Recent content by t-bone

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    How much capital does one need to trade forex for a living?

    Really depends on the trader. The media tries to make trading seem this hollywood style industry where we can all get rich if we have a good system. The reality is very different, its a long hard graft and there is no one system that will make you money, the markets "mood" changes everyday and...
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    What happened to open outcry trading?

    Hi, I was just wondering why the U.S still has open outcry yet over here its all electronic? I assume its something to do with the exchanges being able to make more money electronicaly, but if the U.S can make it work why did we stop? What are the advatages of both? On another note i really...
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    Trading USD/CHF EUR/USD Relationship

    maybe a dumb question how would you go about trading the 3 currencies in relation to them falling out of synch with each other?
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    Trading USD/CHF EUR/USD Relationship

    Hi all, A bit of a newbie question but the relationship between these two pairs are very similar. Firstly i was wondering why this is? Why is the relationship so correlated (all be it negatively correlated)? Is this just a natural product of the way forex works and these two will always...
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    90% of traders are losers

    yes i suppose its understandable for the bigger players to buy to take out stops, that is fine because they have assumed risk by buying, i can't complain about that, what isn't fair is if market makers show prices higher than what they are valued at when nobody has bought for the sole purpose of...
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    90% of traders are losers

    Thanks again for the replies. Its nice to know most of the losses in the market are due to errors of judgement and/or psychology, this i stand a chance of overcoming, false pricing i cant. I like to know that when i lose money its becasue i was the wrong side of the market, not because the...
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    90% of traders are losers

    thanks for the replies so far, is it fair to say that market makers move their prices consistently in accordance with buying and selling pressure? i supose its the scenario of good news never makes the headlines, but it can often be seen on forums such as these traders complaining the price...
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    90% of traders are losers

    HI, I am interested in learning more about trading, however before i do i'd just like ask what probably seems a stupid question but are all those theorists that say markets can't be predicted and this is why 90% of traders are losers on to something? I could play roulette which is totally...
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