I don’t think that question can get a comprehensive answer without a statistics report from a proper survey. There are a lot of myths regarding how much people profit (and lose) from Forex, but actual facts relating to large groups of traders are ...

How many consistently profitable traders around?

If you’ve gotten to that point then you’ll probably improve further in the coming years. I’m still struggling to be consistent sometimes.

Here's the answer to "Can I make a living from forex"

You can trade any instrument as long as there’s enough volatility to satisfy the needs of your strategy and as long as you see a good signal to trade.

Which currency to trade during London trading hours

I just say I’m a Forex trader and there’s that. If they ask me what that is I explain.

What's the job title when working as a retail forex trader?

That is a great advice. I would also add to test a strategy over a long period of time. See whether it works in different circumstances, and if not whether you can fix it. Don’t be afraid to move onto new things if something doesn’t work.

Tips for an uninspired trader?

Figure out what type of trading you prefer – swing, intraday, long-term trading? Figure out what kind of instruments you like best to trade on. Look for strategies that fit those preferences.

Tips for an uninspired trader?

That has to be one of the most interesting and vivid descriptions of Forex trading that I have ever read. Great analogy, even if it’s a little macabre.

Trading is like a 200mph car race, little mistake allowed

After the announcement that Banc De Binary is closing up shop now CySEC is announcing that theyre giving up their Cyprus license and theyre going to be unregulated. According to the announcement the license for one of their main websites lapses as ...

Banc De Binary Is Shutting Down Its Business

The question is a thorn, finding an answer that applies to everyone is an even bigger thorn, unfortunately.

How to better control our emotions?

Mistakes do happen – they’re really part of the trading process and can’t be avoided 100%. The point is to make as few mistakes as possible, to learn from those mistakes so as not to repeat them and to have a trading plan that accounts for them.

Trading is like a 200mph car race, little mistake allowed

I generally avoid trading currencies that depend on unstable politics, like the RUB, the TRY, etc. Last summer I was even avoiding the GBP.

which currencies to avoid trading?

I don’t know whether one can come up with three different things every day, but in general I agree with the idea.

Secrets to improve your trading performance

I don’t know about that. The cause for anxiety and fear in traders is the market, but one can’t fix the market, they can only fix themselves.

How to better control our emotions?

Earning a living with forex alone is hard, don’t let anyone tell you otherwise. It takes years to get good enough to do that and many people often given up before they have developed their skills fully.

Is anyone here earning a living, just with forex trading?

It finally continued falling, I have short positions.

long USDCAD, to see how long it will last, for fun

USD/CAD doesn’t have a set direction right now, and I am not seeing signals that it will move up.

long USDCAD, to see how long it will last, for fun

Limzy makes a good point about the journal. Even if you didn’t keep one last time it’s a good idea to keep one now.

Back After 7 years for a fresh start in Forex trading

Hello and welcome back! Regarding your questions: -As far as the current market conditions are concerned you should probably read a more in-depth analysis that people can give you in a forum comment, especially if you’ve been absent from the market ...

Back After 7 years for a fresh start in Forex trading

You should keep in mind that there can be pretty major difference between the signals on the 4-hour and 15-minute time frames.

which time frames to use