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No one that have any ideas? Im seriosly looking into either hotspot fx or interactive brokers. Here is someone stating that the broker Hotspot is a bucket shop, even though, the broker states it's an ECN model. "Concur with most of the other ratings and statements. Felt it imperative...

Which is the best retail non bucket shop broker? I know there are ECN type, like IB, Hotspot and MBT etc. I would prefer a total cost that is less than 15 dollar/1 lot, and be able to scalp, which I havn't been able to do with other brokers for an extended period of time. I thought...

Sounds interesting, but it seems like whole new area to digest. Are there any obvious advantages to usual currency trading, or is it good as heding or a complement? Im looking into i t now. So you buy at tops and sell even higher...how profitable have you been since you started with forex...

Mirages: sorry, I dont really understand what you were trying to describe, since im not too knowledgeable when it comes to futures. It's an interesting area,but also a very complicated one? Bigmrfrank: No I closed my account with my broker about 1.5 months ago, have been studying ever since...

Well I would guess that ive over 5000 hours of experience watching charts, as i've been intra day trading/scalping for over 3 years, approximately 6-16 hours a day. It's how I currently make a living. I've only been intraday trading through the study of price action,support and resistance...

Again, thanks for the tips =) They are much appreciated. I know that i owe you many beers now. Well, i do however feel I'm being a bit misinterpreted. Books alone can't of course make you a good trader. My learning plan is as follows: Read a lot. For instance about candlesticks...

Well isn't studying all about "learning"? Im planning to do all the reading,resarching in order to understand things, which i think is necessary to be able to set up a working strategy in the future.

Cabletrader: Well I just think scalping is too time demanding and boring in the longer run(watching the price constantly 16 hours a day). Still, dont you think it is good that someone understand that a lot of time and effort is required to trade successfully, apart from many many others? My...

Cabletrader:You are right. I should have looked more into it. Those were just my spontanous thoughts, just looking at the results. I've previously just been scalping successfully just through experience(no reading)and im in the planning stage now,trying to figure how,and in what order i should...

Cabletrader: I looked into the championship website for expert advisors. The returns of the top 3 were ridiculous. It just seemed too random while I looked at the results. Out of maybe 10 000? participans, im sure a couple of them through randomness can generate a positive return. Or otherwise...

So you are telling me that profitable expert advisors exist? Not that I dont believe it. I'm just sceptical.

I also heard the broker isn't the most reliable one. However, i just wanted to use it for backtesting, and maybe forward testing in demo mode. Or are there problems associated with this too?

Im learning about metatrader 4. How hard is it to learn the MQL-4 language(if you have never programmed before) in order to set up your own expert advisor?

I only tried out the expert advisor with back testing.Didnt even bother forward testing them. All of them generated negative results. And if there are thousands of people trying to mechanize, all with poor results,isnt it reasonable to think that having a 100% mechanized system isnt the easiest...

Yeah I've tried it out. Tried out some expert advisers while I was it. I think I backtested them, with the strategy testing bar(if thats the right way to backtest them?). I tried the 5 most renowned ones-the ones found here http://www.earnforex.com/mt4_expert_advisors.php) These expert...

Thanks for the informative post. I looked into some jim rogers and the triumph of the optimists, these are however a bit geneal and not purely focused on the currency market. I guess there are no book that only focus on the fundamental side of forex? I guess you are referring to some...

Is there a given formula for that? Im currently a scalp trader(tp=5,st=5),but I would want to move on to longer time frames to get more spare time, as scalp trading require constant watching. Any ideas on a good road to take? Im thinking about investing 6 hours of book studying...

But isnt security analysis more about the stock market and investing in general? Didnt find anything when i looked for n slifer.... Ive just done macroeconomics courses, hoping it would give something useful, but it didnt and im starting to get anxious. I just would like to be able to make...

no i meant it was hard to remember that 0.0083% isnt the same thing as 0.83%, which i thought. Does oanda by the way, have widening spreads to 20? Thats only during news?

I would really appreciate if you could recommend me on some true gems? Im looking for some heavy book, giving you a deep understanding about the fundamentals. All the books ive ordered, just barely scrap on it.