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Hi Mike, I don't scalp but I can offer my point of view on currency trading. Currencies are not the same as equities, indices, etc. in a fundamental way. A stock price represents the price of a single underlying entity (an index, the average value of a group of entities). But a currency rate...

The best way I can put it is that Oanda is the Apple Computer of the forex brokerage world. Their longtime clients are fanatical about them. That (the fanatical part) may be pushing it, but the company is very innovative in its business approach, and there is an unbelievably strong sense...

This is a great thread idea. There have been too many posts to count here on ET that have dismissed bought systems as unprofitable. However, there is usually a healthy dose of cynacism attached, and this often leaves one questioning the objectivity of the poster. Also, nobody, obviously, has...

Hi Sam, There's a trading site at Yahoo! that focuses on Excel. Its called Xltraders. Should have lots of what you're looking for. Here's the URL. http://groups.yahoo.com/group/xltraders/ Regards, chaos

Hey, hit the call waiting button - you got another Toronto call coming in.:D

When we're passing the praise around here, let's not forget about Jack. He's the man that got this started. Then again, there was probably somebody behind him - probably a woman! LOL (note: i posted this before seeing bdixon's previous post) chaos

Another self-taught trader here, a little more than a year in the game. In fact, I don't even know another trader personally, so i couldn't have had a mentor if I wanted one.:mad: Well, I suppose I could have paid for one. The only traders I've ever met (except for once when I attended a...

Overload = ignore

Hi Rezo, Yes, I try to drop by here as well as a few other forums on a semi-regular basis to keep in touch, but I've been too busy working to do much posting. In future, I hope to correct that imbalance.:) Regards, chaos

Rezo, Just keep in mind where garbage like the post above comes from. Small minds. Petty minds. People who have nothing to offer but vile and personal invective. This is a public forum, so what can we do to prevent it? Let's hope the moderator is on the ball and gets rid of it quickly. I...

Hi clandestine, Oanda is open for business 24/7. During weekends, when liquidity is low because most other brokers are closed, it widens the spread on the EURUSD, GBPUSD, USDJPY, USDCHF and several other pairs to 10 pips. The spreads begin to widen in the afternoon on Friday and reach 10 pips...

Hi Okwan, I've trade with Oanda for nine months now and have never been requoted. Also, my fills have always been instantenous. No exceptions. You should know that Oanda has a flexible spread policy, so while they maintain pretty much the lowest spreads in the industry during normal...

No, he did say 30 pips per week. That's the average result he says his students make, after figuring in their losing weeks. One thing I will say about him: I can't fault him for overpromising. Regards, chaos

I cut out before it ended as well, so I didn't catch the price.

Wallace, I want some of whatever you're smoking. But seriously, I'll give you the benefit of the doubt. "3000" must be a typo, right? Regards, chaos

It was a free seminar so I guess we got what we paid for. chaos

Bluesky, LOL, I attended the same seminar. I was hoping to learn something new about trading forex but, unfortunately, it turned out to be purely a sales exercise. My suggestion to you would be to give Najam wide berth. Even if he has something to offer (and most trading 'educators' will...

Hi Bundlemaker, For years I suffered from severe back pain caused by muscle spasms. I tried strengthening excercises, muscle relaxants, massage, physio - you name it. Some of these "solutions" brought me short-term relief, which was much welcomed. But nothing worked to prevent another spasm...

Hi Michael, I just called Linksys support and was told that as long as my router was working properly (no problems connecting or dropped connections) I should stay away from the upgrade as it could cause problems with the settings. I'm not that computer savvy so I just left it at that...

Hi cvds16, If your style is to do frequent scalp trades for small profit targets, then a pip or two difference in the spread will add up quickly. But if you trade a currency only once every several days for relatively large profit targets, as I do, then a pip or two is not going to make a lot...