View Full Version : Who Here Trades on the Foreign Exchange Market?
William Burcker
December 2nd, 2007, 05:01 AM
I just fished up this old account I have with FXCM. I was trading with it a while ago, but I took a break because I was too busy to really sink my teeth into it.
Months ago I learned all I could about ALL of the indicators and many techniques that people teach about on youtube.
Is there anyone on VNN that messes with this? It would be cool to converse with anyone that could make us some money.
albion
December 2nd, 2007, 07:18 AM
Learn to Trade Forex
http://www.fxcm.com/
William Burcker
December 2nd, 2007, 07:38 AM
I already have that bro!
I have an account with FXCM!
I already know the knowledge aspect.
I need someone I can confer with for day trading. I think a racially aware white man has much more potential to make money from this market because it takes a large amount of ability to control inner greed to make significant profits. This is an accessable strength in whites, and an inherent weakness in jews.
Thanks anyway.
iwthswra
December 9th, 2007, 05:29 PM
I used to be a trader at the CBOT. There's basically 3 ways to trade:
1) day trading
2) swing trading
3) long term trading
Day trading is the hardest out of the 3. And in forex the spread will eat you alive. It's best left to the pros. Swing trading involves putting on a trade and holding it for a short period of time. Usually 3-10 days. Long term trading is the easiest and makes more money than the other 2. Many long term traders are trend followers.
The hardest part of trading is the psychological part. I'm not kidding. Very few people can handle the stress when they first start out. If I told 100 people that if they put on a certain trade they would make $10,000 when they exited it but it would first go against them for $5000, at least 95 of them would get out of the trade when it's $5000 against them.
Here are some websites to check out:
www.babypips.com - great forex info site
www.oanda.com - my prefered forex broker
www.tradingblox.com/forum - forums for trend followers
www.elitetrader.com - lots of forums but lots of bullshit on them
www.tradingtribe.com - Ed is considered to be 1 of the best traders ever. Read the entire site over and over and over.....
If you have any questions I'll try to answer them. I travel a lot and don't always have inet access so it might be a while before I can respond.
iwthswra
December 9th, 2007, 05:34 PM
I used to be a trader at the CBOT. There's basically 3 ways to trade:
1) day trading
2) swing trading
3) long term trading
Day trading is the hardest out of the 3. And in forex the spread will eat you alive. It's best left to the pros. Swing trading involves putting on a trade and holding it for a short period of time. Usually 3-10 days. Long term trading is the easiest and makes more money than the other 2. Many long term traders are trend followers.
The hardest part of trading is the psychological part. I'm not kidding. Very few people can handle the stress when they first start out. If I told 100 people that if they put on a certain trade they would make $10,000 when they exited it but it would first go against them for $5000, at least 95 of them would get out of the trade when it's $5000 against them.
Here are some websites to check out:
www.babypips.com - great forex info site
www.oanda.com - my prefered forex broker
www.tradingblox.com/forum - forums for trend followers
www.elitetrader.com - lots of forums but lots of bullshit on them
www.tradingtribe.com - Ed is considered to be 1 of the best traders ever. Read the entire site over and over and over.....
If you have any questions I'll try to answer them. I travel a lot and don't always have inet access so it might be a while before I can respond.
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