Forex Question And Answers Revealed
hello!
i d like a little help about Forex orders ( instant and pending).
i m talking about actually HOW to fill in Take Profit or Stop Loss in both instant and pending!
i m NOT looking for tips and strategies 
….i ll learn these myself.
i d like to talk over messanger for abit if possible, my identity on mess being aztec11us
i wont take long….5 min max, if the question is beeing answered to the point!
i cant ask here, as i cannot attach immages
from strategy , experience,basic rules and ….
Does anyone (esp UK residents) know anyhting about this group and their product? They have a number of trading strategies for trading Forex.
then What is your Hedge strategy, How much you buy and sell
Any good short-term investment strategies? How about Forex? stocks? Prosper?
Any company that has used it for there business strategy…I will much appreciate.. thanks…
If trillions of dollars gets traded back and forth on a daily basis, it doesn’t make any sense that everyone has to pay a spread of 0.03%, because that is a lot of money that is disappearing from everyone’s pockets, a billion dollars a day, and even if they did all have to pay it, it has to be going to someone. Someone who is able to trade for free because he is the one who keeps the profits of the difference between bid and ask. Who is that someone?
I ask because I have created an adaptive trading method that only works with horribly low spread. Too low for me to use, but it must be horrifically valuable to SOMEone out there. And when I say it is adaptive, I mean that there is no a priori strategy, it looks at the last 63 days every 2 weeks and decides on the trading rules it will apply over the next two weeks from that alone, so it isn’t adapted to any future data; it’s not cheating. Operating on the USD/JPY from July 1, 2007 to Feb 13, 2009, these are its results from one run (since it contains random variables, if you ran it again on the exact same data you’d get different numbers, but the same SORTS of results):
Commission=0.02:
Total gain=1.9586666009107498e-001
Total commissions=4.3467080397738096e+000
Commission=0.01:
Total gain=1.4452129891615770e+000
Total commissions=2.5255991687861270e+000
Commission=0.0079:
Total gain=6.0134531854447415e+000
Total commissions=1.3535088531109761e+001
Commission=0.005:
Total gain=8.3681903017587498e+007
Total commissions=2.2229280168087495e+008
Commission=0.0029:
Total gain=5.3964686183550566e+012
Total commissions=6.6395560659541475e+012
Commission=0.0019:
Total gain=3.7134772078865466e+017
Total commissions=2.0657410633892125e+017
Commission=0:
Total gain=4.7437229016568531e+049
Total commissions=0
Note that 5.5e+026 is the computer’s way of expressing scientific notation, and that example would be 5.5 times 10 to the 26th power.
As you can see, it works astronomically well with as low a spread as possible, but nothing that is given realistically by any brokers to small fish like me.
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The answer I will not accept:
"there would be no one willing to facilitate trades if they didn’t get to take a cut"
Obviously. I’m asking if there’s anyone who takes a smaller cut. Or maybe a cut that doesn’t go up with trade size – after all, buy stocks with a stock broker, and it’s usually 5 or 10 dollars per TRADE. But it doesn’t matter what the trade size is. But with a spread on the forex market, with double the trade size, it’s double the commission. And like I said, whoever IS pocketing the difference, surely HE must be able to trade without a spread since he’s the one who pockets the difference! Certainly this would be worth something to THAT person. It is fundamentally impossible for everyone to lose that money when they trade because it GOES somewhere, and it certainly doesn’t COST that much to keep the markets running. It doesn’t cost anyone anything for me to enter in an electronic order to trade 300 thousand dollars for 30 million yen and for it all to be carried out by computers but I lose about 100 dollars each round trip in the act of doing so. Maybe at the very least there’s some group of people who pay, say, a million dollars a year for however much trading they want, in lieu of spreads. This trading method would make a lot more than that million dollars.
Bill Q – of course if as you say, it’s not being collected by one single group but by multitudes of middlemen, that could be a problem. But the thing is, it doesn’t really need to be ZERO – it would need to be about a sixth of what the best brokers I can find charge to work reasonably well – and as you can see from the list above, the less percentage they charge, the more actual commissions are actually collected as well so it would be in their best interests to consider it.
The thing is, that if they’re offering .03% per trade, that means they’re happy with a profit of a mere 3 dollars for one USD/JPY lot (10000 USD against however many JPY that is equivalent to). Or even smaller scale, they’re willing to settle for a dollar or so with one MXN/JPY lot (mexican peso). Yet they insist on 3000 dollars of profit for me to trade 1000 lots. No middleground at all! If they’d only settle for a mere 300, we could all make SO much money! But WHO would I talk to about possibly doing this?
Well, let’s say you have a scalping strategy that can make you 25% per day. I know it’s high but lets say you did. If you start with ,000, the next day you should have ,500. The next day 25 ..
Right? Well lets say you implement the same strategy with ,000,000, you should be making ,250,000 that ONE day.
