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mlawson71 replied Apr 11, 2017That was my point, I don't think the anxiety caused by driving a car and the anxiety caused by trading forex can be compared. They're very different. If you're driving a car, you might be feeling anxious that you'll be late or you'll get in an ...
How to better control our emotions?
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mlawson71 replied Apr 10, 2017I agree. Forex trading is a marathon, not a sprint. Trying to make a large profit quickly regardless of the risk only leads to losses.
Trading is hard, but I like it
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mlawson71 replied Apr 10, 2017I think most people here are wondering how to do that, to be honest, rather than whether they should do that.
Rules of Successful trader
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mlawson71 replied Apr 9, 2017I think it can happen, but for a lot of people it happens after such a long period of losing money by using bad strategies that it's almost not worth it any more.
How long should it take before I hit the jackpot
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mlawson71 replied Apr 9, 2017That is why I have never been willing to pay for strategies, indicators and the like. If it's so successful why are they selling it? Can't they make more money off it by trading with it?
Rules of Successful trader
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mlawson71 replied Apr 8, 2017Wait, why after news coming out? There's a lot of volatility then, I am not sure how good of an idea that is.
Forex trading - best time
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mlawson71 replied Apr 8, 2017It’s interesting that CySEC of all regulators wants to ban binary options, because CySEC doesn’t have a reputation of a very strict regulator, unlike the FCA, which recently decided that not only won’t they ban binary options, but they’ll bring them ...
CySEC bans trading bonuses, sets max default leverage to 1:50
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mlawson71 replied Apr 8, 2017I think this is something very subjective. I could never find profiting boring, even if I were to get used to it. I'd always be very pleased, which would preclude me from feeling bored.
Trading is Extremly hard!
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mlawson71 replied Apr 7, 2017I don't know whether one can compare trading forex - and the anxieties related to it - to driving a car. When one is driving a car they're not anxious they'll lose the money they've invested in the car rather than profit from it. Or at least it's ...
How to better control our emotions?
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mlawson71 replied Apr 7, 2017I don't think that making money can ever be boring. Profiting is never boring to me.
Trading is Extremly hard!
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mlawson71 replied Apr 5, 2017I have tried multiple platforms and I still find the first one I tried - MT4 - to be most suitable one for me. I find it very intuitive to use.
where do i begin?
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mlawson71 replied Apr 5, 2017That is actually pretty great advice, I had never seen it formulated this way before.
Rules of Successful trader
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mlawson71 replied Apr 4, 2017The moment the market opens with a gap one realizes that they definitely do, especially when that gap is large.
Does markets closing/opening affect our trades?
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mlawson71 replied Apr 4, 2017People often don't give them and their effect enough credit. Losing money and then getting scared you'll lose money leads to losing more money. It's a terrible vicious circle.
Emotions (money management)
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mlawson71 replied Apr 3, 2017That has been my impression as well. That said, some people prefer a quieter market when they trade. To each their own.
Forex trading - best time
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mlawson71 replied Apr 3, 2017The simplest answer here is that people are right. Brokers are often dishonest with their clients. Not all of them, but enough of them to make general bad impression on the trading community. The European Securities and Markets Authority (ESMA) ...
Why do people say brokers steal from traders no matter what?
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mlawson71 replied Apr 3, 2017I think that every individual has their best pairs to trade and they apply to them alone. Obviously, there are a lot of overlapping reasons between many people and sharing those reasons helps others decide what their best pairs are for themselves.
The best Pairs to Trade?
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mlawson71 replied Apr 1, 2017If you're trading USD/JPY wouldn't the Tokyo session also be suitable?
Forex trading - best time
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mlawson71 replied Apr 1, 2017Ah, I see what you meant now, thank you for the clarification.
The best Pairs to Trade?
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mlawson71 replied Mar 31, 2017Forex trading is difficult even for experienced traders, what's left for newbies, if you ask me. Also, I am not sure whether a newbie can make a trading strategy, since they still lack sufficient knowledge in order to do so, but there are plenty of ...
New To Forex and Need Advice!