Yes, babypips is a great place for beginner courses, totally agree. I have also come across others with impressive reviews/ratings. But I guess you really never know unless you take a look yourself. Some ratings can be deceiving, but overall ...

No One Should Ever Pay For A Beginner Course

I have the same problem. I have held a short position on EURUSD since mid February, earned a couple of hundred USD up to mid March. I did not cash out, I continued holding hoping for more. but then the Euro kicked back and now those earnings have ...

EURUSD

No, CFDs have taxes, but traders can use losses to offset profits, while in Spread betting there are no capital gain taxes here is more for key differences and similarities url

Forex Trading vs. Spread Betting

Honestly, I still do not see why the EUR should be of more value than the USD, but I think if it reaches parity, then the Euro Zone could as well go the Russia way--start buying their own currency to avoid further declines. So yes, price limit could ...

What would happen if EURUSD reaches 1.000?

Honestly, I think is juts about both. I chose to stay out of CHF late last year after that surprise on Gold Bullion ruling. But again, I could have easily gotten back at the start of the year, but somehow I didn't.

Avoiding slippage such as the EURCHF crash?

I would be delighted to meet someone who has the perfect solution for such a situation. Slippages always occur and if someone has a perfect answer on how to completely avoid them, then I would be happy to hear it. Fortunately I did not get hit by ...

Avoiding slippage such as the EURCHF crash?

I definitely like you attitude towards trading. It is the perfect cautious approach that everyone needs to have in order to succeed. However, as for sustainability, I honestly do not think that this would be enough to sustain anyone, unless am a ...

Living Off Fx

I trade on the daily chart, but I use the 30 mins, hourly, and 4 hourly charts to try to predict what would happen on the daily chart. Then I use the weekly and the monthly charts to check where the trend is heading.

What chart do you use? (M1, M5, M15) Does it make a difference?

It is an interesting question "when to go live". All I can say is that it is never too late and it is never too early too. It all depends on your experience and understanding of the market, so assuming you have been using a demo account, you success ...

When to go live

I just came across this interesting talk about Fibonacci numbers.There is truly a lot of stuff behind this numbers and I should assume the same for the Fib levels. Here is the link via Ted.com.. url

Fibo levels

The most influential news events in the Forex market come from the US, Euro Zone and UK. also a bit of Australia, New Zealand, Japan and China, but as for the rest, no much impact really.

News trading discussion - continuation

In the end it is never enough to rely on one trading strategy (like in this case the Martingale Strategy) because, at times it won't work and when it doesn't it could really end very badly. Additionally, if you were to post a series of losing ...

Did Martingale work for someone?

I do not have a fixed schedule, but assuming a day of several trading opportunities (that match my trading strategy) sometimes I trade as much as five times a day. Nonetheless, on average I think it's about 1-2 times a day, which is why I consider ...

How often do u trade?

I think for the martingale strategy to work effectively, the trader must have a decent win-rate (assuming same risk-same return on all trades). This means that no matter how many doubles you apply, if your win-rate is less then say 50%, you are ...

Did Martingale work for someone?

How would you rate Forex.Com's trading school? I just came across some ratings where the course has been reviewed and seems to have a below average rating. For instance, ForexCoursesReviewed.Com rates Forex.Com's Forex course at 4/10, this compares ...

Is There Any Thread Summarizing How To Trade Forex?

I think this point confirms one other reason why people lose money in Forex. No one for sure knows what will happen in the future, yet some tend to have a strong conviction as to what may happen. That is exactly what everyone who held long position ...

I've figured out why so many people lose money in Forex

I can't agree more. This is exactly what makes takes be aback when I see someone believing that a demo account can be an ideal way of practicing live trading. In my opinion, sue to issues like slippages in live trading, I think a demo account is ...

The Spread and Profit?

I have used this method to identify trading opportunities and I can confirm that it really works, only perhaps a small difference in terms. In my case I identify the buy/sell zones (when institutions are buying or selling) by tracking huge volume ...

I've figured out why so many people lose money in Forex