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That's pathetic. I also notice that when I ask basic questions, I inevitably get a nasty remark thrown at me somewhere for absolutely no valid reason. I come here to learn, and the attitude is "You're an idiot, go away". This particular forum is mentioned in a few trading books, but it's a...

In that case, there would be no section called "Feedback" :) Obviously I don't run this forum, I know this takes time and money, and moderating is also difficult work. I just think its a shame things are this way, it's like a spoon of tar in a barrel of honey.

I also think that targeting an individual customer is a bit inefficient. I mean, if they did that then basically all they're doing is robbing each customer full time. The way I see it, the statistics of failure with retail traders are so high that the brokerage shouldn't have to cheat in order...

I hear you. The problem is that there's no way you're going to find out who's a professional trader. Doctors, attorneys, real estate agents have licenses to practice. Conversely, you don't need a Series 7 to be a trader. Retail traders don't have bosses to answer to, or customers to be...

I think it definitely does, excellent observation! Anyone who expounds abusive behavior is apparently not secure in what they know and what they're doing.

There are rude people in every profession. But a professional forum should be a place where respect is ever present. People who have negative and abusive attitudes are not creating an environment for learning and passing on knowledge. People who attack, abuse, and ridicule others (esp...

Hello, I wanted to say that this is overall an informative place to be and it is well organized. However, I am very frustrated because it seems that virtually every post I go through, there is always a case of one poster verbally assaulting another. Whatsmore, it seems that this hostility...

Hi all, I'm also a beginner, and I constantly hear people complaining about "bucket shops" and getting their stops purposely run. But realistically speaking, I don't see how a broker would find it worth their time to attack someone's personal stop setting. My feeling from what I was told...

Thanks for all the thoughts... Here's then a likely scenario: Year one you break even, maybe are slightly positive. You have a chance. Year two you suffer a few drawdowns, are getting better but your income is still uneven. Year three you suffer less drawdowns... etc. So...

I see the point in that. The problem is that from a practical point of view, you need to live somehow when you're learning to become profitable. If you're starting a regular mom n' pop type of store, you usually should be able to see some positive earnings come in within a year. I've...

I've heard of the 10,000 hrs/5 yrs rule before, and yes, it makes sense. The question is what kind of pressure should you put on yourself to get to that level? If you are a 100% trader, that is you have no other occupation but that, then you have the pressure to be profitable to make the...

I remember I read about daytraders in India, they sat at internet cafes all day long and traded. They figure its a better way to live off that than to be a farmer. Problem is I'm assuming they eat what they kill, and when you're starting you probably want to compound your money so you get a...

Okay, but when you're simulation trading you won't be acting exactly the same way when you put the money down, right? :)

Hi all, I'm sure quite a few of you have had the issue - you want to trade, you have a fairly small account and you want to reinvest and build it up. You want to give 100% of yourself to trading, or as much of yourself as you can. You have expenses, you have food, medical insurance, and...

Hello all, In studying charts that go back way when, I noticed that some of the Euro pairs have data that goes back into the 70's. Since the Euro wasn't in existence until 1995, how is it that these charts go back so far? I gather maybe it replaced another currency pair, i.e. the German mark...

An excellent new system that makes your jobs much easier. See attached :)

The author of Forex Monster shows you how you can make a huge difference in your account all in one night, with practically no experience at all!!! See attached...

Maybe it doesn't affect NFA now, but once again, precedent is a powerful thing in US law. All it takes is a lawsuit against an NFA brokerage and before you know it, the NFA will come under increasing pressure to adopt stricter regulations. What regulation are they going to look at as the...

I would not be surprised if the 1.5:1 ratio is being used as a negotiations gambit by FINRA. In other words, FINRA may have a target leverage of 4:1 or 10:1, but figures its best to ask for something more severe so they'd have to meet in the middle. SEC: "Hmmm, well 1.5:1 is not really...

I wrote the following to the SEC's Trading and Markets department (tradingandmarkets@sec.gov), they ask you include a phone number. I suggest anyone who doesn't like this rule write them and make your opinion known... Dear Sir or Madam: I am a new retail trader who is trading the over...