I think I should also add that it's a good idea to see what your results are over the course of several months are before you calculate what can be realistic for you.

Realistic Monthly Trading Profit?

One more thing I think should be taken into consideration is mostly - and I stress on mostly - outside of traders' control, namely scams. They are a big reason why traders lose money. According to the Financial Fraud Action UK organization, a ...

reasons why traders lose

66% account increase per month is unsustainable indeed. It's more of a fluke that something that can be done every month on a regular basis. It's good when it happens, but not something traders should deliberately aim at, because it requires taking ...

Realistic Monthly Trading Profit?

You're living the dream then, because most traders struggle immensely to get where you are.

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

Come back and tell us how it went once you do, please? I'm curious.

Going all in on a trade

It didn't break above 0.8630 after all, but you're right, now is not the time for short positions. Today's news could push it above that level.

EUR/GBP - What a great pair to trade!

Do you guys think it will break above 0.8630?

EUR/GBP - What a great pair to trade!

True. However most traders out there lose money to scams, rather than profit from them.

Who makes real money from forex?

On one hand more often than not people do lose money because they lack knowledge, experience and/or they have a hard time dealing with their anxiety. On the other hand scams do exist and some of them are pretty egregious too. Take the HSBC chiefs, ...

Who makes real money from forex?

For me trading on a live and a demo accounts was pretty different, even though I wanted to do the same things. I simply froze up when I first started and I made mistakes out of fear and anxiety, and occasionally from greed too.

When and how do you know you are ready to invest real money?

Balancing family life and trading is so, so hard, unless your family really understands that when you trade you shouldn't be distracted because you can lose money in seconds.

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

This could be just a temporary retracement though.

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

Do you guys think it could fall below 1.2900? Frankly, I closed my short at 1.3010. That might have a premature decision.

Cable Update (GBPUSD)

Trading is more or less a business of opportunity. Sometimes there's more opportunity, sometimes there's less. Setting up monthly goals and more importantly, chasing them, can get you into hot water. Regarding my own trading, I am content to just ...

Realistic Monthly Trading Profit?

That is a good one, I hadn't seen it before.

Going all in on a trade

FXCM have decided to transfer its stock exchange listing from the New York Stock Exchange to the NASDAQ Globar Market. I wonder whether this decision is in any way related to recent events or it was made totally independently from them.

Breaking News: CFTC charges FXCM with undercapitalization

To put it simply, first of all one should learn the basics - the platform, the basic terms and what they mean, then the market itself. In order to be ready to trade you need to have a profitable, tested strategy. Opening a trade depends on whatever ...

Placing A TRADE

I agree, risking it all is just not worth it. If you lose it you won't be able to trade any more unless you find more funds to invest, if you find more funds to invest.

Going all in on a trade

I am debating whether it's too late to open a long position now, with target 1.3240.

Cable Update (GBPUSD)

"Successful investing is anticipating the anticipations of others." - John Maynard Keynes

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