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- Akuma99 replied Aug 20, 2014
Are you looking for pure sentiment data, or plain history data? Sentiment data in FX is guess work at best, but you could look into FXCM's Speculative Sentiment Index, I am not sure if they provide data or an API into the data though.
Looking for sentiment data
- Akuma99 replied Aug 20, 2014
In truth no one can predict what is going to trend in the future, but the NY session is all about the USD crosses with the majors. So that is EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF. Volatility on these differ day to day, but stick to those and you ...
Active Pairs during New York Session
- Akuma99 replied Aug 20, 2014
7PM or so PST sits you right in the middle of the Asian session. I day traded the Asian session for a couple of years, unfortunately at 7PM DST you miss the early Tokyo action, but it does set you up for Tokyo close and London open. In terms of what ...
Which pairs to trade 7pm PST onward?
- Akuma99 replied Aug 20, 2014
You are meant to do it for a good reason
Do you log your trades?I've traded for 13 years, and logged trades for 10 of those, both on paper and digitally. Digital version I do through my blog in weekly reports, my paper logs are invaluable in doing weekly retrospectives ...
- Akuma99 replied Sep 9, 2012
I've learnt being a full-time trader is harder than being a part-time trader I've learnt each trading system has it's own personality that needs to be compatible with your own I've learnt absolutely no-one is out to get you in trading I've learnt ...
No more BS - What have you learned?
- Akuma99 replied Sep 9, 2012
I trade my own account, full-time, and I trade around my lifestyle rather than the other way around. I don't own a yacht , a condo or a merc, but I make a living, watch my kids school concerts, stress about bad positions and play sport badly. The ...
I trade my own account for a living. Tell your story
- Akuma99 replied Mar 18, 2012
Find a mentor Buy from sellers, sell from buyers Your hardest opponent in trading is yourself Spend 80% of your trading education on personal development Find out why you trade
One thing you would pass on
- Akuma99 replied Feb 2, 2012
Well there you go, my news feed got it wrong I guess, either way it still has meaning.
This Huge Candle
- Akuma99 replied Feb 2, 2012
I don't know enough about auction schedules to say if they can be something that are pre planned enough to include in a calendar. In the current EUR climate though these auctions hold some short term importance, so worth keeping an eye on. In terms ...
This Huge Candle
- Akuma99 replied Feb 2, 2012
That candle came from better than expected Spanish bond action results. Not something you will see in the FF calendar. The fact is was rejected so strongly though gives a good hint on the short term sentiment from the pair.
This Huge Candle
- Akuma99 replied Feb 2, 2012
It took me close to 7 years to be consistently profitable, but I knew it was what I needed to do. Life events in that time only confirmed that the lifestyle and flexibility that trading could provide meant I just needed to persist. It isn't ...
Why did YOU persist after years of unprofitable trading?
- Akuma99 replied Feb 2, 2012
Switch two words around on that one and I think it is closer to the mark ... i.e. "Some knowledge of technicals and good control over emotions" ... That one is definitely wrong, that comes from my experience, and many other full timers I know. It is ...
Why do most traders lose money in the market?
- Akuma99 replied Jan 30, 2012
Here is some more relevant data: url
Why do most traders lose money in the market?
- Akuma99 replied Jan 30, 2012
If you are talking about the FX markets, then you are 100% correct. That saying though comes from the regulated markets, with brokers who are obligated to report regularly. It also comes from a long time ago, although I doubt things have changed too ...
Why do most traders lose money in the market?
- Akuma99 replied Jan 30, 2012
2% is what I am willing to lose, but you need substantially more than that to cover margin, especially at lower leverage limit account as I trade. Also I don't pretend to always win, so if I need some funds for new trades, I don't want to be ...
How much do you risk in a trade?
- Akuma99 replied Jan 30, 2012
The 90-95% statistic actually has suffered from Chinese whispers somewhat. I believe I read originally that this stat referred to the amount of people don't make enough money to do it full time, so it would include break even traders, and those that ...
Why do most traders lose money in the market?
- Akuma99 replied Jan 30, 2012
You have made a good point, it is dependant on time frames. I am a day trader, so it is likely that dropping down in time frames makes the room too small. If you start on weeklies or daily then you are right, dropping down can provide intra move ...
What to do in ranging markets? Traders worst nightmare
- Akuma99 replied Jan 30, 2012
As a full time day trader, I find anything more than 2% is suicide. I personally trade 2% if the trade is with the trend, 1% if it is against the trend. I have stop sizes that allow the possibility of tightening that stop to less than the original ...
How much do you risk in a trade?
- Akuma99 replied Jan 30, 2012
There will be the usual replies based around technicals, let this run and cutting that short. All important to a degree, but as I had to learn the hard way for the last 12 years or so, a lot of traders lose money simply because they don't understand ...
Why do most traders lose money in the market?
- Akuma99 replied Jan 30, 2012
The logic on that one is actually backward. If you are in a ranging market, it is one of contraction. Range and volatility are decreasing as the market goes quiet, which means if you drop down a time frame, it is like stepping inside a room with ...
What to do in ranging markets? Traders worst nightmare