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  • #589,341
  • Jan 27, 2012 11:03pm Jan 27, 2012 11:03pm
Quoting KillerWhale
Don't know were always the numbers 90-95% come from.
Pure guessing without any facts?

According to Oanda filings per quarter they have 35-40% profitable accounts.
35-40% profitable accounts doesn't mean they all are making good profit, i mean most of them are in less profit, if their account showed profit $1 is also will add to that 35-40% lists.
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  • #589,342
  • Jan 27, 2012 11:06pm Jan 27, 2012 11:06pm
Quoting Killy
normal broker doesnt care - he just gives you access to a ecn for a comission

...

i am not talking bullshit brokers which are registered in Cyprus or Haiti
Most of brokers are pure thieves, never underestimate their greed. They can cheat you for even a penny, a quarter is big money.
The Thief of Wall Street
  • #589,343
  • Jan 27, 2012 11:10pm Jan 27, 2012 11:10pm
Quoting Chicky
Most of brokers are pure thieves, never underestimate their greed. They can cheat you for even a penny, a quarter is big money.

captain obvious says - dont use them. use those with direct market access and registered in UK or US
  • #589,344
  • Jan 27, 2012 11:17pm Jan 27, 2012 11:17pm
Quoting Killy
captain obvious says - dont use them. use those with direct market access and registered in UK or US
can you explain this " direct market access " i heard forex has no centralized direction.
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  • #589,345
  • Jan 27, 2012 11:21pm Jan 27, 2012 11:21pm
Quoting Killy
captain obvious says - dont use them. use those with direct market access and registered in UK or US
You are right. However, I consider broker tactics an integral part of business, one only need to remain vigilant. When they don't accept my orders, I never go in opposite direction for rest of the day.

The most strange occurance I ever observed was hitting my sl when pa never got even 30 pips near to it. Not once but three times in a row in 15 minutes. Some other guy same day had same experience with the same broker, he posted his conversation with the broker here on FF in some thread. The reply from the broker was that their charts only show average of highs and average of lows that occur in a minute (your option! laugh or cry on this statement). The same broker's platform also show 10Sec and tick chart. I don't know what the fuck their less than 1M charts show. This broker is considered to be one of the most reputable brokers in the United States. Their only this statement is enough to put them out of business if their is something called law and regulations.
The Thief of Wall Street
  • #589,346
  • Jan 27, 2012 11:21pm Jan 27, 2012 11:21pm
Quoting ibpo
can you explain this " direct market access " i heard forex has no centralized direction.
http://en.wikipedia.org/wiki/Interbank_market
Don't get mad, get even!
  • #589,347
  • Jan 27, 2012 11:33pm Jan 27, 2012 11:33pm
Quoting stulic
http://en.wikipedia.org/wiki/Interbank_market
thank you for link.
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  • #589,348
  • Jan 28, 2012 12:09am Jan 28, 2012 12:09am
Quoting kibescorp
This is not an "uptrend," merely a long overdue correction that will last to maybe 1.3400 before it all comes crashing down again.

If you look at the weekly/monthly charts for the past two or three years, you can clearly see that such a retracement is NOT unlikely and is no way signals that the overall sentiment has shifted permaneantly to "positive."

The market is simply waiting for the next major FUNDAMENTAL bombshell to send it all crashing down again.
wow did u say weekly an monthly? this is why i specifically said i was looking at 1hr charts every chart has trends..of course higher time frames more signnnificant mmmm however i personally dnt trade short term off of a weekly/monthly chart daily will suffice. i jus ddnt notice anyone with 400 500 pip targets so i fugured they were looking at lower tf is why i asked the question an 3400 sounds good ill tk the 300 pips
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #589,349
  • Jan 28, 2012 12:50am Jan 28, 2012 12:50am
Keep my JOB, keep my assets 60% contre usd +3.6%, keep my working pension for the second year. I made the bank to compensate me card technical breakdown and replenish my card. Baby hold on, !,m coming.
  • #589,350
  • Jan 28, 2012 12:57am Jan 28, 2012 12:57am
  •  fivex
  • | Joined Sep 2011 | Status: This is the title that appears | 247 Posts
Quoting Chicky
You are right. However, I consider broker tactics an integral part of business, one only need to remain vigilant. When they don't accept my orders, I never go in opposite direction for rest of the day.

