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- supermax179 replied Oct 31, 2010
Yes, it is possible to make money in forex, though for some it could take some time, a lot of practice and a whole bunch of discipline (not a gamblers mentality) before they could honestly say they can make money. And if you just look around, and ...
Is it Possible to Make Money in Forex Market
- supermax179 replied Oct 26, 2010
Thanks for the welcome Pidgeon. I absolutely agree! making it in this business takes a whole lot of discipline. Discipline indeed will separate you between success and failure.
are you trading for a living?
- supermax179 replied Oct 26, 2010
It is every traders dream to make trading a living. Although it is initially difficult, it is doable. In order to do that, you must need a startup capital. You can't open a very meager account and say I want to make a living from that! That would be ...
are you trading for a living?
- supermax179 replied Oct 25, 2010
The aim of most traders is to get rich in Forex but most of the time (about 90-95%) they fail miserably and end up losing money. To win at Forex trading, you must learn how to spot the high odds chart patterns. Also keep in mind that when you trade ...
It is possible to be rich in FX!
- supermax179 replied Oct 25, 2010
You can never have too much information and TA is helpful for short term trading, swing trading and long term investing. TA provides a sufficient amount of opportunity for those who know how to read charts and react to them.
Is technical analysis sufficient ?
- supermax179 replied Oct 25, 2010
It all depends on how much risk you are willing to take. A good guidepost is to consider the Average True Range (ATR) as basis to place Stop-Loss orders. The ATR is essentially a moving average of the Price difference between high and low of the ...
What stoploss do you use?
- supermax179 replied Oct 25, 2010
Take regular breaks, make sure your seat is adjusted optimally. Get an exercise ball and roll around while you are at the computer. stretch your legs and hips and back, just take alittle break once in a while and stretch. Also you can adjust the ...
Lower back pain and your forex chair...
- supermax179 replied Oct 25, 2010
Some advantages of going public: - Access to Capital: By offering stock for sale to the public a company can access a substantial source of corporate funding. - Liquidity - Compensation: Many companies use stock and stock option plans to attract and ...
What are the advantages of introducing a company to the stock exchange?
- supermax179 replied Oct 25, 2010
I absolutely agree! You might like Aronson's book if you're a statistics freak but for those who are unwilling to digest the painstakingly presented statistical concepts, little value can be derived from his book.
Is 90% of TA useless?
- supermax179 replied Oct 25, 2010
Yeah, that's right. Though initially the Germans advocated the name "Euromark". Then according to the Treaty of Maastricht, the single currency should have been called the "ECU". However, in December 1995 the members of the European Council (heads ...
What does the 'R' in EUR mean?
- supermax179 replied Oct 25, 2010
No, it's not easy. Making money in forex requires you to have a good system and certainly requires a degree of diligence and right mindset.
Is making money in FX that easy?
- supermax179 replied Oct 25, 2010
"Trading in the Zone" by Mark Douglas is quite a good read. Although I would not necessarily say that it is the best forex book out there, as a guide book, Douglas effectively explains his approach to trading and steer you in the right mindset for ...
what is the best forex book?
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