Recent content by RMSTrader

6.5 weeks since The CollectiveFX's email informing us of the closure of the brokerage. No return of my significant funds to date.

Wow....this looks like intentional bad performance! There's just no logic that I can discern from those statements.... Having said that....I would NEVER trust an un-registered company in an unregulated foreign country with $100K of MY money. That's just asking for trouble. On the other...

Good job FPA! Thanks for the service you guys provide!

Bumping this thread.....rereading and reminding myself.....great rules Ricex!

Here is what their website says NOW: "Guarantee 90 DAYS Money Back 10 Years Back-testing Over 112,000 Total Trades Over 97% Winners $1,000 Exploding Into $619,037,305 Guarantee 48 HOURS Money Back for Perfomance if your back-testing not similar with us, who robot vendor gived...

Thanks Henry...I'm watching this one closely.

Henry - I wanted to tell you much I appreciate your reports. You are obviously quite capable and knowledgeable. I am starting to use your info more and more and find it quite accurate. Please keep up the good work, sir! :)

Hi Henry - I really appreciate your info.... Please keep providing it. I made some nice pips this week on your USD/CAD range trade recommendation. You obviously know what you are doing and I thank you for your continued insights! Ric

Yes! The holy grail, as it where. The $64,000 question. WHAT is the 'Big Money' looking at? We just want to hitch rides on their backs from day-to-day!:D

Very useful info from Ricex, Cyclon and Forexwatchman. I spent most of 10 hours today cleaning up my charts (no trades for me in this 'change of sentiment' environment) and reviewing / revising my trading system, with the end goal being to un-clutter things. I have now adopted a totally...

In the quest for clean, stripped down charts from which to work from in an uncluttered environment, which S/R lines are essential for you? Previous Day Low/High? Previous Week Low/High? Year Low/High? Obvious limits of current Ranges (in multiple time frames)? Obvious other strong S/R levels...

The free stuff here is great. I also like the 'school' at Babypips.com....also free. DON'T spend money to learn the basics. You don't have to!

Excellent advice, Ricex. This is exactly how I'm steering my ship now'days. Read what your charts SAY (not what you want them to say), keep it simple, be patient, don't overtrade. The sheer noise level generated by all the expert financial commentators is deafening!

Tyce - Thank you for your straightforward response! But....Isn't 'regular income' different from 'capital gains'? If I'm a full time Forex trader (deriving most of my income from trading), are my profits considered regular income or capital gains?

Great ideas Eric and Ricex.... "Think of a broker as a bad wife that you have to limit the amount of money/allowance that you put in...." Yep. Exactly how I'm looking at it. :) "you really shouldn't treat a broker like a bank. Only put in what your business plan and strategy require, not a...