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bagman replied Mar 21, 2016In my analogy the price is the donkey herd. Not the other traders. If you bet the price to go down and you set a 10 pip stop, and it goes up 10 pips then you get run over. Here is a statistic showing that 35% of clients are profitable with some ...
How can such a huge market be manipulated?
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bagman replied Mar 21, 2016Never had this happen with my broker. I am with the large market maker demons. lol That is the issue with forex haters, they spread paranoid fear so if a new trader gets run over on NFP because the spread widens then instead of learning from the ...
I plan to quit forex!
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bagman replied Mar 21, 20161. What does that plugin do exactly? 2. Why are you with a broker that uses it, if it actually exists?
I plan to quit forex!
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bagman replied Mar 21, 2016That is a dumb catch-phrase to scare newbies. "If you go with the herd you will be slaughtered". If the herd (price) moves into a certain direction you got to move with it, or you get stopped out.
How can such a huge market be manipulated?
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bagman replied Mar 21, 2016I strongly disagree that a market maker is a bad thing.
The search for a good broker
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bagman replied Mar 21, 2016Everyone loses money at the beginning. That is not the broker's fault. Because some mistakes you have to make yourself to learn from them.
The search for a good broker
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bagman replied Mar 21, 2016Where is your proof that brokers manipulate markets?
I plan to quit forex!
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bagman replied Mar 20, 2016You claim forex brokers are openly comitting fraud. Which fits the pattern of a trader deflecting blame for bad decisions. And you call it a "mugs" game. Not sure what a mug is but it does not sound nice. you would rely on forex like a mofo if it ...
I plan to quit forex!
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bagman replied Mar 20, 2016Thanks for the explanation. What is the guy in the video actually getting at?
Chart Scaling, The Great Lie of Technical Analysis, Must Watch
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bagman replied Mar 20, 2016I know, right I was sitting on fat 15% then opened some to get that sweet 25%. All trades bent into complete trash and I was on 10.6 % by friday. Als you forgot the rule of fridays. In soviet russia, friday positions you.
I plan to quit forex!
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bagman replied Mar 20, 2016Can someone explain what scaling means? I do not want to watch the whole video
Chart Scaling, The Great Lie of Technical Analysis, Must Watch
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bagman replied Mar 20, 2016I want 10% per week. If it is less than 5% I feel like doing something wrong.
how much do you earn per month trading forex?
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bagman replied Mar 20, 2016OANDA -Regulated like a mofo -500 million years old -You can start with no minimum deposit Be prepared to lose some money before you make some.
The search for a good broker
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bagman replied Mar 20, 2016You have a better chance if you do not listen to Hurst. The market is a very large herd of donkeys, you are one donkey and have to figure out what direction the herd is running so you don't get run over. That's it. Just because you end up on the ...
How can such a huge market be manipulated?
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bagman replied Mar 20, 2016The question is what do you mean by manipulated?
How can such a huge market be manipulated?
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bagman replied Mar 20, 201649.95 is as good as 50.00 for all intents and purposes. If a tiny fraction like that is the difference between losing and winning for you, well then that is your own problem and not the evil market maker making you lose. I don't care about the house ...
I plan to quit forex!
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bagman replied Mar 20, 2016What I meant is that he learned that a certain pattern has to behave a certain way. There is no manipulation if price does not do what you want it to do.
How can such a huge market be manipulated?
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bagman replied Mar 20, 2016I don't pay commission because I am with a market maker. Spread does not matter if it is a tiny fraction of your stop loss distance. Large market makers make so much money off spread that it would be highly improbable for them to screw over specific ...
I plan to quit forex!