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My chess game seemed to improve enormously after about two pints of beer .... of course after I socked back several more pints my opponent started to complain about me moving HIS pieces. Careful you don't overdo a good thing. You might give it all back. :D

Ummmm.... We both got lucky. That was a bad call from both of us, and Berdonkey saved our asses.

Nothing about computers making the market tricky. The Bernanke Put makes the "algorithm" very easy for all of us. Pullback -> Buy!!

Any chance you can stop making excuses for losing your money? :D

Jeepers, why settle for so little? Somebody was suggeting 6%/day was really easy to do. :D

I sure hope you're not trading these calls with real money. :p

I suggest you focus on that statement. It certainly applies to me. The harder I try to make it happen, the worse I do.

Is it my imagination, or are the successful traders the ones who simply trade what is there? You guys are so concerned about what should be/could be/ought to be. This has to be a recipe for disasterous trading results.

Oops! :D

In the musical world, some of the greatest teachers were formerly great performers. My point is this: I believe in order to teach well it isn't necessary that you perform well, but it is necessary that you did at one time perform well.

Guess it depends on what you're trading. Understanding the impact of key economic data from the relevant countries helps greatly with understanding the movement within the major currency pairs. As I said, I think it depends on what you're trading.

Look buddy, let's be honest here. The original question is vague and misleading. What does .2% in this context actually mean? Is it .2% of the number of units purchased? Is it .2% of the spread? .2% seems really high to me given that, for example, my margin requirement on the EUUR/USD is...

Misleading? Maybe, but I think when a broker quotes a % in this context they are using a major pair like EURUSD as their reference.

I'm working with a small forex trading balance: $1000 in a forex account at any given time. I always buy one mini lot of EUR/USD or USD/CAD ($1/pip).

Completely depends on what you're trading. In my case, the numbers work perfectly. Each pip is $1. So, I can work out the % easilly. #pips/$amount risked X 100%.

Wow, for a change we're on the same wave length, which probably means I'm going to take my first loss. :D

Thank you for proving to me what I knew deep down: managers do nothing and spend all day surfing the internet. :D :D

I guess the hole in the bills at the bottom left is your current draw down? :D

I would have to admit my exit on a profit is on the fly. Because of the EURUSD range, I am not comfortable waiting for a profit of more 100 pips. There have also been a number of occasions when news comes out and it is very obvious the trade is about to go against me, I get out. Also, if I...

lol. ok, believe what you want to believe.