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thinking of starting this thing once again

  • #1
  • First Post: Apr 13, 2014 5:35pm Apr 13, 2014 5:35pm
im thinking of giving forex one more try. what do you people think?

what should be my starting bankroll?

which pairs are hot?

thank you
The risk is what gives value to an investment.
  • #2
  • Apr 13, 2014 7:59pm Apr 13, 2014 7:59pm
Your questions lead me to believe you are relatively clueless about trading. Don't put one cent of your real money into a forex trading account until you have a trading strategy and trading plan. Good luck.
  • #3
  • Apr 14, 2014 12:53am Apr 14, 2014 12:53am
Quoting Winston Reed
Your questions lead me to believe you are relatively clueless about trading. Don't put one cent of your real money into a forex trading account until you have a trading strategy and trading plan. Good luck.
LOL. Straight to the point.

3 cent, better use a good chunk of your bank roll on education or you are gonna loose every bit of it
  • #4
  • Apr 14, 2014 1:01am Apr 14, 2014 1:01am
Quoting 3cent
im thinking of giving forex one more try. what do you people think?
Why not, no one can stop you from doing anything, you may succeed this time.

Quoting 3cent
what should be my starting bankroll?
Money you can afford to lose.

Quoting 3cent
which pairs are hot? thank you
You joined since 2006, I think you should be experience enough to know this.
The only winner is the one who survive the longest...
  • #5
  • Apr 14, 2014 6:40am Apr 14, 2014 6:40am
Quoting 3cent
im thinking of giving forex one more try. what do you people think? what should be my starting bankroll? which pairs are hot? thank you
You shouldn't give up, especially since you WANT to try again (that's the impression I get), but a little piece of advice from a newbie in Forex but experienced in life :if you are willing to try again, make sure you do things differently- if you want different results from previous time...otherwise you'd get stuck in the loop... I guess what I'm trying to say is- this time first educate yourself on the subject, you can find all sorts of answers to your questions on these blogs... If you go step by step and you really want to succeed in Forex you will achieve your goals, I'm sure
  • #6
  • Apr 14, 2014 9:33am Apr 14, 2014 9:33am
Hi,
I don't think you should jump straight in with real money. Trade on Demo accounts first? Focus on a trading strategy until successful?
Being successful takes a long time and a lot of effort!
  • #7
  • Apr 14, 2014 10:27am Apr 14, 2014 10:27am
thank guys

trade try 1

14apr 11:25 am est
#122898771 sell 1.00 EURUSD at 1.38159 sl: 1.38320 tp: 1.37800
The risk is what gives value to an investment.
  • #8
  • Apr 14, 2014 7:51pm Apr 14, 2014 7:51pm
Quoting 3cent
thank guys trade try 1 14apr 11:25 am est #122898771 sell 1.00 EURUSD at 1.38159 sl: 1.38320 tp: 1.37800
Good luck. I depict you will hit sl earlier than hit tp for this trade. But well i might be wrong.
Learn to Trade is Important. Keep your bias & ego aside.
  • #9
  • Apr 15, 2014 9:44am Apr 15, 2014 9:44am
Quoting 3cent
thank guys trade try 1 14apr 11:25 am est #122898771 sell 1.00 EURUSD at 1.38159 sl: 1.38320 tp: 1.37800
Am cheering for you, hopefully you didnt get stop out by the recent spike up.
The only winner is the one who survive the longest...
  • #10
  • Apr 15, 2014 1:58pm Apr 15, 2014 1:58pm
i am really good , the spike went to 1.3833 and my buy sl was 1.3832

i mean i can gauge the forex price of eur/usd to a pip.(read one single pip)

going on
The risk is what gives value to an investment.
  • #11
  • May 8, 2014 5:30am May 8, 2014 5:30am
You can trade forex again and do not feel discourage, there is no exception. Trade with a demo account first, (7-8 mounths), understand the strategy first before opening a live account, invest with little money. Do not invest with money you cannot afford to lose.
  • #12
  • May 8, 2014 7:45am May 8, 2014 7:45am
Quoting 3cent
im thinking of giving forex one more try. what do you people think? what should be my starting bankroll? which pairs are hot? thank you
I liked your tone.
All human being are Children of GOD - Thanking GOD for everything.
  • #13
  • May 8, 2014 8:30am May 8, 2014 8:30am
Start on a demo account until you are proven to be profitable.

Otherwise you are wasting your time and money again
  • #14
  • Last Post: May 30, 2014 11:23pm May 30, 2014 11:23pm
Quoting 3cent
im thinking of giving forex one more try. what do you people think? what should be my starting bankroll? which pairs are hot? thank you
Why did you stop trading in the first place?
Would you say that you are a 'seasoned' trader, or a noob?

If it's the former, start with a bankroll that you can afford to lose. On the other hand, if you are a beginner trader, start trading with a micro account. Practice good money management.

Which pairs are hot? It depends on how you trade. I am trading EURJPY and cable. Which pairs were you trading last?
"See the ball. Hit the ball."
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