yup, most traders (even the experienced ones) have tasted the taste of Margin Call. Its a smart move to follow the advice of those who has been in the trade. Don't forget to also keep your emotion in check, in time you'll gain more confidence to trade better.

Yes there are but mostly only scalpers get these kind of numbers and it takes about 3-4 hours per day of trading to do it. Funny thing is most people think of FX as an investment, meaning put in money and hope to get some returns in the future.

NO. FX is not investment. It is TRADING and it takes effort. Like any other goods trading business out there, you are attempting to buy low and sell high to make a profit. The more trades you do, the more profit. Just like any other business out there.

Lets take 20 trading days per month (easy to count). To make 50% per month, you will need 2.5% per day. If each trade you risk 1 percent with SL at 10pips (meaning every 10 pips is 1%), all you need is 25 pips per day to get your 2.5%.

For a scalper, 25 pips is not difficult to get, esp in Malaysia as we get to trade the London/US overlap after work for at least 3-4 hours before we go to bed.

If you can't find 25 pips in 3-4 hours of trading the London/US overlap, then whatever system you are using is not working.

Are you just doing selective reading? Did I say that I will banned you for not agreeing with me? Anyone else here agree with him that I will ban anybody who does not agree with me? How can you even disagree with something I did not even say?

Why you guys just quoting me out of context (if you don't understand what out of context means, it's you saying the advice is a joke for new traders which I never said it was for any new traders). Damn you guys are getting sensitive?

This does not look like a joke to me? http://www.forexfactory.com/showthread.php?t=210461

Again, I'm not asking anybody to agree with me. I'm just asking for people to read. You can disagree with me, just don't bloody quote me out of context. Start reading properly.

As a staff, I've been given the authority to ensure that people read the topics before they reply. Spammers don't read, they just reply. They get the vacation. Trollers don't read, they just post anything they want. They too get a vacation. People who does not agree with me, I don't give a damn about those. There's plenty of them in the forum.

Your opinions are noted but nobody made you the authority in forex here. I have people who will agree and I will have those who disagree. Just like any other topic in lowyat.

Seriously, if what I'm saying, making 25 pips per night is impossible, how are you to justify your holding of 700 pips? How long have you been holding that if you think that making 25 pips per night is impossible? The difference between a scalper and an long term trader is just the size of the lot, the stoploss and of course the duration of the trade. The concepts behind is still very similar, just that the time frames are different.

Now I'm not even sure what you are trying to say? Are you saying that making 25 pips in one night is impossible and a joke or are you saying that as a trader, making 25 pips per night is a joke when trying to make money (I know there are those who frown upon scapling as a way to trade).

Follow trading system....if system ask u hold, just hold, or else just close position. Btw, anyone know why? I didn't read news lately, please share.