I'm thinking of making a larger deposit but I'm not sure if I should stay with FXCM. There aren't really any other choices for me except Oanda. Is it still relatively safe to go with fxcm again? In a worst case scenario of bankruptcy, what is the ...

FXCM Discussion

Hi Petra, good to see you post again. Hope you're doing well and wish you many more years of profitable trading. That thread of yours is a real eye-opener, it's a pity most will never get it

I've figured out why so many people lose money in Forex

There isn't a higher probability, and as a retail trader you can't make money on a 1-tick move simply because of commissions and spread. First off, does the article mention anywhere how many of those were intraday trades and how many longer term, ...

I've figured out why so many people lose money in Forex

Lol how sad. Go re-read what I wrote, or have someone who can read well do it for you. I completed several calculus and statistics courses in college, and I was making a different point from what you wrote in that pathetic post of yours. In any ...

I've figured out why so many people lose money in Forex

Theoretically you can also compute the result of a coin flip. After all, where a coin lands depends on how high you throw it, its spin rotation, its weight distribution, the surface where it lands, and probably other things too. In practice this is ...

I've figured out why so many people lose money in Forex

Man I feel so bad for saying this but... HEY guys, don't listen to replaced and do the exact opposite of what he says. Keep believing in your hopes and dreams, be masters of your emotions and one day you will all be forex billionaires!

I've figured out why so many people lose money in Forex

The pleasure is all mine, believe me. Thanks for making it easy to weed out all the worthless charlatans that troll this forum. /ignored P.S. If any of you guys want to weed out some scammers/worthless posters from this forum, take a look at my ...

I've figured out why so many people lose money in Forex

Very nice post, replaced. Very few will truly understand the implications of the points you've made and even fewer will put them to practice. Exactly. I suggest you guys not waste much time giving explanations to certain charlatans. They're not here ...

I've figured out why so many people lose money in Forex

So taking partial profits is optimal when your R (reward) is less than 2? Because I've been reading the posts of a trader who in addition to having a strong math background, he is also long-term profitable, and he seems to frequently take partial ...

Expectancy Management

Who said you need 5k a month to make a living out of forex? The beauty of forex is that you can trade it from anywhere in the world. And there a lot of places where even 1k a month is more than enough to live comfortably.

Do you check news all day?

I have some shorts on this pair around the 0.743 level. Hopefully this is a temporary retracement and price eventually heads towards a longer-term downtrend

NZD/USD

For the vast majority of traders who are under-capitalized, over-leveraged and daytrade frequently, forex is for all intents and purposes a scam. These people are playing the broker's game which has negative expectancy in the long-run. The less ...

Forex = legal scam

Worthless to me. They don't show anything I can't already see from price alone, let alone help me make a prediction. Any purely mechanical system has zero expectancy in the long-run, regardless of time frame. You'll likely last longer if you use ...

Moving Average Crossovers: Worthwhile or Worthless?

You actually take this charlatan seriously? This thread should be read to have a good laugh and nothing more when you want to take a break from serious study.

Tim's £500 marathon. Goal £1 million