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We get oil.

You will most likely still lose because of a couple of reasons. Your system is most likely designed to take advantage of "Choppy" markets or "Trendy" markets. Losing that many trades can happen if you get a really trendy day and your system is designed for chop, vice versa. So you might...

Exactly my point. "The Olden Days" where people wrote checks. It wont be long till we say "The Olden Days" where people paid with cash. It wouldn't surprise me if within the next 20 years 90% of people paid with some form of digital payment. So my question is, is it fair just because the form of...

I also trade the Forex market. Forex is a tough market to handle mentally for me because there is so much price fluctuation. You can get in on a trade and swing positive and negative 10 or 15 times before your profit target is hit. My advice to you is to develop an ATM strategy, that is...

No one. If you own shares of stock, you own an asset. Similarly, if you own an oil well you own an asset. If the value of an asset you own goes up, you make money; if the value of an asset you own goes down, you lose money. No one else makes or loses money because you are the sole owner of...

The benefit of thse fees is extraordinarily higher than the risk of default by CC holders. All the costs for CC companies have gone down, but the fees go up. http://www.consumeraffairs.com/news04/2005/credit_card_fees.html

Gross Domestic Product 1940: 101.4 Billion, 1950: 293.8 Billion Personal Consumption 1940: 71.3 Billion, 1950: 192.2 Billion Exports: 1940: 4.9 billion 1950: 12.4 Billion Population: 1940: 132 million 1950: 151 million...

I'm talking about most small businesses that do not have the means nor capability to offer their own credit card. I'd be happy if Walmart would be able to get that going as that would be a step in the right direction. But the main problem is a lot of small business family owners of FRANCHISES...

Who thinks it is unfair for businesses to be charged service fee's for credit cards/debit cards? It takes a lot out of their bottom line and in some areas, it is being used MORE than cash, more so in specific businesses. If in the future cash becomes obsolete, and let us say 90% of...

Oliver, The way I like to test my strategy is to use a "Live Replay" of pre-recorded information and fast forward it at 500x speed. I do this with NinjaTrader. Works great.

Ended up making just over 30 pips. Got lucky.

Trust me I learned it the moment the guy on the phone told me the forex is closed.

That did make me feel a little better :)

It's pretty easy to find out the high volume hours. Check out: http://ezinearticles.com/?The-Best-Time-To-Trade-The-Forex-Market&id=403035

Honestly, I know this sounds bad, but I don't know. I just decided to take my knowledge from trading stocks into the FOREX mainly because of it's liquidity and it's hours. I'm new to Forex. I just set the quantity to 2 million in NinjaTrader and click buy at market and it gets filled within...

Sorry bad wording. I meant they are "closed" for Forex trading at that time. Meaning I can't place any more orders.

Placed a short on the EUR/USD at 1.4347 and didn't realize Interactive Brokers closes FX trades FRIDAY! I have to wait till Sunday 5pm est to close the position. 2 million euros. Going to be an interesting weekend. Has anybody made a mistake stupider than this?

In a margin account you do not have to wait 3 days for the funds to settle. You can buy again with your full buying power the next day.

I know there are spreads and that's how the brokers make their money. But I was wondering if it was when you buy AND sell that there is a spread. So if there was an average .05 spread for say EUR/JPY then to buy and sell your spread cost would be .10? So you would need to make more than .10...

Hopefully a lot of people do it. This has gone far enough.