Forum: Newbie Island
01-23-2009, 11:10 AM
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Replies: 0
Views: 185
In response to NickB's Latest blog posting
Here is the Blog Link: Who is Taking Your Trades? | Forex Blog: Art of the Chart (http://www.babypips.com/blogs/art-of-the-chart/who_is_taking_your_trades.html)
Nick,
I'm certain that you are...
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Forum: Newbie Island
12-22-2008, 10:39 AM
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Replies: 34
Views: 1,377
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Forum: Newbie Island
12-07-2008, 06:41 PM
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Replies: 10
Views: 869
$ amount does not really matter.
Let me add my spin on this one:
If you think of your account in terms of dollars (euros, pounds, etc.) you will be dead in no time.
If you think of your account in terms of percentages, and...
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Forum: Newbie Island
12-04-2008, 09:52 PM
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Replies: 10
Views: 869
Trader John
When I first started trading, I demo traded for six months with GFT.
You might be surprised to hear that GFT runs their demo accounts on a separate server than their live accounts; however, this...
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Forum: Newbie Island
12-03-2008, 05:30 PM
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Replies: 17
Views: 588
An ABC corrective wave is not necessarily all...
An ABC corrective wave is not necessarily all that will come after a 5 wave count. Corrections are the hardest part to count and they can be quite complex.
Sometimes you need to read the wave...
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Forum: Newbie Island
12-03-2008, 02:20 PM
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Replies: 17
Views: 588
What currency pair and time frame is that?
...
What currency pair and time frame is that?
From looking at what I can see, the count that you have labeled there is a possible count; however, I would make my primary count ABC where you have 123...
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Forum: Newbie Island
12-03-2008, 10:44 AM
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Replies: 17
Views: 588
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Forum: Newbie Island
12-03-2008, 10:43 AM
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Replies: 17
Views: 588
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Forum: Newbie Island
11-19-2008, 04:00 PM
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Replies: 19
Views: 584
Please explain
Explain how.
Even if the bank didn't charge a spread (which I assume but don't know for sure that they do), I would much rather pay the spread than drive to the bank every time I want to place a...
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Forum: Newbie Island
11-17-2008, 10:26 AM
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Replies: 5
Views: 248
Dont Fear you, but NEED you.
Experienced traders do not fear you, they NEED you. They need you to not stick to your plan. They need you to decide to go live in a month. They need you to gamble your money. They need you to be...
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Forum: Newbie Island
11-14-2008, 01:52 AM
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Replies: 5
Views: 207
Impressed!
JonnyFX,
Just wanted to take this opportunity to immediately recognize and admire the constructive and helpful nature of your posts today! I must say I am impressed. It is like a whole new you,...
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Forum: Newbie Island
11-06-2008, 12:49 AM
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Replies: 26
Views: 864
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Forum: Newbie Island
11-05-2008, 11:54 PM
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Replies: 26
Views: 864
?
I have explained my ideas on back testing. I don't need you to tell me what works when it has already worked for me. As far as the pip to pip idea, doesn't matter, I care very little about price...
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Forum: Forextown
11-04-2008, 03:48 AM
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Replies: 26
Views: 1,442
That could and would be scary.
The only...
That could and would be scary.
The only peace of mind I get when thinking about that is that there are other high volume securities that can be traded other than currencies in the various...
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Forum: Newbie Island
11-03-2008, 05:49 PM
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Replies: 26
Views: 864
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Forum: Newbie Island
11-03-2008, 02:55 PM
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Replies: 26
Views: 864
Only saying that backtesting is a valid tool.
:confused:
You are not necessarily disagreeing with me at all. I will go as far to say that if you hang all of your hopes and dreams on back testing YOU WILL FAIL! BOTTOM LINE.
However, like...
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Forum: Newbie Island
11-03-2008, 12:55 AM
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Replies: 6
Views: 253
Demo and Live
I have never really seen a difference in demos and live platforms.
Also - Don't let everyone scare you so much about going live. If you have demoed enough, and are using proper risk management,...
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Forum: Newbie Island
11-01-2008, 07:52 PM
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Replies: 26
Views: 864
Backtesting
In forex there are many many ways to skin a cat. I am always watchful for those who say that something is always bad, or doesn't work, or try to say that there is only one way of doing certain...
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Forum: Newbie Island
11-01-2008, 01:40 PM
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Replies: 3
Views: 209
Elliott wave theory is no good huh?
Uhhhh.....
ahem... Wow.
not trying to toot my own horn here, but for those of you who say that elliott wave theory is a bunch of bull. Look at that.
What did I call in the previous...
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Forum: Forextown
11-01-2008, 01:28 PM
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Replies: 15
Views: 610
My second hand experience.
I do not personally manage any OPM, but I am very close to a trader that does.
This trader only manages family money and charges them 20% of all profits. 70/30 does not sound bad to me for...
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Forum: Newbie Island
11-01-2008, 01:13 PM
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Replies: 26
Views: 864
Backtesting
Depending on what time frames you are interested in, you should look for a chart service that has a lot of data.
Certain brokers, like GFT, are not good for back testing on the lower time frames. ...
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Forum: Newbie Island
11-01-2008, 01:07 PM
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Replies: 17
Views: 691
Thanks
Thanks for clearing that up.
I am interested in what you have to say. How long have you been implementing your fundamental strategy with forex?
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Forum: Newbie Island
11-01-2008, 10:46 AM
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Replies: 17
Views: 691
Heres where you messed up - ok lets move on.
Pipfanatic,
I think the reason that you are receiving a little hostility here is because of the way you chose to express yourself in your first post.
There are fundamental traders here, but...
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Forum: Forextown
10-29-2008, 10:10 AM
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Replies: 7
Views: 364
See you there!
Great idea MG. I will try to be in the chat room more when I trade. I am usually online during the NY session.
Happy Pipping.
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Forum: Newbie Island
10-28-2008, 11:29 PM
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Replies: 9
Views: 326
Yes, add Japanese
I think you will get a resounding yes on that one Pipcrawler. For example: I have been trying to get my wife to learn trading, but her native language is Japanese. She speaks good english though. ...
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