<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments for Forex Trading System</title>
	<atom:link href="http://www.forextradingsystemblog.com/comments/feed" rel="self" type="application/rss+xml" />
	<link>http://www.forextradingsystemblog.com</link>
	<description>Everything Forex Trading</description>
	<lastBuildDate>Sun, 02 Aug 2009 21:17:59 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.9.1</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>Comment on Whats a good Forex trading system? by Anil Kumar Raju</title>
		<link>http://www.forextradingsystemblog.com/forex-trading-system/whats-a-good-forex-trading-system/comment-page-1#comment-2283</link>
		<dc:creator>Anil Kumar Raju</dc:creator>
		<pubDate>Sun, 02 Aug 2009 21:17:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.forextradingsystemblog.com/forex-trading-system/whats-a-good-forex-trading-system#comment-2283</guid>
		<description>Fap turbo is a good forex trading system for me.I don&#039;t have any issues on fap turbo.It is working good.&lt;br&gt;&lt;b&gt;References : &lt;/b&gt;&lt;br&gt;http://forexfapturbo.blogspot.com</description>
		<content:encoded><![CDATA[<p>Fap turbo is a good forex trading system for me.I don&#8217;t have any issues on fap turbo.It is working good.<br /><b>References : </b><br /><a href="http://forexfapturbo.blogspot.com" rel="nofollow">http://forexfapturbo.blogspot.com</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on Whats a good Forex trading system? by Marc</title>
		<link>http://www.forextradingsystemblog.com/forex-trading-system/whats-a-good-forex-trading-system/comment-page-1#comment-2282</link>
		<dc:creator>Marc</dc:creator>
		<pubDate>Sun, 02 Aug 2009 20:38:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.forextradingsystemblog.com/forex-trading-system/whats-a-good-forex-trading-system#comment-2282</guid>
		<description>FXCM is gr8 and they have MT4...&lt;br&gt;&lt;b&gt;References : &lt;/b&gt;&lt;br&gt;http://www.expertadvisormetatrader.com</description>
		<content:encoded><![CDATA[<p>FXCM is gr8 and they have MT4&#8230;<br /><b>References : </b><br /><a href="http://www.expertadvisormetatrader.com" rel="nofollow">http://www.expertadvisormetatrader.com</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on Whats a good Forex trading system? by Elliott</title>
		<link>http://www.forextradingsystemblog.com/forex-trading-system/whats-a-good-forex-trading-system/comment-page-1#comment-2281</link>
		<dc:creator>Elliott</dc:creator>
		<pubDate>Sun, 02 Aug 2009 20:10:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.forextradingsystemblog.com/forex-trading-system/whats-a-good-forex-trading-system#comment-2281</guid>
		<description>If you are looking for a forex broker a have reviewed some of the best brokers in the market at http://www.forexlane.com/brokers.html there are also other resources for fundamental and technical trading strategies.&lt;br&gt;&lt;b&gt;References : &lt;/b&gt;&lt;br&gt;</description>
		<content:encoded><![CDATA[<p>If you are looking for a forex broker a have reviewed some of the best brokers in the market at <a href="http://www.forexlane.com/brokers.html" rel="nofollow">http://www.forexlane.com/brokers.html</a> there are also other resources for fundamental and technical trading strategies.<br /><b>References : </b></p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on Whats a good Forex trading system? by Mike</title>
		<link>http://www.forextradingsystemblog.com/forex-trading-system/whats-a-good-forex-trading-system/comment-page-1#comment-2280</link>
		<dc:creator>Mike</dc:creator>
		<pubDate>Sun, 02 Aug 2009 19:53:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.forextradingsystemblog.com/forex-trading-system/whats-a-good-forex-trading-system#comment-2280</guid>
		<description>Ameritrade is not a system, but a broker. All forex brokers offer practice or &quot;demo&quot; accounts. For a small retail trader, especially beginner, OANDA.com might be best choice, because there is no minimum balance to open a real account and you can trade in any size you want- as small as $1. Trade in demo for a while, then open a small live account. Small is the operative word. 
Good places to learn might be blogs, that experienced traders keep. These are normally free and could be helpful.&lt;br&gt;&lt;b&gt;References : &lt;/b&gt;&lt;br&gt;www.fxmadness.com</description>
		<content:encoded><![CDATA[<p>Ameritrade is not a system, but a broker. All forex brokers offer practice or &quot;demo&quot; accounts. For a small retail trader, especially beginner, OANDA.com might be best choice, because there is no minimum balance to open a real account and you can trade in any size you want- as small as $1. Trade in demo for a while, then open a small live account. Small is the operative word.<br />
Good places to learn might be blogs, that experienced traders keep. These are normally free and could be helpful.<br /><b>References : </b><br /><a href="http://www.fxmadness.com" rel="nofollow">http://www.fxmadness.com</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on Whats a good Forex trading system? by Spock (rhp)</title>
		<link>http://www.forextradingsystemblog.com/forex-trading-system/whats-a-good-forex-trading-system/comment-page-1#comment-2279</link>
		<dc:creator>Spock (rhp)</dc:creator>
		<pubDate>Sun, 02 Aug 2009 19:04:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.forextradingsystemblog.com/forex-trading-system/whats-a-good-forex-trading-system#comment-2279</guid>
		<description>experience
and a LOT of learning.

