OK, have you seen on the news lately, a man who bought $20 of bitcoin three years ago now have $800,000 k of it so it grew astronomically. This is the results of stocks in the long run, so its good for your kids or retirement. The profit and growth is for sure with dividends, compounded...
What is the longest trade you have opened? I have one trade that was there for four days but I ended up regaining the profit but initially it was a loss over the weekend, ended up with swap but it turn bullish after the weekend and I made like some 60 pips or so. It could be losing and then...
Would you rather trade or use your money for partying? You could use your money to party, shop, and do whatever that is fun right. You don't have to trade with it. However, if I have money to party or shop, I rather not party or shop but trade with it since trading is fun plus I can make some...
Is there a specific time in day that you trade? I do have a specific time or else I can't catch the profit. I usually open trade before market opening like one hour before to get it really low so at least I can cash out around 12pm or else waiting for a bull trend is just not possible some day...
I guess what I like about forex is there is no boss or co-worker who will look me down. No matter how smart you are, in a real job, there are always some weasel who will stare you down and you're so much better than what they thought of you. There are so much unethical in the businesses out...
I think convenience is always a great thing in this day and age where there is way too much cost just to travel around. I mean just paying for gas, car insurance, fixing your car is already a headache. Sometimes one time of fixing your car is equal to the whole month worth of income so a lot of...
I think brokers kind of stalk all of their customers and to avoid being stalk, just use like a google voice number that is not forwarded to your phone but you can check the voicemail of it only so they don't spam you. I think I dislike brokers calling me all day and all night. I mean I'm from...
They want your business of course so that is why they call you a lot, so make sure to give them like a google voice number so they can't bother you. I have discovered that using google voice mail is good so they can't bother me at all. I never give out home phone number and even cell phone to...
You should also consider that the spread fee for each scalp too so that is kind of costly too if you scalp many trades. You will lose and then pay scalp fee too so very costly. Versus one long trade is only one spread and you might make up to like 100 pips in profit. You catch a lot of early...
I would like to tell them that but since I'm a little nicer I will not just tell them in their face. I will just block their phone number or not pick up the phone or hang up on them. These are nicer way to avoid them. That way they will think that I was not available rather than not interested...
I think some people do not think safety first you know. I mean if everyone think safely the brokers will be out of business right. There are many who takes so much risks without ever thinking about it and when they lose they jut smile and walk away. There are people with those kind of minds. I...
Which do you prefer? One long term trade per day for several hours and then sell at the end of the day and make like 90 pips or more or five or more scalps with 10 pips each. I've chosen the long term trade cause its less of a headache and I don't have to enter and exit like mad. I do not like...
Anyone who ask this kind of question must have not open real trades before. If you have opened real trades, you will not ask questions like this. You know for sure that forex is nothing but risks. If you even walk away from a scalp trade, you might just lose it all. Its risky in every aspects so...
If a newbie have problems making profit then trading full time will lead to full time loss so therefore part time trading will lead to part time losses and some part time gaining experiences. They must focus on keeping a job so that they can continue to gain more experiences while they still...
Many blue collar are also are of gambling right and many of them do gamble and they all take the bus and they all lose a lot of money to gambling. I think as long as they know how to control themselves then it doesn't matter what they know right. I mean things are in front of you but if you are...
My other list of worst thing a newbie can do is to scalp often as this is really risky for newbie. They might get fearful and ended up existing before they profit so they will lose out that way as well. Also, if they get impulsive and depend entirely on forex for an income then they will open...
So you say scalping is profitable. It might be but many do ended up with losses though. Even though there are numerous day traders that scalp. There are also many intra-day and swing traders. Those are profitable as well but the brokers don't stop them. There are many reasons that they don't...
I have my list of the top three things a newbie must know. You can add to the list as well. First, all newbie must have several months of demo trading cause without that you will fail for sure when you open a real account. Second open a real account with a well known, trusted, regulated broker...
So I guess I should stick with a regulated one if I will be using high capital then. There are some easy ones that have no regulation. I guess its fearful to use those ones as they can scam us and we have no where to complain to right. I will not use high capital on those non regulated ones...
Its with their own money so if they follow blindly then its their fault right. I think you have to choose wisely. I look at the real trade history of the trader and I can see it all. I can see how many trades in the past bad how successful he is. I can see his losses as well. I prefer one that...