I agree, revenge trading leads to a lot of unfortunate losses.

Why do Newbies Lose?

I agree. Do you have any advice about how to manage one's risk?

reasons why traders lose

While there are plenty of scammers, there are also plenty of licensed companies, it's important to make sure you work with a licensed one.

95% failure rate?

Apparently they're opening (moving?) offices to Malta ahead of Brexit. The FCA regulation is better than the Maltese one though. :/

OANDA Discussion

Still, it is a good idea to learn something new every day.

for the working people

I wish you success! Do you think you are more in control now?

Why forex?

I think what helps is having a proper plan and following it to the letter.

how do you improve patience

And there are even more people who lose millions every day. Unfortunately, the people who lose are by far the more numerous.

Forex - trade your way to millions

It may be the most popular, but most newbies lose millions to it. It is not an easy endeavour at all.

Should I become a full-time Forex trader?

That is where experience comes into play. One learns to trade, and one learns to remain in control.

reasons why traders lose

I think that while Forex is quite profitable for some people, a lot of traders literally lose millions to shady brokers. That is just part of the industry and no amount of regulation and law enforcement have been able to cut that short. If one goes ...

Forex - trade your way to millions

Forex is tempting because it's a good opportunity to profit, if one knows what they're doing. But that is a pretty big if.

Why forex?

It's not always a matter of stupidity, sometimes it's just naivete and inexperience. No one was born educated, and I don't think shady brokers should be allowed to take advantage of such people.

Scalp

Indeed. If you don't know how to trade, it's a catastrophe.

Is forex the best investment?

Lack of knowledge, discipline, trading plan, risk management, bad broker choice, and so on and so forth.

Why do Newbies Lose?

True. Anyone who thinks they'd start making profits as soon as they start trading are in for an ugly surprise, unfortunately.

90% of traders lose money! True or False?

Me neither. But this is why I think there should be some enforced regulation about leverage, that sort of thing is just exploitative.

Scalp

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The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero

There are brokers offering 1:1000, do you think that is safe?

Scalp

It is? Do any statistics back that up?

Forex - trade your way to millions