Recent content by data_editors

Kindly clarify how to do this:)

Humility. Humility in recognizing the power of the market. Acknowledging its power by placing a stop loss for every trade.

I am told that at one time banks were even advancing NINJA loans - i.e. loans to people with No Income No Job no Assets !

Hi, Did some research on this and came up with Oanda - it appears they allow you to trade round the clock - even during holidays and weekends. In one of their forums someone asked the question how this was possible when the fx markets were closed, and a senior forum member replied: " I think...

Thanks gle!

No substitute for education, hard work, discipline, trade planning, risk management and learning all the time. If a bot really worked no one would be selling it!

According to a Reuters report of 29-02-2012: "NEW YORK (Reuters) - The Justice Department is conducting a criminal probe into whether the world's biggest banks manipulated a global benchmark rate that is at the heart of a wide range of loans and derivatives, from trillions of dollars of...

Greece should have been allowed to default, if only to break the global culture-belief that bailouts will always happen - through write-offs/restructuring/cash relief. Over the past few decades sovereign near-defaults were always met with support and sustenance - It became OK to default. See...

Hi just looked at the two videos and thank you. Seek your kind clarification about why the account value and result of trade have to be entered each time a trade is closed - wouldn't this be cumbersome in case the trading is fast and furious? Pl don't mind my question - just trying to understand:)

Smooth jazz.....hot coffee.....trawl the news......:yawn:.......cash the pips....:yawn:........lights out!

From a news item in the Wall Street Journal of Feb 24, 2012:- --------------------------------------------------------------------------- "Investigators found that AIJ Investment Advisors Co. can't account for "most of" the 183 billion yen, or about $2.3 billion, in pension-fund assets under...

A look at the crude oil chart attached - it appears that it has formed a consolidation inverted head and shoulders pattern with a neckline around 104-105. The price has broken out with a measuring implication of about 134-135.

Here's a very relevant quote from an article dated Feb 25 in the MarketWatch written by Eric St-Cyr : "And now that the quality of the asset you own in a fixed-income fund is deteriorating rapidly (especially for sovereigns) and yields are close to 0%, what future expectation of return do you...

Blackberry is now a brand in demand in only emerging markets - the developed markets are lost to iPhone and Android based smartphones from Samsung. The Playbook tablet was a dismal failure, and the Blackberry network failure last year was another nail in the coffin. What is left will be nailed...

Let's keep aside concerns of the source of this article - what I really like is the caveman analogy - I had not thought of trading that way - though oftentimes I would feel that life in general in modern time is not very different from those caveman days - only the tools and landscape has...