Bluebay

Ok there are some real bad crooks out there and they are just out to make money from you fact. But, then the majority of brokers who are registered with the FSA etc are what I can call honest. Perhaps they are just cleverer than most traders who expect to beat them after a month or so studying charts and then fail miserably. I was short 40 contracts on FTSE last night before the drop and made 1 bar but I could have made 3 times that if I had the guts and was clever enough to hold out. Yep I should have used a trailing stop but in the heat of the moment with dogs barking and kids screaming it's not so easy. What is easy, is hindsight. Practice makes perfect and I think I need another two years before I will qualify and get my trading degree that I will award to myself. You cannot become a Doctor or a lawyer without studying for years. But all this said the fact of the matter is there are some very clever people on the other side, I am really not that clever at all. All I am trying to do is to learn as much as possible try and stick to times and rules and not take chances. I hope this helps someone.

Amazing - I am in total agreement with you. It's as if you took the words out of my mouth. Great stuff

Listen all you you Traders out there. I have been trading full time now for the past 4 years via four different brokers. The second broker was and is the best and I am sticking to them. I made money but not a fortune. Everyone else that I have spoken to or that I know have lost money except my good friend who made a quarter bar some time ago but since then has been losing small amounts and has almost stopped trading as he is searching for the reasons why his method does not work anymore. The markets morphe all the time and what worked for me 2 years ago just does not work today. I will not share my success and trading methods with anyone. Each person must search for their own secret method that works for them. However, to help you in your quest look at what helped me. Find the times that are best to trade, don't trade with money that you cannot afford to lose and don't over complicate matters with lots of indicators. One and five minute time frames are a waste of time. Avoid trading around important news eg non farm payrolls. And most important of all don't take chances, be patient, very very patient. And now for some words of wisdom. Perhaps the markets are manipulated, perhaps not. What I do know is that ther are some very clever people out there on the other side, if you are not making money trading then they are just cleverer than you, fact. I suppose I am going to get blasted now.