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Its not an issue from how much/little money the individual has - its just beyond impolite in the culture here. Perhaps like blowing your nose in a handkerchief in public in Japan. If the visitor doesn't understand these things, they're going to draw ridiculous conclusions about the society.

We don't use nickels. You must have had some strange conversations with English people in the past.

Not unwittingly.

This would be sad - if I had any respect for fund managers.

Do you know many English people?

A 75% accuracy rate in identifying the next day's direction is good. But focusing on one single day's price action is seriously under-ambitious.

Your concerns about the frequency of hammer formations suggests that's also the focus of your trading - find a hammer, open a trade. In fact, successful trading is not about finding the best type of entry pattern. A short-term entry pattern like a hammer is the least important element of a...

I've never thought of trading as lonely because I see it as a deeply personal matter. Its all about money after all, and at least for English people, we'd rather talk about our most personal issues than about money. Trading was surely never meant to be sociable. Really, everyone needs another...

Dead's music is almost unknown here (in the UK). I'm certain I've never heard a single track they've recorded. I am exploring the great music I missed in the 60's, 70's and 80's - which of their albums would be the best starting point?

Pyramiding is not dangerous at all. As long as you wait for the trade to become a winner and for the unrealised profit to reach the equivalent of your risk before you pyramid. That way, your capital risk is never increased but the profit potential grows parabolically as you add positions. As...

2017 showed me I should - go with every trend pyramid every winner scale out of every loser

Do you seriously recommend holding a short position "for a month or so" when a market is rising? Is this what you actually do?

Learn to scalp profitably in 1 day? - possibly, but 90% will be broke in a month. Learn to follow long-term trends in 1 hour - inevitable, and you will never go broke.

Important for learner88 who put up the original question, and for those responding, if we are to have a sensible debate.

Its important to be specific. I wouldn't have said Warren Buffett's style resembled what the majority of private long-term retail investors do, want to do or can do. But its also important not to be too narrowly focused. Although I'm a short-term private retail forex, indices and commodities...

Good luck mate, I hope you do become a very rich man. We should all have an objective in mind. As soon as you become comfortingly off, that will be a very acceptable time to post a few tips and hints.

Why is Warren Buffett mentioned so much on a site for traders?

London has a total forex turnover nearly twice NY's. It trades more USD than does the US economy daily and more EUR than does the EU economy daily. Its effectively the global headquarters for forex. Maybe we'll hear from someone who thought it best to re-locate their trading to the UK to take...

Strange post. More USD are traded daily through London's forex market than in the whole of the US combined. This is widely known and nothing new. The FSA is not the UK financial regulatory body. The FSA was abolished in 2013 and replaced by the Financial Conduct Authority. The FCA authorises...

Retail forex regulation is strong in the UK, which is where forex is based anyway. The only way to get into a losing competition with a forex access provider here is if you try to arbitrage their prices or take large very short-term positions - they will not be able to off-set the risk involved...