I like some of this advice, but I don't think we should speak in such absolutes. While Forex trading requires a lot of discipline, it also requires being able to adapt to a rapidly changing situation.

10 Rules for Traders

...That was the most concise description of the general trading approach most people seem to have. Including myself.

Trader pains and issues

True. And yet sometimes it seems one of the most elusive, to me at least. It took me a long time to learn to do that and I still am not very good.

The best Pairs to Trade?

The exact statement is "The above decision was reached as the aforementioned alleged violations may possibly endanger the Company’s clients’ interests and generally the smooth operation of the capital market". They're likely being purposefully this ...

Best Choice Limited License Suspended!

Most platforms that I have seen only offer one or the other, never both orientations at the same time, so traders don't usually have the choice to pick one of them.

The best Pairs to Trade?

I usually risk about 1% of my account. If I am very very confident about the signal I am seeing I increase that to 2%, but never more.

How Much Do You Risk Per Trade?

If a system allows for deviations technically they wouldn't be deviations as they're part of the system, aren't they?

What Would You Do Differently Today for Better Trading Results?

I have a long position for now. I don't think it will stop rising before it reaches 0.7780.

AUD/USD

It has also lacked clear direction for a long time now. Of course, learning how to trade range is a basic thing all rookies need to acquire.

The best Pairs to Trade?

I agree. Thinking about Forex during the weekend is emotionally exhausting for me. I use the weekends to take a break and clear my mind, so I can look at the charts with fresh eyes on Monday.

Trader pains and issues

I still haven't learned how to trade high-impact events. To be honest, I doubt I will learn how to do that anytime soon.

What you still haven't learned

Guys, if you're trading CFDs, keep in mind that last week XM changed their margin requirements formula. As of August 1, the margin requirement for CFDs will be calculated based on margin percentages rather than on a fixed margin. Here are the ...

XM

It's more like letting go of the wheel while driving a car. Either way, it's good to have set a stop loss just in case.

Real Fx traders do not use stoploss

Check a Forex session clock that shows when the different sessions (the European one, the American one, the Asian one, etc.) open and close and base your trading on those times. Usually during the European session the most active pairs are the ...

The best Pairs to Trade?

The NFP is a fundamental high impact event. Technical indicators don't take fundamentals into consideration, they're purely based on math, not on human reaction and as such they are useless during such events.

Confusion over upcoming NFP data and technical indicators

I am long too, my target is 0.7240.

NZD/USD

The signals on the longer time frames tend to be more reliable too.

which time frames to use

Start studying fundamental analysis. It's really not something that can be explained in a few words. Also, Forex Factory's Forex calendar actually provides explanations regarding the effect news would have. You need to click on the little folder ...

Exit during news?

I am sorry that you got scammed. Always do research for the brokers you use by yourself, regardless of who or why they recommended them to you. The Canadian regulator BCSC issued a warning about them trading without any regulation back in March. ...

CToption Scam Binary Broker

If only that were possible. In all seriousness though, the best thing that could help me is learning self-discipline.

How to Become Emotionless