Torulf, so pleased to see this post from you, it is far more constructive and useful than your earlier posts.
The point you make about unqualified bad advice rings true. While this is my first and only forex forum, I am in a number of other non-forex forums and some of the advice given out makes me cringe. Even Yahoo Answers and various DIY forums contain not just bad but dangerous advice, and thats before you get to the trolls telling others to microwave their iphones to charge it more quickly!
The difference with this forum, imho, is that you need a modicum of intelligence just to understand the forex basics so are more capable of cutting through the b.s. and picking out the useful stuff.
Hey Jolly, was this the desired results?
Good morning everyone⌠I am so glad to see positivity and goodwill returning among us!
I just wanted, if I may, butt in with the following thought: being âqualifiedâ does not make
for a good teacher⌠What do I mean by this?
When I hear people on the forum go on (and on, and on) about trading instructors or advisors
not being âqualifiedâ to give advice, I think back to my years of teaching experience, and how,
even to this day, make me in no way de facto a good teacher: while there are people out there
who not only have no attitude for teaching as well as being under-qualified, there are also incredible
teachers who never have gone through certification and teacher training but have been inspirational,
and I speak from my childhoodâŚ
I am more than qualified in my field (music) to teach, in fact, probably over-qualified to some extent,
and I have put a lot of students successfully through exams at many levels⌠If you translated this to
the finance world, and said that I had a lot of good track record and qualifications, would you take my
advice as âgoodâ and respect it?
What is misconceived here is that a âgoodâ and âcertifiedâ expert or professional is a good teacher for
EVERYONE: the thing about instruction and advice is that it is only as good as it works for the individual
taking it⌠If I taught a class of thirty, as I often do, I know that while half the class may find my teaching
good, and a quarter may find it excellent, the other half may not enjoy it: similarly, there have been examples
on here of people talking about trading courses that have really improved their trading it, while others warned
against them being a waste of money⌠In the end, if some people enjoy the teachings of Kathy Lien,
Anton Kreil, Jessie Levermore, Elliott, Anna Couling, or any of the hundreds of big names in trading, is
completely irrelevant in a scale of âworthinessâ: what matters is that you take their advice and do something
positive with it.
While it is true that there are worse teachers and definitely bad advice, the fact that, say Emerald has
a finance degree is not why I choose to listen to him: in the end, it is the dedication and patience, like
Clint, like peterma, and many others on here, that comes through each of his and their posts, showing
how they do what they do, and the reasoning behind their trading decisions⌠What I and all of us
do with their advice is beyond their control: if we applied their trading system blindly to our own, we
would surely fail⌠Would this make them dangerous, unworthy teachers? Not at all⌠Rather, it would
shows us as bad students, if anythingâŚ
So, my lesson finishes here!
Enjoy your Sunday!
Time for coffeeâŚ
I tried contacting Carll a while back but unfortunately he locked his contact access in his last known haunt, as did the other regulars, so I hit a brick wall.
Do you still cross paths with him/them?
From that little acorn did a very impressive oak tree sprout! 
Thanks torulf39. Apology accepted
A society that we are currently living right now with a quick-fix and instant gratification. I think bamboo tree can teach us a lessons on how to be patience, perverance, have faith, also growth and development. It is very easy to get side track on everything around us and lose focus on what is important. Bamboo trees cannot easily be broken by a high wind in a storm rather they find their way and work through the stormâŚThey sway through the wind and they donât fight it. They enjoy the ride until the storm passed them.
Kathy Lein and Borris is just a small part of it. I pick up every pieces along the way and create it as my own. I am still looking for more to pick up on and gain more knowledge because I am not done yetâŚmy current progress is just a start. I still have a lot of things to doâŚ
I am not trying to beat the marketâŚI am trying to do my best as I canâŚ
Good-luck!
I quoted this because it is a priceless post, but seems to be glossed over and missed by those that needed it most. Funny how that works, and itâs also the root of why most people just canât ever get any further than they do.
Absolute proof that you CAN lead a horse to water, but they just might not drink.
Indeed it did, both for those two & a couple of others on another portal.
If you use that stuff between your ears properly, learn to identify & avoid all the worthless static & take the opportunities when theyâre presented, you never know where it could lead.
