I agree... —

Reality check - do small FX accounts inevitably stay small?

about March... — Five months ago when Oanda's spread would change to 1.2 or higher, I usually wouldn't trade at all. That was my signal that liquidity was "drying up" or volatility was increasing, etc. Many of my best (profitable) months, I ...

Profitable Scalping for the Retail Trader

I made a post in another system thread... — I've spent much time reading everything on this great forum of ours about scalping and short time frame trading. Honestly, I didn't learn much about what DOES work, but I have learned a lot about ...

Profitable Scalping for the Retail Trader

Oanda Feb Statement, and Oanda/Myfxbook.com — I thought I solved all the problems concerning using Myfxbook.com with finally succumbing to using MT4 to update my trade history. I was wrong. MT4 on Oanda's servers automatically repopulates the ...

Profitable Scalping for the Retail Trader

Trade from today... — Before this entry, the Dow and S&P futures had turned negative from being positive all morning. EUR/USD had retreated some, but there was a buyer (or were buyers)... The S&P futures were down some 5-6 points from their ...

Profitable Scalping for the Retail Trader

Great Ideas! — Latest additions to my game plan- Firm daily-stop loss. Patience...wait for that amazing price when your risk is minuscule.. Voice Trader IND This could be HUGE! The demand and popularity could be astronomical. There are a lot ...

Discipline Trader and Voice Trader EA/IND

Checking it out... — I'm taking a look right now, Ipndasno. Your Myfxbook.com results across different accounts look great upon initial inspection! Give me a little time, I'll comment on your thread. Watching the markets right now also.

Profitable Scalping for the Retail Trader

Thank you so much... — Yeah, I feel like I've been forced to use MetaTrader 4 (at least to track my stats). I've always been skeptical as they were the producers of the Virtual Dealer Plug-In and one of their 'main' .exe files is identified as ...

Profitable Scalping for the Retail Trader

My March Madness... — My March Madness…. Twenty-three trading days are available in March. I’ve worked on my patience during February, and have almost completely recovered from my surgery in January. (I was hospitalized for almost two weeks, ...

Profitable Scalping for the Retail Trader

February results... — It's March 1st 8:00am EST and I still cannot view Oanda's Beta Account statement for February. It would have winning trade % and other things I don't keep track of manually. I'm still angry with them for disrupting the ...

Profitable Scalping for the Retail Trader

Wow! — Nice work Rooicol! Thanks for taking the time to do that... I didn't even know that was possible. I'm 'digesting' those stats right now. Very interesting.

Profitable Scalping for the Retail Trader

One more day in February... — We have one more trading day in February. I've mostly recovered from my January draw down. On January 5th, I had a large net loss mostly because I was very excited to see a 0.9 pip spread. It was the first time ...

Profitable Scalping for the Retail Trader

I think you are correct... — I think you are right on both of these points. I've read some posts in Oanda's forums that support your theories. I've been "bashing" Oanda about the API fix and high spreads in those forums... ... but it looks as ...

Profitable Scalping for the Retail Trader

I've always touted the superiority of Oanda... — Until recently.... From Myfxbook.com- "Guys, we’ve been waiting patiently for about a year now to receive an API from Oanda which will allow us to solve the expiring connection issue and remove ...

Oanda to stop working on myfxbook from 31 January 2011

Well.... — You haven't mentioned Take Profit levels. If you take the 1st trade at 20% of regular lot size, and it doesn't move against you.... there would be no averaging. So it reaches your profit target (whatever that may be)... You now have ...

is Averaging Down Profitable?

Oanda and MT4 — MetaTrader 4 went Live (for real accounts ) with Oanda yesterday. This potentially solves the Myfxbook.com compatibility problem, BUT... You have to open a new sub-account to get MT4 compatibility. They haven't (so far) figured ...

Profitable Scalping for the Retail Trader

My Crazy January.... — (Short version) 12 day hospital stay with surgery I come home to a semi-flooded apartment (leaking water heater). Stay with parents for a week to recover and organize apartment move. Finally, get internet/phone ...

Profitable Scalping for the Retail Trader

Myfxbook.com — I have always kept my stats public. Anyone is free to see all of my mistakes and blunders. You can see all of my Oanda trading for 2010. (I also have a small account at MB Trading, which I seldom use) url This year has been a ...

Profitable Scalping for the Retail Trader

A positive note on Oanda... — Reading these notes above... about exiting orders in times of "crisis"... I guess all that I can offer is use Stop-Losses. Every and any broker I have used has system problems at some time or another. I've traded ...

OANDA Discussion

Capital Gains.... — Stocks, Futures, Forex... Capital gains are capital gains....once you close a trade and it makes a profit, you have a tax liability. (losses offsetting) If you invest... purchase and don't sell.... then you don't owe any ...

Taxes & Forex