If you have the guts,discipline and character it is doable. That is why I am posting the daily results here to saw you that is doable.
Would you provide a list of online resources to learn Forex Mr click? I love this kind of marketing: "From $300 to $240,000 in one month" ( http://fxclub.com/customer-intervew ) Forex! Make money online!
You need people to lose money so you can actually win. 5% big winners taking the money from 95% small-big losers.
The hardest part of any type of trading is controlling your emotions. The psychology of trading is one of the most overlooked facets of trading. Many think that more market knowledge and technical analysis will lead you to great success; however, until you have the right mind-set, you are doomed to fail. Many people buy all the Stock Market guides and still lose. Why? Did the guides stink - could be, but it is also because they never mastered their emotions. It's hard enough to follow your own plan let alone another trader's plan. Finally, once you've learn how to control your emotions, you next need a plan. Develop a trading plan that defines Where you are (how much you have now), Where you want to go (how much you want to make) and How you will get there (A gage between your risk tolerance and different investment strategies.).
yada yada, You have to put your head down ,read and practice. The ideal way is to find someone to coach you and show you the things not writen in books. Everyone can find the basic forex staff if he googles free forex training. But the above 90% success ratio every day doesnt come easy.You will need some serious colirio quantities.That is why 95% fail.
I came here to order some redesigning for my Greek free forex training site http://www.isotimia.info and to hire some help for my new translated English site. I have started from IM and specialised on the way in Forex. I suppose that was a way to combine all my skills with synergy. Since I had to complete 25 posts to post in the service section ,found this thread and thought of posting my daily results. My design project is running from yesterday and I have started a thread in the service section offering my services too. I am not marketing for mass sales or something,I can educate only 3 persons max per month and I will not do it for long.( not for this very low price at least) I thing that when you take a gift you must find a way to give back. And the final trade for today. My breakout alarms hit. It was almost free money. Cheers B
I have moved the daily results in a personal thread. http://forums.digitalpoint.com/showthread.php?t=1195614 You can continue to ask here or there. Enjoy some forex music now http://forexmusic.com/ Cheers B
lol i made this thread just to see if people selling guides for forex actaully work got kinda outta hand lol!
They can work, but it is really hard to see which ones do and which ones don't. Often they use similar sales techniques claiming limited offers, better hurry, last chance, etc.. I get emails from one called netpicks that is always about to sell out and I need to hurry, etc.. Then a month or so later they are offering the same again and its just about to sell out... Er.. didn't it already sell out. Also, beware of money back guarantees, they always have TOS, which usually states you have to make the trades as they say and provide proof etc.., So you have to place losing trades to get your money back, possibly costing you more than the package/system in the first place.
Best music for forex breakouts: Richard Wagner: The ride of the Valkyria When you bank the pips,lol, listen to the : Antonio Vivaldi -Spring When you are loosing and aproaching your stop loss play: Carl Orf-O fortuna( Carmina Burana) It is inside the collection of www.forexmusic.com Especially when it rides massivly,lol Cheers B
Stick with day trading volatile equities, I hate currencies, to choppy... volatile equities give the big moves needed to survive the markets, unless you are a scalper...
I open an FX account with $450. Within one week I increase the $450 to $4,750. made a mistake and got my account wiped out...
Hello, You must never open a live account if you are not consistent profitable and if you dont know how to handle the platform like playing the piano. With such a small accounts you can only trade 0.01 micro lots. I dont recomend such a small accounts.The practice account is between 1-2 k trading 0.1 mini lots and a nice start for monthly income is at least 5k, with 10k as the best option for your pro account. Today results http://forums.digitalpoint.com/showthread.php?p=10423923#post10423923 Have a nice weekend
I know the strategy to be successful in forex. See my strategy in my blog www.ourhappymoney.com Read it carefully. Reminder: forex is very dangerous. Do it on your own risk
I know only one strategy in forex Entry Point 1. Decide which pair you are going to trade. 2. Find out all major trends by checking the different interval forex charts. For example, 1 hour, 4 hours and daily forex charts 3. Plot the trend lines through the high points if it is on a downwards trends and plot the low points if it is on an upwards trend. You will need at least 2 months of data to be able to plot out the trend lines 4. Mark the support and resistance levels 5. If the price is almost approaching the trend line you have drawn, wait for it to move through or below the line before proceeding. 6. You might want to also check the RSI indicators to see if they give you a warning. Also make sure to check the MACD and Stochastic levels as well. 7. Make sure for the next 2 or 3 days, there are no major data releases for the two countries’s currencies. It will cause some fluctuations in the prices. 8. Get in and start trading but use no more than 10% of your capital 9. Place a stop loss but do not place it so far enough that you won’t make a profit. I would suggest 100 pips as a recommended stop loss point. Exit Point 1. Put a take profits limit order. Set it to between 30 to 50 pips. If possible, place it just ahead of a major support or resistance level. Also, make sure your limit order is about 15 to 20 pips away from the S/R level. Regards