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Mingary replied May 23, 2014that is basically what I do... I thought I was the only one (:
Order flow trading thread
- Mingary commented May 19, 2014
It's good to know there are arrogant twats in the world.
Wolf of Wall Street Belfort Is Aiming for $100 Million Pay
- Mingary commented May 19, 2014
News from the herd at its best....
Get Ready To Sell EUR/USD: A Macro-Technical Trade - Morgan Stanley
- Mingary replied May 18, 2014
... whatever the strategy, if it's obvious; it's obviously wrong. Therefore do the hard thing.
What is your preferred moment to enter a trade?
- Mingary replied May 17, 2014
Not possible. This "many small losses and frustration" is the curse on those buying high and selling low. The market feeds on "break-out" traders.
Avoiding trading in a sideways range
- Mingary replied May 16, 2014
There is no spread small enough that can save you from a bad trade.
If there was no spread, how profitable would you be?
- Mingary commented May 16, 2014
Yes, they bear the risk so that the producers don't have to. What's interesting is that a trader benefits society when he loses, because on the other side of the trade is a producer -- the real contributor to society. Works like this: Prices are ...
Becoming an Emotionally Intelligent Trader
- Mingary commented May 16, 2014
All very good, except that trading can never be, will never be "a business" in the normal sense of the word. A business produces goods and / or services. Trading produces money based on risk. Therefore it is the business of gambling, perhaps a step ...
Becoming an Emotionally Intelligent Trader
- Mingary replied May 16, 2014
... I agree with you here. It seems the goal of some is to make the majority believe that it's actually the opposite. Hence the amount of crap around everything forex. If P.T. Barnum were alive today, he would be in Forex. No where else is true ...
Is Forex reliable?
- Mingary replied May 16, 2014
Thanks. You illustrate my statement perfectly. Give me an example of "any form of good news" that relates to trading the forex. I will be happy to deconstruct and sanitize..
Is Forex reliable?
- Mingary replied May 16, 2014
Don't believe anyone who has anything to say about trading the forex - be it good or bad. and never, ever give anyone or any company any money for any forex related products or services.
Is Forex reliable?
- Mingary replied May 16, 2014
Similar but not the same at all.. It only looks that way. How do you explain with ATR that 10 ticks can make the price move 20 pips or 100 ticks can make the price move only 5 pips ... ?
Order flow trading thread
- Mingary replied May 16, 2014
If retail traders don't lose, then there would be no one left to win.. All jokes aside. 1) if retail has a profit, they take it (quickly), therefore when they win they are not in the market 2) if retail has a loss, they keep it (until MC), therefore ...
Why are retail traders frequently trapped by the markets?
- Mingary commented May 16, 2014
The fleecing of the herd. It should go up from here... the many who bought the top and lost are now reversing for another loss...
EUR/USD Bears Get The All Clear; Time To Sell A Bounce
- Mingary replied May 16, 2014
.. so did I, any way price/volume can be cooked, I did it. One of the thing of value that I found is the "churn". for example: when the ticks start "spinning" on the same quote just below a trend line that can be meaningful. high churn at 103.27 ...
Order flow trading thread
- Mingary replied May 16, 2014
VSA as it is, is just a commercial enterprise, made out to be extremely complex so that customers would feel like they are getting their money's worth.
Order flow trading thread