I have to comment on this, because you make a compelling case. All the women in my life have what is endearingly referred to as "women's intuition". Well, I can tell you for certain there is more to that than meets the eye. I could swear some of ...

Need luck or skill for trading?

Absolutely. Otherwise we'd all be doing binary options

Need luck or skill for trading?

Oh heck yea, margin calls are my Achilles heel. I've bet the farm more times than I'd care to admit. Don't get me wrong, I too want to feel galvanized with strong and time tested skill. But I can assure you, if it hadn't been for Mother Luck, I'd ...

Need luck or skill for trading?

Excellent rebut. There could be a couple of rationals for claiming all skill and no luck. 1) though confounding due to failure from time to time, it may sooth the beast, 2) by claiming you use ONLY skill, it would appear you have the inside track, ...

Need luck or skill for trading?

No doubt this is an obvious entry setup given no breakouts. The waiting part is difficult for many as you point out. When often is the case, the absolute extreme hadn't yet been reached after first placement, I'll not be shy to instigate new and ...

Need luck or skill for trading?

So true, but that doesn't account for the 95% tycoon wannabes who become fodder for institutional scalpers.

Need luck or skill for trading?

We can learn anything if we want it bad enough. Learning to avoid losses with FOREX trading is like learning not to get burned by a flame or hot stove. You must get burned to understand the threat. The only sad part is these lessons hurt. But like ...

Earning Consistently In Forex

Let's think about this for a NY minute. Entering a trade/position, requires pressing a button, hopefully once due diligence has been observed. There is skill in structuring effective trading management and disciplined trading philosophies or habits. ...

Need luck or skill for trading?

When first starting out, you should demo to figure out how everything works. There's a long period of time experimenting with all the available EA's, scripts and indicators. Experience is needed with margin trading, spreads, platform features, lot ...

Is demo a step before real trading?