Lost...? -
1 2 3

thread: Lost...?

  1. #11
    I wish to thank everyone for their replies. I appreciate you spending your own time helping small oh me. I have come away from this post with valuable information and a different perspective on my future in Currency Market. And for that I thank you.
    Nathan
    All those that replied don't want you to make the same mistakes that people made. If I'd discovered this Forum six months ago, I may even be sitting on a account.
    Take time to decide what sort of trader that you want to be, read lots about the mental side and money management, demo a method that feels right for you till it is making money regularly. And then go live. You'll last longer and funds protection is the name of the game.
    I have just started reading'Trading in the Zone' (Mark Douglas) and though I am only on Page 27 the lights are starting to come on, who knows how great I'll be once I have completed it.
    Good luck and stay in contact with us, we want to understand how you are doing.
    Peter

  2. #12
    Member niko's Avatar
    56
    nathan....

    Always trade with the dominant trend, use more time frames, and learn how to spot the ranges and support and resistance of those ranges and tendencies, anticipate to have the market retrace from the entrance point until it reaches your take profit.
    Here's a link that I hope you'll discover benificial....
    Http://www.trading-naked.com/library...ing_system.pdf

    no matter what egy you choose use this to help determine the market sentiment, excellent luck and may the pips be together with you.

    Also bear in mind this is most likely the best forum on the net, the people here are helpful and also the info in this site is abundant.

  3. #13
    Junior Member Copipk333's Avatar
    17
    If you are not going to exchange naked (no more indiors) then your main advantage will be understand how to plan. If you start with a language it is easy to move around to mt4.

    If you're working to look for a programmical exchange system that you wont allow it to not understand how to program.

  4. #14
    Junior Member Pippas's Avatar
    19
    nathan....

    Always trade with the dominant fashion, use longer time frames, and learn to identify the ranges and support and resistance of those ranges and tendencies, anticipate to get the market retrace from the entry point before it reaches your take profit.
    Here's a link that I hope you'll discover benificial....
    Http://www.trading-naked.com/library...ing_system.pdf

    no matter what egy you choose use this to help determine the market sentiment, fantastic luck and may the pips be together with you.

    Also bear in mind this is most likely the best forum on the internet, the people here are helpful and the info in this website is abundant.
    Outstanding PDF. . .thank you

  5. #15
    Junior Member Pippas's Avatar
    19
    Get to know a presentation and exercise until you feel comfortible playing with it and exercise using a few of the systems which are discussed here in this forum.

    Look in the successful sidus method system which is easy to learn and has indiors that are easy to establish. Practice with it and you'll feel more at ease. It's like driving a car or flying a plane. . .scared as hell initially then one day, you'll find that your driving subconsciously.

    Practice, Practice and Practice. You will one day say to yourself, it is the right time to leap in with real money. Wait till your successful on your presentation 70-80percent of the time until you do.

    Why are we favorable here? Since every single one people were in your shoes at one time or another. The forex currency is trading 2 trillion a day, 30 times larger than the combined U.S. Stock Market on daily basis and we are not competiting with each other. . .so why not help each other.

    Get to learn this forum and you'll find several years of knowledge and expertise that's discussed here. I think the only thing you will find us disagree upon here is which brokerage company is your best... or worst... and also we do not have a definitive answer for you.

    Happy Trading
    (Large Dog)

  6. #16
    Member xw24's Avatar
    39
    Tick (Big Dog ) comments above is a fantastic statement; get to know the folks around this forum, STAY around, don't be afraid to ask questions, because I was, and this forum can be one of the best things you've ever done concerning your success, or failure, in Forex.

    For me, it helps to just recall why I started Forex trading at the first place. Without a WHY what would be a reason for you? Money isn't enough of a factor to push you. There has to be a reason. Well, at least that's been a bonus for me. For me, it is simply the fact that, my family deserves.

    We wish you success...

  7. #17
    Junior Member barbaragg1609's Avatar
    6
    I think you get started trading live get in ahead of the market crashes and you don't get a share of their $2 trillion daily - only kidding!


    But from the sound of your first post, that is precisely what you're saying. The traders that I encountered who funded their accounts'only the take advantage of the current exchange rate' and'won't begin trading nevertheless', will be the very same people who withdrew their accounts due to a deficiency of demo trading.

    Don't put yourself under unecessary pressure, just think about funding/opening your live account when you are comfortable with the platform and broker of your choice. The market won't become saturated, relax, read, learn, practice and if you are able double your demo account at least three times in series (starting $100 and 0.1 lots) then consider going live.

    For me this forum is a irreplacable tool within my own trading success.

  8. #18
    Well to me, Demo trading isn't real enough, eliminate the anxiety and greed elements and the Demo account just sky rockets, go back to actual $$'s and the exact opposite, so I've been learning ( nearly two years ) off and on when I could manage using a $1 a point mini account.

    Finally starting to get somewhere, account is up abit, and 100 transactions since I last needed to add $$$'s, in comparison to errr 17 transactions for my #100 in the first days.

    Good luck!!! Tis a challenging game and therefore don't beat yourself up too bad as it all goes wrong, and start Small $500 mini account, and then restrict to add to it, as it goes

  9. #19
    Junior Member Alvaro207's Avatar
    24
    I wish to thank. Just to provide a little update, I am not missing anymore... Well not entirely. I sort of know where I am going and I believe I am on the yellow brick road ^^;

    I look forward to chating with you in the years to come (hopefully).

  10. #20
    Buy Trading in the Zone.

    You will thank me for it.

  •