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mlawson71 replied Jun 29, 2016Considering the purported 95% failure rate of newbie traders I'd say there's not a lot of people who can do that, unfortunately.
Can you get rich quickly from forex trading?
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mlawson71 replied Jun 29, 2016I've had similar experiences. The truth is, as a trader you can only rely on yourself to educate yourself, rather than other people to teach you.
95% failure rate?
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mlawson71 replied Jun 28, 2016Hahaha, that's one way I suppose. Generally speaking one looks for a more favourable outcome though.
How to detect the end of a trend?
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mlawson71 replied Jun 28, 2016There's no issue, I was just curious. I am glad everything turned out fine.
Trading without stop-losses
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mlawson71 replied Jun 27, 2016Question - did anyone here trade without a stop loss during Brexit? If you traded at all during Brexit and during the aftermath, that is.
Trading without stop-losses
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mlawson71 replied Jun 27, 2016I highly doubt that EU will disintegrate in the next 12 months. Too many people with a lot of power profit too much from the EU being as it is to allow that to happen that easily. As for the FCA, they made a statement that nothing will change for ...
BREXIT: What happens now to EU residents trading via FCA brokers?
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mlawson71 replied Jun 27, 2016I didn't gain anything, because I didn't trade. The good news is that I didn't lose anything either.
How much u guys earned during the UK Referendum?
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mlawson71 replied Jun 24, 2016I think we will likely see some sideways consolidation soon.
EUR/GBP - What a great pair to trade!
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mlawson71 replied Jun 24, 2016I am considering whether or not I should open a short position. It's bound to continue retracing after such a big jump.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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mlawson71 replied Jun 21, 2016More patience and more knowledge. The latter depends on my own effort, and I suppose the former does as well, but that is so much harder to learn.
Trader pains and issues
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mlawson71 replied Jun 20, 2016No, of course not. I do think one should consider stopping if possible, perhaps at least for a while, if trading makes them miserable on a long-term basis. It's not so much about finding something fun to do but to avoid permanent stress. I think ...
I hate Forex
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mlawson71 replied Jun 20, 2016Ah, I see. I have a strategy that uses candlestick analysis that I trust for the most part and I feel comfortable using that. I prefer to trade by myself, making my own decisions, no PAMM or e-signals for me. That way I know I am responsible for ...
Trader pains and issues
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mlawson71 replied Jun 18, 2016I've been wondering the same, to be honest. And what would be the general ripple effect among the pairs that aren't related to EUR and GBP.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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mlawson71 replied Jun 18, 2016If you hate it why are you trading? Wouldn't it be better to find something to do that you love and that makes you happy?
I hate Forex
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mlawson71 replied Jun 17, 2016Thank you for the link to the article, I'll make sure to read it all in detail.
Commonly Asked Questions
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mlawson71 replied Jun 17, 2016What time frame you use really depends on your strategy. If you are scalping you can even use the one-minute time frame. That said, the most reliable long-term signals usually come from the four-hour and daily time frames.
which time frames to use
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mlawson71 replied Jun 16, 2016That is a bit of an exaggeration if you ask me, although I do agree that using stop loss is preferable.
Trading without stop-losses
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mlawson71 replied Jun 16, 2016Are there even such brokers right now? Most brokers out there are hiking up their margin requirements before the UK referendum because they are all afraid of a big market crash and consequences like after the CHF fiasco some time ago which ...
Dukascopy's Brexit
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mlawson71 replied Jun 16, 2016Which is why it's a good idea to look for a broker that doesn't lie/conceal things about this stuff. Most legitimate brokers - as least the ones with set spreads, etc. - have this information listed on their website so you can check it before you ...
Who makes real money from forex?
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mlawson71 replied Jun 15, 2016You really need a set strategy to be able to answer those questions in detail.
is it in the chart?