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Today I am guilty

Thanks for letting me know. Cost me $65 total to wire the money. $45 to the sending bank and the intermediary bank skimmed $20. CC would be much cheaper.

Credit Cards refusing transactions to FX brokers

There really is no one answer to this. Personally, for small account size I'm willing to take a bit more risk to get things going. 10% hard stop with actual loss being more around 5-7℅. As the account grows im not increasing the lot size so my risk ...

How Much Do You Risk Per Trade?

I always have a chuckle at these kinds of posts. My sense is the majority of traders that have made it are busy trading and out enjoying their pips. I can't imagine why I'd be on these forums encouraging people with stories of my success and giving ...

I trade my own account for a living. Tell your story

Will the real FX traders please stand up, I repeat will the real FX Traders please stand up...We're gonna have a problem here. video

Real Fx traders do not use stoploss

Up to this point I haven't received a reply from the regulator. I did deposit a small amount; it arrived the next morning and my trading account is live. I paid $45 to wire the money and someone still took $20 as it went through the system. Dukas ...

Credit Cards refusing transactions to FX brokers

The credit card company said that they won't authorize gambling transactions on their credit cards and that the transaction to dukascopy was flagged as gambling. I don't think they singled out dukascopy in particular but rather they deny all ...

Credit Cards refusing transactions to FX brokers

Personally I find 2% too low. I feel like @ 2% I may aswell be trading stocks with 2:1 margin. Additionally I'm not a fan of recalculating the X% each time I make a trade based on my current balance. In the case of loss on balance my lot size will ...

Isn't 2% per trade massively flawed?

Also short GA around the same level. Feel like I should have waited for a better price. But I'm in it now so We'll see.

EURUSD

Was thinking of shorting if price comes back to that resistance area marked on the chart. Thoughts ? image

EURUSD

I hope it works out for you man. Snatch some of those pips on my behalf please!

USD/CAD

I took a hit on this. I had a limit sell order just under resistance on the daily with a 130 pip stop loss. My order was triggered and I was stopped out in minutes. haha dam!

Cable Update (GBPUSD)

Some valuble lessons today. It really is worth it to sit on the side lines when there is big news. I trade off higher time frames because I prefer a slow grind. Today was 100s of pips in minutes. I don't like it all.

USD/CAD

Normally the price just bobs around starting now until Tokyo but its still thrashing.

USD/CAD

Market is wild today man holy smokes. if I had my time back I would have closed and stayed out until tomorrow. HAH!

USD/CAD

Know the feeling. I wanted to kick myself when it reversed and I watched all that profit vanish. I try to remind myself its a marathon not a sprint. The goal is to be up for the month not the day.

USD/CAD

Long live the Queen! I would appreciate if she bet in my direction next time though

USD/CAD