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You could say the markets are infinetly complex. That being said there are only a few important elements that actually count; simple really.

In terms of forex I like to think of as entering into a contract. When you short eurusd you are entering into a contract whereby you assume the risk/profit of the dollar gaining in value against the euro. So if your contract/the usd vs euro, gains value you make cashmoney. If the eurusd rate...

Maybe I was a bit harsh, no offence intended to you Bolter. The point remains that it was a quite a simple question. All the joking aside people got very sidetracked on this one. I think there is real relevance (with regards to trading) there.

It does not matter how far apart the cars are, provided they do not crash. It does not matter that the two cars are travelling at all, because if the bird flies for one hour at 60mph it is going to travel 60 miles. It's a pretty basic question, really. And yes there are birds that can fly a lot...

Okay fine, price "drifts" lower all the way to your stop. The point is that adds are being made as price drops. Hmmm, you make a good counter. My view is that scaling in should be done as price goes higher. Giving you the abilty to be right when you're trading size versus being wrong on only...

The problem with this is that idea is that they aren't separate. They are 100% correlated to each other, just because they are entered at different prices doesn't change anything. Your net exposure is increasing as price goes against you. You get a better average price BUT at the same time your...

I look at it this way. Say I enter long at X, what are the two most extreme scenarios? Either price drops like a rock all the way to my stop and I'm adding to my long as it drops eventually getting stopped out, hence I'm wrong when I'm at my biggest. Or, I'm right and the market doesn't go low...

Thanks for all the replies.

My point is that the US Goverment could still make a lot more difficult for Chinese good to enter the US (tarrifs, quotas etc...) and in effect have some leverage over China.

I just don't get it. China exports cheap products and to a large extent the US is the recepient of these goods. Yet China doesn't have a free floating currency and it essentially manipulates it to ensure a weaker yuan and more money from exports. Meanwhile the US soaks up the "artificially...

I don't think goog is done quite yet. Looks to me like there's more left.

Do a search for Oanda.

You made 3.622% in 4 and a half months of trading. No-offence but that's pretty poor for a guy who rates himself as "the best forex trader in the world".

You lost 2.5% of your account and that make you feel like a failure?! Save yourself the pain and stop trading.

I think you guys give the Fed way too much credit for controling macro economic events. Could Greenspan really have prevented the tech bubble? From Caroline Baum's article "Why would a better economic environment cause investors to be more careless?'' asked Jim Glassman, senior U.S...

i'm not inclined to start a journal at this point es, but this may change later. anyways if someone wants to know more about my version of the "volatility grabber" - as you've named it - they are welcome to ask.

i think you're on the right track here. are you going to test it in this journal?

good to see you're still slogging it out es. i love checking up on it to see what progress you've made. regarding your volatility grabber here's an idea for you to test. try making your targets larger than your increment spacings. eg. if you're buying every 20 pips try going for targets of a...

those trends actually appeal to me believe it or not since they often have more volatility. the baggage on those open trades will be huge in terms of the number of pips BUT as your account balance (realised) and trade size on new trades keeps growing that baggage is significantly less in...

if the market goes up i sell. if it is up more the next day i sell again and so it continues, all the while taking profits on earlier longs, until the market drops. i then take profits on the short while simultaneously buying on the way down. then when it goes up again the cycle repeats itself...