You been at the meths again Deus, or smoking that wacky baccy? Here you go, pop into Domino's and have yourself some order flow, and a side order of garlic bread while you're at it! Strewth, the lunatics have finally taken over the asylum!

My Story, Need Advice

lol, I think I would too! The OP is getting bombarded with advice, he won't know which way is up pretty soon, demo, don't demo, trade pennies, find an edge, trade an EA......agghhhhhh!! The funny thing is 99% of this advice is coming from people who ...

My Story, Need Advice

Not necessarily, it depends on your approach and how you manage a trade, your risk, and your money. Isn't it better to maximize return and minimize risk, that's the ideal and it's perfectly achievable. Too many traders get stuck in the rut of the ...

New study shows only 1% of traders are consistently successful

"your potential loss isn't the positive", right, so we've reached agreement, potential loss (risk) isn't positive. No, but actually getting hit by a car (the risk) would be. The reward, getting to the other side of the road, is the only positive. We ...

New study shows only 1% of traders are consistently successful

Sorry, I'm still not getting it. Risk, by definition, is a negative thing. Ok, taking a risk in order to potentially reap a reward is perhaps a more positive way to think of risk but it's still risk. I agree with the second part though, a trader is ...

New study shows only 1% of traders are consistently successful

They reflect both don't they?

New study shows only 1% of traders are consistently successful

Hey Scoobs, looks like your MyFXBook has been deleted.... image

borrow money from credit card to trade? without hurting your trading emotion?

I'm not sure I follow exactly what you're saying regards risk being both positive and negative, how can you have positive risk? Sorry, am I being dense? I'm all for unconventional thinking so I'm interested to know what you're saying, it's not ...

New study shows only 1% of traders are consistently successful

lol, too funny -

borrow money from credit card to trade? without hurting your trading emotion?

I wish I was! Truth be known there's rarely a day goes by that I don't wonder if the market will catch on to all my smoke and mirrors! But, so far - so good..... If you can handle it psychologically then great (mind you that CC money isn't ...

borrow money from credit card to trade? without hurting your trading emotion?

Just a few great quotes, in my opinion! (I've probably missed loads of others, I couldn't quote the whole thread though, lol ) lol, a bargain at twice the price, my wheelbarrow is in the post! -

New study shows only 1% of traders are consistently successful

Hey Leon, enjoying the bank holiday? Yeah strange isn't it, maybe trading brings out the worst in people!

borrow money from credit card to trade? without hurting your trading emotion?

I think the first thing you need to look at is how much the money is going to cost you, including interest, transaction fees, and compounded interest. If you're using your card for cash advances don't forget there's a fee and that interest is ...

borrow money from credit card to trade? without hurting your trading emotion?

Right, and that's what fast-easy-credit companies exploit, not everyone is like you and only buys wisely and only what they can afford. Just as you pointed out they buy (any old rubbish sometimes, well hey it's on credit, right) on credit and spend ...

borrow money from credit card to trade? without hurting your trading emotion?

lol Well there you go then, would you buy that model if the demonstrator performed like that?

Ive just been disabled in my Demo trading(account disabled)

Ha, and I look at it totally the opposite, I think it's smarter to make money using someone elses's money! Unless I misunderstood and you're saying you're less careful with non hard-earned cash, ie easy come - easy go? You could well be right about ...

borrow money from credit card to trade? without hurting your trading emotion?

I guess that depends on how people treat trading, either as gambling or as business. If it's business then they'll have a well thought out business plan and cashflow forecast before they even consider financing. There's nothing wrong with borrowing ...

borrow money from credit card to trade? without hurting your trading emotion?

But isn't consumer debt (ie car loans, store credit, credit cards) different to structured business financing?

borrow money from credit card to trade? without hurting your trading emotion?

You call returns of 10% per month 'slow'!

Don't just make money...KEEP IT!

More fool them! Anyway, I thought those guys were all under threat of being locked up.....

borrow money from credit card to trade? without hurting your trading emotion?