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Forexia replied Aug 22, 2010Just make sure your loss is not too miuch. It does not matter how often you lose or how many accounts you blow, as long as you still have enough funds left over, you still have a fighting chance. It's like Indiana Jones, as long as he has one more ...
how long does it takes to become a successful trader?
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Forexia replied Aug 22, 2010One way to counter that is not to put in a stop-loss or pending limit orders but monitor the market closely. Stop-loss orders are market order anyway so as soon as you see the price hit your stop-loss level or your pending order price, pull the ...
If you make money, does Oanda make money?
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Forexia replied Aug 22, 2010MM's like Oanda are really traders just like you and me, only they are much much bigger in terms of account size and trade size. Just like casinos, they are really players like us only they are bigger. They act as intermediate traders and trade with ...
If you make money, does Oanda make money?
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Forexia replied Aug 22, 2010Follow fundies is good if you have deep pockets to withstand the whipsaws. For us, it's techies ftw.
Trading in Summer Months
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Forexia replied Aug 22, 2010The only thing that I have against using shorter timeframes is that they give so little pips. I tried switching to shorter time frames, but I saw a move only gives like $80 profit on a standard lot. If you trade with a broker that charges you ...
Trading in Summer Months
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Forexia replied Aug 22, 2010True. The only thing you can inquire is which markets are "relatively more trending" than others on an overall level. From what I have seen so far, it tends to be the more actively traded ones, EUR/USD, GBP/USD, USD/JPY and USD/CAD. But then again, ...
Best trending markets?
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Forexia replied Aug 22, 2010Ok. Good to know because HotSpot FX used to be a retail Forex broker to traders like you and me. I know because I applied to them and got accepted once. They had a really good trading platform complete with sophisticated order entering system and ...
Dukascopy
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Forexia replied Aug 22, 2010Good to know! I won't feel too guilty for taking an extended X-Mas/New Year holiday this year then! Thanks for the info!

Trading in Summer Months
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Forexia replied Aug 21, 2010Sorry to be off-topic a little bit but didn't HotSpot FX sold their retail Forex broker business? I can't remember to whom but I was under the impression that HotSpot FX is no longer offering ECN Forex brokerage services to individual Retail Forex ...
Dukascopy
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Forexia replied Aug 20, 2010Has anyone here actually traded with Dukascopy? Would be interested to know what's your experience truly like? They are supposed to be an ECN broker. Are they really ECN? Are they really regulated?
Dukascopy
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Forexia replied Aug 20, 2010I would like to know more about Dukascopy. I have read polar-opposite opinions and reviews about Dukascopy. On some broker review sites, Dukascopy has been rated as one of the best ECN broker out there, although it is preferred that you trade higher ...
Dukascopy
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Forexia replied Aug 20, 2010True. It's so hard to trade the news. I have noticed the tight range before the news and it's so hard to take advantage of it. With the range so tight, the pips are low and you never know when the range is going to break. And then the trend ...
Trading in Summer Months
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Forexia replied Aug 20, 2010Today is Friday. There is no Asian trading tonight. I am a chartist. I don't speculate about future currency movement. I react. TGIF! Have a nice weekend!
AUD/USD
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Forexia replied Aug 19, 2010I do focus on price action but with an awareness of fundamental developments as I find, fundamental factors do dictate an overall direction of where a currency pair is going. But for market entry, you need technical signals, I find. But price action ...
Trading in Summer Months
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Forexia replied Aug 19, 2010There is a "Winter Month" slow trading too? Geez, when can you trade Forex? Spring and Fall and that's it? Thanks for the advise everyone. Really helps
Trading in Summer Months