Different countries, different trading entities, different laws! In Australia, my Pty Ltd, non-listed company can carry losses without time limit, and pays 30% FLAT tax from dollar one of profit. So yes, the tax rate scales with increase in taxable ...

Taxes & Forex

Yep, same here. 4 x Samsung 24"'s which are all oriented portrait (Syncmaster 2443BW's). 2 networked PC's run two monitors each and provide redundancy as well as CPU sharing for multiple instances of MT4. Ultramon is also my friend, along with a ...

Is the Multiple-Monitor Productivity Boost a Myth?

NEVER. EVER. NewstraderFX has stated all that needs to be said about the matter - certainly from my experience. Ask me how I know... And know... And know....

managing assets from family & friends

Yes, this is a very important matter to be aware of. It ties in with patience and greed, and is the NUMBER ONE issue I have with my trading. Let the setups form and prove, and don't be too hasty to "see" the "early" entry. Similarly, don't bail from ...

Under which conditions would your trading fail?

NEVER have truer words been spoken! Listen people, as Brunite speaks wisdom. Can you commit?

The 5 Steps to becoming a trader

Looks like the OP found his help elsewhere... Luck to him.

Stop Losses and Risk Management [FX] - Where and how?

Don't forget to pay attention to the importance of "Delta".

Options can anyone explain the benefit to me?

Heh heh.. touche! Yeah, we get hammered from pillar to post. Of course, Matty, you understand this! (I'm Matthew from Melbourne, too!) Everywhere you look there's multiple layers of local, state, federal and other duties, taxes and ...

Best Countries to Trade Forex

Just come to Australia, mate! All will be well. No worries.

Best Countries to Trade Forex

Hi Mystery, Well, without going in to too much discussion right now, it sounds as though you're experiencing a conflict between the requirements of two different "systems". One approach you are taking speaks of placing initial stops near (what I ...

Stop Losses and Risk Management [FX] - Where and how?

Brilliant answer, mate - ABSOLUTELY SPOT ON. Worthy of a full "quote", but I don't know how to make my post *not* limit the character length of your "quoted" post. Hope you know what I mean... Anyway, what you wrote is exactly the answer I would ...

The future of trading is worrying me

Ta, Dom. NY Post article is a classic piece of writing - enjoyed it thoroughly, so thanks for the link. And NO, to reply to the original question, forum posters are not all "losers", either financially or personally.

Forum sharers are the losers??

Nah, not working any more. Shame. Sounds useful...

Surviving a Trading Blowup

Please go on...

Help to those, who want to grow their account

Probably the best post I've ever read (post #15). Seriously. Well done, mate.

Myth Busters the Forex Edition

I understand perfectly, Steve. What you’ve done so far is superb. I’ve modified the code at allow “positive” ShirtProtect values, and it works just as I need it to – locks in a positive dollar amount over a group of trades when ManageAllTrades=True. ...

Multi-purpose trade management EA

Hey Brad, I guess I'd have to be called "Ozzie Vic", so we're not that far apart - 'bout an hour on Qantas! Both asking questions about this wonderful tool, too.. (I'm assuming, of course, that you're located in Tasmania). My wife and I are coming ...

Multi-purpose trade management EA

Thanks for the reply, Andy: yes, I'm aware of the functionality of the various settings within the basket section of the code, but due to rapid trade entry and exit, and the "group" nature of my trading - due to which which I frequently find it ...

Multi-purpose trade management EA

Hi Steve, and all users of this wonderful tool. Steve, your work here is SO appreciated - I really can't thank you enough, mate. I have a little question for you: is there a way, not using the basket settings, to lock in a dollar profit across a ...

Multi-purpose trade management EA

Brilliant. Thank You. Now I've got some work to do!

Recent Strength indicator