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- turtleup replied Mar 30, 2015
A trader should NEVER have all of their liquid capital in 1 account. I've learned to have reserves and I cut my account down periodically to maintain what I think is a good trading balance (40K for FX). Everything goes into reserves just in case I ...
- turtleup replied Mar 30, 2015
Thanks for the reply and you are correct. My comment was based around my belief that scalping and super short term trading is a very, very difficult endeavor and I've yet to meet a successful trader (online/retail) who trades off these short time ...
- turtleup replied Mar 30, 2015
LOL. I totally agree that spot FX trading is playing with fire. The only way to completely eliminate the risk of the SNB like black swan events is to not trade spot FX. I would recommend Currency futures options where you can actually completely ...
- turtleup replied Mar 30, 2015
First of all, I agree with everyone else that Babypips.com is a great place to start. However, I totally disagree with not paying for good services. It is exactly like the gym and losing weight. They have free places to exercise. Hell, the road is ...
- turtleup replied Mar 30, 2015
Getting rich in trading has almost nothing to do with your entry points. It has everything to do with exit points, position sizing and position management. Read the FXCM study they did 4 years ago. ...
- turtleup replied Mar 30, 2015
I've found that worrying about that "black swan" event has cost me much more money than it saved me by keeping me out of good positions because of the fear of slippage. Slippage is part of the business and is not something that can really be planned ...
- turtleup replied Mar 30, 2015
Reading through these posts are humorous to me. You have the people who didn't join the company "advising" you to do this on your own, save your money, etc. I love how they make it seem so easy. Just buy a few books and trade demo for a while. haha. ...
- turtleup replied Mar 30, 2015
Seems like typical legal jargon. I'm sure you'll see the same language in the fine print for anything you buy online.
- turtleup replied Mar 30, 2015
Well. Let's first define what "easy" means. In my opinion, what you are trading (stock, fx, futures, etc.) is totally irrelevant since everything has a price and it goes up or down based on supply/demand. So, we need to talk about what makes a ...
- turtleup replied Mar 30, 2015
Well Done! I will definitely check this out as I think strength/weakness analysis is the keystone to being profitable in trading FX
- turtleup replied Mar 30, 2015
Here's my opinion about Fundamentals vs. Technicals Fundamentals tell you what should happen Technicals tell you what did happen So, in my opinion Fundamentals are completely worthless in trading where technical analysis is completely worthless in ...
- turtleup replied Mar 30, 2015
OK. First off, I am a huge IB fan as it has been the best overall broker I have tried. But, specifically to FX I get the best execution during news announcements than anywhere else. Yes, their trading platform is very clunky and I definitely ...
- turtleup replied Mar 30, 2015
Outlook for GBPJPY over the short term is a mild bounce to the 178.50 area over the next 3 days. However, overall trend is still down but we will need to spend some time in the 176-178.50 area for the next leg down. I expect to see about 2 weeks of ...
- turtleup replied Oct 14, 2011
Great Walkthrough on the download Forexsaint. Thanks for the help
- Posts by Member Search: 'turtleup'