just sit on your hands... trade the best times... London mostly. Wait until price action is telling you that something is up. once you get patience down trading becomes quite boring. but the returns are worth the wait

how do you improve patience

most likely going to close before us opens.. dont want to get stopped out on a huge news spike especially with alot of releases today EDIT: closed for 12% gain on the day 3 for 3. 6 for 7 in past 2 days

Trading live accounts in a bat country

congrats!! I'm starting to fall in love with gold only after 2 days of trading it

XAU/USD & XAG/USD - Gold & Silver Traders Thread

my gold trade today

Trading live accounts in a bat country

well dont forget the xau/usd pair is based on the dollar index since gold prices don't fluctuate as much. usd index has been bearish for the past 4 weeks

XAU/USD & XAG/USD - Gold & Silver Traders Thread

yup heading north. Here's my gold trade doing nicely... i think usd pairs will offer some good trades today

Sonic R. System

we'll see.. If the dollar falls as I expect.. then the long still remains EDIT: long doing well so far

XAU/USD & XAG/USD - Gold & Silver Traders Thread

if youre second guessing your position and are in drawdown already.. Get out. there will always be another oppurtunity.

Take a loss in a losing position or wait for it to turn around?

why pay all those spreads?! I'd just stick to 1 position intially (i'm long). volume has been increasing with the upmoves gradually hinting a bullish market. dont overtrade!

XAU/USD & XAG/USD - Gold & Silver Traders Thread

my outlook on gold

Sonic R. System

I'm with the bulls on this one. Here's my chart analysis. After some correction I think the USD will keep dropping sending this north!!

XAU/USD & XAG/USD - Gold & Silver Traders Thread

hi guys usd index about to test weekly lows.. check out my image if price breaks below I will be looking to join the bulls on xau/usd

XAU/USD & XAG/USD - Gold & Silver Traders Thread

wasnt in on this trade but it would've been nice!

vsa with Malcolm

wasnt in on this trade but it would've been nice!

Sonic R. System

Wasn't in on this trade but it would have been a nice one..

AUD/USD

Um don't you guys think the 90% rule is just another manipulation to put fear in your heart? I want to see statistics before buying into this statement. Right now it's just a mystery. Either you profit or you don't.. Who could care less about the ...

90% of traders lose money! True or False?

Looks like a wonderful set of trades there TAH. Looks like a markup in GU Id say your spot on saying its bound to come down sometime

Sonic R. System

Overtrading will surely kill an account.. the longer you sit on your hands the better opportunities you will see rather than already being in a trade that's drawing down ur entire position=) will be interesting what the Euro will do within the ...

Sonic R. System

I agree with being an entrepreneur and trading to start a business. Trading hasn't necessarily helped start my business but I do own my own clothing line and I use forex as a means to help capitalize my business. Indirectly.. I am still self ...

Is Trading FX A Noble Profession?

it's just an outlook... he stated that he wouldn't take a short so any newbie should know not to enter a trade until there's more liquidity when asia/london starts

Sonic R. System