Here's how to trade with the trend: 1. Monitor a larger timeframe (use trendlines or a moving average crossover combined with support and resistance) 2. When the larger timeframe is pointed up or down, trade in that direction when you have a setup ...

Trading with trends

Success? It's found by hard work. For those who are reading this thread looking for success, think it through. If you wanted to run a marathon and place, what would you do? You would wake up at 5:00 AM and jog every morning for 2 hours. If you ...

How did you find success?

Haha good thread I don't mind them, but I seldom watch the show...talking heads are almost always wrong. There secret to success is to say a million things in the hopes that one will be wrong. If they were masters of the market, why are they ...

I don't like the new graphics on Fast Money

The best place to learn is a demo account. Forex scalping is very hard because the typical broker charges a spread with a commission hidden in the spread.

Best place..book...resource... to learn the art of the SCALP!

I'd suggest that you start with a system you understand and then apply it to a very small timeframe (1 minute or so). Try it on demo for a few months (hopefully a few hundred trades). When you're ready, go live. The problem with scalping on the ...

scalping and Forex coach search

Stock market: 1. When you enter an order, your broker can decide to fill it with shares which he has on hand or he can forward it to the market. Your order is actually filled. Forex Market: 1. When you enter an order, your broker is typically the ...

Difference between stock and FX in terms of liquidity (Noob question)

Just picked this thread up...Just an observation, I used to trade a MA crossover system and I feel that you need to remember the purpose of moving averages. They exit to show you a trend. This means that when moving averages crossover, the trend ...

intraday indicators

I read the first post and couldn't agree more: New traders don't need posts created by losing traders. They need to push themselves to learn and never stop pushing themselves. I wasn't profitable until I practiced for 14 hours a weekend before the ...

Newbie Traders: Trading Advice from Someone With Balls

I would strongly encourage you to reconsider what you have asked. There are lots of snakes out there in the markets who would like to separate you from your money. The only mentoring you need is to: 1. Pick a strategy you are comfortable with. 2. ...

Where can I find mentoring???

Professional trading of the FX market is not a myth. It just takes lots and lots of practice - more than the average individual is willing to put in. Which is precisely while the average individual fails. Here's what helped me become profitable. I ...

Is trading FX for living a myth?

Tips for controlling your emotions: 1. Trade at a size that you can handle. 2. Step away for a few minutes to clear your head and realize that if you let emotions take too much control, then you'll probably lose that money you just earned. 3. Win, ...

Removing euphoria from winning trades?

This sounds like a pretty solid system. One of the first systems I first traded was a MACD, stochastic and moving average system. It paid the rent.

trading system sharing

The thing which separates victors from losers in the financial markets is practice. Advice to the new guy : don't stop working on your edge.

Any advice for new guy?

Almost all potential traders fail because they don't do a few things: 1. Respect risk and control their lot sizing. 2. Pick a system and timeframe which they have fully practiced and understand. 3. Practice more time on their system then they do ...

Why do 99% of the people who wants to be traders fail?

American: S&P 500 Dow Jones Industrial Average (longest-standing) Any of the Russel 3000, 5000 and whatnot.

Stock Indexes

Start with Wikipedia.com Then purchase a single book on future or index trading. Learn, learn, learn!

Help a newbie trade Nikkei

The initial public offering is the first time stock is issued. Typically only buy-side firms such as private equity and large funds are allowed to purchase these shares. When new shares are issued, this is a problem for existing shareholders for two ...

What will happen when Company introduce new stocks to the market?

I agree with you on the point that profitability is found through study and observation, not a message board.

Just an observation & learning process

Put a stop loss in ...no one knows the future, we can just make educated guesses

Gold Discussion

I've never encountered this problem with FXCM before.

Trouble With FXCM Servers