Thread: I plan to quit forex!

I have no luck in forex. First period I get gain, and few months all earnings and funds are gone.

I Believe I'm not suitable in forex and will cease all and back to work

Bad guy. . Oh my shit weight down

This is a choice. Its not what everyone envisions it to be the point at which they originally begin, everyone begins with a similar mentality in view of a fantasy of the last product. This is a costly business to maintain rather than you want to pay to learn! Better to cut your losses at this point persist rehashing a similar thing and expecting an alternate result. Truth versus fantasies altogether different. I wish you the great chance and achievement in your future undertakings.

I learnt the forex on my own as many of us do without mentor and after 8 months I started a real account and withdrew my initial account,then only I understood that there's lot to understand and that I kept on studying since then,so I recommend you to not quit and try new style or egy.trading demands patience and passion.

Originally Posted by ;

I learnt the Currency Market on my own as a lot of us do without mentor and after 8 months I started a real account and blew my first account,then only I understood that there's lot to understand and that I kept on studying because then,therefore I suggest you never to stop and try new style or egy.trading requires passion and patience.

A lot of people blow their first account when they start trading - it is just like an especially unpleasant rite of passage. I hope that things have improved for you today?

Originally Posted by ;

quote A lot of people blow their very first account when they first begin trading - it's like a particularly unpleasant rite of passage. I hope that things have improved for you?

Yes I passed this stage but still studying,there is lot to understand in trading,that this topic is wide,I consistently making 50 pips on daily basis with minimum drawdown.thanks for the warm wishes.

Originally Posted by ;

quote yes I passed that stage but still learning,there is lot to learn in trading,this topic is wide,I always making 50 pips on daily basis with minimal drawdown.thanks for your warm wishes.

An individual must find out something new every day is an expression I will never tire of repeating. It applies not only to Forex trading, but also to pretty much anything in life.
My point is, a trader never stops learning when they've years of expertise.

Who is on FTSE100 ? , good sweet place for FTSE100, as a result of BREXIT uncertainty, this instrument has been predictable to get two trading sessions now.



https://www.myfxbook.com/members/mav...bronco/2284466

Originally Posted by ;

quote Personally, I have had little accounts with Pepperstone and AxiTrader, and I don't have any evidence that either has cheated me.

Hi Hanover, I am about to open another live account are you holding your view re both of these brokers, Axitrader sounds OK to myself however studying the terms and conditions is enough to bake my noodle, and its easy to find bad testimonials, sometimes its just like the bad joke, complaints dept overworked complements dept not mandatory. I have been with Alpari how anyone by using their title remains in business I just dont know, Go Markets who I have a little amount with, and FXCM who fooled me into believing that they were STP (they were in title only). Many thanks for your answer on this I need help because its impossible to become super informed and your ear is much better tuned than mine.

Originally Posted by ;

are you holding your view re both of these brokers

I am probably not the best person to ask, for these reasons:

1. I am a programmer, not a trader. Trading is only one of my hobbies, and nowadays not my favorite one.

2. A lot of my trading is demo, as I am debugging EAs and analyzing semi-automated egies, both for myself and also a couple of 'real' traders; the rest is in tiny accounts, where it's not worth any br0ker's attempt to cheat me out of a couple dollars. I have cut my account and place sizes significantly since Alpari UK went bankrupt.

3. I avert trading intraday. Most of my rankings are longer duration. Therefore I can't talk for scalping or news trading.

I stand by my earlier comments. Having said this, I closed my account with AxiTrader in 2014. I have never used FXCM, once I see that they had been on the wrong side of suits. Although I don't have any proof that Pepperstone have ever cheated me, it does not automatically signify they haven't cheated others. No recommendations are made by me.