Who is your friend in FX?

Who is yr friend in FX ?

My stop loss,I know him well

Only one friend ?

the trend ,in fact your'' friend ''are the people who buy after you buy or sell after you sell .

What is the best way to find your 'trend' friend ?

Intraday,swing and intermediate... so many 'friends' at one time.

intermediate

Yr brøker!

My friend is called Volatility.

the trend is my friend. Heiken Ashi is my girlfriend, and PSAR my w*ore. I'll do a 4-some anytime

So many friends in FX, i like it.

Does it mean that when we add up 'friends', we can rock the FX world ?

"Keep your friends close, and your enemies closer."
Sun-tzu
Chinese general & military strategist (~400 BC)

I like that. Also I like yours, Pipmutt, the broker. I would add, look after your health because your best friend should always be yourself.

Amen.

Good point, both physical and mental health, trading can take it's toll on both.

Virtual dealer plug-in

LOL Thats so funny!!!!

I think that you don't have any friends in Forex, however you have a lot of enemies: the odds, the spread, the commissions, your broker wants you lose because they win when you lose, if your broker is a real ECN, their providing liquidity banks win also when you lose and they are clients of your ECN broker, so..., the sharks trade looking for how to blow up small traders accounts, etc.

But your big enemy is your ego, if you learn about game theory http://en.wikipedia.org/wiki/Game_theory you will figure out that in the end, you are really fighting against yourself, Elder for example is a writer and one of the few profitable traders, he scape from the Soviet Union and became rich trading in the US, and what he studied? Yes, psychology.

When trading you have no friends. When you're not trading is when you have friends.

just like poker

hello everyone..
for me, there is a lot of enemy in forex..the emotion..money managment..the trend it self..but these enemy can be our good friend if we know how to control our 'enemies'..