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- gabanda replied Oct 12, 2016
Even it's hard, but take your time. It's pretty hard to be disciplined.
How to Become Emotionless
- gabanda replied Oct 12, 2016
If I want to place a trade today for instance..do I then look at what did the chart do yesterday, or when exactly? Not sure how to implement the time frame. Please explain in a simple way.
anyone need help?
- gabanda replied Oct 10, 2016
Firstly let me mention that have I been in the "FX world" for quite some time. Not as a trader though, I have worked with some of the most well known retail & institutional FX brokers. To answer your core question "Who makes real money from forex?" ...
Who makes real money from forex?
- gabanda replied Oct 10, 2016
I been going about 2 Years if you put all the time together and I still haven't gone live, but getting there...
Here's the answer to "Can I make a living from forex"
- gabanda replied Oct 10, 2016
The alternative of this would to use stops however this way avoids risks such as the stop being slipped or the trader making an order entry error, they can only lose a certain amount
How Much Do You Risk Per Trade?
- gabanda replied Oct 10, 2016
Market is unpredictable. You can read a lot of forex books, enter many cources, learn all strategies of trading. And even after all analysis you make the price can go the "wrong" trend. It seems like somebody controlls all this
Why 95% Of All Traders Fail
- gabanda replied Oct 10, 2016
If only that were possible.
In all seriousness though, the best thing that could help me is learning self-disciplineHow to Become Emotionless
- gabanda replied Oct 10, 2016
No I don't flip a coin, and you obviously did not read my tag line which by the way is in BOLD TYPE and as with any system there are periods of drawdown....
Trading forex profitable is impossible!
- gabanda replied Oct 7, 2016
I believe with a good mentor and by using his experience, he will be able to join those pieces for you and provide you with decent training and foundation. After that its up to you to find the information you know and improve from there
No One Should Ever Pay For A Beginner Course
- gabanda replied Oct 7, 2016
i trade high leverage-as high as i can get per my trade risk. But then again i actually have a true defined EDGE. that's why i can trade big and not blow my account
Never Lose in Forex - Guaranteed
- gabanda replied Oct 7, 2016
This is the hardest part where almost newbie traders were fail to apply it. It takes some times to be discipline (and to shape our discipline)
reasons why traders lose
- gabanda replied Oct 7, 2016
anyone can make money in forex, having increased trading skills will allow us to manage capital well. for that, we need to have a good trading skills before engaging in the forex because forex is high risk
Who makes real money from forex?
- gabanda replied Oct 5, 2016
now, in forex there is stop hunting, we could get in to this subject if you want. but to me a physical stop is a bad idea. for black swan events, i am confident i can rescue the position, on a retrace
Real Fx traders do not use stoploss
- gabanda replied Oct 5, 2016
Figure 22 trading days per month (average) and taking 3 months in the summer off and they pull out some spending money, say a million every month should be enough to live in modest comfort.
What is your weekly return?
- gabanda replied Oct 5, 2016
You can relate the losing trader to those who go into any business and fail at that as well, The failure rate of new business start ups is 50% in the first year and within five years time 90% have failed.
Why 95% Of All Traders Fail
- gabanda replied Oct 5, 2016
thats also the reason why demo accounts not work (on emotional aspects) .. because if you blow them up ... it does not hurt!
How to Become Emotionless
- gabanda replied Oct 5, 2016
That's what the stop loss is for. In the worst case scenario one can call their broker by the phone and ask them to close their position manually.
New To Forex and Need Advice!
- gabanda replied Oct 5, 2016
Now the account is king. You want to protect it so I don't advocate risking 10% at all if you are new, or if the account is around even (starting balance), is in the red or only merely in front. My first 10% trade took place when I was already up ...
How Much Do You Risk Per Trade?
- gabanda replied Sep 29, 2016
To be honest, I struggle a bit with the term "strategy". From my angle the strategy includes risk or money management and a few other things. Good entries and exits is something I call a method
What helped you the most to be profitable?
- gabanda replied Sep 29, 2016
the emotions do play a big part for me more so because I feel guilty when I lose money as I know I'll cope an ear full from my other half!!
Is anyone here earning a living, just with forex trading?