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mlawson71 replied Jan 3, 2016My most important new year resolution is that I should really stop listening to other people's opinions when I trade and I should be more confident in my own.
New Years Resolutions (trading)
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mlawson71 replied Jan 3, 2016Anywhere with a good Internet connected where one can have peace and quiet to focus and has easy access to basic necessities is a good place to trade.
Best place in the world to trade from?
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mlawson71 replied Dec 30, 2015Moving from a demo account onto a small live account - rather than investing a lot of money immediately in a live account - is actually a great idea. That way you get used to dealing with trading with real money but the sums aren't large enough to ...
Is demo a step before real trading?
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mlawson71 replied Dec 28, 2015ASIC warned about url being a fake branch of Union Standard International Group, which is a legitimate broker.
Show me a scam broker
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mlawson71 replied Dec 28, 2015I might open a new long if it breaks above 1.4930, but I'm not sure yet.
Cable Update (GBPUSD)
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mlawson71 replied Dec 28, 2015I actually opened a new long position at 1.3830, because I thought the pair would bounce off the support at 1.3820. So far so good, but I think I'll close them when it reaches 1.3880.
USD/CAD
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mlawson71 replied Dec 28, 2015For me trading has definitely been worth it. I have made some profits, learned new things, met new, interesting, different people. I admit I have had troubles along the way, but I just take these troubles as part of the learning process.
Is Forex trading worth it? If so, why?
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mlawson71 replied Dec 23, 2015I agree, it will probably reach that level but I doubt we'll see any major changes before the end of the holidays.
Cable Update (GBPUSD)
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mlawson71 replied Dec 23, 2015That is a great list, thank you! It will give me something to do during the holidays.
List of movies or videos related to trading
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mlawson71 replied Dec 21, 2015IIB International Broker are a scam - they're apparently a clone of the real IIB International Broker Ltd. who are authorized in the European Economic Area. The clone broker pretends to be associated with the original and the UK Financial Conduct ...
Black List of Brokers
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mlawson71 replied Dec 21, 2015This could turn out to be a double bottom. A continuation of the bearish trend will be confirmed only if it breaks below 1.4864. I still haven't closed my shorts but I'm waiting to see whether it there will be any signals for a move to the upside.
Cable Update (GBPUSD)
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mlawson71 replied Dec 20, 2015I think that going through a period of demo account trading is a must for every newbie trader. That way you learn the software itself, as well as the market without any unnecessary stress and pressure. It's not a good idea to start trading with real ...
Is demo a step before real trading?
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mlawson71 replied Dec 20, 2015I doubt it'd reach higher than 0.68000 before it starts falling again.
NZD/USD
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mlawson71 replied Dec 20, 2015I had longs with target 2.0850 and kept them open during the weekend.
GBP/AUD
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mlawson71 replied Dec 17, 2015It's still very bearish. I think it will reach 1.4800 so I opened new shorts.
Cable Update (GBPUSD)
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mlawson71 replied Dec 15, 2015Indeed. I am keeping my short positions open until it reaches 1.5000.
Cable Update (GBPUSD)
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mlawson71 replied Dec 15, 2015Are things going more successfully now at least?
How Many Accounts Did You Blow Before You Got It Right?
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mlawson71 replied Dec 12, 2015I agree. Fear and greed can force your hand have you act irrationally when you're trading with a live account even though you did very well on a demo account. I had that issue for a while but I think I'm getting over it.
All is lost to fear and greed