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Mingary replied Nov 2, 2012No happy ending here. The next logical step is that you will liquidate at the very bottom. Will you survive? That is the nature of the game, and this may also be your first and not the last nightmare that will need to wake up from if you want to ...
EURUSD
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Mingary replied Nov 2, 2012On the contrary. Best to trade with money you cannot afford to lose. If you don't need the money, you will lose it. because... after all, you don't need it !
Take a Loan to Trade?
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Mingary commented Nov 2, 2012Like most traders they don't have a clue. Eventually they lose huge amounts. Let them play...
'I totally f***** with the Palo market today': Damning emails of Barclays traders
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Mingary commented Nov 2, 2012Perfect timing in the mass mind. The euro is about to plunge.
Don't cry for me, François
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Mingary replied Nov 1, 2012Now that this is taken care of. We should move down to: Proof That Reasonable Profitable Trading Is Indeed Possible Then we can witness the same end result. and then move down to: I am happy I kept my day job.
Proof That Ultra Profitable Trading Is Indeed Possible
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Mingary commented Oct 31, 2012Worth repeating. France = Ineptocracy: a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and ...
Francois Hollande pushes for 160pc rise in beer taxes
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Mingary commented Oct 30, 2012forex-fx-4x.com = muppets say buy. Therefore time to sell
EURUSD Price Action Rejection From Recent Support Lows
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Mingary replied Oct 30, 2012True. and also no stops = fail oh my oh my what's a poor forex trader to do.
The reason why 95% of new traders consistantly lose money
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Mingary replied Oct 28, 2012The law of attraction. I know of it. It's not all bad... but for another discussion. What I wanted to point out is that a book like "The Secret" has been written exculsively as a marketing ploy to snare the gullible. For example leading to this gem: ...
Simple Money Making Method
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Mingary replied Oct 28, 2012"The Secret" is a Scam The so called "Secret" is a MLM (Multi Level Marketing... spin off of the good old pyramid marketing, aka illegal, immoral, nasty business). Positive / Affirmative thinking, yes... excellent, it's good to have good thoughts. ...
Simple Money Making Method
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Mingary replied Oct 28, 2012To be of benefit to a society in a free market economy speculators MUST LOSE. 90 % of traders are doing their job to help the economy -- they facilitate "price discovery" for the benefit of the producers. If you are NOT losing, you are not doing ...
Survey: Why 90% trader's failed?
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Mingary replied Oct 27, 2012Spot liquidity = futures liquidity ? 300K contract = 37 billion face value spot is supposed to be 1.5 trillion Something does not add up...
Forex Market Liquidity
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Mingary replied Oct 27, 2012Yes, "more liquidity in corn futures than forex" is a good way to put it. Here is the thing. The trillions traded are from commercial deals world wide and are closed deals that do not add any liquidity. If you were to open an account with your ...
Forex Market Liquidity
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Mingary replied Oct 26, 2012The trend is NOT your friend.
Simple Forex CobraSystem Thoughts Please?
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Mingary replied Oct 25, 2012Why waste time with a google search. All the bullshit you will ever need is at Forex Factory.
The reason why 95% of new traders consistantly lose money
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Mingary replied Oct 25, 2012Why should an open loss be any different than an open profit? once you have both in your account do all you can to minimize the open loss and do all you can to maximize the open profit.
The reason why 95% of new traders consistantly lose money
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Mingary commented Oct 25, 2012Average account size: $1,000.00 Average time expectancy to total wipeout: 3 months so: 20,000 X 1,000.00 = 20,000,000 revenue to FXCM for the quarter. and that is how they can keep the lights on... (:
FXCM US Exceeded 20,000 Active Forex Trading Accounts In Q3
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Mingary replied Oct 25, 2012The post you refer to is 100% correct. The liquidity available for trading in the forex is extremely small.
Forex Market Liquidity
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Mingary commented Oct 24, 2012Wait for report from muppet press. Take other side of recommendation. AUDNZD = sell
AUD/NZD to Signal Bullish Continuation; 1.28 in Sight