- Search Metals Mine
- Jhig replied Dec 20, 2010
Tough Love helps more than it hurts. Sure some of us are making fun of your losses, its needed as you need to understand that trading isn't easy as it seems. You need to put in the wrench time before you can drive you newly fixed strategy. That ...
LOST 7K$ in one week, help!
- Jhig replied Dec 20, 2010
Its funny you mention "private company" as Gain Capital/Forex.com just went public last week. As a public company, at least we'll know ahead of time if this broker goes under. Gain is under the NYSE ticker: GCAP For only $8, we all can own a part of ...
When broker goes bankrupt
- Jhig replied Dec 17, 2010
Futures and Forex market/traders are not regulated by the SEC. Futures and Forex markets are regulated by the CFTC. Though Futures and Forex is regulated by the CFTC, neither one is protected from broker bankruptcy The Equity market is regulated by ...
When broker goes bankrupt
- Jhig replied Dec 16, 2010
Refco was the worst of the worst in retail forex market. Till that day, no retail broker can hold a candle next to that bucket shop ... FXCM does come close. Because of FXCM direct involvement with Refco back then, I will never deal with them. BTW, ...
When broker goes bankrupt
- Jhig replied Dec 13, 2010
CFTC isn't looking to get rid of spot forex, but create a 'level playing field' for traders. For those of us who have been trading forex for some time now, can tell you that forex back in 2006 was the wide west. Wasn't as popular as it is now ...
Top 50 brokers - where OTC is likely headed
- Jhig replied Dec 13, 2010
Marv ... nice chart! Where did you get that information?
Just lovely discussion :)
- Jhig replied Dec 13, 2010
In simpler terms, the market is moved primarily by Governments and very large banks (i.e. Goldman, Deutsche Bank, JP Morgan, etc). Retail traders play a very small part in the movement of the overall market. US retail traders only trade the minis ...
Just lovely discussion :)
- Jhig replied Dec 12, 2010
I had an account with Forex.com a few years back. Never had any problems with them. Customer service was always courteous, withdrawals/deposits were fast, platform uptime was great, and trade execution was always fast. I closed the account because I ...
Your experience with Forex.com [GAIN Capital Group, LLC]
- Jhig replied Dec 4, 2010
Tomato ... Tomahto! Low volatility ... low liquidity ... low volume ... it all the same. Not enough market players, money, or trades in the market. In either case can be bad for a retail intraday trader. No retail trader can keep up with Quants and ...
What is a 'large' position?
- Jhig replied Dec 4, 2010
Mid-day market manipulation only affect intraday traders. Buy and Hold traders aren't concerned with mid-day manipulation. It is true to 'be careful' when trading during low volatility because any wealthy trader and/or bank can influence market ...
What is a 'large' position?
- Jhig replied Dec 3, 2010
Most managers don't pool clients accounts, but instead offer segregated accounts. Most pooled or segregated management software (or web based software) are offered by brokers and banks that offer services to money managers. Look into brokers that ...
Money Manager Software: Any Recomendations?
- Jhig replied Nov 30, 2010
The real problem with Carry Trades is that the market has no LONG TERM trends. Carry Trades works best when the market is bias the currency with the highest interest rates for a prolong period of time. Check your Daily, Weekly, or Monthly chart on ...
Ideas for carry trade
- Jhig replied Nov 23, 2010
Your assuming ALL Price Action traders follow past bars for future outcomes. Sure, there are Price Only traders who do focus on past bar formation to "predict" future outcomes. Theres also Price Only traders who look for possible buying/selling ...
It's kind of curious...the war between price and indicators
- Jhig replied Nov 23, 2010
I'm out. Price reached my lower support on the Daily. Pocketing the profits and done for this week. Now I can enjoy my holiday!
EURUSD
- Jhig replied Nov 23, 2010
As I posted yesterday, price approaching my take profit level of 1.3400. 1.3400 is the bottom of a bearish channel on the Daily. I'm anticipating a bounce upwards off this level.
EURUSD
- Jhig replied Nov 22, 2010
Price respecting bearish channel support and resistance level. Anticipated target 1.34 or 1.33.
EURUSD