again I will buy it even on the way down (I will take the risk on the falling knife at that price)
(I don't believe that this market will fall below the two spike lows of 1.3359 or 1.3367...if it does then I will re-evaluate this whole market move)
PLEASE NOTE: Having said that I think the market may fall, I STILL would not short this market at the current time. I STILL believe the upside far outweighs the downside.
However, as always, I could be wwwwrong !!
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Sorry. The above post wasn't very clear...will try again...
1. I am a buyer at 1.3450 (from a lower price)
2. so, when (or if) market hits around 1.3420, I will activate a stop buy at 1.3450
3. If market continues to fall to 1.3400 I will buy at 1.3400 (and then cancel stop buy at 1.3450). Trailing stop loss will initially be set at 1.3350 (which is below previous lows).
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Aug 21, 2007 12:06pm
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Quote:
Originally Posted by ianf0ster
A big to THANKS to you Jacko,
.................
What we really appreciate the way you are so generous with your thoughts on the market and the little details as to how you formulate your views. These are so valuable to even the more experienced of us. I know that there are a lot of people out there charging big bucks for systems or signals which barely break even over the longer term.
Thanks once again,
Ian
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I give it for free.......because nobody would pay for it.
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Aug 22, 2007 1:11am
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Quote:
Originally Posted by FXHolic
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Hi FXholic,
This is my fundamental overview that colours my thinking about the long term USD market.
I definitely believe that the $USD is going to weaken over the next few months. As I have stated before, my long term target over the next 12 months is 1.4500.
I have also just read an article which mirrors my own thoughts on what I believe is the big-ass "wild card" for currencies in the near future. (I was actually wondering when someone else would see the parallels in the current situation)
http://www.dailyfx.com/story/tophead...720474353.html
After the trashing of the Asian economies by the US led World Bank and IMF some ten years ago, the situation has totally turned around. China and Asia have truly awesome financial muscle which they have never flexed. However, they haven't forgotten all the enormous economic devastation that the US banks did to all the Asian economies
As I said in my initial posts (see post 8), I believe that there has been a seismic shift in the "strength" of the US dollar as the worlds primary currency.
This seismic shift moved the USD from 1.2000 to 1.3800.
I now believe the next step in this seismic shift will move the US dollar from its current figure of 1.3400 to 1.4500 within 12 months
Our foolish politicians have irresponsibly squandered the enormous wealth of the US on stupid follies (Can anyone put their hand on their hearts and say that the people of Iraq are better off today than before we went in chasing "mythical" weapons of mass destruction? We have totally destroyed a country for no "justifiable" reason and sent their people back to the stone age living standards. Congratulations, George W....the rest of the world salute you.)
Also, due to the Asian meltdown, the Iraq situation, and also now the Credit meltdown caused by dishonest US bankers, the US is fast losing the trust and "good faith" of the world's political elite and the worlds major business players.
When the sh*t hits the fan, don't expect the rest of the world to want to bail us out.
The USD is going to get into trouble sooner and worse than people think.
But....I could be wwwrong !!!
.
Last edited by jacko, Aug 22, 2007 1:28am
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Aug 26, 2007 11:22am
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Quote:
Originally Posted by jacko
To everyone,
Even though this is not a live trading thread I will try to outline, in advance, what I trade.
This week, I am looking to go long on the euro again.
However, I think that I can buy them cheaper than the current price of 1.3500. (I don't think that we will see a lower low than than 1.3370...but I can see a possible small retracement)
But....I could be wwwwwrong !!!!
But I am a buyer at 1.3450.
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Hi,
Well, last week was interesting......
The market drifted down to a low 1.3449 which was one pip below my 1.3450 buy price then proceeded to power upwards to 1.3672 before closing at 1.3666.
Unfortunately, because I am not sure if anyone here (esp. newbies) are using my posts as a basis for trading, I then took a more conservative approach and suggested that it would be better to wait until the market had fallen to around 1.3420. That was not the best advice I have ever given, but since I would not like anyone to lose money because of anything I say or do, I would rather err on the side of caution. (I would definitely rather be out of a market rather than be in a market on the wrong side).
Having said that, I did manage to grab a good positional trade, but not at as low a price as I would have liked. Still, something is better than nothing. It was at a price that was acceptable to me (and my risk factor), but not one that I would have recommended here.
So............., it is just as well that I give these posts for free....because nobody would pay for it.
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Aug 26, 2007 11:41am
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Quote:
Originally Posted by jacko
This trade died an ignomious death..... RIP 1.3650 trade....but don't cry for this fallen soldier (trade)....he will be resurrected...Hallelujah, brother.....sometime in the future....Hallelujah, brother......that is what the A-H strategy will do for this fallen, but not forgotten soldier....Hallelujah, brother !!!!!!
..................
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Some of you may remember this trade (see posts 557 and 564 and 575).
In summary, I bought at 1.3650 and was stopped out at 1.3600.
However, Hallelujah, brother !!!!!!....
the soldier was not dead......Hallelujah, brother !!!!!!....
he was only temporarily injured.....Hallelujah, brother !!!!!!....
and, given some serious "anti hedging" medicine, he is back in action at 1.3600...... Hallelujah, brother !!!!!!
Since the market is now at 1.3666, I have recouped ALL my losses from this earlier trade and am now in profit (by 16 pips).......and hopefully, in the trend in the right direction.
Hallelujah, brother !!!!!!....
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Aug 26, 2007 12:08pm
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To everyone,
Even though this is not a live trading thread I will try to outline, in advance, what I trade.
This week, I am ...(surprise,surprise)... looking to go long on the euro again.
However, I currently have two sets of trades, one in the low 1.3500's and one at 1.3600 (A-H trade). Both have the trailing stops at 1.3631 (1.3681- .0050 = 1.3631).
As a result I am heavily invested. But I also believe that we are in the "sweet spot" of this trend. I believe that any downsides are VERY limited and that this week we will see 1.3800+ towards the end of the week.
However, I also think that I may buy them cheaper than the current price of 1.3666. (I don't think that we will see a lower low than than 1.3550...but I can see a possible small retracement)
But....I could be wwwwwrong !!!!
But I am a buyer at 1.3650.
.
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Aug 27, 2007 4:17am
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Quote:
Originally Posted by jacko
To everyone,
Even though this is not a live trading thread I will try to outline, in advance, what I trade.
This week, I am ...(surprise,surprise)... looking to go long on the euro again.
However, I currently have two sets of trades, one in the low 1.3500's and one at 1.3600 (A-H trade). Both have the trailing stops at 1.3631 (1.3681- .0050 = 1.3631).
As a result I am heavily invested. But I also believe that we are in the "sweet spot" of this trend. I believe that any downsides are VERY limited and that this week we will see 1.3800+ towards the end of the week.
However, I also think that I may buy them cheaper than the current price of 1.3666. (I don't think that we will see a lower low than than 1.3550...but I can see a possible small retracement)
But....I could be wwwwwrong !!!!
But I am a buyer at 1.3650.
.
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It is 9.11 GMT. London has just opened. Market at 1.3660
Have decided that the market may show a little weakness early.
Just closed all positions at 1.3660.
Have revised my buy target to 1.3600
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Aug 27, 2007 6:00am
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Ciao Adelmonora
See answers below
Quote:
Originally Posted by adelmonora
hi mr jacko, first sorry for my bad english...
... i have 2 question for you.
The first is: ok you trade the big trend and now there is a big trend on the €/$ that is start from about the middle of 2001. I wasn't trading forex in 2001. I started trading forex very late in 2005
but in this period i see many big downtrends, In late 2005 until March 2006 I was a strong seller of Euro. If you read my original trading journal at DailyFX, you will see that I was a strong seller.
Also see post 8 here on FF
If your opinion is to go long on €/$ what do you do in this downtrend?
did you try to trade it or do you simple skip? However, in the current bull Euro market, I don't try to trade the "short" side. I skip it. I would definitely rather be out of a market rather than be in a market on the wrong side, so I go on holidays with the wife.
If you trade it how? Having said that, sometimes I will have a little play on the short side, just for fun, but small and VERY quick trades only
the second question is: i see your Anti-Hedging strategy if i understand correctly, you buy at 1.3500 ,stop at 1.3450 then if the € go to 1.3400 you go in loss, and put an other buy order at 1.3450 and wait the return at this price, but i don't understand for how many time the order is valid, if at 1.3400 start a short downtrend for about 3 month, do you cancel that order?
No.... orders are GTC (good till cancel) and I check them weekly.
Thank you and sorry again No need to apologise, ...my Italian is appalling.....
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Aug 27, 2007 11:58am
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Quote:
Originally Posted by trevwest
Hi Jacko,
Do you think you will be "catching the knife" at 1.3600 or waiting for a break below 3600 and price to come back up?
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Don't know yet.
I am waiting to see what the market is going to do over the next 4-6 hours. It looks as though those damn proper Brits with their strange accents may have gone weak at the knees on selling the euro.
Damn shame, old chap. Pip,pip and all that nonsense. Rule Brittania....Brittania rules the waves.
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Aug 27, 2007 12:52pm
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Quote:
Originally Posted by jacko
It is 9.11 GMT. London has just opened. Market at 1.3660
Have decided that the market may show a little weakness early.
Just closed all positions at 1.3660.
Have revised my buy target to 1.3600
.
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Have revised my buy target to 1.3650
Bought back in at 1.3650.
Only one set of 150.
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Aug 28, 2007 10:29pm
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Quote:
Originally Posted by jacko
Have revised my buy target to 1.3650
Bought back in at 1.3650.
Only one set of 150.
.
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Bought at 1.3650
Market moved up to 1.3679.
Trailing Stop loss moved up to 1.3629 (1.3679 - 0.0050 = 1.3629).
Market then fell and was stopped out at 1.3629 for 21 pip loss.
Market has moved lower to 1.3579
A-H order has been placed. (Buy on stop at 1.3629)
This fallen soldier (trade) will not be forgotten
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Aug 29, 2007 1:04pm
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Quote:
Originally Posted by jacko
Bought at 1.3650
Market moved up to 1.3679.
Trailing Stop loss moved up to 1.3629 (1.3679 - 0.0050 = 1.3629).
Market then fell and was stopped out at 1.3629 for 21 pip loss.
Market has moved lower to 1.3579
A-H order has been placed. (Buy on stop at 1.3629)
This fallen soldier (trade) will not be forgotten
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Again, another of my soldiers fell to enemy (short) fire.
However, Hallelujah, brother !!!!!!....
this soldier was not dead either......Hallelujah, brother !!!!!!....
he was only temporarily injured.....Hallelujah, brother !!!!!!....
and, given some serious "anti hedging" medicine, he is back in action at 1.3629...... Hallelujah, brother !!!!!!
However, my soldiers are IMMORTAL (as long as the trend is still bullish)
Since the market is now at 1.3665, I have recouped ALL my losses from this earlier trade and am AGAIN now in profit (by just 6 pips).......and hopefully, in the trend in the right direction.
Hallelujah, brother !!!!!!....
THE WHOLE POINT OF A-H STRATEGY IS TO RE-COUP ANY AND ALL LOSSES WHEN THE MARKET IS "CORRECTING" AGAINST THE MAJOR TREND |
Aug 31, 2007 11:49am
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Quote:
Originally Posted by jacko
Again, another of my soldiers fell to enemy (short) fire.
However, Hallelujah, brother !!!!!!....
this soldier was not dead either......Hallelujah, brother !!!!!!....
he was only temporarily injured.....Hallelujah, brother !!!!!!....
and, given some serious "anti hedging" medicine, he is back in action at 1.3629......Hallelujah, brother !!!!!!
However, my soldiers are IMMORTAL (as long as the trend is still bullish)
Since the market is now at 1.3665, I have recouped ALL my losses from this earlier trade and am AGAIN now in profit (by just 6 pips).......and hopefully, in the trend in the right direction.
Hallelujah, brother !!!!!!....
THE WHOLE POINT OF A-H STRATEGY IS TO RE-COUP ANY AND ALL LOSSES WHEN THE MARKET IS "CORRECTING" AGAINST THE MAJOR TREND
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This soldier is a VERY tough soldier (must be a Marine !!). A summary of this week is:
Trade 1
Bought at 1.3650
Market moved up to 1.3679.
Trailing Stop loss moved up to 1.3629 (1.3679 - 0.0050 = 1.3629).
Market then fell and was stopped out at 1.3629 for 21 pip loss.
Market has moved lower to 1.3579
A-H order has been placed. (Buy on stop at 1.3629)
Trade 2
Market fell to a low of 1.3562 then started rising
A-H order (buy on stop at 1.3629) activated at 1.3629
Market rose again to 1.3679.
Trailing Stop loss moved up to 1.3629 (1.3679 - 0.0050 = 1.3629).
Market then fell and was stopped out (some 26 hours ago) at 1.3629 for break even.
Net loss for the week was 21 pips plus expenses.
Not nice.... because it was a loss.
Not bad... because it was a choppy market with basically a 115 pip range (1.3679 to 1.3562) during the time that I was trading. (This type of shallow choppy market is the biggest enemy of a trend trader).
Not too damaging....because the A-H strategy limited losses
In hindsight...oh I love this stuff...(I shoulda ...I woulda ...I coulda...).
I should have stuck with my original plan (post 711) and kept my buy orders at 1.3600. I would have made 29 pips from first trade (1.3629 - 1.3600) and then would have gone back in at 1.3600. I then would have made 68 pips (1.3668 - 1.3600) from second trade. Total of 97 pips profit
Sooooo......What did I learn from this weeks trades? Stay with strategy considered and established on the weekend and don't alter course prematurely due to not wanting to miss a (potentially good) trade.
. |
Sep 1, 2007 7:43am
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Quote:
Originally Posted by Dopey
One of the best pieces of advice I ever received in trading was "Only make changes to your system on a weekend."
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Hi Dopey,
Yes, I tend to agree with that advice.
. |
Sep 12, 2007 12:54pm
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Quote:
Originally Posted by jacko
Hi FXholic,
This is my fundamental overview that colours my thinking about the long term USD market.
I definitely believe that the $USD is going to weaken over the next few months. As I have stated before, my long term target over the next 12 months is 1.4500.
.................
As I said in my initial posts (see post 8), I believe that there has been a seismic shift in the "strength" of the US dollar as the worlds primary currency.
This seismic shift moved the USD from 1.2000 to 1.3800.
I now believe the next step in this seismic shift will move the US dollar from its current figure of 1.3400 to 1.4500 within 12 months
Our foolish politicians have irresponsibly squandered the enormous wealth of the US on stupid follies (Can anyone put their hand on their hearts and say that the people of Iraq are better off today than before we went in chasing "mythical" weapons of mass destruction? We have totally destroyed a country for no "justifiable" reason and sent their people back to the stone age living standards. Congratulations, George W....the rest of the world salute you.)
Also, due to the Asian meltdown, the Iraq situation, and also now the Credit meltdown caused by dishonest US bankers, the US is fast losing the trust and "good faith" of the world's political elite and the worlds major business players.
When the sh*t hits the fan, don't expect the rest of the world to want to bail us out.
The USD is going to get into trouble sooner and worse than people think.
But....I could be wwwrong !!!
.
|
I posted this on 8/22/2007 when the market was at 1.3450.
It has now reached 1.3913 (which is approx 50% towards the target) in less than one month.
I think that it may take less time than 12 months to reach 1.4500.
Go long......Go strong
. |
Sep 12, 2007 1:01pm
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Quote:
Originally Posted by jacko
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This was post no. 8 dated 04-27-07 in this thread.
I think I will be "lucky" again this year.
. |
Sep 13, 2007 11:57am
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Quote:
Originally Posted by mozzie
......................
So I thought I will run a little experiment for a few months on a demo account....results so far:
Basically started at the 13th august '07... and placed the first trade on the 17th August '07 @ 3450......then entered more or less every 50 pips, not really paying much attention to the entry and exiting by the trailing stop, and once or twice because I had plenty of pips.....and put in the AH Strategy for every loss.....
So far 6 losses and 18 wins, of which two losses were not picked up by the AH strategy as price did go past 50 pips.. therefore -100 pips (at worse case)
The other 4 losses added up to -135 pips......total losses -235 pips
4 AH strategy trades in profit added up to + 257 pips with 1 AH trade still going...
Up until current time up 803 pips since 13th august.....
At this stage the most that can be lost is 37 pips...
There was some discretion on entry and exit, but the majority of trades were entered at round numbers every 50pips, and exited by the trailing stop.
Basically I was risking 1-2% per trade, and since the trailing stop puts the last trade at break even when the next one is entered......at no time is more than 1-2% at risk.....Unless of course your stops don't get filled.
Many may say entering every 50 pips is crazy, but if you believe price is heading to 1.45, and you use the AH strategy then why not......As long as your risk management can cope....(to me it just makes sense to put on another trade once the other is in profit)
If price stops right now and reverses, will loose 1-2%, but have gained 18-20%.......not bad.
Obviously this experiment needs to run for about 1000 trades, to have a true gauge.........but so far in the last month we have had price go down , sideways and up...so at least some of the trading conditions have been experienced.
Thanks Jacko love your work......Regards, mozzie
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Hi mozzie,
An interesting experiment. A few questions:
1. How can you have six losses ?
I can understand the two losses were not picked up by the AH strategy as price did go past 50 pips. (However, two out of 24 is far,far higher than I have had)
But, given that the market has reached alltime new highs, then ALL of your anti hedges must have have been picked up, repaid and gone into a profit. So how did you get those 4 losses???
2. You also said that you " then entered more or less every 50 pips, not really paying much attention to the entry and exiting by the trailing stop".
Can you explain that a bit more?
3 You also state that " Up until current time up 803 pips since 13th august....."
Not bad for less than a months work clicking a set of computer keys.
4. You also said that you " have gained 18-20%.......not bad"
Again, not bad for less than a months work clicking a set of computer keys.
There are a couple of other little things that I could raise but they are only worth probably another 50 pips or so. (However multiply that by large dollars per pip and see if it is worth discussing)
It seems that this is a little ( ) different from how I trade but it is an interesting exercise
. |
Sep 13, 2007 12:18pm
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Quote:
Originally Posted by erkro
Hi Jacko!
I am out now and made around 20% of my account. I am no 1KT trader and am not sure if it is allowed to write for me.
...............
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Hi erkro,
I am sorry but I know almost nothing about the 1KT trader stuff. I think it is for certain traders? I am not real sure how I have become one, or what I am supposed to do, so I will just keep on doing what I am doing.
PS Congratulations on your 20% increase in your account
. |
Sep 14, 2007 12:41pm
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Quote:
Originally Posted by mozzie
...............
The point I was trying to illustrate, was even with terrible entry’s and exits, and some poor human intervention, and using no skills what so ever, you still make loads of money for about 1 minutes work a few times a day, absolutely fabulous.
My goal after this little experiment is over is to try and work out a good risk strategy to maximise profits…..with some data that has factored in mistakes…..
What kind of risk strategy do you use???? I am guessing it’s simple and effective.
Thanks for your time Jacko, you are a champion.
Regards Mozzie.
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Hi Mozzie,
Thanks for your interesting analysis above.
It is interesting that you raise the issue of risk. In the last two weeks I have been reading "Stock Market Wizards" by Jack Schwager and also a more recent (but similar) book called "Inside the House of Money" by Steven Drobny. Both of those books are excellent, with Steven Drobny's book being better for experienced traders.
As a result of reading those two books, I have had an interesting idea that I think will increase my returns by a further 25-30% for minimal risk. My ex-broker friend Mark is very excited about it....he is easily excitable !!...but he thinks that it is something special. I will be testing it out over the next couple of months and then will discuss it here, but I want to try to sort out the best way
to do the new trades to maximise my returns but limit the risk to acceptable limits. If it works, I will share the method here.
. |
Sep 14, 2007 12:53pm
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Quote:
Originally Posted by hlauw
jacko:
thanks 4 sharing your strategy . got in .3600 on 09/04, just got stopped out yesterday at .3874. my biggest gain so far. i wish i had more than 1 lot, lol
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Hi hlauw,
You got in at a better price than me. I was in at 1.3650 and again at just under 1.3800.
I was stopped out at the same price as you.
I had a little more than your 1 lot.
We both had a very profitable trade.
. |
Sep 17, 2007 6:37am
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Quote:
Originally Posted by newbietrader101
Dudes, you are missing the mark. you were stopped by the traling stop for a profit. the antihege does not apply after a profit. you can now look for a new enter point. Jacko always says to look for a place to get in cheaper than where you got out. if you got out at 3871, then just find a good price UNDER 3871. so look for 3850 or 3800. if price moves solidly upwards and it looks as tho it wont go down to 3850 then get in at 3900. but in a floating market like it is now, it will prolly go down to 3850 sometime before Bernenkes speech.
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Hi Newbietrader101,
You are correct. However, I think that it may be worth waiting until just before Mr Bernanke starts to make his statement. We may see 1.3800.
I see no reason to take a position just yet. Now is a good time to be NOT in the market.
. |
Sep 17, 2007 6:55am
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Quote:
Originally Posted by luqmanz
Hmm if I'm not mistaken, if you buy at 3900 .. you are not buying the dip. Jacko advises buying the dips.
Btw, it seems to me that 3850 is a good buy. A good dip. |
Hi Luqmanz,
You are also correct. However, I think that it may be worth waiting until just before Mr Bernanke starts to make his statement. We may see 1.3800.
I see no reason to take a position just yet. Now is a good time to be NOT in the market.
. |
Sep 17, 2007 7:51am
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Quote:
Originally Posted by trevwest
well, as i said in several previous posts... i was adding to an open position. when price reached 3900, i had 2 lots open from 3670 (an anti-hedge), 1 lot open at 3800, so i continued to ride the trend. i would have got in at 3900 regardless, i dont get a lot of time at the computer, due to work and school, so i dont have the luxury of timing entrys. i set buy stops at xx00 prices, when i believe price trends up... my win % is less, but with the anti hedge, i am well in profit.
From one of Jacko's earlier posts...
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Hi Trevwest,
You are not doing anything wrong !!!......
You are just doing things a little different.
I just prefer to be a little bit more selective when I buy. However, your strategy will still be successful.
As you have already found, your " win % is less, but with the anti hedge, i am well in profit."
No-one (Newbietrader101 or Luqmanz) is trying to criticise you...they are just trying to show you a possible better alternative.
. |
Sep 17, 2007 8:37am
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Quote:
Originally Posted by SeekingLight
I'll just pretend one of the above posts included an answer to me as well with the "We may see 1.3800" ;p
Good good..
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Sorry SeekingLight,
Just found your post. It was two pages back.
You are also correct. However, I think that it may be worth waiting until just before Mr Bernanke starts to make his statement. We may see 1.3800.
I see no reason to take a position just yet. Now is a good time to be NOT in the market.
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Sep 17, 2007 9:46am
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Quote:
Originally Posted by findcount
just wondering what i should do ......should i set any orders above or below current eur/usd price ?
the time of the interest rate announcement is several hours past my bedtime.....
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Hi findcount,
Gee....hmmmm....why not set the alarm?
Or does your fluffy teddybear that you sleep with dislike being woken up ?
Sorry, I am just joshin you....
. |
Sep 18, 2007 9:05pm
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Quote:
Originally Posted by jacko
Hi FXholic,
This is my fundamental overview that colours my thinking about the long term USD market.
I definitely believe that the $USD is going to weaken over the next few months. As I have stated before, my long term target over the next 12 months is 1.4500.
...................
As I said in my initial posts (see post 8), I believe that there has been a seismic shift in the "strength" of the US dollar as the worlds primary currency.
This seismic shift moved the USD from 1.2000 to 1.3800.
I now believe the next step in this seismic shift will move the US dollar from its current figure of 1.3400 to 1.4500 within 12 months
Our foolish politicians have irresponsibly squandered the enormous wealth of the US on stupid follies (Can anyone put their hand on their hearts and say that the people of Iraq are better off today than before we went in chasing "mythical" weapons of mass destruction? We have totally destroyed a country for no "justifiable" reason and sent their people back to the stone age living standards. Congratulations, George W....the rest of the world salute you.)
Also, due to the Asian meltdown, the Iraq situation, and also now the Credit meltdown caused by dishonest US bankers, the US is fast losing the trust and "good faith" of the world's political elite and the worlds major business players.
When the sh*t hits the fan, don't expect the rest of the world to want to bail us out.
The USD is going to get into trouble sooner and worse than people think.
But....I could be wwwrong !!!
.
|
I posted this on 8/22/2007 when the market was at 1.3450.
It has now reached 1.3987 (which is more than 50% towards the target) in less than one month.
I think that it may take less time than 12 months to reach 1.4500.
The really sad thing is that our own President and his cronies/supporters have prostituted the USD and damaged our economic reputation far, far more than any enemy force could have done.
It is becoming very obvious that the world no longer sees the USD as THE major world currency. The usd will soon be just "another" currency, along with the Euro, Yen, CHF, GBP and Yuan.
It is sad, really sad to see a mighty force (USD) being humiliated in such a stupid way.
. |
Sep 18, 2007 9:17pm
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Quote:
Originally Posted by jacko
Hi Newbietrader101,
You are correct. However, I think that it may be worth waiting until just before Mr Bernanke starts to make his statement. We may see 1.3800.
I see no reason to take a position just yet. Now is a good time to be NOT in the market.
.
|
Unfortunately, I didnt get in at 1.3800, so I had to buy in the 90 minutes before Mr Bernanke spoke (ave price 1.3870).
The USD is being re-rated by the world economies. Look for a HUGE shift in the balance of Chinese holdings in the next twelve months. Japan will also follow China.
. |
Sep 19, 2007 1:00pm
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Quote:
Originally Posted by Archer
Jacko,
I search for your posts every day(right after I kiss my wife). I hang on your every post. I would come to Europe or Asia to study under your tutleage except our USD is basically worthless and I can't afford to travel because of the idiot from Texas. Therefore, I can only learn from your all to infrequent(for me) posts.
I agree that the USD is at a crossroad. I would be interested to hear your thoughts on how the China Syndrome might play out in the next say 6-12 months.
By the way, I have read all of your posts(more than once) and find your comments seem to be tailored to the common man and some are down right funny.
Archer(Bob)
p.s.
Tell Mark to post every once in a while. What the heck, he must be a good trader or you wouldn't have him watch your account. I want to hear from crazy guy Mark.
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Hi Archer,
Thanks for your kind words. I really appreciate it
By the way, I have spoken to Mark...or rather, he has spoken to me...on numerous occasions....and he has absolutely no interest in posting in this forum or any other forum. Like most brokers, he is waay past talking to anyone about trading stategies etc.
He just wants to trade and make money!!!!
He says that he has seen it all and heard it all many times before (especially from inexperienced traders who think that they know it all) . He just wants to read his Bloomies, Reuters, Wall St Journal and Financial Times.
Then, he just wants to trade and make money!!!!
He doesnt want to tell anybody on forums anything because he thinks it is just a waste of time. He is a bit cynical and jaded, our Mark, but we all love him. He doesn't try to be rude or anything...it's just that...
he just wants to trade and make money!!!!
If anyone is waiting for a comment from Mark, then I suggest that you contact me as soon as you see a pig flying past. (his favourite expression is "... and pigs might fly !!!)
. |
Sep 19, 2007 1:13pm
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Quote:
Originally Posted by cesarnc
50 pips off the high traded (1.3937).
I assume you're out here. What's your take from here? I would find it odd to see 1.3900 being traded 1-2 days after the Fed cut. But I can't figure out how to get back to the market if 1.4+ is to be traded...
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Hi cesarnc,
We actually got out earlier. We decided that the rise was a bit over-emotional and we thought that it would retrace within 48 hours so we got out six hours after the announcement at 1.3968.
However, you are correct in that if we had left our positions we would have been stopped out at 1.3937 for a profit of 67 pips less expenses.
I think that the market may retrace back to the low 1.3900's and...maybe even sub 1.3900. However, it will be a short term thing.
I am still working all my trades on the basis that this will go to 1.4500 within the next twelve months.
. |
Sep 19, 2007 1:30pm
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Quote:
Originally Posted by Afxtrader
Jacko, you've made some very good points and I agree with your assessment. Do you plan on following the TICs data to validate your assessment? I'm thinking we should see reduced investment in US treasuries, but this could be way wrong. Just my thoughts.
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Hi Afxtrader,
Yes, the TIC data is always useful to confirm my fundamental views about the flow of international trade.
This was an interesting post in the News section some days ago.
http://www.forexfactory.com/news.php?do=news&id=47542
especially the part that said "This report may indicate, if it follows the same pattern next month, that those countries are looking elsewhere to park their investments. Maybe China has found its own way to combat possible trade sanctions from the US; stop buying US debt."
I am certain that China (and most other countries such as Saudi Arabia, Japan, Grmany, France, Russia, Iran, Venezuala etc) are all looking to rapidly park their investments (especially any new trade payments) anywhere BUT the US.
Anyway, most people here find the fundamental rationales boring so I won't go any further.
We are here to trade and make money (as a friend of mine says).
So...wait for a retracement/dip...then go long...and go strong !!!
. |
Sep 19, 2007 1:45pm
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Quote:
Originally Posted by cesarnc
Thanks Jacko...
But I still see a lot of buying pressure here. Specially compared to cable that is melting down today (as the result EURGBP soared to 2 years high) and to swiss that was unable to crack a damn strong trendline at 1.18 (but looks like determined to)...
As I write, euro is back above the 23% fib from yesterday's low and way above the 23% fib (3551 - 3987), denoting bulls still the area, still hungry
The weekly trendline (now at ?1.4) is another source of concern. But I dare saying that there is a second leg to go after Fed's move. C?mon, this was a huge move... As a friend says "trendlines are made to be broken" (hopefully) |
Hi cesarnc,
You may be right. We are still looking to get back in......but we are simply looking for a "cheaper" price.
I am not in a rush....if we see a good opportunity we will take it, but we are patient and think that there may be a better opportunity in 48-72 hours. (Maybe less, maybe more.... the price action will tell us).
Also, 1.4000 is a big-ass strong round number so I think that resistance will be strong so it may probe around it for a while and probably even make a few false breaks through it, before punching through on its way to 1.45.
As an example, take a look at how hard it has been for the GBP to break cleanly away from 2.0000.
. |
Sep 20, 2007 12:27am
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Quote:
Originally Posted by jacko
Hi cesarnc,
You may be right. We are still looking to get back in......but we are simply looking for a "cheaper" price.
I am not in a rush....if we see a good opportunity we will take it, but we are patient and think that there may be a better opportunity in 48-72 hours. (Maybe less, maybe more.... the price action will tell us).
Also, 1.4000 is a big-ass strong round number so I think that resistance will be strong so it may probe around it for a while and probably even make a few false breaks through it, before punching through on its way to 1.45.
As an example, take a look at how hard it has been for the GBP to break cleanly away from 2.0000.
.
|
Hi cesarnc,
Thanks for your pm. It appears that Bloomies is now looking at 1.4200 to 1.4300 by end of this year.
http://www.bloomberg.com/apps/news?p...xLk&refer=home
I don't know if that is a good thing or a bad thing...
.
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Sep 20, 2007 1:45pm
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Quote:
Originally Posted by jacko
Hi FXholic,
This is my fundamental overview that colours my thinking about the long term USD market.
I definitely believe that the $USD is going to weaken over the next few months. As I have stated before, my long term target over the next 12 months is 1.4500.
........
After the trashing of the Asian economies by the US led World Bank and IMF some ten years ago, the situation has totally turned around. China and Asia have truly awesome financial muscle which they have never flexed. However, they haven't forgotten all the enormous economic devastation that the US banks did to all the Asian economies
As I said in my initial posts (see post 8), I believe that there has been a seismic shift in the "strength" of the US dollar as the worlds primary currency.
This seismic shift moved the USD from 1.2000 to 1.3800.
I now believe the next step in this seismic shift will move the US dollar from its current figure of 1.3400 to 1.4500 within 12 months
Our foolish politicians have irresponsibly squandered the enormous wealth of the US on stupid follies (Can anyone put their hand on their hearts and say that the people of Iraq are better off today than before we went in chasing "mythical" weapons of mass destruction? We have totally destroyed a country for no "justifiable" reason and sent their people back to the stone age living standards. Congratulations, George W....the rest of the world salute you.)
Also, due to the Asian meltdown, the Iraq situation, and also now the Credit meltdown caused by dishonest US bankers, the US is fast losing the trust and "good faith" of the world's political elite and the worlds major business players.
When the sh*t hits the fan, don't expect the rest of the world to want to bail us out.
The USD is going to get into trouble sooner and worse than people think.
But....I could be wwwrong !!!
.
|
I posted this on 8/22/2007 when the market was at 1.3450.
It has now reached 1.4097 (which is more than 66% towards the target) in less than one month.
I think that it may take far less time than 12 months to reach 1.4500.
The really sad thing is that our own President and his cronies/supporters have prostituted the USD and damaged our economic reputation far, far more than any enemy force could have done.
It is becoming very obvious that the world no longer sees the USD as THE major world currency. The usd will soon be just "another" currency, along with the Euro, Yen, CHF, GBP and Yuan.
It is sad, really sad to see a mighty force (USD) being humiliated in such a stupid way.
The seismic shift in the last 5 years is that the USD has been prostituted so badly that the "bedrock" of the USD has turned into quicksand.
The result is that, internationally, the USD has become unwanted and will soon become a pariah of international finance unless some "moral rectitude" is introduced into the system.
Mr Bernanke has now clearly demonstrated that he is overpowered by the muscle and threats of Washington and Wall St and that he is going to cater to all the whims of Wall St. This in turn has now seriously introduced the issue of the ongoing "moral hazard" into the financial system. That may be good, in the short term, for Wall St but the rest of the world is VERY disappointed.
And don't just take my word on this. This is evidenced by the international financial community selling an increasingly worthless dollar.
This has two possible endings:
1. The USD goes into a death spiral and China starts to dump its USD reserves and the Saudis break the peg to the USD, as is being reported in the rubbish press in Britain (BOTH of which are extremely unlikely in the near term)
OR
2. All the panic news stories come out in the press in the next couple of weeks until everyone realises that the world hasn't collapsed and there will be a correction. (However, confidence in the USD will be so significantly damaged that it will never regain its former position of strength. Therefore I still believe that the long term trend is for a weaker USD).
So....how do we trade this market?
We are here to trade and make money (as a friend of mine says).
I am still working all my trades on the basis that this will go to 1.4500 within the next twelve months.
So...wait for a retracement/dip...then go long...and go strong !!!
And the A-H strategy will keep you from getting financially damaged
I hope this helps some traders.
PS I could be TOTALLY wwwwrong !!!
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Sep 24, 2007 11:07pm
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Quote:
Originally Posted by SeekingLight
Hi Tom,
I know I'm not jacko, but I assume everyone in here - including jacko - is going long only due to us being in an uptrend. jacko has explained this many many times.
This fact won't change until some of the lower trendlines get wiped out (or in my case we get a giant weekly PB).
So I doubt anyone is taking any shorts simply based on a number or TL (which here on the top has been exceeded) right now.
Take care,
SeekingLight
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Correct
. |
Sep 24, 2007 11:08pm
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Quote:
Originally Posted by Ecirbaf
I think you are wrong because price is in a strong uptrend. So, if you think that the price will go down, you should wait and buy the retracement.
That's what I would do. Wait a retracement at 4000 and get on position on a breakout.
Fabrice
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Correct. |
Sep 24, 2007 11:09pm
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Quote:
Originally Posted by MPP
OK FD
if you are short, you need to go back to page 1 and find you a 5year old.
Never trade against the trend.
so assuming you went long at 1.4050, price moves to 1.480, sl has moved from 1.4000 to 1.4030, but then price drops to 1.4020 and your sl is hit at 1.4030.
you now need to wait for the price to drop at least 50pips below were you got hit and then place the AH at 1.4030. so price would need to drop to 1.3080.
hope this helps and i am sure if i am wrong someone else will let you know.
