Forget The Speccy Stocks, page-3

I trade FX largely on candlestick charts but obviously FA is important.
Personally I think it's more logical than trying to value a spec stock which is open to insiders/ramps and mass hysteria. FX is far less emotional even logical especially when candlesticks and fundamentals match.


I trade several times a day but have a core position which I trade around, like now I'm heavily short of $AUD as it's trading perfectly in a range of 7570/7600 to 7370 which I believe will be hit very soon.

When I trade just before a number or political event I keep it small, say $20 a tick.

Yes, I've been doing it since my early twenties and I am well ahead(sorry, I'm not big noting myself but you asked)

Key point and I can't stress this enough is cut losses and run profits.
Booking small profits won't make you broke but won't make you rich either. It's not cutting your losses that kills so many.