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To scalp or not is an individual opinion. what kind of trader one wants to be is an individual opinion. I dont have any personal preference, but I simply do what I feel will give me profit. its...

I do not know if we can really control our emotions fully. I have come across from everywhere people suggesting different ways to control emotions and how to be looking the other way while we...

I was away for about 4 hours and when I was back I find it has moved about 150 pips. Looks like it might attempt for higher regions in the coming days after some mild corrections. there is lot of...

Risk lies in the trader and the way he/she trades. If a novice who do not know anything start to imitate a professional trader without having the sufficient information, knowledge and skill, the...

For me the forum is a place where I can interact with others sharing ideas and looking for new strategies etc. whether a professional trader comes to this forum and posts or not, there is lot of...

I do all my trading manually and so far not tried any EA. My trial runs with a dozen EAs did not give me the desired result eventhough others reported fantastic results. I did rather trust my own...

supports and resistance are one of the oldest methods in trading and it works quite well if applied well. In a bullish market all resistance wont hold and in a bear market all supports break down....

Most traders simply look at the money which is out there in the market. they do not know how to earn that, they do not have the necessary to knowledge of getting that. most of them are in a hurry....

I dont depend on luck while trading. Ofcourse, one gets lucky on certain days when the prices come on one's favor and bail us out of a difficult situation. If one takes calculated risk, the chances...

Price moves with good volatility or some kind of trending is good for traders to take advantage. I generally like to do scalping as I dont have much time in hand to keep aside for trading. I prefer...

stop losses should be based on the type of trade one does. if you are a scalper, then your horizon is very short. it is better to assess the general movement of the pair and the loss should never...

Books are great resources especially in a profession like trading. different ideas of traders can be helpful to many. a trader must educate himself and books expose us to a wider areas of trading.

EUR/USD's slide has been continuing for almost a week now. Dollar now seems to be getting stronger, but for how long. for now the tide is in favor of the USD. so its better to ride that wave and make...

Even today I hardly look at news while trading. I never bothered about when the news comes. most of the time when the event occurs, I am out on some work, so news trading I cannot concentrate. once...

if a trader simply trades on what he sees based on commonsense approach, then such trader is a successful trader. the moment your mind starts to wander into other areas and starts to forget the...

Its quite easy to withdrawn from paypal to your local bank account. just fill in the bank details and it will be there in your account in generally between 48hrs to 5 days time. I do not know what...

Loss is natural part of trading and the quantum of loss we can take depends on our resources. if one has a very small lot at risk, probably one can wait for a while and allow the market to come your...

most hyips are becoming scams and its better to avoid them. those who earned from it were the one's who entered it earlier and recovered their capital and then made money by referring others to it...

InstaForex seems to be first prefered choice of most Fx traders. It does not shut doors for small traders unlike many other big brokers. Many contests alone can earn one the necessary capital to...

Smaller amounts are ok for newbies to get a feel of the market and to explore their trading skills. but if one is really serious about making money then $100-$500 is a must. but then one must base...