Asking 10% monthly with low risk and doesnt want to bother with forex anymore? I think there are a lot of ppl looking for the same thing. My suggestion would be dont give up after wasting so many years. But work harder on that time you waste for ...

(binned per thread starter’s request) Whats really needed to make

In order to have sucess ( what I mean by success is to make profit every month every year consistently) you have to have a positive expectancy in your trades. If you risk 1 and get out with 0.5 you can think it is at least not a looser and money in ...

Taking Profits too early?

Do you plan to ahow your performance based on this trading system? And would you be more clear about learning process and how one adapt himself to the system. How much time needed in order to follow this system ?

My forex Magic Wave

Hello there Samdani, Wouldn't it be more realistic if you send the "before" picture as u draw it and at that time than showing both before and after at the same time. Since you are not selling signal but more of teaching your system. And it would be ...

My forex Magic Wave

Being a successful athlete may make you better in forex. You try to beat your opponnet in chess where as being an athlete means to beat yourself in the game and it needs persistence and discipline.

Does being a Good Chess Player make you a better FX Trader

Dear Piquant, Unfortunately not many of us are trying hard enough to avoid such cases. Otherwise there wont be so many failure in forex market. In fact many of us been in such case if not few but once. Only selected few understands their strength ...

What was your "holy grail"?

Indeed we do. And those newbies funding their first live account with their life time saving or bank loan and experiencing huge drawdowns regularly, can check out job openings for preists. There is huge amounth of career options we can switch if ...

What was your "holy grail"?

Dear Ganative, Just like Anton Kreil as you mentioned, all of those who became remarkably successful on any field you can imagine have similar characteristics that separates them from the crowd. Thing that cannot be tought in school or university ...

What was your "holy grail"?

Ummm.. I would like to give a different example. You would be fined if you drive without seat belt. Yet it is your life your responsibility why they bothered so much with seat belt issue .

FX Trading in Europe under threat - act now

To me it seems like he is bored with 3 digit gains/loss so geared up. He is still taking notes of not to enter before and after NFP.

dude's journal

Prior to my son's delivery they put my wife into NST (Non Stress Test) , measuring the heart beat of the baby for 20 mins and recording on a paper. I was reading that like a chart and telling my wife everything seem to be good. Our doctor was ...

What was your "holy grail"?

As a wise guy he was just trying to protect newbies from people like you. But if there is still someone out there to believe you then needless to speak any more. You are free to pursue whatever you think right.

Target monthly 10%

PF If one wants to invest in him unfortunately you cannot stop them. As a matter of act there is also a clear example of that type here too. So just let it go. You can teach people who want to learn and open to development. Anyone chasing for short ...

Target monthly 10%

Hey there Fastpipn Here is what I see in your first trade. Over leveraging... poor execution.. then carried away with emotions for 41 minute .. possibly some praying or cursing along that time. And as soon as you breakeven you quit and promise to ...

$700 to $50,000 Journey

Welcome back deekaey 2.1% gain with 6 pips. I hope you are aware of the risk you are taking. As a fellow trader I feel responsible to warn you to cool down and while you are on the positive side stop and think about it. I really dont think you ...

That "AHA" Moment

Has anyone of you knows or met someone making millions of dollars from gambling or sports betting? Has any one of you met anyone making billions from lottery constantly? I think a lottery winner, pro gambler, pro soccer player or whaever you name it ...

Has anyone become wealthy from forex?

Hi there Gopixus, Just a reminder NZD/USD wasnt in your trading plan in your first post And 0.01 lot every 100 USD is way too much to risk. You can double the account or blow up the account within weeks if you use that leverage. So I dont think u ...

(binned per thread starter's request) Tiny account but serious ap

On a rookie talk forum suggesting not to use stop loss is not quite a wise thing to do. Yes stop loss is for rookies and it shall stay that way. Cos placing a correct stop loss needs experience. It eliminates the psychological side effects till they ...

Trading without stop-losses

Treasury Secretary Stevne Mnuchin said in Davos Wednesday that a weaker dollar was "good for us" as it relates to trade and opportunities. He went on to say that longer-term the dollar’s value would reflect economic fundamentals but the foreign ...

"Good for Currency" meaning?

Out of all disadvantages forex retail trading has, probably spread is the most innocent one. And if one thinks they will loose over the long run because of spread then better stay away from trading.

Why do most traders lose money in the market?