- Search Forex Factory
- 46 Results (1 Threads, 45 Replies)
- stelpm replied May 11, 2022
I asked a similar question, not long ago, but am focusing on the Forex market as a global trading platform, and we had better give some thought to the looming threat. Let's go deeper into your question and expand it a bit. If you are following the ...
- stelpm replied Jan 14, 2022
I read your lengthy opinion of your observation and experiences, but am not sure where all that leads. Are you interested in making profits from trading or from selling EAs to others? Personally, after having studied the ideas and concepts of many ...
- The questionable future of currencies
I have been trading since 2008, but absent from Forex Factory for some time. From my ...
- stelpm replied Nov 21, 2017
mvlad, I read your reply. You are correct that my satisfaction with Oanda does not mean that they don't make errors elsewhere. I came on rather strongly because I read so many comments of people who are trashing their brokers endlessly, while they ...
- stelpm replied Oct 25, 2017
I am really amused to read all the complaints that so many people have against their brokers, and specifically Oanda. If you send a scanned copy of your driver's license and it is illegible you can only blame the guy in the mirror. Just give them ...
- stelpm replied Oct 19, 2017
Oanda, and presumably all brokers, widens the spread during volatility. If you are an intraday trader, this should not concern you, since you can wait till the spread narrows again before entering or exiting a trade. If you have specific Take/Profit ...
- stelpm replied Oct 19, 2017
As a trader who started with Oanda in 2009 and still trading with them, let me inform you that I have never had any problems with them on any matter. on the other hand, FXCM was booted out of the USA by the CFTC for customer fraud. If you simply ...
- stelpm replied Aug 3, 2017
This is addressed to the one who wants to quit forex. We have spent a lot of time discussing this with you and it is beginning to appear as though you simply want a group of people to feel sorry for you and to try to encourage you, and to offer you ...
- stelpm replied Aug 3, 2017
Many of us have entered into the discussion about your lack of success and discouragement in forex. How about telling us what you are doing, in detail, and then maybe several people can pinpoint what you are doing wrong. For instance, how big is ...
- stelpm replied Jul 30, 2017
I don't believe that it is quite as deep as you make it to be. What you want to accomplish is to get a good understanding of money management first, and then how to enter and exit at the correct times. There are many people on Youtube who have ...
- stelpm replied Jul 30, 2017
As I have mentioned before, there is no such thing as "luck". If you believe that luck is some kind of unidentified, vague force that works with you or against you, you have no business in any kind of financial enterprise, not even gambling. But if ...
- stelpm replied Jul 28, 2017
There is no force on earth known as luck, good or bad. That is superstition. If the market goes against you, as it often does, you stay in the market because you made provision to make small trades which, even though in the negative for a while, ...
- stelpm replied Jul 28, 2017
Your reply to the one who wants to quit is respected but not necessarily encouraging. Back in 2008/9, before any of us learned how to read a chart, 63 of us got lucky by going long the EURUSD and made quite a bit of money. But then the market turned ...
- stelpm replied Jul 7, 2017
Is anyone willing to consider a totally unorthodox approach that has gained me 48% profit in 2016? Yes, in the minds of all the gurus I am a heretic, because I do not use stops. Here is the thinking, in summary. Spread your capital over 3 or 4 sub ...
- stelpm replied Feb 26, 2017
In my humble opinion, you are getting too complicated in trying to avoid losses. If you can contemplate it, I have not used a stop loss since the last quarter of 2015 and have stopped losing money. In fact, my $62000 have grown to $113,000 in a ...
- stelpm replied Feb 24, 2017
If you are doing so poorly with forex and your brokers, then it might be a good idea to quit this activity. I have been with Oanda for 6 years and now they even offer me a small payback for all my daily trading activity. It is not much but it pays ...
- stelpm replied May 20, 2016
Look, Nasir. If you wanted to become a brain surgeon you would have to spend thousands of dollars and around 10 years to become a truly competent surgeon. You would be doing both; spending money and working hard. Successful trading requires the ...
- stelpm replied May 19, 2016
Back then, when you first posted your thoughts of leaving, I had you contact me through my personal email, and you did. I suggested to you some basic education that you needed and where you could get it, but you stopped communicating. With that kind ...
- stelpm replied Mar 5, 2016
I notice that a lot of folks have rushed in to give abundance of sage opinions as to what forex is or isn't, and what kind of personalities are suited for it, versus those who should get out, but very little is offered in the line of support to the ...
- stelpm replied Mar 4, 2016
I am sorry to hear you say that you will quit, although this might be the best answer for you. But before you do, listen to my story. I began trading in 2009 at the urging of a friend who knew nothing and in a few months we were a group of 63, all ...