This thread is hilarious and definitely made me laugh. That said, to the OP, I can understand why you have given up on TA. It's pretty darn hard, but it doesn't mean it doesn't work just because you don't understand it. It's not like conventional ...

There is no such thing as technical analysis

It depends on what your strategy tells you to do. That's why you should journal your trades so you can determine how to handle the situation. There's no right or wrong way to go about it. The fact is that some will eventually break past resistance ...

Is it better to close when price reaches resistance level?

IMO, just because someone can see your entries and exits, does not mean they can follow your strategy. All they see is your orders. They have no idea what you are doing to execute them. That being said, even if they did, it would not matter. There ...

How does privacy work in online brokers?

Please PM me as well if you would, along with your broker of choice. I am considering going offshore for the same reasons as well.

OANDA Discussion

You can also try stockcharts.com. Freestockcharts still works, but you have to use internet explorer with MS Silverlight installed. That's the only browser it seems to work on. If you have windows 10, you still have internet explorer, just search ...

Anywhere I can get free stock charts where I can quickly flick

This and pretty much any other candlestick reversal pattern. Remember, that you must always use them in context of the price action though. Don't just blindly memorize candlestick patterns or you will be disappointed.

determine overbought/oversold by candlesticks

I only use demo accounts to learn to use a new trading platform. That is it. I don't believe in paper trading. I would prefer to use a small real account as opposed to demo. I prefer to experience real situations and emotions as early as possible.

What is the demo account for you?

Well, theoretically, you don't have to deposit more money with your broker to increase your account size. For example, if you wanted to trade a $1000 account, you could still risk 1% per trade without depositing more cash with the broker. Just set ...

Question about account size

Interesting, but I wouldn't do it personally. It is not martingale per se, but I wouldn't say it is sound risk management either. It carries similar risk to martingale.

Moving Average Cross Over, Position Sizing

Yeah this seems to be the cause for the difference. Also, there is no better moving average. They all work better at some points than at other points. Depends on what you prefer. There is no magical indicator.

How reliable are moving averages?

I think your statement is only partially true. Trading style plays a large role in how stressful forex trading is. I not now sure what time frames you trade, but daytrading lower timeframes is a lot more stressful that trading higher time frames. ...

Is Forex stressful?

Contrary to a lot of opinions here, there is nothing wrong with using indicators. Use whatever appeals to you. At the end of the day, you must choose tools that are compatible with your personality. Indicators work and so does price action. ...

I want to study indicators in detail

In my opinion, neither. Indicators vs. pure price action are just two different styles of trading. Both can be mastered and used effectively. I don't buy into one being better than the other. Both have strengths and weakness and as long as you are ...

Do Indicators Help or Hinder?

I had no idea such a thing existed. Thanks for the enlightenment on that.

Are you afraid of slippage when choosing a broker?

Okay I see. Yes in that case it would negatively affect you. Especially if you are going for a small amount of pips per trade like scalping etc. Which broker was this so that we can all avoid it?

Are you afraid of slippage when choosing a broker?

That's true, but here's the thing. It's going to happen from time to time. When you get a sharp news move in your favor, it would more than make up for a bit of slippage when it goes against you. If you are consistently risking no more than 1-2% of ...

Are you afraid of slippage when choosing a broker?

I somewhat disagree. I don't look at the economic calendar at all. I found that often times price had moved in my favor during the news. I trade lower time frames but keep a relatively tight stop

Are you afraid of slippage when choosing a broker?

I'm a day trader. I was always curious about scalping but it seemed to me like it would it is the most difficult method of trading. Like what kind of risk to reward ratio do you use as a scalper and how much do you pay in spread and commissions? It ...

What kind of trader, you are?

It wasn't really specified whether it was on a single trade, in a single day or overall. So I will give all three. In a single trade I would say about $300. I'm a single day, about $1000. Overall I would say I guess about $5000 at least.

how much was your biggest loss in forex?

Apparently, so...Smh.

FXCM Discussion