Recent content by frooze

My advice is to start small, so you wouldn't loose to much when things go wrong.

I agree with you, you just have to be patient. Who knows you might just be in time for a good trade.

I concur to this, great site indeed and nice place to be at. Keep up the good work elitetrader.com

Like many will say; we need to make our own luck. This is especially true in forex, you can't sit around and wait for luck! You should always go for it.

Really!!! Well if you say so, I really don't buy the whole luck thing. Yes, I agree people can be fortunate sometimes.

That's the point, we set traps for ourselves sometimes without realizing it. Lets carefully think before we choose leverage.

It is good you realized earlier, as things can quickly go wrong and you would be left wondering, probably accusing people.

Outrageous I must say, whenever something goes wrong, bang you lose big. So be modest with your leverage that's the advice.

I feel he has said it all with his experience from the reply he posted, just remain focus and hope that it will all fall into place in the end.

I sense here persistence and consistency, which is something we all need to make something out of nothing. After all, the successful strategies we have today didn't just spring out in one day.

I can thank you now ole Pinabetal for this timely reminder. We shouldn't just make rash decisions because of excitement.

Exactly, we can't just do want we want anytime we like in the market else things will go bad.

I couldn't agree with you more, there is nothing compared to the joy you get when you do what you do in the best way possible. In forex that can come 100% when you are at it yourself!

I see radex, caution is what we need then. While leverage can be good in raising you funds, but we should never forget the down side.

Lol, but I think using a leverage is not entirely wrong. The bad side of it is that the higher the leverage, the higher the loses if things go wrong. Because when you can meet up with minimum margin requirements as affected by the amount of leverage, your broker would have to liquidate some...