Maybe because we are trading on our own according to this pro....lol..;)..
https://www.youtube.com/watch?v=SxhoGSvcRRg
~02:10 mins : trading on your own is a gargantuan task...it's a brutal brutal exercise. All you can do is find out if you like the idea..I think it is very difficult to...
In Forex trading each outcome is independent of the previous outcomes. For example, if I have 10 or more loses in a row it does not mean that the probability of a win is higher on the next trade.
Therefore, the Martingale is not a good system to use on Forex trading.:)
They did not work very well for me but that's me. If you check here: Forex Justice - FXCM Signals you can see that some traders used them and swear by them.
Your best bet is to open a small account - I think you can open an account with just $25 but better ask them first on the live chat -...
My understanding is that s/he is already 5 months live after 7 months practice on a demo. However, for me 5 profitable months is not enough to tell if a trader is truly successful; sometimes it's just mere luck.
I hope this person is truly successful though as this would give hope to a lot...
You may like to add this book:"Trading for a Living by Dr Alexander Elder" to your Forex arsenal. There are a lot of useful things about individual and mass psychology together with all the technical analysis as Dr Elder, apart from a trader, he is also a psychiatrist. This is the best book I...
This is an unusual signal provider:
Please click ->> Forex Signals Factory - Signal Factory.They send signals from traders trading live accounts with their own money.
As you can see here: Forex Signals Factory - Performance, monster live is doing exceptionally well; better that what I do...
I take back what I said about Joel Kruger. He is not arrogant at all. He does not reply to twits as he does not want to interrupt the stream. He did answer all my emails and he is very nice and helpful but most of all he is a trader genius! Two days ago he recommended buying the Eur/Nzd around...
Another thing I would suggest is to follow some good traders on twitter. Of all the traders I followed the best is Joel Kruger: My Blog*|*JKonFX. He used to work for Dailyfx but now he is trading for himself and I can ensure you he is doing very well. I've learnt a lot of things from him and...
Fxpro:Forex Trading | Online Currency Trading Broker | Foreign Exchange Market | FxPro.com
and FXCM: Currency Trading Online from the Leading Forex Trading Broker FXCM
I have been using both brokers for about 2 years now with no problems at all. I like Fxpro for the tight spreads and FXCM for...
You may lose/win a few K at first you may blow an account(s) you may not and so on. That is the nature of Forex and that is why it is classified as gambling in the UK and wrapped under Spread betting so, just like gambling, you don’t pay tax on any profits.
Whether you win or lose at first it...
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