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Wilson

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Everything posted by Wilson

  1. What about FxReplitrader? Home | FXReplitrader Anyone tried it? Seems similar to Zulutrade.
  2. I use them for six months and I have really nothing bad to say about them. Pretty good in terms of execution time and spreads, no withdrawal delays, very helpful customer service.
  3. Wilson

    Mt4 Broker

    they're not NFA regulated, but are not a bucket shop.
  4. Wilson

    Mt4 Broker

    Try forex-metal broker. they have high leverage and micro accounts, and permit hedging.
  5. I used to have an account with GFT broker..had to close it because of the rollover charges, bad customer service (they were always telling me that I am the first person this is happening to). Stay away is my advice.. Do your homework and select abroker with good reputation..I am now trading with Forex-metal broker and they're much, much better..
  6. I don't understand why would anyone want to spend money on courses when they're so many free online educational resources out there including courses, books that you can download for free, forums, and websites like babypips.ocm
  7. The book's content is great. However, I bought the book for tape reading. It covers volume, price and pace but no real tape reading techniques. The title for me is a misnomer.
  8. check out Forex-Metal.com They have MT4 platform, tight spreads, and many funding options. I also like the customer support, always helpful.
  9. I am doing my MPA (Master of Public Administration). I am a part-time trader, call it a hobby. Will I be able to make it my profession based on the education I am getting?
  10. I do. If I sit or lay down I tend to be asleep within a few minutes. So I enjoy a slow martial arts workout instead. Nice and focussed and works on your body and mind at the same time!
  11. Hello, first, I would check out Chicago restaurants, clubs, bars, entertainment and nightlife. You can search by date to see what events are going on in the city to see if they match your interests. All of the beaches are available by public transit (buses mainly). You can go to Chicago Transit Authority | 1-888-YOURCTA and enter both your starting and ending point to find out exactly how to get there. It is safe to go alone to the beaches, but I wouldn't exactly leave stuff of value out where you can't see it.
  12. I am a detailed trader! ;-) Thanks for the link!
  13. Here's a good article from mypivots forum. You can easily judge the character of a man by how he treats those who can do nothing for him. - - Malcolm Forbes - A Time and Place For Emotions Winning traders are extremely disciplined. They astutely study the markets, devise a trading plan, and follow it. They control their impulse to abandon their plans prematurely, and they don't allow emotions, such as fear and greed, to influence their trading decisions. In the trading profession, emotions often get a bad rap, however. There are critical moments of investing when it's vital to control your emotions, but there are also times when you can let your emotions run wild. Trading can be broken down into two basic phases: Planning and Execution. In the planning phase, a trader creatively searches for trading ideas and develops a viable trading plan. During the planning phase, you can feel free to experience a variety of emotions. When you execute your trading plan, though, it's essential to control your emotions and impulses. Once you plan the trade, you must trade the plan in order to take home profits. During the planning stage, your goal is to find new trading strategies. It's a creative process, and to find them, you cannot be closed off and rigid. Not only is it all right to allow your emotions to guide you, it may be necessary. It's all right to psych yourself up. Get excited and enthusiastic. You need the energy to do the homework to discover an innovative idea. Depending on your trading style, you need energy to backtest, scan charts, or read financial reports. Go ahead and tell yourself encouraging thoughts, such as "I'm a creative person. If I let my imagination run freely, I'll think of a brilliant idea." When you're in the creative planning stage, you can think emotionally. As you search for ideas, feel free to impulsively switch from one idea to the next. Combine and recombine ideas. What's the harm? You're trying to find a new idea. At some point in the creative process, you might even want to show some self-reproach or even paranoia. You might want to play Devil's Advocate as you try to figure out what might go wrong. In the planning stage, it's useful to defensively think of every potential adverse event that may ruin your trading plan. A little skepticism can only help matters during the planning phase. At some point during the planning phase, though, you must stop searching and deliberating and decide on a plan. You must specify when to enter and when to exit, and determine the indicators that will allow you to monitor the success of your trading plan. Once you have a plan devised, your emotions and impulses must be controlled. At some point, you must stop thinking emotionally, and move into a rational state of mind. You must carefully enter as planned, monitor the market action, and effortlessly exit should the markets go against you, or wait for your plan to come to fruition. Emotions aren't always a distraction while trading. There is a time and place for everything, and emotions can motivate us to develop creative ideas. But once you move from the planning to the execution stage, it's essential to trade with discipline. The disciplined trader is the winning trader.
  14. To my mins, they cannot be compared. Price is either gonna go up....or it's gonna go down. I am going to be right or wrong....not worried about who is on the other side. All the theory and degrees in the world isn't gonna change price either moving up or down. I make the most intelligent decision I can...and back it up with a few bucks. That's trading.
  15. I use forex-metal's Metatrader platform for both forex and commodities trading.
  16. MB Trading is OK for swing trading or position trading but their servers are not reliable enough for day trading. You could easily find yourself in a trade during a volume surge and wind up with NO data.
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