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Forum: Spread Betting & CFDs May 3, 2013, 4:49am
Replies: 13
Views: 689
Posted By donaldduke
Re: My concerns with spread betting or binary options

Regarding binaries. they wont get rid of you.
They can always widen the spread on your favourite instruments, 10%+ spreads on some binaries. To the point where you will only make a very small amount...
Forum: The Foyer Apr 21, 2013, 8:59pm
Replies: 56
Views: 1,218
Posted By donaldduke
Re: Kids today ????

A lot of those people are going to have mental issues especially the extreme end of the scale like the mass killers. 25% of the prison population may well be psycopaths. For things like drug and...
Forum: The Foyer Apr 21, 2013, 4:46pm
Replies: 56
Views: 1,218
Posted By donaldduke
Re: Kids today ????

I dont know about you but i got taught nearly all that stuff at school, even had a trip to the london stock exchange.
Most kids just dont pay enough attention or just dont seem to be interested,...
Forum: Forex Brokers Mar 19, 2013, 2:38pm
Replies: 8
Views: 463
Posted By donaldduke
Re: IB ad:more IB customers make money

Another thing will be account minimums, i think its 10K USD with IB.
So a lot of smaller traders wont go there. And its smaller traders who tend to get wiped out the quickest when 100:1+ margin is...
Forum: Stocks Feb 16, 2013, 6:09pm
Replies: 20
Views: 1,339
Posted By donaldduke
Re: What is happening to Apple ?

Actually down 35%... if the the DOW and S&P go bear mode this year then, APPL could have more downside.. 50% down from $705 would be $353..
Forum: Trading Journals Feb 12, 2013, 4:31am
Replies: 84
Views: 7,015
Posted By donaldduke
Re: Trading for next months rent (true story)

Timebomb wasnt Spanish89 (although i thought that too when this thread was first created), he was actually a very nice Scottish chap.. who eventually moved back to Scotland iirc.
Forum: Forex Feb 7, 2013, 8:05pm
Replies: 51
Views: 1,638
Posted By donaldduke
Re: What do you guys net per day on average?

What kind of draw downs you getting/expecting??
Forum: First Steps Feb 6, 2013, 6:34pm
Replies: 61
Views: 2,197
Posted By donaldduke
Re: 95% lose

a quick google, the stats for Tuco were

206 traders

33 were profitable (16% of total)

7 had accounts > $50k in profits (3% of total)


So 26 people of those 33 were profitable, but not...
Forum: The Foyer Jan 28, 2013, 12:57pm
Replies: 16
Views: 657
Posted By donaldduke
Re: Who do you hope does/doesn't lose?

"It's not enough to succeed. Others must fail" :twisted:
Forum: Educational Resources Jan 28, 2013, 10:50am
Replies: 256
Views: 13,965
Posted By donaldduke
Re: Trader-Dante trader training for spread betting is he any good? Proof not words!

The easy and sure money is in selling the shovels, digging for the gold is left to the suckers.
Forum: Forex Jan 25, 2013, 1:57pm
Replies: 71
Views: 2,537
Posted By donaldduke
Re: Who here can average just 30pips a week trading the FX?

Personally i only trade EUR/USD during european hours, never have a position on over NFP, ECB or FOMC. Never had serious slippage on any of my stops over the last 10 years i been trading it. I dont...
Forum: Forex Jan 25, 2013, 1:55pm
Replies: 71
Views: 2,537
Posted By donaldduke
Re: Who here can average just 30pips a week trading the FX?

If trading is hobby yeah you can go chasing the pips... but if you serious about trading, its all about trading size.

First challenge is to make a modest number of pips per week or year, anyone...
Forum: Forex Jan 25, 2013, 1:06pm
Replies: 71
Views: 2,537
Posted By donaldduke
Re: Who here can average just 30pips a week trading the FX?

Stay away from NFP and FOMC/ECB meetings, use a stop loss, trade the most liquid majors during the most liquid hours, then you wont ever take a 100pip loss, unless you want to that is.
We only...
Forum: Forex Jan 25, 2013, 12:50pm
Replies: 71
Views: 2,537
Posted By donaldduke
Re: Who here can average just 30pips a week trading the FX?

Using a simple £10 per pip per £10K of account position sizing scheme, it takes about three years to hit a million starting with just 25K (so you start betting at £25per pip).

There will be...
Forum: Forex Jan 25, 2013, 4:19am
Replies: 71
Views: 2,537
Posted By donaldduke
Re: Who here can average just 30pips a week trading the FX?

Trading large size ($1000 a point) isnt that hard if you have confidence in your method, you also need the correct sized account, im suggesting anyone do that with a 100K account.
Forum: Forex Jan 25, 2013, 1:17am
Replies: 71
Views: 2,537
Posted By donaldduke
Re: Who here can average just 30pips a week trading the FX?

Thats exactly my point. If traders can relax and aim to average just 30pips a week they will be rich in no time.

Trading extra size is much easier than aiming to make extra pips.

Much easier...
Forum: Forex Jan 24, 2013, 12:54pm
Replies: 71
Views: 2,537
Posted By donaldduke
Re: Who here can average just 30pips a week trading the FX?

Yep anyone who can average just 30pips a week will be a millionaire in hardly no time.

But the reality is hardly anybody can do it.
Forum: Fixed Odds & Binary Betting Jan 24, 2013, 12:50pm
Replies: 7
Views: 663
Posted By donaldduke
Re: IG Custom Bets / Fast Money Bets

Here you go from the IB website:

"All Custom Bets that expire at an unchanged level, ie they expire at the exact strike level of the bet, will result in the client losing 50% of their stake."
Forum: Fixed Odds & Binary Betting Jan 24, 2013, 12:43pm
Replies: 7
Views: 663
Posted By donaldduke
Re: IG Custom Bets / Fast Money Bets

You lose, but IG dont take it all, i think you get half your stake back.. cant remember the exact details.
Forum: Forex Jan 20, 2013, 12:39pm
Replies: 71
Views: 2,537
Posted By donaldduke
Who here can average just 30pips a week trading the FX?

Who here can average just 30pips a week day or swing trading the FX?

And if you can, why aren't you trading $1000 per point (10million USD size) on the inter bank market with a real broker?
...
Forum: The Foyer Jan 18, 2013, 7:19pm
Replies: 208
Views: 7,261
Posted By donaldduke
Re: Compounding billionaires on t2w

Most FX traders cant even make 30pips a month (or year) let alone per day.

But lets consider a profitable trader who makes a very modest 30pips a week:

30pips a week at £100pp is £150K per...
Forum: Educational Resources Jan 7, 2013, 3:49am
Replies: 256
Views: 13,965
Posted By donaldduke
Re: Trader-Dante trader training for spread betting is he any good? Proof not words!

The Numbers are on his website £15 for each webinar.

I dont know whats in the these webinars that cant already be found freely on the internet but i suppose Dante needs to make a living somehow.
Forum: Spread Betting & CFDs Jan 6, 2013, 6:12am
Replies: 86
Views: 6,288
Posted By donaldduke
Re: New bet sizes from IG Index *scandalous*

£20pp is still less than 1 e-mini lot.
So after over a decade with them you still trading size less than 1 mini size??
Forum: Site News & Feedback Jan 2, 2013, 8:12am
Replies: 7
Views: 619
Posted By donaldduke
Re: Verified membership an option?

It will just give some of the scammers a badge of legitimacy and give the gullible, who fall for their scams, a false sense of security.
Forum: First Steps Dec 27, 2012, 6:39am
Replies: 142
Views: 5,551
Posted By donaldduke
Re: One year officialy day trading

Whats was your previous trade2win username?
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