Why People Think Forex a Risky Trading:S

[Why People Think Forex a Risky Trading:S]

tenfold, every year thousands of new gambers go to las vegas with a system that is based exactly on money mgmt and every one of them lose in the end. Of course money mgmt makes you lose slower.

 

But in trading money mgmt is of course necessary, but the most important thing is, and will always be: to have a winning system that gives you an edge in every trade you take.

 

I certainly agree there has to be a winning system. Well i guess is a mix of the 2, good system and giving enough money management 'time' for it to work.

[What is Your Biggest Weakness As a Trader?]

Are you successful now? How did you overcome yourself as your weakness? There must have been a turning point when you said, "Aha! I've got it now. This is what I need to do!"

 

Please elaborate what weaknesses do you have in order to get rid of it?

 

There is this little imp living in me, his name is Greed.

 

He ask me to stomach positions bigger than i can afford.

 

He is very bad.

[Why People Think Forex a Risky Trading:S]

I think the qn of whether something is preceived to me risky or not has to do with money management.

 

I think if there is no money management, everything can be risky.

[Discourse with Fellow Traders, Not Co-workers.]

I work as a dealer and some colleagues wouldnt even put their money at risk, or even put their money where their mouths are.

 

I can totally understand how you feel.

[Introduce Yourself Here - Don't Be Shy!!]

i sell insurance.

 

i sell in the money binaries and buy out of money binaries.

[Introduce Yourself Here - Don't Be Shy!!]

Hi,

 

Wow how did you turn $300 to $10000 ? Lucky rides? or a system or ?

 

I definitely do have a system.

[Introduce Yourself Here - Don't Be Shy!!]

Hello everyone,

 

I happened to stumble on this forum and I think this is an awesome forum with alot of shared experiences.

 

I am from Singapore, work as equity dealer and trade binaries primarily.

 

I *think* I know how to trade, however i have very very bad money management. In my recent history, I have turned $300 into $10,000 in a matter on 30 working days, and i have also more in a single trading day.

 

I would like to gain a mentor of sort so as to refine and sharpen my skills. Cheers.

 

tenfold