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mlawson71 replied Jan 22, 2021I agree. I try to do the same but it doesn't always work.

Starting small
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mlawson71 replied Jan 22, 2021I think time frames are important inasmuch as deciding on said strategy - if you don't have much time to spend on trading, you should pick a strategy for the long time frames.
Best High Risk trading in Forex?
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mlawson71 replied Jan 22, 2021The new president of the United States just froze all Federal regulatory processes, including last year’s crypto KYC regulations proposed by the former US Treasury Secretary Steven Mnuchin. Joe Biden completed this sudden move on his first day as ...
The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero
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mlawson71 replied Jan 20, 2021One should always strive to trade on a cool head. If you let your emotions dictate your decisions you'll end up in big trouble.
Starting small
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mlawson71 replied Jan 20, 2021I agree. One of the first indicators I learned how to use was MA. It was easy to understand and quite practical.
I have a question. I'm a newbie
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mlawson71 replied Jan 20, 2021I agree. The best one can hope for is to profit more than they lose.
if 99% fail why not reverse what we trade
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Russia Allows For Remote Verification For All FX Traders
Started Jan 19, 2021|Recycle Bin|0 replies
The Association for Forex Dealers (AFD) has relaxed the rules that govern the remote ...
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mlawson71 replied Jan 19, 2021That's the case with pretty much all binary options trading, regardless of what one uses.
Binary Option Trading
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mlawson71 replied Jan 19, 2021It's how I started too, unfortunately, it's a very painful lesson to learn, especially as a newbie.
The Spread and Profit?
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mlawson71 replied Jan 16, 2021Money and risk management are absolutely necessary to avoid losses, I agree. I too don't use more that 2% of my account.
The Spread and Profit?
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mlawson71 replied Jan 16, 2021I agree. Starting with a live account is a really poor idea and leads to otherwise avoidable losses.
Simple Forex Trading
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mlawson71 replied Jan 16, 2021The way I see it, focusing on learning is focusing on profit, even if the profit is delayed.
Stepping out of a position
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mlawson71 replied Jan 16, 2021That is irrelevant. There are profitable strategies for both short and long time frames.
Best High Risk trading in Forex?
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mlawson71 replied Jan 15, 2021True, a lack of discipline is a serious problem. However, people often underestimate how much responsibility brokers carry too. According to a survey conducted by the Australian financial regulator ASIC, a serious reason for trader losses are ...
95% failure rate?
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mlawson71 replied Jan 15, 2021I agree. Starting directly on a live account is a poor idea, I think.
Starting small
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mlawson71 replied Jan 15, 2021For sure. But a trading plan is not enough, one needs to have the discipline and experience to follow through.
Why do Newbies Lose?
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mlawson71 replied Jan 13, 2021Sadly, a lot of people don't seem to understand that learning is the path to earning.
The Spread and Profit?
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mlawson71 replied Jan 13, 2021True. That leads to so many losses and consequent misery, but I don't see it changing anytime soon, unfortunately.
Why do Newbies Lose?
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mlawson71 replied Jan 13, 2021Some people scalp and use SL, they can't put it at 100 pips.
Do you use stoploss?