I am... short and waiting...

james16 Chart Thread

It's been awhile since you and I talked on the tele... we should again here soon... but yeah, it was ok up to around a couple of months ago... now I'm in a nice DD... didn't have a good month last month, but I'm confident I'll still have a good ...

james16 Chart Thread

Definitely not. If anything, those inside bars help your pin... they show you indecision after all those orders got knocked out at support (hence the pin)... now price is just sitting there having no idea what to do, and the probability lies ...

james16 Chart Thread

The way things have been lately, that'll stop right at 5750.. which means the R:R on that trade is crazy horrible...

james16 Chart Thread

You summed it up nicely my friend.

james16 Chart Thread

You've misunderstood. Making good signals and making good trades are synonymous. You are thinking that signal providers are inherently bad. But they aren't. The reason why there are bad signal providers is because they don't know how to trade, so ...

Steviet's Live Trades!

Just one of those months. It's all about the grand scheme of things. Just have to execute with the plan and everything else will fall in line. What's rough is that when you are profitable, and you are offering a service (in Steve's case, managed ...

Steviet's Live Trades!

So you're right around 8% red this month. Well if it makes you feel any better, I'm at 10-11% red this month. My worst month so far. The markets are crappy right now for traders, at least for swing traders like myself... but it'll change. Always ...

Steviet's Live Trades!

It really is that simple. I am now mentoring a new guy... and he asked me the other day after I basically said the same thing to him: Him: "Is it really that simple?" Me: "Yep." He just kinda looked at me and I could tell he understood the ...

Steviet's Live Trades!

I'm down around 7%... now I don't feel so bad. I was talking to an old mentor of mine today that the last few months have been rough... real choppy... rangy, crappy... He just laughed and said, "Oh yeah, 200 pips up, 200 pips, down... yeah, real ...

Steviet's Live Trades!

thanks bro...

Steviet's Live Trades!

Don't worry too much about a month or two. I had five months of in the black... last month was a .5% loss and this month may be another small loser. So I feel ya. I decided to start doing signals on Collective2...heck if I'm gonna trade anyway, ...

Steviet's Live Trades!

Sheesh. You start making money and you forget about your fellow traders on IM. I see how it is... Glad to see you're doing well. I still hope to get out to London to see you... Keep up the good work...

Steviet's Live Trades!

I agree with you. Depending on how long a person has been managing someone's money, if you are starting out, you can think of doing 15-18% with no maintenance fee. It puts a person ahead of the pack and helps build clientele and along with that, a ...

Managing Money - Fee structure and mechanics

I couldn't agree more there. I just got so sick and tired of having to deal with rollover on my swings... I said forget it. Heck, if you can't make money at futures, you're not going to on forex neither... so you might as well trade forex...

No Free Lunch but all the Free Coffee you can drink

Exactly. I'm working on getting my Series 3 soon, and my research has really indicated that yes, you don't need one as a Forex-only money manager, but you really should get it because it will a) increase the legitimacy of your business and... b) the ...

Info on starting to managed account

You say that as though that's a bad thing. I run a service through them, and while I hate having to give 30% of my profit to them, there's also something to be said about Matt doing all the work for me -- the billing, the chargebacks, etc, etc... ...

Info on starting to managed account

I see this thread is still going strong... how is everyone doing? It's been awhile...

james16 Chart Thread

Low liquidity... not much movement... US may move a bit... but other than that... might as well enjoy the day outside... Other than the US session, expect 10 pips on G/J... EURUSD probably 2 pips... etc...

Liquidity On "Good Friday" 3/21

I still don't understand why people trade with these guys. Oanda is the best retail FX broker in the business... the best overall brokers are InteractiveBrokers and EFX...

Interbank FX Provides Access to Multiple Bank Liquidity Partners