Recent content by illuminato

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    Monthly Thread: November 2003

    anmolway - 10 pip spread Anmolway Just curious, Im trading using deal4free but get 3 pip spreads usually. If I think they read me I ask for 2 way qoute.
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    CBOT gold

    gold trading What ever instrument you intend to use, futures, spot gold, CFD's or Spread Bet take the following into consideration; Spread: Dont accept anything above .5 spread Commissions: Add these to find out your "real spread" Real spread > 1 $ --> impossible to day trade Leverage...
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    CBOT gold

    re: gold trading You may wanna try a spreadbetting company or if you look for a narrower spread spot gold/or CFD's. E.g. check a company like www.deal4free.com, they offer fairly narrow spreads (.5) and high leverage. I am sure there are other companies as well offering similar service...
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    Goldline

    I disagree on your first remark but couldn't agree more with the latter. Get to know yourself!! ie Forget about trading systems promising high returns, none of them work. Only by knowing yourself and forming an individual trading style can you make money above Libor on the financial markets. Pls...
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    Goldline

    alan Psychological research really only scientific research that has contributed anything to our understanding of what it takes to become a good trader. Problem is you have to find the journal articles and read. Ignorance to science not so good imo Alan, wakey wakey
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    Goldline

    reply alan Btw just wanted to say this in regards to your view that another set of eyes could be useful. According to Psychologists researching financial decisionmaking, teams make poor choices and decisions. There's empiric truth to the saying "more than one chef spoils the soup ..."
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    Goldline

    Any system offering high %% Degsy, Any trading system promising XX % return is bound to fail. It's like conmen promising riches on the street, pyramid games etc. In the end it's imo only one guy who makes money and that is the same one who sells a system or cons you. I'd be very careful. If...
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    FX TA software - suggestions welcome

    I'm looking for suggestions on what TA package to get. I need it to do the following: - Real time charting + studies - Very good backtesting and optimisation functions No need for execution through it. Currently using Esignal which is ok for the charting bit and price feed is good but I find...
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    Forex Trading - November 2003

    EUR reversal day? EUR-$ Potential Key reversal day, especially bullish if we can close > 1.1550. Lets see...
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