That's strange. I agree, I just don't think that we have much say on these laws, so it is what it is, and I think 50:1 is not so bad. Me personally, I don't use more then 40:1 which I consider high leverage, so this is not really effecting me at ...

Thoughts on 50:1 Leverage

lol yes... you are correct damage. This forum would be less clustered with good humor. I look around here from time to time and it surely is sad. There are a few (very few) people here that I actually learned something from, the rest is just... ...

Thoughts on 50:1 Leverage

Fair enough moneymaker2. I agree... it is kind of messed up what is going on, mostly the part about not being able to go offshore... thats what I really don't like, but I guess they had to do that as brokers wouldn't go out of business here in the ...

Thoughts on 50:1 Leverage

I agree with you here. But... You can surely beat the house in this game more then a few ways. They should start by banning all indicators and make in mandatory that all people should learn the structure of the market, all markets. You should have ...

Thoughts on 50:1 Leverage

That wasn't directed at you damage. only the first paragraph. I know your execution may be great and your broker is not trading against you, but who is the counterparty? someone surely is. Your not getting a prime broker account with 100k so someone ...

Thoughts on 50:1 Leverage

Moneymaker2, I am not name calling... look up what it means, wasn't meant to hurt anyone's feelings. I hear your argument, but... the ridiculous amount of leverage is unnecessary. I don't think anyone should complain about there choices being taken ...

Thoughts on 50:1 Leverage

Dealers need to trade against there clients, they offer you liquidity. Someone has to take the other side of your trade don't they? With an ECN in some cases it's not your broker directly, but someone is. If you're getting bad execution that is one ...

Thoughts on 50:1 Leverage

I am very happy with 50:1 leverage and have been for awhile now, I'd be ok with 25:1 too. I don't care about newbie traders or the "99%" that will go broke, how much money they win or lose or how much they deposit into there accounts for the bad ...

Thoughts on 50:1 Leverage

50:1 is more then enough for any style of trading. The only time I would ever need more is when I would to keep a smaller amount of my capital in the actual account. For instance, I'd rather have 5-10k in the account with the broker and be able to ...

Thoughts on 50:1 Leverage

ET phone home?? what a pile of crap... but seriously, I have to give this crazy some props.... it's great!

Technical Analysis Fallacy

don't even waste your time with correlation arb or synthetic hedging in forex.

Correlation Arbitrage

If your business is for yourself, why not trade at home? if it makes you feel better to have an "office" then go for it, whatever you want, your the boss. I think if you dedicate an office in your home where, when you are in there it means business, ...

Trade at home or at the office?

watch a low TF chart. 1second-5minutes and the quote panel.

What do you think is the best (fastest) way to learn PA?

Nice link krakoukas.

Systematic trading

real directional trading... lol. as opposed to fake directional trading? How about the top prop firms and hedge funds in the world... are they really only directional trading? Absolutely not.

Who are the top best Forex traders in world??

I don't think you would ever need anything over 50:1, 100:1 MAX if your hitrate is like 90-95%. But whatever your comfort level is I guess, that is just very dangerous to me. With GJ you need at least a 10 pip stop, and your in the whole 3-4 pips ...

A good broker

I am not sure what your definition of scalping is, but do not ignore the fact that MT4 sucks for scalping as does the idea of scalping GJ in combination with high leverage. fxopen....

A good broker

Find out what your hitrate or win/loss is, then find out how much you are willing to lose comfortably on a trade without messing your head up. From there you can make your risk/money management plan. Know your risk before the trade and make your ...

risk reward / win loss

LOL. what a long pile of shit post. fxopen is a bucketshop. won't be around too long that's my prediction. If you don't trade with liars or stop hunters, your in the wrong field and market. Good thing you are getting into Law. Do you think it's just ...

FXOpen and Basel Financial banned by the Mauritius

Agreed, and btw, 1% a day is a realistic expectation. But I just don't like to make the goal 1% per day... some days give more, some days don't give any, so the 1% a day is more like an average from the 20% a month. I know I am good for at least 20% ...

Your Daily Pip Goal?