haha! tell me about it... i've had multiple bruises and noise bleeds from hitting the wall... I can finally see through the wall, going to fall right through it and move to the 5% for me its passion, ambition, suits my personal ...

thats good advice!!

you need to first distinguish what type of trader you are? long/medium/short term, swing, scalp, and etc... experience then plays a major role, study and practice charting... have a journal to see where things work and wont work. repeat and repeat ...

yeah it happens!! Good trade still...

good patience

lots and lots of good feedback! imo experience and talk to yourself :nerd:

well its really $150 per pip you're doing. just my opinion but why waste your time making 1 pip a day, when you could concentrate making 5 pips in a week. It's like making one good call rather than 5 good calls in a week. You could enjoy more time ...

markets are going to be here for a long long time and I'll be trading! hmmm.. imagine if every country pegs their currency then we will have no liquidity

it really depends on your trading method. There's euro debt crisis, central bank interventions, economic news release, and many more fundamentals. You can definitely use those extra information to give you an advantage if you use it right. Charts ...

ahhh.. brings back a lot of memories The article exactly sums up my years in forex. i'm now between 3rd and 4th stage and cant wait till stage 5!! passion. perseverance.

well it depends on your trading method. But in my experience its ideal to place a stoploss. Sometimes youre just not disciplined enough to take the lost and continue to adjust the SL for even greater damage. Possibly an unexpected "intervention" or ...

there is liquidity when session overlaps then slows when traders have lunch break. As well market is liquid when news is announced. Charts are also a good way to tell, the price action and the daily average pip movements made.

i guess it'll depend on how you daytrade. i have to work fulltime but spend fair amount of time trading as well. I trade the higher timeframes, so I get more time to look around. When a setup gets close i stay glued to the screen and focus even ...

the shortest trade was 5 sec when i use to trade US economic news, which i dont do anymore. i trade higher timeframes so positive typically last 1-5 days.

i trade 8 pairs that i can watch comfortably. i guess it depends on how you trade ex.long/short term, scalp/swing, and etc..

thats a good point about focusing on decreasing losses! I believe that 20% is possible

that was a good entry for some good pips! good work