Forex as a business has been amazing for me in last few years, I have managed to make massive returns through it but you need to have ability to manage it through. I have been trading since last 8 years, it’s not something easy but if you are ...

Trading "business?" what is your turnover and profit margin?

Never went through such situation, so don’t know but I feel it’s not exactly right. I will never be keen to do that because you can’t trust any random company like that. So unless the broker is truly reliable and there is genuine need of it, I will ...

Is it normal for a broker to ask for a credit card on the phone?

Frankly speaking, I don’t like Mt5 platform at all. It’s obvious that many might like it but I am certainly not one of them. Also, if I am not wrong then we can’t do hedging on it. I tried it with few brokers but wasn’t pleased, so went back to Mt4.

Which MT5 terminal does not have a Max Lot restriction

I way is simple to go with anything in 100% way, it’s important not to have something just for sake of it. If we try to do that then we will only struggle, but if we go with what we really want to do in genuine way then we will always do well. It’s ...

Anybody trade using only fibonacci or just one indicator?

Hardest thing to do is to satisfy any human, but to be fair I am somewhat satisfied. I do want more but I know that till I am making profits, I am in good shape. If we try to overdo things then we might struggle to even make profits, so we got to ...

Are you satisfied with your income in Forex?

The problem with such targets is that one bad trade could really push you in big trouble. So, it’s not bad to have such targets but you need to prepare yourself for the worst and difficult situations, its only way you can get positive results all ...

10 pips a day can make you rich quickly

As I already said, it’s not like we are paying for this, so just enjoy the scenes and hope the accuracy level gets higher which makes many people follow it. Right now, I am just trying it out on demo but who knows, I could try it on real as well. ...

Prediction of price moves during Red impact news

I like to really stay quiet while trading, as i don't feel great to do anything else. I believe some people need Music and all that, but there are many like me who needs quiet atmosphere where they can work with ease. I feel uncomfortable with music ...

What kind of music you hear while you trade?

I use Octafx and they have swap free account, so that’s obviously best option for carry over trades given you are not required to pay charges while spread is low as well and there is no connection between swap and spread. As per the topic, I find ...

Best Broker?

It depends a lot on news trading or how many major news are there in certain month. However, as we are talking about average wise, I’d say it’s around 300-350 pips that I am able to generate. However, it can increase heavily through successful news ...

(binned per thread starter’s request) How many pips do you make p

Minimum with some of these brokers are very high, but obviously it won’t really matter if they are actually good. I find Octafx quite good since you can get going on their ECN account with 20 bucks, so that’s pretty sensible figure for low ...

The Brokers with best spread and low SL/TP (good for scalping!)

It’s certainly very handy to follow such sites since they can be very useful in allowing us to generate good level of profits. However, it’s also down to how the individual applies because that’s what matters most. I find it even better with reading ...

Taking Advantage of Expert Recommendations

Although, it is fair to say it is impossible to get things 100% and here it’s around 50% so far which I feel is touch low. However, it is important to appreciate the effort, as obviously there is nothing given to the person doing it. We might not ...

Prediction of price moves during Red impact news

There are obviously many reasons for this, but I believe one major reason why we see majority of the traders fail is because of lacking in discipline, if we work with proper way and approach then we will not fail as rapidly as some people do. I feel ...

Top Reasons Why Most Beginner Traders Fail

It is not easy to handle frustration, as it is very common to see that we all take out our frustrations through one way or the other, it’s very crucial that we learn to handle all this with care. If we handle frustration (emotions) with care then we ...

Frustration in Forex

I am not sure how you can get bored? When you have money in the play then I believe you need special talent to get bored. However, it can be the case if you are extremely rich. I feel very excited and at times, I feel nervous but never bored. I do ...

Trading is not that hard, but I get bored

I struggled a lot with trying to get the Holy Grail part, so I suggest people not to go for that. It can benefit us greatly if we keep it all very simple and straight forward. I have given up on Holy Grail instead I go with simple strategy which can ...

What was your "holy grail"?

I think the biggest problem is often people don’t read out the policy of certain broker then there are issues later. So, it is sensible to work out things upfront instead of having to worry later.

Brokers that went broke, and their history

I am not entirely sure about CySEC announcement, but it is obviously not like that. I don't think it makes sense to ask that, as obviously no broker will allow you to use bonus with taking the original amount out. It might work this way. If you ...

Question about bonuses from Forex Brokers

This is nothing surprising, as there are plenty of people like you; it is obvious that most people try short cuts and all those sort of ways, so there is obviously little chance that we will be able to make profits with such thinking. If we aim for ...

5 years and still no strategy