nothing else works.

***
get real here -- why would someone who actually has a working system sell it to you?  he or she could make a lot more money by just starting their system going and letting it run and run.

instead, they&#039;re going to sell the system to you -- and 10,000 other guys who don&#039;t want to work very hard.  and that&#039;s all they&#039;re going to get -- fees from 10,000 guys.

suppose they charge you 1,000 usd.  that&#039;s 10 million in revenue.  total.  and they&#039;ll have costs that must be paid.

with a working system, they could make 10 million within a year and have no costs to pay -- couldn&#039;t they?

btw, all 10,000 of those guys will be out there trying to use the same system to make money.  wanna bet that the fastest 100 of them will make all the money and the other 9,900 will lose money?&lt;br&gt;&lt;b&gt;References : &lt;/b&gt;&lt;br&gt;George Soros reportedly made a huge fortune trading forex and related things.  on the other hand, if you&#039;ve read his book, you&#039;ll realize that he&#039;s a LOT smarter than most people -- and he&#039;s inventive too boot.

since you and I are neither, we won&#039;t win like Soros did.</description>
		<content:encoded><![CDATA[<p>experience<br />
and a LOT of learning.</p>
<p>nothing else works.</p>
<p>***<br />
get real here &#8212; why would someone who actually has a working system sell it to you?  he or she could make a lot more money by just starting their system going and letting it run and run.</p>
<p>instead, they&#8217;re going to sell the system to you &#8212; and 10,000 other guys who don&#8217;t want to work very hard.  and that&#8217;s all they&#8217;re going to get &#8212; fees from 10,000 guys.</p>
<p>suppose they charge you 1,000 usd.  that&#8217;s 10 million in revenue.  total.  and they&#8217;ll have costs that must be paid.</p>
<p>with a working system, they could make 10 million within a year and have no costs to pay &#8212; couldn&#8217;t they?</p>
<p>btw, all 10,000 of those guys will be out there trying to use the same system to make money.  wanna bet that the fastest 100 of them will make all the money and the other 9,900 will lose money?<br /><b>References : </b><br />George Soros reportedly made a huge fortune trading forex and related things.  on the other hand, if you&#8217;ve read his book, you&#8217;ll realize that he&#8217;s a LOT smarter than most people &#8212; and he&#8217;s inventive too boot.</p>
<p>since you and I are neither, we won&#8217;t win like Soros did.</p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on Whats a good Forex trading system? by Joe</title>
		<link>http://www.forextradingsystemblog.com/forex-trading-system/whats-a-good-forex-trading-system/comment-page-1#comment-2278</link>
		<dc:creator>Joe</dc:creator>
		<pubDate>Sun, 02 Aug 2009 18:53:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.forextradingsystemblog.com/forex-trading-system/whats-a-good-forex-trading-system#comment-2278</guid>
		<description>I&#039;ve read a lot about Forex, but I&#039;ve never seen a proven profitable forex strategy, despite the claims of some scam web sites.  Playing Forex can appear alluring, but the majority  of people who try it lose money.  All you have to do is do a web search on the words &quot;Forex&quot; and &quot;lose&quot; to see this is the consensus.
 
