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There's been a lot of uneducated argument on this - let me give you a simple example for you to argue about. Lets assume that the Eur/USd rate is 2.00, That means the Usd/Eur rate is 0.50 We trade equal amounts (in money terms) of each currency pair. We buy 1000 Eur/Usd @2.0 (value...

I haven't read all of this thread but you are forgetting automatic arbitrage trading. This is profitable provided you have the feeds and systems allowing you the milliseconds advantage over the competition.

Be careful spanish, I've never heard of anyone having to pay upfront for a job before - make sure you've signed and read that contract before you hand over the money.

Just the same as your trading then eh spannish?

Hmm yes more spanish bullsh1t 16 cars per hour @ £4 = £64 per hour revenue Over 7 hours that's £448 But you are paying the girls £1 per car. Let's assume you only allow 1 girl to wash each car - so that's a cost of £16ph (16 cars an hour) - Over the day that's £112 costs. So...

An idiot and his money are soon parted.

That is an oxymoron.

While a pile of crap. 6K for 6 months = 36K Allowing for 2K a month living expenses you should have 24K in your account. YOU DONT you have less than 4K. Best honest and stop giving us this bullshit. You say that on your CV and you won't get past the interview stage as it'll be...

This is better than EastEnders !!

Brings back memories of Wall Street Warriors...... The couldn't have been more wrong!

Then why don't you sell oil and go to sleep till Weds next week? You know the answer why. Anybody can be rich in hindsight. You have to make the best decisions based on the knowledge you have at the time - which is why trading is such a challenge. Dont ponder over what could have...

why not turn it into 200,000 or even $1m?? In fact pull a random figure out of the air because it's such a pie-in-the-sky figure anyway.

spanish have you considered that maybe the oil price action is now returning to "normal"? The last 2 months have seen the most remarkable price moves that to be honest any numpty could have made money out of. Now we're back to the usual indecisiveness and "technical" markets where it's...

You bet - now languishing at $17..

The only way I could see the derivatives market collapsing if there is a huge shift in the underlying which results in numerous accounts getting margin called and clients being unable to meet those calls. This would require an opening gap of some magnitude otherwise brokers would call the...

Couldn't agree more. I'm out of the market now having cleared a tidy profit waiting for the next dip.

This will never work, I done lots of study with neural networks. A system that is trained to recognise apples/oranges will attempt to class everything else as one of these. You throw in a pear it will class it as 75% apple. Train it on green apples and You throw in a red apple - it could...

So you must be one of the 90% too!

Bad luck on your first day. Looks to me like your system is analysing either too short a trend length - or your stops are too tight. I'm keeping my fingers crossed for you though - I have been through this pain myself (not with real money fortunately). I did have some success finding a...

What garbage - this is a case of conveniently fitting todays chart with ones that look similar. Go back to the graph and look at blue chart- around days 350, 850, 950 and 1100 green chartdays 200, 750, 950 and 1200, All of these scenarios look similar to todays chart and could arguably...