Recent content by Rudy

  1. Rudy

    auto pattern recognition

    You might also want to have a look at www.chartnet.nl. It is Dutch but it also runs an English version. It has all the features you can think of, a.o.: - real time forex (and lots of other) prices, - charts with timescales from days up to to 1 minute per candle or even tick by tick, - dozens of...
  2. Rudy

    How long does it take to become a successful consistant day trader?

    Jumpoff: Everything you always wanted to know about statistics (but were afraid to ask...): http://mathworld.wolfram.com I was fired a little over a year ago. I suddenly had all the time in the world to investigate some further in my hobby: trading. After 3 months of full time studying trading...
  3. Rudy

    Probabilistic Distribution

    Have a look over here: http://en.wikipedia.org/wiki/Monty_Hall_problem The solution is simple: 1. You start with an even prob. distribution for the car: Door1: 1/3 Door2: 1/3 Door3: 1/3 2. You choose eg Door1. You have a 1/3 prob that it contains the car. Door2+Door3 have 2/3 prob. to...
  4. Rudy

    Oanda Fx

    It's true that interest is calculated per second. In my experience the interest payed was always such a little amount that it did not influence my profit / loss to any extend. And, you do not only pay interest, you also receive interest of the currency you are short in. So what you actually pay...
  5. Rudy

    Oanda Fx

    I trade with them since april 2004 and so far I am very satisfied with their order execution. The trade platform is very user friendly. It is possible to enter and to modify orders directly from the charts. And very positive is of coarse the 1.8 pip spread on EUR/USD. I use another system for...
  6. Rudy

    Help me in getting started

    You basically need to master at least three elements: 1. A trading system or any other strategy to define entry and exit points in the time frame that you like. 2. Money Management, or how much to invest in every trade. 3. Psychology or mastering your emotions (might prove to be the most...
  7. Rudy

    CMS - Be warned

    Jtrader, I do not exactly know what you mean by a "Retail Trader" versus an "ECN" (lack of knowledge I admit). I do know that Oanda offers real time instant tradeable prices. And I constantly have another data stream open (my analysis sytem that I prefer since Oanda offers only limited grahping...
  8. Rudy

    CMS - Be warned

    Hayek, I have rread these slippage discussions also. I must say that I have also occasionally experienced it, but it happened only during spikes with no ticks in between. Hey, what can you expect in such case? I also know about the discussions of other services offering "guaranteed stops". But...
  9. Rudy

    New to trading

    I trade with Oanda since April this year. So far I am very satisfied with their performance. Spreads are as low as you can get: 1.8 for EUR/USD and 3 for most other "standard" pairs. Direct tradable prices and execution is instantly. The only thing that happens is that the spread increases from...
  10. Rudy

    Trading Euro Vs Dollar

    Good luck for you. However, if you want to make money consistantly it might be wise to review your strategy...
  11. Rudy

    CMS - Be warned

    I trade with Oanda since April this year. I can move my limits and stops up to 1 pip from the current bid / ask price also when economic data is being published. The only thing that happens is that the spread increases from the standard 1.8 pips (for EUR/USD) to 3, 4 or 5 pips temporarily when...
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