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mlawson71 replied Jul 7, 2020I really doubt everyone here trades with a fixed stoploss. A lot of people do, but whether it's even the majority is unclear without any kind of proper survey.
5% risk per trade?
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mlawson71 replied Jul 7, 2020I really doubt mass adoption will occur in the foreseeable future. One day, maybe. In the next few years? Highly unlikely.
The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero
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mlawson71 replied Jul 4, 2020Is there a difference between a cent and a nano account?
Is demo a step before real trading?
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mlawson71 replied Jul 4, 2020Me too. It's what I dislike about cryptos, they don't stop during the weekend.
How long did it take you to become profitable
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mlawson71 replied Jul 4, 2020I just hope Bitcoing will break out above $10,000 soon.
The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero
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mlawson71 replied Jul 3, 2020GPay, a crypto platform that had been scamming traders through the classic mean of fake celebrity endorsement was recently shut down by the UK High court. The UK Insolvency Service released a notice on the 30th June which revealed that XtraderFX, ...
The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero
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mlawson71 replied Jul 3, 2020Take your time, there is no rush to move to a live account.
Demo Forex VS Real Forex
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mlawson71 replied Jul 3, 2020I did not mean start on a live account from the very beginning, it was the exact opposite actually.
Trading Emotions
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mlawson71 replied Jul 1, 2020One leans as they trade, but I do think that there should be a theoretical base on which to build everything else on.
Is demo a step before real trading?
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mlawson71 replied Jul 1, 2020Thank you for illustrating your point like that. It's one thing to say how things should happen in theory, entirely another to demonstrate how it works out in practice.
The real Basics - how to start and how avoid the traps
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mlawson71 replied Jul 1, 2020I think so too, especially if one is a newbie. Take as few risks as possible during that period.
5% risk per trade?
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New Zealand's investor confidence remains high
Started Jun 30, 2020|Recycle Bin|1 reply
The New Zealand financial regulator Financial Markets Authority (FMA) recently published its ...
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mlawson71 replied Jun 30, 2020Exactly. If you don't have a proper broker you can't trade, regardless of how much you know.
Is Forex reliable?
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mlawson71 replied Jun 30, 2020Many newbies have similar experiences, unfortunately. I hope you have managed to overcome that?
Why 99% of traders lose money
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mlawson71 replied Jun 27, 2020I agree. When I see people trading with $100,000 on a demo account when they can only invest $100 - $500 I feel like that time on demo is just wasted, as the results are not realistic.
Account size and trading size
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mlawson71 replied Jun 27, 2020I completely agree. I am always suspicious when people start claiming how they started making big profits all the time within three months of trading practice. While some rare prodigies here and there may be able to achieve that, for most traders ...
Beginner Questions
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mlawson71 replied Jun 27, 2020I completely agree, but I would also add that reaching consistent results is a very difficult thing to do for the majority of traders. It's not something that happens overnight.
Consistency