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James_Bond
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Posts by
James_Bond
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Forex Broker Debit Card
in
General
Sep 12, 2012 at 14:37
At the end of the day it's just another income generator for the broker. I say that if you wish to use a debit card, get one from your bank. It's easy to fool yourself into believing you're making money when you have a debit card connected to your trading account.
EUR/USD
in
Experienced Traders
Sep 12, 2012 at 14:34
Yes, you do change your mind quickly 😄Didn't see this before I made my post. So you short now? Or are you short and long at the same time?
EUR/USD
in
Experienced Traders
Sep 12, 2012 at 14:33
You're quite brave entering a long position at the top! I do agree with your direction, however why not wait for a pull down to enter at a better price? Unless of course you think it won't go any lower..
who is guru???!!!
in
Experienced Traders
Sep 12, 2012 at 14:28
Saeed, I must agree with Chikot on this one. I just can't see how your account can survive fat tails - it's just a matter of time before you get margin called.Do you have other accounts you've traded successfully for a longer period of time where the equity returns back to balance? If so, that would prove me (and the others) wrong.
Anyone Trading For A Living?
in
Experienced Traders
Sep 12, 2012 at 14:23
Do those companies have any requirement for if you're trading part-time or full-time? Or are they interested only with positive figures? Also, do they allow you to trade the account(s) from your home? Or do you need to physically be in their offices? (I always wondered about these! 😄)
Anyone Trading For A Living?
in
Experienced Traders
Sep 11, 2012 at 14:59
Sounds good. Quite surprising you're going with futures and not forex - I always though futures aren't that popular, especially if you're accustomed to quick moves like with forex.So you're currently doing this part time? Are you a bit scared to switch to full time? I mean, it's like putting all of your eggs in the same basket, so to speak. Do you have a plan B for the worst case scenario?
What are your thoughts on $5 No Deposit Bonuses?
in
General
Sep 11, 2012 at 14:55
Exactly. In some cases they even offer another bonus if you lose the previous one, just until you can make profit to convince you to deposit funds. This is what I call aggressive and misleading advertising.
Anyone Trading For A Living?
in
Experienced Traders
Sep 11, 2012 at 07:51
Great. I would really appreciate if you can answer my questions in the first post 😄 (Thanks!)
Anyone Trading For A Living?
in
Experienced Traders
Sep 11, 2012 at 07:50
😀 That's quite concise.How long have you been working on this if I may know? Were there times where you thought you're already there just to find out you're not? (this is something I've experienced many times and still do).
Anyone Trading For A Living?
in
Experienced Traders
Sep 11, 2012 at 07:48
That's great to hear you don't give up. A big psychological factor in trading is to be able to hang in there through the rough times.
who is guru???!!!
in
Experienced Traders
Sep 10, 2012 at 12:42
I do agree equity is appearing to diverge from balance, however the sample size is simply to small to determine that concisely - I think another week or two will give a clearer picture.As to open trades - it indeed appears as the stops are moved away just to keep the losses floating without realizing them, since the average win is 42 pips while he has an average floating loss of about 80 pips.
Anyone Trading For A Living?
in
Experienced Traders
Sep 10, 2012 at 12:37
I'm wondering how many traders are actually trading for a living? Please do not spam you system here as that is not the point of this topic. What I'm looking to find out is the answers to the following questions, (if you are trading for a living):- How did you make the move from part time trading to fulltime?- What starting capital did you require to trade full time?- Has your performance changed once you did the transition from part to fulltime?- Are you happy with your decision?- Do you trade only your own money? Either yes or no, why?- Do you see yourself still trading fulltime in t...
Length of track record and managed accounts?
in
Experienced Traders
Sep 07, 2012 at 13:56
6 months is a nice starting point. I don't have any experiences with pamm brokers.Nowadays I don't think most of the traders have any licenses, they simply work through different services such as pamm brokers or account mirroring services (like zulu, tradency). In any case, those can only help you in acquiring clients.
Do you prefer fixed spreads or dynamic spreads?
in
New Traders
Sep 06, 2012 at 15:10
Besides the spread you see, you should also check the actual spread received. I saw somewhere a broker showing once price on the chart, but when you execute a trade, you get another.
EUR/USD
in
Experienced Traders
Sep 06, 2012 at 14:42
Still unclear where price is going.
Do you think you can turn $200 into $400 in six weeks?
in
New Traders
Sep 06, 2012 at 12:59
I don't like when someone is bragging before the fact, but I did add your account to my watch.
ECB Meeting & Press Conference
in
General
Sep 06, 2012 at 12:57
Well, it did affect the Euro and looks like it is going down..although it can probably make a u-turn and head back up. We'll see after the dust settles.
who is guru???!!!
in
Experienced Traders
Sep 04, 2012 at 15:05
Thank you for the chart, although I'm not sure what I'm looking at - is that a zigzag indicator? Or Elliot wave count? In any case, I'm afraid I still don't see anything which supports your trade.Here's what I'm looking at right now:http://www.myfxbook.com/files/James_Bond/gbpusd.gif
CHALLENGE -- 1000 $ to 10 000 $ in 5 weeks is it really possible
in
General
Sep 04, 2012 at 14:26
It's possible, but only a few can do this over and over again - those who are trading with a successful trading system and a money management in place, otherwise, you're doomed to fail from the start.
CHALLENGE -- 1000 $ to 10 000 $ in 5 weeks is it really possible
in
General
Sep 04, 2012 at 14:25
Nice start. Added to my watch list.
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