And about the situation of Spain i think it is the matter of time and one day it will all be history.

SMUSA.

I studied the forex market for one year and never made one trade. Why? Never located one honest broker, and perhaps of greater importance, forex is actually not a true market. In the vast majority of cases, your broker takes the other side of your contract, and it is in their interest that you LOSE. Whereas there is a bonafide stock market and commodity market.

Yes, I know about ECN brokers that claim they do not have dealing desks. Oh really? Then why are there dozens and dozens of posts that rip those brokers apart? Yes, there is corruption in every market, but forex is the worst.

I am new to the forum. I am computer savvy but never have been in forums or blogs for any reason so don't always understand (took me a day to figure out how to post this).

I am somewhat jaded on trading stocks because I did enjoy the challenge, I am an analytic person so it is intriguing to me but after paying $5,000.00 and learning how to lose $30,000.00 trying to apply the techniques I was trained on I have to be honest and say I threw the "are you kidding me flag" and quit in disgust.

The part of me that wants to trade however has not gone away so hopefully I can get some pointers on what I was doing wrong. I do understand that it is impossible to win all the time, I understand cutting your losses and riding the gains but for some reason the stuff I was taught to do seemed to always go against what the market does so not big on all the so called indicators we are supposed to use unless I was using in the wrong combination...

I need a silver bullet to fix me (just kidding).

If you could guide me to some of your informative articles I would appreciate, not very good at navigating the forum for some reason....

hey all,

I was a cubicle boy for years as a software achitect, moving from different contracts. Bought a business that I can run from my home (APA Franchise) and grew it enuf to have several full time employees.

Decided I wanted to learn to trade stocks and futures. I read everything I could get my hands on (Still reading) and Opened a SIM account. Set up my trading plan and stuck to it for 6 months in SIM.

I decided it was time for me to go live. Well then plan went out the window..So I have been live for 6 months now..Only blew up my account once, but flirting with it again.

I think I can contribute to this community with my programming experience, but then again Roonius is here...lol...and he is better than i am with C#

So looking forward to sharing and becoming profitable.

Hi All,

Thanks Mike for the forum. This looks like it will be a great resource for all traders.

I am three months new to trading futures. Midwestern middle aged man looking to build my retirement acct and give me the freedom to do what I can for my family and my community.

Yes I have already blown out one account so far. I am currently back to sim trading and doing better but it is sooo much easier to stay in a trade or even pull the trigger when there is nothing on the line.

I am looking forward to what this forum has to offer.

Market: ES
Software: NinjaTrader
Programing: None

Rod

Do you have a deep knowledge of japanese candlesticks? If not, that is a necessity. Before, I could not figure out where the high probability set ups were. After studying candlesticks for three months, the sets ups screamed out to me especially when incorporating the classical indicators when there exists confluenc

Once you know candlesticks, you must constantly study price action. I look at charts six days a week looking for new discoveries, and have followed this routine for over four years.

I just made a post to another introduction on japanese candlesticks. Do y o u know the high probability reversal set ups using them. I see so many brilliant people trying to reinvent the wheel. Japanese candlesticks have truly turned around my trading. And Rsi, Stochastics, and Macd are very productive for pointing out the reversal set ups. I dont understand why traders spend thousands of hours on custom indicators. Perhaps there a re some that are worth the effort, but will you or me make the critical discovery?