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  • Trading Forex without (much) leverage.

    There are a lot myths about how much money can be made trading currencies. Some promoters of trading systems and other products claim truly fantastic returns. Just few days ago this is a google add that popped up on my c…

  • Well deserved time off.

    It is this time of the year again. Summer vacation. Well, in my case it is a partial vacation. Last weekend on the water was so enjoyable, our little group decided to spend few days boating. We are doing it starting tom…

  • Going boating.

    As time for my vacation approaches, and summer is more and more evident, it is a little difficult to sit down and write something down. I was supposed to spend the day on the water with a friend of mine. Unfortunately, …

  • Summer.

    Yesterday we had the longest day of the year. It's all down hill now, time to prepare for winter. Coincidentally, it was also the first sunny day this June. My neighbor came over in the afternoon and we spent some time …

  • Oil

    I get a lot of financial junk mail, most of it is Forex related. Over last couple of months, however, my mail mailbox has filled with oil related info. All kinds of fliers, news letters, "special situation reports" and …

  • Breakouts.

    Some day we had on Friday. Fireworks left and right. Perhaps it was not a "black Friday'but certainly gloomy one. DOW falling about 400 pips, oil having the biggest jump ever, at least that's the official story. Let's n…

  • A little more.

    Much to my surprise I received a few emails about last post. Mostly about my fishing days. I guess that show "Deadliest catch" really impresses people, or at least solicits a lot of questions. Here are answers for the o…

  • Deadliest catch.

    I went to a local Barns&Noble bookstore last night. As you enter, they have tables with bestsellers and featured books. In the most prominent spot there was a large stack of books about "Time Bandit", one of the fis…

  • CNBC portfolio challenge.

    Last Monday the much vaunted CNBC trading contest got under way. I don't participate in this kind of competition, but since they offered Forex trading.... What the hell, I registered. I didn't intend to trade actively, …

  • Sloppiness.

    I place a lot of orders every day, across many accounts. Most of them are intended to be active for only short period of time. In order to prevent a situation that I forgot about a pending order (which had happened befo…

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