When you can launch a bottle rocket out of your ass you're ready to go live. Like this: http://www.youtube.com/watch?v=cfySGyBJxok When you can fire one out of your pee hole you're ready to actually make money trading currency.

Am I ready to go live?

I've had two brokers and out of those two Oanda was far and away the better. 1.5 point spread on the EUR/USD, you can adjust your order size to anything you want, your demo account is permanent, and it trades just like the real one. I'm surprised I ...

What demo account do you use?

I know a pro who speaks highly of netdania. I like them too. I've had issues where their charts just go down for a while and you can't access them. But hey, what do you want for free?

NetDania's Charts?????????????????????

You're right altin, forex is very tough. I can make money at forex fairly easily, the tough part is keeping it. Unless you're willing to fully commit youself to trading then you won't make it. Even then you probably won't make it. 95-98% of traders ...

Very Scary!

I'm sure you've watched Star Wars. Remember when C3PO tells Han Solo the chance of successfully navigating an asteroid field is 5,678,253 to 1, and Solo says "Never tell me the odds." This is a moment like that.

Success or Failure...and for how long?

That's a useful link YH, tnx.

Who's got the past issues of Currency Trader on .pdf?

People say forex is tougher to trade than stocks. I've only traded forex so I can't compare them. In a sense forex is riskier because you have leverage. Leverage in forex can be anywhere from 20:1 up to 400:1. Trading stocks you can trade on margin ...

Forex or stocks, which one is more risky

You can watch Bloomberg on the web for free at their website. They announce the numbers. It seems slow to me though, they're always at commercial right at 830am. I think paying for a newsfeed is prolly the best way to go.

Non-Farm Payrolls 1st of SEP

Don't be a pussy, take your stops off.

Any way to "protect" your positions from the news?

cool

A Popular Forex Trading Strategy (MA based)

You guys speak so highly of James16 that you make me want to sign up. I'm going to have to check research this more.

what is james16 forum about??

"Today's high rate of European unemployment reflects structural problems rather than inadequate demand." It means Europe is in economic stagnation because thanks to their welfare state utopia they have too many people riding in the wagon and not ...

Structural Issues?

To me "structural issues" means there's a problem with the way something is built. What's this in reference to?

Structural Issues?

Well said.

Forex Career Profile

Ya I can see that. I've got a scalping demo account that I mess around with.

I love demo accounts

Im down. Just got to figure out how to use it.

The Napster of Forex

Reading about all this beginner's luck sparked my memory of my first trades. Most of my first trades were winners and my account was up 30% in less than a month. From there I blew up my account over about a 6 month period. It went something like ...

Beginners have faith! fast progress is possible

My family doesn't really support me trading but they don't interfere either.

Family Guy

Great article. Thanks

Enjoy the Obstacles, by Dr. Van K Tharp