Recent content by barryb

.

It's not a commodity, it's money. :rolleyes:

Go for it, there are many schools in Africa, Asia or even in the UK, that would appreciate some of your time. But, please don't tell me you mean educating people on trading when you've been doing it for less than a year or whatever. The only people who should be teaching trading are...

Spider, go and make your millions and then worry about giving back. I'm sure no one will begrudge you being a little "selfish" in the meantime.

The carry trade is what hedge funds have been using to "trade" the forex markets for decades, so yes it's a huge edge for some players. It's not impossible for the smaller guy to make use of either, although you need an environment better suited than ZIRP.

Oh such innocence.

Very funny thread, good one guys!

Part-backed to me means; you wear the losses, but split the profits.

It's that easy folks!

Alexa, if you trade volatility breakouts, as you're doing here, there are two standard ways of exiting; first profitable open, or by using a trailing stop. "First profitable open" means holding trades overnight until the open of the next day (whatever time you deem that to be), and if it shows...

Read for a month or 2, come up with a trading plan and rules, and then put £100 into a spread betting account betting pennies per pip and religiously follow your plan. Log every result and comment on observations both on the market, and on yourself. After you've lost that £100, review your log...

As said before, going the private trader route; you'll need 3/4 years live experience at a minimum, you'll also probably have to blow up several small accounts and 1 medium to larger sized account, make daily sacrifices in your private and current career life, and preferably get some pointers...

Hello D70, Benj has not said much wrong, other than the thing i made him correct earlier. What most don't understand, is how severe and long the drawdowns can be, when trading robust statistically based methods. Of course, if it was easy, there'd be no one flipping burgers in McDonalds.

I'm the "mystical" one.