Recent content by Ferdinand

I went from demo to live because of EUR/CHF. This is from memory so feel free to pick it apart but I think 1.5 was the big level at the time. Seeing this work (profiting from SNB intervention) amazed me. To me "intervention trade" meant trading on the side of the intervention. Looking back...

Is there any consensus on a good US forex broker? I'm looking for basic stuff, doesn't go down, stops execute, etc etc. I have used Thinkorswim (terrible at the time), Alpari UK (terrible at the time), and Dukascopy (great, until they quit allowing US-based accounts).

I would say rather than volume drying up, the lack of volume is normal and the increase in volume was the anomaly. It looks like 12.00 was a more significant level, as it held for a couple months and then broke through on a huge volume spike. I think you've done a good job identifying...

Good luck to you. My advice would be start even smaller. If you have a system that is truly sustainable, what's the hurry? Start carefully and give it time to prove itself. There is a lot to be said about automated trading. Fills, how you are going to deal with drawdowns, planning the...

I thought I would turn on cable tv and be told how to make millions trading.

I see you've posted a lot of threads about "XXX doesn't work." Trading is really hard. Everyone knows where support and resistance are. That's why it gets gamey and frustrating around those levels. The elusive "edge" is in using your experience and skill as a trader -- not to trade it...

It took me 16 months to get consistently profitable. From there I have definitely had some 0 months but I rarely have a losing month and overall have been able to support myself from trading. But barely. I'm single and get by on very little. This is my 5th year, which is almost hard to...

My personal take is that HFT has taken a lot of the traditional daytrading potential. I try to trade for the "real" move. I want to be in something when it is moving with some intensity. So the huge majority of the time, HFT is to be avoided, not beat. So there is less opportunity for we...

I am looking for someone who trades similarly to me to talk with. Not necessarily profit from or get ideas from, just talk with. I love trading, I love talking about trading, and my normal friends are sick of it. I've worked at a prop firm for 5 years and I pay the bills this way. I'm not...

That is a fun game. It seems like you can only trade off one price based on the daily chart, whereas live you can close out mid day, or close half your position, etc. Anyway the initial post seems to indicate that technical analysis should always provide an answer of what you should be doing...

It's easy to be nasty and laugh at that guy but I feel for him. I'm guessing most of us, if honest, have been in SOME situation not all that dissimilar at some point. As eganon indicated, I would say based on that video the guy was too big for one. He just didn't seem that experienced. Also...

I always thought of it this way: Bidding: pro - you may get the lower price con - you may not get filled at all Taking the offer: pro - you get the stock con - you pay the higher price In other words, you pay more to insure your order is completed. I think this is more important on a very...

I agree with what people are saying here about consistency vs gambling. If you are trying to have one hit and be done, that is gambling. If you want to trade for a living you have to be consistent on a larger timeframe. I think there are only two options for this: - small losses, outsized...