forexci

Joined Nov 20, 2013

Connections: 0

Experience: 1-3 years

Location: Netherlands

Profile

Trading style

Swing trader

Motto

I Think, Therefore I'm Guessing

Systems by forexci

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Recent Posts

How many pips should a reasonable trader make a month?

"I think this is the seventh time. Lucky seven, maybe." Terry Gilliam fancies yet another bash at making the Don Quixote film. I mention it only because I too used to chase the key question down the rabbit-hole of subterranean trading: "How many pips, oh god somebody please tell me how many... be...

14630

Jan 27, 2014 at 11:05

Broker Suggestion

Ah, yes, the key conundrum: with whom shall I entrust my trading moolah?Well, most (surviving) brokers are regulated (if you're a cynic, that won't mean much), but, when it comes to conducting due diligence ("Crikey, do you need an anaesthetic...?"), you're looking at Spread, Trading Platform, Le...

6952

Jan 17, 2014 at 18:32

Diffrence between real & demo trading

Well, I do agree with the statement that there is not much difference between demo and live trading. I also agree with the statement that there is no comparison between demo and live trading. See how torn I am between the tomaytoe / tomahtoe divide?To risk-manage the consistent kissing of your kn...

6820

Jan 14, 2014 at 16:10

How to differentiate luck from skill in trades

For sure I agree, but I think some demo contests can give you some inkling - even some simulated real-world experience - about the factors influencing successful (or otherwise) real account trading. Contests here at myfxbook, for example, and also forexrazor (which seem focused on drawdown, some ...

1224

Dec 10, 2013 at 11:26

Humans vs. Robots

The way I see it is that those who follow price action, whether it be following chart patterns (support/resistance, trendlines, fibs, candlesticks) or using their naked eye, prefer the subjective/interpretive element of trading. Whereas those who follow indicators like the rule-bound element of i...

4269

Dec 09, 2013 at 12:11

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.15825	GBPUSD	1.3534
USDJPY	160.062	USDCAD	1.38845