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Anyone with small accounts has the best chance with Oanda because they can control their position size and MM to the T which is one of the most overlooked parts of the game. Just don't go for ten pips at a time or the broker is the only winner. Go for good chunks on longer time frames...

" great day today.. prob gonna go throw some 100's at the strip club just for the hell of it" OP , waste of O2, I hope your child is not in your care. Shitty f*cking human being. Don't ever reproduce again for the sake of humanity.

OP, I would think you need a minimum of 5 years and 10k hours of experience to become the jack of your trade, whatever that may be. There's no free pass. If you had a years living expenses covered to take care of your child ect. and had a nut laying around or different source of...

What's the incentive for people to buy wheat if the producers can just grow more? :confused: :cool: What about US bonds or federal reserve notes? How about gold, or some class 5 rock? Dividends/growth are a big reason why people like stocks. Eating food is a big reason people...

"Should I go to college before becoming a trader" What kind of "trader" do you want to be? You want to trade in a bucket shop? You want to trade independently? Trade your own money or OPM? Be a broker ? MM? You want to trade salaried at a firm with possible bonus? You want to...

Some guy at the store started talking to me asking me what I do ect. Then he said ,"oh great, I help entrepreneurs and small business owners succeed." I said, really, what do you do? Then he said he worked for Amway and wants to have a meeting to set up a small business for myself. Then I asked...

After a few years I finally got everyone in my family to understand that I trade futures , Not Stocks!, Now they just think I'm the asshole who drives up the price of gas :D

I meant I have 30 price charts of different futures and fx markets up, not flow charts. All together I can see where the global capital is flowing .

I usually only use news events as a time to expect Vol expansion. I use TA meaning price ,volume, time, volatility, patterns and their measurements. Some patterns Ill use fib tgts for exits, other patterns I'll use vol expansion and time for exits/reverse. Trade 5 main patterns. I like inter...

80% at what RR? 1:1, 1:.5 ?

10% of small traders win, They JUST WIN!!!! Tie all loose ends. Welcome to the pit of sharks:)

We can't help you, only you can, look in the mirror. Do you eat shitty? Do you exercise? Do you smoke? Do you gamble? Do you masturbate too much? Do you have discipline in other areas of your life? Everything is essentially a trade. If you have no discipline in your...

Pretty much every broker out their has a dialy "failsafe limit" for their own risk measures. Mine was like 80% of account value and you may have to do some good negotiating to get them to set it at 2% for you. Just straight up say, "Do you want my business or not" If they say no, then go...

1.Have your broker set an automatic daily stop loss on account. I recommend 2% and a use your discretionary stop at 1%. Your mileage may vary. The ego might be saying saying "Oh I don't need that, I'm better than that" . Admit at some point anyone could go on TILT and we are human. 2. Only...

I love ocean view, but a lake view in MN is pretty friggin beautiful too. Great bang for the buck, to each their own. You betchya :)

There are a lot of different things to consider when looking at "feel good back tests" . First , which program are you using or are you doing it manually by hand? If using a program, you need to make sure it's not "peeking into the future" that it is entering on the close of the bar and...

Tim Sykes because he is the best marketer around :p

thats an idea. Say for example if I wanted to buy house/condo for 100k . I wonder if it would work just to go long aud/jpy with 100k ( or more) and tell the bank I won't touch it. Pledged asset loan I think it's called? Then make the carry or dividend in the case of stocks. Edit: I reread...

The only advantage I could see trading from an LLC entity was to get a health insurance tax break. Otherwise I always thought I was "paying myself" regardless of entity or not.

I know at my bank they are pretty tight with lending and have slightly higher rates than competitors , was wondering if I would be better off skipping them altogether to get "pre-qualified" and go to a mortgage broker . Wouldn't it ding up my credit score if I got shot down during the...