Mark @piphut ?

active 4 hours, 59 minutes ago
Name

Mark
Country

USA
Do you trade live or demo?

Live
Trading Philosophy?

A mix but I lean toward technical
Favorite Pairs

EUR/USD, AUD/USD, GBP/USD, USD/CAD, USD/CHF, USD/JPY, Other
Average Trade Length?

1-7 days
About yourself

I started PipHut.com back in May of 2008 because there are so few quality forex sites out there. Most are just trying to sell you some horrible “get-rich-quick” product or are sponsored by a broker who makes money whether you win or lose..

It very quickly started a small following, continuing to grow and grow until now it gets over 10, 000 visits – every day. The majority of those visitors are silent observers (I call them the “silent majority”) but a few hundred traders are actively talking and sharing ideas on PipHut forums every day.

When I’m not trading I enjoy spending time with my family, playing basketball, exercising, reading and playing cards.

So put your feet up, read some articles and make yourself at home. Welcome to PipHut!
Favorite Quotes

“Markets can remain irrational longer than you can remain solvent.” – generally attributed to Keynes.

“Opportunity is missed by most people because it is dressed in overalls and looks like work” – Thomas A. Edison

“In forex, what goes up does not have to come back down, and what goes down does not have to come back up.” – Me!

“When you enter the markets, you are going into a competitive field in which your evaluations and opinions will be matched against some of the sharpest and toughest minds in the business. You are in a highly specialized industry.. under the intense study by men whose economic survival depends on their best judgement. You will certainly be exposed to advise, suggestions, and offers of help from all sides. Unless you are able to develop some market philosophy of your own, you will not be able to tell the good from the bad, the sound from the unsound.” – John Magee

“The art of technical analysis – for it is an art – is to identify trend changes at an early stage and to maintain an investment position until the weight of the evidence indicates the trend has reversed.” – Pring

LEGAL DISCLAIMER AND RISK WARNING

Foreign currency exchange trading is highly speculative and is suitable only for those who (a) understand and are willing to assume the risks involved, and (b) are financially able to assume significant economic losses. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Trading on margin can amplify both gains and losses in your account. Before deciding to trade foreign currencies, you should carefully consider your investment objectives, level of experience, and risk appetite. You should be aware of all the risks associated with foreign currency exchange trading and seek advice from an independent financial advisor if you have any doubts.

All contents or information displayed or contained on Piphut.com are based on a number of assumptions which may not be fully disclosed or explained. Hypothetical trading or performance has many inherent limitations, including the benefit of hindsight and the fact hypothetical trading or performance involves no economic risk. Variables such as the ability to adhere to a particular trading program despite trading losses and maintaining adequate liquidity are material considerations that can adversely affect actual trading results. No representation or warranty is being made or given that any account will or is likely to achieve profits or losses similar to those displayed on Piphut.com. There are frequently substantial differences between hypothetical performance and the actual performance subsequently achieved by a trading program. You must exercise independent judgment when making investment or trading decisions. Past performance is not indicative of future results. Please read the User Agreement and Risk Disclosure Statement for more information.