Recent content by lynhappytrader

Hey :) My name is Lyn and I'm from Portugal. I've been trying Forex for awhile... I'm looking forward to do it as a full time trader.

Well, I'm not doing it as a full time yet, so I can still answer what I do for a living without people looking at me differently. However, I do as a part-time, so there are a quite people who know that I do it. I usually tell them that I'm a Forex trader.. if they ask what it is, I'll explain...

I'm also looking for independence. However, at the moment I'm still trading as a part-time job. Hopefully, in the future, I'll be able to do it as a full-time.

Well, it usually depends. I do 3-5 trades a day. However, once a month, I do to 6-10 trades a day. It's a part of my strategy plan.

In forex trading, scalping is taking benefit of currency pair changes over a small period of time. Traders that scalp frequently use high leverage and aim for less than 10pips within a few minutes. Scalping is usually considered to be a dangerous practice by professional traders and is...

I can't love my losses.... they make me lose money lol! However, I can learn from them, which is "nice"

They should wait a dew more years, before going live. Ain't nothing wrong with learning about Forex and reading stuff, but going live... I don't think so.

Intp

When I trade I just go Zen... my mind if blank (to things outside Forex). It works.

Being greedy... that's for sure.

I sleep about 6 hours. It depends

Scalping - The scalper is an individual who makes dozens or hundreds of trades per day, trying to "scalp" a small profit from each trade by exploiting the bid-ask spread. (You can read about scalping in Introduction to Types of Trading: Scalpers.) Momentum Trading - Momentum traders look to...

In order to have stable income, it takes a lot of hard work, commitment, persistence, etc. You need to be aware of the market, and study everyday. After a few months, and once you have your trading strategy working, you'll be able to have a stable income.

I've read some time ago and now that you mentioned, yes, you're right, it does apply to trading! Nice thinking.

if you're smart, you can make it to college and start trading at the same time. Then you can decide more knowingly which one you prefer.