Hi forex traders lowyat, I just started forex 2 weeks ago and still consider newbie level. Been reading many forum and testimony from experience forex trader earn big sum money and then lost it all and start from beginning again due to greed. I constantly remind myself not be greedy and just finish for the day after getting 30 pips following my friend advice.

Somehow i nearly able to double my initial equity yet i don't feel confident and forex is seems like guessing market news and buy/sell the right timing but with higher chance of winning than casino. That's what my thought of forex.

@zanmai
I read that you are a full time forex traders, may i know your targeted pips daily and your targeted percentage win daily? =)

May I know how do you trade mostly? open position base on news exact time release? Or do you open position using your own method by reading the graph analysis?

Hahaha! Good for you able to turn around from bursting chapter into successful successful chapter. I guess if ppl able to trade successfully with smaller lot size, they too can trade bigger lot size.

I guess.... problem start when the feeling of successful / greedy in trading forex, they increase lot size and if the running trade amount range fluctuate from -$1000 or -$2000 will eventually panic them emotionally.

You must be emotionally stable and tough to trade daily 2k - 5k USD to reach 100k USD per month. hahaha!! Damn!!!

Preserve and protect your equity
Preserve and protect your equity
Preserve and protect your equity
Preserve and protect your equity
Preserve and protect your equity

haha. Don't have the seriousness feeling when trade demo. I prefer trade with 0.01 lot size in real account and do testing from there.

This week the market trend currency behavior very different from the past 2 - 3 weeks for me.

I believe many traders waiting for greece news outcome only enter the market actively.

btw, i did have a cup of coffee with zanmai. He shared me his experience and we exchange our trading technique. Zanmai also give me some valuable advice too.

Sorry for the misleading message, that small piece of advice of yours i apply for myself, did help me improving my own techniques bit. paise paise!!

I am still newbie here. Don't even know how to differentiate between technique and advice given by people. hahaha!! Happy trading to you too.