It is criminal how they are reducing access to the free market for small players, all under the guise of 'protecting' us. We need protection from the protectors.
4
Identifying Market Swings - Medium and Long Term Trading 619 replies
Trading With Moving Averages 72 replies
Moving Averages Zone Trading 10 replies
HELP! GMMA (Guppy's Multi-Moving Averages) Trading Mehod 3 replies
Via indicator: trading xxxyyy via zzz 0 replies
DislikedIt is criminal how they are reducing access to the free market for small players, all under the guise of 'protecting' us. We need protection from the protectors.Ignored
DislikedIt is criminal how they are reducing access to the free market for small players, all under the guise of 'protecting' us. We need protection from the protectors.Ignored
DislikedRestricting leverage is good. Going 100x is basically is a one way ticket to capital destruction.. and the regulators and brokers know it.. Also, the only reason they are clamping down, is that soooo many retail traders have blown up, and cried to the authorities that they basically are forced to react. (proof is in the brokers reviews).Ignored
DislikedWhy is 100x a bad idea? It's all in the numbers. Brokers know that if you: 1. Take on 50x up to 100x leverage. 2. Go to max exposure on one or two positions. (most of us do this, and use up all the available margin, almost right away) Then all that needs to happened is for normal volatility to wipe you out. Your best case is you get 50/50 chance of getting into margin trouble. But stats suggest it is far worse. {image}Ignored
DislikedGlobal prime are ECN and doing 1;100, /200 , not sure how they get around thisIgnored
Disliked{quote} While it's frustrating, I disagree with you. If they wanted to reduce access to the free market for small players they would create regulations you wouldn't pass unless you were a big shark. Example: 1) Pass a governmental financial test that costs $1000 to take 2) Get licensed for being able to trade 3) Make trading illegal to individuals unless you're an accredited institution The restriction to 30:1 on most brokers come after probably brokers themselves failed to manage trades with 100:1 and more. It's really not the small players that...Ignored
DislikedIntro. My name is Alan, been trading for donkeys years. Now specialise in trading Cable only via a very effective but simple method based upon the evidence presented by the market and not what I may think will happen down the track. I am going to start this thread with the chart setups and then move on to what to look for, timing, targeting, money management etc.. and whatever else I find relevant at the time of writing. Overview... If you don't believe Price is always trying to make HH or LL averages then it is pointless for you to continue reading...Ignored
Disliked{quote} This is a nice comprehensive list. Just a couple of points. A hedge also consolidates all the say short trades into one single long trade. Bar 108 is the approximate time I begin to look for trades, I may not take one exactly at this time. Zoo points on the hour although they do include divergence they can also be many other things such as average swing highs/lows, daily pivot point levels and so on. The worst thing to trade is when the price on the hour is at the EMA because it could break either way. A good list to print out for yourself...Ignored
DislikedGood Fridays trading is worth a note or two here... Below you see the 1 minute chart and the rather erratic price action. This is low volume trading and is very often met with high spreads from brokers to deter traders from taking entries to make quick profits. {image} What we should be asking is why this particular level is so important so we must look to the higher time frames for a solution. On this 1H chart i have changed to candles to make the bull support clearer. We can see the bears cannot close below this support and likewise the bulls...Ignored
Disliked..."The worst thing to trade is when the price on the hour is at the EMA because it could break either way"...Ignored