Forex is what we call a &quot;zero sum&quot; game.  You are making a bet with someone else about whether a currency will rise or fall.  For every winner there has to be a loser.  If you are smarter than the average player, you may make money.  If you are dumber than the average player, you are likely to lose money.  Most of the people making the &quot;bets&quot; in Forex are highly trained professionals at banks and other institutions.  You are unlikely to beat them at this game.
 
Actually  Forex is not quite a zero sum game.  It&#039;s a slightly negative sum game as the Forex broker takes a small percentage each time in the spread.  It&#039;s a small amount but over a hundred trades, it ends up being a considerable amount of money.  So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.

There is a lot of luck in Forex, and if you play it, you will have some periods of time where you make money.  This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player.  However, most people are unwilling to admit their success is due to luck.  They become convinced they have a system that works, and lose a lot of money trying to refine it.
 
Further complicating the problem is the large number of Forex scams on the internet.  Most Forex websites are of questionable honesty.  You will find many people on the Internet that claim they made a lot of money using Forex.  They are usually liars trying to make money.  They will say:  &quot;Go to Forexcrap . com/q2347.&quot;  The &quot;q2347&quot;  is a signal to the Forexcrap site that you are being referred to them by &quot;q2347.&quot;  If they sell something to you,  &quot;q2347&quot;  gets a kickback.  These coded signals can be hidden by different methods in the link.  Other people will refer you to their own private website or blog for the purpose of trying to get money off you.  Also there are a good number of trolls out there that like to pretend they are successful forex traders just for the fun of it.
 
