Search results

welcome to the dark side

Mathemagician, Your post is an excellent and succinct explanation of the reasons why fx retailers are not trustworthy. The rationale incentives at work -- none of which operate in favor of the retailers' customers -- are simply too powerful. The retailers exploit and trade against their...

Yesterday afternoon was US treasuries auction, apparently softly bid by foreign central banks.

Look at the connection to gold, specifically gold sell-offs coinciding with Yen strength. I mention that in reply to your post because you are one of two traders I recall first mentioning a connection between these bursts of price action in Yen and gold. Maybe the bursts are caused by...

This is highly disturbing for world economies. We're talking chasms of drawdowns, gargantuan imbalances, currency gambling amuck. Forex 'roid rage, the one and only Nick DeJour.

"You win a cookie" -- Crapgame (Don Rickles) to Fisher, the GI who calculated the value of the gold bars being boosted by the GIs in . . . Kelly's Heroes. Not in same category as the funniest movies ever, but still pretty good.

Here are some more provisions common to the account agreements forex retailers (aka brokers) require customers to sign – again, with camouflage stripped out, and translated into plain language: 1. The quotes we push to your PC will differ from the quotes any other retailer pushes to the...

It might work out better to ask which forex retailers, aka brokers (a misnomer, by the way), to avoid. The process of elimination may be more efficient. Let's see. Take the account agreement forex retailers require customers to sign. The agreements you should avoid, i.e., the brokers who...

You win a cookie (a line, by the way, from another funny film not yet mentioned in the thread)

He'd also "harelip everybody on" the same place.

Maj. Kong, he'd "hairlip everybody on _______"? The place is very near script co-writer Terry Southern's birthplace. Name the state as well.

Demetrius and the Gladiators. Victor Mature, nuff said.

A stop is an intrinsic part of a trade. Without it, risk-for-reward cannot be evaluated. With it, and with the risk/reward judgment that it produces in conjunction with entry and profit target, factors such as trade memory and trade culling -- the latter critical and dependent on the former...

drasfs, are you using a firm that allows you to buy/sell in 1 unit increments? If so, I'm darned to figure out why you've suffered this problem.

About the above steps, some disclaiming is in order. I don’t know if they'll will work, and I don’t plan to use them myself. Sedgwick: Well, let me have it, mate. Danny: Ia vas liubliu. Sedgwick: Ia ia vas... Danny: Liubliu. Sedgwick: Liubliu? Ia vas liubliu. Ia vas liubliu...

Geez, I realize I'm asking to be spoon fed on this, but is the above the same as saying it's a lot better to win all your larger trades and lose only your smaller trades? How much smaller in size do the losers have to be, and/or how much delay occurs in obtaining exponential profits if a couple...

How does the math work in the event (unlikely, I know) that the second trade is a losing trade? And if it is a losing trade, which trader has come out ahead and which one has taken the better risk/reward proposition? Let’s see: Based on your example: Trader A & Trader B start with $10,000...

Apologies for being elliptical: The critical, deciding factor of this thread's proposition for exponential profits is the trader's ability to make winning trades back-to-back-to-back and so on, not (or rather than) the ability to size trades incrementally. Thus, the really important topic is...

Is this the same as saying that you'll make a ton of money if you make winning trades back-to-back-to-back and so on, until the string of successful trades is really long? That's kinda what I figured the thread starter meant when he suggested retail fx offers exponential profits if and when...

Thanks, I knew the ET rapid response team would clear this up pronto. I did, however, want to know if the "unit" is less than something else and, if so, how much less. Exponential profits interest me greatly.