Recent content by CarlosRay

  1. CarlosRay

    Forex? Discussion

    Anyone know where Xela has gone? I’ve looked high and low for her
  2. CarlosRay

    The Opening Bell

    You can see the opening and closing bells being rung on cnbc
  3. CarlosRay

    What are your top 7 problems as a Forex trader?

    Work, play, relax. Btw, Taco, if you eat a taco is it classed as cannibalism? (Please don't take offence, it's only a joke from one newbie to another)
  4. CarlosRay

    Is it better to avoid Exotic currency pairs? Why?

    Those country-specific fundamentals may be the best reason for trading exotic pairs. If you live in one of those countries, you may be aware of things changing before any government or monetary policy changes catch up
  5. CarlosRay

    A Free Strategy that works

    Got to disagree with you there. I've used it successfully, otherwise I wouldn't vouch for it
  6. CarlosRay

    A Free Strategy that works

    3 Ducks Trading System has been around over 10 years and still works.
  7. CarlosRay

    Do daytraders profit everyday? Or are they like me: one huge win one day, 10 losses in a row after?

    The problem for most traders isn't the win rate - I've posted a chart on another thread showing that traders win more often than they lose, the problem is the size of their losses is much higher than their wins.
  8. CarlosRay

    What are your top 7 problems as a Forex trader?

    Unless you have spoken to ALL forex traders, you can't possibly make a statement like this
  9. CarlosRay

    Most forex retail traders lose money. Why is forex so difficult?

    The majority of forex trades win, however the number of pips lost per trade far exceeds those won ( I found this on another forum, so probably not cool for me to post a link to it). That suggests to me that traders may be doing the following; 1) Taking their profits too early, too often 2)...
  10. CarlosRay

    Preparing for taxes in home currency

    Hi Nooby. You won't end up with more of one or less of another currency, because you are neither buying nor selling. When you "buy" Eur/Usd, you are effectively betting that the euro will strengthen against the dollar. When the bet ends, I.e. you close the trade, any gains/losses are reflected...
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