This is human psychology that he want to make more and more money. I mean there must be a limit where we should be satisfied.
I will be satisfied if I am making around $5000 per month. Do you have the same psychology?
Yeah but don't you think there must be a level where we start to enjoy the things we have achieved by so much hard work. Or just keep working more and more to earn more but enjoy less !
I do not know about the stock signal service but I know about 1 forex signal service that will give you next month service free if they are not able to make you profits.
The news of wars definitely effect the economy and we see a volatile movement in the market. We should worry more about it? I think we can also take advantage and make profit on these news.
Is this necessary that market will fell. I mean if it is in strong uptrend then more buyer will join the trend. Or the things work like profit taking push the market down. I am still a fresh trader trying to understand things.
I am not destructive and I am happy about it. I cannot say even that I am creative because I have not done many things that can be called creative but I do have good ideas.
I am still trying to face this problem of stress. When I am in stress I don't know what I should do now. Now I have started to think in such situation that this time will be passed. So it is working a bit now.
You are right in one sense but you must be satisfied if making consistent profits. I mean we want to earn money but there must be a point where we should be satisfied or we will be just working like machines.
Guys it is good to see some big traders activities and trading methods but why we have to follow them. Just keep trying at your own things and you will create a profitable system for you. You very own trading system.
When we talk about the Yen pairs then the interest of Japan is making the market move higher and higher and they have intervene the market many times. We can just take advantage of all these events and trade profitably.
Well if you know it is performing bad in bear market then why you trade in such market conditions. Simply wait for the trend to shift in bull market again and then trade. You can increase your winning ratio.
You mean option traders are losing more than forex trader? I think it is right because option brokers have a team who is trading against the traders and majority of the traders just keep losing.
Trend is important but you need to catch it in the start and it does not take much time nowadays to see a trend shift. So the normal technique based upon support and resistance is the best.
Well $10k is not just enough and it is a very bog amount. If you can trade options successfully then you can make decent income with even $100 and I have seen such traders.
Options can be traded successfully if you trade them on 60 seconds and there are some mentors that are providing live training and signals to trade options and many are getting big money.
It is expected that ECB will cut rate and what you will do in such case.
I am planning to go short on EU and EJ with tight stop loss and if it moved clean then a 100 pips can be made.
I am not a pro trader and your suggestions will be helpful.
The only common thing I see in horse betting and trading is the money. The horse betting is for high class rich people while forex trading can be done with 10 bucks only. There are more differences than similarities.
It looks tempting and we are having interest rate decision and if they will cut the rate the we will be seeing bears in the market, so this might work again for the 4th year May sell off as well.