This is the problem: url It's going to be a difficult year for retail traders (or for however long it takes to resolve this growing problem).

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It all comes down to knowing where to put your limit orders and when to get out.

Can a grid trader survive?

Question: Can you really make money from trading? Answer: If someone else is, then why not me? Point: People are obviously making money trading. Do what they are doing (as long as it is honest).

Can you really make money from trading?

Question: What helped you the most to be profitable? Answer: Overcoming my emotions.

What helped you the most to be profitable?

That is certainly a valid point!

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"The best indicator I have is between my ears." — strat

Which is the BEST indicator and why

Question: Why do 95% of traders lose? Answer: They are afraid of losing.

Why do 95% of traders lose?

You must not be afraid of losing. If you are afraid of losing, you will never make it in this business.

Attitudes a Forex Trader needs (part 1)

I am the #1 reason why I fail at trading. When you get to the point of understanding what the statement above means, that's when success begins.

reasons why traders lose

Solution: make a simple step by step trading plan and follow it. Don't give up on it if it produces a loser, but look for ways to make it better. In other words, improve it. In time, you should have a solid trading plan with a better than average ...

trading Mental block

It is recommended not to risk more than 2% of your balance. But what it all really comes down to is your entry. A well thought out limit order has great potential!

How much do you risk per trade?

Demo is helpful, but not as helpful as using a Trading Simulator. And some traders recommend going live but being extremely conservative in how much you risk. Like learning the ropes while only using 0.01 lots, for example. I can't say I disagree ...

Is demo a step before real trading?

Failure can be expected. It's what you do with failure that makes all the difference in what happens next.

Failure in Forex is a certainty! Prove me otherwise...

Rarely. But that's just me. I have found better ways to get out of losing trades.

Do you use stoploss?

This thread is old. The fact that the thread is still here tells us that the system holding it up is reliable. The same point can be made about the Forex market. It's still here. It's not so much a question of whether the Forex market is reliable or ...

Is Forex reliable?

I love doing technical analysis. It is so effective! Nothing beats it.

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Have you considered Oanda's order book? There's a lot of orders waiting around 1.0825. 1.085 and 1.0775 are also favorable spots. Source: url image

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If only we could see what they see on Tuesday—when they see it.

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Understandable. Due to all the stuff that is going on with Coronavirus, the markets are quite messy at the moment. I use a very conservative approach to trading when it comes to leverage. I can literally go hundreds of pips underwater and still ...

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I am looking forward to the COT report. So glad I learned about that information and how to use it.

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