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You are right about that. She appears knowledgable in her writing but I don't think she knows how to trade. Her recent article was titled something like "Why everyone loses in Forex" The title answers the question. Negative thinking. I'll take back my positive remark about her. :D

I'm sorry to say Eagle, that you will find that a good majority who post on this forum are severely diseased with negative thinking. If you say something positive you will be attacked. This of course, is extremlely destructive to the success of anyone who comes here. I find it more helpful...

I read Technical Analysis for Dummies when I first started. Barbara Rockefellar is no dummy. It's not a bad book. But I would say it is a little naive to think that reading trading for dummies and TA for dummies will immediately set you on the path to wealth. There is a lot of trading...

I am also interested in FXDD. I have heard good things and seen them listed with ECN's but they are apparently not really an ECN since their web site features a big picture of their trading floor. I'm not sure what the advantage of trading with them is.

I am well familiar with risk vs reward and money management. The first principle is never trade with your entire account. Once you determine the percentage of your account to put at risk in a trade if that number is a constant, the return will be greater with higher leverage. That may not be...

I have multiple position trades running some of which have gone 200 PIPS negative and have never come anywhere close to a margin call with 200:1. It is the gamblers mentality that would consider risking more of the account at once to trigger a margin call. It is the business mentality that...

That is only true if you trade with your entire account at once. If you choose to risk 2% of your account and that amount happens to be $2000, trading at 200:1 or 400;1 will give you a higher return than 100:1 with LESS risk. It would not be possible to have a margin call doing this. There...

I am not aware that Currenex is available for individual traders to trade with directly. You can trade Currenex through one of their partners such as GFT. GFT has an excellent platform and charts. They are one of the only brokers that I might consider cancelling my subscription for...

I keep hearing people say that it is more risky to use higher leverage. Let's see with 100:1 leverage at 10,000 lot size you risk 100 per lot. At 50:1 you risk 200 per lot. At 200:1 you risk 50 per lot. Which is better? Or if you trade $100 at 100:1 and make 50 PIPS you earn $50. At...

GTS is the FXSolutions Platform. The screenshot is the exact same platform. GlobalFX is apparently a white label of FX Solutions. Or perhaps they are both white labels of another company. Nevertheless FX Solutions offers the ability to make more money than most brokers. They do not...

I agree with Agin. Even though you may have 100:1 or even 200:1 leverage, the broker doesn't call you and ask you to deposit 200X the money if you lose. Your risk is limited to the amount of your deposit in the trade or the amount of your stop loss times # of lots traded times the value per...

I think what you were seeing on USD/CAD is actually a bear flag in a down trend which has been broken. I believe it is headed down.

Trading Wise, I am short EUR/CHF. Due to boredom waiting for a reversal on the majors. This is a position trade with a 7-9 day expected duration. Sold at 1.5447 and currently neg 25 PIPS. I could be wrong but we'll see. I'm sure my broker is trading against me moving the EUR and CHF...

That is an interesting site, Tactica. According to them the GBP/USD is already below it's reversal point. I haven't quite figured out what all that information is about but it seems like there is something useful there.

I don't understand the time frame on that chart, Tactica but that is a very interesting projection. If it is correct there is a long way to go up but there is also currently about 200 PIPS down to below 1.1500. I will see if that site explains further. Thanks.

You were right gorilla. There is a bottom coming soon according to commitments of traders report. But until there is evidence of a new trend it is still down. There is nothing close to a confirmation of a reversal yet. It's 3:44 A.M. my time and I am in profit in the short term by shorting...

I'm not in the EUR/USD yet. But I agree that it is most likely about to head up possibly for the next 3-4 months. I'm waiting for further confirmation but you guys are probably in a good position to hold if you want to stay in. If it does pan out you could trail your stops and keep adding...

I didn't realize I was responsible for coming up with ideas about Forex. I am open to hearing some good ideas myself. Since this is a forum about Forex Trading please share your good ideas about the subject. I am here as a student myself. If it is a Forex slamming site, sorry my...

Here is my personal risk disclaimer: No one ever lost money in a demo account. Learn how to trade then use a sensible risk management plan. Since I'm not a Forex Broker you should contact one and learn how risk works. Your risk is the amount of your stop loss times # of lots divided by the...

I know that FX Solutions has a "flexi account" You can choose your lot size and your leverage instead of having set "Standard", "Mini", and "Super Mini" and 400:1 is one of their options. I think it is an introductory thing and they are obviously targeting the new traders with the $250 minimum...