Sininfinity

You are not clear in your reply. What you found confusing? Does demo trading confuses you? Then imagine what will happen if you are using real money instead of virtual money.

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Well I am not successful and so my comment may not contain any value but all three kinds of analysis are not necessary. Most people you will find are weak in fundamental analysis and some are good at sentimental analysis. But most are relying on technical analysis.

Well don't disagree but a trader has to understand how compounding can help them. Also compounding works better with a high winning ratio strategy. A good money management strategy can dramatically increase profit. Don't know how traders handle compounding but at retail level traders have to be very efficient in my opinion.

Well I don't agree with you. Newbie traders should try different things so they can find out their trading personality. If you say no in the beginning then one type of trading is not being explored and a newbie trader may not learn something from there.

Well at beginning all traders find scalping attractive because of quick profit they get from the market. But there are many factors that comes in to play when choosing which method to follow. My trading style is suited for day trading and from there I can make some positive pips. And traders should also look for what is profitable for them in the long run.

Dan Bizlirian or something like that is one of the gamblers who is successful. I don't do much searching on gambling but I have read that many made a fortune by gambling. Also saw some documentaries where some old school gambler giving suggestion and talking about probabilities. Well there are similarities but similarity and same has difference.

Call it a bad habit but I am most comfortable in using the FF calendar. Most forex calendars out there uses fxstreet calendar feed if I am not mistaken. But FF calendar totally gives different experience than those others.

It is true. There are some marketers who try to teach few basic things about forex and tell them to trade. I have seen these things happening in past. And time to time still see one or 2 posts like those that you get rich within a short period of time. But the truth is as you said it will take time.

Altcoins are correlated with bitcoin so it follows bitcoin price. As one of the members said it is related to arbitrage so that can be one reason for price to change rapidly. But at the same time the transfer time of bitcoin takes a lot of time, so I wonder whether the opportunity exists by then or not.

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Someday ^this small fry will be a big fish. Well I myself don't get 1 trading signal everyday. In fact I don't look to trade everyday. I wait for opportunities to arise and then enter the trade based on what my charts tell me.

Very true. Traders need to look at the bigger picture and I am not saying stop chasing short term gains but focus on long term gains. Over time it will give traders a good reward if they do. But they should have a plan.

Those who trade based on statements use some sort of skimming robots for entry if I am not wrong. Also during those times market does not make single directional moves and may trigger both sides of stops and then choose a direction.

Fundamentally can't say much but technically it looks to me that the Euro strength is diminishing and bulls are getting exhausted. It can start a downtrend or at least a big retracement.

Excellent point made. A trader does not need to have a huge balance to start trading but a trader can turn a small investment in to huge with a proper trading plan which brings positive pips. If a trader is new then he or she should focus purely on learning and nothing else.