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Mingary replied Aug 8, 2019The Retail forex world is at best a huge casino for gamblers and at worst, a scam.
Are trading costs the main reason of losses in trading?
- Mingary commented Aug 8, 2019
I can see a scenario in which the trade war will intensify and persist. Countries will devaluate their currencies to stay competitive. The race to the bottom will lead to the rise of a single global currency At least that will be the end of retail ...
3 Central banks cut 110bp yesterday - who's next?
- Mingary commented Aug 8, 2019
It's a pro bitcoin PR piece. Highly suspicious We want suckers to feed the next pump and dump now, don't we ?
Bitcoin Joins The Ranks Of 'Safe Haven' Assets
- Mingary replied Aug 8, 2019
The transaction cost (spread & commission) is tolerable But the worst of the worst is paying swap it's the hidden killer.. On positive swap the broker gives you next to nothing and on negative swaps they really pig out. It makes trading the forex ...
Are trading costs the main reason of losses in trading?
- Mingary replied Aug 7, 2019
Wouldn't you rather do something that let's you keep the money you earn?
Profit in forex is easy! Prove me otherwise...
- Mingary commented Aug 7, 2019
Retail forex: a tax on the stupid ?
Official Cash Rate reduced to 1 percent
- Mingary replied Aug 7, 2019
Keep an eye on the "Trading Systems" thread There will be one that is popular and gets lots of attention. There will be a time when the followers and thread starter are claiming to be profitable. After a while the thread will die out. They must all ...
(binned per thread starter's request) Profit in Forex is IMPOSSIB
- Mingary commented Aug 7, 2019
After any "unexpected news" it would be interesting to know how much money got wiped out from retail forex accounts.
Official Cash Rate reduced to 1 percent
- Mingary replied Aug 6, 2019
New to forex ? Do not just walk away. Run!
New To Forex and Need Advice!
- Mingary commented Aug 6, 2019
An NZD haiku: Another culling of the herd. So many accounts wiped out. How fun
RBNZ Gov: Today's Cut Does Not Rule Out Further Action
- Mingary replied Aug 5, 2019
As much as would all like your statement to be true, in reality 1) The enormous majority of long time consistent winners ==> there is no such thing 2) do not participate in this kind of survey ==> if 1) were true, they would. and when some do it's ...
How many of us are already making profit consistently?
- Mingary commented Aug 1, 2019
Another culling of the herd. Well played
Federal Reserve issues FOMC statement
- Mingary replied Jul 30, 2019
Exactly right. And for that reason Davit-and-the-pivoteers are currently drowning in draw down just like the SSI would show!
Trading against the herd
- Mingary replied Jul 30, 2019
The enormous majority of long time consistent losers do not participate in this kind of survey.
How many of us are already making profit consistently?
- Mingary commented Jul 29, 2019
Looks like no one is seeing the obvious... good
British PM Boris Johnson set to launch NZD 186 million no-deal Brexit campaign
- Mingary replied Jul 24, 2019
The wonders of hindsight (: The picture is a bit different on the hard right edge. I don't think many traders actually get a good view of that empty space. (I marked the spot so everyone finally knows where it is) image
Trading against the herd
- Mingary replied Jul 21, 2019
In retail forex, looking for OPM does not inspire trust at all. It is the same as mentoring / coaching, selling trade signals, trading software and all types of "selling shovels to the gold diggers." If one does have a successful trading method why ...
How to manage money as a business?
- Mingary replied Jul 3, 2019
url should be required reading for all retail trading enthusiasts !
What's the Value In Trading?
- Mingary replied Jun 27, 2019
"the way we trade makes a difference" It makes a difference to the individual trader. It makes no difference to the market If you could see a market with beeps going on and off for every trade that is placed it would appear as random noise
50% win ratio, 1:1 sl tp, and random entries