Sininfinity

HYIPs do not invest their money on forex or stock markets. They are just lies and those who invest in those programs also knows about these. And it is preferred to stay away from those schemes. Many even don't complete one single cycle so early birds can get some profit.

Losing temper is common when you are new and also trying to take revenge on the market. These kinds of things does not end well. I have experienced these things but one thing I did not do was not used large amount of lots even I had high leverage and could do so. That saved me several times. Now the market is not my enemy anymore. lol

Mechanical system and later making that EA sounds good but for some reason I am not attracted towards it. I know many are doing profitable trading this way but EAs trading on behalf of humans just does not go with my personality.

Maintaining risk is a must all the time in this business. One can not be careless with his capital. Because if he does then the outcome may not come good for that trader. And if we search then we may find various examples.

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One thing a trader must remember is that the market is not going anywhere. It will stay there when you won't be. So take your time and learn properly. Giving yourself proper time to learn will benefit you in the long term. Just don't set certain time limit for your demo.

We need to be serious in everything we do in forex. It does not hurt to work seriously in this market but if one is not serious with certain things then it will hurt for sure. Demo trading is our building ground for our trading method and if we don't take this seriously then we may never get success in real.

Fibo is an useful tool for me. I use it on my analysis. Don't use it for determining stop losses. I use it for possible retracements and where price might stop. It is a good tool and is useful as well.

Lol. This is something new I am seeing there. I have seen many complains but this is totally unique. What was your position in the contest?

I have never fully used cTrader. But can you tell me more about slippage on this platform? During volatile time (e.g. news time) how do they handle quotes? If there is no price at certain level then what happens to that trade? Does it open or gets cancelled?

Well there are many types of trader. Those who uses other's money and trades large lot sizes does not have any concern for his investors. And just another scammer who tries hit or miss approach with others money.

Reckless trading won't get a trader anywhere. He may enjoy short term profit but in the long run there is nothing but loss waiting for him. So a trader should avoid it as much as one can.

You are right. At one point I also had this mindset. But then learned it won't bring me any good. And I think there is nothing wrong with this. As long as one understands that it will not be good for a trader in the long run. A way to save ownself is to use certain amount which he or she can afford to lose.

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Winning rate depends on how market moves and whether a trader takes an aggressive approach or conservative approach. Are you trading breakouts? If yes, is the 70% you success rate? And which approach do you use?

EAs can be filtered to avoid trading on news time. I have seen many EAs like that. But I don't prefer any EA to trade on behalf of human. I just don't trust them.

I still don't consider being a full time trader and won't be doing so until I reach certain goal I have set for myself. Also I am trying to create other sources of income for me but it is difficult as human beings are so selfish and honesty is as rare as a consistently profitable trading plan. So it is really difficult to build something for yourself.

The indicators mentioned above are indeed common indicators. Also on babypips school they are taught in the indicators chapter. Among them I never found Stochastic useful for me. Others have good uses for those who use indicators.

Yeah they evaluate many things from a trader's trading statement. Their mindset is different. They will see if the trader can bring the investor profit or not. Also they diversify between winning traders that is also a thing they consider on. So much efforts are also put from their part lol.