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Just be wise enough to save your capital money atleast by not over trading.

Still working on this, its hard time to keep the emotions under control when we are trading in the forex market.

No stops simply means that we have risked the entire money to the forex market which is really very bad.

Very huge money to lose which i cant even imagine of at the moment, better take some break and get restarted with good knowledge. Otherwise leave it for once for all.

Basic education this what it means isnt it and yes this may be recommended for all traders who wish to carry out a successful trading career.

The biggest money which i have lost in one single day was $3000 in one single day and that was really very much upset for me.

I tried this gap trading earlier, but it was true that these gaps actually did not close in certain currency pairs and thus i had to incur some huge losses. :( Not a good strategy to rely upon.

I hold a post graduate degree in pharmaceutics. :( But this doesn't mean that am full fledged huge money making trader. I have just spent three years which was sufficient enough for me to start the profitable trading business now. :)

Better to have your own strategy working than the purchased EA s to make wonders, just my thought. But if you are already successful with it then your wish. :)

Instead of collapse am seeing more rise in the market prices for commodities and currency pairs such as EUR/USD, GBP/USD. :)

Next month starting has many things for the traders, in the forex market the NON-ADP news release might either bring in the big swing high or low prices which would be changing the traders equity to greatest level.

Its really great inspiring to read the stories of all such traders and i wish i would be the next one to join this story :D

This seems even more scary or should we take the advantage of the opportunity laid down. :)

I have already ventured into this, i was a full time pharma regulator affairs professional and now i have left the profession for being into the forex trading full time and it has been four years of trading experience for me now. :)

Most of the traders fail because of their poor or weak mindset and thus there is need for strong determination and mindset which is very much important for the growth of the trader.

are you guys looking for alternative ways of making money other than the forex trading business. :P

Traders fail because of their poor mindset because of which they trade with emotional mind rather than being intellectual enough while trading.

I had taken one buy USD/CAD @1.0200 level and my target was to reach 80 pips which happened for this week, not really sure about the other way round.

Sometimes i have been in this trap and missed most of the potential trades, but now i have fixed to myself that i would be trading at the predetermined level and set the sl at correct level and ready to accept the either.

Since your waiting period is long. Why dont you but the commodities like gold, silver and you may also consider the oil. Because all of these for sure will increase in the coming years because of the huge demand and low supply.