Thank you for your answer, swordsman. Firstly, I can't even explain how happy I am to tell you that I have both real-time charts and quotes...
Thank you both for your your replies. Pegasys, your managing strategy sounds quite sound. Personally, I haven't decided how I'm going to...
Edit: I would understand playing the support at 1.54 for the euro, but other than that there was never a reason to fight the decline in the...
I would trust the 5-year statistic. Most financial news places do it by net gain loss instead of percent gain loss (sounds more exciting). So if...
One problem, skippy -- the dollar strengthening move is hitting resistance everywhere, the dollar will likely weaken even if only an intermediate...
Why would you be expecting the markets to bounce? Most of the real breakout moves had room to run forever. Take the EUR/USD -- no real...
If you don't have natural skill you might as well put your money in an index fund and go somewhere else with your time. It takes crucial...
Forex margin is insane. Who really needs 250:1? I began two weeks ago and decided immediately my limit would be to only trade $200 for every...
Ok, I will admit that my options account is down 55% after 3 weeks of paper trading. I attribute about a total of 20% of that to stock news risk...
Seems rather insane to me. I'm a very new forex trader? Based on charts, it seems like most forex moves are slower trends. How often does...
My guess is that it is due to other exchanges opening at different times, but wouldn't this indicate that they don't have access to 24-hour...
I'm a purely technical guy, but when the market explodes I want to see why. Thanks for your help. Best Regards, Greg
I am/was one of them. Account swings can be greater than 15% per day (especially with options, I would know paper trading them), and we assume we...
With regards to wisdom... Wisdom is not something I lack, I know what I want, I know how to get there, and I know how to keep myself focused,...
I think I agree. It is normal to expect a small correction once a support is hit anyway, even if it blows on through. Thanks for your help....
I'm also considering paper trading only every other week to start, to keep my my mind fresh and focused on learning. I think this would also help...
When you first started trading, what did you do to try to speed up the role of learning from experience? For example: Read in-depth...
I do have stops, but I didn't mention them. If I entered at 20.10, my stop would be 19.90 or so with a goal of 21.90. If I waited for the...
I am a novice swing trader just trying to make the cut at even right now. My question is: what is your trigger for support and resistance plays?...
I will definitely add a week chart to my collection. I was looking at the levels back to the gap 9 months ago, but interpreted breakout from the...
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