Disliked95% of people lose money in forex...
5% of PROs earn what 95% lose.
Fact.Ignored
Lost in the Tunnel... 591 replies
Has anybody ever lost a scalp... 12 replies
Lost trade history? 3 replies
Most big banks lost in FX 2005, what abt u??? 8 replies
uncommon? 51 trades I never lost 26 replies
Disliked95 % fail because they play with small money and have big expectations thinking they will turn there $1000 acoount into a million s
so they use
a bad money management
b hold on to losing trades
c take winning trades to early
d watch a winning trade turn to a losing trade hoping that it went 100 pips might go 100 more then bang goneIgnored
DislikedIn other words, what you're really trying to say is that the markets have you tied up in knots and you can't extract money from them, right?Ignored
DislikedBecause he has no idea of what he is doing and why. And asking all the other newbies here for advice won't help.
The blind leading the blind is a saying that comes to my mind..Ignored
DislikedYou are not 100% right on this one.
I think you can learn from both, newbie’s and pro's
Reading about newbie’s experiences you can see what's happening when you hit the wall and how they manage to hit the wall.
From pro's you learn how to avoid hitting the wall.Ignored
DislikedHere are my answers to your questions
1. Why people are still trading? One thing only! Financial Freedom!! Being able to trade at home is also a great bonus
[color=black][font=Verdana]2. How people are making their profit?...Ignored
DislikedGreat advise Stacey. If I could ad that what a new trader wants to do in trading should be based on their situation, not what the rest of the market does.
IE Goal 1 - be good enough to be live ttrader by X date, goal 2: replace income by X date which requires X pips etc...
This will break it down and these little goals add up to big ones!
My 2 pipsIgnored
Disliked95% of people lose money in forex...
5% of PROs earn what 95% lose.
Fact.Ignored
DislikedHi guys,
I'm a newbie that wants to start trading with a live account.
However, the more I read about brokers and stuff, the more I feel that this Forex market is the hell on earth.
I'm a part-time poker player (not online) and full-time handicapper.
[color=black][font=Verdana]One of my bookies introduces me to Forex market and since then I’m spending about 4 hours a day doing research...Ignored