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Totally agree. Discretionary trading is the way to go for all markets in my view, trading is an art form. I'm sure all the math people would say autotrading as its advantages in staying discipline and emotionally detached. With forex set your max leverage to 20:1 for intraday and 10:1...

Metatrader 4 with www.interbankfx.com language is kinda like c++. Allow for requotes though.

can i have a million dollars please Thank you

very ugly and undisciplined day today account is down to $458.98 for a loss of -$77.00

a lot of "professionals" don't trade as well as you think. The best traders are the ones with multi-million dollar private accounts.

So far so good, could have been better. I went long pre news for a loss of $52.54 I'm in short at 114.41. So far today i learned Stick to price action before news, don't try to base a trade off estimates. I would have improved my short entry by about 15 pips and should not have...

Cramer's show is on the verge of being grouped with Jerry Springer. i think bolling is a smart guy, don't know much about the others. These guys coming on tv trying to explain a basic view on the equities market is very much beneath them. They are on the show to put their faces on tv. I'd...

Hesitated on the trade today, then it broke down so i missed the move and therefore could not enter. Even though this move is pretty small and most likely will retrace a good 20 points, i have to at least get my foot in the door in order to be consistant. Today I learned don't be scared...

I have been trading forex for 3 years now and finally feel i am a profitable trader. I am making a journal to keep myself honest and to have something to do when trading is over. Over 2 years i have lost about 2k with oanda and after my "take a break and re group" i have decided to put in...

If you get bored trading that means there are no trading opportunities. And with so many things to trade out there, boredom should be a very minimal. Not to mention the daily market homework that includes charts and fundamentals. There is always something to do.

Agree. Human nature is to want more and never be satisfied. If it wasn't we'd still be nomads.

anyone ever watch monk

Great traders catch on quickly in the beginning because they devote 100% of themselves to trading. They maintain discipline and have high goals and will achieve them at all costs. So when it comes down to it, great traders are the ones with the intense drive to study and consume the...

I'm removing my funds from interbankfx and putting it with the rest at oanda. Interbankfx has had too many "technical difficulties" for my pleasure. I'm not a maniac who goes nuts when software goes down but having it go down 3 times this week and they shut their entire system down friday...

long at 1.2555 and short at 1.2520. Thats all you can really do at this point since i really doubt there is going to be a huge price move b4 the fomc decision. Look out for stop hunting, we all know its going to happen so just prepare. Its better to miss 50 points in a 100-150 point move...

I'm going to guess and say you trade with Oanda. They are my broker, never had any issues.

checked out a lot of posts and the big fuss about retail seems to be stop hunting. It all reminded me of jesse livermore's "bucket shop" trading days. We all know he could make a lot of money at these shops getting the same done to him as forex brokers are now. What i think is that...

As far as what you are talking about, it applies to the savvy speculator who can make money in any market. What i was talking about was the fact that these "revolutions" eventually create a boom in the Equity market. Which is the only market where the major influx of speculation capital is...

i see stocktraders point, there will be no major influx of speculator funds. To say never again is a stretch. Take a look at the roaring 20's, i guarantee back then no one thought a market would be so robust ever again. And look what happened the tech bubble was many times bigger. Two key...

There are some very knowledgeable people on this forum. And these questions are for them. What amount of money is safe to trade at the retail bucket shop? What account balance is needed to think about going to a prime broker and how do we do it? How exactly does the pb side of forex...