Recent content by Nagelis

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    Is Tom Hougaard the real deal?

    Nope, not making assumptions at all. It is as sure as death and taxes. I would think that most of you guys - very experienced market participants/traders - know that these things go on in the retail FX market. Have I personally seen or witnessed it? No, because it would not be shown to me...
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    Is Tom Hougaard the real deal?

    With respect to my previous reply, here you can get the low down of one of the big forex scandals / The Cartel in chat rooms: Forex scandal - Wikipedia
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    Is Tom Hougaard the real deal?

    My days as trader date from before the power of the algos. But I saw them being built in my latter years. It was all done by PhD´s and quants, not so much by traders. They often discussed how we would execute trades and orders to implement it in their programs. When I worked in several...
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    Is Tom Hougaard the real deal?

    I can talk to you at length / in detail about that. But I will be brief here. For example, Tom himself has complained there are loads of scammers using his ID, his pictures (he even posted the scammers websites , marketing materials etc), selling his trading signals, even using similar...
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    Is Tom Hougaard the real deal?

    Thanks & good point. I might do. I think Tom will read this anyway or his assistants will surely do and alert him. I myself googled "Tom Hougaard reviews" and that´s how I ended up here, not having posted anything here for 13 years. I was just interested what you guys / independent...
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    Is Tom Hougaard the real deal?

    Here are my findings FWIW. Intrigued by hearing a lot about him, I have been following Tom´s live trading for several months now. I do firmly believe that Tom, as a person, is a solid, honest, straightforward guy. He does not charge anything to any one for the knowledge he shares, he does not...
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    ES Journal Archive (2009 - 2010)

    Joseph de Maistre (1753-1821) wrote in 1811: “Toute nation a le gouvernement qu’elle merite.” ("Every nation has the government it deserves.") De Maistre was credited with the saying in the 19th century, but it became popular in the United States in the 20th century, frequently without...
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    Forex, worst trading market? Retail vs. Institutional

    In academic terms, this is correct. In practical terms: this is not ''trading'' but ''investing''. How many carry trades would you do every day? The point of a carry trade is to buy the high yielding currency / sell the low yielder, and then SIT on that position, i.e. carry it for months in...
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    Forex, worst trading market? Retail vs. Institutional

    Interesting link, thanks. The carry trade does work indeed, but I wouldn't recommend anyone to use 50:1 leverage whilst using this strategy... Chances are your account will have blown up in a few hours time. The carry trade does mainly work for investors. Check out ''Uridashi Bonds'' as...
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    Forex, worst trading market? Retail vs. Institutional

    They trend 10% of the time only, if that much at all, as proven by lots of hedge fund papers and academic discussions. What happens in the meantime is purely driven by the short term algo guys who play the range, play mean reversion or, last but not least, gun for a few points only per trade...
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    TraderHouse, Andy Shearman, Moneymap

    A bit late (I only see this thread now), but here goes: I have been a Moneymap software user and client for years and can only recommend it, depending on what you intend to do in FX and what you realistically expect from supportive trading software. If you are really serious about...
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    Forex, worst trading market? Retail vs. Institutional

    And another few points: FX is totally dominated by very short term high frequency FX algo players which are only in the market for seconds to a few minutes maximum. Fully automated algo's or high volume manual scalpers. They are the ones that cause the moves and make consistent money with...
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    Forex, worst trading market? Retail vs. Institutional

    Traded FX all my life, still do, both institutional (100 % systematic, autotrading, multi currency pairs, swing trading, low leverage) and retail (50% systematic with discretionary overlay, high frequency, high leverage, scalping, focus on max 3-4 ccy pairs...). No question in my mind it is...
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    FXCM - platform servers went down

    Jason, No probs, I understood from your profile you are FXCM ambassador on ET, so I thought you might have known. My apols if that isn't the case.
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    FXCM - platform servers went down

    I take it that the answer to my question above is a yes then since you ignored that.
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