Is it some elaborate plot to move markets with 2-3 year old news? Incredible indeed!

Fraud in Forex

All real experiences bring fresh emotions. You can say that driver training on a parking lot is not the same as open road driving, doctors performing surgery on a cadaver is not the same as operating a real patient, flying on flight simulator is not ...

Is Forex trading worth it? If so, why?

True. People rush to make money since it seems so easy. The feeling is perpetuated by occasional wins. Demo might be also a difficult concept to grasp for many, since only few professions have demo mode. It is forced by regulations where safety of ...

Is Forex trading worth it? If so, why?

Is entrepreneurship worth it and will make you rich as it happened for Gates, sugar boy Zuckerberg, etc? More businesses go under and end up in losses than succeed. Even in the investment world, top managers like Buffet are surrounded by hundreds of ...

Is Forex trading worth it? If so, why?

I sense that "discretionary" would be the same as "mechanical", just with a few more parameters.

What works, and what doesn't

There is no such thing as SL free trading. Depletion of your trading account / capital is an effective SL point. You may not know SL price level initially, but eventually you will. Even martingale / grid folks have one. They let position to go in ...

Trading without SL: your profound experience

Divorce. Nothing less.

What to do if a broker cheated you?

Typically, people start trading so that they can do something else.... like going to work.

Are there any full-time traders that are living off the FOREX profits?

Yes. Soros.

Is it possible to become a billionaire trading Forex?

You can make millions by placing profitable trades.

How do I make millions trading Forex?

As your very question implies, in some cases it might make sense to take little profit, but in another to have stop loss. :nerd:

Securing your trades by moving s/l to break even

Poor execution would not make you unprofitable unless you scalp. Poor execution can be product of broker scalping. When you and broker scalp against each other, broker would obviously have an upper hand since it has pricing power and interest in ...

Honestly frustrated with trading forex

Indeed. Why would one even care? Are they to replicate the success?

Why do so many people use MT4?

FX is pure zero sum. All gains or losses are merely product of identical valuation changes on both ends over time. For some it is not loss per se, since if you have to pay or be paid today, you do not care about what a currency might be worth ...

Who is making profit in the forex market?

Really??

Work Vs Trade