Recent content by HeavLeighGill

I've been having similar issues with Coinbase. Is it worth switching over to Instacoins completely to avoid it? I need to either switch or get a backup.

Not illegal. I think people usually get mixed up in thinking that it's safer to use regulated brokers, but most have probably heard about what happened with Veracity Markets just recently and all of the people that had money stuck there. It isn't illegal to use offshore brokers, but people think...

Good idea, hopefully this will work for you! Of course things always do seem easier when we plan them out, but not so easy when it comes to following through.

I like the idea, so I'll be following along to see how it plays out.

Waiting to see how this whole thing plays out.

First take time to decompress. Take a walk, sit outside, drink coffee, take a long bath, etc. depending on my mood at the time. Then I sit down and analyze everything to see what went wrong and try to learn from my mistakes.

I don't miss it at all. I have three small kids so I use weekends to clean and try to get out of the house and do fun things with them.

The statistics are kind of depressing, but you have to account for all of the people that decide to open a trading account with no education on the subject. All of those traders will fail, along with some that are legitimately trying to trade the right way. Others put faith into systems and...

A week seems like a very long time. Have you considered a broker with BTC withdrawals? Mine always get processed the same day so it's much faster.

Pros...it's something that everyone can access and there is a potential to make money. Cons...too many people open an account because of the accessibility and you could lose your initial investment or more.

I just don't trust prop firms at all

Sorry about your friend. I don't think trading while emotional is a good thing, so it may be best to take a break for now until you're feeling more level headed.

Hard to say without more facts about the way you trade personally. For low costs, I'd point you towards a broker like CedarFX because they have no commission and decent spreads. Trade245 and Oanda are also good choices, so it may help to compare the 3 and see which you like best.

I think that depends. Some losses are inevitable and you shouldn't sit around obsessing over them. If you're taking a ton of losses, however, it would be necessary to investigate.

Don't just go with any broker. Forex Peace Army has a ton of reviews and will tell you more about terms & conditions offered by brokers so that you can find one that meets your needs since it isn't necessarily a one-size fits all situation.