Don't overlook Interbank FX as well, they offer nano-lots on their mini accounts too. Unfortunately, you will one day have to lose some big money to really understand the Forex. It's just like if you want to become a boxer, you have to get hit in ...

When starting out live, smaller or larger better?

If you are trading non-lots (pennies per pip) $500.00 is plenty to start with.

When starting out live, smaller or larger better?

I am a day trader, who trades on the 1 HR chart. I let the fundamentals lead me to a pair, and then I let the technicals guide me to a specific entry, stop and limit within that pair. For me, it's not about how many pips I can make, instead, it's ...

what kind of trader R U ?

I would like to think that I am at the start of my turning point...but what appears to be a turning point to me, has not been tested thoroughly yet. What I believe to be my turning point, and what may help other struggling traders out as well, are ...

Maybe it won't happen to me ?

Could you be more specific as to what trading systems you have been using? Thanks.

Maybe it won't happen to me ?

Also, as was mentioned, excessive demo trading (trading well after you have found your right system) is pointless. You can't practice real trading until you use real money (sounds oxymoronic, but it's true.) There is an entire dynamic of greed and ...

Good Money Management techniques revealed.

I suspect that the amount of capital you should risk depends on your trading system. The conservative approach to risk (don't risk more than 2% at once) assumes that ALL trading systems see the same amount of failure, no matter what, and we all know ...

Good Money Management techniques revealed.

Also, I disagree that emotions should not be used with trading. The key is to not be OVER emotional in your trading. An EA doesn't have ANY emotions at all, and that's the problem. As easily as an EA can coldly bring you into profit, it can just as ...

Trading Robots

I suppose it depends on your approach to trading. For me, the fundamentals are my starting point, and then the technicals assist thereafter. With an EA, you are dealing with pure technical analysis, which works for some, but not for me.

Trading Robots

Stay away from them. Learn to trade manually, that's the best way. I'm sure others would disagree with me, but I think the market is way too complex for some simple "trading script."

Trading Robots

Thanks, I'll give it a try soon.

How long does it take to learn this method?

I intend to try it. But you know, most people would say that you can't learn Forex in one month. So I thought maybe the same would go for this technique(s).

How long does it take to learn this method?

But why do you feel more comfortable with the hourly or 4 hour charts? If I may ask....

5 minute charts

In theory, wouldn't one want a large segment of the market to go in the direction that he tells the market to go in?

Are all Signal Services scams?

Does having a different broker than your signal service provider prove problematic? The reason why I ask this is because it's well know that brokers have different price action.

Are all Signal Services scams?