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I made $10. I feel like a real winner!

Hi, Could anyone give me some tips on how to trade on an exchange where I can see all the bids and offers of other participants? I saw the way such trading was done at a prop shop and it looked interesting. I'm also interested in trying this out on online betting exchanges as I'll be able...

Hi Rezo, Thanks for the encouragement. I think I'll keep on bashing away at the FX trading, though if my P/L drops to -5% I'll go back to paper trading for a while. I haven't really kept good records, but my average risk:reward is probably around 1:4. I try to keep it to atleast 1:3 as...

Hi, Thanks for all the advice, I think that I shall now try to - Keep a better log of my trades and spend more time analysing them after they've closed. - Follow the threads of Rezo. - Read MoneyTec. Are either of these books worth reading? - Trader Vic II: Principles of...

Hi, I aspire to become a prop trader and am applying to prop firms. They don't really seem to pay much to trainees, but it's something I'd really like to try. The problem is that I have an easy mindless job paying $60k that I'll be throwing in to take a prop position. And if I'm not...

Thank you for your positive feedback.

vhehn, I'm attempting to master the art of Swing Trading the Forex markets. I don't trade stocks. Mauzj.

Hi, I've been trading with Oanda (real cash) for a couple of months. I am exclusively using technical analysis and risk 0.5% per trade. My planned holding period is just a few days. I do all charting on Sunday, place my orders, and then let the trades go. The problem is that I'm down 2%...

I tried buying penny stocks that couldn't go down further. Invensys made me 40%. But if I'd held I'd have 350% now. I also have a paper profit of 50% on QA. I'm determined to hold that until I have atleast 1000% return!

Spreadbetting on sports events can be fun. The prices move around depending on supply and demand, news, sporting results etc... However, bookies ban you if you're any good.

Hi, I'm not too sure if this counts as trading, but has anyone here had any experience of trading a fund that's used to speculate on the outcomes of sporting events (i.e. sports betting)? I find it hard to just breakeven trading FX, but know several people (including myself) who have taken...

Could you give me some tips on where to look?

Are there any forms of arbitrage that are available to small traders who don't work for big firms with lots of capital? Thanks, Mau

opm8, I'm hoping to work for either a prop shop or IB (I've been rejected from a lot of prop shops due to a lack of experience and grad recruitment is starting with the IB's so that's what I'm aiming for at the moment). Grad positions for IB's don't require that much experience, but I need...

Hi, I've started trading FX with Oanda with the aim of getting some real trading experience to put on my CV, for talking about in interviews and to learn trading for trading's sake. How much should I trade to be taken seriously? I have put $1,000 into my account and risk about 0.5% per...

Hi, Could anyone recommend a decent free online charting tool that will let me - plot FX - plot numerous charts on different time scales - add trend lines, moving averages - save my settings I used to use the tool on PFXTrade, but that seems to have been down lately. I looked at...

Today was not a good day. I lost both my trades. 6th June 2003 Time: 0830 Short at 1.1829 S/L: 1.1849 T/P: 1.1780 Reward:Risk – 5:2 http://www.financialcharting.com/20030606a.gif http://www.financialcharting.com/20030606b.gif Prior Analysis: Daily Chart – The price...

NihabaAshi, The product is the Euro/US Dollar exchange rate. I'm not sure if it has a symbol - I just use the free charts from http://www.pfxtrade.com. Thanks for looking at my trades, I'd appreciate any feedback that you have. Regards, The Stats Monkey.

5th June 2003-06-05 22:11 GMT Long at 1.1641 Stop Loss 1.1588 Target 1.1800 Reward:Risk – 3:1 http://www.financialcharting.com/JonsOanda.20030604_end1.gif http://www.financialcharting.com/JonsOanda.20030604_end2.gif Prior Analysis Daily chart: - The price dropped near the...

NihabaAshi, On the charts, the green upwards arrows indicate buying and the red downwards arrows indicate selling. Red squares indicate stops. I also grouped trades by drawing lines around them. I aim to trade purely on technial analysis. I've read a few books and do not believe that I...