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No, the death penalty is a state-sanctioned legal penalty for atheism in multiple Islam countries. I have no problem with religions that don't seek to put me to death for my beliefs on religion. Maybe you know better than I do, perhaps there are other religions which I should despise because...

Interesting question. I'm not sure many people, even religious people, would know enough about multiple religions to pass an expert opinion so the polling would only make sense on perceptions of religious intolerance. That doesn't make it invalid though. I vote Islam. I don't know much about...

It was only a matter of time before some pliable lame-brain named this broker.

For me, forex is a cheap and low risk introduction to trading more complex and more varied markets. I know forex is not often regarded as either cheap or low risk - let me explain. I am in the UK. So my risk of fraud by a broker is negligible, we all have client funds protection, segregated...

Take a top-down approach. Decide on the regulator you trust, and pick one of the biggest brokerages within their jurisdiction. Remember that brokers invariably advertise their tightest spreads, but these can increase to 10+ times normal when the market is thin or news is anticipated.

Indeed. The purpose of the first strategy (which should of course have been learned and adapted in demo trading beforehand) is to learn how to judge strategies, how to cope with your own psychology and how to manage risk when real money is involved. Making a profit is not a realistic...

It seems whenever people want to mention a broker they mention Amarkets. And when they do, they say they work "with" Amarkets. When you open an account with a broker, you are not usually entering a business partnership with them - you are not going to work with them, they are not going to work...

But not randomly.

This is a false statement. Price in a trend most commonly continues the trend, that's how they are recognised as a trend. The least likely thing that price in a trend will do next is reverse into the opposite trend.

London's a brilliant place to holiday in. Not so good to live there. The UK outside London is a whole different country.

Adding to winners is how I made my best ever trade, or bunch of trades. During a Dow uptrend I had a long position with a 2% capital risk. Entry to SL distance was ATR14. When the trade made 2% profit I added a second trade and moved the first trade's SL to its entry price. When the second trade...

I don't think Christianity would be of much help in trading, its a faith heavily slanted towards dealings with other people, and trading is so much a solitary endeavour. I find Chinese philosophical perspectives much more applicable. However, although they are not unique to Christians, a strong...

Its the most charming and friendly place. The weather ain't so good (you'll need a pullover and an umbrella often in summer) but Europe is just a few miles away and easily reached. Note that London is in character a different country to the rest of the UK.

I also like to take tea at around 5pm.

If you take up residency here in the UK you will not only benefit from one the world's strictest regulators to monitor what your broker does but if you trade using spreadbetting you will never pay any tax on your profits.

This is strange. I've had the impression for years now that ET is most heavily populated by US traders. So I did a Google search for indicative phrases on this site - US trader indications - IRS = 866 results Dow Jones = 685 New York = 2,620 NYSE = 2,410 Dollars = 4,040 UK trader indications...

I agree. After you have done this, the most difficult remaining decision is when to close a profitable trade. A tricky decision in the meantime is when and how much to add to a profitable trade

I agree up to a point. I never calculate r:r either before or after a trade. its a useless metric that will send new traders chasing the wrong solutions to the wrong problem.

By the way, EUR/GBP is almost an inverse chart of GBP/CHF. This means if you don't see a valid entry formation short on the one, you might get an valid and equivalent long entry on the other. GBP/CHF generally moves about twice as many pips per day / week / month as EUR/GBP though in percentage...

Cheers. Yes, I do mean that this strategy could be learned and implemented within 2 weeks. I agree, most commercially bought and taught strategies will not be profitable. I think we're both saying they're deliberately not meant to be, that's certainly my conclusion with regards all trading...