Using forex(dot)com demo

Oh i see. So far from what i gather, you guys attempt to trade forex just using TA?

Do you know TA is not 100% accurate most of the time?

From my experience, its the character of the trader and how he manages his emotions are more important than all the stochastics, rsi, etc etc.

I don't have time for classes, and even if i do give advises and tips, it will be very seldom. After all, one must accept losses before he can actually thread water.

Of course we know TA isn't accurate 100% of the time. But as a noob I assume that's where I should start first right? And get the fundamentals correct.

Total for this month so far +153 pips.

Hopefully it'll be consistent and not go negative. =.="

I'm a simple man, i believe in losses and winners. But if one cannot control his emotions when facing losses, i would have to recommend he is not suitable in forex.

Forex is like gambling, you are basing on assumptions, on different people's view, on expectations. Is the market perfect?

That's why there are losses, because YOU might assume your THEORY or your BELIEFs to be accurate.HOWEVER there are possibilities the MAJORITY thinks you are WRONG.

Swallow your pride and learn to trade. Everyone goes through a tough patch, but you become a better soldier if you know how to treat your wounds. Let the scar remind you where you are from and how you get here.
And another thing, don't pull a TXI on me.

No, the first thing one should start is by reading books and understanding oneself (personality, character wise)

IF you do not know which timeframe that suits your personality, in the long run you will lose money.

Again, this is just my 2 cents  but i been trading for many years including stocks and futures. This is what i have learnt and what my scars represent.

Listen to this man, he speaks the truth.

All the knowledge is useless when you succumb to your basic human emotions, most commonly greed and arrogance. The biggest enemy in forex is yourself.

hey'all...

wanna ask what's ur money management for forex (for live traders), at what threshold that you would take out the money? let's say starting off with USD1000, at how much earning will you take out and at how much earning that you would leave for rolling?

hey'all...

wanna ask what's ur money management for forex (for live traders), at what threshold that you would take out the money? let's say starting off with USD1000, at how much earning will you take out and at how much earning that you would leave for rolling?