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Correct
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Sep 24, 2007 11:09pm
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Quote:
Originally Posted by ianf0ster
Hi,
In theory the A-H works for shorts the same as for longs. BUT they must be with the long term trend - because it relies upon a trend resumption ( i.e. 50 pips {for the E/U } beyond your stop out before you can set your entry again) to get you back in again at the price you got stopped out.
I hope that this helps.
Ian
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Correct.
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Sep 30, 2007 10:46am
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Quote:
Originally Posted by jacko
Hi FXholic,
This is my fundamental overview that colours my thinking about the long term USD market.
I definitely believe that the $USD is going to weaken over the next few months. As I have stated before, my long term target over the next 12 months is 1.4500.
................................
After the trashing of the Asian economies by the US led World Bank and IMF some ten years ago, the situation has totally turned around. China and Asia have truly awesome financial muscle which they have never flexed. However, they haven't forgotten all the enormous economic devastation that the US banks did to all the Asian economies
As I said in my initial posts (see post 8), I believe that there has been a seismic shift in the "strength" of the US dollar as the worlds primary currency.
This seismic shift moved the USD from 1.2000 to 1.3800.
I now believe the next step in this seismic shift will move the US dollar from its current figure of 1.3400 to 1.4500 within 12 months
Our foolish politicians have irresponsibly squandered the enormous wealth of the US on stupid follies (Can anyone put their hand on their hearts and say that the people of Iraq are better off today than before we went in chasing "mythical" weapons of mass destruction? We have totally destroyed a country for no "justifiable" reason and sent their people back to the stone age living standards. Congratulations, George W....the rest of the world salute you.)
Also, due to the Asian meltdown, the Iraq situation, and also now the Credit meltdown caused by dishonest US bankers, the US is fast losing the trust and "good faith" of the world's political elite and the worlds major business players.
When the sh*t hits the fan, don't expect the rest of the world to want to bail us out.
The USD is going to get into trouble sooner and worse than people think.
But....I could be wwwrong !!!
.
|
I posted this on 8/22/2007 when the market was at 1.3450.
It has now reached 1.4277 (which is more than 75% towards the target) in just more than one month.
I think that it may take far less time than 12 months to reach 1.4500.
It is sad, really sad to see a mighty force (USD) being humiliated in such a stupid way. This is evidenced by the international financial community selling an increasingly worthless dollar.
This has two possible endings:
1. The USD goes into a death spiral and China starts to dump its USD reserves and the Saudis break the peg to the USD, as is being reported in the rubbish press in Britain (BOTH of which are extremely unlikely in the near term)
OR
2. All the panic news stories come out in the press in the next couple of weeks until everyone realises that the world hasn't collapsed and there will be a correction. (However, confidence in the USD will be so significantly damaged that it will never regain its former position of strength. Therefore I still believe that the long term trend is for a weaker USD).
So....how do we trade this market?
We are here to trade and make money (as a friend of mine says).
I am still working all my trades on the basis that this will go to 1.4500 within the next twelve months.
So...wait for a retracement/dip...then go long...and go strong !!!
And the A-H strategy will keep you from getting financially damaged
I hope this helps some traders.
PS I could be TOTALLY wwwwrong !!!
. |
Sep 30, 2007 11:06am
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Quote:
Originally Posted by jacko
.............
So....how do we trade this market?
We are here to trade and make money (as a friend of mine says).
I am still working all my trades on the basis that this will go to 1.4500 within the next twelve months.
So...wait for a retracement/dip...then go long...and go strong !!!
And the A-H strategy will keep you from getting financially damaged
I hope this helps some traders.
PS I could be TOTALLY wwwwrong !!!
.
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Without a doubt, this "business" is the best business I have ever encountered.
This can be an incredibly easy way to earn an outrageous (bordering on obscene) amount of money in a very short period of time.
Please go back and read this:
http://www.forexfactory.com/showpost...23&postcount=2
I have earnt (proportionally) more money in this business in a shorter period of time and with minimal effort, than in ANY of my other (very substantial and profitable) businesses. PERIOD
If you treat this market as a "business", it is an extraordinary opportunity.
. |
Sep 30, 2007 11:33am
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Quote:
Originally Posted by Archer
Back on March 29, 2006 you made what amounts to a prophetic call on the market. Those who have read all of your posts will know what I'm talking about. What, if anything, do you see in the future that may cause you to turn short. I can't see much. But, I'm not omnipotent and I also don't have 20+ years of experience watching the markets. What I see is the Fed lowering rates a bit more before year end to help salvage what is left of the housing market and stem some of the foreclosure that will surely be booked if they don't. Furthermore, I see the EU under some pressure to respond with lower rates to bolster exports. Those actions should have us banging around in some sort of narrowing but trending up (EUR/USD) range next year. But I really dont think there will be a reversal in the trend during the next say, 18 months. I don't really have the guts to make a call like you did 18 month ago. But I think I am on the tight track. Short the dollar till March 2009 or beyond? Get me inside the mind of Jacko!
Archer
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Hi Archer,
I don't mean to try to "predict" any particular target. I try to let the market tell me when it is changing (or more correctly, when it has changed).
Back in early 2006, the market had shown me that it had changed from a "short" on the Euro......So I went long.
As at the present time I have no idea where the Euro will end this bull market rally. (However, I feel that it still has some time to go before it changes).
So... until I can see a clear and positive change to the weakness of the US Dollar.....I will continue to go "long" on the Euro.
. |
Sep 30, 2007 12:06pm
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Quote:
Originally Posted by Ecirbaf
Hi all, hi Jacko,
Jacko, I wonder one thing concerning your strategy.
I think I have well understood the AH pattern and your entry criteria.
I also think you have a great feeling of the eurusd trend. But...
My question is: when you have just entered a long position, how do you estimate you have caught a good entry point ? I can't believe you simply wait that the market tells you were wrong by putting you out on your 50 pips trailling stop. You trade on price action, so you must wait some kind of action from your entry point. Don't you ?
Regards,
Fabrice
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Hi Fabrice,
1. 50 pips isn't a lot. (Thanks Cateful)
2. Entry point is not important. AH is far more important.
3. It is rare that I will pull the plug on trade on less than 50 pips (unless it heads straight down).
4. One or two of my trades that have gone to as close as one or two pips of my SL have turned into very profitable trades. (What does it matter if it goes to within one pip or 30 pips of your SL ?......if you haven't been stopped out, then you haven't been stopped out !!). The Law of Averages means that I will sometimes be also stopped out by one pip or 30 pips too. You just have to make a judgement call as to where you want to make your SL. For the Euro, I like 50 pips.
5. I personally like a fixed amount of pips for SL, otherwise your discretion becomes erratic....and before you know it you are trading with "emotional" stops (either too tight or too loose....or worse, NO stops !!! ..... Absolute trading suicide).
6. Finally, you must remember that the 50 pips is the MAXIMUM that I can lose in any one trade. Since it is a trailing Stop Loss, most time I will be stopped out with maybe only 5 or 10 pips loss because it is extremely rare that the market plunges straight down.
However, in light of the above, I am NOT a strictly "mechanical" trader....I do use my discretion and I do change my mind, BUT I make myself really justify to myself as to why I want to alter a planned trade.
I hope that helps you.
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Sep 30, 2007 12:21pm
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Quote:
Originally Posted by jacko
Hi Mozzie,
Thanks for your interesting analysis above.
It is interesting that you raise the issue of risk. In the last two weeks I have been reading "Stock Market Wizards" by Jack Schwager and also a more recent (but similar) book called "Inside the House of Money" by Steven Drobny. Both of those books are excellent, with Steven Drobny's book being better for experienced traders.
As a result of reading those two books, I have had an interesting idea that I think will increase my returns by a further 25-30% for minimal risk. My ex-broker friend Mark is very excited about it....he is easily excitable !!...but he thinks that it is something special. I will be testing it out over the next couple of months and then will discuss it here, but I want to try to sort out the best way to do the new trades to maximise my returns but limit the risk to acceptable limits. If it works, I will share the method here.
.
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This idea is turning out to be something quite interesting. It is an easy fit to my current trading strategy. And it appears that it will increase my returns by more than we originally thought, with no impact on my existing trading strategy. (It is a bolt-on method that can stand alone from existing trading method) However, I developed this in cooperation with a friend of mine and he is definitely not keen for me to share it.
. |
Oct 1, 2007 10:50am
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Quote:
Originally Posted by Pippopotamus
This thread is very quiet lately. Has everyone moved? I will begin trading Jacko's method this week. Currently have buy order at 1.4211(not demo trading). Thanks, Jacko. Pippo
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Hi Pippo,
I like it when this thread is quiet.....
It either means that the serious traders are quietly trading this method and making a lot of money OR it means that the "noisy" posters find it too boring and dont fill it up with useless rubbish.
It is not a live trading journal. However, the previous posts/information on this page is, I think, very valuable to serious traders.
.
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Oct 1, 2007 11:25am
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Quote:
Originally Posted by Trader KGB
jacko,
How have you been handling the post-1.40 runaway environment? There really hasn't been any dip/retrace for us value buyers to enter in. At what point did you get back in after having last exited at 1.3968?
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Quote:
Originally posted by Rancliff
Hi Jacko,
I am interested to know how you trade in the recent market condition in which there has not been a significant retrace for quiet a few days (since August) on the EURUSD daily . Do you wait on the side for a retrace or are you buying at new high breakouts as well?
Keep up the excellent work!!
R.
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Hi Trader KGB and Rancliff,
We have been aggressively buying from 1.4000 to 1.4250 in 50- 100 pip increments. (The 50 point interest rate drop was like an electric current to Marks butt. We have been buying like drunken sailors in a bar after 12 months at sea).
However we have the VERY big advantage that we are playing with the Casinos money (that is, our winnings from previous trades which are VERY substantial).
The combined effects of trading with a strong trend, leverage and compounding result in incredible returns. (See my previous posts #935 to 938)
. |
Oct 1, 2007 11:36pm
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A $200 Billion Fund was launched today by the China government.
The implications are immense.
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Oct 2, 2007 9:58am
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1. They will use it to sell Euros (primarily) versus the USD.
Will explain more later.
.
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Oct 2, 2007 10:18am
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Quote:
Originally Posted by Mr Trend
Jacko.. I'm a big believer in scaling in and do so myself... but I don't see how you can utilize a scaling in strategy without hurting your AH strategy and opening yourself up to more risk...
Clarification would be nice... and just hearing how others are triggering their scale-ins would be a benefit to me. Scaling in is an artform...
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Hi Mr Trend,
I wasnt scaling in.
Mark reacted like he had been hit with a cattle prod when the 50 point drop was announced and said that the impact of the 50 point drop would resonate for a week, so we were just grabbing as much as we could as cheap as we could all week. We even suspended the A-H strategy all week. (Mark was sleeping next to his computer and was monitoring it 24/7). We just thought that it was a "golden" opportunity that rarely comes along.
In hindsight, we were very reckless and a "little" (!!!!) undisciplined but we just decided to throw caution to the wind and risk a VERY substantial amount of our previous profits.We were buying all week. Last friday was the biggest total position I have ever held.
We junked everything late Friday to close out flat for the weekend and celebrated all weekend.
It is a strategy that worked brilliantly for us but I would NEVER recommend it to anyone else, especially here where there are inexperienced noobies.
.
Last edited by jacko, Oct 2, 2007 11:15am
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Oct 2, 2007 10:37am
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Quote:
Originally Posted by raczekfx
3rd.
They'll sell cable and fiber to push $ higher.
When faith in $ returns , they'll quietly start selling their $ reserves...
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Hi raczekfx,
Exactly.
They have control of the USD by means of their $Trillion of debt owed by the US government to China. The increasing US debt is the same as " buying" the USD.
However, the $200 Billion can be used to sell the Euro (and to a lesser degree, the GBP and other less important currencies). The investment fund is to get control of the Euro. (they already have de facto contol of the US dollar....). They will then buy it back later and make their profits....then do it all over again.
They now have the financial firepower to do it for as long as it wants...and use it to get concessions from all other countries, but primarily the US and European Community
They are going to manipulate the currency markets using this monsterous investment fund. If it needs more money, the China government will give it another $500 Billion and not even flinch!!!
The elephant is in the China shop !!! (pun intended).
.
Last edited by jacko, Oct 2, 2007 10:50am
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Oct 2, 2007 11:08am
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Quote:
Originally Posted by Archer
This amount of investment against the Euro could possibly reverse a long term trend. I anxiously await your analysis.
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Hi Archer,
Definitely. If the Investment fund wants to sell the Euro at these high prices and buy them back at lower levels, then the long term trend is over.
Also if they sell the Euro, it increases the value of their $Trillion holdings. It is a "heads they win and tails they win" type situation for China.
I think the only thing that will moderate this is that they will not want to be immediately seen as getting a choker hold on the markets (especially the Euro) straight away.
On the other side, I am dubious that they would be a big buyer of the Euro since
1. It is very high already
2 For every one cent increase in the Euro, the $Trillion holding reduces by $8 BILLION in value.
So I am on alert for maybe the topping of the Euro. However, the Investment fund has only opened for business 24 hours ago. So I will be looking for evidence in the price of the Euro. Caution is now the name of the game.
However, I could be wwwwwrong !!!
. |
Oct 2, 2007 12:48pm
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Quote:
Originally Posted by owkenobi
Hi Jacko,
I agree with you BUT I have one doubt:
China Investment Fund has, for the moment, $200 billions. Yes, It's a lot of money but if we consider the daily (DAILY!) forex turnover of about $2.000 (*) billions it seems to me that chinese fund is too small to change (alone) a LONG term trend.
Of course if they sell $200 billions of fiber this might act as a catalyst for other traders but, again, I think this as a short term spinoff.
I think we are going to see "only" a good-short-term retracement (300 - 500 pips) and only if they are planning to put everything on fiber and not on other pairs.
Thank you, Jacko! I love your thread!
(*) I know $2.000 billion are not totally on fiber.
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Hi owkenobi,
Lets put it in perspective....
Forget about "Trillion dollar turnover" hype about the forex market. This is a market where any newbie trader can get 400:1 leverage....so the "Trillion dollar turnover" is a bit of Marketing hype.
Just for fun...lets assume that the China investment fund wants to leverage at 100:1....(and with their $ Trillion "account" with the "Bank of US Govt" there is a pretty good security!!!) ....lets see....$200 Billion X 100 .....that gives them $20 Trillion to smack the market any time they want....
I think that might move the market a "little" bit....
In all seriousness, this new fund will seriously distort/manipulate the Forex market, esp the Euro, but it will be so smooth nobody will be able to discern how or when it is happening.
. |
Oct 3, 2007 12:20am
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Quote:
Originally Posted by tony_klaten
...........
On the daily and weekly TF, I see price movement to south.
Everything goes up will go down !
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Hi tony_klaten,
Yes......but not just yet.
It ain't over till it's over!
But ....I could be wwwwwrong!!
. |
Oct 3, 2007 12:26am
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Quote:
Originally Posted by jacko
Hi Archer,
Definitely. If the Investment fund wants to sell the Euro at these high prices and buy them back at lower levels, then the long term trend is over.
Also if they sell the Euro, it increases the value of their $Trillion holdings. It is a "heads they win and tails they win" type situation for China.
I think the only thing that will moderate this is that they will not want to be immediately seen as getting a choker hold on the markets (especially the Euro) straight away.
On the other side, I am dubious that they would be a big buyer of the Euro since
1. It is very high already
2 For every one cent increase in the Euro, the $Trillion holding reduces by $8 BILLION in value.
So I am on alert for maybe the topping of the Euro. However, the Investment fund has only opened for business 24 hours ago. So I will be looking for evidence in the price of the Euro. Caution is now the name of the game.
However, I could be wwwwwrong !!!
.
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This is just me thinking (or writing) Macro fundamentals out loud.
IF the above scenario happens you won't see any real evidence for a little while.
I keep an eye on the fundamentals.... but I trade off the charts.
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Oct 3, 2007 2:53am
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Quote:
Originally Posted by spike71
Jacko
given the scenario you have laid out what plan of action would you lay out for yourself?
and more to the point from 1.34 to 1.43 somewhere around 1.38 or 1.39 should be around 50% and as of right now we are still in an uptrend will you consider trading just as you have for the past 18 months or does this revelation change the game and perhaps the trend somewhat?
I keep up with THE thread every day and I appreciate all of your posts and thanks in advance for your time.
spike71
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Hi spike71,
The short answer is that, at the present time, I don't know where the market is going. We are letting our adrenalin rush from last week dissipate and try to get back to some semblance of calmness in ourselves. We were reckless and a little undisciplined last week. However, we were extremely lucky and I don't want to get a sense of hubris.
I am flat at the moment and looking for a good place lower down to go long. I would not be shorting this market. It is still a strong "long" euro market... until I see proof of it being otherwise. It may slide to 1.4000 but who knows. My next trade will be a "long Euro" (surprise, surprise!!) but I just dont know where our entry point is just yet.
Having said that, Newton (Newbietrader101) who we talk to every couple of days has gone short (because 1. he is live testing our new trading idea.....and 2. because he is a madman).
On the fundamental side, I believe that the China Investment fund is a serious cloud on the horizon....for every one cent of the Euro drop, the value of their current USD holdings increases by $8 Billion.
And that does not include any profit to the new investment fund from the trading process of selling the Euro from here to lower levels and then buying it back.
It also increases the strength of the USD which means more cheap exports to US from China. (This inturn increases their US dollar holdings even more !!!)
It is a VERY compelling argument that supports the argument that the new fund will attempt to drive the Euro down....the real issue is "when and over how long a period" .
.
Last edited by jacko, Oct 3, 2007 3:05am
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Oct 3, 2007 3:10am
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Quote:
Originally Posted by khanderoo
Dear Jacko,
This is my first post in this forum and I wanted to say THANK YOU for your great job in this thread. I have read & followed all of your posts from no.1 and it was a lot of learning when you see the BIG advises in work.
I have made a conclusion of what you have said & I have learned:
.............
Happy trading all
My Best Regards to Jacko |
Hi khanderoo,
You have some very good friends outlined in your post.
Keep working with them and you will all be happy.
. |
Oct 3, 2007 12:41pm
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Quote:
Originally Posted by jacko
Hi spike71,
...........
I am flat at the moment and looking for a good place lower down to go long. I would not be shorting this market. It is still a strong "long" euro market... until I see proof of it being otherwise. It may slide to 1.4000 but who knows. My next trade will be a "long Euro" (surprise, surprise!!) but I just dont know where our entry point is just yet.
Having said that, Newton (Newbietrader101) who we talk to every couple of days has gone short (because 1. he is live testing our new trading idea.....and 2. because he is a madman).
...............
.
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Go Newton,
LOL ....The guy is a plunger !!
His first "live" test of our new trading idea is working very well !!! (It worked well on backtesting but it is always nice to have a "win" first time out).
. |
Oct 3, 2007 12:54pm
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Quote:
Originally Posted by johnedoe
Geeeez jacko...
yer killin us here the way you keep dangleing the carrot in front of us |
Hi johnedoe,
I am not trying to do that......
I suppose that I am just a little bit proud of myself that we have found a new idea that I think is a bit "special".
And it is nice to see it working in its first live trial (even if I am not getting any money out of it. Unless Newbie give us a percentage of his winnings.....Oh, look, there goes a pig flying past !!!!).
We are all feeling good at the moment. We had a monster of a week last week and we are still on a high. And Newt has just hit it again first trade this week.
. |
Oct 3, 2007 1:09pm
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Quote:
Originally Posted by johnedoe
Not taking it personal ...just havin a little fun with ya... |
No offence taken. I wasn't offended.
I want to put it on the Forum but Mark is absolutely dead against it.
To me, the A-H is nothing special. But it works!!!
The new idea is similar. Nothing complex. But it worked on our backtests. And it is working on its first live trial. (Our little "baby"/idea is born.....And I am just a little "pumped" by that!!)
. |
Oct 3, 2007 1:26pm
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Quote:
Originally Posted by Mr Trend
Oh jacko... quit playing around with these guys... Tell them about buying ATM puts and calls at areas of S&R... cmon now... |
No....nothing to do with options. |
Oct 3, 2007 1:32pm
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See responses below:
Quote:
Originally Posted by MPP
Hi Jacko
is it that he wants to perfect it first or just refuses to share, i find that hard to belive because you have given us so much. He refuses to share.!!!
maybe he needs us to send him that special something.LOL He says a million bucks wouldn't even persuade him....but he will look at higher offers !!
stopped out on all EU trades after this latest drop. now looking for better entries.
please keep the little clues coming, i'm sure the penny will drop soon. How about we run a any clue competition. This is my last response to questions about it.
I'm going with a new A-H of 40pips trailing by 10 and adding new positions every 50pips. Nope. Not even close
Next
regards
MPP |
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Oct 3, 2007 1:50pm
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Quote:
Originally Posted by jacko
Hi Archer,
Thanks for your kind words. I really appreciate it
By the way, I have spoken to Mark...or rather, he has spoken to me...on numerous occasions....and he has absolutely no interest in posting in this forum or any other forum. Like most brokers, he is waay past talking to anyone about trading stategies etc.
He just wants to trade and make money!!!!
He says that he has seen it all and heard it all many times before (especially from inexperienced traders who think that they know it all) . He just wants to read his Bloomies, Reuters, Wall St Journal and Financial Times.
Then, he just wants to trade and make money!!!!
He doesnt want to tell anybody on forums anything because he thinks it is just a waste of time. He is a bit cynical and jaded, our Mark, but we all love him. He doesn't try to be rude or anything...it's just that...
he just wants to trade and make money!!!!
If anyone is waiting for a comment from Mark, then I suggest that you contact me as soon as you see a pig flying past. (his favourite expression is "... and pigs might fly !!!)
.
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The above post pretty much sums up Mark and his attitude to the Forum.
As Mr Trend says, very few brokers visit the Forums. Some places even have a policy against posting, unless it is for news items and is authorised by the brokerage.
Also, Mark is only interested in one thing.... he just wants to trade and make money!!!!
. |
Oct 3, 2007 10:46pm
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Quote:
Originally Posted by jacko
Hi spike71,
..........................
Having said that, Newton (Newbietrader101) who we talk to every couple of days has gone short (because 1. he is live testing our new trading idea.....and 2. because he is a madman).
.......................
.
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Newt is doing very well on this trade.
Now I am starting to get jealous that I didn't take the same trade.
. |
Oct 4, 2007 11:05am
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Quote:
Originally Posted by jacko
Newt is doing very well on this trade.
Now I am starting to get jealous that I didn't take the same trade.
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Market at 4135.
Newt has just gone short again. Second trigger from the new idea.
Not a recommendation |
Oct 5, 2007 10:09am
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Quote:
Originally Posted by jacko
Market at 4135.
Newt has just gone short again. Second trigger from the new idea.
Not a recommendation
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Market at 4150.
Newt has just gone short again.
Third trigger from the new idea....going for 3 from 3. (He has got guts!!)
Now I am REALLY getting jealous !!!
Not a recommendation
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Oct 5, 2007 10:22am
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Quote:
Originally Posted by MPP
did he exit the 1.4135 trade and if so at what point?
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Newbie has been banned from this thread....by Mark.
I am not prepared to say when or where he got in or out of the trades but, in the last two trades combined, he made in excess of a 150 pips per contract. And he has multiple standard contracts.
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Oct 5, 2007 10:52am
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Quote:
Originally Posted by MPP
Hi Jacko
how? the low is only 100pips from newtons last entry you posted here, and you've been bragging about the new system. WHY.
we love the system in place and have great respect for you, but it's like your just rubbing it in our faces. i only ask for the exit so i can see if anything i am looking at correlates. obvioulsy mark feels we are closeing in on his new toy.
I hope you can put the new system to one side and come back to help the new traders as you have in the past.
Kind regards
MPP
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Hi MPP,
1. Read it again: " in the last two trades combined, he made in excess of a 150 pips per contract"
2. I am not bragging (OK, I am a little....)
3. I gave you an entry....if I give you the exit Mark will be VERY, VERY upset. I am sure that you are not the only one trying to work this method out by using correlation analysis. (By the way, what is wrong with just getting a good entry point...???).
4. I haven't moved our original trading stategy aside. In regard to trend trading, we are flat since last Friday and are waiting to re-enter on the long side.
5. Marks "new toy" (as you call it) is nice but out primary strategy of trend trading will leave it in the dust over the longer term. Stick with that and try to be patient. This market will be around long after you and I are dead.
6. Please don't use aggressive terms on this Forum. Most of the experienced traders would get upset at the tone of your second paragraph. They give their time and experience FREE.
7. I suggest that you do NOT respond to this post. I suggest that you re-evaluate what you are trying to obtain from this forum. (Entry and Exit points??? I am not a signal provider!!!!)
. |
Oct 7, 2007 11:27am
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Quote:
Originally Posted by Wolf.
Hi Jacko,
Hope its ok to post a chart (a picture paints a thousand words).
4. I haven't moved our original trading stategy aside. In regard to trend trading, we are flat since last Friday and are waiting to re-enter on the long side.
Just trying understand why you haven't entered a position today. You trade with the major trend using trend lines and 50% retrace round no etc. Just seemed to me the entry shown on my chart is an obvious place to enter, it is with the trend, a reject off a major trend line, a round number area 1.400 and happens to be at the monthly pivot (I know you don't use things like these as far as I know) were it reversed exactly.
.................
Chris
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Hi Chris,
The simple answer to your question is that I don't believe this correction is finished.
I could be wrong (and one of the great things about this business is that you can change your mind ....and open a new position....in about 30 seconds). However, I just would like to buy at a cheaper price....maybe 1.4000 (from underneath).
. |
Oct 8, 2007 1:11am
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Quote:
Originally Posted by MythosKid
Jacko could you clarify one situation (chart attached).
Trade is entered at 1.3050, T/S 50 pips.
Stopped out at 1.3010 (40 pips loss).
Price falls more than 50 pips, A-H activated at 1.3010.
Price comes back A-H position opened at 1.3010, T/S 50 pips and stopped out again at 1.2975 (35 pips loss).
What's the next step with A-H?
Should I wait for the price drop 50 pips or place stop buy at 1.3010?
TIA
MythosKid
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I would:
1. Place stop buy at 1.3010
AND
2. wait for the price to drop 50 pips (to 1.2925) and then put a stop buy at 1.2975
. |
Oct 8, 2007 1:17am
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Quote:
Originally Posted by libertao
Hi Jacko,
Could you possibly explain some of your thought processes behind determining how far the correction will go? Is it price action, fibs, momentum, trendlines, fundamentals or just a gut feeling (even then, I'd really appreciate any insight behind this 'gut' feeling)? I'd be fascinated to hear what goes on in your head when you make these guesses. Thanks!
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Hmmm.....have a look at this post.
http://www.forexfactory.com/showpost...&postcount=318
. |
Oct 8, 2007 1:41am
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Quote:
Originally Posted by charlinks
Jacko,
Let's consider that after conducting your businesses one way or another you have made a nice profit and you are now sitting on a $5M cash. Do you get worried about the $ being devalued? In other words... since you made a lot of dollars by selling the dollar would it make sense to convert some of it to Euros?
I am curious because I am sitting on a smaller fortune but it is really what got me into the forex. I wanted to protect my savings and bought EURUSD for the size of my savings. Then I realized the potential of the leverage...
Thanks for a great thread! |
Hi charlinks
Simple.
Buy a number of Euro contracts to the value of your USD holdings and "leave them in the drawer".
As the USD drops, your Euro contracts increase by the same amount. (Effectively it is a real "hedge").
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Oct 8, 2007 1:50am
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Quote:
Originally Posted by jacko
Market at 4150.
Newt has just gone short again.
Third trigger from the new idea....going for 3 from 3. (He has got guts!!)
Now I am REALLY getting jealous !!!
Not a recommendation
.
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Price at 1.4133
London will open in a short while.
I think that Newt has a good trade here.
Big Call.....I think it may drop to 1.3850 in next couple of weeks.
But.......I could be wrong !!!!!
Definitely NOT a recommendation.....because it is a counter trend trade.
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Oct 8, 2007 2:15am
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Quote:
Originally Posted by jacko
Price at 1.4133
London will open in a short while.
I think that Newt has a good trade here.
Big Call.....I think it may drop to 1.3850 in next couple of weeks.
But.......I could be wrong !!!!!
Definitely NOT a recommendation.....because it is a counter trend trade.
.
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Market has just dropped to 1.4120.
Would someone like to verify that my post was not posted "after the fact".
. |
Oct 8, 2007 2:25am
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Quote:
Originally Posted by jacko
Market has just dropped to 1.4120.
Would someone like to verify that my post was not posted "after the fact".
.
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Just for posterity, would someone please verify the time of my post (at which time it was trading at 1.4133) and that it was only a few minutes before the market crapped out to its current price of 1.4115 (and dropping).
Newt will be happy.....Bastard!!!
I don't want a whole lot of newbies coming onto the forum later and saying that I was posting "after the event"
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Oct 8, 2007 2:40am
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Quote:
Originally Posted by jacko
Just for posterity, would someone please verify the time of my post (at which time it was trading at 1.4133) and that it was only a few minutes before the market crapped out to its current price of 1.4115 (and dropping).
Newt will be happy.....Bastard!!!
I don't want a whole lot of newbies coming onto the forum later and saying that I was posting "after the event"
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Anyone else like to confirm that price was at 1.4133 when I posted.
Now at 1.4109
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Oct 8, 2007 2:42am
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Thanks apipintime and bakuli.
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Oct 8, 2007 3:20am
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Quote:
Originally Posted by jacko
Market at 4150.
Newt has just gone short again.
Third trigger from the new idea....going for 3 from 3. (He has got guts!!)
Now I am REALLY getting jealous !!!
Not a recommendation
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Thanks Charlinks,
Yes, this third trade is still in play. He is 3 for 3.
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Oct 8, 2007 11:18am
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Quote:
Originally Posted by jacko
................................... .......
I am not prepared to say when or where he (Newbietrader101) got in or out of the trades but, in the last two trades combined, he made in excess of a 150 pips per contract. And he has multiple standard contracts.
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Market now at 1.4060
He is now closing in on 250 pips per contract. (3 wins from 3 trades, with short/counter-trend position still open)
Not bad for 3 days trading.
Our new idea is working well.
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Oct 10, 2007 10:56pm
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Quote:
Originally Posted by jacko
Market now at 1.4060
He is now closing in on 250 pips per contract. (3 wins from 3 trades, with short/counter-trend position still open)
Not bad for 3 days trading.
Our new idea is working well.
.
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Newt did VERY well out of this trade.
He is now 3 for 3. He is in excess of 250 pips per contract for those three (counter-trend) trades.
I have seen the argumentative posts above and we have been having a discussion about how best to help other serious traders.
We will be starting a new thread in the next couple of days.
We are still ironing out a few issues between ourselves (Mark, Newton and myself) about how best to help.
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Oct 12, 2007 1:03am
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Quote:
Originally Posted by jacko
Newt did VERY well out of this trade.
He is now 3 for 3. He is in excess of 250 pips per contract for those three (counter-trend) trades.
I have seen the argumentative posts above and we have been having a discussion about how best to help other serious traders.
We will be starting a new thread in the next couple of days.
We are still ironing out a few issues between ourselves (Mark, Newton and myself) about how best to help.
.
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Newt has just gone short again. at 1.4185.
Going for 4 from 4.
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Oct 12, 2007 9:51pm
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Quote:
Originally Posted by jacko
Newt has just gone short again. at 1.4185.
Going for 4 from 4.
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Newt has got his 4 for 4.
Out at 1.4170 towards the close.
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Oct 13, 2007 11:00am
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Quote:
Originally Posted by jacko
...............
I have seen the argumentative posts above and we have been having a discussion about how best to help other serious traders.
We will be starting a new thread in the next couple of days.
We are still ironing out a few issues between ourselves (Mark, Newton and myself) about how best to help.
.
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I have posted a new thread in the Trading Room. (An Offer to Assist Serious Traders from Jacko )
http://www.forexfactory.com/showthread.php?t=51553
The purpose of the above post is to determine if any traders want some direct help with their trading.
I want to assist a small number of traders without incurring arguments from a whole lot of other posters (even some 1kt members seem to be abrasive to others).
I have recently read the story of the Turtle Traders, which I have known about for years but have just revisited, and was motivated to see if anyone wants to learn from my experience.
Newt (Newbietrader101) strongly suggested that I do it.... Mark was much less effusive. I expect that most people will say "yes, thats a great idea"...but then do nothing. Newt believes I am VERY wwwwrong on this.
The main issue was how to sort out who wanted to be serious long term traders, rather than those who were just saying it. (therefore the cost component....which will barely cover the cost of one year of international SMS anyway).
I intend continuing to post here as I believe that this is the best forum on Forex on the internet, and I will also continue to outline my trades but they will be delayed. I am also assuming that all of the other traders will also continue to post here and verify any of my statements in the posts.
As I have said above, it may all come to nothing... but if it does work out the way I hope that it does, then we may have a really solid core of serious trend traders.
But...I could be wwwwrong !!!
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Oct 14, 2007 3:16pm
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Quote:
Originally Posted by jacko
I have posted a new thread in the Trading Room. (An Offer to Assist Serious Traders from Jacko )
http://www.forexfactory.com/showthread.php?t=51553
The purpose of the above post is to determine if any traders want some direct help with their trading.
I want to assist a small number of traders without incurring arguments from a whole lot of other posters (even some 1kt members seem to be abrasive to others).
I have recently read the story of the Turtle Traders, which I have known about for years but have just revisited, and was motivated to see if anyone wants to learn from my experience.
Newt (Newbietrader101) strongly suggested that I do it.... Mark was much less effusive. I expect that most people will say "yes, thats a great idea"...but then do nothing. Newt believes I am VERY wwwwrong on this.
The main issue was how to sort out who wanted to be serious long term traders, rather than those who were just saying it. (therefore the cost component....which will barely cover the cost of one year of international SMS anyway).
I intend continuing to post here as I believe that this is the best forum on Forex on the internet, and I will also continue to outline my trades but they will be delayed. I am also assuming that all of the other traders will also continue to post here and verify any of my statements in the posts.
As I have said above, it may all come to nothing... but if it does work out the way I hope that it does, then we may have a really solid core of serious trend traders.
But...I could be wwwwrong !!!
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I would just like to thank merlin and whoever else is involved in maintaining the Forex Factory for their intelligent handling of the above post (and the link to the new thread).
I would also like to thank philmcgrew for his intelligent and measured response.
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Oct 15, 2007 10:36am
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Quote:
Originally Posted by seeths
I fully agree with SeekingLIght, Findcount and Lou.
Personally, I am not yet competent enough to ask serious questions and I don't post often, so I don't clog up the forum. In time I hope to be able participate productively and help other newbies. Nevertheless, I am dead serious about trading. I am dead serious about making a living out of this. However, I can't afford the fee to join, and even if I do, I am not sure the big accounts Jacko is trading is going to help me with my small account.
As others, I hope Jacko will continue to provide us with his wisdom in this forum.
Success to all.
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Hi seeth,
Thanks for your kind words.
I have no intention of leaving. I am looking forward to keeping everyone here up to date with my little group's progress. (And they will keep me honest if I try to post dodgy numbers, because I will effectively be trading ?live time? with them all looking over my shoulder and explaining things that I see).
I may, subject to the groups approval, post trades here after they have been closed out. But it will be their decision !!
To the present, I have had just under 20 respondents. (We still have space for one or two more?.LOL???.Sorry, I couldn?t resist that !!!)
However, they now have to back up their commitment to this industry, and their ?business?, with cold hard cash. It?s a bit like trading?sooner or later you have to step up to the plate and take a swing. Otherwise is just an unrealized opportunity.
