True. And sadly those people end up losing money, I've personally seen it happen.

New to Trading and Forex

I do use stop loss. It took me a while to figure out how to use it relatively well, but it's better with it than without it.

Do you use stoploss?

Indeed. I don't think many traders can achieve that though.

Greed and how many pips is enough?

In the vast majority of cases, indeed. Sometimes good luck can spare you from the worst consequences of bad decisions, but that's not something one should rely on.

Trading Rituals and Superstitions

True. If one is just playing around on demo, they are wasting their time and setting themselves up for a disaster when they move to a live account.

Demo vs Live Account

Kate Winslet will produce and star in a new movie about OneCoin – the notorious Ponzi style crypto scam that defrauded investors of some 5,15 billion USD. ‘Fake!’ will be produced for Metro-Goldwyn-Mayer and will be directed by Scott Z. Burns, who ...

The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero

One cannot stress that enough. Between learning how to pick the right - i.e. reliable - broker and actually learning how to trade, it's an uphill battle.

I'm a new trader =D

Discipline, knowledge, because they're gullible enough to believe the promises of scammers, the reasons are many.

Why do Newbies Lose?

That is a good approach too, unless one lives in the US and has no access to that.

Trading without stop loss

We encounter the purely technical aspects of trading though. One does need to learn the theory, and when not distracted by fear or greed they learn better.

Need Risk money management advice - I have 85-80% winning Rate!

I don't like keeping trades overnight either. I need to sleep and I don't like being unable to watch how my trades develop.

Do you use stoploss?

And that is why so many people lose money.

Gambling VS Trading

That, I think, should be every trader's approach. I wish you success!

How to Become Emotionless

Traders should use stop loss properly. Otherwise they'd still probably lose their account.

Do you use stoploss?

I agree. How does one differentiate between investing and overinvesting?

Post your mistake here - warn others

I just hope the passion never fades, as it happens for a lot of traders sadly.

Making a living trading forex

True. Frankly, otherwise there is really no point in trading on demo.

I'm a new trader =D

True. The vast majority of retail traders trade with leverage.

why forex is so risky?