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Although this amount is not possible for me to accumulate but I can manage such amount and even bigger amounts. I have done some good in my 2 years and now I can manage funds.

I tend to loose patience and it results in premature trade closing or adding a trade before right time. I am trying to control this and it has already reduced but still I have to work on this point.

Actually I also trade in news timing but the problem is the slippage that occur in those time. Do you guys have any idea how to avoid this problem or there is no solution for it.

I must appreciate you simple formula and it will really help me when I will be following a signal service because the starting capital calculation is very important.

Not actually because I want to hear the sound where a crossover happen of the 2 EMA. The real purpose is that I hear the sound if I am away from screen.

You need 3 things to grow your account into big one. The first is the determination and then you need patience. Most importantly you need compounding, otherwise the account will not grow in good time.

I want to know that how can I add alerts to my charting softwere where there is crossover of 2 lines. Or any criteria is filled, then I want that an alert sound is created so that I know if I am off the screen.

Yeah sure. Here you can read how this manipulation is done and how we can trade it to our benefit. http://www.daytradingforexlive.com/forex-bank-trading-strategies/forex-day-trading-strategy-bank-trading-strategy-revealed/

Looks like we are having a hot debate. Well I can only say that everyone has his own style and if it is bringing him money, it is the best for him no matter it is bad or worse for others.

Study about the successful traders and try to give more time in practice. These things will improve our skills. The natural talent is also a big factor because some people will develop better skills than the others if give same training.

The potential of making money in trading market in limitless but we should not be such a greedy person to make more and more money all the time. I have a target in my mind that If I will reach at $15000 per month level, I will not make more efforts.

But how you will know that it is going to be a new high, I mean the price is still moving and we don't know how far it can go. We can sell on the new high when the price go down a bit and then came back to that high level again.

I was reading an article where the main focus was the manipulation of banks in forex market. The just manipulate the market and retail traders like us provide a surface for them to make money. So we are facing losses and they are making profits on our money. Is that true?

In fact I made good profits in my start than I used to make now. The reason is simple as I used high lot size in my starting days and was lucky enough to get some winning trades but then the loss factor came and I started to use proper money management now.

But we cannot predict or know the sentiment by just one or 2 candles. We have to look the overall behavior of a pair or commodity for some days. Just look at gold and you can say at 1 second that it is bearish.

We are seeing a downtrend in Gold and the price of Gold is again below $1400 per ounce. I think it will test the $1325 mark and get a support but if it break that mark will it go in $1200 region?

Actually my main strategy is this as I used to sell at previous high and buy at previous low and it is quite good. Stop loss is there to prevent the extra loss if the price just keep going to break the previous high and low.

Hey but I cannot see any chart. Please can you give a link to chart so that I can also take benefit from this move. It will be highly appreciated.

As you can see that AUDUSD has broken the psychological level of 1.000. So will it continue to fall to at least 0.9500. My main thought is to know when it will start reversing so that we can trade that move.

I like your comment. It is a reality that we should not only work hard but work with focus. A focused work can be done in less time bringing better results.