You are right about the newbie not having the expertise. When you finally get to the reality of professional scalpers, you discover the fact that like any professional, we have skills which go beyond our knowledge. I found it very interesting when I ...

scalping — I hate to break your bubble, but I am afraid none of you really know anything about scalping. I have been doing it for at least 10 years. As far as numbers go, here is the reality: I make at least 100 Round Turns per day. Many days ...

Here is how I handle it. My account is like a piece of equipment used to make money. It is not an investment account. I take money out of my account weekly. This keeps me from being tempted to take bigger risks. When I lose, the money I put back is ...

I agree. Most of the jabber on forums is just that. I would like to communicate with anyone who is a full time trader. I do not trade the forex market, because the spreads are too costly, or in the case of Oanda, the leverage is too small. I only ...

You might be interested in knowing this. Yesterday I got locked out of my Oanda account with no explanation. I was not near any margin requirement or any other reason for this action. I have demanded an explanation of why they locked me out, and ...

I understand what you are saying. And I ask myself "why am I bothering with this?" I thought just like you for the first 10 years of my trading. And my brokers kept saying exactly what you are saying. But in the end, my broker who has been in the ...

First, if you think it is just luck or chance, let's see you make the same claim. You make it go up or down on command, using someone else's direction 70% of the time. Sure. As far as by phone, I have no objections. It does not matter how the time ...

I cannot say how I will do it. However, I would like to prove my point. You must realize, if I am right, and it moves up at exactly that time, it could be just coincidence. So we will have to do it several times for you to be convinced. You should ...

OK, here is my 2 cents. Some of us who are more experienced would just like the basic set ups. Perhaps if you made a small (but powerful) booklet titled "my 12 favorite trades." Give two or maybe 3 examples of each trade. Sell it for whatever you ...

If you noticed, I asked for it to be during the evening, west coast time, as I sleep days and trade nights. So how about Wed 9 pm west coast, or midnight EST? Or, if you prefer, Thurs at 3am west coast, which is 6am EST?

What you said in the chart is right on. There are truly "average trades," and then there are "prime trading opportunities." What I have learned is to evaluate risk and bet only small amounts on average trades. When my account is down, I bet only on ...

Jim, I appreciate your hint, but I have been enjoying the continuity of your thread. I think it would be a distraction if we went in several directions and there needs to be only one conductor of a train. Sure, I have learned a few things in my ...

The first time, I mentioned it to my broker, and she said it must have been my connection or computer, which is a standard no-responsibility answer. The second time, only a few days ago, I contacted technical support. They asked what time it ...

William, If you have any more web sites with information about elipse analysis, please provide. I have been trading for over 10 years and not heard of this, and it looks interesting. Patrick

Amen to that, brother. At one time in my trading career I had to post a message to myself next to my screen. It read something like this: You lose money many days, but every day there is a point where you have increased your account by at least 10%. ...

When I mentioned chart patterns, I was not talking about the most basic, like head & shoulders, pennents, triangles, etc, although these are essential basics. I assume every serious trader knows and understands these. If you want to know of what I ...

I have used cms/vt for a couple of months, and have traded real accounts with FXCM, "FXSolutions," Oanda, and possibly a few others and believe the VT charting and platform concept is the very best out there. I have experienced once where my ...

Experience has taught me not to trust any one set of information, but use as many as possible to confirm your primary hunches. So I studied and continue to study patterns. There are certainly "often repeated ones" and there has to be more than ...

I heard good things about Oanda, so I opened up an account a few days ago. When I started to trade, I noticed very small account changes when the price moved up or down. So I went to the place where I could look at the margin leverage and was ...