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Old 27-01-2005, 11:19   #15
tim_nn
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Quote:
Originally posted by sr2 I love the fact that I can post something on a forum and within days get feedback and new ideas.
I know what you mean; but take care that your main problem doesn't become spending too much time answering fatuous questions and heckling from people like me who spend too many hours a day sitting in front of a PC and chat here when they should be working/trading!

Quote:
Originally posted by sr2 Your point about Spread betting is great and I have already thought about potentially going down that route.
It's worth it when tax becomes relevant. Many people in internet forums are strongly opinionated about (and opposed to) spread-betting and usually rather ill-informed and out-of-date, but IMHO the more successful traders here are gradually realising that it's both better regulated and more profitable than anything else. Enough of that, anyway.

Quote:
Originally posted by sr2 It could be that I drop EUR/GBP for now and try one of the other pairs coming up with a list of 8 or so profitable ones.
Find "products" that fit your system rather than curve-fitting your system to fit them? There are advantages and disadvantages both ways.

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Originally posted by sr2 I think MT resets demo accounts every month(???) in which case I will open a new $10000 for Feb. I will post the results, good or bad
I don't even know what MT is, sorry. Someone else will answer, though; this "MT" has many followers and users here, I gather.

Certainly looking forward to seeing some forward-going results, and wishing you well with them.

Quote:
Originally posted by sr2 Do you think it may be worth while demoing on Refco or GFT as one of these is likely to be my real brokers? Also probably bets to use a mini account if and when I go live?
I'd say yes. Always better to do demo-trading on as close as you can get to the real platform you'll be using for real money trading. (This is actually quite an important point which many people ignore, IMHO).

(Slightly curious about why you're mentioning Refco and GFT rather than FXCM or CMC, but again, that's another matter and perhaps not very important anyway.)

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Originally posted by sr2 Basically I attended a seminar on stocks and shares. At this seminar one of the handouts mentioned MA's and crossover and how if these were followed could be very profitable. This stayed in my head for a few years but I did not do anything with it until finally deciding to jump into forex. Anyway the point I wanted to make was that sometimes good ideas come from the most unlikely sources which in this case was a chap by the name of Mr Darren Winters!!! For those of you in the UK who have heard of him or been to one of his seminars you will understand what I am trying to say.
I know exactly what you mean.

I've also been to a Darren Winters free 3-hour "performance" about 4 years ago (from which I did learn a few things, actually, and was surprised how much stuff it contained, and that only quite a small proportion of it was spent promoting the longer, paid-for courses).

My sense of MA crossovers now is that they don't ever work long-term on their own but need an awful lot of filtering (for example in the BunnyGirl or JetHeat ways). This is certainly the first time I've seen exactly your method, though, and I'm intrigued. Will be watching eagerly.
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