True. Even a good, profitable EA requires human supervision, because the EA cannot account for the human psyche that as we all know does have an effect on the market.

What helped you the most to be profitable?

I am so sorry about your friend. That is a truly horrible tragedy.

HELP A BRO!! I Just lost my school fees & house money trading

XM have decided to expand to South Africa and they have applied for a financial service provider license with the Financial Services Board (FSB) of the country, aka the appropriate regulating agency. Does anyone know what are their chances to ...

XM

True, there are strategies that make use of all time frames, even the 1-minute chart. I do trust the 4-hour and 1-day time frame signals the most, but that doesn't mean one shouldn't experiment with the others as well.

which time frames to use

Most people use those time frames, as they are the ones where the most reliable signals occur. Of course, there are plenty of exceptions.

which time frames to use

That is not always necesserily true, unfortunately. Some people study dilligently for years before becoming successful traders, if they become successful traders. For some people it's a pretty long road.

how long does it takes to become a successful trader?

It has been a while since the original post was made. Ronm7d, have you decided what to do?

Should I quit trading forex?

Things will probably start getting back to normal once the news settle in.

Trading Hillary Clinton or Donald Trump?

Right now it's just too risky to trade any USD-related pair. I think I'm going to wait out the next 48 hours without trading those.

AUD/USD

I am thinking about opening a short-term long on this pair. Do you think that the elections in the USA could affect it even if it's not related to the USD?

EUR/GBP - What a great pair to trade!

The Dutch financial services regulator AFM has published a warning that the company BMO Monex Securities could be a boiler room scam. Besides using a name similar to that of the Japanese forex broker Monex and claiming to have a corporate address in ...

Show me a scam broker

No one can manage your psyche but you. I am sure that there are people who can give good advice about how to do it, but ultimately the individual trader has to learn how to do that for themselves.

No One Should Ever Pay For A Beginner Course

While I agree that the monthly time frame signals are very reliable I also think that they take a long time to come true. One has to have very long-term positions and an incredible amount of patience to utilize that time frame well.

which time frames to use

True. As long as there are different currencies and people willing to trade them and make money off of it, there will be a Forex market.

Forex as a Future?

One should still keep in mind that it is not an easy path to take, nor will the profits come overnight. Forex trading requires a long, difficult learning process.

Can anyone become a trader?

I decided to open a long position on Gold, my take profit is at the high at 1307.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I completely agree. Big profits are a good thing, but consistency is what carries a trader through tough times. Not to mention that through consistency profits to get big eventually.

Forex as a Future?

I am still keeping my short position open but I am starting to think this might be a bad idea.

USD/JPY Discussion

Israel too has banned the trading of binary options and they are planning to ban the advertising of local binary options brokers to clients outside of Israel. In essence, the introduction of a ban on advertising abroad would mean that the ...

Netherlands to ban advertising of binary options and some CFDs

In my experience there is no Holy Grail. There is just hard work - to study, to learn, to practise, to accumulate experience.

Help! What is the actual holy grail in forex? I'm tired of losing