Most brokers factor in that there will be some traders who will ultimately be successful. If you make consistent money the broker will be alerted and they will determine ways in which to manage your account. If there are a reputable broker they will ...

If you have a profitable system, will brokers sabotage you?

Interesting thread, look forward to future reading, keep it up!!

What should you be doing?

You cannot control slippage, it is at the brokers discretion. If you want to try and avoid it, trade during times where there is not high volatility. I don't think your concern is slippage, your concern is when liquidity dries up and your broker ...

Avoiding slippage such as the EURCHF crash?

Moving Averages are important because they help identify the trend and so many of the institutions and hedge funds use them. Those guys ultimately move the market so getting on board with them must be a good idea!!

Why moving averages are important?

The quickest way I believe to become a professional is first of all copying someone who is. That way you can make money whilst learning. Once you have learnt the theory and what it takes to become consistently profitable you can work on refining a ...

Best forex market strategy or theory I should use?

If you have to be watching your screens all day I sympathise with you. I was always in an office environment when I had to be at my desk all day so it was probably easier as I could chat to others, tell my mate to keep an eye out and when priced ...

what do you do while waiting for a good trade ?

I trade on average 2-4 times per week. Most of what I like to call 'trading time' is spent analysing charts and managing trades. I have learnt that more trades doesn't necessarily mean more money. My return is anything between 20-30% a year. The ...

How often do u trade?

Hi Forexpcb It is good to be confident and I am not going to question your intention on making that type of return. I have worked at a broker and I can assure you that if you double your account in the first month they will set an alert on your ...

Would Oanda Cancel My Account if I Doubled it Every Month?

Trust me always use a stop loss. They are your friend not your enemy! If you do not use a stop you can easily get a margin call even if you are only risking a small amount. Large moves in the market can come at any time and they do not wait around ...

Do you use stoploss?

Hi hamedmohd I have had the pleasure of meeting Bob, he is a nice guy and has had a successful trading career. I do not scalp but I have read his book. It is a good book which describes in full his strategies and how to implement them. The key is ...

Found a book in my library, has anyone read this?

Without wanting to plug any website babypips is a good place to learn for free. Take the course and you will learn everything you need to know to get started. You don't need to know a great deal to trade and be successful regardless of what people ...

Work Vs Trade

Ha ha Yes I understand!! I guess what I meant to say was that most people with a 9-5 job trade off larger times frame, swing trade and only take a few trades a week. Whereas those who have time to trade full time, day traders, sclapers watch their ...

Work Vs Trade

Yes I agree moonshot diversifying is a great way if you have the resources. A 9-5 job like you said can be more emotional than the trading itself, one should always try and be in a clear state of mind when trading.

Work Vs Trade

Most people learn more from losing than winning so try to understand why you blew your account and become a part trader as a result. In your case if you really want to trade but have not got the time to learn, find yourself someone who is already ...

Work Vs Trade

The fastest way to become successful is to copy someone that already is. Find yourself a mentor. Follow their trades whilst learning the strategy. This will allow you to make money whilst you learn. Even if you break even at this point you will be ...

LOST 7K$ in one week, help!

There are number of factors which should decide how many trades you take per day. Do not make the mistake on chasing trades and looking for opportunities, let the markets come to you. You should not have a goal of making x amount of money or x ...

How often do u trade?

From my experience the most successful traders have been the ones who also have a full time job. Why? Reason 1 - The are emotionally more stable. They do not rely on an income from trading, have less pressure and ultimately make better decisions. ...

Work Vs Trade