It will be interesting to see how many of the respondants are really serious and committed. As I have said in business many times, "When all is said and done, there is always more said than done"
However, I have given a commitment to ALL the current respondants that they will ALL get the information for the full 12 months.
I hope that, in time, there will be small strong group of successful trend traders here to help others.
. |
Oct 16, 2007 12:13am
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Quote:
Originally Posted by CateFul
personally i would be amazed if half of the people who subscribed to jacko's signal service would be as successful as jacko in terms of trading. While jacko certainly calls very reliable entry/exits, there're much more than just entry/exit in trading. Unless jacko also tells them his stop loss, position size, take profit if he uses one, how to deal with emotions, what to do if market goes wrong, etc, i would expect at least half of these people fail even though they all receive the same signal from jacko.
hmm while i was writing this post I started thinking, how many of these people have 3 or 4 brokers and can execute trades as large as a couple hundred/thousand contracts effeciently?
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Hi CateFul,
A couple of points:
1. It is not a signal service
2. Of course I expect to tell them my "stop loss, position size, take profit if he uses one,"
3. Of course I expect to help them with "how to deal with emotions, what to do if market goes wrong, etc"
4. I don't expect ANY of these people to fail.
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Oct 16, 2007 3:03am
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Oct 16, 2007 10:57am
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Quote:
Originally Posted by CateFul
my bad jacko, i thought it was a pure signal service, I apologize.
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Hi Cateful
Apology accepted.
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Oct 17, 2007 1:08pm
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Quote:
Originally Posted by sofia101
Hi Jacko , I am so glad I found you! Remember me we were in in other forum.I always thought that you one of the most successful people , if it is possible I would like to join your group ))
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Hi Sophia,
Yes I definitely remember you.
Email me on waynejackson1955 at yahoo.com
. |
Oct 18, 2007 11:56am
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Quote:
Originally Posted by jacko
I have posted a new thread in the Trading Room. (An Offer to Assist Serious Traders from Jacko )
http://www.forexfactory.com/showthread.php?t=51553
The purpose of the above post is to determine if any traders want some direct help with their trading.
I want to assist a small number of traders without incurring arguments from a whole lot of other posters (even some 1kt members seem to be abrasive to others).
I have recently read the story of the Turtle Traders, which I have known about for years but have just revisited, and was motivated to see if anyone wants to learn from my experience.
Newt (Newbietrader101) strongly suggested that I do it.... Mark was much less effusive. I expect that most people will say "yes, thats a great idea"...but then do nothing. Newt believes I am VERY wwwwrong on this.
The main issue was how to sort out who wanted to be serious long term traders, rather than those who were just saying it. (therefore the cost component....which will barely cover the cost of one year of international SMS anyway).
I intend continuing to post here as I believe that this is the best forum on Forex on the internet, and I will also continue to outline my trades but they will be delayed. I am also assuming that all of the other traders will also continue to post here and verify any of my statements in the posts.
As I have said above, it may all come to nothing... but if it does work out the way I hope that it does, then we may have a really solid core of serious trend traders.
But...I could be wwwwrong !!!
. |
Quote:
Originally posted by Jacko
I have no intention of leaving. I am looking forward to keeping everyone here up to date with my little group's progress. (And they will keep me honest if I try to post dodgy numbers, because I will effectively be trading “live time” with them all looking over my shoulder and explaining things that I see).
I may, subject to the groups approval, post trades here after they have been closed out. But it will be their decision !!
To the present, I have had just under 20 respondents. (We still have space for one or two more….LOL……….Sorry, I couldn’t resist that !!!)
However, they now have to back up their commitment to this industry, and their “business”, with cold hard cash. It’s a bit like trading…sooner or later you have to step up to the plate and take a swing. Otherwise is just an unrealized opportunity.
It will be interesting to see how many of the respondants are really serious and committed. As I have said in business many times, "When all is said and done, there is always more said than done"
However, I have given a commitment to ALL the current respondants that they will ALL get the information for the full 12 months.
I hope that, in time, there will be small strong group of successful trend traders here to help others.
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Our small strong group is now starting to crystalise.
I have a question to the moderators.
Obviously, we wish to keep our future trades private, (at least prior to and while we are in the trade).
However, I would also like to "give back" to ForexFactory. Obviously, I would like to keep a journal of sorts regarding the progress and successes of the group. Members will remain anonymous (unless they actually want to be identified).
Also, I would also like to post the results of our trading on a monthly basis, showing net profits and equity growth.
To the moderators: What can the group and I do to assist ForexFactory? Do you have any further suggestions?
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Oct 20, 2007 11:39am
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[quote=Marcy;1657582]
Quote:
Originally Posted by jacko
Our small strong group is now starting to crystalise.
Jacko,
Is there no more "room at the Inn?"
If the trend method(s) you teach are suitable for someone who works fulltime (8 to 5) EST, then I'd like to join your group.
Thanks in advance,
Marcy
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Hi Marcy,
Please email me at waynejackson1955 at yahoo.com
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Oct 21, 2007 12:19pm
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Quote:
Originally Posted by smjones
I will post this in the moderator forum and see what we come up with. This seems pretty straight forward. If you need something special, in the way of a thread, you may want to start a thread in the journal section and then you can close your thread, because you are a 1kt member. That way you can control who posts in it. If you need something more specialized, maybe it can be discussed further.
Thanks scott
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Hi Scott,
Thanks for this. Did the moderator forum come up with anything?
I was thinking of a closed thread that only the group can post in and see. Maybe with a password? However I can"t see how that benefits FF.
Having said that, it seems that FF is very time-consuming and I suspect costly to run. How do you guys make money or is this an "interest" hobby?
The point I am trying to get to (rather unsuccessfully) is, as a way of thanking you, how can my group and myself help FF to make money.
. |
Oct 22, 2007 9:01am
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Quote:
Originally Posted by vinnie99
Jacko, can you tell us why you want to learn us how the make money on FOREX?
Don?t you like trading for the big company or a Hedge Fund at Wallstreet or London where you can be famous very quickly?
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I don't often respond to obnoxious and cynical post but I couldn't resist this one.
1. Why would I want to work for a big company?
2. Why would I want to work for a Hedge Fund?
3. Why would I want to live in New York or London?
4. Why would I want to be famous?
My wife and I am VERY comfortable. And I don't want to work. This is a just a very lucrative investment pastime that I am very good at.
Vinnie, you are a 22 yo non trader. Your ego towers over your abilities.
I suggest that you try to learn how to "get on" with people because if your posts here on this Forum are an indication of your persona, then you must be a real asshole.
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Oct 22, 2007 8:12pm
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Quote:
Originally Posted by smjones
You would have been stopped out with the trailing stop and then your stopped trade would not be re-entered until price got back up to the stop point. So it would have been fine, you just would not have traded the counter trend down.
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Hi smjones
Correct.
However, I used our new countertrend stategy to take my first very cautious counter trend trade (using the new stategy) when the market was dropping. Very small number of lots. But interesting.
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Oct 22, 2007 8:13pm
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Quote:
Originally Posted by smjones
That is a good question. I do not know what Jacko is thinking on this, but for me, the reason I would wait is to confirm that the trend is going to continue. Of course even having the price come back up to the stop point is certainly no guarantee. That is my take on it. It would be interesting to read some other view points.
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Hi smjones
Correct
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Oct 22, 2007 8:22pm
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Quote:
Originally Posted by nonlinear
smjones, Ok, that clarifies a few things, but I am curious about this strategy and am trying to learn from today's move. If one believes that the trend will continue enough to place a long order at your executed stop loss, then why not place another order farther below that stop loss (assuming that price dropped even further like today)? I have read many times that entry is not that critcal. Perhaps Jacko's AH technique keeps one out of bad trades in the event of a trend reversal? It is mentally tempting to place a new long order on a round number after a significant drop like today rather than wait for a return to my prior stop loss.
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Hi nonlinear,
When this happens you need to go for a long walk for at least one hour, then come back and have a look at the "big picture" (at a minimum, use a daily or weekly chart) to put yesterdays drop into perspective.
A good trader has the experience / gut feel / etc NOT to get overly excited and trade dangerously.
However, you will only learn this by making lots of mistakes and getting old. !!!!
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Nov 19, 2007 6:50am
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Quote:
Originally Posted by SeekingLight
You have to love people who write articles about "incompetants" spelling like that. 
Maybe he's french.
150 GJ, now that I'd like to see
7500 pips for a yearly range =D
2000$ Gold =D
He doesn't like small numbers, does he =) |
Hi SeekingLight,
This is not aimed specifically at you but can anyone tell me what this (and some of the other posts in this thread lately) has to do with trend trading ??
Jacko |
Nov 19, 2007 7:22am
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This thread is not dead, it is just in a learning phase
Quote:
Originally Posted by Neilg36
The threads dead baby. 
...........
Neil.
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Hi Neil,
I think that your prognosis that this thread is "dead", is a touch premature.
Our little group of potential great traders have been on a huge learning curve as I have been showing them how I trade. In many cases, the way I trade was diametrically opposed to how they have been trading.
I have been totally open in trying to explain everything I do (with the exception of the countertrading strategy, which I don't want to outline just yet because I don't want any of the group taking that type of trade just yet. However, I will be explaining it to them soon !!!)
Because I am a techno-moron, if they have any questions, I am responding to them individually by email so you can imagine that I am now quite busy answering their emails. (And....I am NOT noted for my rapid keyboard skills...LOL).
It is a great group of serious and committed traders and they are progressing well. I am looking forward to returning to FF in a private forum for our little group in the near future.
At that time, hopefully, there will be many more successful traders from the group discussing things on this thread.
Jacko |
Nov 22, 2007 12:49am
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Quote:
Originally Posted by pavlov0032
Hello Jacko!
I'd like to thank you for your posts, I real almost all of them, and frankly, your trading methods and money management technique reminded me of a Jessy Livermore from "Reminiscent of a stock operator".
Thank you very much for posting working strategy and allowing us to become a better traders.
I'd like to ask you if you offer 1 on 1 training.
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please email waynejackson1955 at yahoo.com
(Note. you will need to modify email address to include @ symbol)
Also go here..
http://www.forexfactory.com/showpost...postcount=1125
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Nov 22, 2007 9:22am
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Quote:
Originally Posted by qq1
Hello Jacko,
I initially emailed to you at the above email to indicate my interest to join your learning group, and you replied me and also said you would be sending payment details.
However I never received any payment instructions, so subsequently I sent a couple emails to check but still no reply.
Not sure if my subsequent emails were lost into cyberspace, or you have stopped accepting students.
Still hoping to be able to learn from you some day.
Thanks
Edit: Sorry for this post, I did try to do a PM but forexfactory does not allow PM, I think because I do not have enough post count.
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Hi qq1,
I apologise for the lack of replies to your emails but for the initial group I was very selective and did not accept every application. (In fact, I only accepted about 50% of the people who applied).
However, the first group has now been established, I have had a huge learning curve on telecommunications technology, and communication with the group is operating well.
Again, I apologise for my rudeness in not replying to your emails.
I was actually too busy responding to all the emails from the 20 members of the group who were asking lots and lots of questions about trading and I was determined to answer every email.
If you wish to send me another email I will see what we can do about adding you to the group.
Jacko |
Nov 22, 2007 9:29am
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Thanksgiving Message
This is an edited version of a message that I sent to the group earlier today. I have been asked to place it on Forex Forum, especially in regard to point 7.
Thanksgiving Day is almost upon us. In this industry we have many reasons to give Thanks for everything that has been given to us.
Firstly, I give Thanks for finding this extraordinary business where there is incredible flexibility in establishing, running and financing the business.
Given the huge leverage in this business, anyone can enter the industry and establish a trade... and their subsequent business.
Also, while running the business, if I see an opportunity I can be involved within 30 seconds. More importantly, if I am in a trade and I feel that I have made a mmmmmistake I can be out of that transaction within 30 seconds. (try doing that with any other business!!)
Also, the leverage and compounding allows extraordinary growth and profits. In just two short years I have managed to escalate from 2 standard contracts (with one broker) to very large numbers of contracts, in a normal trading transaction.
Secondly, I give Thanks for a market that trends so regularly that opportunities are around every corner. Even though I have missed an opportunity or two in the past, I can remain confident because I know that there are plenty more opportunities to come.
Thirdly, I give Thanks for the fact that I can conduct my business from anywhere in the world with just my laptop and an international cell phone.
Fourthly, I give Thanks for being able to “think out” the Anti-Hedge strategy which turned my initial losers into winners and escalated my win rate from high to very high levels
Fifthly, I give Thanks for having some excellent resources (in the form of books about earlier successful traders) which have been a beacon in those times when I have been sitting on the sidelines, wanting to rush in. Those resources have all emphasized the waiting as a precondition for becoming a winner.
Sixthly, I give Thanks to each of you for being part of this new tribe of traders that have decided to join with me in this lifelong business of trading. Although, I was initially frustrated at some of the technical issues (emails and SMSes), I am now finding it extraordinarily rewarding especially when I receive your emails of support. Also, some (most?) of you have also been more aggressive in your trading than me in the last couple of weeks and I have been happy to read that many of you have made excellent profits, especially those that jumped in around 1.4650 and have been using those profits to build your positions. We have all embarked on a journey that, God willing, will allow us to have a simple yet profitable business for the rest of our lives. (For any of you who think that retirement is good, let me tell you something....playing golf every day is boring ...and the people who do play golf every day are even more boring!!!! I am old...and getting older...but I still get an adrenalin buzz from a successful trade.)
Seventhly, I give thanks for Forex Factory, without which I would never have met any of you. In my communications with each of you to date, you have ALL shown that you want to be serious and committed traders, and are willing to learn. Some of you will always be more aggressive in your willingness to take positions and some of you will be more safety-conscious. There is no right or wrong way, as long as your profits are maximized AND any losses are minimized. I think that a number of you are potentially better traders than me. If I can just help show you how I trade, I hope that many of you will use my experience and style and modify it to suit your own personalities. You can then go on to have as rewarding a time as I have had in this business. I. personally, am enjoying the group dynamics and hope that the group goes on for years as we all get to know each other and start to share our trading experiences in the near future.
.
Last edited by jacko, Nov 22, 2007 9:41am
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Dec 4, 2007 9:40pm
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Quote:
Originally Posted by jjk2
i think one of the currency trader magazine actually shows you with some statistics ( i haven't had chance to read the whole thing) that this is not teh case.
btw, great thread. jacko, on the first page, is that really how you trade? how do u deal with major drawdowns which im sure you can get.
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Hi jjk,
I am glad that you read the first page. Obviously you do not read things very well otherwise you would know that;
1. It is exactly how I trade
2. That my drawdowns are limited by the A-H strategy
3. My win rate is enough to keep me happy
4 That my results are acceptable to me. You may want to look here:
http://www.forexfactory.com/showpost...4&postcount=85
Perhaps next time you might like to read a little "deeper" into something that you seriously wish to spend the rest of your life doing as a career.
Good luck.
. |
Dec 7, 2007 9:15am
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Quote:
Originally Posted by Venca
That was a nice run from 1,4600 area to 1,4650. NFP coming out in 45min. What would Jacko do? Put Entry Stop Buy on 1,4650?
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Venca,
No I wouldn't put a entry Stop Buy at 1.4650...
Our last trade was when I sent an SMS to each member at 1.00 am NY time Dec 6 and it was triggered at 6.30 am the same day. The trade recommendation was to buy at 1.4550. Almost everyone did. We were TSL'd at 1.4609 for a nice 59 pips.
I had also stated earlier in in the group"s private site on Dec 2
given the dramatic rise in the Euro in the last three months, we may see a significant pullback to 1.4500 (50% of the rise from Oct 8 to Nov 22....a nice round number ...and a 8hr trend line from Oct 8 and Oct 22).
I had also written this in the groups private site on Nov 26 (when the market was around 1.4850)
I believe that the market will retrace from these current levels, but I don’t know how low. (1.4500 ?...big round number and 50% retrace from 1.4014 to 1.4966 ?) Note: A 500 pip retracement is easily possible.
Our little group has had some nice wins and we are slowly but surely improving our financial positions.
. |
Dec 10, 2007 11:44am
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Quote:
Originally Posted by jacko
Venca,
No I wouldn't put a entry Stop Buy at 1.4650...
Our last trade was when I sent an SMS to each member at 1.00 am NY time Dec 6 and it was triggered at 6.30 am the same day. The trade recommendation was to buy at 1.4550. Almost everyone did. We were TSL'd at 1.4609 for a nice 59 pips.
I had also stated earlier in in the group"s private site on Dec 2
given the dramatic rise in the Euro in the last three months, we may see a significant pullback to 1.4500 (50% of the rise from Oct 8 to Nov 22....a nice round number ...and a 8hr trend line from Oct 8 and Oct 22).
I had also written this in the groups private site on Nov 26 (when the market was around 1.4850)
I believe that the market will retrace from these current levels, but I don’t know how low. (1.4500 ?...big round number and 50% retrace from 1.4014 to 1.4966 ?) Note: A 500 pip retracement is easily possible.
Our little group has had some nice wins and we are slowly but surely improving our financial positions.
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Our little group continues to improve their financial positions.
At 3.05am NY time, the group was notified that I had bought at 1.4650 and that it was a good "buy" postion.
I am pleased that most of our group bought in and we are now just letting the trade play out.
At this stage the high is 1.4735 (minus trailing stop loss of 50pips), so we have a guaranteed 35 pips profit..... plus we are still in the game... plus we are in the direction of the major trend.
. |
Dec 11, 2007 3:04am
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Quote:
Originally Posted by jacko
Our little group continues to improve their financial positions.
At 3.05am NY time, the group was notified that I had bought at 1.4650 and that it was a good "buy" postion.
I am pleased that most of our group bought in and we are now just letting the trade play out.
At this stage the high is 1.4735 (minus trailing stop loss of 50pips), so we have a guaranteed 35 pips profit.....plus we are still in the game...plus we are in the direction of the major trend.
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Market has hit 4750. Trailing Stop Loss moved to 4700. Profit now a guaranteed 50 pips profit..... plus we are still in the game... plus we are in the direction of the major trend.
Our little group continues to improve their financial positions.
. |
Dec 11, 2007 9:00am
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Quote:
Originally Posted by jacko
Market has hit 4750. Trailing Stop Loss moved to 4700. Profit now a guaranteed 50 pips profit.....plus we are still in the game...plus we are in the direction of the major trend.
Our little group continues to improve their financial positions.
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Our Trailing Stop Loss was hit at 4700 for a profit of 50 pips. (some of the group actually made more pips because their stops weren't hit at 4700 and so they bailed out at a higher price)
We then took a 180 degree view of the market and are now in a countertrend trade with a short trade at 4700. We are currently again in profit with a guaranteed profit already locked in.
Our little group continues to improve their financial positions.
PS thanks erkro for your kind words
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Dec 21, 2007 9:58am
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Quote:
Originally Posted by newbietrader101
A open message to Jacko.
Thank you for making 2007 a spectaculerly successfull year for me.
I have learnt heaps and heaps from you and Mark and meeting you and learning from you was the best thing I have ever done. I have changed everything abot the way I trade and made enugh money that and am now ready and able to make this my new full time career in the new year. The profits from my trading from this year make it able that I am going to be a professional trader. something I have wanted to do for years.
HAve a merry Christmas and best wishes for the health of your Dad.
A merry Christmas to the rest of Jackos apprentices in his group. I hear that you are all doing well. Stick with it cos when he is trading in the trend he is awesome. I am making money even tho it is in the correction, using the countertrend sysstem on shorter times than Jacko uses.
Merry Christmas to all here at FF
Newbietrader101
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Hi Newbietrader,
Thank you for your kind words.
This time next year I am expecting to see each and every one of the traders in our little group saying that they are trading "full-time" and have a much more relaxed attitude to the markets. I would also expect that our little group will just continue to keep improving their financial positions.
I have just posted a Christmas message on our private blog to each of the group.
To everyone else here at Forex Factory, especially smjones and merlin who do an excellent job here maintaining a very professional forum, I wish you all A VERY HAPPY CHRISTMAS AND A SAFE BUT EXCITING NEW YEAR
Jacko
. |
Dec 21, 2007 10:00am
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Quote:
thanks newbie, and well done. your right, he is a great trader and i have learnt a lot from him already (mainly not to trade everything!!!!!)
merry xmas and best of luck
shinny
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Hi Shinny,
Thank you for your kind words also.
Jacko |
Jan 4, 2008 9:09am
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Quote:
Originally Posted by jacko
This time next year I am expecting to see each and every one of the traders in our little group saying that they are trading "full-time" and have a much more relaxed attitude to the markets. I would also expect that our little group will just continue to keep improving their financial positions.
Jacko
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The results are now in for the group's performance for 2007.
I started trading (with the group watching) in mid November, 2007. After a very slow start in November due to my being excessively concerned about the group NOT having any initial losses, we missed two excellent trading opportunities which would have been very profitable.
A quick summary of the trading is that we had 10 trades from the commencement of the group in mid November to the end of December.
Total Profit . . 319 pips over a period of 47 days
(Maybe one of the group would like to post a chart of the equity growth using the data in the members Blog????)
Given that we started very, very slowly, I am reasonably happy. ( I think a B+ for results...Could do better !!!!...LOL). However, I think that we can significantly improve on that result in 2008.
Also, it is not bad work for just looking at the market a couple of times a day and clicking a few keys on a computer.
NOTE: I am NOT a daytrader. I do NOT want to live my life chained to a computer screen.
As I said, I hope to ramp up our trading results in 2008 to my usual hit rate as I become more comfortable with the fact that others are intently looking at my trading. This made me a little bit too cautious in my trading when the group first started (which resulted in missing out on two excellent trading opportunities) but I am starting to get into the swing of it now.
My initial trading is intended to build each individual's knowledge, confidence and profits to allow expansion of each individual's trading size. Then they can stabilise at a a size that they feel comfortable with.
Finally, there are some traders in the group that have the potential to be excellent traders. Many in the group are using the strategies that I employ but are trading more actively than me, with truly stunning results. ( A person once said that an excellent trader reads a chart like a sheet of music...all the bars and dots are like a musical tune and they can hear/see where the music/ trend is going. Anything too extreme sounds/looks like a "bum" note....I believe that there are a number of people like this in our group and there are some others with the potential to get there very quickly).
These people are now starting to become comfortable with their trading and are looking to increase their trading volumes (size and numbers of contracts) in the near future.
A successful 2008 in trading to all.
Last edited by jacko, Jan 4, 2008 9:25am
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Jan 4, 2008 6:11pm
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Quote:
Originally Posted by jacko
.......
A quick summary of the trading is that we had 10 trades from the commencement of the group in mid November to the end of December.
Total Profit . . 319 pips over a period of 47 days
(Maybe one of the group would like to post a chart of the equity growth using the data in the members Blog????)
...........
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Hi all,
Given that we started very, very conservatively, I am reasonably happy. However, we will improve on that result in 2008.
It should be kept in mind that I am a medium term trend trader, so I do not trade frequently....but I do trade in large volumes so each of those pips are worth a lot of money to me. (However, whether you have 200 lots or 1 lot...it is still the same.You don't run around firing a gun blindly and repeatedly hoping to hit a target. You sit back like a sniper with a telescopic lens and a big caliber bullet and you hit the target. (The A-H is like a ricochet that bounces the bullet back at the target if you miss it the first time).
I am a trend trader. I use the leverage of the market and my accumulated profits to take sizable positions in the market. The power of compounding those profits over the last two years has been absolutely extraordinary. As I have said repeatedly, ad nauseam, this is the best business I have ever seen in my long and very successful business life.
It is important to remember that with
1. a strongly trending market, and
2. with the extraordinary leverage available and
3. the rapid compounding available, and
4 with a robust and reliable trading method,
it is possible to make extraordinary returns.
However, the big key (to me) is to constantly leverage up on the "markets" money, (that is, to use profits from the market to grow your volumes so that you are compounding your winnings).
Our little group is doing well. I would also expect that our little group will just continue to keep improving their financial positions.
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Jan 5, 2008 7:43am
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Quote:
Originally Posted by charlinks
I don't have a chart but I have created an Excel file where you can enter the initial deposit, the risk per trade in %, the pip value in $ and it will calculate the rest based on the P&L
Pip Value Per Lot $1
Initial Capital $10,000
Risk % for 50 pips 5%
Lots $500
Trade # Balance P&L P&L pips TS pips Lots
1 $10,000 ($60) -6 50 10
2 $9,940 $370 37 50 10
3 $10,310 ($300) -30 50 10
4 $10,010 $760 76 50 10
5 $10,770 $77 7 50 11
6 $10,847 $649 59 50 11
7 $11,496 $154 14 50 11
8 $11,650 $600 50 50 12
9 $12,250 ($48) -4 50 12
10 $12,202 ($564) -47 50 12
11 $11,638 $1,956 163 50 12
12 $13,594 $0 50 14
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Hi Charlinks,
By my calculations, $13594 balance is equal to 35.94% return in only 47 days.
Tdion,
The answer that you want is here:
http://www.forexfactory.com/showpost...4&postcount=85
The group has a private website that is for our little group only. If you wish to join us (as you have indicated that you do), you may wish to send me an email.
. |
Jan 6, 2008 8:58pm
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Quote:
Originally Posted by Saint Stevo
..........
I'm sure we have all seen a trade produce a large number of pips, retrace slightly then find new legs and reach significantly higher highs after (the recent highly successful AH trade being an example).
Conversely that same trade could have gone south and we could have ended up with less profit.
Seems to me that if one has a cast-iron mechanical exit strategy one ALWAYS sticks to, the discretionary emotional rollercoaster is taken out.
There will be no regrets, recriminations, beating oneself up about what one should have done, could have done, nearly did and so on because you can tell yourself that THIS IS THE WAY I TRADE, come what may.
This approach also has the benefit of freeing you from your computer screen - no need to watch it all the time because what will be will be.
As I said, sometimes you will gain and sometimes you will lose what you maybe would have got using a more discretionary approach but I bet in the long run it will work out about even.
I'm sure that is basically what Jacko is trying to get across to us (if I'm wrong Jacko please put me right).
Good trading to all in 2008
Steve
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Hi Steve,
A very good description !!!!
A 50 pip trailing stop makes you a much calmer and more rational trader.
The alternative is to make decisions about when and where to get out when you are in the emotional turmoil of being in a trade. (Definitely NOT recommended !!)
. |
Jan 6, 2008 9:11pm
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See below
Quote:
Originally Posted by ubeee
Every time I read this thread I wonder how genius Jacko is (no sarcasm at all!). Someone much wiser than me once said that "Sarcasm is the lowest form of wit".
Even when strongly trending EURUSD is extremely hard to profit with a trailing stop of only 50 pips and without fixed take profits. Really?? I find it really simple and easy.
Really, I tried for weeks months and months (if not years) of manual back testing of this strategy and was never able to make any profit at all. Really ?? Maybe you should go here:
http://www.forexfactory.com/showpost...postcount=1413
You must have a near perfect instinct of market timing to get in exactly when a trailing stop of 50 pips will not put you out even before getting to break even, let alone to get some profit.
No, not at all. Maybe you should go here
http://www.forexfactory.com/showpost...postcount=1413
My most sincere congratulations goes to Jacko and all the people who have mastered this system. You have perfect market timing. (Now that sounds like sarcasm!!!....LOL) Maybe you should go here
http://www.forexfactory.com/showpost...postcount=1413
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Jan 7, 2008 6:48am
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Quote:
Originally Posted by jacko
Hi Charlinks,
By my calculations, $13594 balance is equal to 35.94% return in only 47 days.
Tdion,
The answer that you want is here:
http://www.forexfactory.com/showpost...4&postcount=85
The group has a private website that is for our little group only. If you wish to join us (as you have indicated that you do), you may wish to send me an email.
. |
Hi Tdion,
I am sorry but I have just noticed that the link above is broken (or I have done something wrong when copying it in the post). The link should be:
http://www.forexfactory.com/showpost...4&postcount=85
Sorry.
Jacko |
Jan 7, 2008 7:37pm
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Quote:
Originally Posted by ubeee
........
I am bad with entries. I am very bad with entries. ....
Is it that hard to understand? Or is it that much wrong or illogical what I'm saying?
..........
In fact I trade systems in which entries are not that much important. My hedge is in the management of the position not in perfect good entries or magic set-ups. My market timing is very bad.
........
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Ubeee,
Perhaps you need to learn !!!! how to execute good entries.
. |
Jan 7, 2008 11:09pm
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Quote:
Originally Posted by ubeee
Jacko, I've learned already a lot from your thread and I'm very thankful to you. About entries I will pass, they are not for me. I've tried to learn good entries for years without any success at all. In the meantime I've discovered I have other strengths. Why worry about entries when I can use those other strengths?
Thanks again.
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I am confused. If you are not here to learn how to improve your trading, then why are you here?
You originally came here and stated
Quote:
Post 1442 by Ubeee
I'm really not in this thread to master Jacko's system. I've already tried it for a lot of time and concluded that even if I could master it, it does not fit my trading style. I don't like to trade only one pair and only in the main trend direction.
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You then said
Quote:
Post 1446 by Ubeee
You must have a near perfect instinct of market timing to get in exactly when a trailing stop of 50 pips will not put you out even before getting to break even, let alone to get some profit.
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I suggested that this was not true. See here
http://www.forexfactory.com/showpost...postcount=1413
and here:
http://www.forexfactory.com/showpost...4&postcount=85
You then stated
Quote:
Originally Posted by ubeee 
........
I am bad with entries. I am very bad with entries. ....
Is it that hard to understand? Or is it that much wrong or illogical what I'm saying?
..........
In fact I trade systems in which entries are not that much important. My hedge is in the management of the position not in perfect good entries or magic set-ups. My market timing is very bad.
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On the basis that:
1. you acknowledge that you are " very bad with entries"
2. but you are not trying to learn anything here,
3. but rather came here with the intent to discredit my methodology,
4. and you were unsuccessful
perhaps it is time for you to start your own thread and trade "livetime" to show me the effectiveness of your methodology.
. |
Jan 13, 2008 9:09pm
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Quote:
Originally Posted by Fab
If you don't know why this system is so successful, you will loose money even faster when the conditions of this success story will deteriorate.
Not a criticism.
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Hi Fab.
Mark (an ex-broker who now trades with me) and a couple of members of the group that are experienced traders seem to think that the group's 319 pips over the first 47 days with very little effort or stress, is pretty impressive.
AND we made this mostly by taking long positions during a correction.
(Mark is an ex-broker and knows that corrections are the most difficult trading conditions for a trend trader).
Not a criticism...LOL |
Jan 15, 2008 10:42am
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Quote:
Originally Posted by jacko
Hi Fab.
Mark (an ex-broker who now trades with me) and a couple of members of the group that are experienced traders seem to think that the group's 319 pips over the first 47 days with very little effort or stress, is pretty impressive.
AND we made this mostly by taking long positions during a correction.
(Mark is an ex-broker and knows that corrections are the most difficult trading conditions for a trend trader).
...
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This month is looking good for another very positive month. We are into our third trade for the month and our equity curve continues to move upwards nicely. Our little group members are maturing as traders and are becoming much better at their entries.
Our third (and current) trade was a long entered at 1.4850 or better (most of the group got in lower!).
The group also has a guaranteed minimum profit from this trade of another 20+ pips ( and most are significantly and substantially above that figure)
(NB A summary of all our trades will be outlined at the end of each month here on FF.... to keep me honest).
As outlined previously, by this time next year I am expecting to see each and every one of the traders in our little group saying that they are trading "full-time" and having a much more relaxed attitude to the markets. I would also expect that our little group will just continue to keep improving their financial positions.
. |
Jan 15, 2008 8:28pm
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Quote:
Originally Posted by Fab
I wish you all the best. Too bad I was not able to join the group to learn a little bit more from you .
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Hi Fab
I am considering opening a second small group. If you are interested, email me on waynejackson1955 at yahoo.com.
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Feb 5, 2008 8:42am
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Quote:
Originally Posted by zoopy
You're right The entries will vary depending on the trader and what they see on their charts at the time. What's more important with this particular method is how to use the AH strategy because then it really doesn't matter where you get in, you'll have that as a "built-in plan" to cover your losses should you be wrong.
When I first started learning this method, I was so focused on the entries I lost sight of the AH strategy. The AH is FAR more important. Learn that first then focus on the entries.
I'm also relatively new and still learning so don't feel bad I'm probably going to get grilled a few times on here as well haha.
- Adrian |
Hi Adrian,
Good work....you have started to understand the impact of the A-H strategy.
There is really only one decision that you have to make...what is the long term trend?
If you get that right, you are on a one way track to significant profits.
. |
Feb 5, 2008 8:44am
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Quote:
Originally Posted by BookerT
.......
Fortunately I do not have to be In the market all the time and that in itself is an advantage I use to my benefit,
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Hi BookerT,
An excellent approach to trading !!!
. |
Feb 5, 2008 8:46am
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Quote:
Originally Posted by static
..........
I believe that the basic assumptions of Jacko's method, if taken seriously, may give this approach an edge over time while within a longer term trend.
.........
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Hi Static,
Thanks...I think?...LOL
. |
Feb 5, 2008 8:49am
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Quote:
Originally Posted by SeekingLight
..............
I miss jacko's posts..I'd love to hear his current thoughts on all of the cutting, recession, EURUSD behavior etc pp stuff
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Hi SeekingLight,
My thoughts don't really change anything except the way I trade. I now only bore the members of my little group. So you are not missing much !!! LOL
. |
Feb 5, 2008 8:55am
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Quote:
Originally Posted by wattawatta
I am a lurker around this forum and have been quietly looking and learning from everyone here. I have been a small trader for 6 months but was not as successful as I thought I would be. This forex can be a bitch, you know.
But I decided that I want to be a serious traders so I joined Jacko's second group last Friday. I am group member number 5 of the second group, and have been reading all of his blog messages all weekend. I had read most of his thread at Daily FX and his posts here, but his blog is awesome. I DONT USUALLY RECOMMEND ANYTHING OR ANYONE BUT I AM TRULEY AMAZED AT THIS MANS GENEROSITY. He is a big and profitable trader with brilliant strategies and awesome timing but he has answered every one of my questions. I am just amazed that he would spend the time to go through my email and fix every question that I asked.
The anti-hedge stuff is just awesome. He should patent that. And the countertrend plan is really a clever plan. And he has already shown me that PATIENCE is one of the best habits to have in Forex. If I can just learn 5% of his insights for the timing of trades, I WILL be an AWESOME trader.
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Hi Wattawatta,
Thanks for your kind words.
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Feb 5, 2008 9:01am
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Quote:
Originally Posted by dagoods
just wanted to say hi.... very great thread and advice here... thank you Jacko for your efforts and hard earned widom and for sharing with us...
I was just curious if you have read the semi-martingale position sizing thread and what you thought about it? thanks again
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Hi dagoods,
Sorry but I have been waaaay too busy answering all the one on one questions from my little group that I haven't been looking at the forum (Blush).
I will have a look when I get some time....(Mrs Jacko says I spend too much time on the computer....she thinks that I am looking at porn !!!....I wish !!)
. |
Feb 5, 2008 9:12am
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Just as a matter of interest, this is part of the message posted yesterday morning on the group's blog.
Quote:
It is 8.45am NY time Monday February 4 and the market is at 4825.
No SMS message has been sent as this message is not time critical at this point in time.
The market looks a little weak at the moment. I think that we may be in a mild correction from the 1.4951 high.... down to around the 1.4650 to 1.4700 mark. (I think that it will get there quicker than some people think). This is a 50% retracement of the move from 1.4365 to 1.4950 with a target of 1.4650.
I will be waiting with a buy order in that area. As we get close, I will SMS text message with a tighter number.
..........
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The market has dropped to a low of 1.4644.... in less than 24 hours...(Was that quicker than you expected?).
.
