Recent content by PipMuncher

Forex portfolio is not a phrase you often hear. Id venture that for most forex taders - if you can work out your VaR from simply looking at your open positions log - you probably shouldnt be tadeing. If your planning somthing more complex - please do share and I'm sure some of the more...

Guide to UK tax evasion from a master criminal: 1: Head on down to your local council estate - find a local loser in the local boozer 2: Stike up a report over a couple of pints and a game of pool 3: Ask him to open a bank account on your behalf - offer to pay him £500 for the privilage - make...

Economists seem to have a general cosenus that UK interest rates will have to make a move up toward the end of 2010 to curb inflatoin. At a guess, id say recent price action is proably due to the fact that many had previously expected interest rates to move up in the UK sooner due to high...

Having said that - the UK is making cuts, and the US is still on the fiscal stimulus train... So - I may well be proved wrong! Like I said - I'm no anylist!!!

Obiously if you go with the dollar your basically short GBP/USD for a lot equivalent to your trading capital. I'm no funamental anylist - but with UK interest rates set to make a move up by the end of the year and the obama sounding pretty doveish - I'm not sure thats a trade I'd take...

Thanks bangkroker - and congrats on your sucsess. $200-$1500 may be a small amount of cash but a 750% return is no mean feat! What kinda time period was this over? Yea - I found the other thread a few hours after starting this one. My question, however, is not if it is possible to start trading...

Funny but i actually just started a thread on the same subject!!! Sheeru I think you need to re-read the baby pips article though: No matter what the forex brokers tell you, don’t ever open a “standard account” with just $2,000 or a “mini account” with $250. The number one reason new traders...

Hi all, Reading the following on 'babypips.com' has got me worried: "No matter what the forex brokers tell you, don’t ever open a “standard account” with just $2,000 or a “mini account” with $250. The number one reason new traders fail is not because they suck, but because they are...

Do you think that the time frames your inclined to trade have any bearing on if your better of following range bound or trending makets or even tradng the break?

Hi All, So - I'm kinda new to trading - and am currently developing my own Strategy but get real confused by the way people talk about their risk reward strategy. Phrases like "I trade with a 25 pip trailing stop' or ''a 1:1 risk reward ratio" seem a steadfast. Surely every trade is assesed...

Buy low sell high (or vice versa) - best trading system in the world :thumbsup: