Search results

Thank you for the recommendations!

Regarding actual meditation, can anyone recommend me any information sources about teaching me how to do it properly?

"Rule 1: Never lose money. Rule 2: Never forget Rule 1" - Warren Buffett

A kid gets a high school assignment to ask a veteran about World War II. Since his father had served 
in the Philippines during the war, 
he chose him. After a few basic questions, he very gingerly asks, “Did you ever kill anyone?” The dad gets quiet. Then, in a soft voice, he says, “Probably...

EUR/JPY broke above 113.45. I think next target will be around 114.50, which is (MA)89 on the four-hour time-frame.

I would recommend anything written by Steve Nison on candlestick analysis.

Always follow the trend. Trading against the trend is unwise.

One of the most bitter market lessons I ever received was when I was a total rookie and I didn't have the habit of checking a Forex calendar at the beginning of the week to see what high impact events there will be in the following days. I had a long-term position, I fell asleep, I woke up to a...

The popular opinion (although I would love to see an official study made by a legitimate research and statistics agency) is that about 95% of all traders generally lose money. Obviously, that means that only about 5% make profits consistently. I think it's logical to conclude that only a small...

I've never actually tried it. It has never even occurred to me to try that. Now that you mention it, it's actually not a bad idea.

I "lose it", so to speak, after I've traded for too long without any rest, to be honest. If I stare at the charts for days on end without any rest at some point everything starts looking the same to me.

If your strategy is already done and you're only testing it, there shouldn't be any difference between the demo and the live accounts though.

If you need to reassure yourself without risking anything, I would recommend applying your strategy on a demo account for a while. That way you both see that it works and you don't risk any real money.