Recent content by ega2freedom

The general rule of life. Some win. Some lose. In fact, in monetary terms there are more losers than winners.

If you don't mind me asking...Do you set daily targets? Or do you see how the market is behaving to make a decision? I like the idea of trading. It seems very dangerous though, especially if 95% lose.

I see. So you expect to lose so you account for that by keeping loses very tight. You also don't expect to win big or stay in a trade in the hope of winning big. So you take a smaller number of wins that work out to be greater than your many loses.

Which is...?

:thumbsup: New_trader...you seem like you know a lot about trading, thank you for the reply. Why do so many new traders think they can "spank" the markets?

Question: So is trading a case of not losing rather than winning?

Thank you very much. The market seems to be huge and the theory that 95% do not make a profit is baffling given that people enter the markets to make money. Does the amount of money you have to trade influence whether you make money from the markets or not? Ega

Question: Hi, I'm doing some groundwork before I decide to throw money into trading. Having read through a few topics I just wanted to know how it's possible for 95/100 traders to lose money? And what influences price fluctuations? I know two questions, thanks in advance for any...

Getting started! I would like to start trading but would like advice on brokers, software and books to read. I want to open a trading account and start trading with £100 just to get a feel for trading before I put any major money into trading. Any help would be greatly appreciated. Ega

Hello everyone, I am new to trading and infact have not even started but hopefully with the hints and tips I can pick up from you experts I can create a secondary income. Thanks to Sharky! Much appreciation goes to you for making this site. Ega2freedom.