Ideally this shows just how combining work and trading can spring forth some conflicting results to different traders. Some believe that doing something else aside can help in trades while others like you are probably positive about devoting more ...

Work Vs Trade

I agree with part about relying solely on trading. i.e it can make you emotional at times. However, I believe that you do not necessarily have to work 9-5 to enjoy emotionless trading. You never know the kind of day you could have at work, and then ...

Work Vs Trade

Thank you AnatoliyS, I will take a look at it plus others. Also thank you for the valuable information. I actually thought the the website was well known, and that is why I was considering it. Nonetheless I will have a look at a couple more before ...

Psychology, Price Action, Correlation, and COT

I know that there are several courses out there about trading, but I have not come across many talking about trading psychology/mindset. Therefore I was wondering if any one may have taken or knows something about a course I am planning to take ...

Psychology, Price Action, Correlation, and COT

I believe most retail traders do not trade in FX because that is their only source of income, but rather because they can make secondary income without developing a conflict of interest. Additionally, you will most certainly find that most retail FX ...

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

Does anyone here really use trading robots and how many out there are genuine. I have come across a few claiming to deliver 65-80% win-rate but I always try to stay out, never really tried to use one. So I am asking if there is anyone out there who ...

Basket Robots

My understanding is that you do not actually trade for 18 hrs a day making those micro earnings, but rather 18 hrs to get in and out as often as possible. Scalping for 18 hours per day assuming a maximum of 15 minute per trade that results into a ...

The Spread and Profit?

I believe it is possible to work 9-5 and still be a successful trader. After all trading requires only a couple of hours. In my opinion, you can use the weekend to analyse the market and come up with target currencies which you could trade during ...

Work Vs Trade

A mandatory school would have definitely helped things out, but then again that would mean paying for the school a mandatory task. Currently, traders can learn about trading and investing from several sources such investopedia.com, or even here at ...

what did I learn in my 1 and half years in forex :)

Forex Trading Indicators have been in use for ages. They do not work all the time, but they have been useful in most of the times and that is what matters. In forex, you can never be 100%, but what is necessary is that you get things right more ...

Indicators for rookies

In my opinion, one of the most common factors behind loss of money in Forex Trading is the mindset possessed by some traders when they begin trading. Some go in with the thought that they are going to become millionaires quicker, while others think ...

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

What is the best way to practice intraday trading? Is there anyone who does it continuously through the day, say for 12hrs? A friend of mine focuses only on the first two hours in the morning and the last two hours in before markets close (NY time). ...

Intraday trading - Is there someone that really earns?

First, everyone does face some issues at a point. No one is always successful in trading and even the best sometimes get hit hard. The secret is about risk management and trading philosophy. I have come across a few ideas that suggest the best take ...

Break Even Trader / Where Next

Well, by Intraday trading I believe you are talking about day trading.. in that case, I have come across several people who say they are day traders for life (that's their career) I have also come across others who say they have become millionaires ...

Intraday trading - Is there someone that really earns?

I agree with you on commissions and leverage, but as for volatility, it is why people make money in Forex. I know sometimes volatility can hit you adversely, but it is also a very key component in Forex Trading, one that expert traders capitalize on ...

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

Check out free online trading academies first. There are several videos, eBooks and courses online available free. The best would be to check out reviews of such courses before committing if at all you plan to commit. You can ask question here at FF ...

Anyone tried this trading course?

Exactly my view. Only Gambling can be considered a zero sum game. With Forex Trading, everyone can make a profit and a loss as well. The difference comes in terms of how many losing/winning trades do you close, and by how much do you gain/lose?

Is Forex a ZERO Sum game?

Ok am assuming that you are completely green in Forex Trading and it would do you a world of good to do some online courses and get the basics right. There are several online courses some free others require payment but you can start with the free ...

The Spread and Profit?

I agree, you could waste money on a trading system only for the system to screw you up. Personally,I believe that the best way to approach things is to focus on building your knowledge in Forex Trading. That way, you will be able to evolve with the ...

Is There Any Thread Summarizing How To Trade Forex?

Just watched the video. It is highly informing on Fibonacci extensions. Thank you webforecast. I think with Fibs trading can be interpreted very easily once you get to understand them well. I had only been using Fib Retracements but now I am going ...

Fibo levels