Scrupulous bunch url url

How can such a huge market be manipulated?

Yes. Funny how my live accounts never perform as well as the demo but at least I get the trade in. I use limit orders and when I was trading off live, many a time, price would go straight through it, reverse and not hit, or miss it by ...

I plan to quit forex!

When people say that they are profitable in demo but not live, I think there is perhaps an over emphasis of the psychology element, probably peddled heavily by the brokers. I have always tried to say, maybe it's not you.... well, now the truth is ...

I plan to quit forex!

Open a live account with RoboForex. Compare it side by side to your current broker, Oanda. You will see. Oanda are US regulated. They will be spot on. Not all regulators are the same! I'm not telling newbies they can't win. No one has to listen... ...

I plan to quit forex!

I didn't know about that. This is a cat and mouse game. Each are thinking of new ways to outsmart the other.

I plan to quit forex!

This is just one example. I'm sure there are plenty of people with worse stories to tell. url

I plan to quit forex!

You seem very insistent that I am seeking revenge because I'm a loser. For the record, I am a woman and I don't suffer from bruised ego issues. I really don't care. If it bothers you that much, I'll join you on the loser's podium, but really I have ...

I plan to quit forex!

That's a very aggressive attack. You must be quite precious of your current winning streak and spit venom at anyone who you think may be pissing on your parade. Well hardly much to brag about is it? I never said Forex was a scam. I never said it's ...

I plan to quit forex!

I have been watching this argument for a while and I think Mingary has a point. Now before you all shout loser at me, we should stand back at look at the facts. Retail traders are bottom of the food chain, fact. Most brokers are MM who earn when the ...

I plan to quit forex!

I trade very similar to GD nowadays too. I used to trade more traditional PA (like Nial Fuller stuff with fibs) but these days I prefer to be in and out rather than hang around risking getting slaughtered. But, trading like I used to has helped me ...

I plan to quit forex!

That's where your focus is all wrong. It's all centred on greed. Forget $ and just focus on keeping your PF up consistently.

Emotion - the biggest weakness of the trader

I guess then psychos should make good traders..... It's not that complicated! I just place my orders then clear off to the gym / go for a run / go shopping. It's either win or lose and if you have the confidence in your strategy, you know you will ...

Emotion - the biggest weakness of the trader

Have you ever tried explaining it to a child? Not a teenager, a young child? Firstly you have to explain what currency is and why the prices change (supply / demand), then do a crash Maths lesson in decimals and long division using decimals, because ...

What's the job title when working as a retail forex trader?

Ha ha ha, I have to remember that one! Serves them right for being nosy.

What's the job title when working as a retail forex trader?

There is a law of Physics which is applicable inversely....... F=ma. That is, the more people that jump on (mass), say a fast moving train (acceleration), the less force there is to continue So, don't jump onto a fast moving trend with the ...

Does it make sense to think of price movement in this way?

No, no, no! Don't trust your money to anyone. Do it yourself! There are no shortcuts, no spoon feeding, but plenty of free resources. Go and learn it yourself. To be successful, you only need to find one niche or peculiarity in the market, which ...

I plan to quit forex!

Successful systems don't exist but successful traders do. The market is ever changing; what may work one month may not work the next and the successful trader will adapt accordingly to the market conditions (which could mean staying out). No system ...

I plan to quit forex!

I have been trading long enough now not to be affected by the emotional or other differences between live and demo. Anyhow, the way I trade is set and forget, meaning I use pending orders to enter with fixed SL and TP, so the trade will either go ...

Who makes real money from forex?

I have spent a lot of time comparing accounts with different brokers side by side. If you did the same, you would be shocked. There are many ways brokers manipulate: with increasing spreads to take out your SL (especially if you have it at a fairly ...

I plan to quit forex!

Good grief, do people use their savings to trade, especially if they don't even have a proven track record? Maybe I am being a bit naive, but I always thought it was a given that you only trade with money you don't care to lose; the money you would ...

I plan to quit forex!