Invest time in self-education. If you start off with a small budget, better to self-educate than to pay to learn from someone. Reason: most will only teach the basics, and keep their true techniques to themselves. If you absolutely need to and have ...

Forex courses.... hmmm are they worth it.

1. One needs to embrace risks, and know how to take calculated bets. Google for "zurich axioms", and you'll find a free ebook with a set of principles providing a practical philosophy for the realistic management of risk. Another truth: 2. ...

Inescapable Truths

Hi Jacko, i wish i knew all these theories don't work, when i first entered the markets. Today i still make these mistakes, but i keep reminding myself to cut down on them. The journey to success is much longer than i thought it would take, had i ...

Risk Reward Ratio is not used for making money

There is no holy grail or magic indicator. The secret is to find a method that suits your personality, and trade support and resistance. Have met many experienced retailers who only trade stocks, and buy when there is fear, and sell when there is ...

What is that one forex secret you are holding back from the public???

Expectancy and risk-reward ratio are for the theorists and beginner traders. Good concept that traders should be aware of, but it won't necessarily guarantee success. The secret is to find a formula, instrument and timeframe that suits your ...

Risk Reward Ratio is not used for making money

Am back. Laid off trading for 4 weeks, during which i've attended a short class at Online trading academy, and also started some equity options trading. Have decided to concentrate on 2 pairs only, and marking out the Support and Resistance areas in ...

TraderT - My Trading Journey

Trading has made me a better person, and hopefully it will bring financial freedom and give time for a better and more fulfilling life.

Why do we trade?... no really, why?

Read the James16 thread from the beginning, and save the charts for reference. Start demo trading for at least 6 months on daily/weekly. What they didn't say, is that any method you pick needs to suit your personality. ...

Trading daily candles

Support & Resistance. The stronger a price level, the more likely for it not to hold the first time it is hit. Strength is a function of: 1. round number 2. number of times it has bounced off on the Weekly, Daily, 4 Hr and 1 Hr.

What is that one forex secret you are holding back from the public???

Welcome back Steve! PeterFM was away too, do show some of your pics sometime.

Steviet's Live Trades!

Chart patterns fail because the professionals realize most people are looking at the same charts, with the same basic settings (RSI - 14, MACD - 12,26,9). Most importantly, it's about net order flow that determines whether price moves up or not, ...

Why a chart pattern fails?

The introduction of the anti-hedging rule and lowered margin (max 100:1, down from 400:1) for US brokers seem to point to the continued protection of the Stock market and exchanges. Has anyone noticed volume has been low in the last 7 months, amidst ...

MB Trading Futures - Introduction

Here's what the said representative told me about one particular marketmaker which i shall not name. Whether this is true or not i do not know, comments are welcome. One particular marketmaker will tag traders into 3 categories: A - Consistently ...

MarketMakers

Hi all, Just to share what i've just heard from a broker - MF Global, about their Forex trading. Pls note i have no association with this broker, neither do i use them. The MFGtrader platform offers STP trading, whereby they internally match orders ...

MarketMakers

Try this: url

pivot point calculator

Great, cheers. PeterFM's having a break in France now - envious!

Steviet's Live Trades!

Stopped out. Will take a break from trading for rest of week.

TraderT - My Trading Journey

Hey Steve, am fine. Taking a break for rest of week...

Steviet's Live Trades!

Nice, Steve

Steviet's Live Trades!