Forex Trader

[Good-Carbuyer]

If you plan your trade, you would have a TP and SL in place. No amount of screen freeze can change that.

 

However, if you scalp, then it could really be a casino type trading.

I am musing that direction as potential solution, too

[Sunlight]

look like can short eur/usd...... monday go in early when asian markets open

[Perrier]

Long USD/JPY any ?

 

from my chart, the price didn't close above the UTL (upper trendline) from 17 Sep & 10 Nov. however it did break the UTL from 2 May.

 

The daily candle closed with a almost hangman candlestick pattern. lastly, this current price 82.50 is in a R/S zone so its better to wait for either a pullback before u long.

 

[Sunlight]

Help Help!!! I lost around 2k this past week. Very confused and demoralised.

[Slayer86]

Trading normal contract?

[Sunlight]

i got greedy and started taking more risks and rushed into market without clear direction.

Lost $$$ when EUR/USD dropped like stone. Took more risks in bid to recover but EUR/USD kept dropping.

Removed the stoploss in the losing trade and hoped for the best.

 

Conclusion: I no discipline, cannot control myself :angry:

[Yeshe]

Help Help!!! I lost around 2k this past week. Very confused and demoralised.

 

only 2k demoralise? better dun play in the 1st place

[Yeshe]

i got greedy and started taking more risks and rushed into market without clear direction.

Lost $$$ when EUR/USD dropped like stone. Took more risks in bid to recover but EUR/USD kept dropping.

Removed the stoploss in the losing trade and hoped for the best.

 

Conclusion: I no discipline, cannot control myself :angry:

 

to play forex, u need MINIMUM 20k for normal contract size to be safe. that is for 1 contract

[Sunlight]

to play forex, u need MINIMUM 20k for normal contract size to be safe. that is for 1 contract

why??

 

[Freestylers09]

u belong to 99% who lost

 

lost over greed..

 

just need to overcome this barrier first bro

[Sunlight]

greed very difficult to overcome. I think i need a regulator to watch over me

[Yeshe]

why??

 

so that u will not be emotionally affected when u have a bigger cap

[Yeshe]

greed very difficult to overcome. I think i need a regulator to watch over me

 

2 types of players, 1st type is scrapping hit n run for small bips short term, others is long term trading to see the trend as well as to hedge on the interest rate. which one are u?

[Slayer86]

I also in the same boat as you, holding eur/usd, just that mine is in FX mini.

 

Leverage should be <= 4 times to be safe. Any higher, hard to control emo when losing $$$

[Sunlight]

so that u will not be emotionally affected when u have a bigger cap

hmm.....quite true

but still the biggest obstacle will be greed n discipline

[Sunlight]

2 types of players, 1st type is scrapping hit n run for small bips short term, others is long term trading to see the trend as well as to hedge on the interest rate. which one are u?

me is a scalper

[Perrier]

Help Help!!! I lost around 2k this past week. Very confused and demoralised.

 

Why are you even trading this week???!!!

 

Most profitable traders are already off spending their money.

[Hp93868686]

I always in to trade forex from 8pm-12am , won/lost logged off. After playing for 2 mths live , think it easier to trade stocks during the daytime...