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Have dabbled in the past with FOREX but not on a consistent basis. Made some money, thought I was smart, lost some money, realized I wasn't. Figured I'd better get serious or get lost, got lost for awhile.
Advance to the present:
I found the first in the webinar series 'Where to Start as a Trader' (Jan 2012), can't find the rest. The topics were to be
○ Instruments and Brokers (Part 1)
○ Trading Platforms
○ Developing a trading style/method
○ Risk Management, Trade Management
○ Goals and Best Measurement Practices
○ Indicators, Signals and Automation
Was the rest of the series put together? They may have been retitled. Any suggested beginner's list on the videos?
Also, I saw some suggested threads on system development while browsing but cannot find them again. Can you recommend a place to go to begin developing a comprehensive approach from How To, to Who to Use, to Keeping Your Head Straight?
My current trading bias is toward FOREX or E-mini S&P. Are there better places to get your feet wet?
Best to all,
Jim
Can you help answer these questions from other members on NexusFi?
I'm creating this thread with the purpose of a 'catch all' for any trading related question that futures.io (formerly BMT) members want to ask, but don't want to create a new thread for -- or find an existing thread to reply to.
I've …
I encourage you to read every single post. Virtually every rookie question has been asked and answered, at least from my point of view, and it should be more than enough to give anyone a very clear path to work towards.
In my case I doubt there were any bad actors at play. The biggest threat to my trading account was me. This time around I'm going to try to go at it a little more sober minded, pushing hard on education and caution with a little less hubris.
On this forum, Big Mike recommends using a "no-dealing desk" for Forex. Its the "dealing desk" that can see your orders and trade against you. Watching some of the forum's webinars Big Mike mentioned that he uses FXCM.
There's also a couple of FXCM webinars here on the forum, I think they have both dealing and non-dealing desks. They talk about the difference between a dealing desk broker and a non-dealing desk broker. The differences include not only what an in-house trader sees but also the spreads the broker charges, the non-dealing desk having a larger spread.
I gather there's also been issues with some brokers not willing/able to distribute funds back to clients.
Quoting Big Mike; "make sure you do your research."
Hi Big Mike. I am a new member here and fairly new (1 year) to trading. The link that you posted is an elite circle link. Do I need to be an elite member to view the posts for newbies? Thanks.
