Recent content by mray

Hi Everyone, thanks a lot for all the replies - Especially nine for going out of his way and showing me a look into his methods. I have taken your advice and stopped trading 1 minute charts. I've moved onto trying to identify trends in the 15 minute charts and then moving to 5 minute charts...

This is a bit off-topic and probably stupid but I'm just curious :S When you say the above, does that mean you have paid for all expenses(mortgage, food, other necessities) for the past couple of months and are only down $500 total (meaning you have turned profit trading just not enough to...

Hi, thanks for the reply - a few questions: Why limit it to 2 indicators(MA = max or MA = moving averages?)? Obviously indicators can't tell you how to trade but if you can have multiple indicators confirming what you suspect may happen, isn't that helpful? Are MACD/RSI completely...

Hi, I made my first trade today, I have included a chart which pinpoints certain reasons for the trade. It is strictly technical analysis, I do not have knowledge of any fundamentals with respect to this currency pair. Anyways, thats probably a recipe for disaster in itself but here is my...

Is it possible to lose more than you've deposited or will you always be margin called before that is a possibility? ie: If I deposit $5000 can I possibily lose more than that $5000 if I trade on a margin, I mean, is it at all possible to dip into the leveraged money?

This is an awesome thread. I was dissappointed when I realized I reached the last page of the thread, I want more =) With that said, it seems your strategy is heavily dependant on trading the news without much technical analysis. I never thought this could work very well. You seem to be doing...

I've read of a lot of people starting with small somes and working it up. I mean, if (and it's a big IF) I end up being profitable, my account will grow and grow and eventually it will be decent money. If you get 100% return on your 5k in one year, I would imagine the sky is the limit at this...

Hi, I would like to play around in the markets, specifically day trading (I realize there is a Pattern Day Trader rule, so I would keepit to 5 trades a week or w/e the actual rule is before being slapped with this tag and having to have $25k min) Is it possible to learn the markets with as...

Hi, I'm very new to the stock market and how it all works. My question is: When you buy a stock, can you sell it at any time? or does there have to be a buyer? For stocks that are said to be very illiquid - what if you buy the stock and then there is simply never any buyers when you want to...