Yes, they are! Even, their main focus on money making only, instead of learning! As a result, traders lose money!

I've never blown up an account, demo or real....

Yes it is! But we need to build up a positive practice I mean, learning from our own trading mistake! There is nothing like shortcut way of learning in Forex!

What do you learn?

Good question, I think, it’s not an easy return in a long run! Basically in Forex, only pro traders are able to make consistent monthly return!

In FOREX, is 10% return per month good enough?

No doubt; it’s one of the most common issues! I see, new traders have a tendency to judge their trading skill too early.

reasons why traders lose

I got your point! Basically, everyone has own plan & strategy; my strategy doesn't allow me to use more than 2% risk.

5% risk per trade?

Well; I am not concern on broker’s business model type! My main concern on their transparency!

Brokers prefer to win or lose ?

Well; if you get an opportunity like 30% even more by 5% maybe then it’s okay! But using this perfect as regular basis is a problem!

5% risk per trade?

Hi; I am interested to know your learning process! How do you learn technical & fundamental analysis of trading?

New to forex Tips and Advice

Exactly, it is! It makes more complicated trading situation like over-trading, over-lots!

100$ -->100,000$ (period: 12 months)

Perfect! Same plan from me; even I think, having a monthly-yearly plan brings more pressure; mental barrier!

100$ -->100,000$ (period: 12 months)

Please, don’t open your next real account until you have a consistent performance in demo! And don’t judge your trading skill too early!

I've never blown up an account, demo or real....

Whatever, it is! 5% is always dangerous to use; since losing 3-4 trades in a row is very common! That means, 15-20% loss!!!

5% risk per trade?

Well; you can use tend line & horizontal line to determine the support and resistant levels! As you know (maybe), support and resistant levels are too much useful.

Money Management, Please help.

Nice to know & I guess; these 2 are the most popular trading pairs on GBP!

The best Pairs to Trade?

Agree with you! In addition, having a proper game plan is very much essential; and no way to ignore the rules of money management!

(binned per thread starter's request) Profit in Forex is IMPOSSIB

Well; GBPUSD & GBPJPY but GBPJPY is my favorite one!

The best Pairs to Trade?

Yes, it is! And, this is why GBP cross pairs are popular to the Forex traders! I am using more than 4 pairs of GBP.

The best Pairs to Trade?

No doubt; back testing is important; and I think, traders should back testing after demo for a couple of months.

How did you find success?

Maybe he is talking about the pro traders; (I don’t know exactly, but according to his last posts).

Has anyone become wealthy from forex?

I agree with you mla; the reality is horrible! Besides, in everyday a huge number of traders starting their journey;

How did you find success?