That's good to hear. I'm happy for you sharing your thoughts here keep posting, looking forward to read your experience and etc.. in fx. Hope to hear from you soon... :)
hi there
I agree with you. Yeah, it's money if you don't have passion and Lack of Discipline, Lack of Patience, No Money Management,Failure to Control Emotions and etc... That is the reason why most forex traders fail to make money in Forex Trading.. here are the top 10 how to be a successful...
I've found this fact while I was trying to look for answers about this question.
"No doubt, in the natural, what they are saying has some validity, that silver will outperform gold in the long run. And when the dollar finally collapses and becomes worthless, silver and gold values will find...
You're right jen. A wise player always need to have a "secret card" to win the game. Otherwise,if he'll lay it all at once then definitely he'll end up losing since he can't have a "detour" and shift his playing technique.
No more than a live account uses "true" money. When you open a live account, you have to spend your own initial capital to trade - which means that with every trade, you are risking your own capital! Whereas, in a demo account; no real money is at stake. The whole point of a demo account is...
Hi XspacecowboyX,
I'm glad that you have shared your "rambling thoughts" here :)..also very grateful to know that somebody has the time to contribute his *brilliant* ideas. Uhm, actually I am not a *full time* trader, I mean this isn't my priority as I have so many things to do, therefore I...
got some thought here; We are accustomed to thinking about the psychology of the individual trader, but the marketplace has its own psychology that makes a significant difference in its price behavior over the short-term. The best measures of market psychology are not polls of trader sentiment...
Most investors don’t start trading Forex because they’re bored or enjoy crunching mountains of numbers just for the fun of it. Most Forex traders start investing for one reason – to make money, lots of money.
It is vital that as you begin trading currency you keep your expectations reasonable...
Placing Stop Loss orders is an art form and there are considerations to be made. One is where to place it, perhaps at the level in which the trader first entered into the trade. Traders might prefer a trailing stop loss to protect a profitable trade. The trailing stop could be used as the trade...
It is human nature to look to others to determine the best course of action for ourselves. If we look outside and see people wearing shorts, we assume that the weather is warm and will switch to wearing shorts. If we see cars ahead start to change lanes, we will try to change lanes as well, in...
I see. I've been reading Trade Your Way to Financial Freedom by Van Tharp. It's a good read.
I've also started a demo account but I'm not used to trading just yet. I've encountered a lot of losses and a few gains ever since I've started.
By the way, I've seen a lot of trader's use their...
What's the next step in my Forex trading journey? I've signed up for demo accounts and I'm getting the hang of buying low and selling high but not quite get how to utilize technical analysis in determining a trend.
Hi, I've recently started trading in Forex and have been using stop loss as a risk management factor. I am hoping to learn more aspects of Forex in this forum.
Regards,
Cortney
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