Last edited by jacko, Feb 5, 2008 9:22am
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Feb 5, 2008 9:19am
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Am heading back to add to the group blog.
PS This is just a short note to advise that I will be closing the offer for the second group and not taking any new members from February 14. We have 6 members now in the second group and I want to keep the groups small so they don't become unwieldy.
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Feb 6, 2008 7:45am
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I am being constantly surprised by the extent that the Anti-Hedge strategy has started to get a life of its own. (I hope that when we complete all further testing of the Counter Trend strategy over time, that it has the same impact).
I was sent the following by one of the group. It appears that the A-H has now entered a business school site, a number of other forex sites (including even OANDA's site) and some-one has even converted my posts here into an e-book.
Quote:
Business School in Cyber Space
http://onlinebusinessschools.blogspot.com/search?q=anti-hedge
While I received some great presents at Christmas, perhaps my favorite was giving to me by the EUR/USD. I have been trying to implement the strategy outlined by Jacko in his thread on the Forex Factory forums. Once again, the basic strategy is to only buy in the direction of the strong bullish trend on the EUR/USD pair with a 50-pip trailing stop loss and only to buy on 50% Fibonacci-line dips and round numbers. What really makes the strategy flourish is the employing what he calls an "Anti-hedge" trade where after a losing trade, you wait for the price to drop a further 50 pips and place a buy stop where you were stopped out. The idea is that once the long-term bullish trend picks up again, it will pick you up along the way and likely cover your original loss and then some.
Thursday was exactly one of those anti-hedge trades that was a loss back on December 14th, but the buy stop was set and waiting to be picked up when the Euro took off after Christmas. The trade very narrowly escaped being stopped out at 1.4591 and ended with a total pip gain of +191! Since the full trailing stop loss only rarely gets hit (since price would have to shoot directly down after entering) and the strategy has a good winning percentage, I risk 5% each trade meaning I nearly made a 20% account gain on this trade alone. After all the reading, researching, practice and work I've put into learning trading, it was extremely satisfying to finally see a glimpse of a light at the end of the tunnel. Of course this is just a single win, but its the exact encouragement I needed to continue in my efforts.
Forexspirit
Using it on the Yen
http://blog.thefxmarkets.com/forexspirit/my.blog/spike-and-reverse.html
Another recent addition to my trading strategy has been the introduction and usage of the Anti-Hedge trade (as termed by Jacko on Forex Factory). This tactic is nothing more than re-entering a trade at the point at which it had been stopped out. You cut your loss early but are unafraid to put that trade back on once price is moving back in the direction of the main trend.
The NFP release caused a spike above 117 before it fell back. My Anti-Hedge entry at 116.75 was hit and my full two positions were again back on. My current feeling is that if the spike high (at around 117.30) is taken out then I'll exist both positions and just re-enter them with the Anti-Hedge method once the yen starts to show some life again.
Oanda
http://www.forex-tsd.com/suggestions-trading-systems/8728-follow-bouncing-pip-37.html
I would read Jacko's Thread at FF. Particularly the anti hedge.....could come in handy here. It's all on the first page of the thread.
Cool Concept
http://www.forex-tsd.com/131172-post1978.html
How about Jacko's ANTI-Hedge strategy? (Jacko's Forex House of Pleasure and Pain thread at FF) If you haven't read about it, basically what he does is to set a stop loss and then if it's hit, he waits until the market goes on by for another 50 pips or so, then reenters when price moves back up to where he was stopped out. This way, he doesn't ride the move down, tying up LOADS of cash in DD and he gets right back in on the original move. He does this because he always trades WITH the major trend....
One even made your posts into an e-book of sorts
http://investmentstrategiest.blogspot.com/2008/01/this-very-unusual-and-rarely-used.html
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The point of all this is to demonstrate that the ForexFactory is still the premier forum for Forex traders. It is good to see that FF is seen as a major resource for all other Forex websites.
. |
Feb 6, 2008 10:39am
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This was part of the message placed over 3 hours ago to our little group
Quote:
It is 7.30am NY time Wednesday February 6 and the market is at 1.4616.
.....
I believe that the Euro will be significantly higher at the end of the day compared to where it currently is at 1.4616.
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But I could be wwwrong !!
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Feb 11, 2008 8:07pm
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Quote:
Originally Posted by Treehugger
To Jacko:
Wayne, Henrik here. I wrote you an e-mail 5 days ago, and today I received a "Mail System Error - Returned Mail" reply by Yahoo mail server.
**
Your message was not delivered within 5 days and 0 hours.
Host yahoo.com is not responding.
**
I thought you didn't want to reply, but now I see that the Yahoo! mail server was down! I hope you read this - is there a way for me to contact you again via another e-mail address?
...........................
Thank you!!!
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Hi Treehugger
Please send again to waynejackson1955 at yahoo.com
I think yahoo are busy dealing with a $44 Billion offer...LOL
. |
Feb 13, 2008 12:35am
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Quote:
Originally Posted by mxsurf
HI Jacko,
I have sent email to you. Kindly reply, thank you.
Russell
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Hi Russell,
I have received your email. I am purposely trying to keep the groups very small so that I can service them properly.
Unfortunately, this also means that some people miss out. I apologise for that.
I will keep your information on file and if someone decides not to proceed, I will contact you.
Jacko |
Feb 16, 2008 7:43pm
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Quote:
Originally Posted by wattawatta
My first trade as a new member of Jackos second group and am I am over 150 pips in profit on just my first trade. WOO HOO, ALRIGHT.
I bought at 1.4505 as recommended by his blog and I have a minimum of 100 pips locked in the bank. WOO HOO
I think I did good with joining his group.
I WILL be an AWESOME trader.
Where is that tdion person? I might lend him some money now.
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Hi wattawatta,
Good work...it is always nice to start with a win.
But go here: http://hobbes.ncsa.uiuc.edu/desiderata.html
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Feb 18, 2008 3:05am
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Quote:
Originally Posted by goodness
HI,
how can i join ur group? thx
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Hi Goodness
Please contact me on waynejackson1955 at yahoo.com
Prove to me that you are serious, committed and REALLY, REALLY, REALLY want to be successful in forex trading.
Thanks
Message changed to modify email address to stop those #***** spammers
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Feb 20, 2008 9:21am
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I am feeling really chuffed at the moment. I am very proud of our little group.
We closed out ALL our buys (1.4521's and our 1.4612's) at around 9.00pm NY time at 1.4725 for very nice profits.
Some of the group also took my expression that the market "feels heavy. I am closing all my positions and will (hopefully) buy again lower later" as an opportunity to reverse and short the market as soon as they closed out all their buys.
They are doing very well.
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Feb 27, 2008 10:33am
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Quote:
Originally Posted by gagiul
well, i suppose after todays move, all Jacko's Turtles are happy and rich  To be honest, I closed my longs at 4900 out of fear....had no idea it will jump up so high. This can mean a new uptrend after this loooong consolidation. |
Hi Gaguil,
I am doing well...As outlined in the email from on of the group (below), I have made an 18% return in 3.5 months., which is is about 52.5% annual. (The actual is a little better). Not bad, but could do better. Mark (an ex-broker) is beside me laughing, saying that most Funds would give their left arm for those level of results.
However, the more aggressive and disciplined of the group are showing far superior results to mine. The most exceptional traders are the ones who have been aggressive but played by strictly by the rules.
Quote:
Dear Jacko, I dont know how to thank you enough for letting us see how you trade...
I have just re-read every post on the blog and plotted every entry and every exit. It has been an exercise I would recommend to anyone (although it took quite a few hours). It has shaken so many of my beliefs about trading, and given me three months of perspective in just a hours.
.................................
If I had traded 2% of my account on every trade you listed my account would be up around 18% in 3.5 months (fantastic and amazing to me)! And all this was done in a sideways market, with some very unusual negative trades (ECB comments), with the subtle influences from all of us, your family concerns and Christmas all thrown in. AND this all came from trading one pair (not 20)!
So all the "stuff" I have been doing feels much like wasted time and effort. I have looked at so many ForexFactory systems, so many indicators, so many theories (eg elliott wave), various short time frame systems, on dozens of pairs, forking out $thousands on software and studied price action until my pin bars were like match-sticks holding up my eyelids into the wee hours of the morning - and made no money.
Then you come along and say:
1. See a long term trend in a currency that takes a lot of money to move around (eurusd).
2. Wait for a pull back (ie the chance of the trade going south is as low as you might be reasonably able to guess).
3. Be prepared to miss lots of trades....
4. Use only one exit (the TSL) and that will make your losses small and give you a chance to make some of your wins big.
5. After you have some pips in the bank, start to rack up the leverage.
Then you summed it all up this week when you said "Trading is an attitude to risk and return...It is not about finding a set of sequential steps that is 100% infallible"
I feel like I have been making this all too hard. Too many indicators, too many fancy stops, too much watching the screen, too much 'need to be right'. I can tell you all about Laguerre lines, Fib extensions, Elliott Wave counts, Double Bar Low High Close patterns and all sorts of trading styles - and now I think I could throw it all away. BUT. and here comes the mental torment.....I have invested so much time and money into systems and software and indicators and 'stuff' that I 'WANT those things to be successful". I "WANT" to get a return on all that time and energy. Your trading style is like a slap in my face. "Hey stupid, follow the trend....just take a low risk guess (like wait for an exhaustion spike down, then wait for a retracement up, followed by a failed test of the low. Then ENTER. Whack on a trailing stop and take your wife shopping")
I've been successful at everything I've done in adult life. And its come from working hard to find out what 'makes a difference' and doing more of that; and finding out what doesn't make a difference, and cutting it out. Re-reading 3 months of your thoughts and trades has shown me that 99% of the time, energy and money I have spent on trading has been doing stuff that 'doesnt make a difference'.
So on the one hand I say thank you. On the other hand, I feel like I've been stripped naked and had my house washed away and everything I've worked hard for has been/is now gone.
Will I trade Jacko's way? I dont know yet. It still feels too simple and I would be embarrassed if anyone knew that's what I did for a living. I think I need to take a few days away from trading and stew over these words - "Trading is an attitude to risk and return...It is not about finding a set of sequential steps that is 100% infallible" .
By the way - this has been the best $500 I have ever spent. I would have paid $5000 to have a successful trader share 3 months of their trading with me. I am truly grateful (and tormented).
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As I said above, the more aggressive and disciplined of the group are showing far superior results to mine. The most exceptional traders are the ones who have been aggressive but played by strictly by the rules.
The most encouraging aspect of this, is that ALL of the group can do exactly the same.
I am hoping that we ALL improve. |
Feb 27, 2008 10:46am
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Quote:
Originally Posted by jacko
Hi Gaguil,
I am doing well...As outlined in the email from on of the group (below), I have made an 18% return in 3.5 months., which is is about 52.5% annual. (The actual is a little better). Not bad, but could do better. Mark (an ex-broker) is beside me laughing, saying that most Funds would give their left arm for those level of results.
However, the more aggressive and disciplined of the group are showing far superior results to mine. The most exceptional traders are the ones who have been aggressive but played by strictly by the rules.
As I said above, the more aggressive and disciplined of the group are showing far superior results to mine. The most exceptional traders are the ones who have been aggressive but played by strictly by the rules.
The most encouraging aspect of this, is that ALL of the group can do exactly the same.
I am hoping that we ALL improve.
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On another note.
Some of the best traders in the group are newbies with no bad habits, but a strong desire NOT to repeat mistakes every one else makes. They wanted to learn a way that works straight up...AND THEN add a bit more time and effort to the cause (trading) than I do. They were also more aggressive in their trading but not silly about it.
They have just treated my method as the basis of their trading, asked me a couple of pertinent questions which have been later discussed in the blog, they have not diverted from the strategy and have been more prepared to buy without waiting for as big a dip as me.
..
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Mar 4, 2008 3:27am
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Quote:
Originally Posted by acetrader
Newbietrader101,
I gave Jacko's method a try putting aside my method completely & traded the E/$ entering long @4750 & riding all the ways to the 5200 when I decided to tp as the steam seemed to be running out. In & out on the numbers (00-50) that Jacko talks about. I don't have to tell you the results for that on a 2 lot trade. Obscene results to say the least. This is really a simple method with no lagging indicators to deal with. I will say I used RSI @ 14 for what good it was on the trade I described, but it was not needed.
When I started trading forex I used the short term day trading approach, then switched to med to long term position trading & over the last yr have reverted back to short term 1-3 days trading. I just might change to the Jacko method entirely. Jacko's method seems to offer the best of both worlds in that you can tp anytime & the profits will be there if your entry is correct. The correct entry is the key with any method.
.............
AceTrader
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Hi AceTrader,
Thank you for your kind words.
If I recall you have been trading forex for over ten years. Compared to you, I am just a novice at it.
Again, thanks for your kind words. Best wishes and good trading.
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Mar 6, 2008 9:34am
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Quote:
Originally Posted by stewartr
Well done Acetrader.
Curious - do you trade other pairs too; or have you come to the conclusion that one pair is sufficient to provide the trading opportunities you want?
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Hi stewartr,
I am often confused by these types of questions. Why does everyone want to trade 10 or so pairs...so they can feel like a Master of the Universe? Too many people see forex trading as standing around in a hyper stance, trading every twenty seconds and playing their trading platforms like fast moving computer game.
It is NOTHING like that !!!!!
The Eur/USD is the major pair in the world, which means that it has the most stable trend of all the pairs. (that is, all the others have higher degrees of volatility...read that as "being whipsawed endlessly").
The BEST market to trade is one that consistently trends in one direction with minimum volatility. If you want to add more risk, then you can simply increase your trading lot size.
PS Stewartr, the MoU statement is not referring to you as I know you don't trade that way
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Mar 6, 2008 10:09am
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Quote:
Originally Posted by jacko
Hi stewartr,
I am often confused by these types of questions. Why does everyone want to trade 10 or so pairs...so they can feel like a Master of the Universe? Too many people see forex trading as standing around in a hyper stance, trading every twenty seconds and playing their trading platforms like fast moving computer game.
It is NOTHING like that !!!!!
The Eur/USD is the major pair in the world, which means that it has the most stable trend of all the pairs. (that is, all the others have higher degrees of volatility...read that as "being whipsawed endlessly").
The BEST market to trade is one that consistently trends in one direction with minimum volatility. If you want to add more risk, then you can simply increase your trading lot size.
PS Stewartr, the MoU statement is not referring to you as I know you don't trade that way
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A live example of trading:
At 11.10 am NY time on Tuesday March 4 I advised my group that I had placed an order for a buy trade at 1.5150. (The market was at about 1.5220 at the time)
Some 16 hours later (around 3.10am NY time March 5) the market had fallen to the target and I was activated.
Because I manually adjust my TSL's (because I don't trust computers), I have moved my TSL four times since I entered the trade.
Other than that, I have done NOTHING !!!!!!!!!
My TSL's are in place so I don't need to constantly look at the computer...and I can have a life.
VERY BORING...BUT VERY PROFITABLE
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Mar 6, 2008 10:39am
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Quote:
Originally Posted by acetrader
Hello Jacko,
Ref post #1748.....it can't get much simpler than that. Thats the type I like boring & profitable. Tks for that example.
AceTrader
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Hi AceTrader,
I like simple...
Jacko |
Mar 6, 2008 11:11am
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Quote:
Originally Posted by stewartr
Hi XGXG,
I am in Jacko's group of followers.
......................
After 3.5 months of following Jacko's style, I am finally trusting the method and stepping up to full lots now.
I am a full time trader now. Jacko's method makes me money but it is not entertaining. (I also have a smaller account for day trading so I can amuse myself with trying to pick bottoms and tops). :-)
Just my thoughts.
Best Wishes
Stewartr
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Jacko's method makes me money but it is not entertaining.
LOL....I like that !!!!!
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Mar 6, 2008 8:29pm
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Quote:
Originally Posted by xgxg
Hi Jacko,
Just to share my first trade with your method: entered rather randomly long 1 mini-lot ($10,000) on E/U at 1.5185 and put a 50-pip TSL. I'm not sure if it's a demo account misbehavior or what, i saw a net position of short 1 lot @1.5297 this morning around 11am EST. So maybe i didn't enter the TSL order correctly so it ends up selling 2 lots versus 1. Still I'm scratching my head now as to why 1 long postion turned into 1 short...
but anyway, it appears to be a valid hit via the auto TSL. I wonder if your manual overwrites would keep your trade longer in the current run-up?
thx,
xg
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Hi xg
Still I'm scratching my head now as to why 1 long postion turned into 1 short...
I have no idea... thats why I don't trust computers
And if anyone does know, please do not clog up this thread with possible explanations about computer programs....just pm xg direct
Jacko |
Mar 18, 2008 2:33am
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Quote:
Originally Posted by acetrader
LastChance,
it is just unreal that the founder of this great method cannot join in for over a week with all the technolgy we have today.
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Hi Acetrader,
I know that there was no malice in your post.
However, I have just returned from the wilderness of the "OutBack" in Australia last night. An excellent holiday. To those who know Australia, we spent most of our time in Kakadu National Park (an amazing place!!)....I can assure you that there is no wi-fi connection in that 20,000 square kilometres of true natural beauty.
An excellent time was had by my wife and I. (It used to be that if I looked at another woman, Mrs Jacko said "no sex !!!"...now, if I take a laptop computer on holidays she says the same thing...LOL). That's the real reason why I haven't been on the Forum.
Also, my little group of merry men (and the occasional..and very pretty... woman) are doing very well. The two groups know the rules of trading now:
They KNOW:
1. What to do
2. When and how to get in
3. When and how to get out
4. What to do then.
The two groups, especially the older, first group have become accomplished trend traders.
I am really enjoying the two groups and consequently tend to spend more time on the private blog and the 1 to 1 emails.
However, I still pop in here every couple of days to see what is happening.
To anyone who wants to be a successful trader, I still recommend that anyone who is interested in trend trading, to initially read page one of this thread
http://www.forexfactory.com/showthread.php?t=27286
and then this:
http://www.forexfactory.com/showpost...4&postcount=85
If they then wish to fine tune their trend trading then they can ask to join our little group.
.
Last edited by jacko, Mar 18, 2008 4:17am
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Mar 18, 2008 7:39am
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Quote:
Originally Posted by acetrader
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It is good to hear that you & your wife had a great time on your trip. Getting away is the best way to reenergize your body & mind. I have found keeping your wife happy, is the best way to stay happy.
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LOL....Ain't that the truth !!!!!
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Mar 18, 2008 10:40am
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Quote:
Originally Posted by jacko
................................... ...
Also, my little group of merry men (and the occasional..and very pretty... woman) are doing very well. The two groups know the rules of trading now:
They KNOW:
1. What to do
2. When and how to get in
3. When and how to get out
4. What to do then.
The two groups, especially the older, first group have become accomplished trend traders.
I am really enjoying the two groups and consequently tend to spend more time on the private blog and the 1 to 1 emails.
However, I still pop in here every couple of days to see what is happening.
To anyone who wants to be a successful trader, I still recommend that anyone who is interested in trend trading, to initially read page one of this thread
http://www.forexfactory.com/showthread.php?t=27286
and then this:
http://www.forexfactory.com/showpost...4&postcount=85
If they then wish to fine tune their trend trading then they can ask to join our little group.
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Also very importantly, the two groups know what NOT to do:
1. Trade without TSL's (NEVER trade without a stop loss)
2. Go against the trend (anyone shorting this market lately will be visiting the bankruptcy courts real soon!)
3. Chase a trade
4. Wait sooo long for confirmation that you are correct that you buy at the top.
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Mar 23, 2008 9:10am
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Quote:
Originally Posted by honeyclover
hi Jacko or anyone else
i'm wondering whether your method can be use in gold?
The trend is going up and there's a downward retracement at 50% fibo.
I'm thinking if a buy is place around $930.
Will it be following your methods? (^_^)>
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Hi honey clover,
My "method" can be applied to any currency pair or gold or any market that trends. Only the parameters of the Trailing Stop Loss and the contract size are the variables.
Some people seem to think that gold is "going up" or "going down". The same with oil prices. The same with the Euro, the same with the GBP, the same with JPY. However, they all have a single common denominator...the are all priced in US dollars. (If you charted the Euro, the GBP, the JPY and gold...all in US dollars...you will find a remarkable similarity in the charts)
The reason that gold, oil the Euro, the GBP and yen were all rising (and are now correcting) is that the US dollar was falling (and is now correcting).
The question that therefore arises is "which market would I prefer to play in?" For me, I want to be in the market with the strongest trend but with the least volatilty. That to me, is the Euro/USD pair.
So, the short answer to the above question ... you are wondering whether to buy gold at $930...is whether the US dollar is about to weaken again. (If US dollar falls, gold goes up).
I don't believe that the long term trend of the decline in the US dollar (which started nearly 7 years ago in July 2001) is finished just yet.
.
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Mar 23, 2008 9:26am
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Quote:
Originally Posted by jacko
................................... .............................
Also, my little group of merry men (and the occasional..and very pretty... woman) are doing very well. The two groups know the rules of trading now:
They KNOW:
1. What to do
2. When and how to get in
3. When and how to get out
4. What to do then.
The two groups, especially the older, first group have become accomplished trend traders.
I am really enjoying the two groups and consequently tend to spend more time on the private blog and the 1 to 1 emails.
However, I still pop in here every couple of days to see what is happening.
To anyone who wants to be a successful trader, I still recommend that anyone who is interested in trend trading, to initially read page one of this thread
http://www.forexfactory.com/showthread.php?t=27286
and then this:
http://www.forexfactory.com/showpost.php?p=1431044&postcount=85
If they then wish to fine tune their trend trading then they can ask to join our little group.
.
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Hi All
Firstly, I want to say that I am really impressed with the positive attitudes and comments on this thread.
Secondly, I have been pleasantly surprised at just how successfully the members of the two groups are trading. The little experiment of allowing other traders into my ?trading room ? seems to have had excellent results
The number of traders who are telling me that after months, and sometimes even years, of frantic trading and making losses, they have finally started making serious amounts of money with much less stress and effort.
A small number of the first group have now become professional traders, trading on their own and doing very well. Two have also been invited to join one of the brokers that I deal with as junior prop traders.
As you may recall, I kept the second group very small. However, I am now thinking of increasing the size of the second group.
If anyone is interested in joining our second group of trend traders, please feel free to email me at waynejackson1955 at yahoo.com
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Mar 24, 2008 8:59am
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Quote:
Originally Posted by wattawatta
I posted this in another thread but it belongs here now
THE BEST UNIVERSITY IS FOREXFACTORY
THE BEST FACULTY IS THE EUR/USD
THE BEST LECTURER/TUTOR IS JACKO
THE BEST COURSE NOTES ARE JACKO'S HOUSE OF PLEASURE AND PAIN.
THE BEST DECISION I EVER MADE WAS TO JOIN JACKO'S GROUP
I AM BECOMING AN AWESOME TRADER.
NOW THE BEST GRADUATE PLACEMENT OFFICER IS JACKO
I AM BECOMING AN AWESOME TRADER.
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Hi Wattawatta,
I like this... BEST GRADUATE PLACEMENT OFFICER ...LOL, maybe I should go and offer my services at some of the campuses.
The truth be known, i n late February I had a very boozy night (and till about 4am in the morning) with the head of one of the brokerage companies that I deal with and he asked me if I had any young traders in my group who may be interested in trading for his company.
I emailed three of the group who were young, lived in the States and who I felt were competent traders who might have been interested. They are currently negotiating with the brokerage company I think. (I have just put them into contact with each other...I don't wish to be involved any further...the brokerage wants to see their trading statements, whereas I have no interest in seeing that at all. If it works out for both sets of parties, I will be delighted. My understanding is that two have accepted.)
Having said that, I will follow up later with each of my group to ensure that they are not being eaten by sharks....that is, that they are being treated fairly.
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Mar 24, 2008 11:31am
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Quote:
Originally Posted by hayoo
I bought EURUSD at 1.5440 stop 50 pip
so I was stopped out at 1.5390.
then I wait as jacko said to let it go down at least 50 pip, then to put another stop buy at where I was out,
it went down 49 pip at 1.5341 then go up , now is 1.5428.
what should I do now ?
buy at market 1.5428 ?
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Hi hayoo,
I notice that the heading on your original post is "What should I do now?"
Firstly, you should never go into a trade without knowing exactly what you should do in a trade.
Secondly, unless you are absolutely sure what a trading strategy is, you shouldn't use that strategy.
And thirdly, you should never buy again, immediately after a loss. It is a "revenge" buy, and they are rarely successful
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Mar 24, 2008 12:01pm
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Quote:
Originally Posted by acetrader
Hi Jacko,
I read your post about the brokers offering some of the best the opportunity to trade for them & I have just got to wonder why someone with the ability to trade their own money would want to do that? I know two traders that tried that & now they are back doing what they started out doing, trading for themselves. For me trading offers freedom from the rules & regulations that would be place upon a PROP TRADER trading for the brokers. The only thing near trading for a brokerage I would even consider would be starting a small fund, but with that comes many many rules & regulations. Maybe the BROKERAGES made them an offer they just couldn't refuse.
No disrespect intended by this post, but just my views & I could be wrong.
AceTrader
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Hi AceTrader,
I agree with what you say. I would never go and work for someone after knowing that I can make excellent money on my own.
However, I am old and they are young, and sometimes the ego of being Master of the Universe in an investment bank has an allure that us oldies have forgotten (It will certainly get them laid more than staying at home trading on their own account !!!....LOL).
However, as you say, they always have the option of returning to their own trading after they experience some of the rules and regulations of being a prop trader. I recommended it to them solely on the basis that they have an opportunity to practise what they have learnt on a bigger stage.
I would also like to say that I appreciate that my friend at the brokerage firm respected my opinion of my traders enough to fly halfway round the world to catch up with Mrs Jacko and me again and to ask me if they could contact them. (Maybe that was why we had so many bottles of red wine that night....LOL)
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Mar 28, 2008 10:35am
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Counter Trend Strategy
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I believe that now would be an interesting time to try the Counter Trend Strategy....
Go to blog to confirm details.
But I could be wwwrong !!!
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Apr 1, 2008 4:45am
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Clint Eastwood??
Quote:
Originally Posted by newbietrader101
More like Clint Eastwood in a fabulus Hong Kong penthouse.
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Clint Eastwood ??!! CLINT EASTWOOD ???!!!! He is REALLY old...
I see myself as a distinguished older version of Brad Pitt !!!! At least that's what Mrs Jacko tells me...
And I tell her she looks just like Angelina....LOL
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Apr 9, 2008 10:33am
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Quote:
Originally Posted by FXfelix
Hello!
Absolutely wonderful thread!
Jacko`s strategy is really something!
Greetings from Norway
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Thanks for your kind words
Jacko |
Apr 9, 2008 10:36am
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Quote:
Originally Posted by geoffrod
I have followed jacko before he offered to help his first group, i wasn't in a position to do so then, but have taken steps to be in a position now, i look forward to his teachings and hope i can become a better trader with his help.
cheers
geoff
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Hi Geoff,
This is to say that you are acknowledged and that I also hope that you become a better trader.
Jacko |
Apr 9, 2008 10:40am
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Quote:
Originally Posted by MPP
The easiest way to answer this - if it scares you to trade, your risking to much.
$10,000 on a mini is fine just stick to the 2% rule of thumb, then when your in profit and comfortable with the method increase your trade size - but only if your confortable with the risk.
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Hi MPP,
Excellent advice
Jacko |
Apr 9, 2008 10:48am
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Quote:
Originally Posted by cruze2005
Yep, He is amazing. I read up to about page 60 of this thread before I had to skip to the end.
I sent Jacko of an email the other day to find out some info in regards to 'turtleship' and I hope to hear from him. I have been trading forex for about 12 months. I attended a course in 2007 which I learnt all about charts use, setups and some trading styles. Unfortunatly they were pretty complex, in which you have to set up this and that then wait for this and that to happen they enter the trade this way and set up this to get out radda radda radda and so on.
Ill be honest this method has netted me more pips then ever, and right now I am being more disiplined with the eur consolidating, and I believe it is because I am understanding how this method works, and why there are some many people that believe in it.
I now look forward to a future of being a posible forex traders, however being 26 I understand also that life is long and there is no need to race to earn my first bucks.
Thanks for the feedback newbie, much appreciated
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Hi cruze,
I am sorry but my computer was attacked and disabled by a virus on April 1.
Could you please re-send the email. (I don't want you to think I have been rude and simply not answered your email). Also tell me that you are cruze.
Jacko |
Apr 10, 2008 2:44pm
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Quote:
Originally Posted by MPP
All great positions and each can be Ah'd if we fail. i'm with you on this one, all though i will try to buy as low as i can.
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Hi MPP,
Just been taking a read of the last couple of pages.
I am really impressed with how everyone in this thread is positive with each other and trying to help each other.
There is no aggro anywhere.
Congratulations to everyone here, I can see that the thread is in the good hands of some very capable traders here.
I am off to bed. It is 2.40 am and I have been watching the market.
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Apr 11, 2008 11:14am
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Quote:
Originally Posted by takeprofit
Hello everyone
Just wandering what people think to leaving trades open over the weekend. I can see price now meandering around in a narrowing range around 5820 - 5830.
Does the weekend need any special consideration? I?ve been looking at previous Friday to Monday action and it appears to go down regularly.
I?m wishing for 5900 obviously but trying to trade intelligence rather than wishful thinking.
I accept my experience here is very limited / none existant so looking for views from people with experience.
Thanks?
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Hi takeprofit
If you have a reasonable profit, I would recommend that you stay in the market. The EUR/USD is such a big market that it would take a monsterous matter to have a serious enough effect as to make the market gap either up or down.
However, I would rarely see a reason to open a NEW trade late on a Friday.
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Apr 11, 2008 11:16am
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Quote:
Originally Posted by Hundmist
Take the info in TYWTFF by V. Tharp for what it's worth - about $18.95. Tharp is in the business of book selling, not trading.
The founder of this thread is a real trader. His methods can be duplicated. How many other successful "millionaire" traders from Lien's and Schlossberg's book could duplicate their success? Maybe 2 out of 10.
Jacko's trades are documented. He even tests counter trend plays with real money and cautioned his group with his intention. The guy is a quiet legend.
Thank you Jacko.
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Hi Hundmist
Thank you for your kind words. (blush)
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Apr 11, 2008 11:20am
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Quote:
Originally Posted by Bakuli
Hi Take Profit,
I find what helps emotionally is to have a plan before you place your trade and then trade to that plan. That way you do not have to start making all those decisions about exits, take profit etc during a trade. Personally, I don't always look at the resistance levels to take profit because price will always meet with pockets of resistance along it's way. I have a predetermined number of pips that I want to protect once I am x number of pips in front and leaving the rest to run. It's just my way of managing my trades and it helps me emotionally and keeps me disciplined (ie following a plan).
Another factor, which has been mentioned before, is that if a trade is causing one much anxiety, then probably it may be due to taking on too much risk. So the logical step would be to cut down on the size of the trade until you feel comfortable with it and feel less inclined to "interfere" with the trade, letting your pre-determined trade plan play out itself. I used to trade too big a position for my account and that affected me greatly in that I was watching every tic with constant thoughts of "Shall I take profit now ? Shall I cut my losses now ? etc. ". I wasn't able to trade any pre-determined plans I had for my trades because of the anxiety and strong compulsion to close the trades prematurely. Well, that's all history now since I started trading at a more sensible size and can withstand several losing trades without seriously damaging my account.
Happy trading
Bakuli |
Hi Bakuli
Your post shows a great increase in your trading maturity....EXCELLENT WORK !!!!
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Apr 11, 2008 11:36am
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Quote:
Originally Posted by Bakuli
Hi Take Profit,
I find what helps emotionally is to have a plan before you place your trade and then trade to that plan. That way you do not have to start making all those decisions about exits, take profit etc during a trade. Personally, I don't always look at the resistance levels to take profit because price will always meet with pockets of resistance along it's way. I have a predetermined number of pips that I want to protect once I am x number of pips in front and leaving the rest to run. It's just my way of managing my trades and it helps me emotionally and keeps me disciplined (ie following a plan).
Another factor, which has been mentioned before, is that if a trade is causing one much anxiety, then probably it may be due to taking on too much risk. So the logical step would be to cut down on the size of the trade until you feel comfortable with it and feel less inclined to "interfere" with the trade, letting your pre-determined trade plan play out itself. I used to trade too big a position for my account and that affected me greatly in that I was watching every tic with constant thoughts of "Shall I take profit now ? Shall I cut my losses now ? etc. ". I wasn't able to trade any pre-determined plans I had for my trades because of the anxiety and strong compulsion to close the trades prematurely. Well, that's all history now since I started trading at a more sensible size and can withstand several losing trades without seriously damaging my account.
Happy trading
Bakuli |
To all Newbies,
This is why one of my brokers approached me a short time ago and said to me..."we want some traders who are passionate about trading...BUT have the maturity to be excellent traders... AND have a good trading record...who would be suitable for prop trading for our bank.....Do you know anyone???" (Three people out of my group were identified and contacted and two have agreed to take up positions with the bank...the third wasn't prepared to relocate)
If you read the above quote from Bakuli, and can identify with what he is saying, then you have the potential to become an excellent trader.
If you say that he is "full of horse-shit" and you just want to punt on the next 10 pips....then you will NOT become an excellent trader and your trading life will be very short.
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Apr 15, 2008 8:59am
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Quote:
Originally Posted by takeprofit
I pulled the trigger and got filled at 5805. I'm pushing up now guys.
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Hi takeprofit
Be VERY careful...The ECB wants the Euro below where it is.
Don't stand still when the elephants start dancing.
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Apr 15, 2008 9:08am
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Quote:
Originally Posted by jacko
Hi takeprofit
Be VERY careful...The ECB wants the Euro below where it is.
Don't stand still when the elephants start dancing.
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I repeat :
Be VERY careful...The ECB wants the Euro below where it is !!!!!!
But I could be wwwrong !!! |
Apr 15, 2008 9:21am
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Quote:
Originally Posted by takeprofit
OK got it Jacko, thanks. Waiting patiently now for the elephant to get tired.
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When elephants get tired they sit down.!!!!!
Don't stand still when the elephants start sitting down.
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Apr 15, 2008 9:50am
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Quote:
Originally Posted by acetrader
Jacko
Thanks for the headsup & the added humor is great as well. There was a saying some years ago "When E. F. Hutton Speaks Everybody Listens"
or something along those lines....Now we can say "When Jacko Speaks,
Everybody Should Listen". For those too young to remember E. F. Hutton,
just give Google a go for the info. Best trades to all.
_______________
AceTrader
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Hi Acetrader
When Mrs Jacko speaks ... EVERYONE listens...
AND DOES WHAT SHE SAYS !!
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Apr 15, 2008 10:04am
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Quote:
Originally Posted by acetrader
Jacko,
I know what you mean as I'm in the same camp with you. Thats the only way to stay happy. Thanks for all you do for the members of this forum.
AceTrader |
Hi Acetrader
Thanks for your kind words
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May 1, 2008 3:01am
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Quote:
Originally Posted by Archer
One of the group members asked Jacko why he would share his method so freely. The concern was that if everyone used the method it would not be as effective. Jacko replied (I am paraphrasing) Most traders will not follow the method. They will add a bunch of indicators and trade shorter time-frames, trade against the trend and in the end their system will not reflect the core of the method he is teaching. Therefore, he had no concern sharing the method. He knew most traders would lack the discipline to follow it over the long term.
Turns out he is not only generous with his time and talent reading the market. He also reads people pretty well.
Trade the plan and you will do just fine. Thanks for your help Jacko.
Archer
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Hi Archer,
I can see from the last couple of pages that there seems to be a bit of confusion about the method.
I will outline it here again, including the revisions to the strategy (which were caused by the significant increase in volatility in the Euro over the last six months).
