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cash advance then wire transfer

Sorry, my English is far from perfect. The US labor market is indeed close to full employment thanks to millions of people like me sitting at home in slacks (hopefully not all of them day trading). Ms. Yellen mentioned us recently saying that there is some slack in the labor market (rather...

June 14 was the day of my heaviest losses: -2.4K That was the day after I read the chapter "Basic Concepts of Trend" in the book of the wise man John Murphy. I decided to catch the trend and was jumping on every little move. Somehow I managed to lose more than 70 pips even though the price was...

How can I get my NAV on a day by day basis on one screen? I only see how to get a statement at a particular point in time. I still have not mastered this IB platform..

If I opened 5K account, I would have lost it already. Don't you people say that being undercapitalized is bad? I don't expect to become a good trader in two months. But I don't think that someone who earns $200 per day on average (which is my initial goal) is a good trader. I think it's quite...

I am not debating anyone. This is my journal. Thanks!

Of course, I do not expect to blow up my account. I expect to win $10K by the end of summer. I just meant that there is nothing tragic in blowing up an account. Many successful traders did it in the beginning. I promise that I will be giving updates to the end. I hope it will become a #1 hall of...

No, my friend is not a quant. He has a non-profit background.

Thanks!

Thanks!

No, I am not repeating the same mistakes. First of all, I am not scared at all. Second of all, I lost money not because of over-betting but due to revenge trading, which I won't do again. My equity low was at $9.6K. Since then I rebounded a bit. More importantly last Friday I lost $450, which...

My earning power is more than 100K. Don't forget that I gave myself time until the end of summer. If I am not successful by then, I will find a job (unless US goes into recession, that is).

I am not a troll. And no reason to feel sad for me. 15K is not a big sum for me. I can afford to lose it. I disagree with your statement. Not all of them blow up. Most of them, yes. But not all of them. Some extremely lucky people succeed.

I can do that but I would not advise you to make bets against me. I am learning fast and not going to repeat the same mistakes again. I have a sound plan. Basically I think that dollar is going to weaken considerably in the near future as the FED will continue to keep low rates due to weak...

A few words about my methodology in those first days.. As I said, I had always thought that trading (not only retail but in general) is a stupid activity. I learned Efficient Market Hypothesis in school. I knew that it was not possible to systematically beat the market. It is also not possible...

My first days.. So, in a previous post I explained how I decided to try day trading. Why did I choose Forex? I chose Forex because of its high leverage primarily. The only way to grow capital quickly is to use leverage, so that's why Forex. But also Forex was conceptually clear to me. It's a...

I usually trade with 30:1 margin. Also, the wise man John Murphy said in his book that one should increase his commitments at equity troughs. Unfortunately due to my reduced account size I cannot trade EUR 400K any longer like I used to when I incurred my losses. So for some time I thought about...

I will do it a bit later. I actually started trading at the end of April, but I did not trade every day. After a week of trading in the beginning of May, I stopped and resumed trading in the last week of May. Three weeks is the total cumulative time I traded. When I had $15K I usually traded...

I woke up at 4:00am and found out that I was stopped out. You were right! But at the moment when I made the trade it was not at all clear the uptrend in EUR reached the peak and was going down. The wise man John Murphy said in the book I am reading now that a trend in motion is more likely to...

Ok, I just made a trade: bought EUR 150K at 1.1378. Put a stop at 1.13695. I wanted to not sleep this night and start trading after London opens, but after a week of waking up at 2:30am every night I got tired. I decided to sleep tonight. Let's see what the morning will bring me. Pretty excited...