1. According to him, he ALWAYS traded his signals. He used to say that he was not a signal service, that he only showed us his trades and explained why he took them, and if we wanted to follow his trades it was our responsibility but his primary ...

This is crazy. Last year, i was about to invest U$50 thousand in Jacko's fund but because the brazilian government is so protectionist, i couldn't make the transfer and wouldn't be able to make it without an enormous amount of headache, so i just ...

Trading teached me the value of persistence. There's really no free lunch, or if there is, it's highly likely that someone will find it and eat it before you.

I suppose higher spread will mean less other scalpers to compete with you, which will mean more and better trading opportunities. so in the end the higher spread may not impede you to successfully scalp. I'm just speculating here, though, so don't ...

Not sure yet how FX will change it. Right now it hasn't changed it all that much, although i learned that determination is needed to succeed at anything. In two years i'll be back to post changes. I'll bump it (hopefully, but unlikely ) in 17th ...

Being able to trade from anywhere in the world.

Why isn't there the option of 100% skill? In the long term, all that matters is skill. Luck can only take a fool so far, and it may even be worse if the newbie is lucky in the beginning because he will think he's the big kahuna, will increase his ...

Yes, that seems to be the better alternative for now. Need to wait until price gets to the supp line to see what happens. Unlucky for jacko not to trade today eh.. although by the strength of this move i think price will either break the line or ...

Wow i'm impressed. Keep up the good work.

FX gains count as capital gains income as far as i know. So you're saying that in the US capital gains are taxed as personal income? This doesn't make sense. To answer max pips, there are several countries that don't tax FX gains, just look at the ...

But the country i'll be in will have no taxes on FX gains. So you're saying that once i change country and then withdraw some money from the broker acc, my previous country will somehow demand me to pay the taxes on the profits i made while i was ...

Yes but my question is what if i don't send any money from my broker account to my bank account until i change country? No, it isn't, but any amount is a lot to give to parasites who aren't deserving of any money.

Wow this guy has very wise things to say. I always knew them intuitively i think, great thing that there's actually been research into it.

Yea, that happens fairly often with me too. It's an amazing phenomenon lol.

He uses 3 different brokers if i'm not mistaken. He doesn't tell even his private trading group which these are, he doesn't want to look like he's marketing for some broker i think. But it doesn't really matter, as long as we're picking top brokers ...

url Yes, 200 standard lots equals U$2,000 per pip. Gives me the creeps just to think about it.

Price breaking the daily TL again.. i don't know, this trendline is now looking like it's weakening. Let's see what happens, if the next move up is going to be as strong as the previous one.

I think that having a personality suited for trading helps a lot. If you're introverted, enjoy your alone time, hate bosses and politics, love independence, then you have a much better chance of becoming a good trader because you'll love what you'll ...