Search results

Without the "get-rich quick" people, it would have been a lot less opportunities in trading. And think about all these "services" that would not be able to sell anything. Not to speak of all the courses, books and websites that have just this group in mind.

Here are the real statistics for forex-trades.... https://www.bis.org/statistics/rpfx19_fx.htm

So then we know to stay away from MQL Blue. If they need to start crappy self-promotion threads in forums they cannot possibly be any good.

Agree with AbbotAle and shadybee. Did a lot of stupid decisions back in the days. Experience, practice and about 3000 books later, it works out a lot better today :-)

I can recommend Oanda. No problem withdrawing from them

I have registered with Oanda as a person and for a corporate account. The prior was smooth sailing while the second took months to get approved. Did you registrate as a corporation?

Start with CFDs. Then you can trade $100 instead

But if I am not completely off, there are restrictions for US citizens that they cannot trade those kind of instruments?

Oand Oanda has soybean and wheat of the grains

Or one could download data for free back to 2002 with Oanda's api. And yes, one could buy as well if you want the convenience. I will sell 528 GB with forex-data if you give me a good price ;-)

Does that matter? It is just to get started. And with a practice account......

Yes. For those candidates you have arrived at the right place. Almost any Elitetrader can probably qualify ;-)

Depends. Preferrably under an hour, but occationally weeks.

Most years have been within the 40-60% range. This is the first dismal year, where I ended up on the wrong side of a few trades back in March when the market went bonkers. So I am only up around 9 % so far this year....

I trade forex and commodities. The models are relatively similar. If it doesn’t work on one, it probably doesn’t work on the other either. However, there are obvious differences when it come to volatility and so forth, as well as positionsizes. But they are very similar. Started backtesting...

I have been using a lot. Or maybe more correctly a dozen but with a zillion different versions. Most of the time, I run about 20 versions of my main implementations, to see how the versions are performing. Then I will get rid of the poorest performers and build further on what works

Probably 3000 finance books, a masters in data science and a lot of trial and error. (Did not know any data science when I started in 2014). However, I have always been a «finance nerd» and have worked about 5 years in investment banks as a broker as well as analyst. But I have done the work...

Download from Oanda thru their API. You can get free data back to 2002 for most forex-pairs

I think it as excellent idea. I did the same thing back in 2014 when I started. My first algo was 200/50 moving average. Obviously not a moneymaker, but it was the first step to where I am today with external investors and a good track record

It really varies. Some month it is more than my paycheck, and the next I hardly break even.