I am a Trend Trader
1. buy/ sell ONLY in the direction of the major trend and
2. buy/sell on dips.(Use support lines to guide you as to price...also "round" numbers ... I also use the 50% Fib ratio..)
3. bank your profits
How do you know what the trend is?
DETERMINE THE TIME FRAME THAT YOU WANT TO TRADE.
1. If the graph on the chart starts in the bottom left hand corner and ends in the top right hand corner, the market is going UP.
2. If the graph on the chart starts in the top left hand corner and ends in the bottom right hand corner, the market is going DOWN.
Anti-Hedge Method
That strategy is:
1. you put a trade on and you put a Trailing Stop Loss of 100 pips (this has been raised from 50 pips due to increased volatility in EUR/USD pair)
2. the market goes against you (horrors....I was wwwwwrong !! )
3. let the market continue...it will probably go say another 30 - 100 pips past your stop...who knows ???
4. WHEN IT MOVES 50 PIPS BEYOND YOUR STOP LOSS, PUT AN ORDER IN AT THE EXACT SAME FIGURE AS YOUR STOP LOSS (if you were originally "long" then place a "long" order) This ensures that when the market comes back, as it invariably does, you have a DEFINITE order in place to put you back in the market where you were originally...and you are now in the same direction as the market is moving..
5. FINALLY, the market comes back around and starts to head in the opposite direction
6. The market picks you back up on its new direction
7. The A-H trade also has a 100 pip Trailing Stop Loss. It is also a one-time trade. There is no A-H on an A-H trade
I hope that that clarifies the situation
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May 13, 2008 8:47am
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Thank you for your kind words
Hi Wattawatta and Forexfixer,
Thank you both for your kind words.
You are two fine people who are developing well as traders
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May 22, 2008 10:31am
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Quote:
Originally Posted by zorroz
just got taken out at 263 pips on 2 lots and additional 63 on 1 lot. guess it's a matter of waiting now for a retrace and another chance to enter
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Hi zorroz
Many in the group did exactly the same ....
We all had a good week at the forex banquet. My 263 pips on the first set and 63 pips on the second set were very pleasant....
Mrs Jacko is out shopping...
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May 28, 2008 11:41am
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Quote:
Originally Posted by Bizking
Hi Jacko
I was wondering if Jacko or any of his turtles could answer couple of questions?
In discussion on other forums about forex trading there were comments like this;
Referring to profit p.m.....”5-6% isn't really possible “ I belive that I have read somewhere
in this tread that Jacko's turtles where doing about 30 – 40% in the first 3 or 4 months under
Jacko's supervision.( I think it said “conservatively speaking”) Or did I imagined it?
I'm not able to find that comments again so is this possible, are you that successful?
I have mentioned that in that discussion that I know trader which is doing better than that, and the replay was;
5-6% on a 1000 $ account or 5-6% on a 1 million $ account? And on what time frame?
I saw traders perform 5% each month for a little over a year with 1000$. But let that same trader handle the millions of $'s for years,
and that same superb trader suddenly drowns in the big FOREX pool.
Is that what's happening, when you start trading bigger volumes the nerves fall's to bits and the strategy's do not apply?
Jacko is this what's happening to your students? Do you hear or communicate with those which
graduated and trading as a pro's or those which started trading for the bank?
Would love to hear what sort of result's they achieving.
There is lot's of grateful people around here that they found you who is willing to share
and teach others your very successful strategy's.
Regards
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Hi Bizking
You have raised a number of issues,so I will try to answer them in the order you have asked them.
1. I think the post that you are referring to is this one
http://www.forexfactory.com/showpost...postcount=1413
2. I do not believe that as you trade bigger, "the nerves fall's to bits and the strategy's do not apply". In fact, I believe the reverse to be true...as you get nervous, you tend to rely more on the strategy.
3. The traders who have moved to the prop trader positions have barely got their butts on a seat, so it is premature to ask how they are handling the pressure of trading millions of dollars...LOL
4. Whilst I am sure that you "Would love to hear what sort of result's they achieving", there is an issue of privacy. Also, while one of our members recently wrote to me to say that her current rate of return (of 200%+) was nice but she was looking to improve her even further. Others have also emailed me with equal or better results. However, the issue is whether YOU can achieve those types of results.
5. If there is a number of grateful people here, then I feel good, because I am only sharing what I do (trade forex), how I trade (trend trading and the occasional Counter Trend trade on full moon craziness nights), why I take those trades and when I take the trades.
6. Finally, I am enjoying the two groups. They are a very interesting and talented group of traders.
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Jun 6, 2008 4:19am
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Quote:
Originally Posted by carterpaul
I am a newbie looking for some direction. Jacko's offer sounds incredibly cheap. His posts here seem very genuine and straight.
I have paid a lot more money for trading programs and found that once I paid the money, nobody wanted to do anything else with me except sell me another-more expensive- training sessions or software programs.
Does Jacko try to upsell you to any other training or software packages when you join?
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Hi Carterpaul
My wife tells me that I am "cheap" all the time...
I can assure you that I will not try to upsell you to any other training...
I can assure you that I will not try to sell you any software package...I am a techno-moron, so there is NO chance of any software packages from me...
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Jun 6, 2008 4:21am
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Quote:
Originally Posted by Tradethepips
Hi Carterpaul,
no man, absolutly NOT, he never try to sell anything else. This is just a generous man that wants to beat the big guys and help others to do the same. That's it. He response every mail that i send to him within the next 24 hours. THIS IS NOT ADVERTISING! This just the truth.
I have learnt a lot man, and my trading style has become much calmer and less emotional.
Lots of thing to learn.
Good trades to all
TRADETHEPIPS
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Hi MPP and Tradethepips
Thanks for your kind words
Jacko.
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Jun 21, 2008 9:15pm
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Quote:
Originally Posted by jharvey407
I have just spent the entire day... reading this entire thread and making notes for myself.
Thanks for all of the information. What I have learned here will take my trading to a new level.
I have sent PM's to a few of you regarding the Jacko Group, and I have sent and email to Jacko himself.
Thanks for all of the info. I look forward to learning more about this methodology.
Good trading.
James
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Hi jharvey,
This might help you put things into "context". It is from the group's blog and is some longer term views on where I see the market going....
....... I will give you my initial thoughts (which usually are the best indication...too much thinking about things can sometimes result in just a serious case of confusion).
I agree with your first two paragraphs as to the macroeconomic scenarios. The issues I would add to that which I think has an enormous impact is that there has been a seismic change in the relationships between US banks and their major customers which they stuffed with bad mortgages by the Billions. Those poisoned relationships will take a lot of healing.
However, overshadowing even that, the biggest elephant in the China shop is the ongoing debasement of the USD by the government
Ok...how does those issues impact on where I think the EUR/USD is heading ??...I still think that we will see above 1.6000 again in the near future.
The US economy is in serious trouble, and the political will to correct those problems is not anywhere in evidence.
Despite all the rhetoric from the US administration, they have worked out that the easiest political solution to many of the US economic problems is to simply allow the USD to fall and spread the pain over as many people as possible.
The Governement have decided some time ago to debase the US dollar to finance the yawning deficits. Mr Bernanke even said in his infamous speech back in 2002 (I think) that if he was in charge of the Fed and saw a recession looming he would "throw dollars from a helicopter" to get the markets stimulated. Hence his monicker of "Helicopter Ben".
Well he has found a better solution... The printing presses are running flat out printing dollars by the BIllions...That's why they now no longer publish the M3 money supply figures. ...If they did, the game would be up.
The U.S. has had difficulty attracting enough foreign investment to finance the Deficit (caused by, among other things, the huge and irresponsible spending by the US government on Trillion dollar wars, etc) in the past 6 years.
So, the governement has two options: they could either raise interest rates aggressively to attract foreign investment, which would bring the economy to a screaming halt....or actively but surrepticiously, allow a debasement of the currency, which would allow the foreigners to buy U.S. assets at a huge discount and get US exporters to start making money to reduce the deficit.
This debasement has been going on for 6 years now... It started slowly, gained momentum in 2004 (as the government got hooked on this new "drug"), only to see a dollar rally (because of minor, weak steps to slow the decline) in 2005, then the debasement accelerated again in 2006, 2007, and the first half of 2008 (as the Government got really "addicted").
Again, I repeat, the political will to correct those problems is not anywhere in evidence. Having said that, I also believe that there will be corrections along the way. However, I may (!!!) be amazed and see a Democrat President put serious, hard-line financial measures in place...but I doubt it !!! Presidents have a tendency to want to be re-elected !!
I see in the long term as high as 2.0000 within the next two years. But I think that level will be a major wake up call to the US authorities. At that stage, I would also think that the Government will have withdrawn from any financially debilitating wars.
Having said all that....I could be wwwrong!!
I hope that helps you
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Jun 22, 2008 10:37am
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Quote:
Originally Posted by rnl16616
Comment has been made previously in this thread about treating this as a "business" and using a "business plan". Can someone explain a little more clearly what that is in terms of the key principles/steps? [I appreciate that it is highly likely that business plans would need to be personalised...but presumably the principles will still provide the framework for defining a plan]
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Hi rnl16616,
Forex trading is a business...it is not a game.
Within the inherent dangers of the greed of most traders and the massive leverage available, Forex trading is the most financially devastating and dangerous game in town.
However, used properly, it is easily the BEST business opportunity available on the planet.
If the average "newbie" trader can curtail their greed and inclination to "punt on every tick," the financial benefits from the leverage and the power of compounding is unprecedented in my business experience. (see here http://www.forexfactory.com/showpost...23&postcount=2 )
In regard to a "business plan", every business plan will be different for each person. For example, I am old and am not interested in being tied to a computer like some of the young guns in the GBP/USD and GBP/Yen thread. (Apart from being unsustainable in the long term as a method of trading, I want to have a life balance where Forex is a major part of my life...but not the ONLY thing in my life. However, I have great respect for the commitment for those guys...but it is a case of different strokes for different folks).
In regard to "principles (which) provide the framework for defining a plan", as a medium term trend trader the key imperative for me is to take a definite position on where the long term trend is heading.
That is the first principle from which ALL other trading decisions flow.
And surprisingly, it makes my trading soo much easier, because there is no need to continually stress over which direction to trade.
I hope that helps...
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Jun 24, 2008 10:01pm
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Hi all
One of the members of the group sent me a copy of this broker's opinion. I really like the contents in relation to the long term. It is an excellent very long term view.
Quote:
This report takes a somewhat more philosophical look at the state of the US in general, and the US dollar by default. It is important I believe to be aware of where we are in the big picture, so as not to be confused by reference to shorter time frames that may no longer be relevant. The following view may prove inaccurate, if correct however, it is important to recognize this new state of affairs as soon as possible. It is this ?view of the world? that has supported my bullish China, commodities, Euro, and Australian dollar calls of the last few years.
It is true the US dollar has fallen a long way and deserves to bounce, but something is still not right! Hard to put my finger on it, but early on after 20 years or so of the decline of the Roman empire it probably looked like a good time to buy Rome. I am not trying to be clever it is just that it is possible the US dollar, while at the bottom of its trading range of the last 30 years, may also be now at the top of its trading range of the next coming 30 years.
If as I suspect the world has forever and irreversibly changed, in that capitalism which needs to expand to survive, and has only ever been previously founded on a fantasy of the level playing field, has just now in the last ten years respectively discovered the vast still untapped potential of greater Asia, and for the first time in capitalist history, any history, actually has created a level playing field via the internet, free trade, and global financial markets: What value then, is the previous premium the US once held as a result of its dominance, even control of global capital, technology, and military power? We could go further and mention a prior US image value of world leading standards in many industry and business areas such as accounting, which have now been clawed back to a state of simple global standards that are held everywhere. If all those prior premium and perceived values no longer exist as a US advantage, how much is the US dollar really worth? What is its sense of self value.
My point is that much of the "good will" value that previously existed, or was relevant, has now evaporated as the rest-of-the-world has come on line in so many areas over recent years. The advent of the now clearly established sea of balanced global portfolio flows, as opposed to the prior US centric model, are a direct result of the overall levelling of the economic playing field. This is a function of there now being greater expectations of profit elsewhere in the world, and a significant degree of fear and confusion with regard to this once premium stock called the USA.
This now multi-year trend lower in the value of the US dollar is a bigger more significant long term historical price shift than any of us can envisage. There is a saying that if you are inside a pressure cooker it is hard to figure out where the pressure is coming from. Lloyd Rees, a renowned Australian artist once said, "the beauty of living in the midst of neverendingness". Perhaps we could add that what we are now experiencing in financial markets, is the blissful ignorance of living in the midst of the most important repricing of any market within a thousand years.
The power shift, and increasingly the wealth shift, toward Asia, particularly China, is palpable. This event, or process, is for the first time perhaps so huge, that even though we have reached a point of understanding of it, it is still just starting!
This runs counter to the usual contrarian approach to markets, where once an opportunity is fully recognized, it is time to go the other way. On this occasion we may just have to accept we do not grasp in real time just how large a historical re-pricing of the USA is occurring. In coming years we may see the Euro trade against the once mighty greenback at levels of 1.85 and 2.15. We may even see the Euro at 2.45 to the US dollar in ten to fifteen years time.
Right now, it is as when any medium changes state or collides with another, such as ocean to continent, there will be a lot of turbulence, rough water, and hopefully also some good surf. In the medium term then, the view here remains that the US dollar can continue to fall to Euro 1.64 from current levels. It may possibly reverse from there as deeply as Euro 1.52 or 1.48 again, which would be about the right correction should actual co-ordinated intervention occur. Such intervention is highly unlikely at current levels however. After such a post intervention correction/rally in the US dollar, I would nevertheless continue to expect, after 3-6 months consolidation, a further resumption of the US dollar down-trend to Euro 1.85.
On an immediate practical level I therefore suggest continued caution in regard to buying the US dollar. In fact while what I believe to be very strong technical support in the Euro market at 1.5280 holds, I suggest continue to approach all markets from the point of view that the USA could remain the worst performing economy for the next 12-18 months at least. With Paulson and Bernanke now being aware that on top of everything else, potentially higher oil prices near US$147 could send their economy into a severe recession or depression, they will fight like never before. Given this awareness, they/Bernanke will not under any circumstances be raising rates. That is why Chairman Bernanke will make very aggressive hawkish statements as a form of ?talking? down inflation. Yet this strategy, of jointly talking up the economy while attempting to talk down inflation, runs a great risk, that in time their talk comes to be seen in similar kind to previous and blatantly hollow strong dollar policy comments.
In summary the view here is that the balance of global wealth and power has only just begun to shift, and therefore the US dollar remains tremendously overvalued. While some repeatedly speak of the US dollar being at the bottom of its range of the last 30 years, I prefer to highlight it is potentially at the top of the range of the next 30 years. My stop loss for practical purposes on this view is at or just below that Euro level of 1.5280.
Yes, intervention in the currency markets is a distinct possibility, but I suggest nearer Euro 1.64 levels than where we are at the moment. For now I remain US dollar bearish.
Clifford Bennett (Sonray.com.au)
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Jun 27, 2008 12:33pm
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Quote:
Originally Posted by WarrenBuffet
How much money could you make by trading his calls?
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I am not a signal service...My trades are not a recommendation.
They are simply to allow you to see when and what I am trading and why.
I don't ask people to follow only my trades.
My trades are simply my trades,...
some of the group trade my trades PLUS their own...(very successfully!!!)
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Jul 1, 2008 11:07am
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Quote:
Originally Posted by tehuringa
I'm still happy waiting for a decent retrace and like a few others around here I'm aiming at the 1.5650 level for the confluence of the 50% fib, trendline and a round number entry point.....half the battle with adopting the "Jacko mindset" is learning patience.....something I've lacked in the past but I'm more than happy with my current results now I've stopped chasing every move.
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Hi tehuringa
The market severely punishes impatient traders...
Most new traders are impatient...
You are doing well
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Jul 3, 2008 11:53am
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Quote:
Originally Posted by Lou
Does Jacko ever check in here with a comment anymore?
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Hi Lou,
Yes I do....
But mostly I am updating the private group blog and answering the emails from each of the group (I try to answer all emails within 24 hours).
The mentoring of a truly fine group of committed and serious...and some spectacularly profitable..... traders is continuing to give me enormous satisfaction.
Trading is the best business in the world from a financial aspect.
Mentoring my two small groups is the best thing from an emotional aspect.
I am a very lucky man...I get to do both...
.
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Jul 8, 2008 6:26am
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Quote:
Originally Posted by luqmanz
May all of us become great traders .... |
Hi luqmanz,
That is my aim !! I want to help the serious and committed traders here become great traders !!
I have already seen some spectacular results from some of the traders in the group...
And luqmanz is being too modest about his own abilities.
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Jul 12, 2008 10:42am
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Quote:
Originally Posted by jacko
I repeat :
Be VERY careful...The ECB wants the Euro below where it is !!!!!!
But I could be wwwrong !!!
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Hi adzreenyp,
The above post was posted on April 15, 2008 when the market was at 1.5870.
The market rose a mere 145 pips (to its all-time high of 1.6018) some 7 days later on April 22.
It then collapsed 735 pips to 1.5283 under ECB pressure some 16 days later on May 8.
The ECB has been desperately trying to hold the Euro in check ever since, but the problems in the US economy are just sooo big, that nothing can hold back the tsunami that is engulfing the USD.
PS (Actually, the immediate withdrawal from the expensive Iraq war and the imposition of immediate interest rate hikes in the US would have positive impacts on the USD but there is absolutely no political will to achieve either of those goals. The irony is that both things WILL happen in the future, but not in the short to medium term and that will be the start of the turn around in the fortunes of both the USD and the US economy)
It ain't over yet folks. This is going to get REALLY ugly!!!
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Jul 14, 2008 7:35am
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Quote:
Originally Posted by scyang
Where is Jacko posting his comments these days?
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I am currently spending most of my time with my two groups of traders.
I now update the private group blog about 4 times a day and answer the emails from each of the group.
I try to answer all emails within 24 hours, except on weekends...(Mrs Jacko has banned me from emailing on Saturdays and Sundays...she says it encourages young traders to start a bad habit. "Weekends are for family....and shopping !!").
I also have a weekly review where I review the week and how we could have improved our performance.
As I have said previously, the mentoring of a truly fine group of committed and serious...and some spectacularly profitable..... traders is continuing to give me enormous satisfaction.
Trading is the best business in the world from a financial aspect.
Mentoring my two small groups is the best thing from an emotional aspect.
I am a very lucky man...I get to do both...
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Aug 25, 2008 9:31pm
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Quote:
Hi Jacko!
I've decided to look through Your profile to check up on new posts for any new "jacko style hints" and see You haven't written anything for a while. Everything OK?
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I have just received the above message in my PM's
Sorry for the delay in replying but firstly I have been in Beijing for the Olympics and only just returned and secondly, I don't post on the FF too much lately because I have been so busy with the small private group that I am mentoring (see footnote).
I am very well so thank you for your concern.
Jacko
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Last edited by jacko, Aug 26, 2008 2:06am
Reason: typo
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Aug 26, 2008 2:07am
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Quote:
Originally Posted by forexfixer
In the office and ready for another big money week. Trades this month:
Sold 5900 Bought 4650 Profit 1250 pips
Bought 4600 Sold 4880 Profit 220 pips
When does Jacko get back from Beijing?
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Excellent trading..
Jacko
PS I am now back from Beijing Games
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Sep 22, 2008 2:59am
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Quote:
Originally Posted by lilmoe
hey there big guy how's it goin'? hope u guys were able to catch that dump |
Hi lilmoe,
Some of my traders made big lumps of money from it.
Unfortunately (or fortunately, because it was such an amazing event) I was in Beijing for the Olympic Games. (the advantage of being old, successful and retired from "normal business". PS Did I tell you that Forex Trading is the best business on the planet????)
As you may recall, the drop coincided exactly with the opening ceremony of the Games. (8 pm on 8/8/08 China time is exactly 8 am on 8/8/08 NY time).
Mrs Jacko asked me not to trade during our two weeks at the Games so as not to spoil her enjoyment, but some of the group did extremely well.
We have just flown one of the traders over here who has only been a member of the group for about 8 months but has done exceptionally well to show us his method and approach to trend trading.
He is a real Michael Phelps of trading (admittedly over a short period...but the first group has only been going for less than 12 months and the second group even less time....but we have had a number of traders turn full time traders and some have been given prop trading positions with some trading houses that mark and I deal with). He has great trading instincts and will be a great addition to our little team. I have already started placing his trades on the blog as well.
My two small groups are progressing very well.
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Sep 22, 2008 9:59pm
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Hi All
I think everyone on the Forum should know that the Moderators here do a truly excellent job.
Guys like Scott (smjones) and Merlin and the others all do it as a free service to all of us who post here.
This is easily the best forum for forex anywhere on the internet and it is primarily due to the efforts of these guys. I have seen another site where the chattering rabble and kids came in about two years ago and totally destroyed the credibility of the forum.
And even though the site brought in a new moderating team and have much bigger resources behind them, they are still just a shadow of what they were two years ago
It is good to see the efforts that Scott, Merlin and the rest of the team here put in to keep this the most credible forex forum on the internet.
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Sep 23, 2008 7:05am
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Quote:
Originally Posted by Lowen
Hey Jacko,
nice to read that you still like it here
I consider this confidence very important.
cu, Lowen |
Hi Lowen,
As I have said above, I think that this is the best forex forum on the internet. I just hope that everyone here realises just how valuable a resource this site is. People, especially newbie traders, can come here and quietly read a wide range of intelligent strategies, techniques and opinions. They have the ability to learn about what I consider to be the best business on the planet.
As I have said before, if you think that there is a better business on the planet, then I will gladly consider investing in it. In 35+ years of business I haven't found one that even comes close to the benefits of Forex trading. I really wish this business or opportunity had been around when I was in my 20's. I was lucky that I have been successful in two other very large businesses, but it was much,much harder and took much, much longer than what I have earned from forex trading. But I am still envious of people in their 20's who have the opportunity to make it a life long business
If in any doubt of the benefits of Forex trading compared to any other business, Then go back to page 1 of this thread
http://www.forexfactory.com/showthread.php?t=27286
Then think that if you want to buy a McDonalds store, it will cost you a minimum of $1 Million, just to buy the franchise and open your doors.
Hell, a coffee shop costs around $300,000 nowadays.
Think about it, then go and read this again!!!
http://www.forexfactory.com/showthread.php?t=27286
As I said above, this Forum is an incredibly valuable resource to people who want to become involved in this business. It disappoints me when others, with no real world experience of business and, in most cases, no real experience of trading, come here with the intention of trying to prove that their point of view is the ONLY legitimate point of view. They then proceed to argue and fight with others, and totally disregard the impact that this type of juvenile behaviour has on the credibility of the Forum.
The Moderators do an excellent job here keeping the Forum as a credible and first class forum ....and it is free of cost to anyone who wants to come here.
As a person from the real world of business and as a mentor to two small groups of traders , I understand how much work is involved in this Forum and the guys like Scott and Merlin and other moderators deserve thanks for providing all of us here a world-best forum.
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Nov 11, 2008 10:36pm
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In one of the most disturbing articles I have seen for many years is this article on Bloombergs yesterday about how the Fed has refused to identify the recipients of $2 TRILLION in loans.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aatlky_cH.tY& refer=worldwide
"Nov. 10 (Bloomberg) -- The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.
Fed Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson said in September they would comply with congressional demands for transparency in a $700 billion bailout of the banking system. Two months later, as the Fed lends far more than that in separate rescue programs that didn't require approval by Congress, Americans have no idea where their money is going or what securities the banks are pledging in return.
We have what appears to be non-elected officials (The Fed) handing out $2 TRILLION without Congressional approval and apparently, without any Congressional knowledge or debate.
In addition, when asked by the media (Bloombergs) as to the identity, the Fed has refused to answer. Bloombergs has requested details under the Freedom of Information Act and filed a Federal lawsuit seeking to force disclosure
This is starting to reveal the real depth of the financial crisis looming in front of us.
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Nov 27, 2008 8:49pm
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This is an edited version of a message that I sent to the Jackson "turtle" group earlier today. I have been asked to place it on Forex Forum, especially in regard to point 7.
Happy Thanksgiving Day.
In this industry we have many reasons to give Thanks for everything that has been given to us.
Firstly, I give Thanks for finding this extraordinary business where there is incredible flexibility in establishing, running and financing the business.
Given the huge leverage in this business, anyone can enter the industry and establish a trade... and their subsequent business.
Also, while running the business, if I see an opportunity I can be involved within 30 seconds. More importantly, if I am in a trade and I feel that I have made a mmmmmistake I can be out of that transaction within 30 seconds. (try doing that with any other business!!)
Also, the leverage and compounding allows extraordinary growth and profits. In just three short years I managed to escalate from 2 standard contracts (with one borker) to very large numbers of contracts, in a normal trading transaction.
Secondly, I give Thanks for a market that trends so regularly that opportunities are around every corner. Even though I have missed an opportunity or two in the past, I can remain confident because I know that there are plenty more opportunities to come.
Thirdly, I give Thanks for the fact that I can conduct my business from anywhere in the world with just my laptop and an international cell phone.
Fourthly, I give Thanks for being able to “think out” the Anti-Hedge strategy which turned my initial losers into winners and escalated my win rate from high to very high levels
Fifthly, I give Thanks for having some excellent resources (in the form of books about earlier successful traders) which have been a beacon in those times when I have been sitting on the sidelines, wanting to rush in. Those resources have all emphasized the waiting as a precondition for becoming a winner.
Sixthly, I give Thanks to each of you for being part of this new tribe of traders that have decided to join with me in this lifelong business of trading. Also, some (most?) of you have also been more aggressive in your trading than me and I have been happy to read that many of you have made excellent profits. We have all embarked on a journey that, God willing, will allow us to have a simple yet profitable business for the rest of our lives. (For any of you who think that retirement is good, let me tell you something....playing golf every day is boring ...and the people who do play golf every day are even more boring!!!! I am old...and getting older...but I still get an adrenalin buzz from a successful trade.)
Seventhly, I give thanks for Forex Factory, without which I would never have met any of you. In my communications with each of you to date, you have ALL shown that you want to be serious and committed traders, and are willing to learn. Some of you will always be more aggressive in your willingness to take positions and some of you will be more safety-conscious. There is no right or wrong way, as long as your profits are maximized AND any losses are minimized. I think that a number of you are potentially better traders than me. If I can just help show you how I trade, I hope that many of you will use my experience and style and modify it to suit your own personalities. You can then go on to have as rewarding a time as I have had in this business. I. personally, am enjoying the group dynamics and hope that the group goes on for years as we all get to know each other and start to share our trading experiences in the near future.
Finally, I think everyone on the Forum should know that the Moderators here do a truly excellent job. Guys like Scott (smjones) and Merlin and the others all do it as a free service to all of us who post here.
This is easily the best forum for forex anywhere on the internet and it is primarily due to the efforts of these guys. I have seen another site where the chattering rabble and kids came in about two years ago and totally destroyed the credibility of the forum.
And even though the site brought in a new moderating team and have much bigger resources behind them, they are still just a shadow of what they were two years ago
It is good to see the efforts that Scott, Merlin and the rest of the team here put in to keep this the most credible forex forum on the internet.
Last edited by jacko, Nov 27, 2008 9:01pm
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Dec 1, 2008 7:56am
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Quote:
Originally Posted by wattawatta
Thank you Jacko for showing us that we need a balance in our lives and to be thankful for this opportunity.
You are unerringly polite and generous with your time and advice to all of the group.
Despite being a monsterous trader in your own account, you now have the big trades from your own Hedge Fund. Yet you still take the time to comprehensively answer EVERY one of my emails (and i expect each of the other member of the group) within 24 hours.
I don't know that there would be many people in Forex that trade 200+ standard lots at a time that...
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Hi Wattawatta,
Thanks for your kind words.
I have been a bit remiss in not contributing as much as I would have liked to here on this great forum but I have been very busy with helping the very serious and committed traders who are members of my two small groups.
However, I am looking to spend some more time here. As I have said previously, I think that this is the best Forex forum on the internet.
. |
Jan 27, 2009 8:32am
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Quote:
Originally Posted by Interceptor
It's an (understandable) shame that Jacko hasn't enough time to occasionally post on this thread. It would help to keep it 'on track' for new arrivals.
Also, it's difficult to know what you can and can't post on here.
Take the J16 group as a comparison. The cost of the PF is a LOT more expensive than Jacko's PF, yet there does not seem to be any 'firewall' between PF members and newbies as far as the impartation of knowledge gained from the PF is concerned. Hence the FF thread continues to serve as a vibrant and valuable learning resource, and also...
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Hi Interceptor,
1. Thanks for bringing this to my attention. I can’t speak for James16 because I don’t personally know him, but the only reason that I haven’t been here very much is that I have just been very busy. I have my own considerable trades to look after, a private Managed Fund, my two small groups which keep me very busy and I have a wife that likes to travel. And I am trying to enjoy “retirement”…LOL
Having said that, the two groups are an exciting bunch of traders, some very experienced, some novices, some old and some young…..But the best thing of all is that they are ALL courteous and they are ALL serious and committed to becoming great traders.
2. As to keeping the thread “on track”, it is actually very hard to get off “the track”. The method of my trading is outlined very clearly (I thought) at the start of this thread on Page One.
My basic method hasn’t changed a great deal except to allow for bigger 100 pip Stop Losses due to the extraordinary increase in the volatility of the Euro/USD pair.
3. As to what you can and can’t post here, there is no restriction on any of my members whatsoever. I can only assume that members of the groups would consider seeing my trades posted here as a breach of my privacy. And in all honesty, I think that that may be the difference between my groups and any other groups. They get to see what and when I trade and why I take those trades. They are real trades and nothing is posted or sent after the event except for the review of the trade’s results. It is all laid out clearly…I hope… and in advance of me taking any positions, so each member of the group knows exactly what I am thinking and doing. If a trader decides to follow me in a trade is up to them. Some trade more than me, some trade less.
I will try to answer the rest of our post later as I have some work to do at the moment…but I will be back soon |
Jan 27, 2009 9:16am
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Quote:
Originally Posted by Interceptor
Also, it's difficult to know what you can and can't post on here.
Take the J16 group as a comparison. The cost of the PF is a LOT more expensive than Jacko's PF, yet there does not seem to be any 'firewall' between PF members and newbies as far as the impartation of knowledge gained from the PF is concerned. Hence the FF thread continues to serve as a vibrant and valuable learning resource, and also as a recruiting point for potential PF members. I, for one, have found membership of Jacko's PF to be immensely rewarding(even this year!!!), but I'd...
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Hi Interceptor,
I am back...As discussed above, there is no "firewall" between the PF (Private Forum?) and here. So I can only assume that because my trades are specific entry and exit numbers which members would understand to be private, that they don't discuss them here in an open forum. That is just correct and well mannered behavior. As someone said in another post, what is said in a private blog to a group of private members should stay in the group. That is just plain good manners.
Having said all that, another reason that I think the traders in the group are trading so well, is because they are NOT being macho and bullheaded with each other and are being more productive by spending time usefully improving their own trading. We have had some great successes, with some of the traders now trading as prop traders for institutions, a bigger number have become full-time traders and some others are working with me in a private Fund. The best thing for me though, is that they all just improve their own trading and their results. That is the first principle that I try to achieve with each of them. The second principle is to be modest about their successes.
Jacko
PS...If I am a LOT less expensive than any other training, it is only because I am not a training program per se, I am just a trader trying to help traders improve their trading by letting them see ALL my mistakes...LOL....
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Jan 27, 2009 9:20am
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Quote:
Originally Posted by tuguntrumpet
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Hi Tuguntrumpet
Thank you for your kind words
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Jan 27, 2009 9:22am
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Quote:
Originally Posted by dwildes
Good to see ya on here Jacko!
I appreciate all you've done for me. |
Hi Dwildes
Thanks also
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Jan 27, 2009 11:13am
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Quote:
Originally Posted by Interceptor
Hi Jacko, and thanks for that.
I think the point which I was trying to make(badly!), is that once a trader joins your PF it becomes a little 'awkward' for them to post live trades on here and discuss them with 'newbs', because even though the trades are their own there will be a perception(probably accurate) that the trades are PF inspired trades. As you quite rightly state it would be bad manners to post your trades on here, but it's also often an encouragement for newbies to 'see' more experienced traders in action, and to be able to pick their...
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Hi Interceptor,
OK, now I see the dilemma.
Hmmm..Perhaps the solution is to start your own thread to discuss your trades... and other traders potentially interesting trades...and what you are learning from each trade.
BUT start the thread with a BIG disclaimer that your trades are exactly that...YOUR trades.
Jacko
PS All traders should stay away from "Indicator Hell" |
Jan 30, 2009 8:31pm
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I posted these earlier this week in another thread regarding the GBP, but as the Euro falls further, it has some relevance here:
The year 2008 has truly taught investors to think the unthinkable. In 2009, it is the risk of economic implosion somewhere in the world. and this will probably be most clearly seen by the implosion and subsequent nationalisation of the banking industry which could then lead to the BIG issue.
The BIG issue is the financial collapse of sovereign states …Iceland has already gone, Spain and Greece have just had their credit ratings trashed by Standard and Poor, Portugal and Ireland are in deep trouble, Russia looks like defaulting on their responsibilities (again!) and IF we saw England go down (a definite possibility), we would see the fourth largest currency (after USD, Euro and Yen) collapse. (Not to be mercenary, but if it did collapse then make sure that you are in USDs)
The year 2008 has truly taught investors to think the unthinkable….maybe in the year 2009 we will SEE the unthinkable.
I think we are very quickly moving to a point where all of the large banks in America and Western Europe will become nationalised. When you consider that, even after the massive infusions of capital from the TARP payment, Bank of America last week traded at $5.05 (down from $60+ just two years ago).... and that Citibank last week traded at $2.80 (down from $55+ in late 2007).... and even the mighty JP Morgan traded at $17.70 (down from $50+ as recently as October last year…only 4 months ago). It is easily apparent that there are some “zombie” Banks. (Zombie industries are ones that are already dead…and have minimal chance of revival...but are kept on life support for political reasons). Lehmans was so dead that the Fed decided to not even give it first aid. The more information that comes out, the more apparent it is these “zombie” banks are insolvent now and only the taxpayers are propping up balance sheets.
On the other side of the Atlantic, The Royal Bank of Scotland was worth 75 Billion Pounds a year ago…it is now valued at only 4 Billion Pounds…And that is AFTER the Govt gave it an infusion of 32 Billion Pounds. That smoke you can see in the distance is the smoke of taxpayers money being burnt at an appalling rate.
Before anyone sends a response on the evils of nationalisation, consider the alternative of continually throwing taxpayers money at banks and taxpayers holding up the values for the stockholders and debtholders who are benefiting massively from the TARP payments (which I am starting to believe is the biggest rip-off of taxpayers of all times). If it wasn’t for these infusions the shares would be worthless and the principle and junior debtholders (who are still receiving 100% of their funds) would share the pain with the taxpayer.
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Jan 31, 2009 7:24am
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Quote:
Originally Posted by msc
There wont be any pairs left to trade soon.
Put your dollars underneath the mattress.
msc
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NOOOOOO !!!!! There will be huge opportunities to take money from this market as the currencies start to line up with their real fundamentals.
The Forex is the best market on the planet to trade.
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Jan 31, 2009 7:30am
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Quote:
Originally Posted by scexglobal
Is seems that we are indeed turning those banks in Japanese style 'zombie' institutions. What is scary is that even 20 years later, banks' balance sheets were blowing up left and right. And to think that that crisis was limited to one country!
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And what about those zombie car makers??? How long will it be before ALL motor vehicles are built in low wage countries with huge labor pools like China and Eastern Europe?? Five years maximum !!
Just as we all watched Communism crumbline, we are now watching the crumbling of Corporate Capitalism.
