Recent content by pfxs

Hi Pat, Straddling is a sure fire way to blow up an account. It may work once or twice but will wick you in on the top and bottom only to stop you out of both positions more often than not. Is that the only analysis you do or do you "straddle" in conjunction with something else. I will be...

My suggestions seeing that youve obviously hit the ole slump we all go through from time to time is to take a break for a few days and let your mind slow down. It happens to all of us, we have a few good trades,, think we are unstoppable and then BAM we get stopped,,, the trick is knowing when...

the best "book" you guys can read starting out before you get too deep into techs or fundi's is a book by Mark Douglass called "Trading in the Zone". I dont care if it cost's 1000 dollars (its only 40 bucks or so) its worth it to just get your head right.

i agree with 3BlackCrows,,,, min account size should be 10K. Would say more but i think 3BC already covered it pretty well!!!:)

Heh,, the correct answer to the question "who is the best broker for forex trading?" is ---none of them. I cannot think of one broker nor have i used a broker where my best interest was the same as their best interest. Some are better than others however reguarding trade execution (until your...

charts Personally, i use Metatrader4. I like the platform, and the charts. My broker uses MT for their platform so my price feed and charting system are always in sync. I used to use intellicharts as well and i constantly had data feed descrepencies between my broker and the intellicharts...

Its a tricky business, do you know any "sucessful" traders that you could use as a mentor? Remember there is a BIG difference between those selling systems that claim to be sucessful and those who actually are sucessful. Do not believe everything you read and i agree,, do not even think about...

News Feeds I have used Trade the News for almost 2 years now,, its worth every penny,, like most news sources though sometimes they are slower,, sometimes they are faster but for the money they are well worth it.