More news regarding FXCM's debt to Leucadia - FXCM has decided sell its DailyFX service to IG Group for $40 million in order to pay off part of its debt to Leucadia. The deal is expected to be closed by the end of October as it is subject to closing ...

Is FXCM really that bad? Trying to find a broker...

I don't know about Skrill, but I do remember being very unhappy with the fees that Paypal asked of me at one point. So I stopped using them.

Huge fees with Skrill bank transfers/withdrawals

I absolutely prefer candlesticks, I find them much easier to understand and analyze.

Bar chart vs Candle stick which one do you prefer?

Do you think it will continue falling towards 19.00 again?

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

True, self-awareness is only the first stop to changing and growing, and that applies pretty much to everything, not just to Forex trading.

What Would You Do Differently Today for Better Trading Results?

I agree. Scalping requires quick thinking and quick reactions. One can train themselves to be able to do it, but until that time they should be very careful.

i want only 1 pip everyday

Thank you. I think it's important to be self-aware about what one's trading weaknesses are. It's another matter when you're self-aware and you still make the samn mistakes. Which I do sometimes. Trade safe too.

What Would You Do Differently Today for Better Trading Results?

Everyone beware of a broker called Trade24. There have been multiple warnings about them from different regulators all over the world. The most recent one is from Ontario's provincial regulator the Ontario Securities Commission (OSC), but apart from ...

Black List of Brokers

True. That said, if one intends to scalp they'd have to scour a whole list of brokers until they find one with spreads that satisfy them, as well as trade only pairs that have small spreads to begin with, like EUR/USD.

i want only 1 pip everyday

I don't know about today yet, but yesterday I shouldn't have traded at all. I know I don't do well in choppy market, and yet I tried to trade anyway and the result is negative.

What Would You Do Differently Today for Better Trading Results?

The problem there is one has to know which support and resistance levels are the biggest cause for concern.

Trading without stop-losses

Some brokers do allow scalping though. It really depends on the broker.

i want only 1 pip everyday

That is a good advice. One should follow their own rules without breaking them all the time. Being disciplined and organized is the key.

What helped you the most to be profitable?

I didn't mention the family fund management because in my opinion that is something that is necessary regardless of a person's occupation. One may not be Forex trader but knowing to manage family funds is still an essential skill. Unfortunately that ...

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

What instruments are you trading on? Currency pairs? Indices?

Going all in on a trade

I agree, that is another thing newbie traders need to learn - just because you can trade, doesn't mean that you should at that given moment. One should always wait for a good trading opportunity.

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

There is nothing wrong with a 40 pip move. Sometimes I am content even with 20 pip ones.

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

Frankly, that would be enough for me even with one account.

i want only 1 pip everyday

One absolutely can, but that is not an unconditional situation. It depends on the account you begin with, on your level of experience, on how successful you are, and so and so forth.

Can you trade forex to earn money to buy an apartment?