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I trade spot forex. It is traded in pairs. Example if you are long USD/JPY, this means you think that the dollar will strengthen against the Yen and therefore you are essentially shorting the Yen by going long USD/JPY. Spot forex seems to me to be a simpler way to trade currencies, I use...

I tried Automated trading from January to March 2014, it decimated my account. My advise is to trade manually just do it longer term. For example as of May 2014 I started swing trading, I fully developed a swing trading system as of end of July 2014. I trade anywhere from 30 minutes to 2...

Good insight, don't trade options much. If I do, its basic calls and puts. What Windlesham1 suggested seems like a good idea, for markets going nowhere, but don't really know enough to say more than that.

Ahhhh, I see. I understand now.

You made me laugh hard (land of the free comment--been trying to get my wife to move, now she has recently agreed to visit other countries, atleast thats a good step, we'll see how that works out), I get what you are saying, but we all have our method. You are right, but I believe in...

I am a Swing trader on forex and for this month, I'm at 12.

Wow, you have to be one of the best traders in the world.

Yes, this is true, but what I am planning on doing is diversify: stock, business, realestate....etc... Next on my list is actually "Tax Certificates".

So true brother, I remember staring at my computer with a blank stare for over 30 minutes because I came to that realization of trends. Then I had to rethink what trendlines were, when to augment them and rethink/rework when to enter and when to get out. The "Trade Gurus" always point out...

Any of you trade for Maverick at this time? Or has anyone applied?

I hear you. Sometimes just a market shift can cause the black box not to work. I read somewhere where MIT made an auto trading system, but it didn't work for long. I personally used a auto trading program---results were the same. So yep, that statement is correct from my personal experience...

Is it just me or does AfterLOS have a few loose screws. 1. What methodology are you using when you say that the person will miss most winners but take 100% of the losers? What makes you sure about those numbers. 2. Why do you think you have to be right 100% of the time in "directional...

This is untrue (based on personal experience). Longer time frames shows you more define trends. Trading in the short term is too unpredictable. Are you willing to show us your results trading on short term charts for the last 3 months?

Wow! Its like we are twins, I couldn't say it any better.

I like most of your thoughts. I think people do over complicate things. I think the reason for that is the massive amount of "Trade Gurus" out there. And we think if we listen to all of them, then we will get an edge and never loose. The truth is the "Trade Gurus" are actually...

I'm in the same boat for about ~6 years or so. I was laid of on September 5th 2013. I actually made a profit that year, but happened to give it all back and then some this year. I have developed a strategy which is kind of weired and probably laughable to some. I actually now feel there is an...

LOL, so true! I actually no longer listen to any of these professional advertisers. I switched from day trading to swing trading as of May 2014 and fully developed a system that I think will win atleast 40% of the time as of August 1st. So as long as continue using "good money management" I...

Self Learn??? Have you thought of: 1. Taking a course in Stocks 2. Move on to options 3. Then other markets such as FX, Commodities.....etc.. Then you would know what you like to trade. I don't want to discourage you, but this can take years. I started trading without a mentor...

Maybe you should consider "Swing Trading" while working. This will alleviate the "bills to pay" pressure. In trading you may have a bad run, personally I'm on month 4 of a bad run. It takes alot of money in savings and a shoe string budget to survive.

Maybe you should consider "Swing Trading" and work. This will alleviate the "bills to pay" pressure. In trading you may have a bad run, personally I'm on month 4 of a bad run. It takes alot of money in savings and a shoe string budget to survive.