Nice quote, leaves you wanting "more". Yeah, it is one heck of a ride but it is NOT gambling, sorry to abuse that notion but you need to work at being a trade rather than toss a coin and choose "heads/tails"

Can you get rich quickly from forex trading?

Really? Sure, if you want to believe that, go ahead. After all, everyone has a right to their opinion so be as emotive as you need to be.. But you are right about one thing though, the contrary bit - exercising it right now by agreeing with you and ...

Need suggestion to improve skill

Well, I take out my measuring tape between what is a high and a low, select the mid point, see what my 8 cue ball says and make the entry/exit.. Seriously though, your post is slightly offensive to rookies and posting it in the rookie section does ...

Measuring the Markets – Ideas

Yeah, and one of the ways to get the emotions under control is to practice some meditation..you need not believe in the ideology but meditation works every time and as a bonus, it helps to control that stress.. Of course, it is not mandatory but if ...

Need suggestion to improve skill

What "H" said..most newbies, a big chunk, tend to view the market as an easy way to make a quick buck. Well, the market's anything but easy - you need to put in the grunt work, from months to years, before you can count yourself 'successful'. But to ...

Why are most of the traders here failures?

One: Get rid off the emotions, Two: Try to adopt a more disciplined approach, one built on strategy than just your impulse.. Three: Keep track of all trades, monitor your strategy and review the results Good luck!

Need suggestion to improve skill

2 years demo, whoa..that's a long time. But glad you are live now, so how does the experience (demo vs live) translate? Just curious to see if you were able to make the same returns or better..

Earning Consistently In Forex

I:2, yes that sounds good enough and most traders stick with the 1:2 or opt for something higher..but at the end of the day, your RR is dependent on your strategy, and a few additional factors.

Risk:Rewards & Some experience on trading

There's no such thing as a free lunch and the same, applies to free signals 'though this reply should not be taken to mean that "paid signals always deliver" which is not the case.

Does a Free Signal Provider Exist?

That's the perfect answer..though the trick lies in realizing when to close a trade..

What's the best way to close these winning trades?

Well, advanced mathematics can provide you an idea on how to mange trades and a few apps, do exist. But when it comes to it, you need to stay the course, track your trades and optimize for better ROI..

What's the best way to close these winning trades?

Current gain 42 pips, for today, at least, that's better than last week..

What was your net profit for last month?

That's actually good, and for what it's worth, if you were good as a student, you should definitely be able to make more now.. And on the market, approaching it from a gambling P.O.V is not a good idea, been there, done that.

Can you get rich quickly from forex trading?

It's going down, all right. But given the demand, it cannot remain that way for long..correlation to USD seems bit wonky

Only Gold!

The financier now that's a good book..all the way to Stoic. On forex being a game, guess that's one way to look at it. But bottom line, if you are not serious about your trading, or planning to sell soaps for a profit with no idea on how to increase ...

Can you get rich quickly from forex trading?

Agreed, Fx has one advantage over the B&M world of business that no one can deny - you can scale it according to how much you want to trade with.. And as to the "no one can make a living out of forex", well, if you want to believe that, sure, go ...

Can you get rich quickly from forex trading?

Exactly, if the trades per month is limited to 3, you will be investing more risk per trade and should one of the trades head south, your profit margin goes bye-bye

How often do u trade?

Yes, you can get rich by trading in currencies but it will take time, years of live trading and discipline. It is not going to happen overnight and you need to put in the grunt work to make the pips..

Can you get rich quickly from forex trading?

Yeah, FF has a lot of great info from beginner to more advanced levels..and yes, some of the info can be a bit overwhelming but feel free to list your queries on it. Once again, welcome to forex factory.. and good luck trading.

New to forum

April was ok but it was not as great as I had expected it to be but May is great so far..

What was your net profit for last month?