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- highneb replied Dec 12, 2010
LOL!! yes... the brokers did.
- highneb replied Nov 16, 2010
I discovered a nice edge 5 years ago, which is still paying out at 10% per year. But when this ceases to work there will be no warning.
- highneb replied Nov 16, 2010
This is an extremely important point. If you don't have an edge then ultimately you may as well flip a coin. (money management and discapline are irrelevant without finding an edge first). However an edge is very, very difficult to find. Why? ...
- highneb replied Nov 14, 2010
Cloggie brings up an interesting question. Why do we trade Forex? Rather than compounding steady returns in other markets. I think Forex gives investors the chance to be creative. Developing trading strategies is interesting, intellectually ...
- highneb replied Nov 13, 2010
???? Before mud slinging my friend, you will notice that I said 5 years not 6. So thats 10% compounded (as I said). The Dow is pretty much where it was 5 years ago (which is when I started in forex), so I'm pretty happy with my 10% per year trading ...
- highneb replied Nov 13, 2010
As I said 10% per year (compounded). This is a reasonable return, but not spectacular. Why should I go to other investment types I know little about. Forex is working well for me. Will give me a decent pension pot in a few years.
- highneb replied Nov 13, 2010
..not sure why i'm being called a 'damn lier'. please explain. In 5 years of trading, I have made approx £60,000. this is starting with a £100,000 account. So thats about 10% per year compounded. This is not so remarkable.
- highneb replied Nov 12, 2010
I'm certainly not 'rich' from trading forex, however it does provide an excellent, regular income. Over a 5 year period I have made around £60,000. Not a fortune but a good income boost.
- highneb replied Feb 21, 2010
There isn't a lot to work out. DIBS is a break even strategy in the long run. (Although there may be some decent runs within this time). You can have the best money management, discipline and Karma in the world, if the method does not have a ...
- highneb replied Feb 12, 2010
LOL Well said
- highneb replied Jan 15, 2010
DIBS Always was and always will be a break-even strategy (over the long term). Thank you Sauron for helping put it to bed.
- highneb replied Jan 12, 2010
At last, someone on this thread who knows what they are talking about.
- highneb replied Dec 19, 2009
LOL. Now even Razor Trader is admitting that dibs is pretty much a break even strategy (and it doesn't matter which time frame you use.) Nobody is making consistent profits from dibs (and that including the big guru Peter Crowns), nor is anybody ...
- highneb replied Oct 16, 2009
any profits? — Out of interest are there any participants on this thread who are making money out of dibs? No BS please. No need to mention figures. % gain is the best measure. If you reply to this, please also mention over how long and approx ...
- highneb replied Apr 18, 2009
Those figures are indeed impressive. Are you using DIBS or another technique?
- highneb replied Apr 18, 2009
A serious trader, inverstor or business person will talk in terms of % returns on investment capital. Loosing the whole of the original investement is not an option. That is why we need significant starting capital if we are going to make a living ...
- highneb replied Apr 17, 2009
Also the analogy of 'learning to ride a bike' is hardly accurate, concidering that 100% of people eventually succeed at this while 95% of people fail at forex. I know you guys hate all this 'pesimism', but the fact is at least 95% of forex traders ...
- highneb replied Apr 17, 2009
Some excellent posts this evening. In respone to your coment I have traded for 15 years (part time with a regular job) and know a little about 'the game'. I stand by my point of view that it is extremely difficult to make a full time living in ...
- highneb replied Apr 17, 2009
For forex trading to replace the day job one would need minimum starting capital of $300,000 or £200,000. Risking that amount with your local friendly broker is problematic considering many go bust or simply disappear. Also if the average spread on ...
- highneb replied Apr 16, 2009
can't help but agree with the person who said 'hope you trade profitably for 6 months before quitting the day job'. Making a full time living from forex would be exceptionally difficult. These markets are so full of random noise, plus having to ...