motives — Dear newbie, always question the motives of someone posting in a forum. If you are a newbie it's not about the size of the winnings that matters... only that you are winning. The more you risk the more your emotions of fear and greed ...

Advice I wish I had as a complete forex newbie

Well Marv don't let it get to you, these people have an agenda and it's either to force the small guy out or make themselves richer [if it's a broker under a cloak he's got good reason to do so] because with a 50:1 leverage rule it makes it that ...

OANDA Discussion

Like what? Subprime housing?

are you trading for a living?

Misconceptions — Very well said... for some reason there's alot of "fuzzy misconceptions" out there in regards to the dangers of leverage. The ones in the "know" realize it's a tool in the box. The fuzzies think they are right because their ...

OANDA Discussion

I'm luving it — I'd pick the monopoly game at McDonalds... you play by buying food... a need is settled plus you have a chance to win some big $$$. No matter if you win or lose, you leave content and happy. Although you may need to go on a ...

What Defines a Good System?

Nothing is shocking about 5% a day in and of itself. If you force it and demand 5% everyday tho sooner or later it will bite you. It's unrealistic to think you can make 5% everday. You are likely over-leveraging to do it. We don't have the luxury to ...

What Defines a Good System?

That picture is too blurry to know what you want and you aren't specific enough in your post. be more specific and I'll see if I can help you out.

Looking for coder who can help?

A bird in the hand is worth... — Spot on, I find it rather amusing how so many come into this with the mentality that the forex pros of the world some how owe the newbie's something. They don't realize that the life span of a system is rather ...

Advice I wish I had as a complete forex newbie

it is, that's why you will never see it. "I only make trade when I am 100% sure it will be successful." not even the pros can do that.... well except for maybe China lol.

What Defines a Good System?

This is just my personal opinion but I don't think you will get 5% every day. The market doesn't work like that... you have to account for holidays big news days on the horizon where everything just trades in small range. Trying to push for 5% ...

What Defines a Good System?

TIME~the genie in the bottle — well some I'm sure are more gifted than others, but there's more to it than just protecting capital. If I wanted to fully protect my capital I could just stop trading forex. But in this climate of 0% interest ...

$1000 to $1,000,000,000 in 4 years

When you don't stand for something you fall for anything. When you know something is not right you stand up against it regardless of what it might cost you, regardless of what you think the outcome will be. You do it because it is the right thing to ...

who is really using interbankfx here?

If you think it's over at 50:1 I wouldn't count on it. NFA has power to change it on any whim they want. Plan on 10:1 sooner or later. I attach a copy of the recant email... because according to IBFX "Transparency Matters". I can tell you there are ...

who is really using interbankfx here?

Your Ego -- the elephant in your way. — This is very true. It's only natural for the human mind to do this and usually the "planner" gets caught up in this mentality of 1% a day, 5% a week or whatever the figure is. The problem is as someone ...

$1000 to $1,000,000,000 in 4 years

Greed should not be apart of any trading plan. ~Lehman Bros.

the best trading advice in FF personal signatures

The company you keep — The company you keep makes you "guilty" in a court of law. So with that said I suppose 99% of it is directed at CFTC. But when you're a CFTC lover you're gonna take 100% of the gun fire. If you can't take the heat, never ...

who is really using interbankfx here?

IBFX disclosure — Here's their disclosure they were making us agree to. However, a week or so later they recanted the requirement that we have to agree with it. If you like a broker that makes it up as they go along, IBFX is the king of BS.

who is really using interbankfx here?

In my feeble mind it's like this: As an example your current system makes 10% a month at 100:1 leverage before CFTC handcuff. You use leverage to play multiple positions and "scale in" also due to their stupidity of FIFO you have to go ALL OUT when ...

Offshore Brokers... Solution to CFTC

I suggest you spend some time reading the 9000 comments sent to the CFTC. My opinion obviously doesn't count for much so you can knock it down to 8,999 comments. Be sure to let us know when you've loosened your leverage policy.

how good is interbankfx

I traded IBFX for past 7yrs... been thru it all from them saying "we don't tollerate scalping but yet we don't have any concrete definition to what scalping is... we just make it up as we go along." To now>>> "We just luv scalpers, all scalping EA's ...

who is really using interbankfx here?