Fair enough, makes sense. I haven't blown an account but I started out losing. However I noticed I was accurate 80% of the time (as in, 80% of trades ended positive) yet I scalped profits too early while letting losses go too far. Leveraging 100:1 ...

If you are trading for two years without turning a profit, you shouldn't be trading real cash. Why piss your money away if you don't know what you are doing. It's quite possible for someone to be smart, not brilliant, and to turn a profit in forex ...

Love this post! Scalping is taxing, sure, like any type of investing. I'm with this guy in that scalping is great. Plus it makes sense. Trading on price movement and behavior is a lot more reliable than trying to guess which way the market moves. ...

Literally a second after I put in a highly leveraged long... I got 'effed in the A

I just got WRECKED on that 60 pip drop :

wow wtf was that...

You're comparing 1920's Germany, who was absolutely devastated after world war AND living through a global depression of unprecedented scale, to a global superpower with financial resources and power up the ass? Interesting

No it's not. Printing money is better than borrowing. Listen, if the USA gets into a debt problem, it can deflate it's currency (which leads to inflation, like you said). But borrowing money and getting into trouble leads to bankruptcy AND a weaker ...

Is it better in Europe? Countries that are so far in debt have to borrow money and go FURTHER into debt just to make ends meet? Doesn't make cents. Or sense. The fact still remains that the US economy is strong and the US govt able to print money ...

I am deciding between two things here. Either there is a ginormous short squeeze going on, which is temporary, OR... large investors are betting that we are at or NEAR the bottom... and are throwing money into the euro so they don't miss the ...

I watch about 6 pairs. I trade solely on price action while keeping short term trends in the back of my mind. I'm a scalper. Sometimes if I short Eur in one pair, I short it with another as well (i.e. EUR/USD, EUR/JPY) but it depends on the ...

This makes sense, actually. I was expecting a big retracement in the EUR. The only way the Euro can move substantially higher is for investors to see a reason to go long, rather than investors simply closing their existing shorts. The Euro MAY rise ...

starting when? it's my first active trading on a day when options expire. I'm trying to figure out what to expect lol

Hi guys. Been trading for a while now with some good luck recently. Can anyone explain to me what effects the options expiry date (today) will have? I understand options/puts - I just don't know how today SHOULD be affected other than volatility. ...

That's an awesome idea! We should set up some on EFnet or something. #EURUSD, #GBPUSD, etc

I think if it hits 1.22, it's going to drop. At least for a quick min or two. Lots of entries set up at that level I think. We will see. That's what I'm betting on... a quick 10pip scalp or so

everyone tell me what you are doing or holding right now... so I can do the exact opposite lol

You can't group France and Germany together because they are polar opposites. One country spends and gives out an abundance of welfare program to its citizens, and one country is comparatively fiscally responsible and lives frugally. I'll let you ...

Obviously, as Germany and France are the two biggest countries in the Eurozone. I wouldn't imagine Slovakia holding that title. Let's be honest though, Germany's exposure to PIIGS is nothing. The country is probably the most fiscally sound countries ...