Heâs currently working for Mint Partners, part of the BGC group volan. Apparently he wanted to diversify a little & expand his experience base. The guys got him an intro earlier this year, he successfully pitched them & is now in situ.
Last I heard Kevan was still at SocGen.
I chatted with Tessa at Easter, but I donât speak with them as much as I used to as I no longer work for one of the firms they transact business with.
dan/compact/double 6 et al,
If you guys were betting your own pot in the (currency) market for whatever reasons & knowing what you know, what type of strategy or model would you utilize & what would be your preferred time horizon.
Tagged onto the end of that question, & considering the comments in recent posts, is there a thread or threads on here that you would bookmark yourself or direct someone to who asked for a leg up to getting started?
Also (& Iâm being a bit cheeky here!) what size pot would you consider a viable & realistic base for generating income or profit whilst affording capital appreciation.
Also, given the advances in retail platform improvements over recent years, particularly surrounding execution & spreads, would you confidently transact your deals via that option or would you choose higher end broker outlets?
Jolly Roger, Iâm very sorry that you took my one post as barrelling your thread. My apologies to you. As I said in the post wasnât trying to change your mind, just offering my take. It wonât happen again.
For all the others that feel they have to drop my name or refer to me anonymously on this thread or any other, since I donât want to high jack this thread but I would like to answer your remarks and issue you a challenge. So donât be gutless, anonymous spineless fleas come out from the dark and hop over to the newbie section so we can prove to each other what we post
A trend/momentum based pullback/breakout approach.
Timeframe & horizon choice would be volatility dependent. That type of engagement requires condition based flexibility & would need to be tailored to current pricing influenced themes.
Well itâs no secret we advocate simplicity & uncomplicated, so which thread on here do you suppose most accurately mirrors the above criteria?
If youâre headed for the one I think you are, I personally would drop the moving average & run with whatâs left, but thatâs just my preference.
That decision can only be calculated based on the individuals personal standards of living requirements, anticipated market exposure limits, activity levels & risk appetite. Itâs going to be very different for everyone & i personally would diversify my activity across asset classes so I have no idea how much iâd require until i did a thorough appraisal, but i certainly wouldnât scrimp!
I havenât really gone into too much depth regarding individual broker specifics, but the environment appears to have improved noticeably in recent years & regulation has been spruced up too. Providing a retail shop could accommodate my requirements I would have no problem betting with them.
Saul, on Danâs last point, re the brokers.
I make execution my priority, the spread comes second. My reasoning is that if I get my analysis right the spread is not such a big thing, but when my analysis is wrong - there is only one thing I want to do - get out quickly.
I finally found one provider who does exactly that, interestingly offers no demo accounts, no free discounts, well none that I know of, but it is a relief to enter the platform on FOMC and be able to exit a long S&P the second that I hit the button - none of that little whirly circle turning and turning.
Oh, and UK so no worries re regulation.
If I was to ever go solo volan Iâd give all my dough to Danny boy & let him do all the hard work 
1-5 day momentum rides rock though!!!
and i rarely hear a bad word about Interactive Brokers.
Thereâs an old guy who appears to have the hots for you over here 301 Moved Permanently
Heâs either been hitting the sauce hard all weekend or he wants to date you!
Either way, take flowersâŚyou canât go wrong with a perky bunch or two of daisies.
Hey Dan,
Sorry, I must have missed reading your post/questions. Okay, what is the most common mistake retail trader make. You said is, so it is the only one, correct? If so, it probably " under capitalization". There are too many common mistakes that I can think off but let see what the answer is⌠Thanks.
âUnder capitalizedâ is such an overused cliche.
When you can create nano accounts, there really isnât such a thing
Read up a few posts. The answer is stated rather plainly:)
Lol I did skip a lot⌠With all of this " hot shots " posts, I canât keep up thanks!
if you guys ever start a signal service together. you know what your group name will be now
Actually, not a bad idea BabyPips will be the first one to know and yes with a verified myfxbook
There were no desired results. Only to play devilâs advocate and provoke discussion.
There are no hard feelings and no apologies necessary, though I appreciate the gesture.
That you did. In fact your the first member that actually managed to extracted some meaning posts for some of these members