Foreign exchange markets are said to be heavily manipulated. Without insider knowledge or HFT tools, I'm not seeing much opportunity in a broadly static market
I don't really understand this post, who do you believe is manipulating the forex market? I surely have no insider knowledge, and I'm not sure what an HFT tool is (but I'm searching it now). I just think that a 4 trillion a day market would be hard to manipulate unlike bitcoin where anyone with a few million in btc can swing the market either way.
Did you not see the usd/jpy a few weeks ago drop from ~104->94, not manipulated my ass!
Couple of questions:
What kind of EA's do you use?
Do you typically set your intervals in m5, m15 or other, if so why?
Do you use mt4 or mt5?
Are you considering getting licensed? If not why not?
What indicators do you use? What's your favorite and why?
What leverage do you use 50, 100, 400?
What types of drawdowns do you encounter?
What money management style do you follow?
I don't understand al the questions you asked. I don't have a background in finance. I study the candlestick charts on the 4H and 1D settings, looking back over the last few months. my leverage is set at 200 on most forex and 20 on BTC. I manage my money just fine and have done so all of my adult life.
whats an EA?
does M1 M15 stand for 1 minute 15 minutes? I think it does, but I'm not sure. I started this thread to learn so maybe if you can explain your questions in more detail I'll know how to answer.
The title of this thread is: "AVAdayTrader... I'm here to change your lives."
Your going to change our lives? You do realize (probably not) that if you did have the ability to make money all day with little risk... LOL, I can't even finish this sentence... go tell your "jedi" that you failed, make another account and try again please.
Hi fellow bitcoiners, My name is David and I'm new to the forums but not new to making money day trading.
I've traded everything from BTC, LTC, Gold, Silver, Natural Gas, euro/usd, usd/chf usd/jpy, aud/chf, nasdaq100, dj30, ftse100, cotton, sugar, just to name a few.
I myself am still in training, I've been doing this with the help of a family member for about 2 months
You honestly believe that we are going give you money after you have been doing this for a whole 2 months of day trading with $1000.00, in addition to not even knowing general industry terminology.
In the next few weeks I'll be rolling out a trading tool I call "David's forex/commodity/crypto-coin picks.
What gives you the ability to build trading tools when you can barley do it by hand. What languages do you know?
K1773R Said: "post references, otherwise -> scam possibility: 99%"
Your reaction was: "Firstly, I am not a scam/scammer/fraud/thief." Sounds to me like you are being very defensive right from the start, which IMHO is the first signs of a scammer.
