Of course, it goes without saying that forex is not for some..and yes, it is always good for a trader to understand whether they want to continue trading or not..and they can always move on to other career options.

the most important things in forex

The point of a stop loss is to limit your loss by closing the trade just as the market moves in the opposite direction. You can opt for a stop loss or a trailing stop, but just make sure you use one.

Trading without stop-losses

Yup, one has to learn from one's mistakes in order to become a better trader..and that's the truth.

the most important things in forex

Exactly, it makes perfect sense to use SL and TP, but to just trade without SL is just plain nuts. Of course, a few experienced traders do opt to trade without SL but they have years of trading experience..

Trading without stop-losses

On the last point regarding unrealistic expectations, brokerarges and EA sales pitches are partly to blame for the er..rosy one liners they use to reel newbies in, from "make more than a grand in an hour" to "become a millionaire in less than a ...

Real Reasons why Retail Traders lose money

Suicide, come on.. Yes, the loss can be humilating, but so what..we have all been there and lost a lot more along with whatever little pride we had left..but losses are part of the parcel and you gain experience only by trading. My advice: Finish ...

I lost 7k dollars and I am in a massive pain

Thanks for that post, and on the sixth point "refusing to be wrong" is one that applies right across the board..

reasons why traders lose

And that's all the markets wrote..given how some of the er.."forex is a scam" threads that keep popping up all over FF of late..

100% profit

One, head over to baby pips and review the free resource material on the markets, and for another, develop a good trading strategy and use proper MM.. Start with a small account, that's it and good luck.

the most important things in forex

Just one quick question, kinda curious after seeing the same question posted elsewhere. The last time I read up on Indian currency traders was that all Indians are banned from trading on the market..so how did you get around this?

Which Currency Is Best for Trading - Suggestions?

LOL, think that the other suggestion on hanover to Hangover makes more sense..given the hours we all put in each day, mon to sat..

Is Forex reliable?

That begs the question, did hanover ever mention the nick name he wanted sans the typo..just curious

Is Forex reliable?

Going to second the last post but just one quick question, why not use a trailing stop..given your query..

How does Break-Even work?

Not to be pedantic, regulation is not worth the paper it is printed on, the brokers who do get caught with their pants down, get a smack, a small fine and its back to business as usual..

Is Forex reliable?

I'm still at a loss for words, from the er..misleading title to the content..and the grocery store analogy..smh. It would have been great if the poster did actually back up his title with results that reflect it, never mind..

100% profit

50% DD? Sorry but your losses are just..well, huge

100% profit

LOL, I know exactly what you mean, and the sales pitch is even getting more ridiculous by the minute..sheesh. Either way, would suggest only manual trading for newbies and EAs for more experienced traders should they want to chk it out..

Searching for profitable EA

I had to read the post a few times before it made sense..and on stops, it makes more sense to trade with one than without a stop.

Trade with no stop

LOL, got to agree with you on that and as for the er..handwork at the end, it made me laugh but it's spot on..

book: "trading rules that work"

For one, my comments are not meant to be personal, I do speak from experience..given how most ea's do fail after a short while and while I may not have checked out your script personally, the probability that it would fail after a short while is ...

Searching for profitable EA