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Ahhhh, where are the days when we could exchange a chicken for salt or cereals for milk? Now soon we will be able to buy chickens with bitcoins, that is with money created by a freaking computer. The ultimate bullshit, fantasy money! What happened? Have we lost all sense of values ? Have...

These days most brokers have a system that will automatically close your position(s) as soon as your balance drops below the minimum margin required, even though it is still your responsibility to monitor your trading activities and balance.

No, in a bad year you can theoretically lose 100% of your trading capital, and much more if you trade on margin. Remember, if the most you can lose in any given year is 0%, then you are set for life. :cool: 50% in an average year, eh? You are kidding, right? :confused:

The annualized return for the S&P 500 Index (and its precursor the S&P 90 Index) during the last 85 years is less than 10% (9.77% to be exact). If you make 2% a month on average, that means you are making close to 27% a year, or almost 3 times the S&P 500 return. Are you consistently...

The answer is : h) Win the Lotto Jackpot

+30 pips ($300 per standard lot), moving the stop to break-even. Be right back to answer some of your questions, EUR/NZD is moving...

Selling at 104.80, total profit = 25 + 60 = 85 pips on that Yen trade ($850 per standard lot)

If a trader can consistently make at least 2% per month profit with less than 15% maximum drawdown he is already part of the tiny percentage of profitable traders.

Don't worry, good old Jack will soon show him how to consistently capture 3 times the intra-day Average True Range (ATR) of the market and multiply his trading capital 117 times each year. And then this Leonardo Di Loser guy would look like a bum with his 200 millions.

Well, here is the thing: on the 1h chart, the EUR/NZD is forming a textbook triangle formation, but it's hard to say which way it will break. But I guess we will find out soon, when the retail Forex brokers reopen their store at 2AM (New York time), a few hours from now. Personally I will...

So you want me to do your homework for you, is that it? :p

Suicide is a Sin, remember?

Thanks TradingJournals, the same to you. USD/JPY is now at 104.64, 54 pips above my initial long position, thanks Tokyo, keep up the good work :) http://www.bloomberg.com/quote/USDJPY:CUR

Sure, you can place market, limit or stop orders at any time via their trading signals interface. Now go and make some money, good luck! :)

You don't need to automate anything, click on the "System Developers" tab to get the details. Basically, you will be selling your trading signals to subscribers while building an official track record at the same time

To get a track record go to a website like Collective2 and post your oil trades there in real time. Then after 6 months or a year you can show them to prop firms all over the world and someone will surely hire you, assuming you can generate at least 2% a month profit on average while still...

Before sending your money to some Joe SixPack on the Internet, go to your favorite search engine and type: "Joe SixPack scam" or "Joe SixPack Ripoff" Replace Joe SixPack with the name of his company or product if necessary. Be careful though, the first page of the search results is usually...

As we grow older, scalping or day-trading all day long becomes extremely tiring, physically and mentally. On the other hand, waiting for weeks or months just to get a signal and then wait more weeks/months to close the trade is also very tiring, so the trader must find a balance between...

Hi TradingJournals Just like everybody here I guess, I first started trading stocks (back in the 70's). I failed miserably. Then one day I received a booklet in the mail from a certain Ken Roberts, the guy with the cowboy hat. He said the price of sugar was at a historic low or something...

Buy at support, sell at resistance, that's all there is to it, the rest is just pure, 1000% bullshit.