This is what happen to newbie.

Let me explain this way,
Forex is the "pond" built by BigBoys (bank, hedge funds, fed & etc), and we are the "fish" that lives in the "pond".
In order to win money in trading, some one has to lose money! (This is fundamental rules)
BigBoys throw out their "fishing nets" everyday to catch "fish".

"fishing nets" = traps.
98% Retailers fails in forex.
only 2% succeed in making money.

BigBoys buy low, sell high.
And what happen to us is, trade during the trend / almost end of the trend.

Look at all tf and build your analysis!
You cannot know what BigBoys doing just by looking at 1 tf.

Pippin ain't easy, I can tell you truthfully I'm just like you at the beginning and I burn myself twice.
If you want earn money in the trading game.
I suggest you trade demo first until you can consistently make profit.

I always repeat this,
1. learn money management, risk only 1% to 4% on each trade anything beyond that is gamble. (this is the only thing that protects your account)
2. control you inner demon aka GREED. No greed is always green!
3. find a most suitable strategy for yourself!
4. demo demo demo and master every piece of the 1-3.
5. dont envy how much people made, but use that as pushing fuel for yourself to become one!

I spend almost 2years to just achieve what I have today, just a small result to my target, but I'm happy with the small result from what I have been working out days and nights.

Forex is not a fortune tool that makes you rich after 1 night.
Those advertisement is just misleading and bringing false hope.
And is not suitable for everyone.

Forex is their game, they are the one manipulating the market.
Is just like stock, where deals is clearly there.
BigBoys can check how much of retailer short/long at certain price.
In order for them to win money, we must touch SL/Close in negative.

What is liquidity? Is when they deceive retailer long and they short, or they deceive retailer short and they long.
The more retailer is deceived to long the better the liquidity for bank to short.
The more retailer is deceived to short the better the liquidity for bank to long
In order for 1 to buy, the other must sell.
Hope you get the idea.

Just add in information on this....

One loses one wins.... Half right half untold...

Forex is based on virtual and physical...

Those virtual at the end goes to market maker...JpMorgan Citibank HSBC Rothschild etc

Those physical mean when ppl go holiday, buying imported goods, loan between countries, stock and bonds, currency settlement etc  also goes back to those market maker...

Once u exchange currency, u lose in money value transaction.. All this is economics macro..

Hope all understand this as why banks also involve in both virtual and physical forex

My broker do provide official receipt which bank took the order.
Is really depends on your broker.

i am using Fxcm,
any comment on it? 

Although what you said kinda makes sense, but still I encourage people to go demo first, then micro account.

indicator?my chart always clean..
only ema62/trendline/key resistance and support ftw 

No link to that...

So far 5-6 in the group...

Ratio trade 10 times 8w:2l

Control MM...

EMA62 is an indicator. LoL

Ok ok, joking only. Mine a bit dirty, 4 SMA with S/R. That's it.

scalp between 10-15pip for 1.5k below... lose normally is mean that day break even..

just now , i studied EUR/AUD graph ..and it is bear all the way ... daily chart has supported my word on this .

happy trading

9pm till 12am.. The loss is based on price... But normally.. It's about less than 3% of total trade that day..

Capital is Usd 1k

It a normal logic calculation..win more than lose....MM higher than lose...

If 1k capital... 0.5 per standard lot.. 15pip is around 75buck.. So it's good enough..

Likely seems we have stronger AUD now. Target at 130 pips achieves, instead of exit the position, probably it is better to activate a trailing of 50 pips, might keep the profit running. Wondering it will build another Lower Low below 1.465x, before building another Lower High. If it does, seems it will continue pushing the price to another low easily to 1.432x… 

Ok.. Here a question and just ponder on the question itself...

Y does a professional forex specialist that makes a lot of money still need funding from public or investors? Why can't they themselves make the money? This question normally goes to fund managers..

I got the answer.. But let's see who got the right answer..