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  1. Here my forex experience Its true that FOREX is unique income opportunity that no other business can match, in as far as income potential is concern.That is why there is a lot of individual who jump on the bandwagon, hoping to benefit on this field. But on the other side of the story, there is a very high percentage of trader losing money in FOREX. In my experience, it took me sleepless nights doing research and hundred of hours reading Forex e-books. But the most important thing I found out about this market, is not about the technical aspect, winning FOREX cannot be achieved by just having a good trading rule or indicators, of course you need to learn all of this, but the one that will determine success in Forex is about how you will control your emotions, have self-discipline, patience and consistency. Its a matter of how you will control yourself while in front of your trading platform.
  2. Has anyone had any experiences with "Point and Figure" charts? I've seen some interesting videos about it, albeit from people trying to sell the system. I tried to do some research on it, but am having trouble finding "independent" information. Anyone on here know anything about P&F? Regards
  3. Hi all I am looking for a high leverage/low margin req. broker where i can trade US stocks (it should have all the stocks, not just 20-30). The best one i could find offers a 10:1 leverage which is really low compared to the 100:1 or ever greater that i'm used to when trading forex. Hope you can help, Thanks
  4. We cannot look on the faluire side while trading. you need to look on both the side. people forgo the chances of losing when they keep the track on the potential of trading to win billions and millions in short time
  5. Exactly Forex may be the most appropriate market stuffs to be played by the beginners. There may be less choice other then forex for beginners
  6. Read this article ..Its the best and easiest article that had explain support and resistance Support & Resistance Basics
  7. There are different platform in market which allow you to trade with paper currency until you build up the confidence and get equipped with the platform. Butt his decision depends entirely on the fact that What type of trader you are ?
  8. Yes 5K is not suitable amount to trade during day ..you must at least get $20K to trade in order to get proper ratios.
  9. well its better not to trade in weekend . why to miss the favorable time to trade and trade during odds ? it better to give this off.
  10. Try google and this links may be helpful for you to know more about forex
  11. Search this forum and read posts about forex...have a lot of Patience and keep trying new and new ideas
  12. Well i tried the link but its not working. could you update the new link if possible after all I am searching for the resource of this kind.
  13. well trading may be related to gambling in certain cases but its different from gambling. In gambling you won't have fixed strategies and perform swot analysis but here you do. You cannot gamble on basis of technical and systematic ground but you can trade on this ground. So there is a gap.
  14. yes psychological and emotions really effect the trading. Special we may be the victim of escalation de commitment ; entering into a false decision and continuing it even after we know it . But what about the suggestion of entering being fearless and entering the target ?It might cause more loss ....
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