Recent content by Liam M.

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    How to trade long term on commodities

    I think that commodity trading requires much more of fundamental analysis than the currency trading. So here is my question to the people who trade gold, is there any events that i have to pay extra attention in order for not lose money on its release
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    What is your % of risk per trade?

    While i was learning Forex, all the manuals said that the risk per trade not supposed to be over 1%, so it is what I’m trying to stick with, and my daily max loss can't be over 5% of my account
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    Getting a job as a currency trader without a degree.

    Well, get a Job? What do you mean? If just trading forex for your own, it is one thing. But if are trying to become a professional trader for financial institution, sorry, but I wouldn't hire a person with no education, even if you show me Forex account with 1000% of the yearly income. The risks...
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    What can an 18 year old do?

    Dude, keep studding biology. It is something that will always stay with you. Nobody can prevent you from trading Forex while being doctor, but if you concentrate on the finances only, you will never know how would your life turned out to be.
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    Is the trend the only real 'edge' in Forex

    Well, trend can be very useful, but it also can bring you down in a second. You never know when the breakdown is coming. If you stay focused on trends, missing the powerful economic event, you can get the margin call, which isn't very pleasant isn't it?
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    Are you addicted to trading?

    Addiction is not the best thing for traders. You're there only because you can't stay without forex. It looks like the addiction might lead to the bad consequences. You can enter the market without the proper analysis only because your inner trader is struggled for trade. I think you can be...
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    Sticky Introduce Yourself

    Hello to everybody. I'm a trader with only 1 year of experience, and only with 6 month of live trading. However i'm all about to stay in Forex for a long. So far i managed to stay in profit on my live account. Hope that with your help it will be easier.
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