Recent content by Bailey_John

Agreed, this is quite a big challenge and takes time to come. Self-control should be the goal.

Yeah, demo trading for couple of months is a good option. Else you can even try micro account trading, if you want live experience.

Really?According to me, for someone who's new, scalping is not an easy strategy.

So far so good. Conditions are great as compared to others. Overall satisfied.

Exactly. Numerous reasons and that because each trader is different and hence goes through different challenges.

Yaa, that happens. Impatience leads to poor trading decisions. We should develop a habit of meditating everyday, that really bring some calmness and help you stay patient.

Yea, you’re right. They accept spanish clients. I’ll be now going live with a $200, lets see how it goes, conditions seem quite promising.

I try staying away from exotics. Prefer sticking to majors or a few minors.

I totally agree, no matter how good your strategy is, but if you don't have a strong trading mindset, even the best of strategies fail.

What about Spain? I was planning to go live with this broker.

Certainly. I believe regular practice is what will help you to overcome your fears, experience teaches a lot so yes the more your practice, the more fearless one becomes with time. Isn't it?

He probably means a live account?

Yes indeed forex is a sea of money, but its not easy to reap profits out of it easily. Not any child's play.

A trader has to be very alert in understanding the market moves. For that he needs to have a strategy well in place and sometimes there are even times that circumstances lead you to change your strategy for favorable results. So uncertainty is very common, we need to know how to deal with it.

True. Reviewing them is important, need to review the mistakes and try to avoid them in future.