seems legit

Why did you start trading?

i knew right from highschool(around 6 years ago) that trading is what i wanted to do. Discovered forex in 2007. Want to trade for a living because i HATE having an office job, where your pay only increases slightly/year (although i am paid very well ...

Why did you start trading?

when people have negative emotions about their losing trades, i think it's mainly because they don't know what they are doing, and by this I also mean they don't trust their trading system and don't know what to expect. I truly believe that if you ...

How do you survive after negative trades?

good luck , but don't put a numeric goal to your yearly returns. I think it is better this way

Annual Targets: ROI>15%, DD<10%, approx 0.5% risked per trade

in order to also do this, you have to know how a certain currency behaves. you cannot have a mechanical system and apply it to all equities. It will not work the same on all equities. You have to know how that particular equity beahaves, study it's ...

Question about trading plan

the thing is, trading is easy. but yet so immensely complicated. You can develop thousands of systems and they are all profitable when they are backtested. The only problem comes when you are trading them real-time...

Is trading that simple?

and everybody would be profitable

Is trading that simple?

exactly this

Financial Planning with Forex Income

first of all OP, I think your mindset is wrong, and you need to change that. There are no negative and positive trades, they are just trades and need to be viewed as such, whether they net a profit or not. Do not associate emotions with trades. You ...

How do you survive after negative trades?

thanks ! great work !

Free Expectancy Simulator-Excel 2010

it depends what analysis you are using: technical, fundamental, a mixture of both ? what timeframes ? 30min, 4hr, daily, weekly ? when you look in the past, every trading system made millions of pips, because everyone thinks they would have entered ...

Is trading that simple?

the problem with almost all beginner traders in the forex market, is they calculate all there would-be scenarios, like if I make 10% a month, I will be a millionaire in x years, or if I make y% per month I can retire in xyz months or whatever. THERE ...

In FOREX, is 10% return per month good enough?

ok, this is one weird thread

1 euro = 1 dollar = 1 cable

+1

What's the definition of Scalping?

is there any other way to open this besides open office ? i don't want to download open office just to open this sheet ....

Profit Calculator To Learn Proper Money Management

my opinion is that people use indicators, because it make them feel like a lot safer making a decision based on indicators than on price action without indicators. I think it gives them a sense like they know what they are doing. At first, when i ...

why is it every trading system has indicators

pretty much this. Stick to your plan. Why did you close your trade at +15pips ? Did it have a 15pips TP ? If not, you did not follow your rules. If you won't follow your system, you don't believe in your system. If you don't believe in your system, ...

Question about trading plan

myeah, your site doesn't look professional at all.

Forex Managed - Double your money in just 6 month with real history

in the end i think it all boils down to personal beliefs and views. let's say that you are a professional trader, when someone asks you what you do for a living, do you feel ashamed to say you are a trader ? If i were trading full-time, i'd say it ...

Is Trading FX A Noble Profession?

although i do agree on some level that this is also widely used as an excuse, let's also take into consideration the wrongful chosing of brokers, who are mainly bucketshops under nice curtains.

Book Review: The Forex Edge - by James Dicks