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  • #369,661
  • Jan 21, 2011 12:08am Jan 21, 2011 12:08am
Actually it should be 72% not 71% for unprofitable accounts.

If we took Oanda clients out of the equation the result would be below 20%.

Keep on trading
  • #369,662
  • Jan 21, 2011 12:09am Jan 21, 2011 12:09am
Quoting fontu
mofu as defined by gator technically but I use in any unhealthy, filthy situation .

http://en.wikipedia.org/wiki/Mofu
fontu
lol...
Look Sharp/Trade Tight
  • #369,663
  • Jan 21, 2011 12:11am Jan 21, 2011 12:11am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting apt
Looks like a long TP at 1.3483/86 seems suitable.
yay.

Previous M15 TL support, has now become resistance. For now..

http://i53.tinypic.com/288t4aw.png
  • #369,664
  • Jan 21, 2011 12:12am Jan 21, 2011 12:12am
Damn. Missed getting my bid filled by 4 pips on that last drop. At least I wasn't the next unfilled bid in the cue when EU rose again.
  • #369,665
  • Jan 21, 2011 12:12am Jan 21, 2011 12:12am
Quoting fontu
mofu as defined by gator technically but I use in any unhealthy, filthy situation .

http://en.wikipedia.org/wiki/Mofu
fontu
between #2 and #3 mofu. blue box
Attached Image (click to enlarge)
Click to Enlarge Name: bear 1.PNG Size: 26 KB
those who can, do. those who cant, talk about those who can
  • #369,666
  • Jan 21, 2011 12:13am Jan 21, 2011 12:13am
http://forexmagnates.com/us-forex-br...arison-q4-2010

And, 'Forex brokers in the US have shown a rise of 2% in their clients’ profitability rate in the fourth quarter of 2010. Since the new regulations came into effect, brokers are obliged to report their number of clients and their profitability rate'.
  • #369,667
  • Jan 21, 2011 12:14am Jan 21, 2011 12:14am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting apt
yay.

Previous M15 TL support, has now become resistance. For now..

http://i53.tinypic.com/288t4aw.png
Looks like that's gonna break. Long TP 1.3512?
  • #369,668
  • Jan 21, 2011 12:15am Jan 21, 2011 12:15am
Quoting apt
M15 TL tested 5 times in 13 hours.

M15


http://i52.tinypic.com/wwmey0.png
On 2nd look, it seems like an ascend tri?
Hmm, see whether TL holds
  • #369,669
  • Jan 21, 2011 12:15am Jan 21, 2011 12:15am
Quoting grandpost
chart
ya basha
  • #369,670
  • Jan 21, 2011 12:17am Jan 21, 2011 12:17am
Quoting manz66
http://forexmagnates.com/us-forex-br...arison-q4-2010

And, 'Forex brokers in the US have shown a rise of 2% in their clients’ profitability rate in the fourth quarter of 2010. Since the new regulations came into effect, brokers are obliged to report their number of clients and their profitability rate'.
It's funny how all the Mt4 brokers have dismal results and IG markets platform is probably one of the worst I've ever seen in execution.

Oanda on the other hand is leading the charge for retail traders with only 53% unprofitable(LOL).


Such dismal, DISMAL numbers.

And guess what you don't get free booze when playing in the casino
  • #369,671
  • Jan 21, 2011 12:19am Jan 21, 2011 12:19am
If german data is good @ 4 AM EST ....
I think 1.3520 gonna break ...
  • #369,672
  • Jan 21, 2011 12:20am Jan 21, 2011 12:20am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting Bigvick991
It's funny how all the Mt4 brokers have dismal results and IG markets platform is probably one of the worst I've ever seen in execution.

Oanda on the other hand is leading the charge for retail traders with only 53% unprofitable(LOL).


Such dismal, DISMAL numbers.

And guess what you don't get free booze when playing in the casino
Not true, you gotta tip the cocktail waitress.

By the time you're done at the Casino with all the tips, it's as if you bought 2 bottles of Johnnie Walker Black at your House.

So...
  • #369,673
  • Jan 21, 2011 12:20am Jan 21, 2011 12:20am
Quoting Bigvick991
I have compiled public data from 8 large forex retail trading brokers that are required to report how many profitable and unprofitable accounts they have.

Profitable: 28%
unprofitable:71%


And you all think you can win at this game...
What's the TF? I've had a crappy (unprofitable) week. Today's positive and the last 2 1/2 months since I returned to trading FOREX have been positive.
Like everything else in FOREX, it depends on the TF.
But yes, the odds are against you, especially if you don't do your homework.
  • #369,674
  • Jan 21, 2011 12:21am Jan 21, 2011 12:21am
Quoting Bigvick991
It's funny how all the Mt4 brokers have dismal results and IG markets platform is probably one of the worst I've ever seen in execution.

Oanda on the other hand is leading the charge for retail traders with only 53% unprofitable(LOL).


Such dismal, DISMAL numbers.

And guess what you don't get free booze when playing in the casino
not as bad as the death rate for prostitutes. they have 100% mortality rate of the ones in the business over 140 years.
those who can, do. those who cant, talk about those who can
  • #369,675
  • Jan 21, 2011 12:21am Jan 21, 2011 12:21am
Quoting aarontdang
If german data is good @ 4 AM EST ....
I think 1.3520 gonna break ...
Your a daisy if You do.
  • #369,676
  • Jan 21, 2011 12:23am Jan 21, 2011 12:23am
When one looks at the unprofitable numbers in forex spot with an open mind and compares them to almost any of the other single instrument, self directed type speculations, they will see there isn't much difference at all between them at all. Try daytrading the U.S. stock markets on 50:1 leverage.

As with anything only a small number will rise to the top and that is the way of the world.
Don't Panic. Stay With You're Group.
  • #369,677
  • Jan 21, 2011 12:23am Jan 21, 2011 12:23am
Quoting Bigvick991
I have compiled public data from 8 large forex retail trading brokers that are required to report how many profitable and unprofitable accounts they have.

Profitable: 28%
unprofitable:71%


And you all think you can win at this game...
That sounds nice...would you please provide links to the sources..I'm pretty anal I tend to double-check everything in forex. Thanks. Nice work.
  • #369,678
  • Jan 21, 2011 12:23am Jan 21, 2011 12:23am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting iflyjetzzz
What's the TF? I've had a crappy (unprofitable) week. Today's positive and the last 2 1/2 months since I returned to trading FOREX have been positive.
Like everything else in FOREX, it depends on the TF.
But yes, the odds are against you, especially if you don't do your homework.
Well from what I understand from the Admins at the Oanda forums, the majority of profitable traders there are scalpers.

But from what I have read, most of the big scalper players have been there since the beginning and are veterans at it and MM. Supposedly that broker also attracts seasoned US retail traders who are specialize in scalping.
  • #369,679
  • Jan 21, 2011 12:24am Jan 21, 2011 12:24am
Looks like China's dumping $ has taken eu out of rhythm and turning it into a wild camel and doesnt know which way to run loose...
  • #369,680
  • Jan 21, 2011 12:26am Jan 21, 2011 12:26am
Quoting zaphy
That sounds nice...would you please provide links to the sources..I'm pretty anal I tend to double-check everything in forex. Thanks. Nice work.
someone already posted the link to what I looked at.

http://forexmagnates.com/us-forex-br...arison-q4-2010

Just add it up and divide
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