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I’m scratching my head… There are many types of financial markets out there: commodity markets, stock markets, ETFs, CFD, spread betting, sports betting, options, futures and so on. But why is Forex the biggest, the most popular and the fastest-growing? This is an intriguing development, but why? Why? I’m still scratching my head…
Those who succeed at trading can’t give up trading – only crashing failures do. Trading is a journey of a lifetime. If you see someone who’ve left the trading world, definitely he/she is not successful at it. Anyone who disparages trading is really a market flop. Real market successes breathe the markets and never quit. – June 10
If one could determine how much one makes per month, then one had a Holy Grail, which some claim don’t exist. The only thing you can control daily is how much you lose. As per profits, you may make what you target per day, you may make more than that in a day or you may come with a loss. I spend less than 1 hour per week trading. When I was sitting with in front of my screen 24/7, I was worse-off. – June 11
Yes, there is optimism surrounding the Euro, so I expect it to continue going upwards. – June 12
Yes, one needs to test the automatic junk (robots) – though one does not know when a losing streak or a winning streak may come. – June 13
Yes, one can depend only on trading: provided one has a very big capital and the knowledge of how the markets work. But with scanty trading knowledge and small capital, one had better look for another source of income. The biggest obstacle to trading success is irrational emotion and tendency to do things that satisfy our emotions rather than doing things that make us survive. –June 14
Since a margin call isn’t a call from a pretty woman, it’s irreversible once it happens. The only thing that can be done is to replenish the account or create another one with a broker. However, there are lots to be learned from successful trader, and in the first place, it’s far better to learn how to avoid a margin call. – June 15
Ground-breaking lessons from expert traders: http://www.harriman-house.com/experttraders
