Why are so many people trying to time the bottom? There is only a small amount of time when something bottoms out. But if you follow the trend, the odds are in your favor. EUR/USD is going up. I love this kind of price action. It's easy money for me.

EURUSD

looks like it's gonna go down again. I'm staying out of this. Enjoy the bloodbath. I hope no one is trying to catch the bottom of this. i think Sunday night or Monday morning will be a better buying opportunity. Doesn't matter to me anyway. I don't ...

AUD/USD

High leverage is lethal. You might think that you're only putting in a small amount $100 or so. So, what's the harm, right? Worst case, you lose $100. And best case, you make a few million and retire. WRONG! It messes up your psychology. Never ever ...

High leverage trading - is it dangerous?

Don't ever trade futures with Interactive Brokers. Their mark to market rules are terrible. Basically, if you trade something that is illiquid or suddenly the spreads widen, they will mark your position to the bid or ask, even if it is too low/high. ...

Best broker for United States residents

Everyone who trades has some nice sounding reasons why they like the occupation. For the most part, it's BS. The reason so many people like it is the same reason why so many people like to go to Vegas and put money into poker and slot machines. A ...

Gifted Traders?

I look at all timeframes. 4H to figure out general trend and 15min-1 hour for entry.

What time frame do you trade and why?