Recent content by MotifSky

Thanks for sharing with this tips, they're really useful, I can agree with them from my own experience too. Also I can add that if you want to become a successful forex trader it's important to pay attention on such things: - defining your goals and general risks carefully - focusing on a single...

Thanks for your reply! That's a rather good profit :thumbsup:

And how much do you earn with it? :thumbsup:

Forex is based on making financial operations with foreign currencies. Traders earn money on the difference of exchange rates of them because of that prices for certain foreign currencies are very important. Forex is made only in currency pairs, like for example, USD/EUR, and you need to monitor...

Just another marketer who happens to sell trading courses to gullible people, ie those who think they can get rich easy with a few (expensive) courses

Start by understanding why price is behaving and only when that reason aligns with the setup you are seeing do you take the trade

Does anybody use/recommend Alpesh Patel's pips predator?

Don't spend money on a trading course, but do spend time (and a bit of money) on learning technical analysis from the internet and books

I don't understand the benefit ... I mean, I don't understand how the correlation charts work, or what they do. Could you please give an example of how it works?

Honestly, something I tell people starting out is to put your trade on and use whatever stop you use for your target and see which gets hit (this helps to determine whether your analysis is good). Work on finetuning analysis and then you can focus on order management. Too many new traders take...

If they cold called you it is a scam for sure. To answer your specific question go to the FSA website and look them up.

Zero risk and Forex can't exist together. But still there are goofs who are buying this promise.

OP, who is your broker BTW?

Let your profits run. Cut your losses short. To do anything otherwise you are declaring to the world you know better than the market. Remember the market is more powerful than you, that is not to say you do not have a special insight.