Recent content by amazingfx

It is totally true, trading can be very much frustrating sometimes, specially during the learning phase. You just need to have more patience. If you're really enjoying trading then gaining a good knowledge you will be soon at the point you wish to be right now.

Of course, if Greece doesn't leave the eurozone would be just because they reach an agreement with Merkel, the rest of countries has not much to say about this, as always. This is how EU works.

Well if my losses were higher than my profit in a consistent way then I would have stopped trading already. The aim to be a trader is to be a winner not a loser.

I think that all depends on your investment and your goals. For some traders 15% yearly return would be just fine and for others this amount would be insufficient. However, I think it is better not to put limits to your profits.

I'm currently trading with Hot Forex and as far as I know they are based in Cyprus, regulated by CySec and registered under FCA. That's why I chose this broker some time ago and I haven't had any issue with them for the time being.

Totally agree with this thread. It is impossible to make successful trades with no plan, this is the essence of the trading. With no plan a trader would be trading randomly, instead with an analyzed strategy based on market trends.

I also agree that 6 years with constant losses is too much to overcome, you should have reconsidered your trading some time ago instead of go on trading. If you are not able to make a consistent profit over time then it doesn't make any sense keep on trading.

Some apps are great to check the trades, news and positions, however I don't usually place any trade through my smartphone.

From my experience I will say that it takes quite a long time, at least 1 year until the profit was consistent over time.

Trading Forex is not an easy task if your aim is making a consistent profit over time. And it takes quite a long to achieve this goal.