Capitalism will definitely remain, but in a dramatically changed format in the next 5 years
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Feb 2, 2009 6:26am
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Quote:
Originally Posted by tamster
Snapshot:
A Bad Bank would enable JPMorgan to shuffle tens of billion$ in the dead of night on a regular basis, putting the entire collection of swill under the USGovt roof. The entire issue of nationalization of the major components of the US bank system in my view would constitute a grand embrace of a totally destroyed enterprise laced with fraud, giving ownership of the broken pieces, fraudulent lattice work, and acidic flow to the American people. The entire concept of a Big Bad Bank is ludicrous. If its foundation is based...
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Hi Tamster,
I agree with you. We are witnessing the biggest heist in the history of mankind.
I have been watching the calls from Wall St and its cronies getting stronger and stronger about the establishment of a "Bad Bank" to take over all the toxic debts of the zombie banks. If we, the people, got screwed by the first TARP deal, then I would hate to say what the Wall St banks will do to the taxpayer with this "Bad Bank" strategy.
The TARP payments were immediately shrouded in darkness with the Banks REFUSING to tell the Government what they did with the funds (Though we now know that they paid it out in bonuses, payments for new Corporate jets and to shore up the Balance Sheets of the company they work for in order to make their jobs more secure).
This "Bad Bank" strategy will be the biggest theft of taxpayers money in the history of mankind. It will make $350 Billion theft of taxpayers money for the TARP payments (AND the much bigger...and much more hidden... Trillion dollar bank guarantees by the Government) look like the theft of the cash from a hot-dog stand.
The theory of the "Big Bank", is that the Wall St will dump all its toxic swill onto the taxpayer, and they will then go back to doing what they did before. But this time they will have a clean, pristine bank to do so. What????? Is the Government insane???!!
This allows the incumbent banker "foxes" to stay in the henhouse. The Wall St bankers are saying this "Bad Bank" is necessary because they are all scared to lend to each other because they don't know what each Bank is hiding from the other banks. They say that Government action is needed to regain confidence. What a load of old sh*t!!!
If they want Government guarantees before they will lend money to taxpayers and each other, then this is an issue of national Government security of the financial sector. Again, if Bankers want Government guarantees before they will lend money to taxpayers and each other, then we already have a "socialised" banking system.
A better alternative (which is already happening in a de facto way), is to nationalise the banks NOW, but with a proviso that they will be sold off to the public again within 12 months. No excuses, No extensions!!
Included in this initiative is that
1. All stockholders in the Banks lose their money (including all those stock options by the bank executives).
The government funds and the promise of more money from the taxpayer is the ONLY thing holding up the stock prices of these zombie banks. The real stock price of these zombie banks is negative. The USA did not get to be an unprecedented economic powerhouse by giving out handouts to bankrupt businesses. If a business wasn't profitable, it was allowed to die.
2. Also all principle and secondary debt holders lose.
Why should a debtholders still receive 100% of the debt when the business is technically bankrupt? More importantly, why should the taxpayer fund the debtholders?
3. All bonuses are frozen. No more bonuses (Bonuses are paid for performance. They should have been stopped the day that this almight mess became obvious). All corporate jets sold (no Banker's time is that valuable!!!). All corporate head offices sold. All refurbishments of offices for the top 5 executive levels of a Bank frozen. All salaries subject to a "capped" level.
4. Clean out all the incompetent top levels of management and replace them.
If, as the Wall St bankers are saying, the whole issue is lack of trust with lending to another bank, then nationalise the Banks (thereby giving them the Government guarantee) and get the credit flowing again. Get rid of the Bankers with the distrustful mindset, clean out everything they have been hiding...and then sell the banks off,within 12 months...NO excuses, no extensions, to raise the funds back.
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Feb 2, 2009 8:43am
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Quote:
Originally Posted by gammase1
Yes, I think that the nationalisation of large parts of the banking sector is now looking inevitable, in the UK, eurozone and the US. This will be a creeping, gradual procedure, as anything more decisive would scare the hell out of the free-marketeers, the media and the wider public. This nationalisation process will see periodic injections of public funds going into the troubled institutions, in return for larger chunks of equity, thereby ensuring a de-facto wipe-out of those investors sitting at the bottom of the capital structure.
As much...
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Hi Gammase1
I have been reading your posts and I see that you are experienced in the banking system. I agree with what you have said.
For the sake of keeping up political appearances of maintaining "free markets" in the banking industry, Governments around the world are foolishly delaying the recovery of the financial system and endangering the existence of their economies.
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Feb 19, 2009 7:25am
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Quote:
Originally Posted by fugly
could anyone please tell me which broker jacko uses
thanks |
Hi Fugly,
I use 4 brokers. However, I don't recommend any brokers to any of the group. I do not wish to be seen to be "affiliated" with any one broker and I would not want to be seen to be promoting one broker over any other. (It could give an impression that I am ?influenced? or ?incentivised? to refer members of the group to them?which I have never done).
What I do recommend is that you deal only with the bigger (and more reputable??) brokers. Then just have a look at their Demo platforms and choose the one you feel most comfortable with working with.
Depending on your account size I would also recommend using two brokers (if your account is $100,000+) to spread your risk on brokers
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Jacko
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Feb 19, 2009 7:27am
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Quote:
Originally Posted by Jellybean
I'm new to Jacko's approach, but as I see it, it's fallen away from any reasonable trendline and bounced of 1.2500 so a pullback seems reasonable. However, I see previous support around 1.2700 - 1.2750, which may provide resistance, so it may not pullback all the way to the 50% Fib. It'd be great if it did, though.
Jellybean
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Hi Jellybean,
I think you are on the right track...
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Jacko |
Feb 19, 2009 8:32am
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Quote:
Originally Posted by fugly
Thanks for the reply Jacko, I'd just like to ask is it ok to go with market markers or should we only stick to ECN's. Since you have a large trading account and with your vast experience we would really appreciate your opinion on this. Lots of ppl say a lot of negative things about market makers (trading against you, broker plug ins etc)
thanks
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Market makers and ECN's are "horses for courses" depending primarily on your account size. If you want to be a little fish in a big pond then go with ECN's...but don't be surprised if they treat you badly if you have only a small account.
As for negative things about market makers, you have to remember that both market makers (and ECN's ) are businesses...and their prime purpose is to make profits..at your expense!!
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Jacko |
Feb 19, 2009 8:37am
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Quote:
Originally Posted by dwildes
Woo hoo - spike up back to the area of resistance.
Only made it to 1.2720 so far.
Wonder if it has enough steam to get all the way to 1.2750?
I opened one position at 1.2720 (scaling in tactic)
The E/U has had a nasty habit of stopping short on those resistance/support areas lately. Hopefully it'll keep going up to the ideal resistance |
Hi dwildes
This is a good strategy of yours. (we have discussed it previously)
Market has now dropped to 1.2695, but I think they are just picking up the stops under 1.2700, before taking it up higher
But I could be wwwrong..
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Jacko |
Feb 19, 2009 9:23am
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Quote:
Originally Posted by dwildes
Thanks! Very nice compliment coming from a pro such as yourself.
Yes, looks like they.
When I saw the exhaustion spike down - I closed for +23 pips. Was obviously looking for more, but market wasn't ready to give up it's rally.
Oh well, ready to reload on more peaks at resistance. |
Hi dwildes,
Good trading...A smash and grab of 23 pips
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Jacko |
Feb 19, 2009 9:27am
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Quote:
Originally Posted by bgin2end
Jacko - How do you determine your significant Highs and Lows with which you draw your Fibs??
I have one drawn right now from 3100 to 2500 and the 50% mark is @ 2800. Does that sound about right?
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Hi bgin2end
The longer the time frame, the stronger the high and Low that you are using. As the time frames get smaller, the strength of that fib will be less.
Same as trend lines, the longer the time period that you are using, the stronger the trend line.
Thats why anything less than 4H is really just "noise"
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Jacko |
Feb 19, 2009 9:29am
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Quote:
Originally Posted by dwildes
Excellent - hit 1.2750!
That is the upper trendline on the H1 and the H4, not to mention the 50% fib and resistance zone.
Needless to say - I'm short.
We'll see how it goes. |
Be careful...market back at 1.2744...they are sucking up the Stop losses again
But I could be wwwrong...
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Jacko |
Feb 19, 2009 9:34am
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Quote:
Originally Posted by BullsAndBear
Jacko its good to see around,
I am studying this thread like a markets bible. Its amazing to me how simple yet effective this strategy is. Leave it to the masses to make it more difficult.
Regards
BB
ps looks like the eur/usd has blessed us today with a nice pullback,,,, I am putting in orders for a swing trade and also to hold onto for the longer term and ride the freindly trend. Thanks jacko.
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Hi BB
It is nice to see the Factory working so well. I have been so busy with my group that I haven't had much time to look in here but today has been good.
Even though I don't even go to any other forums, I still think that this is the best forex forum o the internet. The mods should be very proud of themselves and the website.
.
Jacko
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Feb 19, 2009 10:16am
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Quote:
Originally Posted by BullsAndBear
Its falling like a car off a cliff.....glad i got in there.
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There will be more chances in the next hour or so... |
Feb 19, 2009 11:24am
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Quote:
Originally Posted by alyehoud
In one post Jacko says to only buy/sell in direction of major trend. In addition to that, buy/sell on the dips (fib 50%, S/R and round numbers). I believe he also says that he trades off of the D1 chart (although looks at the W1, H4, H1 charts as well for major and minor trends for exits/entries). Lastly, he says he only trades EUR/USD.
I have one question though (I'm sorry it may be a bit of a newbie question): Is he trading large numbers of lots and/or using high leverage? Trades may not present themselves for days or even weeks, so how can...
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Hi alyehoud,
I agree with everything in the first paragraph.
The second paragraph:
I trade large numbers of lots. (Leverage is not that high).
Large number of lots X positive pips = $$$$$$$$
$$$$$$$$ X power of rapid compounding= excellent % returns.
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Jacko |
Feb 19, 2009 8:26pm
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Quote:
Originally Posted by bgin2end
My equation has a few less $'s haha..
Thanks to Jacko, I am on track to becoming a professional full time trader in 1 year. That is if I can make the markets do what I want them to do...and we all know how easy that is!!!
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Hi bgin2end
there are a couple of things that I emphasise to the group of traders that I am mentoring:
Firstly, I look to EVERY trader in the group to improve as a trader as a result of being in the group. (That is, I haven't seen any trader become a worse trader as a result of being in the group)
Secondly, they are learning a skill that they can use for the rest of their lives.....wherever..... whenever.. they want to use it
Thirdly, those who go on to become fulltime professional traders is a bonus
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Jacko |
Feb 24, 2009 6:11am
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Quote:
Originally Posted by BullsAndBear
From what I understand the European banks are hurting more than anyone. I wish I could find that link i had last week. Pretty much said they were about to go bust if they dont recieve help. I know UK is going to be printing money which will weaken the value of their currency.....
http://www.nowpublic.com/tech-biz/uk...s-way-out-debt
Also the US extended the currency swap facilities to other central banks around the world, meaning the US dollar is in greater demand which should lend it strength. So stronger... |
Hi BB
We may be seeing the start of a whole new order of how the world does business. It is the return to basics of banking.
The dominance of the ?shadow? banking industry, (investment banking and all their exotic/toxic banking products) is clearly being crushed and a return to basic banking services is rising like a phoenix.
As I have said previously, the best asset class to be in at the present time is good old fashioned liquid currencies. Cash is king. Cash will continue to increase in value as the global deflationary de-leveraging occurs over the coming years. Cash already buys three times as much oil, twice as much stocks and twice as much real estate compared to just a year ago.
The government around the world are fighting deflation but deflation is winning because there are a lot more ?debt dollars? than ?cash dollars?
And now, the US govt (and every other Govt) is rapidly spending our cash on bailing out desperate corporations that have not been profitable for years. ...Cash for Trash. The bailout funds given to the banks easily wiped out the total combined profits of those companies for the last 25 years. We are being suckered into doing the same for the automobile industry.
The Banks are now worth less than half what they have been given in bailout funds?.so in reality these zombie banks were not only bankrupt, but they were bankrupt to the value of negative tens of Billions of dollars.
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Jacko (my little rant for the day!!) |
Feb 24, 2009 9:19am
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Quote:
Originally Posted by BullsAndBear
Hi Jacko,
Sorry for my ignorance. I was hoping you could enlighten me on something. I came accross a film last couple days that describes how the banks get money, called a fractional banking system. It goes on to say that most of the banks' wealth is pretty much created out of thin air. A deposit is made from the reserve, say 10bil, the bank then just makes up another 9bil out of thin air based on what it has in reserves. The part i dont get is, if the money just came out of thin air, so it never really existed in the first place, how could that...
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Hi BB
A good explanation of fractional banking is here
http://en.wikipedia.org/wiki/Fractional_Banking
As to how can fractional banking can bankrupt a bank, the best way to look at fractional banking is that it is leverage.
It is similar to a trader putting up a deposit and using leverage to magnify his amount of funds that he is controlling. If the trader makes mistakes,the leverage allows him to lose more than he has. He is therefore bankrupt.
A bank which uses leverage (fractional banking) and makes bad decisions will lose more than it has. It is therefore bankrupt.
That is a reasonably simple explanation, but you get the drift.
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Jacko |
Feb 25, 2009 4:51am
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Quote:
Originally Posted by forexmick
Jacko, Thanks for your post. Your posts are always smart and make a whole lot of sense. What is your outlook on deflation vs inflation? What is your outlook on the E/U in the short run and long run?
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Hi Forexmick
Thanks for your kind words.
In regards to your question on inflation/deflation, at the moment we are facing deflation. We will continue to see deflation until the $50 Trillion of total debt (which is swamping the $2 Trillion of bailout funds) is absorbed. Then the result of this massive expansion of the monetary supply will be seen in significantly higher inflation. But the immediate deflation must run its course, and that has a long way before it is played out. As I have said previously, the best asset class to be in at the present time is good old fashioned liquid currencies. Cash is king. Cash will continue to increase in value as the global deflationary de-leveraging occurs over the coming years. Cash already buys three times as much oil, twice as much stocks and twice as much real estate compared to just a year ago.
In regard to your question on the EUR/USD, I think it is a very difficult question. As long as there is massive fear and gloom, we will continue to see "flight to quality" and continued inflow into USD. How long that fear and gloom continues is a day-by day situation.
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Jacko
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Mar 2, 2009 5:58am
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What is China going do do with its Trillions
Hi all,
There has been considerable discussion on various threads here as to whether China is looking to dump its Trillion dollar USD holdings in favor of Euros or Gold etc.
This article here is the start of the answer.
http://www.chinapost.com.tw/china/c_.../Buying-up.htm
Instead of diverting currencies, they are simply buying up all the energy resources:
$6 Billion worth of oil from Venezuala
$25 Billion worth of petrol from Russia
$400 Million oil field in Libya
$19.5 Billion for 19% of Rio Tinto (an Australian mining giant)
$650 Million for 16.5% Fortescue Metals (iron ore)
$1.7 Billion for OZ minerals
Total $53 Billion
By my calculations China have $1950 Billion left to go (USD $2 Trillion minus $53 Billion)
Noticeably, US assets are not currently on the list. But I bet my ass that US companies are next in line.
Note to Obama: If they are not allowed to buy US companies, they won't buy our debts/bonds
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Jacko |
Mar 2, 2009 6:12am
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Now lets see where the US is putting its funds
One example:
Citigroup has received $45 Billion ($25 Billion and $20 Billion) in TARP payments from the Govt
Citigroup has received $2.7 Billion from asset sales (sale of Smith Barney)
Citigroup has received a $300 Billion guarantee from the US Govt for its dodgy loans
So you would think that Citigroup would be worth north of $50 Billion.....
Nope. As of last Friday, it was capitalised at only $13.7 Billion
They have thrown in excess of $45 Billion at this bank and it is now worth less than $14 Billion.
Sad, very sad.
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Jacko
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Mar 2, 2009 9:58am
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Warning from Thomas Jefferson
In light of the present financial crisis, it's interesting to read what Thomas Jefferson said in 1802:
"Banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
Uh Oh !!
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Jacko
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Mar 3, 2009 7:18am
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Quote:
Originally Posted by behman8850
I dont see Jacko's response or replies here!!
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Why?? The other members are doing a great job of giving you the answers.
I am busy with my two small groups of traders (who are doing very well !!!).
But I still come here every couple of days and have a look to see if everyone is being nice to each other.
Thats what I like about this Forex Factory. Most posters are respectful and polite to others. I expect each of the traders in this thread to be professional in their discussions.
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Jacko |
Mar 4, 2009 9:27am
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Quote:
Originally Posted by captmilkdud
Ooops.. didn't see he started a new one for this month..
I started to go through Jacko withdrawls... Yippy...getting my fix right now... He's the MAN!!!
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Hi Capt,
I am glad that you got your "fix"...LOL
I don't recall missing a day on the private blog since the group first started... because I actually look forward to putting all the details on it each day. It is a great medium to communicate with the group.
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Jacko |
Mar 4, 2009 9:38am
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Quote:
Originally Posted by jamiewhite
This makes it easier for you.
http://www.forexfactory.com/showpost...postcount=3650
This is me paying forward to new or novice traders. If you want to be a successful trader, learn everything you can about Jacko's method. Go back to the first page and read it until it is firmly understood.
As Jacko has said in his private blog, everyone else is facing huge 50% losses on stocks and property, even Warren Buffett is down 47%. But Jackos members are showing very substantial PROFITS on our trading. He is the man. |
Hi Jamie,
It is good seeing members of the group "paying forward" to other novices on this thread and other threads.
We have been been very fortunate with our trading. We are still achieving very good results to date. In a time where Hedge Funds are closing due to losses and investors around the world are being pounded to dust and bankruptcy, I am trading at better than double digit, positive % returns for the annual year to date.
While this is much lower than the returns I have earned over 2006 and 2007 , my profits to date in the 2008/2009 year is much better than the average investment. While we have been making profits, the Dow has lost 50%, property has lost approximately 30% and private businesses have become virtually unsaleable and corporations are going bankrupt ).
Interestingly, I saw that even Warren Buffetts Berkshire Hathaway's shares have dropped from $148,000 in late 2007 to $78,600 on Friday...a drop of 47%. 
Thats why I still say that this forex trading is the best business on the planet.
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Jacko
Last edited by jacko, Mar 4, 2009 7:32pm
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Mar 4, 2009 9:53am
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Quote:
Originally Posted by jacko
Hi Jamie,
It is good seeing members of the group "paying forward" to other novices on this thread and other threads.
We have been been very fortunate with our trading. We are still achieving very good results to date. In a time where Hedge Funds are closing due to losses and investors around the world are being pounded to dust and bankruptcy, I am trading at better than double digit, positive returns for the annual year to date.
While this is much lower than the returns I have earned over 2006 and 2007, my profits...
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Another issue that wannabe traders should consider is this:
The "salary" has never been a truly reliable safety net....Unemployment is rising very quickly...and in the coming depths of the recession when very high unemployment will reach levels not seen since the Great Depresion, this truth will become clearer by the day.
We are seeing unemployment rising at the rate of 500,000+ per month. And another unemployment/NFP number is coming out on Friday...and it will not be pretty!!
On the other hand, once you have mastered the basic skills of trading, NO-ONE can ever take away your talents, your experience or your skills.
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Jacko |
Mar 4, 2009 11:41am
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Quote:
Originally Posted by Phonetic
Jacko, i believe i've thanked you for your help in the past but I just re-read the first page of the thread after almost losing faith in this business and I just wanted to say thank you AGAIN. Im 20 years old and have been trading since 15 (started with penny stocks been trying at forex for almost 2 years) and have not been profitable ever. I've had some nice gains and then the market takes it all back. I will keep at it because I do believe I can grasp it and it will be worth all of the hard lessons learned.
Thanks again Jacko, this thread has...
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Hi Phonetic,
Anyone can succeed in this "trading" business. But you need to see trading as a little bit different to how you approach a normal job.
In a "normal" job, you are expected to "work hard" and "rush around" and "look eager" and "be proactive" and "be busy" and "look important". (It is part of the political game of normal, big business)
In trading, it is the opposite, you should park the "ego" at the door, be calm and patient, and trade ONLY when the risk/reward ratio is in your favor. It is not easy, but it is simple.
You are only 20..boy, I wish that forex had been around when I was 20 !!
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Jacko |
Mar 6, 2009 7:06am
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Quote:
Originally Posted by fxachilies
Hi Jacko,
I am a new member and find your thread very helpfull. I was wondering where do you post your up coming forcasts? If anybody else can help i apperciate.
Thank you.
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Hi fxachilies
Go here
http://waynejacksonfx.blogspot.com
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Jacko |
Mar 6, 2009 7:22am
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Hi all,
I watched the fall of the Dow as it dropped another 4% yesterday. The Dow is now at 6594, (down over 50%, from its 14,000 point high) and falling hard.
As to how low can it go, it should be remembered that in the 1930’s the Dow dropped over 90%....that equates to a Dow of 1400 in todays market and an S&P 500 at 156 !!
Property has fallen 30%. Stocks are down 50% and still falling hard. And Fixed Interest isn’t even worth getting going to the bank.
Oh I have heard all the arguments that this will all soon be behind us, and that the markets will recover soon. However, the question to be addressed is ”What will turn this around?”
In the 1930’s, it was a little skirmish... called World War II .....that ended the Great Depression. (I hope, for all our sakes, that the politicians don’t decide to go that route of getting out of this recession)
The hope that the govt bailout will get us out of this economic crisis is a forlorn hope...it will only lead to stagflation (stagnant economy/high unemployment plus high inflation).
However, we here on Forex Factory are extremely fortunate that we are all acquiring skills in an asset class that allows us to maximise our assets by trading on the strengths and weaknesses of the two largest currencies in the world. And one thing that will never disappear is Money...One currency may change in value compared to other currencies but Money will always be in use everywhere in the world.
The other issue is that of "job security". In a time of job losses of 500,000+ per month, job security has been shown to be a structure made of smoke.
As I stated earlier, The "salary" has never been a truly reliable safety net....
We are seeing unemployment rising at the alarming rate of 500,000+ per month. And another unemployment/NFP number is coming out today...and it will not be pretty!!
As the world is going through this crisis, now more than ever before, each of the people on this forum are very fortunate to be involved in forex trading.
Once you have mastered the basic skills of trading, NO-ONE can ever take away your talents, your experience or your skills. And NO-ONE can take away your money-making abilities.
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Jacko
Last edited by jacko, Mar 6, 2009 7:34am
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Mar 10, 2009 7:05am
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Quote:
Originally Posted by sinclap
Where is jacko ?
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Hi Sinclap
I am here...what can I do for you??
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Jacko |
Mar 10, 2009 7:14am
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Quote:
Originally Posted by plan-b
Some posts are a bit confusing..is the overall trend still down or has it changed?
I am short at 1.2700 and have another pending sell order at 1.2750
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The Daily, the 8H, the 4H and the 1H are all trending down.
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Jacko |
Mar 10, 2009 11:11pm
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Quote:
Originally Posted by sinclap
Hi Jacko..
Sounded like you went elsewhere..
You're first post on this thread left a lasting impression. I have friends who have sank lots of capital in small business such as coffee shops that are struggling. They would of been better off in this business, plus you can take a break if need be. You can't close a coffee shop while you take a badly needed vacation.
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Hi Sinclap,
LOL..No I haven't gone elsewhere. I have just been busy with my two small groups of traders who are doing really, really well. They are growing in knowledge and skills and talent every day. Some of them are putting me to shame with their trades, because they are prepared to work longer and harder than me
Yo are exactly right about the coffee shops and any other business. Aside from dropping in value, most small businesses are now almost unsaleable. Actually, they can't sell the big ones either. (Look at S**tybank...its now selling as a penny stock).
One of the members also pointed out that our business, trading forex, is truly recession-proof. If one economy is going down, you simply buy the other!!
Another benefit of Forex trading that I didn't include on the first page is that traders all have the weekends off. No matter how excited you are about trading you must take a break...simply because the market is closed!!! You can't trade anyway, so you get the full weekend to spend with your family and friends.
I keep saying...forex trading is the best business on the planet.
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Jacko |
Mar 10, 2009 11:27pm
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Quote:
Originally Posted by sinclap
Do you focus on just the EUR/USD? I see others elsewhere who are trading multiple currency pairs instead of focusing on one. I'd rather focus on one for simplicity sake. I am torn between the GBP/USD and EUR/USD. I like the Eur due to it's low pip spread, while the GBP has more pip opportunity.
I am trading on a micro account which I am finding the leverage amazing. You can start low and slowly build.
You're thoughts?
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Hi again,
I like the EUR/USD because they are the two largest currencies. And, I am more familiar with those two currencies and economies, whereas I know little about the YEN (the third largest currency).
The GBP basically follows the Euro over the long term, though the last 6 months has been an abberation. More importantly it is more volatile than the Euro.
On average for every 1 Euro move compared to the USD, the GBP moves 1.5-2 GBP's to the USD.
As a trader, I dislike extremes of volatility. It causes SL's to be bigger and potential losses to be bigger.
As a trader, I love smooth trending markets, much more than wild volatile ones. (Not good for the heart!!!!...LOL)
Now some traders that are in trading for the excitement might enjoy the adrenalin rush. I just prefer to calmly make money.
Having said that, some traders trade the GBP because they know the economy and currency better, especially traders from the UK.
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Jacko |
Mar 11, 2009 12:02pm
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Hi all
The US session is making me dizzy, up and down, up and down, up and down, all for less than 50pips at a time.
I am noddiing my head so much watching this market, that Mrs Jacko thinks I am agreeing with everything she is saying...LOL
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Jacko
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Mar 11, 2009 12:06pm
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Quote:
Originally Posted by BullsAndBear
Jacko,
when you say sell,,,,the whole world must be listening,,,LOL, the bears jumped all over that rally. Like it fell off a cliff, haha
Thanks for the fine system to enjoy these trades
bulls
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Hi bulls,
Thanks for your kind words. 150+ pips in a short time is always nice.
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Jacko
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Mar 11, 2009 12:21pm
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Quote:
Originally Posted by Fx_Genius
Might want to be careful, Mrs Jacko might be telling you all the things she is planning on buying! |
She probably is... LOL
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Jacko |
Mar 12, 2009 9:21am
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Quote:
Originally Posted by plan-b
I may be wrong but i believe increased volatility led to TSL being raised from 50 to 100.It is a double edged sword that can lock in a lot of profit but also deny you those small ones..
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Hi plan-b,
In this business you need to be a little bit flexible. We have not used the 100 pip TSL for the last couple of trades because the market has been ranging in sets of 150-200 pips, then it will move to the next level, and then range again.
However, it is being "aware" of the times the market is behaving in a certain way, and adapting to it, that becomes part of the skill-set of an experienced and talented trader.
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Jacko |
Mar 12, 2009 10:13am
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Quote:
Originally Posted by dwildes
Thanks - I appreciate the compliment.
To me, the market was swinging wildly and not moving smoothly. I decided to take profit and sit on the hill and watch for a while until things got a little clearer.
Remember - you always need to get paid for your work. 50pips is GREAT profit, don't lose sight of that. Those 'singles' and 'doubles' add up faster and occur a lot more often than the 'homeruns'.
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Hi dwildes,
You are trading very well. I know from our group emails that you are doing well. Good work
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Jacko |
Mar 12, 2009 10:57am
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Quote:
Originally Posted by coscorp
Hi,
it all depends on what I'm seeing in that particular moment - for sure if I find a trade that is 80 pips up I'll lock in some profit - it may be 50 it may be 30 it may even be 70 if I feel there may be retrace off major resistance/support or for lack of stamina or whether I see that it has still room to run and try to leave it enough room to breathe...but maximising what i can...if I get stopped out and the move still has steam then i'll get back in..if I'm I can't for other reasons...amen..I'm still wealthier than when I took the trade....I'll...
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Hi coscorp,
I agree with what you are saying above. The differences between the approaches taken by each of flyer415, dwildes and yourself is really just a matter of how quickly to take profits.
This, in turn, is usually a result of differences in in trading horizons and timeframes. Those who have 4 Hourly trading timeframes will have bigger take profit points than someone who is focusing more on the 1 Hourly time frametime.
Even two people using the same timeframes, will have different tolerances for losses and retention of gains.
Also, it is good to see the ongoing courtesy on this Forum in all the threads
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Jacko |
Mar 13, 2009 10:24pm
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Can a trendtrader make money in a tight range market
Hi all,
Can a trendtrader make money in a tight range market?
In a day when the market had a total range of less than 100 pips (1,2957- 1.2861= 96 pips), and spent 95% of that time in a tight 50 pip range (from 1.2930 -1.2880=50 pips), we had an enjoyable day and made some money.
The very tight range for the day made it interesting but we came out positive with minimal risk. Add in the leverage to allow big numbers of contracts and the dollars roll in for the day.
Next week we will do it again and make some more money.
Is there a better job/business on the planet? I don't think so.
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Jacko
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Mar 13, 2009 10:56pm
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Quote:
Originally Posted by Chicky
I am very carefully studying your approach through what you have posted and tryihg to make it work for me. Have just these two questions for you:
1. Isn't scalping against your trading principles?
2. You you expect the market to keep moving in a narrow range also next week?
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Hi Chicky,
1. I wasn't scalping. I was setting the trades up to be longer term trend trades but our in-built safety rules allowed us to make money even when the market turned out to be a very tight ranging market.
2. No. There is a G20 meeting this weekend and even though they will talk a lot and agree with everybody else, very little will be achieved. (Remember, these are the 20 slickest politicians in the world. They know how to play the PR game better than anybody else in their country). Having said that, the market usually uses the G20 meeting as a reason to get excited and introduce some additional volatility into the institutional trader's dull and boring day.
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Jacko |
Mar 16, 2009 10:06am
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Quote:
Originally Posted by james16
thanks,
i respect this thread a great deal.
just another example that simplicity is what works in this business.
simplicity, common sense and some hard work.
oh and one other thing. those 3 wont matter unless you figure out how to survive in a sideways market and always remember that what all markets spend most of there time doing is consolidating. thats the main reason why such a high percentage of new people fail at this.
Jacko is one of the rare few that knows how to do it.
a simple yardstick in judging any teacher is does he/she...
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Hi James 16
Thanks for your very kind words.
I think that there are a number of very talented traders who post on this Forum and you are top of the list. (I can't believe that this is only the first time I have communicated with you..).
I hear many good things about you and your training...You are helping many people from blowing up their accounts which they would do if not for your intelligent advice in your training.
That is what I like about this Forum...I think that the best of the best all gravitate here.
We must catch up and meet one day.
Wayne |
Mar 16, 2009 9:11pm
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Quote:
Originally Posted by Money4Nothing
In reality, the best traders are rich and are busy enjoying their money. If you were a millionaire trader, would you really post here every day or week?
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Hi Money4Nothing
If you were a rich trader and you loved trading, what would you do while you wait for a trade?? (Exactly like I am doing at the moment) I want to talk to others who were passionate about trading.
Now I could talk to brokers, but they are not traders!! (To be honest, most don't care about trading...it is simply a broking job)
Or I could cruise around here and see some traders with real passion to trade and a strong desire to become traders, but simply lack the experience, skills and tools to be succesful. (I also see some morons posting here and there but mostly they get bored and leave...LOL)
It is no trouble for me to help out in my "trade waiting time" so thats why I, and other succesful traders, post here.
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Jacko
PS The fact that you think that rich traders want to do other things with their money shows that you don't understand it yet. Rich traders....and I know a few.... enjoy their money by trading. Trading IS their passion
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Mar 16, 2009 9:25pm
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Quote:
Originally Posted by Money4Nothing
I would only trade one day a month. The rest of the time, I would be doing whatever I wanted to do. It would not be sitting in front of a monitor.
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Traders who are successful are doing EXACTLY what they want to do. They are trading!!!! (and making more money than they can ever spend...though Mrs Jacko tries very hard..LOL)
And I assure you I rarely sit in front of a monitor.
.Jacko |
Mar 16, 2009 10:00pm
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Quote:
Originally Posted by fugly
jim why not tell us who they are?
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Hi Fugly,
If you tell us all your name, your address, where you work, how much you earn per month, and show us your last years tax papers, I will tell you whether I am one of them
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Jacko |
Mar 17, 2009 6:03am
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Quote:
Originally Posted by ehrek
Jim;
I'm surprised you aren't 'ballin' it up with some crazy toys and a mansion ! :P No passion for any exotic cars?
Totally understandable, my father had some very successful friends, one was a developer/builder that built majority of the Condo's in TORONTO... he lives in a 2500SQ FT custom home on a 1 acre piece of land in rural town.. and drives his 1989 mercedes E class.. and a jeep! I was a young kid when my father introduced me.. but I was just surprised
:P
BTW- HE STILL HAS THAT OLD MERCEDES! 10 years later.. |
They say that any person who lusts after a Ferrari or a Lamboghini hasn't had one.
Once you have had one you don't want another one of them...LOL
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Jacko |
Mar 17, 2009 6:09am
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HI All,
The last five pages (starting from page 444 post # 6660) has been an interesting discussion on WHY people trade....
It is well worth reading if you were not in the relevant times zone as it was developing.
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Jacko
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Mar 17, 2009 11:19pm
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Quote:
Originally Posted by FxRecon
I just want to thank all of you great one's out there! It is a pleasure to hear encouraging words from those who have been living the life that they've always wanted. I am new to this post but I have been watching and reading quietly in the background. I appreciate Jacko and all that I am learning. Jacko and James16, please keep the good words of wisdom coming. It gives those of us, who have yet to reach our full potential, the courage to continue on this wonderful path. Karma is so very powerful and I wish you both much continued success!
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Hi FxRecon
Thank you for your kind words. They are really appreciated
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Jacko |
Mar 18, 2009 2:45am
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Quote:
Originally Posted by Money-RX
Possible bull flag easier to see on longer time frames but hard to say which way US$ is heading on fundamentals.
I would wait it out.
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Hi Money4Nothing,
I am not sure why you are posting huge charts of the GBP/USD here. (maybe these belong in the GBP thread)
I also don't understand why you have soooo many trend lines on your charts. One trend line is all you need..the major one
I also don't understand why you have sooooo many Fib lines and numbers. (are you having trouble deciding which one to use???...because you have them all)
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Jacko |
Mar 23, 2009 12:55am
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Hi all,
Today will be a very important day in the history of the US dollar.
Later this, morning Tomothy Geithner will outline the details of the administration?s long-awaited plan to create a government body called the Public Investment Corp., funded by as much as $100 billion and purchase up to a Trillion dollars worth of troubled assets from the balance sheets of banks.
This plan relies on private investors (the mercenary "wolves" of hedge funds and private equity funds) to team up with the government (the lamb) to relieve banks of assets tied to loans and mortgage-linked securities of unknown value. Until now, there have been virtually no buyers of these assets because of their uncertain risk and pricing.
However, as part of the program, the government will offer "subsidies" (??), such as low-interest loans, to "motivate" private funds to form partnerships with the government to buy the troubled assets from banks.
I will re-state that last sentence in a way that hasn?t been said: However, as part of the program, the US taxpayer will offer "subsidies" (??), such as low-interest loans, to motivate private funds to form partnerships with the US taxpayer to buy the troubled assets from banks.
This plan is starting to look like the plan from hell...and the US taxpayer is going to be made to suck it up ... big time...and make big "donations" to the hedge funds and private equity firms for the privilege of bailing out the banks.
So the banks get to sell their junk at a higher price than it is worth.... the hedge funds will get huge subsidies...and the US taxpayer gets to pay for all of it. A great Deal
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Jacko
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Mar 23, 2009 1:01am
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Quote:
Originally Posted by jacko
Hi all,
Today will be a very important day in the history of the US dollar.
