Search results

I'd love to agree with this, and although luck can and does play a roll, I'd definitely respond by saying that skill outweighs luck. The serious trader can never forget that this 'game' is all about probabilities, probabilities when looked at long term. Anything can happen in the short term, and...

haha, love that comment!

and being stubborn is an excellent attribute to have, in this career ;)

Perhaps, as said above, im sure it's yet another grey area - lots of stories where it's happened in the reverse order :) It's very much possible to be in the right place at the right time, without any skill. Anyway, to avoid going around in circles, this was just a suggestion!

Does it take luck to get skilled, though? We've all been told that being in the right place at the right time seems to be the foundation of most success stories. Just some food for thought. Or, does it infact require skill to put yourself in to more of these 'lucky provoking situations'

Perhaps, and it also illustrates a personal incapability to observe reality - but if that takes your interest then go for it!!! In which case, the people who believe this are clearly in the wrong career - or perhaps hobby, as i can't imagine it went any further than just that.

Yea, there's a reason why the most successful trading approaches are the ones that are simple in nature. Either way, my ears are open to understand a little more of what is being suggested - even though right now it sounds like he's trying to persuade himself by language that really is...

I can imagine this question has been asked many many times here, on threads that reach hundreds of pages. It always does the rounds, in all FX/Trading forums - ironically never reaching a majority vote either! There is a clear cut divide though between what new and experienced traders come to...

This is a really common theme/reply which is painted all over the web in trading forums, and to a certain degree I suppose it is partially correct. But, just think about this for a moment. A demo account and a live account have the same currency feeds and therefore the same underlying data. The...

Just a typical FX day trader

There's really no shame in this either - it's no secret that there are about as many variations of TA as there are new traders entering the markets whom want to use TA. Not to mention the various permutations within the same 'area' of TA, also. I'm sure we've all read (and are perhaps sick of...

I also saw this exact same post from her in another online FX Forum - of which it also had a similar bag of answers :)

As others have said, but perhaps not too clearly; it's in your own benefit to obtain the highest maximum leverage possible on an account. This reduces the margin required for opening a trade and leaves more 'available margin' for disposal. At the end of the day, as long as you understand the...