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  • 512 Results (2 Threads , 510 Replies )
  • riclater211 replied Jul 30, 2021

    Hey All, End of another week as well as the trading month. Mid summer pricing seems to be stuck on going nowhere. Maybe traders are waiting for the end of September which is the end of the 3rd quarter and the start of the forth? Maybe this is big ...

    Metals Mash Up
  • riclater211 replied Jul 25, 2021

    Hey all, They only thing you can control with a good amount of certainty is risk. You can pretend to have a goal but you get what the market gives. Depending on the trading strategy and money management scheme you developed, setting TP or using TS ...

    1:1 Risk/Reward Frowned Upon?
  • riclater211 replied Jul 24, 2021

    SILVER It took a worldwide, society changing event to make Silver move out of its 7 year range. Up 116% from it mid pandemic low, Silver is up about 45% from its pre pandemic average. Why? The pandemic sent people crazy trying to find safety. After ...

    Metals Mash Up
  • Attached File
    File Type: pdf World-Silver-Survey-2021.pdf
  • riclater211 replied Jul 24, 2021

    Hey here2there, In general this forum is trash. Most don't listen or are to lazy to do the actual work. The ones that do listen in the beginning end up asking the same questions over and over and even more argue because what they have been lead to ...

    Any Advice for a Beginner?
  • riclater211 replied Jul 23, 2021

    Hey All, Another week in the books. This weeks big loser was Platinum. Platinum slipped 4.25% on the week. It must be a tech thing because fundamentals say that demand should be rising. As the supply chain catches up with demand, we should see ...

    Metals Mash Up
  • riclater211 replied Jul 21, 2021

    Hey RickM, I would say if you want to try and make a good portion of your living with day trading, any trading really, you will need a sizable account. In my early years of trading I was working a couple of part time jobs. I downsized my life and ...

    The brutal truth of day trading
  • riclater211 replied Jul 21, 2021

    Hey RickM, Position size is very important indeed. It was one of the main reasons I stayed with Oanda for so long. Oanda has its issues but one thing that remains is the ability to fully customize lot size. I found that very important in my early ...

    The brutal truth of day trading
  • riclater211 replied Jul 21, 2021

    Hey ryuryu, Longer term trading in no way sucks. Just so you know. - Ric

    The brutal truth of day trading
  • riclater211 replied Jul 21, 2021

    Hey All, It seems to me that a major issue that is still going in this thread is day traders and scalpers are trying to defend the fact that they day trade/scalp from traders who don't. I said it once and I will say it again. There is no wrong way ...

    The brutal truth of day trading
  • riclater211 replied Jul 17, 2021

    GOLD Dead center of the pandemic, Gold hit an all time high of $2089.2 Per Troy OZ on Comex on August 7th 2020 by doing its job as a safe haven asset. Today it sits at $1815.00, a 13.25% drop. Attached to this post is the Gold Mid Year Outlook as ...

    Metals Mash Up
  • Attached Files
    File Type: pdf H2-Outlook-2021.pdf
    File Type: pdf ETF-June-21-Fund-Flows.pdf
  • riclater211 replied Jul 17, 2021

    Hey RickM, I get what you are saying now. Makes more sense. You can not trade all vehicles the same. Stocks trade differently than FX or futures. Corn and Wheat are different from Crude and the Euro. Day trading and scalping is different from swing ...

    The brutal truth of day trading
  • riclater211 replied Jul 17, 2021

    Hey ryuryu, Real estate is a good investment but it is longer term. It is hard to make money on real estate instantly because of the huge costs and ongoing costs. Tax treatment is great in real estate because of all the write offs you can get, in ...

    The brutal truth of day trading
  • riclater211 replied Jul 17, 2021

    Hey BW, I feel like I must chime in and say that I do not know anybody, including myself who solely makes a living on trading Forex. The 1st rule of making money is never place all your eggs in one basket. I will tell you a quick story. In 2010 CFTC ...

    The brutal truth of day trading
  • riclater211 replied Jul 17, 2021

    Hey ryuryu, I love your honesty. I myself have no formal training. I have never worked in any type of finance or bank other than being a a telemarketing wank for half a summer at a mortgage broker. What a dreadful job. Everything I learned was from ...

    The brutal truth of day trading
  • riclater211 replied Jul 17, 2021

    Hey RickM, I do agree with you that trading is lonely. My family still does not fully understand what I do. Neither to my closest friends. I just tell people I am an financial analyst, which isn't untrue. That is the main reason I come and go on ...

    The brutal truth of day trading
  • riclater211 replied Jul 17, 2021

    Hey BW, I am re-reading what I posted. What did I see to cause him to react like that? I 100% agree with you. The internet is not safe. This is not a secure site. - Ric

    The brutal truth of day trading
  • riclater211 replied Jul 17, 2021

    Hey RickM, I know I am typing in English. Why do feel that you need to brag about the accounts you have. That is not very safe. I am not asking for anything. I said you are doing a good job day trading and good luck. Is English not your first ...

    The brutal truth of day trading
  • riclater211 replied Jul 17, 2021

    Hey All, It has been awhile but I am back. Crazy 2 years but I wanted to come back so here I am. A key change since I have been gone is I am trading Metals through Futures contracts. All pricing and analysis is based on COMEX & NYMEX using ...

    Metals Mash Up
  • riclater211 replied Jul 16, 2021

    Hey DojiSan, Ever since CVC has taken over it has gone done hill. I use TradingView for all my Forex Trading. You can connect Oanda alive and demo through it. Since you are not talking about MT4. - Ric

    OANDA Discussion
  • riclater211 replied Jul 16, 2021

    Hey BW, I have been eating crap for it for years my friend. The people I personally know also give me crap for trading longer term. However we know and respect each other because we all proved to each other we are F.O.S. - Ric

    The brutal truth of day trading
  • Posts by Member Search: 'riclater211'
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