Well said Bob Making bank IS the only thing that matters if you are trading Full Time for a living. And thankfully there are a lot of ways to do this without utilizing the strategies that most traders do and get stopped out time and time ...

Hedging vs Stop Loss

Fractalist, this troll has nothing else to add. I debated with him for a bit as well and found it useless. I'm surprised he hasn't asked you to take up his "Challange"! such a Troll

Real Reasons why Retail Traders lose money

Rap, I believe we have discussed this before but I find the EUR/JPY and GBP/JPY to be very highly correlated and many times will Hedge with these pairs

Hedging vs Stop Loss

Very interesting discussion here. I have not read the whole thread but just wanted to add that I have been trading full time for almost 2 years now and never use a SL. A large part of my strategy is hedging divergent positions in highly correlated ...

Hedging vs Stop Loss

It's one thing to continuously spout your foolish gibberish over and over and over......It's quite another to also state that your nonsense is indeed a fact. Can you please provide link or source that backs up this statement as being fact based? No ...

Real Reasons why Retail Traders lose money

In my opinion lot size alone is all relative to the size of one's account. I think you see way too many with small undercapitalized accounts trading way too many lots for the size of their account. But, I also think for the most part these are the ...

Largest lots traded by retail traders in a single day?

Great Post Bob, one of the best I've seen here. Totally agree and I trade a very similar style without using a SL and I live a very nice life from trading this way. I'm sure the Trolls be be along soon but it's refreshing to see this

Trading Without a StopLoss

Wow, 14 Lot's on a $5,500 Account Balance and you wonder why you went bust. I am trading greater than a $300,000 Account and my typical trade is 3 Lots. But then again I do this full time for a living and do it very well. You can make money in Forex ...

Scars Of Truth - Share Your Trading Story

I've Been an FXCM Active Trader client for close to 2 years and just want to say that I experienced some very nice positive slippage on 2 trades that I was in and had take profit limits set on. This was last Friday during the NFP release. I see so ...

FXCM Discussion

Hey Jason, what is going on with the Rolls lately? They have been extraordinarily high especially for some of the liquid pairs like EUR/JPY I am seeing a sell side roll on the EUR/JPY of $28.56 this morning on my active trader account? Can you ...

FXCM Discussion

Very well said Hedge! I'm coming up on a year and a half of living solely from my trading profits and I believe a large part of my success thus far is because from the start I treated my trading as a business and put a substantial amount ...

95% traders go broke, only 5% survive

More importantly what is your typical trade sizing? If you are trading a micro or small $100 or $1,000 account then most likely 7 pips is nothing Dollar wise. However if you are trading a very large account and trading along the lines of 10-20 ...

7 pips per day? is it possible?

Absolutely Agree 100% That 99.6% number is total crap...... Pip, just wondering what you would define as an account with "large capital holdings"?......I think some here might say greater than $1,000 while others would say greater than ...

95% traders go broke, only 5% survive

Agree 99.6% MapleLeaf are you with me?

Too Many Lies In The Forex Trading World!

I have weekly, Monthly, quarterly, and an annual DOLLAR Target not a pip target as I don't always trade the same amount of Lots. If I successfully trade a higher lot size then I might achieve less pips but more $$$.

What is monthly average earnings for forex traders?

Hey Hedge, hope you are doing good. Yeah, I got sucked in to trying to show those 2 I was doing well and making a living solely from Forex but they are just negative nellies to the core. It's pretty much only the 2 "M" brothers that are constantly ...

Who has become rich trading forex?

Some very good words of wisdom here Hanover!

1000% profit in 4 months - system you can COPY automatically

I think another reason that most don't believe some are making Huge returns is because THEY themselves are not or it has taken them many years to do so. So, since people naturally have an ego they have an extremely hard time believing posts from ...

95% traders go broke, only 5% survive

He never showed you because that 99.6% number he so emphatically states that "Brokers are required to report" cannot be substantiated

Why do Newbies Lose?

Stream of consciousness from a day in the life of a forex trader, Win, and win, and Win some more, go for a 2 hour workout, then to the grocery and come home and find that your limit has been hit in one of your trades for another 40 pips. Now have ...

95% traders go broke, only 5% survive