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Dopey replied Jul 3, 2007Here's an excerpt from a chat with my mentor from a few years ago. He worked at Tudor Investments for five years. Mike: That culture of discretion was rampant throughout the systems group which consistently lost money. Pete was finally ousted in 96. ...
Forex Profit... Im sorry but... (10% per month?)
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Dopey replied Jul 2, 2007Go Deutsche Mark!!! Oh wait, you gave that up so that you can support the Albanians. Too bad!
How insidious is your patriotism ?
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Dopey replied Jul 1, 2007Like a few others here, I've met a guy who worked as a trader for a very large firm. He had a $50 million account and never made under 20% per year in 5 years. He made almost $3 million per year doing it. But after 5 years he was burnt out to the ...
How to be a trader for a company?
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Dopey replied Jun 30, 2007Interest rates rule the currency markets. Everything else is secondary, much of it is bullshit. Plot out interest rates for different countries and their currencies for the last 30 years. Bear in mind that money will shift around in anticipation of ...
forex fundamentals are way too vast
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Dopey replied Jun 28, 2007You left out Esignal. They use the GTIS feed which comes from 200 banks. It's as reliable as anything else, and more so than most.
Is Free Charting Package the Real Deal? Software Reviews here
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Dopey replied Jun 26, 2007It's true just about everything in life. It takes nine months to have a baby, and it can die in an instant. It takes years to build a reputation, but one moment to destroy it. It takes years to put up a massive building, but moments to bring it ...
The long & short of the matter
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Dopey replied Jun 24, 2007No, but I know some Indian restaurants here in the UAE that make a curry to die for.
Carry over interest
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Dopey replied Jun 23, 2007Kids can be a real pain in the ass at times, but most of the time they're non-stop laughs. I wouldn't want to live without him now that I know him, that's for sure.
My "Holy S**t Moment"
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Dopey replied Jun 23, 2007And bananas...there's gotta be bananas in there somewhere.
The monkey (in progress)
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Dopey replied Jun 23, 2007My Aha moment was when I realized that trading with the trend really is the best of the two options out there. I still will go against the trend, but I risk a fraction of what I put on a trend trade. It took me years to get that simple fact even ...
"AH HA" moment
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Dopey replied Jun 16, 2007IF you are successfully trading an account, no matter what the size, then borrowing money to trade is just another business decision. If you aren't, then borrowing is tantamount to financial suicide.
Is trading FX for living a myth?
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An interesting discussion about Candlesticks
Started Jun 13, 2007|Trading Discussion|2 replies
I just ran across this and it's worth looking at the discussion. {url} The discussion includes ...
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Dopey replied Jun 12, 2007Anyone remember the Monday morning about 3-4 years ago when the GBP gapped down 150 pips? It was after they found that Brit dead of a supposed suicide, the one that was blowing the whistle on Blair and the Gulf War? I got stopped out on that one, ...
lose my shirt with news?
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Dopey replied Jun 11, 2007You don't have a plan, that's the problem. As to the 80 pips a day, that's meaningless to us because we have no idea how you calculate that number. If you show us precise information, such as types of trades and exactly how you count 80 pips, then ...
Everyday I make around 80 pips
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Dopey replied Jun 11, 2007MetaTrader is a company that makes charts. They make money by licensing their charts to companies. Your account is with a broker, not with MT. I'd strongly suggest you do some serious research before you open an account with any firm, much less FXCM.
A Quick Overview
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Dopey replied Jun 10, 2007Yep, it's immoral. We're all going to hell. I hope it isn't run by Refco!
Is trading Forex immoral??
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Dopey replied Jun 8, 2007If you were to read the first two Market Wizards books by Jack Schwager, you'll find a variety of successful (we're assuming they're all telling the truth) traders using a variety of methods. Some such as Seykota are pretty much mechanical, while ...
Regarding the article "Trading As A Business" (Or:Are successful systems automatic?)
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Dopey replied Jun 7, 2007Yep, all the time. Have you ever paid attention to the type of music you play according to what's going on with your trading?
For newbies:Learn Forex Trading: 3 Simple Tips for Setting the Stage