I think indicators get a bad rap, because they are often not used correctly by newer trades. I think the whole PA vs indicators debate is hogwash. They are two different trading styles and both work. I grow tired of the criticism of indicators. My ...

Technical Trading Based on Fibonacci

Such anger in this thread. We've all had our frustrations in the market. The truth is not everyone has the mentality to be a trader. OP, if you want to consider FX a legal scam that is fine, but you do know insurance is also a legal scam too right? ...

Forex = legal scam

I trade for the reason everyone else does it. Money. It's that simple. Also, for freedom. Freedom of finance allows freedom of other things, namely time, but also as someone else mentioned, location. You can live anywhere you can get a wifi signal. ...

Why are you trading?

I thought I would throw my own 2 cents into this discussion. I think there is no easy answer to the question "how long does it take to be a successful trader" There are just too many variables. I like to think of learning like a relationship. It's ...

how long does it takes to become a successful trader?

Just out of curiosity OP, may I ask how you amassed such a fortune? Especially with which to use as risk capital? Obviously it wasn't from trading so I am just curious.

100 Million Trade Account

Personally, I listen to Hip or R&B music typically. It depends on my mood that day. More often though, I get on forums, watch TV, watch FX related videos or do some house chores between market action.

What kind of music you hear while you trade?

Maybe it's just me, but I don't understand why anyone still trusts and wants to work with this broker after they were exposed for their fraudulent practices and banned from the US.

FXCM Discussion

Just adding my 2 cents. Have you considered any multimarket brokers such as Interactive Brokers, TD Ameritrade, etc? I have use TDA and haven't had any issues with them. I think a lot of people forget about some of these brokers when looking to ...

Which US based forex broker to go with?

I am pretty new to the forums here, but I have researched and traded markets for a few years now. I was not profitable in trading until 5 years in and that was swing trading stocks. Now that I have started to trade FX full time, it is a whole ...

Forex Trading Performance