Income taxes are only taken on just that, income (gains), not losses. If anything you are in for a rebate.

tax question (new trader)

Since this is an international forum, your country of origin would be a big help. In most cases, once the trade is closed, it's taxable. However loosing all of your initial captial is not a bad thing tax wise, but a good thing. However I remember ...

tax question (new trader)

Just an FYI for other readers not for steve to adjust his system I've allowed this with my variation however only if I get stopped out and there is no existing trade. I am using the "very high standards" judgement to do so. The only one i've done ...

Steviet's Live Trades!

Hey Steve, Just wondering why you decided to go long on USDCHF? I see a strong uptrend, yet a shooting star on Friday's candle. This shooting star also completes what I see to be a three buddha top at a resistance line from jun/jul 06. Maybe because ...

Steviet's Live Trades!

I think that is an excellent point on how much psychology comes into play when using other people's money. It's easy (and very often made assumption) to think if people could make more from the market they would - but the truth in point is they make ...

Steviet's Live Trades!

Hey Steve, I think that this type of speculation is one thing that is limiting aspiring traders. You should expect returns based on your testing, not opinions of others on what "pro" traders would be happy with. When it comes down to it, the only ...

Steviet's Live Trades!

Same here. The funny thing is I have lots of confidence in the system, because from the start I see how it's working in a ranging market - so I realize the enormous potential it has in a trending market. The confidence remains intact because I know ...

Steviet's Live Trades!

Today is brutal, I got stopped out on everything already except cable which is long. NFP sucks What kind of shape are you in Steve?

Steviet's Live Trades!

100% Agree - bumps of good threads like this would be very positive. I am very happy someone bumped it, otherwise I would have never been aware of it. My point was just to allow others to be aware that they likely may not get a response... but hey, ...

Why professionals "only" make ~30% anually

This thread was bumped from a year ago, but who knows, maybe he'll still respond lol

Why professionals "only" make ~30% anually

My USDCAD Approach — Hey Steve, First I just want to say thanks for being open with your excellent system. I have adopted the core rules of your system and with a couple of little differences. I'm only using candlestick and fibs to make my ...

Steviet's Live Trades!

Unfortunately I missed the webinar this weekend due to some personal stuff that came up Is there going to be a log /replay of it available? I know you and Lyle were talking about being able to replay the teamspeak ones before

Elliot Wave Trading

Thanks — Just wanted to say thanks for this excellent thread. This is truly a thread that is a "signal in the noise". After coming across it and then researching further with the "Fools of randomness" mention, I read the book and that has been ...

Determining Risk

The best way to trade retracements in my opinion is fibbonaci as a tool, and as a system/practice, Elliot wave. Elliot wave theory makes heavy use of fibbonaci. Check out fixme1too's thread in the journals fourm, i'm sure it'll be useful in ...

trade daily retracements?

Retracements happen on all time frames, if you are using fibonacci numbers to calculate then i've read that 4HR and Daily's have the highest correlation with fibs of all the time frames, but cannot attest to the accuracy of that.

trade daily retracements?

To a technical trader I would say it's one of the fundamental tools, it would be a good investment for the time it takes to learn.

How important is knowing Candlestick?

"Left" as in he said he will no longer be participating in the thread.

Elliot Wave Trading

I think you need to make a custom indicator to do that. You'd be best asking in the MetaTrader forum

Trade is disabled in MT4? please help

Ahhh ok thanks

Trade is disabled in MT4? please help

Ok sounds good. I'll post when i'm able to close.

Trade is disabled in MT4? please help