Recent content by tony1979

Finally, some sense spoken. Be careful with forums and seeking advice - it's a 99% chance the person advising you is on aggregate a net loser.

Sorry Steve, but I disagree with aspects of your advice. Somewhat surprisingly, the very reasons people stay net losers in this business is because they treat trading like a job, and they aim to make a certain amount per year. The sooner one can lose the "job" mentality, the quicker their...

How long were you trading for "Dash"?

Oanda have a demo version and a live version where you can literally risk less than 1 penny/cent per tick.

How many successful traders have you met in person?

The reality is this; there might be 0.5% at most here who have gained, from april '12-april '13, profits greater than £8,105, which is where tax kicks in if you're a self-employed trader. Those in this select group have paid their dues in a number of different ways, and sacrificed just about...

bicycle

don't pick on joe

Flash, if you ever get to a very high level in trading, you'll be grateful that people are discrete with your real name on trading forums. Also, as Leopard and Wackypete said, he's not the kind of educator the with-hunt is after.

stfu

I know one trader who occasionally teaches people that have 3/4 years live trading experience. He has sold his systems in the past, but he's very much genuine and has the results to prove it. I've no intention of naming him, as he won't want the attention, and these things can and do become...

You should do it.

Read the whole thread, it'll make more sense.

Put frankly, if any of you are wondering if you have an edge, or what your edge is, then you don't have one.

I also concur with The Hare; fibs have no statistical validity trading them systematically. Also, "confluence" is a load of baloney too. Again, no statistical validity whatsoever.