I learned from sitting right beside the owner/head trader of a prop firm. In the 2 years I was there, the blowout rate ranged from 50%-70%. So a...
seminar training has about a 0.001% of creating successful traders. you have 2 options... either learn it yourself through trial and error (and...
its doable. ive been trading successfully for quite a few years now. its no easy task and has a very high failure rate, but it you give yourself...
Just make sure any managed accounts are done with an NFA registered firm.
too much leverage is the #1 killer of retail forex accounts. they should cut the max leverage to 20:1 on majors. Its all smoke and mirrors that...
fxstreet.com
Dont trade live until you are making money on sim. London and NYC sessions are good for intraday. When you do go live, use low leverage and take...
Move to Chicago or NYC. Not going to find any rock star traders at Bradley's!
Great quote!
If you are a new trader, then i recommend fx, but do your homework and get a good currenex account. the retail platforms in fx are not very good...
yes. but leverage should only be used if you are already a consistent trader. otherwise it can dangerous. If you can make money on 1:1, then...
You are a tough customer. 15% return/month is very, very good in the managed world. Remember, that on a 100:1 account that is 150% return/month....
Incorrect. Every day and every month are not the same. If a fund manager normally trades approximately X size, there will be occasions where...
20-25% is not unreasonable for a professional trader. Managed funds are never going to consistently return those kind of profits because its not...
Nice list, Oddtrader. Jack jones, adding to a loser is generally frowned upon. Very rare circumstances may apply, for example, manager gets...
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