I voted $500 or less... — I think it is. I would love to have a Bank/PB setup, but I honestly don't have that kind of risk capital. That 0.9 pip spread can be really inexpensive in the right kind of volatility. I have believed retail forex to ...

Do you prefer scalping instead of long term? if yes with how much you want to start?

Just for clarification... — "Withholding taxes will be calculated on the amount of interest you receive on the balance of your account. This amount will be deducted at the end of the day." - from Oanda's FAQ You are discussing withholding ...

Tax issue for non us citizens

Take a look here... — url

Are 48% of oandas accounts profitable?

Read Craig's post again... and again. — It seems as if Craig has described your situation very accurately, re-read your own first paragraph. I'm embarrassed to say that I have given you poor advice (above) if you do not have a tested system or ...

Help! Finding emotional aspects of trading very hard!

Another perspective... — This is a good post by Dopey in another thread... The making of rational forex traders - url Demo-ing for a year is an honorable accomplishment. I commend you for your restraint. As you say, "you're an emotional ...

Help! Finding emotional aspects of trading very hard!

Important consideration... — This is a new article that just appeared Nov. 19th. Oanda's high profitability numbers explained - include interest url "OANDA is the only broker, that I know of, that pays interest on accounts. OANDA’s numbers ...

Are 48% of oandas accounts profitable?

Well... — Looking at your statement of trades, I can't figure out what happened. I did learn that hedged positions have no margin requirement at GoMarkets. That was from this post- url I suggest you contact them through private message and ...

Margin - How is it calculated?

Individual positions... — (edited: I may be incorrect, anyone care to elaborate?) Individual positions require the maintenance margin, even though they are offsetting. In your mind, you are hedged.... but you still must have the money to place ...

Margin - How is it calculated?

Thanks for the compliments... — Every day is a different battle, I'm still fighting for every pip. Sometimes I just wait for price to get to a certain level, often 30-40 minutes, and then scalp it for only 2 pips. That level on your ...

Profitable Scalping for the Retail Trader

Your math is right... — Your math is right... the leverage helps if you aren't scalping just one currency pair. The extra leverage helps if you: diversify among different pairs ( at 1% or 2% risk per trade) grid trade scale in-out with ...

Politics of a US FX trader

Ouch... — Reduce your account even more, like to perhaps 2,000 pounds. Even if you have traded other markets successfully (equities, futures, options), Forex has nuances that take time to learn. (similar to what you've experienced with news) ...

EURUSD

I think... — (For T@rantula and readers following the thread) I think bbmac was referring to my earlier post. I have to agree with some of the previous posts in that the No Brainer Trades thread is quite good. I wish I had found it earlier. ...

Questions for those who trade with S/R lines

Beautiful... — Please feel free to post whatever you like. Looks like a great short off the central pivot point, after it had already shown some resistance, about 10-11 min before. Exactly the stuff I look for! Nice scalp!

Profitable Scalping for the Retail Trader

Last examples for now... — last 3...

Profitable Scalping for the Retail Trader

A few more... — More chart examples...

Profitable Scalping for the Retail Trader

More basic entry ideas... — More chart examples...

Profitable Scalping for the Retail Trader

Thanks... — Thanks for taking the time to check out the thread. I created that .pdf to avoid posting a lot of charts, but I probably created a corrupt file or something. I'll post some here. These are what are in the .pdf Keep in mind, there ...

Profitable Scalping for the Retail Trader

The Loss... — The loss is real, whether you close it or offset it. If your trading entries and position are determined by your P/L, you might as well martingale.

"Hedging" Revisited

...Thought I'd drop by your journal... — Your Theory, Entry, Exit and Money Management look very solid! Looking forward to examples when you have time. Good Luck!

journey to become "THE Professional"

For me... — I generally do not wait for "confirmation", as I have decided ahead of time what my entry point will be. I do sit with my finger on "the button" ready to close if I do not get the reaction that I expect. I do not use trendlines any ...

Questions for those who trade with S/R lines