Present: Steve Cohen, Paul Tudor Jones, George Soros Best ever: Jesse Livermore

Who Is The Best Trader Living?

Discipline, Mental Skills and the Psychology of Trading — Great article (http://www.forexfactory.com/showthread.php?t=7491) Are you searching for answers to become a master trader? Or are you still trying to be a profitable trader? Trading is ...

TraderT - My Trading Journey

Time Tested Classic Trading Rules for the Modern Trader to Follow Posted By: Linda Bradford Raschke By Linda Bradford Raschke This is a list of classic trading rules that was given to me while on the trading floor in 1984. A senior trader collected ...

TraderT - My Trading Journey

Stocks are exchange-traded, whilst Spot Forex or Currencies are OTC. That is the biggest difference. Period. All of you have heard of NYSE (New York Stock Exchange) and Nasdaq. Have any of you heard of a Forex Exchange? For the average retailer, ...

Difference between stock and FX in terms of liquidity (Noob question)

Well said. Trade only when you have an edge, hence wait for the trade to come to you. "The big money is made by the sittin' and the waitin' -- not the thinking. Wait until all the factors are in your favor before making the trade." - Jesse Livermore

Patience in Forex - KEY THING

Experience is simply the name we give to our mistakes. ~ Oscar Wilde There is no such thing as failure. There are only results. ~ Tony Robbins There's always a way - if you're committed. ~ Tony Robbins

The Reason why 95% Traders fail

Without wanting to take a side or make an opinion, this serves as a reminder not to take things for granted in the markets, as there is no sure certainty. Good trading to everyone.

Forex Mentors - The Best Investment You Can Make?

Excellent book by Jason Janovsky. Read "Art of the Trade" too...

book: "trading rules that work"

Couldn't have said it better - "focus more on the trade and less on the money". Also, research a method and timeframe which suits you, use sound money management methods, master your own psychology, and trade small until you have a certain level of ...

How did you find success?

Hello usman88, welcome to FF. if you need higher leverage, go for non-US brokers. Browse around here for some ideas. P.S. recognize you from the ET crude thread, it's been a while since i hanged out there.

Broker recommendation

Try MF Global, ECN offering Currenex accounts. Local office in Singapore too. P.S. I have no affiliation to them, however drop me a note if you need a contact.

Asian Forex Brokers, Brokers with offices in Asia

Hi latropsudoxe, For a Currenex account, MF Global (formerly Man Financial) has an office in Singapore. For marketmakers - there are a number with an office presence in Singapore. If you need a contact for #1, drop me a note.

Any Reliable Broker in Malaysia/Singapore

I second this - learn from the school of hard knocks. But one doesn't necessarily get beaten up if they take small careful steps.

College courses for forex

pursuit_21 is quite correct - Master psychology, money mgt and price action. Also: Research a method and timeframe which suits you, and practise and more practise before putting in real money. Even if you put in real money, start small. Start with ...

Just finished forex education, what should be my next path?

FX-Petra, well said. It does seem like 5 years is a more realistic timeframe. LasVahGoose, thanks for the excellent link.

How long to be profitable?

Show this statistic to beginner traders, and they may think twice about pursuing trading. The average time people took to be profitable (based on this poll result), is 2 to 3 years average. And this poll might exclude people who gave up along the ...

How long to be profitable?

Not all are specifically Forex: 1. Believing that there is a holy grail (reading Market Wizards should dispel this. the secret is to find a method what works for yourself). 2. Not understanding that risk management and position sizing are the most ...

What was your biggest Forex mistake ?

Free seminars and webinars are particularly useful. What i found is that many paid seminars don't give you as much value for money, as the free or cheap ones. And if you start as a retail trader and try to learn from seasoned professionals from the ...

Forex courses.... hmmm are they worth it.

Can't comment if execution is easier in Demo, but there is one other big difference between Demo and Live - Psychology.

Difference between demo and real trading