In my opinion, setting monetary targets for day/week are a bit odd as you'll be restricting yourself when market goes in your favour, just keep trading! Just make sue that each trade exit (TP) is many times your risk (stop loss), and each loss is ...

It's been 3 years what have I learned?

Just goes to show how you cannot predict Forex, a silly statement

EURUSD

A bit of advice, don't use Demo Charts, they tend to be manipulated, all Demos can teach you is how to use the platform! I've not been trading full time for ten years but for about three years now, quite profitable.... I have loosing days, in fact ...

Why isn't everyone rich?

Thank you JoeNY I've found a few on You Tube

C.R.E.A.M- Naked FX/Futures Daytrading

None of the videos work, has Keyser removed them?

C.R.E.A.M- Naked FX/Futures Daytrading

Of course

Is Forex Trading A Scam?

Yep, also fear of missing out too I think we all have ways to cope with losses. Funnily enough I used to get a fear even when I was trading on Demo We're conditioned to not loose, because to loose means we've failed, to loose food we've just won ...

Is Forex Trading A Scam?

Yep agree You're right, the problem is our mind. The S&P is a great example, but holding for the long term is very very hard to do. Loosing is the biggest thing that traders find the hardest to cope with, loosing is like failure, it's something ...

Is Forex Trading A Scam?

I agree with all that lcast, but just remember we were newbies once! I started with trading Dax futures back in 1999

Is Forex Trading A Scam?

lcast Sorry but four months of results are far too small a sample, two to three years is more the thing!

Is Forex Trading A Scam?

That's very true tiborf71, but who on earth would take their time and do that? The only reason someone would is to sell you something at the end! And then you won't be able to trust their postings.... So please get real, that will never happen! ...

Is Forex Trading A Scam?

There is no real way to prove it Robinhood1, as accounts and trade explorers can be faked. Please just get over about tricks and honest brokers! Use a broker regulated in a country you trust (for me the UK) and don't concern yourself about tricks, ...

Is Forex Trading A Scam?

For me, it took around five years Trading really does play with your mind, you have to cope with winning five, then loosing six, then winning three, and so on, and on, and on, and on!

Is Forex Trading A Scam?

Whether the Forex market is rigged or not doesn't really matter, it is how it is, there's no alternative! This is becoming a rather useless conversation..... The only real scam in Forex is that it's perceived to be a "get rich quick" way to make ...

Is Forex Trading A Scam?

Spot on Asw A lot come into trading with stupidly high expectations, if you can earn 20% a year consistently you're doing very well! And that won't be a linear 20%, one month you'll be up, next two months you'll be down, then the following month ...

Is Forex Trading A Scam?

Whether Forex is a scam or not it doesn't matter, the market is what it is! It doesn't matter at all why it moved when it did, it doesn't matter a dot ...... All you should concern yourself with is that your broker is straight and you can access ...

Is Forex Trading A Scam?

Hi goose4 In my opinion you're right in part of what you say, markets are indeed a random walk, but with a caveat, they're a Random Walk with Levy Flight! And it's those Levy Flights that enable you to make profit. Also, in my opinion, you're ...

It's been 3 years what have I learned?