Recent content by scotd

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    Continuing losses annually 6 years trading

    The problem should be fro your trading system, you have to make a drastic review of your trading system and if possible switch to demo trading for now; another option is to try copying trades from professionals traders on sites like etoro.com
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    FAQ How Much Money Does a Trader Need To Start Trading?

    How much a trade should start with should be the amount the trader can afford to loose without entering into any financial disaster; personally, my first account was created on ********** with just $100, and that was the amount I could afford to loose as at that time.
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    What will happen if germany leaves the euro?

    If Germany stops making use of Euro, it will sure affect the Euro negatively, because Germany is like the backbone of Euro right now.
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    i doubled my profit $688 made of $300 beleive it or not?

    It is very believable; which trading strategy did you use; and capital. I was able to double $100 which was the start up capital I used for my 1st live account on ********** in less than 3 weeks.
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    Is your profits more than your losses

    It all varies for me; there are some weeks I make 55% profits and 45% loss; while other times, I make over 75% profits on trades; forex trading is an everyday learning curve. You gain experience the more time you spend training.
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    Would you be happy with 15% a year?

    15% profit per annum is not worth it at all; imagine investing $1,000 into forex as a full time trader just to make $150 a year? I can as well find a daily pay job. I actually made a 103% profit from last years trading and an extra 30% from trading gold on ********** platform.
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    Investing long-term in Crude Oil

    Crude oil is really not a good investment for now; because the demand for crude oil is lower than the supply; I will advise investors to pause on crude oil investment for the moment.
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    Do you trade forex via smart phone?

    The MT4 platform has support for mobile platform; if your broker incorporates it into the trading platform, then traders can trade with Smartphone. Although ********** has a mobile MT4 platform for Android and IOS operating system, I feel more comfortable trading with a computer.
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    Motivation to keep going when you thought of quitting - View Link

    Right from day one, I conditioned my mind with the though that I will loose some and win some, and as long as my profit is more than my losses, am good to go. What keeps me going on them very bad days with plenty of losses is that I know that I can bounce bad, taking one win at a time. I also go...
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    Mental Mindset - What's yours like?

    Believe it or not, your mindset or mental state affects your trade. It goes a long way to determine if you will loose or make money in your day’s trade. Imagines getting sad news, and you enter the market with such psychological emotion, you are bound to make mistake when analysing the market
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    Sticky Introduce Yourself

    am scot... am here to learn and share my knowledge
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