Recent content by eddie0816

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    Realistic Expectation

    Man am I glad I decided to ask this question. The info you're giving me is priceless for a guy like me. I thank you so much for that. If you have a chat program that you use, I'd love to jump on and chat with you at some time. We can share "war" stories about trading. Thanks...
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    Realistic Expectation

    Thanks so much for that Ed. If I may, what hours do you trade, because that is exactly what I do with forex now and did with stocks years ago. I am hoping that there is enough activity from 8am - 10am or even as late as 11am. Thanks again for the valuable info. Eddie
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    Realistic Expectation

    That's not the hard part, I am curious as to what is a realistic expectation on the % of the range that can be captured. But, thanks for taking the time to answer my question. Eddie
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    Realistic Expectation

    Hey all, I am trying to get a realistic expectation of profit potential in trading gold futures and minis. I am very experienced in the world of daytrading and scalping stocks, and position trading forex. However, I know nothing about futures. My question is, what is a realistic...
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    Best broker for Euro FX Futures

    Thanks so much for the reply. I appreciate it.
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    Best broker for Euro FX Futures

    Hey all, I am trying to determine who the best broker would be for Euro FX Futures. Can you please share some info about your favorite broker? Their commissions, fees, executions, and any other info that can help me, (and others) please. Thanks so much, Eddie
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    can i retire in 5 years starting with 5,000$ ?

    You would be at $1,384,007 if you could make 10% a month, compounding all of your profits month by month. However, it will be more difficult for you to turn your $600 into $1,000 than anything else. If this is your only trading capital, I'd tell you to take it slow and really learn what...
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    Interesting dilemma

    I know that many people will tell you that your broker will do all they can to stop you from making money, I just don't agree. I have taught hundreds of people to trade and many of them make money. They confer with each other about trades and I am sure that there are several people placing...
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    Execution time for a trade

    The fair way to answer this question is in two parts. 1. The execution time should be instant, a second at most, in normal market conditions. This is true for all brokers. 2. When the market is active, during a major news release, the broker can take quite some time to fill you. This is...
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    Selling Short

    I have been teaching people to trade for almost 10 years now, and this continues to be a problem for them. My solution is this. Buy low, sell high...we all know what this means. What we need to include here is that it doesn't matter in which order you do it. Sell high, buy...
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