Guess I better cross Thailand off my list of holiday destinations!

The life of a trading system on Forex Factory

Not only subjective but unreliable in an OTC market like forex, variable from brøker to brøker and only indicative of the underlying market. Hey if it works for you, makes things clearer, and gives you confidence to trade then great but it's not the ...

The life of a trading system on Forex Factory

Analysing price action is just about the most openly shared strategy out there, it's nothing new, special, or secret. Have you heard of and/or traded support or resistance? A chart pattern? A range? A trend? Retracements? Anything else on a chart of ...

The life of a trading system on Forex Factory

Exactly my point! It seems to mean a lot of different things to a lot of different people, and it's subjective to say the least. Support, resistance, patterns, and a whole host of other stuff. A trader needs what he needs to have confidence in his ...

The life of a trading system on Forex Factory

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The life of a trading system on Forex Factory

Hang on, this sounds like fun, but what's the deal with all those ladyboys!

The life of a trading system on Forex Factory

That's great but wtf is it other than chart analysis?

The life of a trading system on Forex Factory

Price action*, it's a bit like beauty, it's in the eye of the beholder. An FF buzzword used to describe anything which can't/won't be described, especially suitable when giving advice to noobs about trading! *Always read the label. Use only as ...

The life of a trading system on Forex Factory

lol, don't forget 'price action', you can't have a conversation about anything nowadays without it cropping up somewhere! Whatever the problem, price action is the solution apparently!

The life of a trading system on Forex Factory

Strangely enough, no, they seem to focus more on making money hence my comment, but then I expect your business management degree will have taught you that. Anyway sounds like you've got it all under control........

Time it takes to be a Successful Forex trader

What are you learning for 12-14 hours a day, every technical indicator known to man? A degree in economics? Every trading strategy on FF? Excellent, except........ Right. Maybe that's what you need to focus on.

Time it takes to be a Successful Forex trader

I agree, and it's not the quantity it's the quality. In theory it's possible to learn to trade profitably in a day or two, it's not rocket science, however in practice it can take years to discover what you really need to learn and to master the art ...

Time it takes to be a Successful Forex trader

In theory, yes, but in the leveraged account you need to consider brøker margin requirements and their margin call policy, but you're right as far as the math goes, theoretically you could open a 500k position. Correct again, 60k trade size would be ...

Noob Question about leverage

Exactly right, and it's surprising just how many people don't understand it!

Leverage in relation to risk

I'm not sure that's true, the great divide between rich and poor exists globally and the gap is getting wider. The recent crisis (clue: primarily the result of overleverage) has left the whole world feeling worse off, even the fat cats! Right, the ...

The life of a trading system on Forex Factory

They're not looking to live off it, they're simply looking for a reasonable return on their investment. I can see what the issue is here, people are underfunded yet still trying to make a living from playing in the market.

The life of a trading system on Forex Factory

Exactly, on the premise that if it's too good to be true..... Im sure heal be just fine, there not as difficult as they where when I was at school, it will be intresting to here how he get on what have he got to loose?

The life of a trading system on Forex Factory

Sounds about right, 12% is a good low-risk return for most investors. You've got me wondering who that might be now, I lived a stones throw around that time, Seer Green! (surname didn't begin with a G did it?)

The life of a trading system on Forex Factory

lol, love it!

The life of a trading system on Forex Factory

video

The life of a trading system on Forex Factory