Thanks for sharing that BTW. I see your perspective and this actually describes a friends situation very well. He is unemployed with no intention of finding work. As long as the Dole give him enough to cover his alcohol consumption then he is happy ...

Trading and Family Conflicts

Yes, I moved back in with my parents after my first business went bust. it was a hard time but I got back on my feet after a while. I pay rent and buy all my own stuff and I make a decent living off of Forex and my new business. Income varies month ...

Trading and Family Conflicts

Yes you can get rich quick. It is more luck than anythign else though. For example I knew a guy from Singapore who opened a $1000 account and turned it into $30K in just under a month. he would bet big with tight TP's and no SL. The second month ...

Can you get rich quickly from forex trading?

So it appears this is just part of being a Trader huh? Well that sucks. I have my own business that I also run during the week but my family don't like me doing that either. They say there is no security in it. I think they are just a bunch of ...

Trading and Family Conflicts

I play WOW, Football Manager and various other games on Steam. I also watch a lot of youtube videos and play the xbox. My trading room is also my gaming room so I am never bored.

How to pass the time while trading?

Very interesting stuff here. I ahve thought about becoming a money manager someday, is it fairly easy to do adn do I require a broker license to do it or can a legal contract be enough between me and the invested parties? I'll do my own DD on this ...

My Trading Epiphany

Things are going well so far using my new found knowledge. I've outperformed my target in fact since Silver and Gold have been so volatile. Up 17.5% this month which is great for me. I hope things can remain this good for me.

My Trading Epiphany

I'll submit a query with them. Was wondering if this sort of thing happens often though?

FXCM Spread Betting Rollover

Glad to see you know what I mean, it re-affirms my conclusions. It's so simple really once you break it down, less is definately more in trading. Just a small handful of tried and tested methods combined with a well thought out entry and exit plan. ...

My Trading Epiphany

That made me laugh, cheers

My Trading Epiphany

Went Long EUR/USD as I see the RSI is near the 30 range adn the MCD is signalling a possible rally upwards. Entry at 1.32065 with a 50 Pip SL and 100 Pip TP.

A Newbies First Attempt

Got stopped out of that trade. Account Equity: -66.1 Pips Went Short USD/JPY at 93.098 with a 25 Pip SL and 50 Pip TP. 2% risk as always.

A Newbies First Attempt

Went long USD/JPY at 93.504 with a SL of 50 pips and TP of 100 Pips earliertoday. So far so good. I'm looking at the trend and see a reversal coming in the next couple of weeks as a possible cup and handle playout may occur. This may be my last long ...

A Newbies First Attempt

Well first trade was a loss. Gonna take a break for today and re-examine things tomorrow. Pip Loss/Profit: - 16.1

A Newbies First Attempt

I want to be rich because life is hard. You go through emotional ups and downs throughout life which are unavoidable in many cases. With this in mind, I don't want financial worries on top of all this. Being rich is one less worry on your mind.

Why do you want to be Rich?

I think the OP may just not be cut out for Forex trading, which is fine. There are many other markets out there to try your hand at. I started off in commodities and found it to be pretty good for medium - long term trades which was great for ...

Forex = legal scam