Do full-time forex traders exist or is it just make believe?

Discussion in 'Forex' started by zbojnik, Apr 4, 2013.

  1. Where did Xspurt go?
     
    #661     Apr 29, 2013
  2. sheda

    sheda

    So we're using argument techniques instead of talking the facts now?

    No, every move worth taking started on the 1 year.

    No, God pays my bills, I just sit infront of charts because I like the colours.

    Either tell us why tight stops and consistent trading is impossible to do or let your bullshit rest in peace, this is not parliament.
     
    #662     Apr 30, 2013
  3. maul3d

    maul3d

    sell pound :)
     
    #663     May 1, 2013
  4. MillieJ

    MillieJ

    sure they do exist! go see them all in bulk on zulutrade!! so many traders so many strategies, that you cant really know what's going on.
    IMO, it is the forex market that is so volatile that actually make you doubt their performance, but keep in mind, not EVERY time we can actually follow the trend, no matter how good we are there are times that losses occur and thats OK!
     
    #664     May 2, 2013
  5. zbojnik

    zbojnik

    Thanks.
     
    #665     May 2, 2013
  6. nitro

    nitro

    Yes, most definitely. For retail traders it is incredibly hard because the spreads are so enormous.

    Keep an eye on the ECN model as that will change the game. There are firms out there working on leveling the playing field considerably, and they have an idealistic attitude of taking on the banks. Banks will be left behind as more enterprising market makers enter the game.

    When it will happen I don't know, but imo Forex trading when that happens will be the most exciting trading game in the world for retail traders. The critical mass is no more than say 30 pippette (1 pippette for EUR/USD = .00001, in general the minimum tick fluctuation) spread on the EUR/USD, and so on for slightly wider (based on their tick size or "precision") on some progressive scale on the less liquid pairs.
     
    #666     May 2, 2013
  7. Banned for using ET to advertise his "snake oil" behind the scenes without paying sponsorship fees.
     
    #667     May 2, 2013
  8. They have a long long way to go-- remember, the top tier financial institutions are directly connected to the central banks--- they are not going to like anyone getting a piece of the pie. Just like bitcoin-- as soon as it becomes a threat, it will have its plug pulled and scandals will erupt-- false flag kinda stuff. We are dealing with very powerful forces here. Nice to see you Nitro! surf
     
    #668     May 2, 2013

  9. He went to the land of make believe from whence he came.......

    surf
     
    #669     May 2, 2013
  10. #670     May 2, 2013