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Oh but they do, 33% of the time, retail traders (the small fish or "the aunts", as Asian traders call them) do make money from the big, smart money. You see, the big dogs have to give them a bone once in a while, so they (the big dogs) can keep making money in the long run. It's like...

Generally speaking, big banks do not day-trade the Forex or the stock index or the precious metals market (gold, silver), their trades are rather medium to long term oriented. In any case, they are the real insiders...

No problem, stand by, I am going to fax you my bank account balance right away. Oh, here it is... :D

If your trading system is profitable then I suggest you sell your trading signals in websites like Collective2 or Zulutrade. You can easily make $50.000 or $100.000 a year that way. Then wait at least a year, contact prop firms and show them your performance report from these websites. If...

Not quite. We are only talking about pyramiding a winning position here. In other words we bet big but only with the house's money, not with our hard earned money (starting capital). Just one or two good mega trades like that, at 400:1 leverage, and you are set for life...

Absolutely. Having a profitable trading system does not necessarily make you a good trader. Give a highly profitable trading system to 100 people and a good percentage of them will still find a way to blow up their trading account.

Those are simply facts and statistics from different brokers, there is no need to be rude. Profitable trading has NOTHING to do with having a MS or a PHD, far from it, otherwise all the economists, all the math teachers and all the engineers in the world would be billionaires by now. As...

Absolutely. But it takes guts and nerves of steel to pyramid a winning position to the max.

I think if you live in the UK or Australia, you can still have access to 400:1 leverage via FXCM. US citizens/residents cannot use more than 50:1 leverage however, regardless of their geographical location.

What do you mean by "spot a strategy"?

According to brokers, doctors, lawyers, engineers and other high-paid professionals with a Master or a PHD are the worst traders!

Day traders are necessarily losers?? Where did you get that information, Mad Magazine?

Are you for real?? Bitcoin and other electronic currencies ARE part of their many goals. In the not so distant future they will put a microchip in your body and all your money/paychecks/identity will be stored there, electronically, no more cash or regular ID cards. And if you don't...

To understand what is truly going on in this world you have to go back to the basics: the Holy Bible, Adam and Eve and... Satan. Let's just say that their goal is to enslave all the planet and debt is only one way to control people... But make no mistake, at the end all these evil doers...

Don't worry HarbingerQ, shills ALWAYS run out of bullshit, sooner or later, they cannot hide the truth forever... Thanks for your support :)

Excellent question, let's see here... There are 28 major currency pairs you can trade. You also need 35 different indicators to time the market, so you will need 980 monitors. Yep, that's it, 980 monitors and you are good to go. But wait, hold on, you still need an extra monitor to...

Very wise decision. However, I do hope you liquidated your position before the close, to avoid any (costly) price shock during the weekend. The end result would be the same in any case but thanks for these kind words :) On that long EUR/AUD trade, I collected my 20 pips on half of my...

I will be shorting the EUR/AUD next week, if I have a strong confirmation. If I have a "green light", a 300 pip profit ($2700 profit per standard lot) or more is possible, according to my calculations ... :)

Wade Cook did however write an interesting book called "Rolling Stocks: Making Money on the Ups and Downs", even though his system is kind of hard to implement, at least for me.

Banks use the biggest (legal) Ponzi scheme ever devised: the fractional reserve banking system. Complete details in this short 10 min must-see video: http://www.youtube.com/watch?v=eWl7Mb49vSk