Time Frames I trade and why — I like to trade a larger time frame for example the Day, 4hr, or 1hr as the time frame to look for some sort of a trend. Then time my entry on the 30min, 15min or 5min. When I find a good trend on a day or 4hr the ...

If only I could go back in time — I wish I would have focused on trading while I was in college. Good luck to you all!

Top Notch Article — Jimmy, This is one of the best articles for new traders I have seen. You have covered just about everything a new trader would need to consider. Over the years I have talked to thousands of traders and they all could learn ...

Good strategy for beginners — I recommend the jump start strategy for a newbie to get a feel for the market. It is free to use as well. This is a cash flow strategy for getting in and out of the market frequently to get beginners the practice ...

Depends on if you can overcome the psychological effects real money will have on you once you start. If you trust your strategy and can be disciplined to manage your risk. You might be able to. Good luck!

I agree that the more you trade the larger all parts of the portfolio. Too often I think people thinkthat if they trade more the only thing they will have isn more money. They get trigger happy without thinkin gof the steps they must take pre trade ...

Great stuff. — COntrol is the key I agree thanks for the post!

Long Term vs. Short Term — I would consider any trade opened and closed inside a 24 hour period short term. Anything trade opened and help for over 24 hrs to a week medium range and anything opened and held onto for more thena wek long term. ...

Merlin you know your stuff! Do you studdy tax laws?

Bond007 Thanks for the tips!

Taxes? Thanks!!! — Many thanks to everyone in this thread I appreciate the effor that went into the posts!

IRS &quot;1256&quot; — IRS 1256 HMMM< I will have to cehck it out too Thanks!

Forex accounts about Taxes. — Are there any accountants out there that understand Forex tax laws that would like to share some information about the best ways to work out tax angles. I have an accountant right now that I am not sure how much ...

Set it and Forget it WOW!!! — I like that a lot. Once I get ia trade and it is going my way I set my trailing stop. It runs my trade for me. But I do not apply it until I have decent profit and good angle. Stop losses are big for me too! ...

The Simpler the Better — I agree we all try to over complicate things. THe simpler the better because too much information create too many rules and then we can not enter good trades becasue we have too many criteria to make it work. O rthe ...

You would definitely be flagged by the broker and receive special attension give to your account by someone who would nto really be your best friend. If you know what I mean.

I think it would be wise to evaluate the calculations to make sure they are sound.

Not knowing the full details of your experience in the market you speak of loosing money everyday. Do you have strategy? Did you paper trade and practice before putting real money into it? If not I would quit trading it until you get some sound ...

Lose is inevitable in this market. But you right if you use stop losses you can protect your self to some extent. More than that you need to not over leverage your account. Only leverage no more than 2% of your account. This can take a lot of ...