Later this, morning Tomothy Geithner will outline the details of the administration?s long-awaited plan to create a government body called the Public Investment Corp., funded by as much as $100 billion and purchase up to a Trillion dollars worth of troubled assets from the balance sheets of banks.
[font=Verdana]This plan relies on private investors (the mercenary "wolves" of hedge funds and private equity...
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Also look for a relaxation of the "mark-to market" rule.
See here for an entertaining insight
http://www.winnersedgetrading.com/ar...ems-are-solved-
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Jacko |
Mar 25, 2009 3:28am
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Quote:
Originally Posted by jacko
Hi all,
Today will be a very important day in the history of the US dollar.
Later this, morning Tomothy Geithner will outline the details of the administration?s long-awaited plan to create a government body called the Public Investment Corp., funded by as much as $100 billion and purchase up to a Trillion dollars worth of troubled assets from the balance sheets of banks.
[font=Verdana]This plan relies on private investors (the mercenary "wolves" of hedge funds and private equity...
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The next G20 meeting will be a very important meeting in the history of the US dollar.
After pumping Trillions of of newly printed USD dollar bills into the economy, and promising that they will continue to do so into the future....leading to a devaluation of the USD....the US goverment is now expressing "surprise and dismay" at the proposal from China ( and supported by most of the US trading partners) that the world should move away from the USD to a new world currency based on Special Drawing Rights from the International Moneary Fund.
http://news.yahoo.com/s/ap/20090325/...lobal_currency
Although it will take some time to put in place, it would result in the loss of the USD's position as the worlds only reserve currency, the loss of its "flight to security" status and its economic power.
The Commission of Experts on International Financial Reform panel will recommend to the UN that the dollar be abandoned as the world?s currency
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After the disgraceful prostitution of the financial system by Wall St that has brought the world to the edge of financial abyss, it is no wonder that all the rest of the world is eagerly supporting this proposal
Should this proposal be seriously considered, we will see a long term and substantial deterioration in the USD.
How did we ever let those greedy morons on Wall St get us into this appalling position??
Why hasn't ANYONE been held legally responsible for this outright negligence and fraud??
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Jacko |
Mar 25, 2009 11:56am
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Quote:
Originally Posted by jacko
The next G20 meeting will be a very important meeting in the history of the US dollar.
After pumping Trillions of of newly printed USD dollar bills into the economy, and promising that they will continue to do so into the future....leading to a devaluation of the USD....the US goverment is now expressing "surprise and dismay" at the proposal from China ( and supported by most of the US trading partners) that the world should move away from the USD to a new world currency based on Special Drawing Rights from the International Moneary Fund....
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Hi all
This morning we all had a small taste of the likely impact of the proposal that the world should move away from the USD to a new world reserve currency based on Special Drawing Rights from the International Monetary Fund.
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Jacko
Last edited by jacko, Mar 26, 2009 10:12am
Reason: add the word "reserve"
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Mar 26, 2009 10:09am
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Hi all,
In a disturbing development which has implications for future sales of US Bonds, ? the British Government admitted yesterday that, for the first time since 1995, investors had been unwilling to buy the full complement of its so-called gilt-edged bonds at one of its official auctions.
Gilts are the financial instrument it sells to investors to fund public spending
Fears are growing on the financial markets that Britain may not be able to repay the billions of pounds in debt it is amassing to rescue banks and revive the economy?.
The failed gilt auction, the first for many years, should be of real concern to everyone.
??It is too early to say, but the risk is that at some point the Government will not be able to fund its huge debts.? (http://www.telegraph.co.uk/finance/f...ent-gilts.html )
Sounds very similar to the situation in the States?.the next US T Bond sales will be interesting |
Apr 8, 2009 4:09am
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Quote:
Originally Posted by StoragePro
With 95% of people failing in this biz, and yes, 95% of those on this thread and J16 too will fail too, do you really want to kick off with a big account? Go to see Jim's first post on his thread and notice his advice on funding.
Reread that whole first post and take it to heart - every word of it.
Frankly, you do not need an account big enough to live off of. Growing into it is the best thing anyone could do - and it will hold real value for anyone doing so.
Time is on your side, so use it to your advantage. As you get good at this,...
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Hi StoragePro,
I saw this statement and thought that I would like to correct it….(I am not upset about what you said, but it is wrong…so I would like to correct it).
On the evidence that I have , there would NOT BE ANY traders in my group that are failing….. every one of them has been learning…. and becoming more profitable (and less losses) at trading.
One of the key benefits of being mentored is that they can see and watch a trader trading profitably (and again, I can assure you that I am trading profitably as any member of the group can see by looking at my trade summaries).
When you see someone trading successfully and you know that he has been successful in the past, then you tend to listen and modify your own behavior to trade more like that person. That, in itself, quickly prevents the risk of the members becoming part of that 95% failure rate. (That failure rate is so high because new traders invariably listen to other traders without first establishing that the other trader is profitable !!!!)
Sure, some members will occasionally try out something different from me and if it works, they will continue to use it.
But if they are thinking of trying something, most will run it past me and we can give them some advice from our experience about that particular strategy and maybe save them some hard earned money.
But probably most importantly, they are not blindly following an untried signal seller who is giving multiple trading signals, based on theoretical mumbo jumbo overloaded with 20 indicators that may or may not work and with no real trading accountability.
I am a trader….I love trading ….and I am profitable…. If I can help a serious and committed trader to improve his trading, I get a huge satisfaction from that. I have a number of members who have either gone on to trade for large banks and brokerages and a much bigger number of members who have now become full time professional traders trading their own account. That fact alone makes the mentoring emotionally satisfying to me.
From my side, mentoring has made me become much more disciplined in documenting the lead up to a trade by causing me to outline all the reasoning behind taking the trade. They can also see how I handle the wins and any losses. It also gives me a diary of sorts to help me improve my own trading.
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Jacko |
Apr 8, 2009 8:06am
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Quote:
Originally Posted by rufusbucks
TWO ISSUES IF YOU MAY RESPOND
1. HEDGING ALTERNATIVE.Your alternative to hedging is brilliant, but you didn't mention what would happen if the market continued rallying against you and u've already put the second order at the SL of the first. And, should the second order also have a SL?. And can it happen that the market keeps on blowing out the hedge orders, AGAINST YOUR FISRT TRADE?
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Hi rufusbuck,
I am not really sure what you are asking/describing here...
If the market continued rallying against you, then the A-H would not be triggered. An example:
1. You buy at 1.3200.
2. The the market goes to 1.3100 and stops you out
3. You wait until it hits 1.3050 then place an A-H buy order at 1.3100
4. The market continues to fall to 1.2900
5. Sooner or later the market will turn and come back and pick up your order when you are back in an uptrend.
So you are back in the trade at where you were stopped out but did not have to suffer the big drawdown ( to 1.2900 if you had tried to hold the position). And you you are back in the trade in the direction of the trend
So, if we go back to your question, if the market keeps going up, it would not trigger an A-H trade.
The other alternative that I think you are describing is best asked as "Do you put an A-H trade on a failed A-H trade?" And the answer is No.
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Jacko |
Apr 8, 2009 8:27am
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Quote:
Originally Posted by rufusbucks
TWO ISSUES IF YOU MAY RESPOND
2. RECOMMEND A TIME FRAME
I run my own business and pretty much spends the whole day on my desk. This means I can watch the market from 7.00am to 7.00pm, and my time zone corresponds with london open and close.I've been reading many threads and forums, including yours and most traders seem to favour daily charts. Am currently demotrading with 1 hr charts.Should i switch to daily? and how many pairs would you recommend i watch, if i have all day?
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The question regarding time frames is a personal choice.... If you feel most comfortable with 1H charts, then that is your time frame..
What that means is that all your technical analysis should be based around the 1H charts.
If someone else is trading Daily and someone else is trading using 5 minute charts has no relevance to you. Their analyses are not relevant to you. You are trading the 1H charts !
In regard to howw many pairs to watch, I recommend only one. The reason is simple....over the longer term most USD based pairs all follow the same direction....pull up a monthly chart over 300 periods (that is 30 years) and overlay the EUR/USD, the GBP/USD and the AUD/USD and you will see that they basically follow each other....so why have the hassle of trading three pairs that are basically going to copy each other with minor digressions.
Also most professional traders get a "feel" for a pair that is usually related to where they live. Most UK traders prefer the GBP/USD pair. Most Australian traders prefer the AUD/USD. Most European and US traders trade the big one: EUR/USD.
Most novice traders want to trade multiple pairs because they want to treat trading as a computer game... trade this, trade that, etc....That is not the way to profits... multiple pairs is the way to overtrading...and overtrading is the biggest killer of traders in this industry.
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Jacko |
Apr 8, 2009 9:56am
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Quote:
Originally Posted by trading801
jacko,
1)what if the price goes away from the AH pending order.. say to 12800 .. when do we start to trade in this direction?
2) say the SL is hit and while waiting for the 50 pips to place AH, the price resume your direction... since i cant place my AH order, when do i get in again?
btw, what TP shoould we use? trailing stop of 50?
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Hi trading801
1. Only when you have made a decision that the trend has changed
2. At the next entry point as determined by the strategy
3. 50 or 100 pip TSL as determined by the volatility
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Jacko |
Apr 9, 2009 6:30pm
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Quote:
Originally Posted by begbrook
think its unfair for a newbie to wade trhu 1000'0sof none realted posts.
It takes hours and you dont nec learn anything cos ur so bored by the time u get to the good stuff...u can miss it..if u get to the good stuff
A summary would be a good idea. .
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Hi Begbrook
I don't have a summary but the easiest way to understand my basic method is here:
http://www.forexfactory.com/showthread.php?t=27286
(read just the first page...it is the basic method)
and here
http://www.forexfactory.com/showpost...4&postcount=85 (the results)
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Jacko |
Apr 13, 2009 6:34am
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Quote:
Originally Posted by Coke Can
I just wanted to confess that I am secretly in love with Jacko and Im a dude
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I don't even know what to say to this...
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Jacko |
Apr 13, 2009 6:38am
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Quote:
Originally Posted by fxtrader29
The reasons why I joined his group is that he has shown his results of real and live trading.
http://www.forexfactory.com/showpost...4&postcount=85
There are a lot of bullshitters in these forums but I went back and read all his old DailyFX posts where he was trading live and I saw then that he was not the usual forum poster. Jacko is the real thing. He is a successsful trader. I wanted to learn from someone who reallly trades and is prepared to show all his trades
After reading his private website-blog, he is not only a... |
Hi fxtrader29
Thank you for your kind words. I appreciate them. Thanks
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Jacko |
Apr 13, 2009 8:19am
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Quote:
Originally Posted by LeveragedJoe
Hey everybody,
i've been following this great thread for quite some time now, and all I can say is that the method is pretty clear and simple and the real edge here is the A-H strategy, which enables any trader to dramatically limit his/her account drawdown.
Still I have some questions for you turtles:
1) is it allowed any discretion in this method? What about closing your trade at a loss before the stop is hit when you see that the price action is fundamentally wrong? What about moving your stop to break/even ASAP and not waiting for the...
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Hi Leveraged Joe
my answers in red
1) is it allowed any discretion in this method? yes What about closing your trade at a loss before the stop is hit when you see that the price action is fundamentally wrong? You can do this, but I personally prefer to let the trade play itself out...the reason is that making a decision when you are in the "heat of the trade" will usually be a wrong decision.. What about moving your stop to break/even ASAP and not waiting for the trailing stop to do it for you? Depending on the volatility, we use that strategy. However, the trade off in using that strategy is that you will have many more small profit trades Is any of these discretional moves allowed, or are they going to seriously impair the method's capability to turn out a profit? The "moving your stop to break/even ASAP" will reduce your profitability in a volatile market
2) when Jacko says "choose the timeframe that YOU want to trade" it really means that one must trade the trend of that timeframe ONLY and completely ignore the trends visibile in other timeframes? Yes this holds true even if it is the long-term trend that we are ignoring (Weekly, etc.)? Yes, if you want to trade a trend, then you need to trade the relevant time frame
3) how EXACTLY do we gauge that the trend has definitely reversed? A break of the 4H trend line is the warning sign....A break of the Daily trend line is the confirmation...A break of Weekly trend line means that you should have a lot of money in your trading account because you have seen the other two breaks As a newbie, i was caught completely off guard at the trend reversal of last August in the Eur/Usd, so I really need some good advice about this. Is it when the long-tern trendline has been broken thru? Yes Or shall we look at swing highs and lows? Not necessary Or what else? Nothing that I can think of
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Jacko |
Apr 15, 2009 2:56am
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Thanks Twee
Just a quick note to say "thanks Twee".
I didn't ask anything but I can see that you are doing a good job in the background maintaining the high standards that Forex Factory has always upheld.
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Jacko
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Apr 17, 2009 5:26am
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Quote:
Originally Posted by Nanook438
Hey DanUK,
IMHO- The trading model is simple. Go back to the first posts and you can get it. It's not complicated. I don't see a need to rehash it every few posts. That is why this thread seems boring to some.
It is a disservice/ disrespectful to Jacko for someone to post his trades on the blog for others. It is not so much the trades as it is the thought process and discipline that matters.
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Hi Nanook
Thank you for your post. As you said, my method is not complicated. It is simple!!
With the exception of a change in the size of the Trailing Stop Loss to 100 pips (due to the extraordinary and huge increase in the volatility of the market from August last year until recently), there has been very little change in the basic strategy.
However, traders like to fiddle with things and add layers of (historical) indicators ....which have no value because they are historical..... and try to make something that is very simple into something very complex.
As I have said previously, there is no real need to wade through the whole of this thread. The basics of my method are here:
http://www.forexfactory.com/showthread.php?t=27286
(read just the first page...it is the basic method)
and here
http://www.forexfactory.com/showpost...4&postcount=85 (the results)
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Jacko |
Apr 17, 2009 6:01am
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Quote:
Originally Posted by coscorp
I don't see any issue with anyone wanting to share their own trades...ie those stemming from a strictly personal analysis that uses what Jacko's teaches...however if Jacko's private blog was involved in any manner...then I don't think it would be fair or polite do to so...notwithstanding that Jacko has in the past requested that the details of the private blog not be made public...which I find to be completely endorsable and correct - not only to Jacko himself - but also to all of those who invested the time to join his private group....
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Hi Coscorp,
I agree. I personally have no problem with a member of the group posting their own trades here and discussing why and when they took the trades. Some members of the group trade more (or less) than me.
But, as you say, it would not be right (or fair on the other members of the group) for anyone to just post all my trades here.
As each of the members know, I have a very high win rate, the pips keep on adding up and I am trading very profitably. Given that most Managed funds and hedge fund have been bleeding out of their eyes with huge losses in the last 9 months, I am reasonably happy with my trading. (Mrs Jacko hasn't spent all this years profits...though she is trying very, very hard...so I know I am doing alright....LOL)
I also believe that the market is now starting to come back to a semblance of relative calm compared to the last 9 months (since August last year when volatility in the markets skyrocketed). As a group, we hunkered down and traded much more cautiously, but continued to still rack up sizable pips and profits.
As each of the members also know, now that the market is settling down, it is now time to be a little braver and ramp up the trading and aim for the super normal profits.
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Jacko |
Apr 17, 2009 7:09am
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Quote:
Originally Posted by deepsouth
...I find myself excited by the possibilities, and have to be careful. I start looking for a trade rather than looking to make money.
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Hi deepsouth,
I like that little quote !...
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Jacko |
Apr 17, 2009 7:58am
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Quote:
Originally Posted by Ray_1
I took a long at 1.3100 at the daily chart whereby I drew a fibo and 50% is at 1.30948, so I set a long entry at 13100 and was stopped out at 1.3068. Anything wrong with my trade? Pls advise.
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Your Chart has a purple trend line.....
It is a line that is higher on the left hand side than the right hand side so it is pointing down.
So the market was trending DOWN in your prefered time-frame.
You traded AGAINST the trend.
So there were TWO things that were wrong with your trade:
1. You traded against the trend
2. You lost money
Not a good thing to do !!!!!
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Jacko |
Apr 17, 2009 8:07am
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Quote:
Originally Posted by jacko
Your Chart has a purple trend line.....
It is a line that is higher on the left hand side than the right hand side so it is pointing down.
So the market was trending DOWN in your prefered time-frame.
You traded AGAINST the trend.
So there were TWO things that were wrong with your trade:
1. You traded against the trend
2. You lost money
Not a good thing to do !!!!!
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Jacko
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Ray
It is 8.07 am NY time....If you are determined to trade against the trend, from now till 11.55am NY time today may be a good time to do so.
Hows that for a live trade?
PS I am not taking that trade because it is AGAINST the trend
PPS I could be wwwrong!!!! |
Apr 17, 2009 8:42am
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Quote:
Originally Posted by Pipped
Hi, I think the first thing to do is decide which time-frame you are trading....if it's the Daily, the long-term (300-bar) trend is down and price is below it, so you should only be trading in this direction.
By my reckoning, price has now broken below H4 trendline (somewhere around 1.34)
The Weekly (upwards) trendline was finally broken during August/September 2008 around 1.45, (although the Daily and H4 signalled the change much earlier, when their lines were breached near the 1.54 level.)
I should add that, although I've followed the thread...
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Hi Pipped
In the short space of your post you looked at the Daily, the 4Hourly and Weekly trend lines. I think that it would be better if you determined WHICH single timeframe is the best for you to trade....and don't even look at the others.
Similarly, looking at prices like 1.34, 1.45 and 1.54 when the price right now is 1.30...will just confuse you.
You need to focus only on your chosen trading timeframe and the relevant numbers from that time frame.
Because you are a novice, and all novices are impatient, I would assume that your prefered time frame is either 4H OR more probably the 1H in which case you need to pull up a chart of 300 periods of EITHER the 4H or the 1H and start to analyse that ONE chart.
Put up your single resistance line (linking up all the highs)
Put up your single support line (linking up all the lows)
Put your single 50% Fib line.
Now determine your trade rounding up or down to the round number
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Jacko
PS. On the 4H and 1H it is definitely not long |
Apr 17, 2009 9:02am
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Quote:
Originally Posted by fxtrader29
What happens at 11.55am NY time?
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It is a Friday and the market thins dramatically after lunch.... most senior traders (big traders) try to get out of NY for the weekends or start their social engagements Friday nights.
Not worth the risk of being in after lunch on Fridays if you trade large lots....you can get set, but the market gets ratty
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Jacko |
Apr 17, 2009 9:12am
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Quote:
Originally Posted by DanUK
Hi Jacko,
This post has me a little confused. I was under the impression that you used a top down approach - weekly, daily, 4 hourly and 1 hourly in order to make a decision. I know you have always said to choose the time frame you want to trade but I wonder if you could just clarify how the other time frames affect your decision. Suppose for example you choose to trade the 4 hour charts - do you still use the daily and weekly to confirm the long term trend or do you only trade the trend you see on the 4 hour chart?
Thank you for your help,...
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Hi Dan
You are correct ...I home in using a top down approach...but the majority (98%) of my analysis is on my single prefered time frame (4H)
In the case of Pipped, I needed to simplify his method of looking at his charts and just have him focused on one timeframe. Remember...he said he was a novice...so first steps first
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Jacko |
Apr 20, 2009 10:50pm
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Quote:
Originally Posted by psneto
Hi luSan,
could you share your charts?
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Hi psneto,
I think it would be better if you understood the strategy underneath the trade before you just looked at a chart of one or two trades. Have a read of the first page of the thread and it should be clear.
If you still want to see luSans charts (and luSan wants to put them here) I have no issue with that, but it helps to understand the strategy first.
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Jacko |
Apr 23, 2009 9:02am
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Quote:
Originally Posted by Nanook438
LOL- I don't know why it is so easy for me to see afterwards but so hard to see as it's happening!
Did get some pips out of it though.
Good job lusan!
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Hi Nanook
Its like that for everyone. The 20/20 hindsight is a beautiful thing.
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Jacko |
Apr 23, 2009 10:01am
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Quote:
Originally Posted by shotshell
Hans, for what its worth, I think you're right. Patience & some time will find the price rallying back to the 1.3095 area. That appears to me to be approx. the 50% fib & near the round number as well. I have an order waiting to sell there & also at 1.3150. We'll see. I'm just learning Jacko's style. Hope I'm doing this right!!
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Hi shotshell
Mark out the area of your chart where you expect the market to go and then wait for the market to reach that level.
If it does not reach that level then wait for the next trade.
If it does reach that level then I wait for a loss of momentum before taking the trade.
(thanks tinybolt)
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Jacko |
Apr 23, 2009 10:43am
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Quote:
Originally Posted by bez3000
Jacko,
[size=3][font=Calibri]I would just like to say thank you for showing your way of trading. I have been looking at expensive scalping methods for months now and have finally realised I will not succeed using 5 min charts full of indicators. I am about half way through reading every post on this thread but I will get there. On my demo account I have set a price of 1.3095 to trigger the trade as the retracement looks close to the 50% and 3100 round number. Hope this is a sensible move, even though it?s only...
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Hi bez 3000
A friend of mine is an ex-broker (of many years experience) and was a manager of large teams of brokers ....He tells me that he has never seen a scalper last more than 12 months as a full-time trader...the pressure is too intense, you tend to overtrade and you very quickly stop seeing the forest for the trees and start jumping in and out of long and short trades with no strategy...in other words, you start "gambling".
You then also tend to start trading smaller and smaller time frames. Then you simply get blown away by the market.
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Jacko |
Apr 23, 2009 10:55am
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Quote:
Originally Posted by jacko
Hi bez 3000
A friend of mine is an ex-broker (of many years experience) and was a manager of large teams of brokers ....He tells me that he has never seen a scalper last more than 12 months as a full-time trader...the pressure is too intense, you tend to overtrade and you very quickly stop seeing the forest for the trees and start jumping in and out of long and short trades with no strategy...in other words, you start "gambling".
You then also tend to start trading smaller and smaller time frames. Then you simply...
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I am answering emails from the group at the moment and this one is one I have just answered not 2 minutes ago.....it relates to the answer above.
The trader (who joined 2-3 weeks ago) words are in blue
[FONT='Times New Roman','serif'] Regardless, since I started this I am up +443 pips (couple of weeks). Really just a handful of trades (5 or 6) with an average win of 70 pips or so. I have been analyzing 4 pairs daily to get some practice with trend lines, fib levels, and price action. I rarely have more than one trade open at a time. My trading is drastically different from just a few weeks ago (lots of trades open, "jumping in" on a run up or down and getting whiplashed, not being able to justify trades, etc.). [/font] |
Apr 23, 2009 11:03am
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This is the first part of the email from the same trader....it is worth noting. His email is blue, my responses are in red
Jacko - one the things that I have been doing that is new for me is recording my trading "thoughts and ideas" and decision making processes via a log (in this case a blog - with only ONE reader..ME..LOL). Excellent...every trader should do it !! It really does help me clarify my thinking and I noticed myself staying out of trades just because I couldn't justify them fully via written thought. Yes Seeing and reading your blog helped me to realize that ideas and decisions take on greater emphasis mentally when they are written down. Must be something we humans appreciate..who knows. Thanks for the idea. No problem
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Apr 23, 2009 11:06am
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Quote:
Originally Posted by bez3000
Thanks for the reply Jacko,
I am defiantly converted thanks to you and all the other traders posting in your thread. Just getting use to WAITING is a skill I am trying to master. I have just ordered ?Trend Following: How Great Traders Make Millions in Up or Down Markets? don?t know if you have read it but it looks a good read.
Would love to build up slowly and one day be a full time trader!...
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Hi Bez3000
Patience is the hardest skill to learn.
I am not sure if I have read that book though it looks like one that if I had seen it, I would have read it
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Jacko |
Apr 23, 2009 11:11am
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Quote:
Originally Posted by bez3000
Thats very interesting, is 5 or 6 trades normal for a couple of weeks? Also an average of 70 pips is that after getting stoped out with 100 Trailing Stop?
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I don't know...he didn't send me the list of his trades. But I have just sent him an email saying that I have posted some of his email and that there was question that he may (or may not) like to answer to help out a novice trader.
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Jacko |
Apr 23, 2009 11:27am
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Quote:
Originally Posted by elcm
Hi Jacko!
Great thread! It is so amazing when such an experienced trader shares a wisdow for us! Thank you!
How do you determine that "loss of momentum"? I think that is the point that I am missing in this cause the idea is absolutely great but can not figure that out.
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Hi elcm
It is nothing secret or exotic....I just look at the chart.
The lows are higher and the highs are less high. ....then it starts to turn,... then the highs are lower and the lows are lower
Don't look for something difficult or a special formula/indicator ....if you watch a ball going up in the air, you can easily see the loss of momentum....it is exactly the same for price on a chart.
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Jacko |
Apr 23, 2009 11:41am
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Quote:
Originally Posted by simoncs
I have been hoping that the retrace would get past the 1.31, perhaps to the 50fib which also coincide with the 365 and 150emas and then price to bounce off there.
However price has made it back to the 38 fib and just shy of 1.31 and then formed essentially a 2 bar pin on the 4hr.
so incase this is all the retrace we are going to get i have a sell order below 1.3.
anyone think it will make it to the 50fib? what says your crystal ball jacko?
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Hi simoncs
If I had crystal balls I would sit down ....very carefully
I would not be a seller under 1.3000 (you will get stopped out if you do)...I would be a seller much higher than that....But I like a bargain
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Jacko |
Apr 23, 2009 12:00pm
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Quote:
Originally Posted by fxtrader29
Thats why I like you Jacko. No BS. Just tell me the facts.
And I don't need to tell you but your trading results are terrifically good .Year on year you have acheived stunning performance results.
Glad to be on board with you
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Hi fxtrader29
I am impressed with the depth that you did with your research on me and my trades. I dont think anyone has done as much research and analysis of my
trades as you have.
I was reading your comments in the EUR/USD thread earlier. I am impressed.
Your emails/questions to me have always been intelligent. You sound like a man in a hurry to get to where you want to be
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Jacko |
Apr 23, 2009 12:15pm
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Quote:
Originally Posted by simoncs
indeed.
yes - i have to agree with that - just my eagerness to be in a trade which i am fighting. I guess i still don't want to miss the opportunity (even though i know there will be another soon enough)
However - perhaps you can humour me for a moment - suppose this was all the retrace we got and price does move below 1.3 and continue down, maybe a hundred points or so. Do you wait on the sideline for the next retrace or would you be looking to get in by some other signal?
thanks
Simon
ps- I think i just answered my own question there ... |
Hi Simon
Regarding your eagerness You just answered your own question..."i know there will be another soon enough"
Regarding the retrace You sound like the pretty girl who just got asked to the Prom by the UGLIEST guy in the universe....Would you accept or wait for another offer.
The point is: Don't sell yourself cheap to the brokers and take the first/worst deal on offer. Be selective, show some class, don't be seen as "easy"
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Jacko |
Apr 23, 2009 12:37pm
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Quote:
Originally Posted by fxtrader29
I appreciate the public compliment. Btw, I am long at 1.2950 and 1.3000. I was going to add more at 1.3050 but saw the % risk was getting too high. Lets hope that your target price is struck. And YES I have SL under both trades.
Regards
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Aggressive trading...
good luck
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Jacko |
Apr 23, 2009 1:13pm
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Quote:
Originally Posted by plan-b
Hi jacko,
I have read most of this thread and even spent this past weekend reading through all your trades from your dailyfx days(my wife didnt like that, )
I have been applying your technique for a while and learning from my mistakes in both demo and live trades..
Its beginning to dawn on me thats its all about looking at the big picture.
The excitement of jumping up and down is finally wearing off and i know i will be able to identify those big entry levels that come around once in a while..
what are your thoughts about an entry anywhere between... |
Gee....On a weekend....Having wild passionate sex with the wife...OR reading jackos thread on dailyFX......which one would I choose????? .... LOL...shut the computer down QUICK!!
1.32- 1.34 then down to parity...sound a possibilty...a good possibility
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Jacko |
Apr 27, 2009 8:51am
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Hi fxtrader 29.
I just heard that there was a bit of noise in here so I thought I had better see what was happening.
Good to see you are going well, . You are not the usual quiet introverted accountant are you?
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Jacko
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Apr 27, 2009 9:23am
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Quote:
Originally Posted by fxtrader29
No.
Just bought them all back.
Thanks a million
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Hi fxtrader29
No need to thank me. You took the trades. I just said where I thought it was heading.
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Jacko
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Apr 27, 2009 9:49am
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Quote:
Originally Posted by fxtrader29
Is that a challenge?
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LOL...No.
I think you can do it.
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Jacko |
Apr 27, 2009 10:00am
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Quote:
Originally Posted by trader john
Jacko is definately "de Man", if only I would stick to his way of tradeing, I would be ok.
Hopefully others will learn from my statement.
I'm working on it.
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That just takes self discipline. |
Apr 27, 2009 10:08am
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Quote:
Originally Posted by coscorp
I know what you mean..however I think we all must find our own path in the end...wayne (amongst others) has certainly helped me to become a better trader and i think thats what the ultimate goal is.
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Hi coscorp
Thanks for your kind words. Good to see you here
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Jacko |
Apr 27, 2009 10:10am
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Quote:
Originally Posted by fxtrader29
I appreciate your public compliment. I am sincerely thankful.
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Enough....Lets get back to work.
I have emails from the group from yesterday to answer.
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Jacko |
Apr 28, 2009 7:12pm
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Quote:
Originally Posted by bez3000
Hi Jacko I have a quick question I hope you or one of you group can answer. I know we should only trade with the trend, but I have noticed some of you group are trading long and short, am I missing something?
Still loving this thread!
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Hi Bez,
I trade only in the direction of the trend for my own trades but some of the more "adventurous" traders also trade off the comments of where I think the market is going to.
They are doing extremely well.
Also they are not using a 100 pip TSL. They are using just my comments of where I think the market is going to each time.
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Jacko |
Apr 29, 2009 6:16am
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Quote:
Originally Posted by teddybearhug
Hi Jacko,
You seem a very honest and successful man. I am hoping you can help me. I want to be a trader but my family says that it is gambling. My wife says that I should try harder to get a better job and that I am wanting to be lazy and not work. My dad is cool about it and says that if it is what I want to do then it is OK with him. What should I say to them to tell them that trading is not a waste of time. I have a good job that earns good salary but I hate the work and all the games everyone is playing at work. I think that my position at the...
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Hi Teddybearhug,
There are three issues that you need to consider regarding trading versus a career as a trader …And you have to remember that I am a trader so I am biased.
Firstly employment security
The salary has never been a truly reliable safety net. From your post it sounds as though you have been through the awful reality of being made redundant and unemployed. As you get older, this awful reality will become even more pervasive.
Speaking to friends and acquaintances of mine it now appears that , unless you have an exceptional skill or talent, your career in most businesses as an employee now finishes at 40. Now considering that most of your generation will easily live till your 90’s and beyond, you will be 50 years short of income.
I personally think that the "gamble" that employers will look after you after your 40's is the biggest (and worst !!!) gamble that people that people can take.
Secondly, your 401k / retirement funds / superannuation (depending on the country where you live)
These funds have been decimated in the last 12 months. Due to the fall in world equity funds, most people who were looking forward to a reasonably beneficial retirement have been rudely awoken to find that their retirement funds are now insufficient to keep them in the manner they were expecting. Worst still , they have no time nor the skills to rebuild their lost assets.
And in case you think that the current crisis is a unique and exceptional situation, then you only need to look back to the late 1970’s when the previous generation of retirees had their assets destroyed by the stagflation of the late 1970s.
The generation before that was the 1940’s and WWII effectively destroyed their retirement funds.
Thirdly, social security
As the very demanding and politically powerful baby boomer generation gets older, more government resources will be allocated to keeping them alive for longer. Unfortunately for the younger generation, this will take away from other social security benefits, so if you lose your job for any length of time, you go backwards (financially) very quickly…and in some cases, they will never recover. Again, the "gamble" that social security will look after you in your later years is looking more and more like a terrible gamble.
Now as I have said above, I am biased…..
But as a trader, once you have mastered the basic skills of trading, NO-ONE can take away your talents, your experience and your skills.
As I hammer into all my group members, they are learning a skill that they can use whenever they want, where-ever they want and as often as they want …FOR THE REST OF THEIR LIVES.
No-one can take it away from you. It is yours and YOU determine how you wish to use that skill.
To me, that is a much better gamble
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Jacko |
May 4, 2009 5:53am
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[quote=whitegoodman;2710655]
Quote:
Originally Posted by anskaven
Hi Jacko, I have some doubts:
1). yes all time frames
2). TSL is the same
3). no
4). dont know. EURUSD just is an easier read on trend, better liquidity, spread etc
5). 50's and 100's are the main psych numbers
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Hi whitegoodman
Good answers.
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Jacko |
May 4, 2009 5:54am
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Quote:
Originally Posted by coscorp
well...if price moves 500 pips or more beyond then I wouldn't be worrying about the AH trade anymore as obviously we would be trading in a different market situation.... |
Hi coscorp
Good answer
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Jacko |
May 4, 2009 6:05am
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Quote:
Originally Posted by digitil
this has been asked a zillion times elsewhere on FF - but I'm curious which brokers Jacko Group Members are trading with and why?
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Hi digital
I am always curious/ fascinated / intrigued why people want to know which brokers members of my group or I use...??
Regarding my brokers,we use 4 of the biggest brokers, but I had a bad experience about two years ago (well before I started the first group) where I gave the information about our brokers to a young guy (who in turn told some other traders) and they all started pestering our brokers saying that they were “very good friends” of mine and wanted special deals etc on spread. And when a trade went against them they said they would get Mark involved to “sort it out”.
It nearly wrecked our relationships with the brokers and I never want to go there again. Mark was furious about it. And the young guys even thought that we were unfair when we said that we didn't want them using Marks and my names as a lever, so I lost a friendship there. It turned into a real mess so I don't intend doing that again.
Regarding members of the group and their brokers, I don't recommend any one broker to any of the group. I don't recommend any brokers to the group at all. I don't want to be seen to be "affiliated" or recommending any brokers. I would not want to be seen to be promoting one broker over any other. (It could give an impression that I am “influenced” or “incentivised” to refer members of the group to them…which I have never done).
What I do recommend is that traders deal only with the bigger (and more reputable??) brokers. Then just have a look at their platforms and choose the one you feel most comfortable with working with.
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Jacko |
May 18, 2009 8:06am
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Quote:
Originally Posted by Sierra8561
Does Jacko post much on this thread anymore?
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Hi Sierra8561,
Only if someone needs some help.
Otherwise I let the traders here use the method outlined on the first page of the thread.
The effectiveness (that is, profitability) of that method is seen here:
http://www.forexfactory.com/showpost...4&postcount=85
AND it has continued to be PROFITABLE every quarter of every year since.
.
Jacko
Last edited by jacko, May 18, 2009 8:24am
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May 18, 2009 8:21am
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Quote:
Originally Posted by citizenjack
hi guys,
...... fyi i'm a newbie to forex trading.
i'm just learning to analyze the chart and hopefully i could do like what you pro guys are doing here.
looking forward to hear any feedback and advices from you all. thanks.
)
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Hi citizenjack
You have soooo many lines on your chart that my eyes were hurting.
You need only one Resistance line (linking up the highs on your chart)
You need only one Support line (linking up the lows on your chart)
You need only one Fib line (the 50%)
That is all. Anything more than that is an irrelevancy.
If you can't make a trading decision based on the above three lines, then another ten lines is not going to help you. (They will only confuse you!!)
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Jacko |
May 20, 2009 7:42am
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Quote:
Originally Posted by TheCyberCore
Since a month I am trying hard to follow jackos' method. I found there are some different psychological things that come into play when trading his style.
Personally, the biggest test is to sit and wait. To wait for an opportunity to get into the market. As this long term style does not provide so much signals to get into the game.
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Hi CyberCore,
You have raised a really important issue here. Most people when they start out trading have this compulsive "need" to trade.
