Here is the advice: Right click at mt4/mt5 Trade tab---> Profit ---> As points and stop aiming for profit goals that will cloud your judgement.

Realistic Monthly Trading Profit?

Specific profit goals is the only and only thing that will fuck your mentality up and burn your account as soon as possible. 3 Rules: 1. Capital preservation 2. Small gains 3. Big gains. It's 1 - 2 - 3 not 3 - 2 - 1.

Why 99% of traders lose money

Trade pairs with big interest rate differences like NZD/CHF GBP/NZD and so on. Go for a direction that generates positive swap this way you can treat your position as investment that generates dividends rather than speculation. Of course it is more ...

Part Time Trader

Learn trading psychology. Forex trading is like three leg chair made of Technical/Fundamental analysis and Psychology (Cliché) but it's true. Remove one leg and the chair will fall. Write how you feel before you enter the trade and when you win. I ...

Help needed for Forex newbie

I am against of thinking that forex account grows "stable 1% (example if not taking average throughout month)". It is more preserving capital and gaining it when opportunity arises. One day you can be -2% the other +47% (exaggerated example)

1% to 3% Per Day? All things are Possible

Thing that helped me get pass this is to trade only 0.01 lot and get used to emotions. Try analyzing sequence of emotions and events that lead to negative actions and just out of knowing that you shouldn't, stop doing stuff that you know you is bad. ...

I can't get rid of my bad trading habits...