"Like everyone else you want to learn the way to win, but never to accept the way to lose — to accept defeat. To learn to lose is to be liberated from it. So when tomorrow comes you must free your ambitious mind and learn the art of losing". (The ...

EURUSD

"you're a great marketer John" THAT says it all. Many people use trading as just a product to sell to make money. If trading was made illegal tomorrow these same people would set up shop the following day using the same tactics but with a different ...

Jason Stapleton is no more?!

Tom, one of the first rules of successful trading is to take responsibility for what you're doing. Message boards are NOT the place to ask should I stay or should I get out etc? The correlation data is all out there for anyone to find, it's not ...

anyone need help?

They will both move, that's the only thing you can say with 100% probability. Sorry to be flippant

anyone need help?

Markets move because people/traders are forced to do something whether that be take profits, losses or put a new position on. No traders can only mean no movement! So trading in reality is always about the other traders. My advice is simple, try to ...

anyone need help?

if that's how you define action junky then yes, I agree with you, he was far from an action junky. The problem appears that we define it differently therefore we are both right in our own views but wrong in the case of our opposing views. Nice ...

Most valuauable books for understanding the logic of markets?

I'll pick my post thanks. Your logic is illogical. Why would a fundamental analyst/trader ditch their method of analysis from what was a big market shock? Surely they know that these shocks happen all the time in the markets. No doubt a few ...

Technicals Vs. Fundamentals?

EVERYTHING characterises him as an action junky. For example, only an action junky would trade the size he put on in regards to his overall account. Only an action junky would say something like 'when you're right you can never be too large' (or ...

Most valuauable books for understanding the logic of markets?

Some did for sure, but most didn't and whether they did or didn't I doubt they've ditched their fundamental analysis. And for the ones that did lose big, they a) only have themselves to blame, and b) they deserved to go out of business as they were ...

Technicals Vs. Fundamentals?

I've been reading some of your posts At, and you seem to love to put down the average poster here on FF, giving the impression you're a lot better than them. Perhaps, perhaps not. Whatever the case it's an unattractive and pompous trait. There is ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

It was the fact that he was an action junky that made it so hard for him to keep his money, if not impossible. In those days you were trading stocks with a 1/4 or more bid-offer spread alongside very high FIXED commissions, nobody was allowed to ...

Most valuauable books for understanding the logic of markets?

Why would a fundamental analyst, or trader who trades from the fundamentals ditch their style of analysis after the Swiss event? A) Any fundamental analyst/trader who knows what they're talking about knew that the Swiss peg was a disaster waiting to ...

Technicals Vs. Fundamentals?

Eh? Since when have short term/intraday traders worried about trading against a large macroeconomic bull trend? Do those big trends ever have retracements? Yes, and lots of them on every timeframe, including the weekly and monthly. Plenty of cash to ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Atokys, not really, I'm relying mainly on Victor Niederhoffer's analysis of the man and his methods. Apart from his obvious failings in risk management, Niederhoffer is not only a brilliant trader but a brilliant man in many other things, one where ...

Most valuauable books for understanding the logic of markets?

Yep, but the 0.28 tick is what you pay for direct market access. Whereas with all the others you're against the market makers price and many of them will widen if the underlying Dax spread goes out. Right now for example, FXCMs spread has been ...

IG,LCG offer DAX CFD 1 PIP spread better than future raw feed

Good one Geng

anyone need help?

If we told you then that would 'appear in this Forum' so we'd all be wasting your time. And how does anyone know what you 'already know'.

anyone need help?

Almost everyone offers DAX/Dow/FTSE etc at 1 point spread these days. Trade it with FXCM at £0.08 a tick, it's a great way to get some action/training without risking much. For Dax, most things actually (apart from cash FX which they used to offer) ...

IG,LCG offer DAX CFD 1 PIP spread better than future raw feed

Jenn, do the exercises I posted a few pages back. Do 50-100 charts, different markets, different timeframes. What happens before the big moves in any market? What happens after a big move? Certain patterns tend to setup in this game time and time ...

anyone need help?

Not a black swan event because when you have a currency peg it's just a matter of time before it fails (or the plug is pulled in the case of the Swiss). Anyone who was trading that currency from the long side who thought they could put their stop at ...

Trading is Extremly hard!