Control Your Emotions in Trading !

[Control Your Emotions in Trading !]

I just take the silly approach not to take negative trades personally & take a break when trades are not going my way. Sometimes just taking a step back & not adding extra pressure on yourself can make a difference in getting back on the winning track.

[After a Bearish Report, Crude Surprizes to the Upside]

I have a buy stop on Crude March Futures at 95.20. The 95 level has seemed to be the biggest test as of late!

[EURUSD Discussions]

I am currently staying away for the time being, as the pair has been unclear with what direction to take. I'm waiting for a clear break above 1.3700 on the upside or 1.3550 before I enter a proper trade. Does anyone suggest any trades to look for between the levels I mentioned?

[Gwazy Anyone??]

Hmm,let's see.Based in Cyprus ...great start:roll eyes: Windsor Brokers...nice respectable sounding English name....hiding in Cyprus.

FX $100 accounts....looks like they intend to cater for the 90% Yeah,that's what I call customer orientated service.

How many FX brokers in the world?,and you with just one post on here,have selected this one.

I dunno,something ain't right but I just can't quite put my finger on it.:hmmmm:

 

Let me know it doesn't work out.I know a great broker in Zimbabwe.You only need to give Mugabe 60% of your winnings.

 

 

Hi Mitsubishi, thank you for your comment, I hope we have a client out there who have an experience with Windsor or A Cyprus based broker.

 

But no offence, I wouldn't trust a broker in Zimbabwe, I don't think the regulations there is strong "my opinion".

In addition many good brokers are based in Cyprus so there must be a reason why every one is going there, not to mention regulations in Cyprus as a European country.

About Cyprus, there was a financial crisis there as I heard, dono how it affects the FX business there.

 

Still waiting if any trader can give us a non-bias opinion about the company and the country.

 

Cheerz

[Is Scalper Better Than Day Trader??]

Hello,

 

Do you mean that the broker doesn't allow scalping, or that you had little success, and would like to blame the broker rather than the method you employed?

 

If you're talking about pure scalping (buy bid, sell ask), then then the interbank spot fx market is the very last place to try and do this - you can't see any information about the order book (because there isn't one), so you have no idea how many orders are queued behind you, at what rate active participants are prepared to cross the spread etc.

 

Kind regards,

 

BlueHorseshoe

 

I tried with an EA & it seemed I never got the price that triggered the trade, but what you mentioned above makes sense. I just avoid it now.

[Is Scalper Better Than Day Trader??]

I found that most FX Brokers do not tolerate scalping, even though they say is acceptable. I tried it using an expert & I saw little success. I have to agree with the others, that day trading is more effective in the long term, provided that you're willing to take the time to analyse the markets.

[EURUSD Discussions]

This should be a good week to evaluate the EURUSD as its hasn't been able to clearly break the 1.36 level. I think dropping well below 1.35 is very realistic with the amount U.S Data that will be released. The big question is, will the data only influence short term on the pair or will the trend reverse going on to next week. On the down side 1.3465 will be a key level to look out for at its a sturdy support & a clean break above 1.36 should push it back to Oct highs at about 1.38 in the near term.