Recent content by Trader Rich

Actually Forex Day Trading is a minus sum game. Only seasoned pros who have mastered the art of speculation can consistently take money out of the market. For people who haven't finished their learning curve, to make money in forex is just an illusion.

If your strategy is day trading, I have a post about day trading rules you might want to take a look at. Day Trading - The Art of Speculation

What a beautiful NR7/ID setup for euro after 5 days staying in the top range. 1st downward target: 3356 2nd target: 3265 3rd target: 3174 Day Trading - The Art of Speculation

No bad market, only bad trader. If day trading is not your niche, making a bold conclusion really means nothing. The Art of Speculation

Have some daily trading rituals might help. It will get you more disciplined. 1. Before Trading Session 2. Before entering trade 3. Monitoring trade 4. After trades 5. After Trading Session The Art of Speculation

Thought provoking. So why people start trading at the first place? I guess it has to do with their confidence in themselves that they are unique. You could also ask why people buy lottery ticket. At least in trading, winning or lose, the trader himself has to take the full responsibility. You...

I agree with Ticketwatcher and IShopAtPublix. The list can add on. You need to trade on the edge. Never underestimate what the market can do with your account (so preserve your precious capital - cut your loss short). You also need to trade with an edge. If you don't have a decent systematic way...

Do yourself a favor by avoiding such unprofessional approach. It's not worth it