Recent content by MK_Tom

Explain risk in forex? There's risk in every trade. From what I understand (and I'm far less experienced than people like tomorton) the trick to profitability is minimising your losses. It's big losses that kill traders - people staying in a failed trade in the hope it turns profitable again. If...

Right yeah, so it's a risk but a very unlikely one? Thanks to everyone who's helped clarify this.

Thanks for that. Why did the trades cease without the stops triggering? Sorry I'm not entirely clear what you meant there. What I was getting at more was the price 'gapping' where it leaps from one price to another without passing though the price the stop is set at. The thing about Forex...

Can somebody clarify something about this for me: with Forex, if you have set a certain stop loss, can a sudden price jump take you past your stop loss and result in you losing more than your stop loss would otherwise allow?

I had this quandary myself recently, as I was thinking of going along to the 'Freedom Through Forex' event, but then I thought, I have the internet! I literally have access to the entirety of human knowledge through a search box. What are they going to teach me that I can't learn online? So...

Hi everyone, I'm new here and I'm basically looking to get a clearer understanding of how trading can be profitable and viable as a source of income. I've heard so much from so many different people and businesses about how they can teach you to trade if you pay them, but I then find a place...