I think mostly it has to do with the common (but false) characterisation in the movies that traders are trading every 20 seconds and screaming at each other.
The other reason is that most people think that if they are not trading every day, then they are being lazy.
The reality is that the more trade you take, the more you are moving from only the AAA+ trades down into the realms of BBB- trades and then down to CCC- trades until you eventually are trading the equivalent of "junk" or sub-prime trades.
The question that arises is.... why do you want to trade all the sub-optimal trades? Forex trading is a thinking mans business. Patience is paid for in dollars....Impatience will cost you dollars almost every time.
Rather than trading more often, it is better to have a good win rate and use the benefit of leverage.
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Jacko |
May 20, 2009 7:54am
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Following on from the previous post....
The novice traders do not understand that the key benefits of this business are the leverage, the liquidity (ease of getting in and out of a osition) and the rapid compounding of profits.
Let look at the most important which is leverage. Take a look at what traders are trading. Lets assume that you are a young guy 19 year old trading 2 standard lots. (That is quite easy for most traders to be able to afford. Throw down $10-15 thousand and you can easily trade 2 standard lots). However with 2 standard lots you are instantly controlling $200,000. Thats how easy it is to do.
Now compare that with any other business venture.
Try going to the bank and saying "I have $10 thousand ...and I want you to give me the money to buy a business for $200,000 tomorrow" They will laugh you out of the office.
However a forex broker will say "What the hell, drop $10k on the table and you can trade $200,000 RIGHT NOW !!"
The benefit of Forex trading is not that you have to trade and trade and trade to make a lot of money.
What a good trader does is pick AAA+ trades only, uses the leverage to control more money than he would normally be able to access.... and has a good win rate on leveraged funds. That is how to make serious money.
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Jacko
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May 20, 2009 7:57am
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Quote:
Originally Posted by DanUK
Hi TCC,
I would say that my experience has been pretty similar to you. It took me a long time to get round to the idea of only taking a small number of trades. My biggest concern with only taking a small number of trades was missing out on the opportunities... just like in your example; missed a good move so now you have to sit back and wait for the next opportunity to present itself. You did well not to get in and hunt it though!
But the wait is well worth it. By sitting back and only taking the best setups you will keep your losses small....
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Hi Dan,
An excellent answer.
By sitting back and only taking the best setups you will keep your losses small.
Also you gain more freedom by trading less often which is the ultimate goal for most people.
Jacko
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May 20, 2009 8:13am
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Quote:
Originally Posted by TheCyberCore
Yes - as all the major currencies are related to each other. Jacko trades EURUSD only, because it is the most trendy pair and as well the biggest market (the "supertanker") of all pairs.
.
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Hi CyberCore
LOL... This is my fourth post in a row.!!...I must have verbal diarhorrea today.
I trade the EUR/USD because as you say it is the supertanker of all pairs. However, I can also understand that most traders also like to trade their home currencies. The Brits like to trade the GBP, the Australians like to trade the AUD and the Europeans like to trade the EUR or the CHF.
I like the EUR/USD because I like to trade the biggest pair. The principles of the method outlined on the first page can be used on any pair, but the varying volatility of each currency pair requires different pip size parameters.
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Jacko |
May 20, 2009 8:32am
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Quote:
Originally Posted by RickyRudy
I am new to Jacko's Trading. I just finished drawing a Fib line on my closing chart for the past week. I don't know if this is where Jacko would draw his fib but mine is drawn from 1.3252 on May 7th to 1.3722 on May 13th. As my attached chart shows, EU retraced to 1.3487, which is EXACTLY at my 50% fib line. That was IBFX's 4:00 PM NY time close on Friday. Bloomberg has it closing a mere 8 points higher at 1.3495. This would signal a possible continuation of the bull move but with it closing below the descending daily trendline in red this leaves...
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Hi Ricky Rudy
You have drawn your Fib lines correctly.
What you need to remember is that there is not just one fib line.... they are a set of targets.
I only use 50% fib lines because they are the most used parameter for Fibs. The 62% and 38% are not as commonly used and therefore not as "self-perpetuating".
Lets assume that you have identified a short term 50% fib. When your trade moves to that point, you have to make a decision: Will it bounce off the Fib or go through it. (They are the only two possible outcomes)
If you are in a trade and it bounces back you can close it asap.
If it goes through it you stay in and then look for the next (longer) time frame 50% fib and use that as your trading target.
When your trade gets to the longer term fib target, you repeat the process above
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Jacko |
May 25, 2009 9:34am
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UK and US are both celebrating Bank holidays today ...
A note from the Forex Factory calendar
"Most Forex brokers remain open for every holiday except Christmas and New Year's Day. However, Banks facilitate the majority of foreign exchange volume. When they are closed the market is less liquid and speculators become a more dominant market influence. This can lead to both abnormally low and abnormally high volatility"
Good day to spend with family and friends....
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Jacko
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May 25, 2009 8:05pm
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Quote:
Originally Posted by dunningduke
You really want to stop reading other people's views after you have developed a sound trading idea and the trade is on. it's always good to revaluate on a pen a paper whether the trade is doing what you are expecting it to or not...you should have all of your exit parameters already in place before placing an order. But, again, listening to others should be thrown immediately out of the door once your trade is triggered.
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Good work dunningduke...Excellent advice.
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Jacko |
May 25, 2009 8:07pm
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Quote:
Originally Posted by jcalow
Many thanks for your help! Do these trendlines look better?
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Hi jcalow
They are much better Support and Resistance lines.
Note You are using a "channel" approach
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Jacko |
Jun 15, 2009 4:06am
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Quote:
Originally Posted by fxtrader29
Bought back at 1.3900 ten minutes ago at 4.10pm Australia time. 200 pips profit with 2 normal lots. I was not going to be greedy
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Hi Fxtrader29
Good trading.
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Jacko |
Jun 15, 2009 4:09am
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Quote:
Originally Posted by lovejoy80
Morning all,
I entered a short trade @ 1.3990 on break of 4H triangle. SL 75 pips which is now at break even. Will post chart later.
Ideally looking for 1.3800 initially, but we will see what happens during London open.
Russian finance minister commets at G8, Latvian intervention in currency and general risk sentiment as lead to a bias for USD at beginning of week. Hopefully we can see some good trending this week after a very quiet week last week.
Geithner speaking later today is only point to note on the news front, though we all...
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Hi Lovejoy
Good trading..... But watch the 1.3880 It is the 50% fib from 1.3422 to 1.4338
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Jacko |
Jun 15, 2009 4:36am
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Quote:
Originally Posted by RickyRudy
I thought about setting a pending order to go SHORT at 1.3950 just before going to bed. I decided against it since it was the Asian session and I wanted to be awake to see what happened to start London. So I wake up to find this thing somewhere around 1.3890.
It's struggling at 1.3880 like Jacko thought it might. We'll see if we get a retrace back to around 1.3950 or 1.3930 and another opportunity to go short. All depends on what time that happens as well since Geithner is scheduled to open his mouth.
And FXtrader, it seems your decisions have...
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Hi RickyRudy
The Asian session is usually slow for the Euro. They tend to focus on USD/JPY and AUD/USD trading.
1.3950 is very possible. Every time Mr Geithner opens his mouth, the USD just drops like a rock causing all the USD pairs to shoot straight up.
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Jacko |
Jun 15, 2009 8:02am
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Quote:
Originally Posted by Pipped
All this waiting is finally starting to pay off - 200 pips in the bag from buying at 1.3900 last Tuesday and I couldn't resist going counter-trend on Friday when the 4H retested the channel line.....currently up 247 pips! One of my better weeks, so far....
I'm still looking to buy around the 1.3600 area when upward momentum returns, but only time will tell - let's see how things work out.
Great to see you Jacko! |
Hi Pipped
Good trading
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Jacko |
Jun 15, 2009 8:10am
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Quote:
Originally Posted by RickyRudy
Jacko, thanks for confirming my suspicions. That seems to be my observation as well. That was one of the reasons I didn't think it necessary to enter the market at that time. I've found that even if somehow you could 100% predict where the market is headed you sometimes still need timing on your side.
It's good reading your thoughts on the private blog. I'm sure some of the others here appreciate you dropping in now and then.
C'mon Geithner don't let us down, LOL!
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Hi RickyRudy,
I have no beef with Mr Geithner but the Wall St boys must have a real dislike for the guy, because EVERY time Geithner speaks, the big traders just tank the USD and it sends the Euro up 100-150 pips.
A couple of weeks ago Geithner made a speech in China at around 7.00am in the morning NY time and the USD was trashed by the traders even at that hour.
I am watching today with interest. Hopefully, the "Geithner effect" will not have worn off...LOL
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Jacko |
Jun 15, 2009 9:03am
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Quote:
Originally Posted by RickyRudy
JP, looks like we're in the same boat waiting for Geithner to come bail us out. Hopefully he'll come to the rescue so we can get in on this sweet action at a good price. Let's hold hands and sing Kumbaya while we wait...LOL!
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Hi RR
I am not a short term trader / scalper but I suggest that this market will go up until about 10.15am NY time today (it is now at 1.3882)
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Jacko |
Jun 15, 2009 9:05am
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Quote:
Originally Posted by jacko
Hi RR
I am not a short term trader / scalper but I suggest that this market will go up until about 10.15am NY time today (it is now at 1.3882)
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Jacko
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The market looks to be getting ready for the "Geithner effect"...LOL |
Jun 15, 2009 9:07am
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Quote:
Originally Posted by RickyRudy
I sent you an e-mail to your private blog regarding Geithner. Looking forward to your response.
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Hi RR
I just saw it...I am answering the emails now
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Jacko |
Jun 15, 2009 9:35am
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Quote:
Originally Posted by jacko
Hi RR
I am not a short term trader / scalper but I suggest that this market will go up until about 10.15am NY time today (it is now at 1.3882)
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Jacko
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Market has dropped to 1.3862....Has Geithner decided to be a no-show????...LOL |
Jun 15, 2009 10:33am
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Quote:
Originally Posted by jacko
Market has dropped to 1.3862....Has Geithner decided to be a no-show????...LOL
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Looks like the "Geithner effect" has now been factored in by the market....
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Jacko |
Jun 15, 2009 11:24am
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Quote:
Originally Posted by RickyRudy
Market went as low as 1.3779. I moved my SL to breakeven just in case this thing reverses. It's pretty much a free trade for me now. Whoopie, out of the woods with my pants on.
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Hi RickyRudy
Excellent trading. You have minimized your potential loss and you have a free trade running.
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Jacko |
Jun 15, 2009 11:26am
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Quote:
Originally Posted by Jpnek
I'm with you on this one, Rick. Got in at .3845 at the last pullback. As I consider this a very risky trade because of the really low entry point, I've just placed my S/L at B/E (currently 60 pips in the green). I'm planning to buy back my lots at 3745 if we get there.
Cheers,
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Hi Jpnek
You too. Excellent trading. You have minimized your potential loss and you have a free trade running.
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Jacko |
Jun 15, 2009 11:32am
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Quote:
Originally Posted by Paul88
sorry , i'm a newbie in jacko style
and glad to learn much thing from u all guys
and i want to learn more about A-H strategy
let say entry on 3900 and put Stop Loss 3800 and also put a buy limit at 3800 ??
sry for my english , coz is not my default language
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Hi Paul88
1. The A-H strategy is on the frst page of the thread here
2. " let say entry on 3900 and put Stop Loss 3800 and also put a buy limit at 3800 ??" NO...this is a Stop and Reverse strategy. ... it is completely different from the A-H strategy.
A Stop and Reverse strategy will give you drawdowns that are far too large for any normal trader.... I never use that strategy
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Jacko |
Jun 15, 2009 11:35am
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Quote:
Originally Posted by Jpnek
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Hi Jpnek
If you went long at .3900 and your S/L was hit at .3800, you should wait for PA to go at least 50 pips past your S/L (.3750) before placing your Buy Stop order again at 1.3800.
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Jacko |
Jun 15, 2009 6:18pm
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Quote:
Originally Posted by RickyRudy
Well done JP.
Closed my trade at 1.3791 for a profit of 43 pips. I'll be happy with it.
1.3790 also appears to be around the 38% weekly fib. My 50% weekly fib is another 177 pips away around 1.3600. But this thing shot down so fast without any pull back I won't be that brave to risk giving these precious pips back in that fashion.
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Hi RickyRudy
Good work. You and Jpnek both walked away with some good pips.
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Jacko |
Jun 26, 2009 12:31pm
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Quote:
Originally Posted by msenocak
Hello mea (or should I say "Guten Tag"?),
I am not quite sure what you are really asking. If you were a member of Jacko I'm sure you know his personal email address. Why don't you ask him yourself how he is doing, instead of asking this groups' members? I'm sure Jacko will answer this kind of questions much more accurately than anybody in this group, and there will be no more "I hear he is ..." (fill in the blanks yourself).
Just wondering.
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Hi all,
In answer to the above question, I read the various threads on the Forum (not just this one, though it is my favourite ..LOL) on a regular basis.
However I prefer to see the members of the group using their expanded knowledge , experience and skills to answer the various questions raised here.
I don't have a ego problem and have no interest in dominating this thread, and I get great pleasure seeing members answer the various questions raised here by novice traders in a calm, intelligent and respectful manner.
Having said that, we should also appreciate the great work done here by the moderators. Forex Factory is easily the biggest and best Forex forum on the internet.
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Jacko |
Jun 26, 2009 7:58pm
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Quote:
Originally Posted by mirage_prof
Hey Ninja, correct me if I'm wrong - whats the customary stop loss on AH trade? 50 or 100 pips?
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It is 100 pips. It was changed early in the year when the Great Financial Crisis (GFC) was causing unprecedented volatility in the forex markets. The volatility had increased to 300+% on the previous years so it was pragmatic to adjust the TSL so that we were not taken out by the "noise" in the market.
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Jacko
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Jun 26, 2009 8:19pm
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As a follow on to the previous post ,
Prior to August last year it was extremely rare to see a daily trading range (ATR) of more than 200 pips (and an ATR of 120 to 150 pips was the norm).
On June 4 this month the daily ATR was 334 pips. ..
As recently as March 17, the ATR was a huge 511 pips...(almost equal to the record of 540 pips set at the peak of the panic of the Financial crisis on Dec 17)
And even just 4 days ago on June 22, the daily ATR was 281 pips.
On the basis that the ATR has increased so dramatically and that the volatility has become so erratic, I decided very early that the 50 pip TSL would be too vulnerable to the increased "noise" of the market and moved it to 100 pips.
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Jacko
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Jun 26, 2009 9:04pm
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Quote:
Originally Posted by mirage_prof
Hey Jacko, nice to see you stopping by..
May I ask you why do you currently trading against the trend and keeping on selling euro??
??
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Hi mirage_prof
Firstly, they are not counter trend trades and I am not trading against the trend. The current trend on the 4H charts is DOWN.
If you look at the 4H chart the rising Support line from 1.2963 (April 28) and 1.3804 (June 8) and 1.3934 (June 12) was broken on June 15 and that Support line... turned Resistance line ... has not been touched by any UP move.
Furthermore, again looking at the 4H charts, you can see that the market peaked at 1.4338 on June 3 and has been falling ever since.
However, the market choppiness and volatility is partially disguising the move down.... but the trend on the 4H charts is DOWN. (To demonstrate the choppiness, from as far back as May 21 right up to today, the euro has traded in a tight range of (plus or minus) 250 pips around the central 1.4000 price. Making it even more challenging for traders is the fact that within that tight range, the volatility swings are much bigger and faster than previously).
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Jacko |
Jun 26, 2009 9:20pm
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Quote:
Originally Posted by GJP
Hi Jacko, I have been reading your thread and I find it very interesting. The one thing I am unsure about is your S/L of 40/50 pips. Can you please tell me the significance of this set amount of pips? .
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As stated above, I don't use 40/50 pips SLs at the moment because of the 300+% increase in volatility.
The volatility has made it more difficult, but traders need to learn to adapt to the changed circumstances. And if you were going to trade, you had to be very, very selective. We hunkered down and became very selective and were still able to pump out high profits since the Great Financial Crisis (GFC) started in August. (The members of the group know the profit numbers since The GFC started and the number of pips in profit per standard contract is a 4 digit number)
During this time, our brokers have been advising us that the mortality rate of traders was extremely high, even with their clients who had been with them for years.
The DailyFX.com writers earler this year were even advising all clients on their website to significantly reduce their risk rate (because their broking division was getting sick of mopping up the blood of traders).
But we are traders..we just need to be pragmatic and adapt to the market situation. I am looking forward to the market settling right back down so we can all turn up our levels of more risk trades...but my first rule is: Do NOT lose money. The second rule is: Patience. This market will still be around long after you and I are gone from this earth. The wonderful aspect of capitalism is that it is self correcting and the volatility will be gone much, much, earlier than you think
Having said all that, this is still the best business on the planet. Be very selective in your trades and don't take unnecessary and silly risks and you will still pump out excellent returns over the year. Certainly better than any other investment that I know.
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Jacko
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Aug 24, 2009 10:49pm
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Quote:
Originally Posted by egkid
Mr jacko
Long time nothing from you!Hope all fine.
Plz Keep posting, There are many guys here waiting your post and your advices.
Thanks
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Hi egkid
I am very well. Thank you.
I may not post here very often but I am always popping in just to have a look to see that the thread is being kept on track.
Even though I don't post here very often the members of the private trading group have a good presence here and they tend to keep the newbies here on the right track.
I would like to post more often but I am very aware that there is a tendency of some young guys who come here aggressively wanting to argue with the older members of the forum. They want to argue about anything to do with trading with absolutely no intention of listening to what others have to say.
For example, if I said the sky was blue,they would say that it was yellow. Then they would argue with me to prove that the sky is blue. And then they would argue with me that I have to dis-prove that the sky was yellow. Do I need that???? I need that like I need a bad case of haemorrhoids.
Unfortunately, it is the reason why many senior members have left here over time. It is the downside of "free speech" and the anonymous nature of forums that anyone can come here and slander and defame people with impunity, especially when they put their real name out on the forum Unfortunately, when I started posting, I made the mistake of saying who I was. So anyone who comes here and slanders Wayne Jackson is slandering ME, not just some anonymous handle on an internet web site.
But having said all that, I am proud of what I have started here. If I have helped some traders become more profitable by reading this thread then I have achieved what I set out to achieve. |
Aug 24, 2009 11:33pm
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Quote:
Originally Posted by Money-RX
You spelled hemorrhoids wrong |
Thats because I have never had them... I take it that you have vast experience in these matters |
Aug 25, 2009 2:10am
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Quote:
Originally Posted by coscorp
Hello Wayne - good to see you here...
P.S:got any medical brandy left? |
Hi John
The flu put up a good fight but I eventually drowned the sucker with the third bottle of brandy. (for medicinal purposes only)
. |
Aug 25, 2009 7:37am
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Quote:
Originally Posted by garrye
glad your well, this euro is a pain in the butt too,happy when it starts to trend again.
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Hi garrye,
I agree that it will be nice when the trend returns (which should not be very long).
However, we are traders and when the market is Ranging like it has been recently, we have to adapt and be pragmatic in order to squeeze some dollars out of the market.
Trend trading is not the only strategy that we use in our trading groups.
When the market is Ranging, it is best to simply buy and sell at the Range limits. Thankfully, we have been very fortunate lately and have had a good solid run of very nice winning trades over the last couple of months by trading off the Support and Resistance lines.
.
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Aug 26, 2009 7:51am
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Quote:
Originally Posted by SimonK
Just wanted to say thank you to Wayne for providing an excellent mentoring and signal service. And a great sense of humour too!
Really glad to see James16 posting on the forums again too |
Hi Simon
Thanks for your kind words.
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Aug 26, 2009 8:01am
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Quote:
Originally Posted by coscorp
My .02 for what it's worth.
No - it's usually best to wait for a confirmation. The AH strategy isn't infallible, espcially in ranging markets - it does help though
Yes - regarding candlesticks it's up to personal choice Wayne does not use them to my knowledge.
Given the different market conditions setting a general profit target is something that has been implemented by Wayne to make the most of a run. When price reaches that given point one then has to reanalyse and decide if the move has expired or if there is still room for more... |
Hi John
Excellent answers. I like the fact that there are members of the group are coming back here and helping the newer traders out.
Hopefully, we can help prevent them from making stupid trades and teach them how to trade properly..... and how to be profitable.
. |
Aug 26, 2009 8:03am
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Quote:
Originally Posted by Snr Dinero
Admirably.
So to sum up... Wait for confirmation before entering, pull your stops up tighter than 100 pip trailing and use a target if it looks like the move may not go as far as a good trend should and finally, ok to enter countertrend but watch your ass!
Thanks very much for clearing that lot up. |
Hi Snr Dinero
A good summary
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Aug 26, 2009 9:08am
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Hi SeekingLight,
I apologise for not replying to this earlier, I hadn't seen it.
Quote:
Originally Posted by SeekingLight
Hi jacko,
I really do find it interesting how you broke down a trend trading principle into very KISS-ified steps and seem to consistently apply it to the market that surrounds us.
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Thank you. (I have also repeated that process for Range trading. When the market started to Range earlier this year we quickly recognised it and started Range trading off Support and Resistance Lines with profitable results)
Quote:
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I for one would be interested in any trade examples / material you feel fit to share after it has lost it's "value" for those that already paid for it and received their benefit in terms of actual trade income.
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From what I understand from reading this, is that you are asking that I post some of the "back issues" of my private blog here for you. The answer to that is No. It is private correspondence between the members of the group and me.
Quote:
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Please, if you did at any point start this thread for actually sharing experience, do continue to do so and let us (now-) "outsiders" passively participate in the occassional trade post-mortem analysis.
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I have shown six months of " live" and "real time" trading with no edits to the posts so I have shared (and continue to share) my trading experience
http://www.forexfactory.com/showpost...36&postcount=3
I opened it all up and showed how my trading took me to over $500,000 in six months
http://www.forexfactory.com/showpost...36&postcount=3
I then outlined my strategy for Trend Trading here on the first page for everyone to see
http://www.forexfactory.com/showthread.php?t=27286
and http://www.forexfactory.com/showpost...50&postcount=4
I also outlined my Anti -Hedge strategy which I formulated which will get any losses back in a very high percentage of times
http://www.forexfactory.com/showpost...62&postcount=5
Finally, I apologise that I don't post here as much as you would like anymore.
However, I am busy with my own trading which is quite large. Also I am busy with mentoring two small groups of serious and committed traders all of whom are serious about trading as a full time business or adding a second income to their main career.
However, I still post here, and more importantly, some members of the group come here and answer the newer traders questions using what the knowledge and experience they have learned. |
Aug 26, 2009 10:14am
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Quote:
Originally Posted by Snr Dinero
That's really odd when that happens, dollar positive news comes out and the price goes the other way! I'm guessing it's the big players double bluffing the retail traders and trading the opposite of the fundamentals.
I'm still short and stop loss at +30 pips. Anybody disagree?
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Hi Snr Dinero,
Buy the rumour...Sell the fact.
We have been short since 1.4340.... > 100+ pips
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Aug 26, 2009 10:48am
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Quote:
Originally Posted by Snr Dinero
Yes, I was a little slow getting started today (still reading the thread) but I'm in just below 1.43 so I'm happy to be making some pips today.
Thanks for your time in creating this thread, since I started trading this method I have had a few nice realisation moments.
I am looking forward to a return to a clearer trend direction whenever that occurs. Would you say a break in one direction or the other is overdue about now? (my guess is upwards but I'm easy either way)
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Hi Snr Dinero
Thank you for your kind words. I am quite proud of this little thread.
As to the return to a clearer trend direction, the fact is that we are traders. When a market changes from Trending to Ranging, we have to be quick to recognise it, and to then capitalise on it by trading it, using the Ranging strategies.
Those strategies are quite simple...Buy on the Support and Sell at the Resistance. (Nothing different from what all the good books tell you to do.)
Also always look at the 50% Fib for the initial target, as it will mostly rebound. The latest 50% Fib on the 4H chart was 1.4048 (on Aug 17) to 1.4375 (on Aug 21) = 1.4211.
Now go and have a look at where the market just bounced.... 1.4213
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Aug 26, 2009 11:24am
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Quote:
Originally Posted by Snr Dinero
I had that drawn on my chart but I saw it on the daily.
Thanks for your help, I think with a bit of practise I should be fine.
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Hi Snr Dinero,
Hmmmm.....Trading off the Daily charts means that you must be using very large Stop Losses.
We moved to the shorter 4H time frames when the volatility exploded a year ago so that we minimised the risk of having our Stop Losses being blown away by the volatility.
However, if you are happy to trade off the Daily, then that is fine...It is just different to what we are doing |
Aug 26, 2009 11:55am
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Quote:
Originally Posted by Snr Dinero
No, I am trading from the 4 hour chart but I look at the daily and weekly charts to check the trend, draw trendlines and look for patterns. I am just getting started.
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Oh...OK..
Did you close your trades on the 50% fib at 1.4211 ??
We all closed out at 1.4210 for 130 pips.
Will go short again later |
Aug 26, 2009 12:27pm
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Quote:
Originally Posted by jacko
Oh...OK..
Did you close your trades on the 50% fib at 1.4211 ??
We all closed out at 1.4210 for 130 pips.
Will go short again later
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I have been asked by a couple of traders in the group to post an unedited copy of my blog today to demonstrate the trade. Below is part of todays blog (All times are NY time or EST)
Also the times are the times of me updating the blog. The SMSes are sent before, and as, each trade is opened and closed. The SMS messages are the same as the messages below.
Quote:
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Edit 8.05am NY time Market is at 1.4270. I am continuing to let my short trade at 1.4340 play itself out. I will probably look to take a profit at the 50% Fib area of around 1.4200 (or just above it at 1.4210).
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Quote:
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Edit 9.35am NY time. The market is dropping nicely. I WILL be closing my Short trade from 1.4340 at 1.4210. We can get back in again later with another short when the market bounces back up.
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Quote:
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Edit 11.27am NY time I have just closed all my Shorts from 1.4340 at 1.4210 for a 130 pip profit
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All the reasons for taking the short at1.4340 and the initial target of the 50% Fib was outlined earlier in the blog
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Aug 26, 2009 11:40pm
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Quote:
Originally Posted by fxpilot
Nice trading on the EURUSD Jacko. Well done.
fxpilot
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A nice and easy 130 pips is always pleasant.
But then again I have only had one losing trade in the last two months, so I am having lots of pleasant moments
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Aug 27, 2009 12:14am
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Quote:
Originally Posted by jacko
A nice and easy 130 pips is always pleasant.
But then again I have only had one losing trade in the last two months, so I am having lots of pleasant moments
.
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Actually I was being a little bit selfish there...
Each of the members of the group are also having lots of the same "pleasant moments"
.
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Aug 27, 2009 7:43am
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Quote:
Originally Posted by madpommie
Hi Wayne
Being part of your group is an honour. This was my best trade ever and your ability to pick the exit point is uncanny.
Whilst I've been with you for nearly a year I spent much of that time thinking that I knew better than you and trying to prove why I could pick better entries and exits. Only after reading Trading in the Zone by Mark Douglas did I stop and review how you'd been doing.
LOL You'd been doing great whilst I'd been losing money.
My only rule now is I must do as my mentor, Wayne Jackson says!! This includes not entering...
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Hi Dave
Thanks for your kind words I appreciate thatyou have ad the "Ah Ha" moment and will now turn your trading around
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Aug 27, 2009 7:53am
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Quote:
Originally Posted by fxpilot
Hi Snr Dinero,
I also sold at 1.4265. 50% Fib level, strong resistance zone (daily pivot point) and second test of the mornings high as you said. Lets see how this works out. Happy trading.
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Hi fxpilot,
If you look at the 4H charts and put your Support line on and your Resistance line on, you will see that you are in no-mans land. You are a long way from the Resisistance line and a long way from the Support line. This price of 1.4265 is a very low probability trade...very close to 50/50.
You might get lucky and have guessed the right way but you have no strong technical positions to back-stop you if you are wrong.
Also, because you are in the middle of the Support and Resistance lines, the market is going to fluctuate between the two and probably take out your stops. (The market may go in your direction ..but not far enough for you to be happy to close it for a small profit.....Then it will go against you and your Stop Loss will be smaller than your Target profit..and you will be Stopped out...even after you have been in a profit situation).
Just trying to help
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Aug 27, 2009 9:17am
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Quote:
Originally Posted by fxpilot
Hi Jacko,
I appreciate your expert advise. I followed your instructions and you are correct. I did look at the 4 hour chart, however, my decision was based on the 1 hour chart. The 4 hour certainly shows a clearer picture now that I have taken a more in-depth look. I am here to learn and this is the type of advise that I need to get to your level of success. I will wait on the sidelines for a better, high probability setup. Thank you.
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Hi fxpilot,
Anything under the 4H chart is "noise"... the smaller the time frame, the "noisier" it gets. What that means is that the rules of technical analysis plays less part in the trading. It is basically random...or put another way, you are gambling on a guess. The opposite expression is that "The longer the times, the stronger the lines"
I suggest that you do not listen to anyone who says that scalping and trading of anything less than 1H is profitable. Those types of traders are invariably aggressive and loud traders because they have usually lost their jobs and have just started trading to try to earn some money and are trying to tell you (and convince themselves) that they are successful.
I will let you in on some good advice. I have a friend who used to be an Executive at one of the large brokerage houses for many years. He has managed large teams of brokers. He has seen the trading results of literally thousands of traders. If a trader was consistently profitable, his staff would get the results and reverse engineer them to see how it worked. That is how him and I met. He now works and trades with me.
He has NEVER seen a scalper last more than 12 months as a fulltime trader. So when I read all the loud and aggressive traders here talk about how they are scalping their way to riches, I just have a quiet laugh with my friend.
Last edited by jacko, Aug 27, 2009 9:46am
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Aug 27, 2009 9:43am
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Quote:
Originally Posted by jacko
Hi fxpilot,
Anything under the 4H chart is "noise"... the smaller the time frame, the "noisier" it gets. What that means is that the rules of technical analysis plays less part in the trading. It is basically random...or put another way, you are gambling on a guess. The opposite expression is that "The longer the times, the stronger the lines"
I suggest that you do not listen to anyone who says that scalping and trading of anything less than 1H is profitable. Those types of traders are invariably aggressive and loud traders because...
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just as a follow on to the above post.....
Have a look around this forum and look at who the long term posters are. They are longer term traders like James16 who has been here 5 years, I have been here for about 3 years, Strat (who was a member of my group ) is another who has been around for a while. Unfortunately some other very good traders from here decided not to put up with the scalper/trolls and quietly went away to do their own thing
Now tell me who the scalpers are that have show ANY evidence of their profitability, either by live trading on an open forum OR by trading with a group who see every trade and can measure the profitability of the scalper/trader.(such as my group or the James16 group)
In the three years I have been here, I haven't seen one.
As I said above, the short term scalpers come here and make a lot of aggressive noise because they have usually lost their day jobs and have just started trading to try to earn some money and are trying to tell you (and convince themselves) that they are successful.
I would welcome ANY scalper to start a live journal trading in real time here on FF and prove me wrong. |
Aug 27, 2009 10:11am
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Quote:
Originally Posted by nAVIN2007
cant tell u how happy that makes me feel hearing this coming from u...
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hi nAVIN,
I am old and been involved in large businesses all my life... And I think that trading forex is the best business on the Planet.
I listed some of the reasons on the first page of this thread http://www.forexfactory.com/showpost...23&postcount=2
But, like in any business, you have to tilt the conditions in your favor. The reason brokers encourage faster and faster trading is because they are tilting the conditions in THEIR favor. The more you tend to scalp trading, the more you are putting yourself at a disadvantage. You are gambling on the guess of where the random noise is going to go. Don't play their game.
Having said that, if you do learn to trade properly, the profits from trading forex are beyond exceptional... |
Aug 27, 2009 11:05pm
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Quote:
Originally Posted by auxesis
If your looking for posters here on FF that post profitable calls, you won't find many if any, but there's plenty of people, in the real world, who trade smaller time frames in conjunction with a larger picture that make a very good living.
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Hi auxesis
Welcome to the thread.
What you seem to be saying is that there are traders who are determining the direction of the market using the larger picture, but using the smaller time frames to to micro manage their entries and exits.
I don't disagree with that at all...but I would be surprised if those traders saw themselves as scalpers. They have based their trade on the larger time frame. Without a strong belief in where the larger picture is pointing, they would not enter the trade.
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Aug 28, 2009 3:37am
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Quote:
Originally Posted by lovejoy80
Price spiked up and closed above 4H trend line...that should mean we now looking for a pullback to that line which should act a support in order to go long?
Or are we careful as the spike yesterday was caused for no fundamental reason just low liquidity, and just ignore the extreme spike and thus looking to go short?
I'm with the former based on pure technical reasons. Price is sitting near the 4H line and horizontal support is just below. Thus long with stop below the 4H and horizontal support line...if it breaks then support broken...
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Hi lovejoy80,
I think you will find that the spike yesterday afternoon NY time was caused by a very successful (well bought) $28 Billion auction of 7 year T-Bills. (Look out, China is back in buying up USD assets again).
And I love your charts...they are exactly identical to mine... Netdania??? (Free, accessible anywhere, easy to use, and saves me opening up my platforms in insecure connections when traveling) |
Aug 28, 2009 5:32am
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Quote:
Originally Posted by lovejoy80
Ahhh, yes that sounds like a more rationale reasoning! Can you explain to us all why that causes a broad sell of off the USD?
I used the dailyfx chart which I presume is Netdania...do not need anything else or any fancy 'pay for our charts we've got 1001 indicators' charting package! I used Oanda to trade and thus use their charts too, but they have 3H not 4H for some reason and you can't zoom out that much...so just use daily fx each time...doesn't take long to load up and draw a few lines on.
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Hi lovejoy80
1. Sale of T-Bills = more US debt = weaker US currency= Euro goes up
2. DailyFX charts / Netdania are the best...I agree, Why does anyone ever pay for charting packages??? They must have more money than me, because there is no way I would pay for them when the free and easily accessible DailyFX /Netdania charts are good enough for me
. |
Nov 15, 2009 8:05pm (2 hr 11 min ago)
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Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
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Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 11 min ago)
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Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
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Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 11 min ago)
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Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
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Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 11 min ago)
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Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
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Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 11 min ago)
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Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
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Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 11 min ago)
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Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
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Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 11 min ago)
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Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
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Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 11 min ago)
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Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
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Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 12 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 13 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 14 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 15 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 16 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 17 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 18 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 19 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 20 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 21 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 22 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 23 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 23 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 23 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 23 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 23 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 23 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 23 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 23 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 23 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 23 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 23 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 24 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 25 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 26 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 27 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 28 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 29 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 30 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 30 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 30 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 30 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 30 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 30 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 30 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 30 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 30 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 30 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 30 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 30 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 30 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 31 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 32 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 33 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 34 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 35 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 36 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 37 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 38 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 39 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 40 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 41 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 42 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 43 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 44 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 45 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 46 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 47 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 48 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 49 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 50 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 51 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 52 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 53 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 54 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 55 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 56 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 57 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 58 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 59 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 59 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 59 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 59 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 59 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 59 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 59 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 59 min ago)
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Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
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Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
Nov 15, 2009 8:05pm (2 hr 59 min ago)
|
|
|
Quote:
Originally Posted by halfstep
A question for all who read this forum, especially jacko.
I am new to forex, and I do not understand why with a bigger transaction per day, forex is not more popular than stocks.
Also the biggest name in investing are always in stocks, is it because in the long run, stocks are more profitable?
|
Hi Halfstep
People are wary of the unknown. Most people know (or think they know) all about stocks. They don't know (initially) what forex is.
Once a person has seen the benefits of Forex over trading stocks, they quicky become more interested in the Forex.
As to stocks being more profitable than Forex, I would state categorically that if you know what you are doing, Forex will destroy the returns on stocks. |
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