I've been considering trying a new strategy, and Friday afternoon I nearly started on it. My plan was to "start fresh" since I had no current trades open, but to open one EURUSD just before the close... a SHORT that is. (Don't ask, I said it was a ...

EURUSD

Remain calm.... oooooommmmm

EURUSD

I agree with you.... and whether you intended it or not, you've just explained one of the main reasons why I almost exclusively SCALP. Not the only reason, but trying to decipher/predict price movement for the coming few minutes VS for the coming ...

EURUSD

Well, they ran away from ME (seeing how they had to dump US traders) so I don't have to worry about it anymore.

How to make a living with trading?

I was with them for awhile, before they stopped handling American accounts. (Something to do with settling a fraud lawsuit.) But yeah, their trading contest was pretty cool. Top 5 percentage gainers each month won cash... from $250 for 5th, all the ...

How to make a living with trading?

Albie be livin' the thug life... image

How to make a living with trading?

One VERY good reason to start relatively small, even if you have access to more money, is to see what it feels like to LOSE. Like you say, to "watch your account disappear like smoke before your very eyes." I've had that happen a few times now, but ...

How to make a living with trading?

Actually no, I didn't notice that at all. I admit I didn't look closely to see how many trades were open at once. But as for the size, I saw a whole bunch of tiny "micro lot" trades (.01 lot)... unless I'm interpreting the numbers wrong. If so then ...

How to make a living with trading?

From looking at his TE, it seems that most of those big drawdowns came on trades he kept open for a LONG time. The question is, did they immediately, within the first few minutes/hours go that far underwater, or did they slowly but surely tank? So I ...

How to make a living with trading?

I'd go further.... I'd say that unless you start out with $20K or much more, if you plan to only make 100% per year it's not even worth your time. (100% of $50K is $50K... so that's nice. 100% of $20K is, well that's okay too I guess. But 100% of ...

How to make a living with trading?

I'm just starting to read through your post and all the comments. Interesting... and you have my respect for being so open about this. I may have more to say when I'm done reading all the responses, but for now I'll just say something I noticed ...

How to make a living with trading?

Well, if nothing else, this had at least one good effect (on me). I'd been starting to doubt my insistence on doing almost exclusively scalping; which has also included, for the most part, staying away from news events. But now watching the ...

EURUSD

I think this link has the details on how to set one up: url

EURUSD

image

EURUSD

Yeah, I can relate. I have a nice app on my phone, and it can do about 90% of what I can do on my desktop. But for some reason, it just doesn't feel.... I don't know, I guess "safe" is the word. I'm never 100% comfortable dealing with a trade on the ...

Most traders fail because of no discipline!

I think Trump will be good for the business, but I don't have any concrete evidence yet. But I will say this: I'll continue to support him even if he does something I don't like in regards to Forex. Because overall I think he's gonna be really good ...

Trump and The FX Industry

And increasing max allowed leverage. It just seems really WRONG that they can make rules that are basically intended to "protect traders from themselves". I mean if you want to over-leverage, and maybe crash your account in the process, what right ...

Trump and The FX Industry