If the trader does not have a plan, he is going to wipe out his account..that's the only certainty about this market..

Is Forex reliable?

You're welcome, glad to have been of help. Of course Blmbrg is not free but frankly, if you need the latest news and info right away, it is worth it..

Which news events move the market

Well the thread took a screeching turn and then, we are back to square one..smh

Which Scenario do you expect for the cable on the weekly chart?

YOu can try bloomberg, frankly they get the feeds out real early but yes, they are expensive..

Which news events move the market

I suppose that's one way to look at it..wonder if this is the key question running through every millionaire's mind?

Is it possible to become a billionaire trading Forex?

Not to be pedantic but trust, frankly, is overrated..and most brokers post the same one liner as part of their sales pitch.. Got to admit, the thread just got interesting..irrespective of whether any "hail mary" is required to decipher the code to ...

There is no Holy Grail

Yes, no, maybe..the point is that you get to hit the big bucks, provided you develop the skill set required.. And when it comes to the currency market, the curve's steep and the market's evolving, so any particular strategy applicable today need not ...

Is it possible to become a billionaire trading Forex?

What?? It is the same..come on, even newbies know enough not to ask these sort of questions. As others have suggested, please check out babypips.

Which brokers pay the best pip-to-dollar ratio?

Exactly, that's about it, in a nutshell. Thanks for the post, er..found parts of the post entertaining, thanks.

There is no Holy Grail

Yes, there's no holy grail - that's a given. But on accounts with small balance, sorry, cannot agree with you on that one. Some of the professional traders started with the micro account and moved on to the big league later on. Of course starting ...

There is no Holy Grail

Of course the margin required comes down with increased leverage..and there's the inherent risk with bad mm, and just remember, more leverage, greater the impact on your account - both ways.

leverage and margin

If you're new, you need to stick with any leverage less than 100. However, if you are an experienced trader, you can go as high as you prefer. Personally, both tradersway and FXCM offer me high end leverage - that doesn't mean that I need to go all ...

leverage and margin

As others suggested, trading the best set up is the only option on the board and frankly, when it comes to currency correlation between pairs, there's just no straight answer..

Has trading correlated pairs damaged my trading?

In case you are still not sure, you can use margin calculator, pip value calculator to work out the P/L ..

Pip Value & Leverage

Nice thread and will check it out but "holy grail"?? Wouldn't count on it..

Project C (Collective System)

It depends on the market trends and as for more info on buy, sell check out some of the free online resources including babypips school of pipsology and FF threads.

Buying vs selling prices

Some brokers offer margin calculator, others do not. So you can use it to keep track of margin for your positions easily..

leverage and margin

It is not easy to change leverage mid way, but check with your broker - and remember to check out their trading conditions, spread before opting for the micro account. Anything more than two or three pip spread for major pairs, walk away from the ...

leverage and margin

You are essentially locking in the profits, as others have suggested, use trailing SL..

What does locking in profits mean? how do you do it?

Thanks for the update, will look forward to it..

Any Rookies need some help