Recent content by wibble1234

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    Best Browser??

    Chrome is the fastest browser I've used, but FireFox is the most configurable. It has loads of Add-ons to customise and add extra functionality to the browser.
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    Why profitable traders sell their systems via seminars etc?

    They realise they can make much more money, more easily by doing seminars. Instead of sitting in front of a screen all day getting stressed out by the price action they can spend a small number of hours a week running seminars. If they are good at running seminars that is! And don't forget...
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    Basic question on metatrader usage

    From MetaTrader click on the Tools menu and then 'MetaQuotes Language Editor'. This will open the tool from where you can create and test your MQL4 files. The Help menu will give you information on creating expert advisors and custom indicators. At the bottom of the app is the 'Toolbox' which...
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    Is there any way to automate Forex trading?

    Why are you fed up? Is it because you find it boring? Are you profitable? You can automate your forex strategy using a trading client such as MetaTrader 4. You'll need a broker that allows you to use MetaTrader 4. And you will need to know how to program in order to automate your own strategy...
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    Mt4 scam

    If you put your stop price into your order ticket then the information goes to your broker's trading systems so yes they can see your stop price. This is what will happen whatever trading software you are using and is nothing to do with MT4. This is not an MT4 scam! If you have an EA then it...
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    Beginners Luck

    I'd recommend Technical Analysis for Dummies. It is very easy to read, and written in the usual 'Dummies' style. And despite being a book for 'Dummies' it is quite detailed.
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    which kind of internet access for trading.

    ADSL is best for normal trading, but it is very handy to have a dongle as backup in case your ISP goes down at an inconvenient time. (if your ISP goes down you can bet it will be at a *very* inconvenient time!)
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    Is forex the only market you can trade from home?

    For almost anything you could want to trade in their will be a company that will be happy to take your money. Currency, shares and commodities are common trading instruments. You can even do bets on things like interest rates or house prices if you fancy. Just be careful to to jump around...
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    Backtesting programs

    It depends on what instrument you are trading. For backtesting on forex I like MetaTrader myself. It has a programming language which is similar in style to Java so is easy to use if you can code. You won't be able to use it with IG Index though. I think if you want to backtest any kind of...
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    principle of successful forex traders

    > The cause of losses are deviating from your system Having a system won't lead to profit. You need a system that works. Unfortunately it is hard to come up with a genuine working system - many people think they have a working system but are probably just getting lucky.
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    I am one of those 99%

    These are my favourite kind of posts. When I read about how insane other people out there are I'm thankful that I'm more level headed. I'll never understand why people who don't know what they are doing load up their accounts with so much starting capital. What's wrong with just putting a few...
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    Know your market!

    As well as watching the charts so you get an idea of how they move, read the news which directly relates to whatever instrument you are trading in. Understand what kind of factors move the price. And keep an eye on news which indirectly affects what you are trading in - it is always good to...
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    Charting sources for a newbie?

    What are bunds and bobble futures? They sound fun :lol: If you want free real time charts just open a demo trading account with someone like IG index, RBS marketindex or anyone else - most trading companies will have a demo account for you to try.
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    new trader

    Hi fxboy, If you have been trying for a year but are still doing badly then you probably need to think whether trading is the right thing for you. As you are paper trading you should have a record of your losing trades. Have you analysed them to see if there is a pattern in what you are doing...
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    metatrader

    Hi hirobo, Alpari will let you open a free MetaTrader demo account (Forex). The signup process takes about 2 minutes. You can then connect to their 'live demo' Forex feed and practice trading without real money. You can keep the account open for as long as you want as long as you log in at...
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