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Hi Rubb, By definition, zero sum games like the Futures or the Forex markets do not create wealth (except for the brokers of course!), they just transfer money from the losers to the winners. On the other hand, the stock market creates real wealth, in the long run all the traders could...

Stocks and Commodities Magazine: http://www.traders.com/ SFO Magazine: http://www.sfomagazine.com/ Futures Magazine: http://www.futuresmag.com/ Currency Trader Magazine: http://www.currencytradermag.com/ Traders Magazine: http://www.tradersmagazine.com/ Active Trader Magazine...

Just this time I have to agree with Drownpruf, "just below...something" does not mean a thing in trading. It's like calling your bank and saying "Hi John, I want you to wire just under 500K to my Swiss bank account".

?? :confused: There is absolutely no confusion, all I am saying is that the trader needs to have a very large starting capital to make a living trading stocks (because stock brokers offer zero leverage). On the other hand the same trader can turn a relatively modest starting capital into...

Nope. In trading and as far as leverage is concerned, there is only reality and...fantasy. Correct, Rubb. But once again, the leverage is set by your broker and does NOT change. You cannot trade with 500:1 leverage on Monday and 200:1 leverage on Tuesday, for example. The ONLY thing you...

No! Most Forex platforms are set at 50:1 leverage, by the broker. That simply means your FX broker allows you to control 50 dollars with only 1 dollar. Now suppose you have $5,000 in your Forex account. You buy 1 mini EUR/USD lot (10K, so 1 pip is worth $1) and your stop is 100 pips ($100)...

Houston, we have a problem! :D 85% of the time you will pocket 15 pips = 1275 pips 15% of the time you will lose 100 pips = -1500 pips. In the long run you will lose 225 pips per hundred trades. And I am not even adding the spread.

There is no such thing as "crazy" leverage. I trade the Forex with 50 to 1 leverage but I only risk less than 2% on each position. In fact the amount of leverage offered by your broker does not matter a bit, what truly counts is the percentage of your capital you allocate to each trade...

Pros: There are thousands and thousands of stocks so the trader can ALWAYS find the exact winning chart pattern or trade setup he is looking for... every single day! For me it is a huge advantage that Forex or Futures traders (like myself) simply do not have. Cons: No leverage (or 2 to 1 at...

On the 15 min chart, the USD/JPY is dancing inside an ascending channel. This is usually a bearish formation.

What time frame are you watching? You cannot talk about a potential breakout without giving the time frame, it simply does not make sense.

Take a look at this video, Jem, it will explain how the whole freaking monetary and banking scam (err... I mean "system") work. https://www.youtube.com/watch?v=iFDe5kUUyT0

What demand my friend, the US is the biggest debtor on earth! The only thing that "appreciates" in this country, and elsewhere in the rest of the world? The price of stuff (food, rent, you name it). For the simple reason that we are constantly printing money out of thin air while creating more...

??

A variable spread is not a guarantee that your FX broker will be honest...

Are you still long the USD/CAD? Seems like your stop was triggered. I will be shorting this pair as soon as I have confirmation.

I am assuming NOTHING, it's a fact and you know it, so stop playing dumb. AND STOP FEEDING BULLSHIT TO THE PUBLIC, ENOUGH OF YOUR LIES ALREADY, YOU AND ALL THE ILLUMINATI/BANKSTERS THAT YOU PROBABLY REPRESENT!! :mad: Again, here are the facts, and the facts only...

What are you, a freaking comedian? :mad: That money is NOT destroyed, that's a big fat lie, especially when you consider that 97% of the US money exists in digital form, not real banknotes and coins. When people get a fractional reserve loan from a bank, they usually deposit that money in...

It's not only corrupt, it's evil and diabolical in nature: https://www.youtube.com/watch?v=iFDe5kUUyT0&feature=kp

Yes, but the market only need to move 8 pips against you to trigger your 10 pip stop. You on the other hand must win 12 pips to collect 10 pips. See the problem here? But make no mistake, 90% of traders lose money in the long run because of this seemingly harmless spread (and/or...