Hey guys, I'm really interested in learning forex. I traded once when I was 18, lost GBP 6k. Alot, i know that why bouncing back up now and start from scratch. Anyone can teach?

Hey guys, need your opinion here.

I've been demoing on and off for 3 weeks, 98% of my trades are profits. Currently been trading for long hours (2-3 hrs) coz i have time now. Been profiting $500-$1xxx per day (how i wish its real money!). Demo account startup is $2k.

Technique I've been using is what comes up must go down and vice versa. I always check the M1, M5, M15, M30, H1 & H4 charts before deciding to buy/sell or wait. Looking at forex news sometimes, learning fundamental analysis (but still shady on it). Basics of what deflate/inflate a currency I'm pretty familiar about it.

Here's what I think is a big problem to all sifus there. When I buy/sell, I have to wait for about 30 mins from losses (sometimes 2xx pips and I buy again there ) to be profits and I take at least 15 pips till 100+ pips of profits depending on what all of the chart says.

I'm a total noobie. Should I start committing into real money?

This post has been edited by Spencer Hastings: Aug 20 2013, 04:07 PM

did 16 trades today got $927.35 profit. What buy and buy/sell and sell tactic? not really, i look at charts and news to predict outcome. leverage 1:100. average 56 pips per trade, some 100+ - 200+ some 20+.

This post has been edited by Spencer Hastings: Aug 20 2013, 06:02 PM

how so?

?

USD went the other way round. Should've listened to my gut. Reports from New York session back USD but its not doing good esp for EUR/USD pair.

No i'm still trading demo and it hurts alot lol.