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- Nybegynner replied Jun 5, 2007
If you are to be a reputable broker and not some kind of metatrader garbage bucketshop, you can expect the startup cost to run into the millions.
- Nybegynner replied Jun 5, 2007
Taxes suck in any year! There is different laws depending on the country you live in. Here were I live you can deduct expenses, 28% of interest can be deducted from tax and you also have the ability to carry forward loss and deduct a % from taxes. ...
- Nybegynner replied Jun 5, 2007
volume is of no use in these kind of bucket shops
- Nybegynner replied Jun 5, 2007
Most people on FF use metatrader because metatrader is a terminal that is very popular with bucket shops and other crappy brokerage service that cater to the poor people dieing to get into the most crocked market of them all. Other than that? Hell, ...
- Nybegynner replied May 21, 2007
Who became rich trading forex? Dont feed me the Soros crap, becuase Soros says right out in his book that he never made any money trading fx. Big gains, Big losses he said. Just face it. People here on this board think they will be able to sustain ...
- Nybegynner replied May 20, 2007
There is no such thing as a good EA because there is no such thing as a profitable mechanical system. Well, maybe profitable, but the profitt is crap and highly risky and you will be better off just dollar averaging in eg the dow index or sp 500. ...
- Nybegynner replied Apr 30, 2007
Who cares really? The big money is not made from trading short term in the stock market. The big money comes from value investing aka Graham and Dod and then you might keep the stocks for several years.
- Nybegynner replied Apr 10, 2007
Very impressive!
- Nybegynner replied Apr 10, 2007
I think it said the top guy did +800% in four weeks. Still pretty dam impressive though.
- Nybegynner replied Apr 10, 2007
The return rate you are talking about is making you 1 000 000 in approx 4 months...... Sure you can add a $1000 to your account in four/five weeks, but then we are not talking about trading anymore, but gambling. You could just as well play the ...
- Nybegynner replied Apr 10, 2007
You are expecting more than 100% ? Nice, you should be hired by a hedge fund and making billions in no time. Good luck.
- Nybegynner replied Apr 10, 2007
I think the failure rate is even higher. 98/99% is closer to reality I think. 95% probably lose money, but there is a lot of people who never gets past the demo stage.
- Nybegynner replied Apr 10, 2007
If you are around break even, that is excellent! You do know that if you grow your account to $600 in a year, that is an outstandig performance? What do you expect? It's strange what kind of return people in here are expecting. They usually think ...
- Nybegynner replied Apr 8, 2007
would be nice if somebody could make an indicator with a simple arrow on the chart when three stochs on given timeframes all point in the same way.
- Nybegynner replied Apr 6, 2007
There is nothing that beats IRC for chat purposes.
- Nybegynner replied Apr 2, 2007
The point is to get somebody to dish out a decent swing trading system I guess. And to be honest, Im looking for one too.
- Nybegynner replied Mar 29, 2007
Yes it's quite normal.
- Nybegynner replied Mar 29, 2007
Looks intresting What is the tunnel you have in the midle?
- Nybegynner replied Mar 28, 2007
Back test it and you will find out. Looks best on GBP/JPY though. Volatile and with sweet long trends when they kick in.
- Nybegynner replied Mar 28, 2007
No I didn't with that remark. Maybe run a pol about who's able to read?