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7Shun replied Mar 15, 2019Money flow trading method is a very good trading strategy. Having keenly followed the past posts on this thread, I believe the results are quite promising. Just to emphasize, a trader must never risk more than 5% and never trade more than 20% of ...
Money Flow Trading Method along with Risk Management
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7Shun replied Mar 14, 2019True, sometimes a trader must learn from experience and grow. You must reach a point where you can make informed decisions against the crowd if you have to, even if it means trading the news. Its important to know what led to certain actions rather ...
Pivot Trading
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7Shun replied Mar 12, 2019I do not like free things, but I disagree with the idea that only bad brokers give bonuses. Though most bad brokers use bonuses to entice newbies and try building spoilt CVs, some good brokers also use bonuses to market their businesses and beat ...
Do You Think Only Bad Brokers Give Out Bonuses?
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7Shun replied Mar 12, 2019The choice of your broker is very crucial, if you want to survive in the forex market. All you need to do to be a failure is to go for an unregulated broker with high transaction costs. That is the easiest way to lose money through forex. But if you ...
Best Broker?
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7Shun replied Mar 1, 2019Demos are a step towards real trading. You use virtual money and dont feel risk, which really encourages one to trade more. That is why new traders are encouraged to try demo accounts first before going live. It helps you understand the market and ...
Is demo a step before real trading?
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7Shun replied Feb 28, 2019The biggest problem of new traders is wrong midset. Many people start trading with the mentality of making millions overnight. When they realize that this isn't practical and that losses also occur, they either get overwhelmed with greed and make ...
90% of traders lose money! True or False?
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7Shun replied Feb 26, 2019It is a good thing that you acknowledge the problem. The problem comes in when you refuse to accept that you have a problem that needs to be addressed and continue in losses. You can take a short break off the trade to pull yourself together and get ...
8 Years Later - Still Not Winning
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7Shun replied Feb 25, 2019Very insightful. These tips can really help trader find base in the Forex and know how to go about making good investments. To add onto these, ensure you buy low and sell high as well as minimizing your risk. It pays a lot to have a plan and ...
Forex, Greed, and Risk
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7Shun replied Feb 24, 2019No strategy can be termed as being the best. It depends with an individual trader. All that matters is that you enjoy your life and your money while it lasts. Sitting in front of the computer the whole day looking for a strategy wont help. If buy ...
is there any profitable strategy?
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7Shun replied Feb 24, 2019Different people use different channels for success in Forex trading, but discipline remains key to every trader. There are traders who read a lot and have years of experience but they still don't thrive because they lack the discipline to stick to ...
What helped you the most?
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7Shun replied Feb 22, 2019I feel it is quite unwise to invest too much on a new account too, especially when you are still new to trading. All you need is patience, self discipline, winning strategies and an account balance that can sustain your trade. Not too much that ...
Do you really need that much to start?
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7Shun replied Feb 22, 2019I fully second this. It is never really important whether you are a full time trader or a part time trader for you to succeed in the Forex market. What matters is that you have the right strategy, experience, skills and analysis capabilities. Forex ...
Are you a full Time Trader Or Part Time?
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7Shun replied Feb 22, 2019You can make good use of your free afternoon hours to make some useful pips. In my opinion, it never matters whether you are a part timer in forex trading or a full timer. It is all about your skills, attitude and strategies that you have in place. ...
Part Time Trader
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7Shun replied Feb 22, 2019I personally believe that people learn from mistakes, and that a mistake is never a mistake unless repeated. That is why I agree with newbies who use this thread as a learning platform since after all, that's why it exists in the first place. Only ...
Complete Newbie to Forex
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7Shun replied Feb 22, 2019Bitcoin wallet is sometimes very attractive in funding trading account, especially if you want to avoid taxes. However, I would personally stick to real money since the way Bitcoin price keeps moving is quite scary. I fear losing my hard earned ...
Accounts for trading Bitcoin
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7Shun replied Feb 22, 2019Oh no! Sorry bro. That's really sad news. But my advise is, never give up on trading coz you never know where your profits lie. Once a trader, always a trader. You can lock your position and stay on the side for a while to gather yourself and sort ...
Daily Trading Ideas
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7Shun replied Feb 22, 2019Hello Leonjcxf, It is good that you've though of giving forex a try as a student. It is one of the best ways to jog your young mind and make some profit. I wish you success in your Forex journey. I hope it is going on well, and that you've picked up ...
Full-time student, Part time trader
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7Shun replied Feb 19, 2019Good points here to note. I just want to emphasize on two. Ensure you have a trading plan and stick to it. Practise trading discipline, as this will greatly help you in sticking to your trading plan for a successful venture in the Forex market. ...
the most important things in forex
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7Shun replied Feb 19, 2019Very true. Anything worth doing needs no short cut. It is best that you employ whatever it takes to maximize your potential benefits. Forex is not easy, and neither is it impossible. Rather than sitting down and expecting miraculous doubling of your ...
Is There Any Simplest Method To Success In Forex?
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7Shun replied Feb 18, 2019Great chart design tips. Chart styles and overall appearance is a neglected matter amongst traders but is very vital as it helps boost your trading morale. Color has a special way for playing with emotions so you should select a color combination ...
Best color combinations for charts