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I found it a good and motivational read just like "Rich dad poor dad". It helps to think of trading/investing/gambling on broader terms. Anyone can do way worse than spebd few bucks and little time to read it. I would definitely recommend it. Regards, redduke

Gee, why these people just can not understand that in the world of nuclear bobms any country that has capability of delivering them anywhere in the world would rather blow itself and the rest of the world up than be conquered. Why can't just they accept this fact and try to live in peace...

Every forex trader needs to read this thread. I have been talking about this stuff for a while. Retial forex traders are not exposed to real forex market, just virtual world of market makers.

I hope you are not surpised. Go with oanda or ib for forex or any broker for currency futures.

Hi FarajL, This is actually not correct. Platforms/instruments/brokers are not things to be faithful to. The moment something better comes out, I'll switch without hesitation. Also, it does not matter where broker sits, you pay taxes based on where you reside. Trading at Swiss...

Just read few on my replies on recent forex threads. I layed it out there.

Thanks a lot guys. This clarifies a lot to me.

Well, that I kind know. But seriously, what is their purpose in today's electronic world?

Comon guys, anybody? I thought anyone who trades NYSE knows this. What is the specialist purpose these days?

Hi Electric, Yep, it does offer more pairs. And if that is what one really needs, than forex it is. Charting is of no concern. May be in the very beginning, but even with 1 standard lot, the cost becomes immaterial. You know the reasons for my devotion to futures over forex...

Oanda is a great forex company. Your choice should be either IB or Oanda if you want to do forex. Oanda is a Canadian company by the way. But I would strongly suggest you to look at CME currency futures. Read my and other threads here where differences between spot fx and currency futures are...

A very successful NYMEX trader Mark Fisher (owner of MBF Clearing) made millions over a simple observation which he later developed into a solid strategy. The observation is that market open is the high or low of a day 20% of time. His strategy is outlined in his book “The logical Trader”...

I do not trade stocks, so know very little about NYSE. The question is when do NYSE specialists intervene in today's electronic world. The stocks are traded electronically where bids/asks are matched faster than human can. Do they only step in when either side liquidity dries up? Or when they...

The fact that you lost the whole account within 2 months is extremely worrisome. You need to read "Fooled by Randomness" by Nassim Taleb where he warns about back swans (unexpected events), in your case bond rally. You would have a difficulty raising capital if you mention this to potential...

Why do you need a backer. With such returns and a bit of patience you are on your way to millionaire domain. What was capital size of which 370k was made? redduke P.S. Udachi

It is quite simple, there will always be pull backs, bounes and break outs. We just exploit them, does not matter who drives them.

Cuase pushing a button or calling a broker is so easy. :)

It is the same or similar thing all over again. Remeber 80s, Levine, Boesky, Milken. It will never stop, the payouts are too huge.

StreamlineTrade, We are once again back to 100,000 figure. I thought it was a matter of speech. Even tough every death is a horrible thing, we are talking about 100s not 100,000s. Not that it would matter to those who lost loved ones. I agree with your point about taken land, but do you...

That is a horrible figure of speech to say of 100,000 innocents murdered. If Arabs would put down the weapons today, there is a good chance of peace. If Israelis put down the weapons today there is a good chance Israel would not exist. Ask yourself honestly, what would you do if you were...