Sometimes I wait for as long as eight hours to exit a trade so there is a lot of time in between so I open up my pad and then watch movies. I do a lot of watching and reading on my pad so I will have two open screen at the same time. I usually don't leave my screen though so I can exit if worst...
Tell me anyone who is happy when he lost. If he is then he's probably is slim Buffett. No one will be pleased when he loses so I think we should not be praying to lose. However, to cut down our losses, its best so we don't get over stressed because of it. I mean losing ten pips is better than...
I think paying spread fee and then opening 100 trades and earning only a few pips is way too low for me unless that capital size is big then its not a problem right. If he invest say one k then ten pips of one k is good but if he's only using dollars then its not high enough. I just hope that...
They can do long term trade in like a mini account though and just do like .05 size. I think they can. It can be just for learning experience with small capital size. I think they can do it and also don't have to use sl in mini lot. I know long term is very hard for newbie but it can be...
I say knowing will save you from losses right. You lose cause you didn't know. If you knew how to prevent losses, you wouldn't have made the moves that you did so a lack of knowledge and experiences will lead to losses so make sure you gain more knowledge, experiences and then you will gain more...
I've heard of many signal paying services as scams. They just want to make money from you and are inaccurate and not helpful so for now I do not use it and don't plan on paying for them either. I've heard many scam stories from them. Of course, anything that will yield profit is just a scam in...
Or steady profit at a steady capital risk is also ideal. I don't like to take high risk since you could lose it all while you spread it in many trades you will have more chances of gaining profit in some trades if you do lose in some trades. The market is way too risky to just stick with one big...
Then you need to prove to your brother that he's wrong about forex. I guess its now for you to try to keep it as a secret ha. I try to keep it to myself. I'm an adult and no one need to know my business anyways and my family couldn't do much with forex if they wanted to since they don't believe...
Some stocks will offer handsome return in the long run like Walmart, bankings, commodity and such. Its good if you can buy it at an attractive price. In the recession, like now, is a good time to get them at a low price. Its good to invest for your kids future and also for your retirement. You...
A lot of things in poker is just psychology so there is no fuss or brain required in pokers sometimes. I mean their job is to bluff until they win or lose. I think forex has more knowledge requirement than poker and sometimes they might not be patience enough for it. I know of man pro poker...
Unless you're loaning from family or friends then there is no interest or as long as your loan has no or little interest then its ok. I know of loan that has little interest if the loaner has good credit or a good credit line so it all depends. IF you don't have to pay interest then why not. You...
Do you trust your future with forex? I think as a young person we must work on a career for our future and family right. We can't really sit at home and wit for a good profit that might or might not happen. But if we go out and work and have a career, its more certain that we can pay our bills...
Should newbie open a one month long term trade? Why and why not? I have opened such a trade before and I love how it increased my profit with the right pairs. Its very possible in a good economy or the right factors are there but it might even dip so low in one month too so not all is profitable...
Should people with low IQs do forex? I know there are people with different level of IQs out there. Just cause you're smart, doesn't mean the rest of the world has the same IQs as you do but if they desire to trade forex. Should they do it? Maybe cause they desperately need a side gig and need...
In college, in the US, you will hear about it finance or business classes so college students are aware of it but it doesn't mean that they will go in depth about it. I mean teaching people things that have significant risks can be a liability too. They can sue the school if they ended up losing...
Lets say I have $1000 to trade with. How should I go about trading it so I can double or triple my money? Should I open five long term trades and then cash out at the end of the week, in two weeks in one month or in three months. Or should I open 50 scalps with leverage and try to make as much...
If a trader open more than 20 trades, long term and scalp per day, is there anything wrong with that picture? Do you think its healthy or profitable to open that many trades per day? However, if you really know how to trade, you could open that many and still profit from most of them whether...
What is unfair and sneaky about forex? I feel like there are a few things that are unfair in this business and are sneaky too. Since those activities could cause you to lose more money like the broker activities. I'm sure there are practice there that you are not so aware of that cause you to...
How long does it take before newbie can make good profit? I think all newbie must know that making profit is not right away as they lack experiences. They can get lucky if if they're exceptionally bright, they can make money right away but its not easy like they think and most ended up with more...
Is paying for signal services worthwhile? I have heard of some users use signal services and some paying for it while there are free ones as well. I have heard of many paying ones as just merely scams from those services who wish to make money from us and give no effective signals. I think way...