I challenged you and other negative posters. My results are publicly visible. YOU can do the work and go read old posts and compare with next days levels. I absolutely hate lazy people with a passion. I challenged you to post your analysis but I guess you're going to run from this room with your tail between your legs. It doesn't supprise me. Most bullys and negative people have NOTHING positive to share and will run from a fight when confronted.
Amy, be fair and dont "turn peoples' words in their own mouth". I read your posts and some guy got started on fib levels, I became interested how you derive them, you either ignored it or for whatever other reason did not want to get into it. Not everybody feels the need to let out something similar to your almost paranoid mindset to have to compete whenever possible. I make money in the market, no need to turn a 5min. ping pong match into a championship competition. You were the one who volunteered to explain her analysis on fib levels when being asked, you were the one who withdrew...dont think you are in the position to come out to "challenge" others or should we construe this as a teaser to "trade" a random number generator for valuable trade ideas? ;-)
No evidence anywhere to suggest that's true, in fact everything you post indicates your lack of common sense and understanding of the market not to mention the probability that you're unable to trade it profitably!
Try helping yourself and do some research, don't expect others to hand it to you on a plate. Here, this should get you started and keep you out of trouble for a while, 187,000 hits @ 25 a day, see you in around 20 years or so......by which time there'll probably be another 187,000
Since Amy glossed right over a serious study that disproved Fib levels (thus removing her as ANY kind of serious trader), and then Amy & Friends poo-poohed the truth with belief&opinion, I am forced to guess her levels come through as follows:
hehe, this is actually quite funny! You've already been told numerous times that fibs aren't the main element of the OP's strategy. The funny thing is you're finding fault with analysis tools which obviously work, all you have to do is follow a few trades which were called in advance and see for yourself. It's odd that in your world a system which produces real-time results is somehow wrong because you read some unsubstantiated hypothetical inconclusive study somewhere. If I remember correctly the study was challenged by quite a few authorities on the subject, and the author wouldn't (couldn't?) respond. I notice you never post any analysis, strategy, or blotters, why is that, nothing to offer apart from finding fault with everyone else's? How about we leave the OP to continue their journal? Those who are interested can read it, those who aren't don't have to, it's not compulsory reading you know
Dude, you are wrong on so many counts, you are laughable. You want me to list again how many times you REALLY got it wrong, for all to see? Shut up when you dont know what is going on. If you want to advise some beginners then get your fuxxing facts STRAIGHT, sir. 1) you claimed Oanda feeds are very comparable to Reuters? Are you joking? You are comparing one of the bucketshop made-up feeds (admittadly the most reputable among the buckets) against the industry standard which all professionals use to price off their options and other fx related derivatives? -> While there are some complainers in the OANDA scam thread, it really speaks for itself when you read just the 2 most updated pages. Oanda cannot even manage the load to display a chart and quotes alongside, the app simple cant handle it, laughable programming skills, to say the very least!!! 2) Not all brokers who offer MT4 are bucketshops. 2 examples. MBTrading and ACT Brokers. Their spreads are super tight, both charge commission but the feeds are very good, especially during news releases. Your claim ALL brokers who offer MT4 are bucket shops is WRONG, both above mentioned ones run off an ECN price feed. 3) You claim OANDA can easily handle up to 7mln USD trades? Are you joking? I had to call in and negotiate very hard for them to let me trade frequent 5mln USD orders without trade rejection. (they wanted assurances of minimum holding periods which they finally backed off from) Same happened to my co-worker for his PA who works as fx trader for 20 years now. What is your track record? 6 months ? ;-) 4) you said "You don't like bucketshops? Fine, trade wherever you want to. Some of us do like bucketshops though and find them ideal for the way we trade, get over it" ----> my only comment: No, YOU like bucketshops, NOBODY ELSE. Everybody else prefers less outages over more, less slippage over more, less price manipulation over more, tighter spreads over wider spreads, deeper liquidity over less. Dude you really have ZERO clue of this business. At least dont bull shit the other starters here to even consider bucket shops for fx trading and dont encourage people with 500 USD in their account to put on real trades, its highly irresponsible of you. 5) Your comment: "Scaling up from 1k is an easy exercise once you have developed the skills and discipline necessary to produce consistent returns" --> All points to you being a complete beginner, which is totally ok. You trade micro lots, you love bucket shops, maybe because you cannot cough up the minimum required to open an account with a reputable broker. Whatever it is, DONT BEHAVE as if you had years of trading experience because you CLEARLY DO NOT!!! You should really tone down your lingo especially in light of having gotten so many facts wrong. My apologies Amy, did not intend to hijack the thread. Its all yours and I am out. Good Luck to your trading!!! My apologies if this was somewhat unrelated to this thread but maybe you wanna read up on this guy before you listen to any of the horse manure he puts out. Here the link to the thread for all to see: http://www.elitetrader.com/vb/showthread.php?s=&threadid=157063&perpage=6&pagenumber=1
lol, wrong thread doofus, off-topic. Post in the right thread and I'll be more than happy to reply to your inane ramblings. I can support my opinion with reasoned logic and facts whereas you can't it seems. Now, anything pertinent to this thread, no?