from the NFA Handbook... — I believe they are looking for futures/securities fraud, embezzlement, misconduct.... that sort of thing. This section cut from NFA handbook (Googled: misdemeanor nfa approval)- [appears to be only misdemeanors ...

Becoming A Commodities Broker? Series 3 License

More of my settings...and why I stopped trading today. — The afternoon price action was more volatile than usual again today. Like I stated previously I use a max stop loss per trade of 8 pips (including spread). Though to be profitable with ...

30 Days to Profitable EUR/USD Scalping....

Day 2 — I didn't have a chance to look at the markets until the afternoon. Few trades today as well, I may have a look at the Asian open. Chart below shows why I love pivot points. The blue line at the top of the chart is the central PP for ...

30 Days to Profitable EUR/USD Scalping....

Some of my settings... — I have a hard stop loss of 7 pips on each trade (with Oanda's spread 0.9 pips) usually about 8 pips if stopped out. I try to keep losses much smaller than this (2-3 pips). I will take small profits especially if the ...

30 Days to Profitable EUR/USD Scalping....

Day 1 — A very short trading day.... I peeked in after 12 PM EST, obviously some Euro news today. The spread was higher than usual on Oanda, and the market was a bit more wild than usual. I use Pivot Points (influenced by Acumen, see his ...

30 Days to Profitable EUR/USD Scalping....

Scrutiny.... — The scrutiny you would have to endure for an insurance company to "write" this wrap for you, it would be very thorough I imagine. I think it might be easier as a "little guy" to find more capital to trade with in general from ...

Wrap it up and make loads a money...?

Ugly Month... — Method hopping, psychological pitfalls... down 16% percent for November. I didn't apply myself as much as I thought, traded mostly afternoons US session. I have alot of free time in December, I'd like to take it a bit more ...

What percentage profit per day IS possible?

Thank you... — Thank you FX Petra! I have read many of your threads and posts also. I appreciate your insight as I know you have had a very experienced Forex journey so far.

What percentage profit per day IS possible?

tight stop, no TP... — 1 min TF max 6 pip Stop Loss (programmed into Oanda preferences) no TP set, but avg is 4ish pips... highest 25ish, lowest 0 or 1 pip.

Scalpers - What's the smallest TP/SL you'll trade?

Quote from The Fool's thread... — Quote from The Fool's thread, 4% A Day Forever, early on... Just ran across this quote while reading "Trade Your Way to Financial Freedom" by Tharp. Quote: Nevertheless, my belief is that the largest profit ...

What percentage profit per day IS possible?

Thanks... — Thanks for the replies Razor Trader, I checked out your journal as well, good stuff! My copy of Atlas Shrugged is still one of my most treasured books. I saw a bumper sticker the other day relating to the current economy, "Atlas ...

What percentage profit per day IS possible?

Scary comparisons... — 1. In recent past, the NASD for example created the $25k min account size for daytraders of stocks (to protect the common person supposedly, because they were getting destroyed in the markets) 2. As a former player of ...

New NFA Regulations: The end of individual scalpers ?

Why... — Why profit on Demo when you can lose for Real? (just a little joke, cheers!)

Money Mangement, Do you take it serious?

With respect...I disagree. — I love your 1min TF thread, and your contributions here are tremendous... but read that sentence again and tell me that sounds like the proper trader mindset. Just my 2 cents, I'm getting destroyed lately...so ...

Money Mangement, Do you take it serious?

I am in one... — I'm techincally in a losing streak, mostly because of psychological money management mistakes. Fix those mistakes. Look at things from a longer term perspective. Yes, it's nice and comfy and cozy to be profitable every ...

How to Handle a Losing Streak (everyone has them)

Too much screen time... — Put down the mouse, and Slowly step away from the computer.

Exotic pattern trading

Voodoo... — Generally, I move all objects on my desk to point towards me, therefore indicating a downward motion...when I need PA to be bearish. Calculators, Pens, Pencils all facing downwards. Just kidding, hang in there Chicky... this ...

EURUSD

Risk? — Your definition may imply a person who takes the most risk.

Definition of Trader

Sharpe Ratio.... — Curtis Faith, in his book The Way of the Turtle, mentions that the Sharpe Ratio may not be the best measure for alternative investments (futures, commodities). Though it is an excellent measure for stock portfolios, perhaps ...

Performance Measures