I did not give up anything. but forex gives me hope....that one day I'll be able to save myself from this financial desperation.

What did you give up to be a trader?

the EURUSD has been an ass for the better part part of this year....but USDJPY has been rolling also EURAUD...that shows why specialization is dangerous .

Top currencies that gives clear price action

Reuters and Bloomberg news terminals are usually 2 minutes ahead of conventional news sites like FF.Trading floor/hedge funds squak box usually get the news as much as 30 minutes ahead. by the time news reaches you its worthless,the big boys have ...

Role of Market Information in Trading

If you have 50% win,you will have 16 losers in a row at some point.This does not mean that your next trades will be winners in fact you can have another 10 losers in a row pretty easily.There is no known profitable martingale system in the long ...

Random Entry Win Ratio!

spreads dude...spreads! They turn this game into a negative sum game.Unless you find a way to catch the fat tails!

Random Entry Win Ratio!

url url fell in love with the tony rebel song after the lewis-tyson fight the song was on his intro together with marleys crazy bald heads.you could just look into lewis eyes and know Tyson is going down

What kind of music you hear while you trade?

wow! things went down rather fast...hope the retracement wont hit my SL ...i intend to hold for several days.

100+ Pips Sniper Specialists -> Lets Collectively Roll

we could assume of the 30% profitable each quarter,70% are unprofitable the next....it doesn't look good

The 95% of losers, it's true?

short USDJPY.SL 80 pips, target unlimited.Daily downtrend.I only chase momentum so I don't pay too much attention to S/R. Lets see whether Ill get Lucky.

100+ Pips Sniper Specialists -> Lets Collectively Roll

Its a cute statement...but the reality is different....fear is all powerful....after all the pioneers were the ones with arrows in their backs. 'sometimes cowards do survive"-starscream to megatron

Your thoughts on fear's trading impact

find a method thats compatible with you.You cant be successful using another mans system which involves a lot of discretion...I haven't seen anyone do that...,find your own flair.

My mentality - my problem

quit trading choros...the dance of death.

My mentality - my problem

some guys think its cute to say exits are all that matters.

Your exit is more important than your entry?

hahaha ....dude thanks, you've given me a good laugh.

How much do people make trading FOREX

dude you are over-leveraged....systems like this do have pretty large drawdowns.

Third Screen Strategy - Dr. Alexander Elder

definitely skill.The O.P TDion risked between 8-15%...I believe this is what did him in url ....just like soultrader with his grail system. url url Both these very intelligent and experienced traders lacked good MM....but unlike most newbs ...

Poll: Is successful trading more dependent on skill than luck?

I'm lost for words ....

JFonseca Trading Journal

I guess we cant stand profits making a hole in our pockets....this is definitely the hardest skill to master.

Taking Profits too early?

The question is....what if i have an edge to beat the spread,slippage& -ve swaps?

Can you get rich quickly from forex trading?

I started forex trading coz I thought it was the easiest way to make a profit.The average business takes 2 years to breakeven,the startup costs are enormous to set up a worthwhile business ans there are staff,rental,licenses costs to factor in. 95% ...

Why forex?