Totally agree with your points. BUT you forgot one critical point: > find out how the company running the platform (XM, Oanda, Trickmill, etc.) actually control your trades and flatten your account. Once you have this information, you will become ...

Hi Peter. How long have you been trading? I don't usually post on trading forums etc. Usually, it was because i was too busy trading. But, perhaps also, because i don't see much point. Trading as a hobby or as a means to an end seems to me, to be ...

I have used an account that allows hedging, and lost EUR 17,000 in six months on the 24 per cent drop of the Euro, though the position was evenly hedged. Unfortunately, i was buying initially and hedged as the Euro continued to fall, from 1.37 to ...

I don't understand today's EURUSD activity; but while it was quiet i was foolish enough to place a few shorts and this stopped out my account (i am with XM, with whom i have lost about EUR 18,000 so far as i did not know how to handle hedging ...