I have an idea. Just use the market order, I think the slippage will be minimum as long as you are not trading during volatile times. Another way to do is by signing up with a clearinghouse that has fixed spread at all times. I use a clearinghouse ...

The more interesting question is whether we have any kind of impact on the forex market. I know we are small, but let's say even if we become big. The clearinghouse that we use, are they just matching the buy and sell among us within the ...

I bought USDCAD. Just going to hold it until it turns positive.. well it's already positive but at least to 1.07

Just Buy USDCAD and hold it until it turns positive. LOL

I just want to add one more thing. If you are using metatrader, you need to keep the program ON, it's not going to work if you turn off your computer. I dont know about any other platform. ALSO, it seems to activate ONLY if you are in positive area. ...

I say more leverage the better just in case you need it. I have 200:1 leverage but wouldn't make a difference at all whether they give me 100:1 or 400:1, I don't trade differently. But having 400:1 would be better since I can put more money in when ...

I don't think you need college degree to do Forex. BUT if you do want to work at a big firm as FX Trader (and I tell you, the FX area is small compare to equity market, but FX departments seem to be expanding at big firms like Goldman and Morgan), ...

I don't think I ever want to go full time trader. I love trading but the way I trade, I dont need that much time. Maybe 10 mins? 15 mins a day is fine. I don't think I will be any different just because I dedicated all my time to it. Sure, I trade ...

Looking at the data, it seems about right where half people make money and half people lose money. More losing than winning but that makes sense since the clearinghouse takes big chunk. I am personally positive. I have been doing much better ...

I think it's doable as long as you have some decent size account. Minimum $10,000 dollars. I hit one or two good trades a month and makes about 1000 to 2000 dollars using 5 lots. I used to make a lot more when I was going in about 10 to 15 lots at a ...

Canadian dollar rules!

I make living on it. I make about 2000/wk consistently.

I am exactly going to do that. I am going to earn my MBA and I will trade forex. It's pretty easy I think. Forex doesn't take that much time and gives enough money to make a living.

One really easy way to do this is just by simply pressing "print screen" on your keyboard and paste on to MS paint. You can do that with ANY program.

Well start with Metatrader, that has built in languages that you can use to program and automate trades.

Trailing stop doesn't work well with me. Trailing stop usually takes me out although in the end it goes my way. I set my SL and TP and that's it. I'll look at the market separetely if I need to exit. The market is too volatile to use trailing stop. ...

I do something similar, and I just trade with one broker, knowing that it is the slower one. You can make a lot of money doing this, and quite safely too. Let's just say the broker did take your money away, you are losing opportunity and some time, ...

Some people criticize what I do, some people agree with what I do on this forum, which is what I expected. Anyway, today was good on ISM manufacturing, ISM. 15 lots, 19 pips and 2850 dollars. Good. I should have shorted again when it retraced but I ...

Yeah... Oanda does not fix their spread so my method would not work. But yeah, this is not something you can do forever. They will figure things out one day. I do constantly try trading technical for this reason. But as long as they let me, I will ...