Uh huh. You were predicting... Keep on predicting ATMMa$ter, and when the FOMC results hit next week, it'll be maximum 0wnage... image

NFP Results....

Hmm... perhaps. I'd just be happy if our fellow business owners would realize that, yes, believe it or not, you can actually make money in FX relatively easy. Ya just gotta get rid of pride in your trading and keep it simple. (And God knows I ...

NFP Results....

Don't worry about woulda, coulda, shoulda. Did you know if you did 10 pips a day and a starting balance of 10,000, you would make ~130,000 in one year.

NFP Results....

It's not a big deal.

Millionaires

But why would you need to? You know why I said that? Because it's obvious he doesn't make that money. Pro's and successful traders don't talk about their winnings... they may in private to a select few within their circle, but they won't talk about ...

Millionaires

+90 pips on the move -20 pips on the missed pullback Overall, around 70 pips... that's about right for NFP...that was more than I got last month.

NFP Results....

Exactly. Take a look at the NFP. It will sometimes start moving five minutes before it's released. I caught it early today, accidently, as a matter of fact.

Cad News Released 1 Min Before... !

No you're not. Why? Because it's highly doubtful that you'd be on this forum. Look around. How many superstars do you see here? So that means you're the .5% that actually have achieved that level of success... I highly doubt it.

Millionaires

I reduce my risk by scaling out using Fib levels.

Successfully Exiting a Trade

Liquidity. Same reason why 300K-1m in volume on an equities share will cost you more versus trading, say, Apple, who has around 36m a day in volume.

Broker Spreads

Here's a definition that you should be concerned with if you want to be successful: Mediocrity is not blowing your account in the first year of trading. Once you are consistent, mediocrity is making more mistakes than you should and you don't end up ...

Millionaires

Fa' sho'!

Central Banks Watch

No thanks. Too much crazy volatility that could whipsaw like crazy. As usual, my sights are on NFP. I live for this day.

Central Banks Watch

And that's your first mistake. Why in the world would you open an account and say to yourself, "Well, it's just education, if I lose it, oh well... but I WILL TRY not to though, don't get me wrong!" WRONG! Subconsiously, you will think to yourself ...

Millionaires

Because my mentor knew that even if he showed me his successful system, the successful method wasn't the system at all -- it was taming the beast that wants to make stupid mistakes like overleveraging, over trading, and impatience... Once again, I ...

Millionaires

...and just to segway off of Dark's post -- I think that for those of us who may be consistent, money is the result of the main dynamic of successful trading -- patience and a carefree attitude. Money can't dictate your actions... you have to kinda ...

Millionaires

Quite a bit actually. Check out Amibroker, Tradestation, Metatrader to start.

test trading strategies ?

I can tell you that when I get to that level, I don't want to be spending that much time in front of the computer. God knows a lot less than I do now. I see myself turning professional in about three years. I won't be making 100K a month, but ...

Millionaires

You have to become numb to the market and have a big bankroll.

Millionaires

If you spend twenty hours a day trying to learn every indicator and reading every book, you will: a) Go mad. b) Not have a girlfriend/boyfriend/spouse c) Have no life d) Will not make any money because learning every indicator in the world is the ...

Millionaires