Recent content by nazsmith

Just visiting ET and of course I'm reminded of why I didn't like this forum. "... it sounds logically correct . . ." This is one of the last places from which to expect any logical thinking or commentary. (However, there are a few posters who think logically here.) I don't understand why...

When did I deny that? So the point of your post was to simply compare the whole forex industry to the snake oil industry? I thought it was somehow addressing my statements, which you still haven't done. And if I assumed incorrectly, I apologize as I did before. If I knew the purpose was to...

I really don't see how that post is relevant to what I've said. Since you're quoting me, could you explain how a supplement infomercial applies to someone working hard and dedicating themselves to achieve a goal? I'm not talking about supplements, snake oil, or religion. I'm talking about not...

Wow! I can't believe that one goes back to 2001. Thanks to everyone for such quick responses. Now, off to do several weeks of homework . . .

I agree it would be difficult to do any of that. I don't believe one can arbitrarily state everyone has the same dismal probability. If someone trained for years at golf, starting from a very young age, s/he would be able to *Individually* assess if they can beat Tiger. The same with the...

Is anyone aware of a site or source from which I can obtain historical news/economic releases as related to the currency market? Thanks in advance.

I'm very interested in seeing the results. I've noticed many other threads starting with a premise to post all trades only to ultimately trail off into the land of nowhere. So, if anything, I hope you continue posting on this thread. I think it's totally possible to consistently earn 5%...

I guess it depends on the temperament, psychology, risk tolerance, and general ability of the person. I've traded stocks for awhile and am still under a year in forex. However, I've been making 10-20% monthly on the forex with a very low lose to win ratio. Once every other millenia, I'd hit...

Therein lies many assumptions, and we know what they say when you assume. The main assumption is that I have somehow become "authority" or "expert" on forex. I don't believe "anyone reading that" would think I'm an expert, because I believe most ET readers are somewhat intelligent. I would...

And if the first trade is a loss (unlikely, I know) who has come out ahead? I guess this one's open to debate: Trader A has 5000, and can no longer trade. Trader B has 5000 and can trade with anything from 10 to 5000. And if the third loss is a trade ("50% in this case") who has come out...

And yet we inevitably have redundant posts emphasizing risk and the fact that FX is not easy. In future posts, to save time, I will refer to the importance of money management, doing your own DD and the difficulty of FX as "yada yada." I still believe that FX offers great opportunities...

Also, I made no contention that smaller lots contribute to the feasibility of percentage goals (WTF?). Those are totally independent statements. I even tried to signify that by using separate paragraphs.

To Illiquid: Yes, the yahoo statement's somewhat right. Late Apex already stated it (excellent post! Should that be required reading?),but I knew my simple example could garner more understanding. Maybe the popular denotation of "exponential" has people thinking in terms of millions...

Where did you get the "three months" figure?