I can't say that I'm a trader but I started with an autotrader called buru that works 24 hours. If it brings me stable return in mid term, I'm going to invest more in it and than I can probably say that I'm a trader, full time trader :)
One thing I see a lot is that over 80% of the trader think that they are better than the average trader. Now it's up to you to find the mistake in this calculation :)
Cash is king - but not in trading!
Stay loyal to your style and stay calm what ever happens. The money is just a number and will come if the time is ready :)
Cheers
Great ideas thanks!
What I saw so far are that people overreact and are full of biases. Trader lie to themselves :)
Like a fish swarm the mass follows a trend and there are always a few in the end of the queue who get eaten.
Hey folks,
Strange, no search entries for "buru". So I've to be the first one :)
I read an article about IBFX with their new software buru on FXStreet.
And yes I had to give a try :) Because they published some nice stats on http://www.mt4i.com/users/burutrader/stats and they seem to perform...
Thanks pboyles, hope not, new year new game :)
I read somewhere an article about 10% for the last 6 months. 10% sounds too great, you're right! Don't know where it was, will look for it and post it afterwards here.
Happy new year and happy success!
Thank you very much for the inputs and as well for the :)
I'm looking at different expert advisor at the moment and I new in the business. How much return on a monthly base is usual for small risk, is 10% a lot?
Thank you MrGecko!
Will check 'Crack Spread' and 'DoE/eia inventories'.
P.S.: I'm new, but I know trading is it! I'm reading the 'First steps' thread and it's great!