I think it depends on how much of that investment in forex compared to your total net worth. If you have a 100K net worth and you invest $4K in Forex, and you know something about trading methods and money managemet probably a high percent like 80%, ...

Agreed. Obviously that Mike guy is trying to help here and I appreciate that.

I think the essence in this whole thread for everyone to think about is that, realistically, just how easy (which some people do think this way) to achieve a 10% each month, and you are confident you can do it over a few years? There are a few ...

The above pretty sums up the the answer. If you think you can consistently grow your account by 10% per month, and you compound your investment this way (reinvest the extra 10% the next month), and you can do it for a few years, congratulations to ...

SeekingLight, Yes, I agree. I am also looking for some brokers that don't widen stops too much during news (don't mind platform freeze or requotes during news as I have no plan to enter during news). Sometimes platform freeze and requotes for those ...

SeekingLight, Totally agreed with you. Did you see my thread here? url As mentioned in the thread, my idea is that fixed spread brokers didn't frustrate their clients who already hold positions, but probably frustrate those who don't have ...

I want to open an account with IBFX too. If you have any good or bad things to say about them after a couple of months later, please update (since you just open your account and you can't tell right now). Thanks.

Hi StockJay, Even trading using 4-hour chart, I wonder from time to time you found the market price getting close to your stop loss price and then there are 2 to 3 news being announced everyday (for a particular pair) and the widened stops took out ...

It seems that interbank fx is pretty popular, though I heard some bad things about them in some of the threads.

Many people do reseach based on backtest. If your rules of backtest are solid and reliable and showed consistent positive result, then they are pretty sound and at least you can have some confidence to trade according to the rules of the backtest. ...

The problem with moving your stops or taking it off is that if the news turned out to be against you, you have to take the extra loss. Say, if you move your SL 20 pips farther away, but the news turned out to cause the price to spike by 50 pips, you ...

Hi SeekingLight, I experienced your problem too and the widening stops is really a hassle. See my recent thread here "Pretty interesting BID/ASK MECHANISM during news-Another trick(dirty?) to take money?" I believe some brokers to take advantage by ...

THANKS! — GOT IT. Now I am ready to go and build up my database. Thanks to all who has helped here. Just one last little thing and it's done. For formatting cells, I noticed that for number, it has 4 choices for displaying negative numbers, ...

Hi Smjones and Seigu, Thanks for your help. Seigu, yes, from what I see in your sheet, that's what I wanted, and the fuctions work the way I like them to. Thanks. Actually I know what I wanted are some pretty easy functions, only that I don't know ...

HI smjones, Thanks for your reply.Appreciate it. I opened your attached excel sheet. I experienced 2 problems. 1st problem is that your suggestion, =if(a1<>0,a1,c1) in Cell E1, I interpret it as follows: if a number is entered in A1 which is bigger ...

It's curve fitting. Patterns exist in stocks, forex and other financial instruments. It means general patterns/trend can give you assistance in your decision making. But to have a supercomputer that take account of every point/price and formulate a ...

Thanks for your info. Does Alpari have fixed or variable spreads (especially during news) and do they still do the swap the old way which is to integrate the swaps into your positions (rather than just debiting or crediting the swaps in a seperate ...