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- Afraid of US government regulations
I'm considering switching jobs to Forex but the thought of the possibility of govt shutting down ...
I'm considering switching jobs to Forex but the thought of the possibility of govt shutting down ...
Just curious, if you had a good career at poker why give it up? Was it due to the US market dropping out? A decent poker player who plays it full time makes about 50-60k per year with proper bankroll management. 6BB/100 at 100NL or L. The good ones ...
I guess it's possible for a long term trader to watch the news and just call up their broker to make an order.
I wouldn't totally drop the indicators but instead learn exactly how they work in and out so you can identify when they are applicable and when they are not. Learn the nuances of it. You should be able to have an idea of what the indicators are ...
In general, even with UK using the pound, when bad news comes out of there, does the EUR/USD drop?
I'm still new to forex so terms are not very clear to me. When you say biggest money, do you mean the large banking institutions?
As a trader don't you want the failure rate to be really high? If 50% of traders made money won't that mean your share of the winnings will be cut down significantly? That means the true barrier (time, money invested, etc...) to entry would be ...
What goes through your mind when you have a trade that went in your favor but begins to go the other way? Do you move the stop loss so you at least protect some of your profits or do you keep it there and hope for the best? I have a huge problem ...