I am not trying to be an Azz, i am trying to save you some money...... Read the book i sugested Read technical analysis of the financial Markets come up with some sort of strategy back test it open a demo account and play the strategy if you lose money on the demo go back to the third point
All currenex is, is a platform allowing a corporate to have all his banks set up in one place, so he can get quotes from them all at the same time. He can choose the best one and deal on it Currenex does not trade. Hotspot and Coesfx i have no idea what they do... FXALL is like currenex.
Can you give some advise on a entry strategy? This is the part of trading I hate. Could use a hand on it if someone would like to share a few pointers. Thanks Jeff
Here I am reading this thread while eating some delicious tomato beef chow fun. Preach it like it is, brother gwac. Amen! It is also cool that brother es has helped out some beginners with risk:reward and win rate concepts. hallelujah!
dunitlongpole Forget about money management. Forget about risk reward ratios. Forget about gurus' teachings. Forget about 'seasoned traders' experiences. Trading is not rocket science. MarkDouglas has the direction for how to trade: "To make money trading the markets, you don't need to know what is going to happen next" So how to you 'use' this new "don't need to know what's going to happen next" approach? The big problem, the ONLY thing that can bloc your mind is the FEAR TO LOSE. Take it this way: Online tradintg is a computer game. You have to PAY to play that game. (So there are no losses) But if you play it well you get a fat bonus. What pips? They are tokens. Just go grab them. I know I am gonna be flamed. All people with creative innovations have been flamed: Einsten, da Vinci, Galileo,...