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Well look like I'm really late here. Anyway, this is for those who are interested in the same question as threadstarter. First of all I am not a professional trader, but after going through 9 years of pain I do consider myself experienced enough to ...

I think the thread starter is asking for information referring to the mechanics of price movements, not the motivations of market players. In any case, I suggest "trading and exchanges market microstructure for practitioners" it does a very good job ...

4 months doesn't meant a thing. You need at least ONE YEAR of trading to prove that your strategy is worth the risk. I say it's a good thing that you've to withdraw your funds for your college.

NOT my analysis/opinion, taken from a blog of a former Chicago Mercantile Exchange pit trader with market experience of over 40 years. Charts clearly show USD/CHF attempting to break out of its decade long bottom for a massive 2000 to even 8000 in ...

win rate has nothing to do with profitability. I've seen trade explorers here with 90% win rate and still losing money simply because their average loss is much larger than their average profits which tends to be small. Having said that u can still ...

Finally understood these lessons after 8 years of trading losses and pain: 1. Trading strategy is NOT the most important factor in determining your profitability. It is just one of the four "legs" of a "chair" essential for profitable trading. The ...

Not to pour rain on your parade, but 56 days or 4 months doesn't meant a thing. My opinion is that one need at least at least a year of profitable trading record and that you have traded according to your rules to prove there is a tradeable edge.

"As you say, QE "cannot have any bearing on inflation", damn.. looks like the ecb is going to do it all wrong then! Better send them an email to let them know before they waste some trillions of eur " You will be surprised, even Nobel prize ...

The QE "money printing" myth really need to die. QE is just a fancy name for asset swap. Banks hold treasuries in their balance sheet as assets and the FED hold tenders to swap these treasuries for equivalents in cash. Example: ABC Bank have $100 ...

FXCM and Alpari went into trouble because of their practice in hedging their clients' trades against the market so they can afford to pay their profits to their customers when they make money, after all as market makers, these firms lose money when ...

You probably never heard of the "Dealer plugin" introduced by meta quotes. There is a good reason why metaquotes forbids the discussion of this plugin on their forum. url

Actually, 5-10% per month is considered VERY GOOD returns, if it's done consistently. This translates as 60% to 120% in annual returns? If you're hedge fund manager,you would be one of the rising star of the industry already. Don't bother following ...

The "best" strategy is really the one that best fits your personality. Otherwise you will find trading mentally tough to execute and you will struggle with emotions and discipline in trying to stick to your trading plan. This will then results in ...