Well back to my original question, is there a point where you cant make that much per day because of the size on the orders, where there wont be no one on the other side to fill your bid/ask because of it’s quantity? I hear that Forex is supposed to be the most liquid market of all.
I know that it is extremely difficult to profit 25% per day, but hypothetically speaking.
Thanks.
I’m questioning for who have been successful in forex trade. Can you give me some tips and advice on how to forex trade? Any strategy or rules?
I been using the demo account and thought of this little strategy which help me profit 200 dollars in one day for a couple of hours, but I don’t know if it works on a live account. First of all I buy as many trade as I could, and put them with a volume of .05, so that means you wouldn’t profit and lose that much. Majority of the trade will be losing money, so all i have to do is wait for one to gain some amount, and i will close the trade. Thus, profiting about fifty cent. I will buy the same trade again for a low volume. If the same trade profits again, then I will buy it for a higher volume like 1. I do the same with all the other trade. This is slow profit, but really works for me on the demo version. I’m not sure if it will be like that for the live version.
Should I get into:
Forex?
Real estate?
Build the next Facebook?
Follow the Guerrilla Billionaire strategy?
I am nearly 18, and I have a very strong interest in Forex trading. I have a practice account with FX Express and have discovered some interesting things and techniques that I’ve discovered myself on how to make money.
I’ve developed my own strategy that works everytime I trade so far, and I’m making 10% compounded everyday I place a trade. in fact I want it to be my career. I will open up a live account with real money as soon as I turn aged 18 with maybe a couple of hundred. The only problem is that my mum and step-dad say "You’ll never make a living out of it", or "You’ll lose all your money." What I’d like to know is if its actually possible to make a decent living out of Forex trading and do you or anyone you know currently do this as a day trader. I’d like to prove them wrong.
I am a forex trader and I want very much to coomincate with other forex traders. This will help us to share experience and knowledge, strategies and expertise!
I have had a practice Forex account for a few months now and have been experimenting with it in terms of leverage in which I always use 1:25 now, and the currency pair I am familiar with; GBP/USD and have discovered that so far at least, and hopefully always, I keep on making 10%+ profit onto my capital every time I trade using my personal strategy I’ve developed.
I am going to be 18 in a few weeks time and I intend to put in a few hundred to open up a real Forex trading account, and what I’d like to know is if its possible that by always using the same currency pair, if I could become a millionaire all in good time if I keep on making consistent profits as such with the GBP/USD? Has anybody ever only traded 1 currency pair always, and made a million starting with little capital? Has this ever been done before, and is it possible to do?
If yes, how effective is it? Is it aplliable to Forex?
I have a forex account and would like to know that people think is the best startegy to employ in the current market conditions?
I have successfully installed Forex Strategy Builder but I have not idea how to use the software to test my strategies, in terms of how to make the simulated market work, how to place buy and sell orders, and how to add and remove indicators. I have tried using the help tool that came with the software but it just explains what everything is, it does not show me how to use the software. I need to know how to use it. Any help would be most appreciated. Thanks.
hi all i am new to forex trading but would like some help firstly whats the best site to get me educated and also how do i find a strategy for myself that will work over and over again to make me money
Is it possible to trade the forex spot market without using indicators?
I would appreciate any strategy that would involve trading successfully without indicators if there is such a thing.
Thank you for your answers. I feel very hopeful now. I wish to trade full time without using indicators.
At this time I have a demo with Oanda as it’s got the best web-based browser so I can check 24 hours both from work and home.
This is the first time I’m using this service so don’t know how to send my email contact without revealing here as I don’t wish to be spammed.
This is in Forex trading.
Background: Fundamentals, with an investing strategy out of the Graham playbook (by distressed, unloved or otherwise underpriced securities). Risk is minimized by having a margin of safety, higher upside than down, and by buying into companies that can be understood and predicted down the line.
However, finding a good opportunity tends to leave at least some cash floating around. Aside from dumping it into a placeholder stock like BRK.B, moneymarket, etc. I am interested in utilizing, to some small degree, daytrading.
Basically:
(1) How is risk managed in security day trading? Forex trading?
(2) Do the few successful traders operate by intuition or determinism?
(3) How wide of a scope to most traders take? Ten stocks? One hundred? All of them? Similarly, how wide of a scope do forex’ers employ?
(4) Is there a way to get a hold of raw market data, outside of the wacky software like eSignal, etc?
Please do not try and pitch a trading system. Thanks.
I just wanna to see proof from experience traders who trade using the hedging strategy in the forex market
I am also keen to know the requirements for brokers who are ECN, STP, others unknown to me yet
Many literature mentioned slippages and lack of market volume information by market makers
well I really doubt that it’s possible to gain even more than 15% per month on a constant basis…(I mean earning about 15% without braking the chain and lose lots of money…).
But I wonder can you use some "strategy" such as:
Bet all your money and limit to 2 pips gain?
Play "midterm" and expect 20 pips gain if the trend is continously going in one direction already a month?
Thanks