The most strange occurance I ever observed was hitting my sl when pa never got even 30 pips near to it. Not once but three times in a row in 15 minutes. Some other guy same day had same experience with the same broker, he posted his conversation with the broker here on FF in some thread. The reply from the broker was that [b]their charts only show...
I hAve had simeLer issues with crims in the Past.. And Ridiculously I keep using them...
  • #589,351
  • Jan 28, 2012 1:10am Jan 28, 2012 1:10am
Quoting meromar
Keep my JOB, keep my assets 60% contre usd +3.6%, keep my working pension for the second year. I made the bank to compensate me card technical breakdown and replenish my card. Baby hold on, !,m coming.
Play, gamble or trade but keep ur job. JOB is a MUST. My broker said:trading doesn,t make living
  • #589,352
  • Jan 28, 2012 1:24am Jan 28, 2012 1:24am
Quoting meromar
Play, gamble or trade but keep ur job. JOB is a MUST. My broker said:trading doesn,t make living
for an experience trader 10k account is more then enough to make living out of it.
Trade responsiblypatience is the key/Swing trader
  • #589,353
  • Jan 28, 2012 1:34am Jan 28, 2012 1:34am
Quoting Incrediblle
for an experience trader 10k account is more then enough to make living out of it.
1 dollar a day is also a living. Smart living meant. If i know where to take money risk free why should i risk
  • #589,354
  • Jan 28, 2012 1:41am Jan 28, 2012 1:41am
does any one have RSS feed link for live quote , i need it for my tv
Mohan
  • #589,355
  • Jan 28, 2012 1:42am Jan 28, 2012 1:42am
  •  fivex
  • | Joined Sep 2011 | Status: This is the title that appears | 247 Posts
Quoting Incrediblle
for an experience trader 10k account is more then enough to make living out of it.
i love your enthusiasm...
  • #589,356
  • Jan 28, 2012 1:49am Jan 28, 2012 1:49am
watch yesterday's past chart there is 100% sure 3 trades each 10 pips, 100% sure = 10% risk x 3 = 30% profit a day from $100 invest

main problem is wrong entry, traders never open wrong entry, my 2 years of experience teaches me in 24 hours currency market we will get few minutes to get instant cash or we need more money ( 10k above ) to hold 6 month.
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  • #589,357
  • Jan 28, 2012 2:06am Jan 28, 2012 2:06am
Quoting ibpo
watch yesterday's past chart there is 100% sure 3 trades each 10 pips, 100% sure = 10% risk x 3 = 30% profit a day from $100 invest

main problem is wrong entry, traders never open wrong entry, my 2 years of experience teaches me in 24 hours currency market we will get few minutes to get instant cash or we need more money ( 10k above ) to hold 6 month.
if you can make daily 30% end of the month (21 days) you can make approx . $24.6 k from your $100 investment (maths saying so)
Mohan
  • #589,358
  • Jan 28, 2012 2:10am Jan 28, 2012 2:10am
  •  fivex
  • | Joined Sep 2011 | Status: This is the title that appears | 247 Posts
Quoting ibpo
watch yesterday's past chart there is 100% sure 3 trades each 10 pips, 100% sure = 10% risk x 3 = 30% profit a day from $100 invest

main problem is wrong entry, traders never open wrong entry, my 2 years of experience teaches me in 24 hours currency market we will get few minutes to get instant cash or we need more money ( 10k above ) to hold 6 month.
those were yesterday's charts---hindsite 20/20
  • #589,359
  • Jan 28, 2012 2:35am Jan 28, 2012 2:35am
I think this current up leg will reach resistance around 1.3270
Anyone care to comment on this idea?
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Trade2Win
  • #589,360
  • Jan 28, 2012 2:48am Jan 28, 2012 2:48am
Quoting Killy
captain obvious says - dont use them. use those with direct market access and registered in UK or US
I've been with a Russian broker for over 3 years now... never had a problem with them.
The best part....very very fast withdrawals ..yesss
Lets make some green pips
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