Sininfinity

While there is truth to it but children are not the only ones who want to earn a lot from a short period of time. There are many from various ages. The thing is there is no shortcut in this business if one wants to succeed then one has to give himself the time to achieve it. It won't be easy. If it was then everyone who tried it would be rich.

This is true. At the beginning I did this and changed several systems because they did several consecutive losses. It took time to accept the fact that losses with every strategy will happen but mistakes were mistakes. Good thing I learned from them.

Yeah. There is a saying that history repeats itself but those repetitions are similar but not the same. Trends can be analyzed in various ways but it depends on individual trader's trading method that how they bring profit from those kinds of situations.

Manual trading teaches us something while robots does not teach us. Only modify it's properties. lol Robots don't let us improve and also can't cope up with all kinds of market environments while humans can. So in the long run robots may bring losses from which one may not recover.

Agree with you. At the end they will be needing a consistently trading plan which will give them profit in the long run. Should be able have a long term vision and the determination to achieve it. The road won't be easy but the destination is worth it.

Thanks for the information. I have one more question regarding cTrader. On MT4 price charts we can drag prices to modify pending orders and SL/TP levels directly from charts. Can this also be done on cTrader?

Well can't say much about account managers. But every field in forex business has it's own difficulty. There is difficulty for trader's side and also different difficulty from investors side. Managers may have their own difficulties but I am not sure about that.

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Well said. I also say similar thing. As long as one has capital he or she is in the game. If one loses the capital then there is no tomorrow to trade the next opportunity. So before gaining always think about saving what you have.

Busy traders should make time and trade at certain time. For busy traders swing trading is suitable because it does not require too much of their time and they can trade any way they want. EA is not the answer.

You are right. Good things does not happen in an instant. It will take efforts from the person's side and then that might happen. Things are never easy with trading until one passes certain stage. If a trader can develop a good trading plan then it sure has the capacity to exceed any expectations.

Trend analyzing is important but understanding both fundamentals and technicals is a difficult thing in my opinion. I have basic knowledge on fundamentals and that's sufficient. For day traders expertise on technical analysis works better.

Everyone is free to choose their own way of trading. I am no one to put it on them. It's just I am not comfortable with robots trading on behalf of humans at all. lol Call it robot trading disorder (I made this up) or something else.

Yeah as long as one survives in this market, there is a chance he can rise tomorrow again but if one deos not do that then there is a good chance he will fall and never rise up again. So traders should always be careful about the risk they take.

We should always have an open mind to learn new things on forex. Forex market can teach us something news every now and then. So adapting those and improving ourselves from those would bring us only good in the long run.

Yeah but there are many who does not complete even one cycle and just run away. So everyone loses in those sites. Where there is something like this happens and also some privileged people get guaranteed money, that is not a suitable place for investment.

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Every trader has his own way of acting in the market. Some like to complicate things when it is preferred to keep things simple. But the end of all things is matters is whether one is profitable or not. May it be complicated or a simple method.

It totally got me confused. lol Where did the pie chart came from among the most common charts?

James 16 is a popular method and many praise it and many say bad things against it. The thread itself is flooded and so I haven't put the effort to read it. Also I heard that James himself is not active in his private site anymore. The supporters are running it. Any update on this thing?

It is only natural that our analysis won't always give us the outcome we expect. And one should not be surprised when that happens. We should consider losses in to our accounts and plan our trades. So if our analysis gives us the wrong outcome then we are prepared for it.