Brilliant stuff! Thanks for sharing that.

Stating The Obvious and The Quest For Wisdom

Any thread started by me. Hell, I have myself on Ignore.

Threads I Avoid

One of the best things I've read about trading is... Most people don't outlast the learning curve. It's much longer than they think. I don't remember who said it, but it's a gem.

What is the key to sucessful FOREX trading?

There you go, it's posted here for free, so it's worth reading. I've never traded his method, but his understanding and approach in using fibs is as good, if not better, than anything else I've ever seen.

Can you suggest a good book?

Yep, that's the one. I know for some it's a lot of money, but it's well worth it.

Can you suggest a good book?

After all these years, Joe DiNapoli still does fibs better than anyone else putting out books on the subject.

Can you suggest a good book?

This thread speaks volumes, and it's not just what he wrote, either.

Day by Day

One of the most important things to learn about trading is to stay the f@#$ out of conversations about it, unless that person does basically the same thing you do, ie trade FX, and even then approach it carefully. It's all mental masturbation and ...

Got into a discussion with someone, he says forex is inherently a losing game

Here you go. url

Weekend Practice?

Oanda.

Any broker provide 2 pips spread on GBP/USD most of the time?

Imo, Sam Seiden does one of the best jobs describing S/R.

Price reaction to support and resistance

This is simple. Download a few different MT4s, all from different brokers. Then look at the times you were spiked out. If they exist on these charts as well as your broker's, then you're guilty of having a stop poorly placed. If you see that the ...

Stop losses being spiked

This post has to be some kind of record.

Fanning all the way

I tried to write a thoughtful answer. It's too hard for some reason for me to clearly articulate my beliefs about this. The one phrase that is stuck in my head is, You have to let go of your attachment to all of it. Only then does it become possible ...

Cant find a substantial edge!

Imo, the hardest thing to do in trading is to see the market. This is, imo, one of the best posts on FF. url People like to argue for their points of views about the markets and how to trade them. Most of them are probably right to one degree or ...

Cant find a substantial edge!

There is a lot of money to be made in ranging markets. You need to learn how to trade ranges as well as trends. It can be as simple as only selling the range when the overall trend is down. There's no need to play both sides. You just close when you ...

Cant find a substantial edge!

This needs to be bumped. Topher's post is one of the few things I've printed out and read on a regular basis, even after all this time. It helps me keep things in perspective because I can let things get out of control if I don't have constant ...

My thoughts

One thing you must keep in mind is that there really isn't a one size fits all solution to this. Markets range and trend, that we know. Each scenario needs a different type of take profit mechanism to maximize profitability. You could use one and ...

Managing a (winning) position.

I'd be a bit worried about you if I were your advisor. You should be discussing these issues with your peers and advisor. We're traders here, not academics (well ok, maybe some of us are, but still...).

Currency is my thesis in my masters