True. You only need for your profits to exceed your losses.

Are there really traders with 100% Success Rate???

I just closed my long that I opened at 105.70. I don't think I have the courage to open more now.

USD/JPY Discussion

The question is, when it comes to people who make money in months, can they keep making money? Can they be consistent? Because with Forex money comes, money goes and that happens to a lot of people.

Can you get rich quickly from forex trading?

I don't think that a trader can become completely emotionless, no matter what they do. That's just not human nature. But one can learn to keep one's emotions under control with a lot of practice and experience.

How to Become Emotionless

Guys, if you're trading the Turkish Lira, keep in mind that following the coup attempt in Turkey as of today all TRY pairs are set to “Close Only” on MetaTrader 4 and MetaTrader 5 platforms, while on cTrader all TRY crosses are be disabled. This ...

Experiences with FxPro

That really depends on your leverage, your lot size and your style of trading. That question really doesn't have only one answer, not to mention that in the end of the day whatever the size of one's account, if one can't profit consistently they ...

How Much Balance To Gain $2000 Monthly?

I think it will reach 1300 as well, especially if it breaks below 1326.

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

There is still a long way to go to 1.4000, I doubt it will happen that quickly.

Cable Update (GBPUSD)

I missed the opportunity to open long at the bottom. I wonder whether I should open now anyway or wait for a retracement.

Cable Update (GBPUSD)

Because risking 100% of your account increases your chance to lose everything immensely, while 10 pips a day is a lot more prudent approach.

I don't get how 10 pips a day can make you rich?

Indeed. The learning process alone takes months, sometimes even years. And then you also need to gain experience and learn emotional discipline.

Can you get rich quickly from forex trading?

Bitcoin is definitely spreading fast all over the world. After Brexit and the GBP crash many UK citizens surged to change their money into Bitcoin to protect their funds. Now Coinbase, aka the largest bitcoin exchange in the world, has formed a ...

Is bitcoin heading for a bubble at $30 a coin?

I agree. It sounds very frustrating because one has no control whatsoever, but it is how it is and we'd best learn to adapt.

What do you absolutely know about the Market?

I know that the market is driven by the big financial institutions and the rest of us smalltime traders shouldn't go against the flow.

What do you absolutely know about the Market?

EUR/USD tends to be very range bound in recent years, but keep in mind that right now it's also very unpredictable because of Brexit.

most range bound pairs??

I don't think we'll see any major spikes anywhere before the NFP on Friday.

Cable Update (GBPUSD)

By all means, please share, because more often than not I have very little idea what to do during news events.

Trading without stop-losses

My "Ahaaaa!" moments have generally been about certain trades when I noticed a good signal that allowed me to profit a lot, but I've never had them about all my trading in general.

The Ahaaaaa Moment

Considering that Brexit wiped $3 trillion off the market it's really shocking that we haven't heard of any bankruptcies so far. Shocking in the best sense of the word, that is.

BREXIT Leverage and Margin changes

In my opinion if you know that something like Brexit is coming it's best not to trade altogether.

Trading without stop-losses