I am Aussie short and will look to add off rejections from resistances...

Aussie Trading Room and Cartoons Gallery

"Making a living off forex" is a statement that has different meaning among different persons. For someone who has an account size of $10,000 and has monthly bills of $5,000, then "making a living off forex" requires a monthly return of 50%. For ...

Why are most of the traders here failures?

The coding could be perfect. The problem could be the brokers price feed.

Candlestick traders thread

I think the terms MM and RM can be similar and therefore confusing, so let's not worry about their definitions. All we need to know is that we got to make our position sizes small enough to survive the times you run into drawdown (more losses than ...

Forex is becoming an extreme field!

I think he means entering where you are more likely to have a profitable run rather than a losing trade.

Forex is becoming an extreme field!

I think of money management more as position sizing, but yea it is pretty much the same as trade management I suppose if you are cutting or adding size throughout the life of the trade. After all, you are managing your bankroll (money). Edge, in my ...

Forex is becoming an extreme field!

I think you may be confusing money management with edge. They are different. Money management is the method by which you handle risk. In other words, it is how much you choose to limit your losses versus gains. An edge is to have a greater ...

Forex is becoming an extreme field!

They calculate swap by the second, but that is a different topic.

OANDA Discussion

I don't understand this ad from 0anda. They charge/pay swap. They may not call it swap (they call it interest), but it is the same thing. Are they trying to bait idiots? I guess idiots make the best customers so maybe.

OANDA Discussion

I'm not holding out hope for a breakout from blue triangle this month. May not happen for a few more months, but when it does be ready. Should it go south there is a support around 0.9390 however the breakout should be so powerful it will break ...

Aussie Trading Room and Cartoons Gallery

Only two words needed to answer your question: Greater probability

Aussie Trading Room and Cartoons Gallery

Never ever hedge. Close partial long instead.

Aussie Trading Room and Cartoons Gallery

Waiting for it to break support and short to ~0.9200.

Aussie Trading Room and Cartoons Gallery

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What kind of music you hear while you trade?

What's funny is your answer to the original question of 'depends on the persons age' can also be used to answer the blonde or no blonde decision. Although maybe not as much as 15 years ago or so with Viagra and other such pills available.

$100,000 or Forex Trading