Posts by myfxpt
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Is forex gambling? In Experienced Traders Jun 01 2013 at 04:30
Ooooh, forexpipcatcher, you've been hanging around Myfxbook sharing your wisdom and insight with us all, but you are yet to make a single dollar from trading. Yes indeed, when someone throws bullshit out one can only laugh. lol
fxTrader In Trading Systems Jun 01 2013 at 03:12
Hello, and thanks for your feedback. I did have my track record verified but since changing back from Myfxbook investor password to my own investor password, the track record has changed to not verified status. I will try again now and see what happens.
fxTrader In Trading Systems May 31 2013 at 23:38
Nice steady growth that has the potential to turn a small amount of capital into a regular monthly income. The system trades six major currency pairs: AUDUSD, EURUSD, GBPUSD, USDCAD, USDCHF and USDJPY. I have been trading financial markets since 1978, including interest rates, bonds, stocks, and currencies.
[quote]SDTrading1 posted: 100% agree that basics is best. Main reason being to keep your mind clear and make it easier to follow a plan. Is good experience at the start to trial indicators and understand how they are lagging etc. Then once go through that process, just need screen time and getting use to price action. [/quote] Totally agree! Screen time...the more familiar you become with price action, the better your trading will be. You will see something develop on the chart and you will find yourself saying "I think there's going to be a breakout", or "I think there's a r......
[quote]AndyQuant posted: I, as an informatic engineer, strongly believe that algo trading is utmost succesful in the long term.Surely Human brain is far more flexible than a program, incredibly fast in information processing but dominated by feelings, stress, and more important... fatigue. By now the most powerful firms invest in server farm and HFT, rather than skillful traders, makes sense... [/quote] Good point. There is definitely an argument for automation in terms of controlling emotions and fatigue, and for doing the spontaneous number crunching associated with money management. The pr......
Managed Accounts In General Mar 21 2013 at 22:45
[quote]James_Bond posted: [quote]wahjay posted: Hey everyone, i was wondering please, In order to trade OPM using a PAMM account with a broker (let's say FXCM), should I be licenced from the AMF, SEC or any other authority? Or am i just able to trade OPM like that without any legal structure and then receive my profits?? Thank you ! [/quote] As far as I'm aware no. This business is hardly regulated.[/quote] And that is the biggest challenge by far! That said, we are all adults and ought to be able to decide for ourselves where, and with who, we chose to invest. It is not regulation of t......
Myfxbook Autotrade In General Mar 08 2013 at 09:43
Ethan, I am implying nothing other than the fact that Myfxbook is missing a great opportunity to be different, and not just another "me too" type signal service. Who's money management? Who's looking to open a $100 account? Actually, I don't really understand your response.
Who knows this broker ?? In General Mar 06 2013 at 21:01
[quote]invisible555 posted: The reason why I originally wanted to use them, is that the best results on FxStat ( ) is made by a Spanish team who are insisting on this brokerage (AnkoFx). Stay away ! They are forging these results on their own "ECN" (demo) server to serve as a decoy, so that people want to invest to the fake broker. One more thing: The Spanish team who is publishing these results on FxStat has homepage, that was registered by and, how surprising, was also registered by them: Registered......
Who knows this broker ?? In General Mar 06 2013 at 10:19
Located in Dominica, but quoting a UK telephone number. It all gets a bit complicated trying to pin down the legal jurisdiction, and that troubles me.
Myfxbook Autotrade In General Mar 06 2013 at 06:51
Wow guys, I thought you would be a little more creative in the way you structured Myfxbook Autotrade. I don't want to be told which broker to use, and I don't want others dictating the size of my start-up capital. If I wanted that I would be using ZuluTrade.
Ramazan Feast (2 days)
London Markets: RBS shares leaps in Lond...(4 min ago)
EURUSD 1.34298 GBPUSD 1.69699
USDJPY 101.808 USDCAD 1.08153
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.