Recent content by jiacopel85

Why not build when things are cheaper? Builders that have been around a while and have liquid cash can afford to buy cheaper land at these prices. I'm sure some non-union contractors are willing to do the job for cheaper these days as well. May as well build and just sit on it. They'll get a...

Post some signals.

This market is so huge and people have so many reasons for buying and selling, that it would be almost impossible to prove even if it was illegal.

What difference does it make? As long as you keep the same lot size, your risk is still the same except it costs you $200 to buy one lot instead of $50. I'm assuming that you wouldn't be trading more than one mini lot for $500 in trading capital. After getting into one lot, you have $300...

I don't know why people make a big deal about high leverage being a bad thing. What matters is how many lots you trade. I trade one $100k lot for every $10k in trading capital at 100:1 margin. Whether or not that's aggressive compared to most I'm not really sure, but I've never blown out my...

I think that what you are talking about has nothing to do with slippage. As you said, your limit order sometimes does not get filled because of the spread. After watching the forex markets for a while, I noticed that brokers like to hit stops rather than limits. When I was new at this, I used...

I'm not using Qcharts or Amibroker either to identify the cycles. I just look at the daily chart going back 6 months and do as you said. I count 6-8 days back from a top or 6-8 days up from a bottom. It doesn't take as long as it sounds. Each chart takes me about 5-10 minutes. If a stock...

Since there is no centralized exchange in forex, it is impossible to accurately know the volume in forex. My charting software shows tick-volume, which works ok but it's pretty much useless when the market is dead like during asian session. I attached a 60-min chart to show you what I mean...

I got into trading 4 years ago when I was 14. I was paper trading and was quite good at it during that 1999 bull run, and my parents finally let me open up a very small account in early 2000, and I wound up losing a very large chunk of my account with a couple stupid tech stocks. After that, I...

garfangle, If you shorted 1 lot of USD/CAD back in Decemeber and gained 2109 pips, you would would have made about $15606.60, not $2109. One pip on the USD/CAD is worth about $7.40. A 1460% profit in 7 months is not bad IMO.

I just reformatted the HD on one of my old computers last week. It's not very difficult, just create a boot disk and follow this site: http://tech.jmwebdesigns.com/software/expert/reformat.html step by step.

I always laugh when people complain about the spreads in forex. Who cares about 2 pips when the rewards in this market are so huge? A good size move is not 8 pips. A good size move is more like 80 pips. I find that many emini traders do not understand how to trade this market because they...

Moneytec.com also has some forex forums, but I would be interested in a fx forum at Elite.

I've been daytrading forex for about a year. To me, the spread isn't really a big deal and you get used to it after a while. If you are hesitant to get into trading forex because of a 4-5 pip spread, don't even bother trading it. I've daytraded stocks in the past, but forex is more profitable...

That's funny. I saw Soros on tv a few weeks ago talking about the "ethics of today's business world." How would a person go about getting some good inside info anyway? It seems like all the wealthy are doing it these days, and I want to do it too. If 1% of market participants are insiders...