Recent content by webart

Well, 95percent, (some stats show 98 percent long term) of 'us' loose all of their money, 'getting on board wth sheep'. :) It's not a moral problem, its simply a poor measure of value as it is measured, in large part, by fear, greed, ignorance, superstition.

Ok, but the market is still Fickle and Superstitious. The value it is trying to establish is the value of 500 companies, yet it finds the devils number as the low value in this crisis ! Sure the market swings from over sold to undersold, however that dosn't change the fact that the market is...

Yeah, a value agreed on by superstitious numbers. Next time I sell something thats worth $590, I'll expect $666 to be the agreed value since it's a superstitious number.

I doubt it was chance somehow, it's the fickle, market, driven by fear, greed, ignornant, sheep like behaviour and umm, superstitious numbers. This is the market the runs the world, the market that is suppose to measure true value. If that number stands as the low of this crisis, it will be a...

How efficient is the market at measuring value really ? I mean look at the recent low on the S&P, 666.79 on the 6/3/2009. Was 666 points really the low value point of the current mess or was 666 just a superstitious low. I think the second is true, the market is superstitious, the market...

If that was the case, many more would move to FX futures, which would mean more liquidity, which is all FX futures needs. Futures are cheaper, most of the time have less or no spread, have no restrictions on scalping, show volume, show market depth, time and sales, allow stop limit orders and...

shaun140 - you are doing great, I might have to start taking your calls soon, they are better than mine ! STRTRADA - you should start a thread all of your own :)

Thanks, I'll just use a futures contract, like I normally do. I just had 3 contracts with Gain miss their stops completely today, lucky I caught it but lost 40 pips out of it. I think I will also look for a new Forex broker.

Has anyone had this error before when placing an order ? GAIN Error 11 "Pair not dealable" Anyone know what it means ? Cost me a 50 point move today on GBP/USD.

I think its best to wait until everything opens up and there is clear direction, at the moment everything is either consolidating, fibing or in reverasal, and its hard to til which. I took one trade on the EUR/USD which looked like a high probability trade, on a pullback on the way from one...

Shaun, you are actually not scalping, you are spot trading. The problem with scalping is that you need to sit in front of the screens and concentrate very hard for long periods, you need perfect entries as your have small targets and therefore small stops. Looks like you are doing well...

Good luck :)

Hi Shaun, Looks like a bit more than a scalp with those targets. Also careful with that 1:1 risk reward, you will need to be successful a high % of the time to make a 1:1 work. Scalping is really 5 maybe 10 pips and it best done using Futures. Futures have less spread, show you Time and...

Yes, that was about the best conculsion I could come up with. it's easy to educate, sell systems than it is to trade ..............

I've always wonder why people who claim to have such great system need to spend so much time and energy selling them, running trading rooms, webinars, black box systems etc etc. Surely if you have Forex mastered you can make a good living from it and enjoy the rest of your time living...