I would recommend not trying to do Forex at all, unless you are a trained professional.  It&#039;s like playing poker with people better than you, with the house constantly taking a small percentage from the pot.&lt;br&gt;&lt;b&gt;References : &lt;/b&gt;&lt;br&gt;http://www.smartmoney.com/investing/stocks/a-new-refuge-for-day-traders-7584/
http://www.cftc.gov/opa/enf98/opaforexa15.htm
http://en.wikipedia.org/wiki/Forex_scams</description>
		<content:encoded><![CDATA[<p>I&#8217;ve read a lot about Forex, but I&#8217;ve never seen a proven profitable forex strategy, despite the claims of some scam web sites.  Playing Forex can appear alluring, but the majority  of people who try it lose money.  All you have to do is do a web search on the words &quot;Forex&quot; and &quot;lose&quot; to see this is the consensus.</p>
<p>Forex is what we call a &quot;zero sum&quot; game.  You are making a bet with someone else about whether a currency will rise or fall.  For every winner there has to be a loser.  If you are smarter than the average player, you may make money.  If you are dumber than the average player, you are likely to lose money.  Most of the people making the &quot;bets&quot; in Forex are highly trained professionals at banks and other institutions.  You are unlikely to beat them at this game.</p>
<p>Actually  Forex is not quite a zero sum game.  It&#8217;s a slightly negative sum game as the Forex broker takes a small percentage each time in the spread.  It&#8217;s a small amount but over a hundred trades, it ends up being a considerable amount of money.  So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.</p>
<p>There is a lot of luck in Forex, and if you play it, you will have some periods of time where you make money.  This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player.  However, most people are unwilling to admit their success is due to luck.  They become convinced they have a system that works, and lose a lot of money trying to refine it.</p>
<p>Further complicating the problem is the large number of Forex scams on the internet.  Most Forex websites are of questionable honesty.  You will find many people on the Internet that claim they made a lot of money using Forex.  They are usually liars trying to make money.  They will say:  &quot;Go to Forexcrap . com/q2347.&quot;  The &quot;q2347&quot;  is a signal to the Forexcrap site that you are being referred to them by &quot;q2347.&quot;  If they sell something to you,  &quot;q2347&quot;  gets a kickback.  These coded signals can be hidden by different methods in the link.  Other people will refer you to their own private website or blog for the purpose of trying to get money off you.  Also there are a good number of trolls out there that like to pretend they are successful forex traders just for the fun of it.</p>
<p>I would recommend not trying to do Forex at all, unless you are a trained professional.  It&#8217;s like playing poker with people better than you, with the house constantly taking a small percentage from the pot.<br /><b>References : </b><br /><a href="http://www.smartmoney.com/investing/stocks/a-new-refuge-for-day-traders-7584/" rel="nofollow">http://www.smartmoney.com/investing/stocks/a-new-refuge-for-day-traders-7584/</a><br />
<a href="http://www.cftc.gov/opa/enf98/opaforexa15.htm" rel="nofollow">http://www.cftc.gov/opa/enf98/opaforexa15.htm</a><br />
<a href="http://en.wikipedia.org/wiki/Forex_scams" rel="nofollow">http://en.wikipedia.org/wiki/Forex_scams</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on Six Things To Consider When Choosing A Forex Broker by cesime</title>
		<link>http://www.forextradingsystemblog.com/forex-brokers/six-things-to-consider-when-choosing-a-forex-broker/comment-page-1#comment-2277</link>
		<dc:creator>cesime</dc:creator>
		<pubDate>Sun, 02 Aug 2009 11:41:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.forextradingsystemblog.com/forex-brokers/six-things-to-consider-when-choosing-a-forex-broker#comment-2277</guid>
		<description>&lt;b&gt;Whatever broker you ...&lt;/b&gt; &lt;br&gt; Whatever broker you chose, run a mile from FXDD, the champions of requotes, invalid prices, and extremelly poor customer services. A real bucket shop.</description>
		<content:encoded><![CDATA[<p><b>Whatever broker you &#8230;</b> <br /> Whatever broker you chose, run a mile from FXDD, the champions of requotes, invalid prices, and extremelly poor customer services. A real bucket shop.</p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on Cowabunga Forex Trading System &#8211; Update for 07/27/09 by clevelandchessguy</title>
		<link>http://www.forextradingsystemblog.com/forex-trading-systems/cowabunga-forex-trading-system-update-for-072709/comment-page-1#comment-2276</link>
		<dc:creator>clevelandchessguy</dc:creator>
		<pubDate>Sun, 02 Aug 2009 11:41:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.forextradingsystemblog.com/forex-trading-systems/cowabunga-forex-trading-system-update-for-072709#comment-2276</guid>
		<description>&lt;b&gt;Welcome back Pip ...&lt;/b&gt; &lt;br&gt; Welcome back Pip Surfer...I have been following your videos for quite some time and am glad you are back and ready to help us newbies out again!</description>
		<content:encoded><![CDATA[<p><b>Welcome back Pip &#8230;</b> <br /> Welcome back Pip Surfer&#8230;I have been following your videos for quite some time and am glad you are back and ready to help us newbies out again!</p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on InformedTrades Product Review of Prorealtime Charts by woodenfootspa</title>
		<link>http://www.forextradingsystemblog.com/forex-charting/informedtrades-product-review-of-prorealtime-charts/comment-page-1#comment-2275</link>
		<dc:creator>woodenfootspa</dc:creator>
		<pubDate>Sun, 02 Aug 2009 11:41:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.forextradingsystemblog.com/forex-charting/informedtrades-product-review-of-prorealtime-charts#comment-2275</guid>
		<description>&lt;b&gt;could you one time ...&lt;/b&gt; &lt;br&gt; could you one time do a video for Metatrader as well? Thanks</description>
		<content:encoded><![CDATA[<p><b>could you one time &#8230;</b> <br /> could you one time do a video for Metatrader as well? Thanks</p>
]]></content:encoded>
	</item>
	<item>
		<title>Comment on InformedTrades Product Review of Prorealtime Charts by InformedTrades</title>
		<link>http://www.forextradingsystemblog.com/forex-charting/informedtrades-product-review-of-prorealtime-charts/comment-page-1#comment-2274</link>
		<dc:creator>InformedTrades</dc:creator>
		<pubDate>Sun, 02 Aug 2009 11:41:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.forextradingsystemblog.com/forex-charting/informedtrades-product-review-of-prorealtime-charts#comment-2274</guid>
		<description>&lt;b&gt;Hi,  I will add ...&lt;/b&gt; &lt;br&gt; Hi,  I will add this to list however in the meantime if you visit The InformedTrades University there is a free video course on metatrader there.  Best Regards, Dave</description>
		<content:encoded><![CDATA[<p><b>Hi,  I will add &#8230;</b> <br /> Hi,  I will add this to list however in the meantime if you visit The InformedTrades University there is a free video course on metatrader there.  Best Regards, Dave</p>
]]></content:encoded>
	</item>
</channel>
</rss>
