Hey Buba, Start with a micro or nano account. Don't blow through all your capital while you're learning.

Just another person who thought he found the holy grail.

How do you calculate the pip values on interactive brokers? — Hello, I'm working on a new client's account over at interactive brokers, and I'm having a hard time understanding how to calculate the per pip value of a trade. Does anyone know ...

Yep that is 100% correct London is the largest mover unless your trading a Yen or Auzzie pair which are active during Asia.

I'm in the same time zone. I have made adjustments to trade London hours and some of New York , but you do not have to do that you can trade the Asian session. Just pick the pairs that move during that time: Auzzie, Kiwi and Yen pairs will all work ...

Sure... Step 1. Find a trend. Step 2. trade into it.

I had this problem too. I was afraid to pull the trigger to avoid taking a loss.

Cool glad to hear that

Hey 3conomics, Well, my response could be a mile long to your post, so I will just give you one key. Your comment about fundamentals "Never the less I persisted and realised I had to learn some fundamentals before I even thought about trading ...

Yep! Will a new trader do that? Ah nope! People forget this is like any other profession it takes time to master. Your numbers will fluctuate according to what the market is willing to give, not some generic number. The holy grail does not ...

I would be careful with trading rooms or groups while your trading. It can lead to too many distractions and you could be taking advice from someone who has no idea what their doing. My biggest thing I learned in trading over 7+ years of trading. ...

There is no answer for that question. It depends on too many factors, but if price is not trending why trade!

Hey Sandy-pip, Yeah no worries I had that same problem too many years ago. The solution is learning how to control fear and or greed.

I laughed when I read one guy is in jail

Not using a stop-loss means your ego is to big to admit you're wrong.

Hmmmm $3000.00 starting capital turned into a over a 6600% return in 6 months I would ask your trading experience but this question tells me. Good luck!

Nah not gonna knock you Yazzie. If you say these are your stats that's great, good job. Many people have been screwed over by phony traders and guru's that it just make's one question who is the real deal.

All of them!

Well, there is lots of reasons. One is they have been lied to by brokers and many so called guru's into believing trading is easy. People don't realize you are competing against people who have deeper pockets and many more years experience than you ...

Demo account is the best way to cut your teeth at trading. After that I would recommend moving to a micro account, and trading that first before moving up in size.