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Cableboy Cableboy is offline

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  • About Cableboy
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    Copenhagen, Denmark

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  • Join Date: 10-17-2008
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Posted 02-13-2009 at 11:08 AM Comments 0
Posted in Uncategorized
Five Traders and Five Risk Managers are traveling to go to a conference. Each Risk Manager goes to the machine to buy a ticket each,whilst the five Traders only buy 1 between the five of them.

Just before the ticket inspector arrives the five Traders lock
themselves in the bathroom...when the inspector sees the locked door heknocks and shouts "tickets please!"...at that point the Trader with the ticket slips it under the door. The inspector, satisfied that he has seen the...

Posted 02-12-2009 at 08:16 PM Comments 0
Posted in Uncategorized
Working as a market maker in TraderMetrics teaches you many lessons. Whether you are a forex trader or not. It teaches you to be patient for one thing and not to panic.

I am sitting through a session at the moment where at the moment I am up. I have been down and have even been over the limit one or two times. My strategy has been to trade my average rate down, when faced with a loss. It was clear, from the way I was accumulating pounds, that the market was selling off, but with the...

Posted 02-04-2009 at 10:11 AM Comments 0
Posted in Uncategorized
(This is a bit of fiction drawn from correspondance I have)

"Hi

I am writing this because I have been a FOOL! I got tied up in the forex market and within a short time, I have lost most of my savings.

I was really lucky (though I thought it was skill) in 2002. I managed to buy a condo with a cheap loan and when the price moved up, my mortgage broker asked me if I wanted to leverage my free value to buy another apartment to rent. In a short time I had 5...

Posted 01-31-2009 at 01:37 PM Comments 0
Posted in Uncategorized
One of the frustrating things about logging on to a TraderMetrics Network session, is aligning the IP address of the server.

This normally means that you have to open the tm.ini file, find the network settings area and change the IP address:

Network Settings
;----------------

;The following section defines the data for the Network Settings

[Network]

;The server name, IP and port number. If set, TraderMetrics will attempt to...

Posted 01-28-2009 at 08:07 PM Comments 0
Posted in Uncategorized
No, this is not my confession. It is a compendium of various conversations with forex brokers. Not the Interbank variety, but those who work in institutions that 'serve' the retail customers.

"I got into this business because I was told it was easy money. It is commission only, but there are so many rabbits out there, it is hard not to make money.

You see, my firm delivers what the punters want, namely a dream. A dream of quick profits by trading forex, foreign exchange....

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