Averaging down killed my forex career...twice. I'll never do it again.

Averaging Down

This is great news for me. Ever since getting booted out of CMS Forex I've been desperately searching for a broker with both a great desktop software AND a solid mobile application for BlackBerry...like CMS had. Oanda's MT4 is perfect because I can ...

Oanda goes Metatrader

Proud to say I'm finally at stage 3. After two blown accounts and a lot of humiliation and frustration, I have finally gotten my head around money management and have developed a sound methodology that I'm sticking with for the long haul. I'm not ...

The 5 Steps to becoming a trader

I plan to use CMS' VT Trader demo for charting.

Please recommend honest brokers

I am seriously looking at Oanda. Just closed out my account with Forex.com. Oanda's platform isn't the greatest, but I believe the $$$ you make are more important than a beautiful software. Didn't they have the highest percentage of profitable ...

Please recommend honest brokers

Don't know if it's a good price or not, but it is definitely cheaper than dealing with a human broker (ie. in a bank). I've heard that Interactive Brokers is the cheapest (0.70 per options contract) but you need at least $10K to open an account ...

Broker for currency options?

OptionsXpress.com is a good place.

Broker for currency options?

As a CMS refugee at Forex.com, a chill went up and down my spine as I read this thread. Fear for my money. I made a request on Thursday to close my account and withdraw all of the funds. Here's hoping the money is in my hands next week...but I am ...

GAIN Capital Group fined $459.000

Ugh, a week and a half into my Forex.com experience and I hate it. I should have stuck to my guns and held true to my resolve, (as indicated in my very first post in this thread), and closed my account. Can't believe I got talked into sticking ...

CMS ceasing operations for retail traders

Well my new Forex.com account is up and ready. I lost 0.15 in the transition process as they rounded my balance down to the nearest dollar. Actually I lost 0.16...as 0.01 still sits in my CMS account...gee I wonder if I should request a withdrawal ...

CMS ceasing operations for retail traders

I'm sorry what survey are you talking about??

CMS ceasing operations for retail traders

I funded my account last week after being seduced by the "Holiday Bonus" they had running. Truly an ingenius, and devious, marketing scheme to lure people in, knowing full well that they're closing up shop soon after. BTW, still no response from ...

CMS ceasing operations for retail traders

Yeah CMS told me the same thing...but I am waiting for Forex.com to confirm it. So far all they're telling me is that they're looking into it.

CMS ceasing operations for retail traders

A CMS rep told me that they are talking with GAIN about getting the VT Trader integrated into their feed, but that it's a work in process. Maybe eventually we'll be able to use it there.

CMS ceasing operations for retail traders

AFAIK CMS was the only broker using this (awesome) software...I'll miss it.

CMS ceasing operations for retail traders

Just got the same email! Damn I just deposited money into my account on Thursday...and now this. I believe in synchronicity, and am just going to withdraw everything and say goodbye to US Forex. Canadian broker here I come! (At least my money will ...

CMS ceasing operations for retail traders

Oh 200 pips...thought you said $200. Hmm, that wouldn't have been possible on the EUR/USD...the big drop was only 125 pips or so. Yeah talk to your broker, (if indeed you were trading this pair...maybe you were trading the EUR/JPY).

EURUSD

Why do you think they would give it back to you? You placed a trade and lost...why would you get your money back?

EURUSD

Unbelievable chaos today...especially EUR/JPY's 1000 pip drop. What a volatile day...and we still have NFP to look forward to tomorrow. Anyway, short @2645, and pending short ready @2695. Target mid-2300s.

EURUSD

Just wanted to clarify that the question was specifically about 61.8%. I know what Fib retracement is all about, but why is it that people seem to place the most emphasis on 61.8%...as opposed to the other ratios, (23.6%, 38.2%, etc). What is it ...

Why 61.8%?