- Marker7 replied Jan 12, 2016
Don't over trade. By over trading what you will think is that you can make more money by trading more but reality is that you lose more money if you over trade.
- Marker7 replied Jan 6, 2016
10 pips a day is easy, even if you can't get 10 pips on every trading day, you can split your target over a month's time period. Like aim for 220 - 230 pips per month using any time frame. Once achieved, you can stop trading for that month.
- Marker7 replied Dec 2, 2015
Who are these big boys? Where can they be found?
- Marker7 replied Nov 22, 2015
You must be lacking some thing in your trading plan. This only happens when you miss a slight information, upon eliminating this lack of knowledge you will start making money from trading.
- Marker7 replied Nov 16, 2015
Use proper money management in your trading. Even if you have a good trading system, you won't be able to make consistent money if you are not good in your money management. I lost several trading account by not using proper money management. I ...
- Marker7 replied Nov 2, 2015
Trading systems do work, there are many traders that are earning from forex market. They use some type of trading system and for this reason they are successful and this shows that there are some trading systems that really work.
- Marker7 replied Oct 22, 2015
Risking 5% of your account is ok if you have a good winning strategy which is giving you a consistent 65 - 70% win ratio. But if you don't have any such strategy or skill then risking any amount is not good.
- Marker7 replied Oct 8, 2015
I trade very less per month. As I trade mostly on daily time frame so waiting for a good setup requires time. My trades are from 4 to 8 per month.
- Marker7 replied Sep 29, 2015
Using or not using stop loss is based on many factors like trading style, trading capital, trading experience. A trader may not be using stop loss and yet making profits while other may be losing even if he is using a stop loss. Its a very long, in ...
- Marker7 replied Sep 24, 2015
You cannot trade opposite of what you think of market in your own mind. This thought has entered my mind several times but still I can't act like trading against my trade entries.
- Marker7 replied Sep 17, 2015
For me the percentage per trade does not matter. I have a fixed dollar amount which I use as risk in every of my trade. Some times I do risk less or more than that amount but that has nothing to do with percentages.
- Marker7 replied Sep 9, 2015
Using stop loss is very necessary as you may suffer huge loses if you don't use one. All the successful trader use stop loss as a necessary tool in order to avoid big losses.
- Marker7 replied Sep 6, 2015
I agree with you, emotional factor is the primary factor in restraining traders getting to their targets. A good trader needs to control his emotions. Successful trader have very different approach to market as compared to newbie traders.
- Marker7 replied Aug 30, 2015
Trend is important but you have to know a lot of other things as well in order to achieve success. Among them is money management which is extremely important.
- Marker7 replied Aug 25, 2015
I don't believe in such things that you shouldn't trade on any particular days. However if there is some high impact news, then you can avoid trading regardless its Friday or not. But only considering that Fridays are bad for trading, without any ...
- Marker7 replied Aug 18, 2015
Please can you attach these image I don't know why but these links are not opening on my side. I'm not a great fan of indicators but MACD is something that's always attracted to me so I want to check this a bit.
- Marker7 replied Aug 15, 2015
When I started trading on daily time frame I 25+ pairs to my Mt4 as its easy to look at all of them once a day for your setup. But now because of some pairs co-related behavior I've dropped several pairs from my set and now I trade 13/14 pairs max.
- Marker7 replied Aug 11, 2015
Then don't trade with such a broker. I'm trading with Mayzus broker and I never had any issue on my withdrawals from last 15+ months. I mostly get my payment on the same day requested. Only sometimes because of time zone differences I get it on the ...
- Marker7 replied Aug 5, 2015
Glad to hear you also follow Nial Fuller, I'm also his follower but FREE one I agree with this that his free stuff is even enough to make you a good trader. If you watch all his free videos and read his article you will surely turn into a ...
- Marker7 replied Aug 2, 2015
Support and resistance levels are closest to being called holy grail in forex trading. If you trade near these levels especially on longer time frames you can get amazing results all around.