Recent content by xche6670

Thank you for sharing your thoughts and the broker. Their service seems quite nice. I'll try working hard on this and try not to blow another demo:) Wish you a profitable year!

Thanks a lot for your advice. I'll continue working hard on trading. It's a shortcut for me to become poor, rather than rich:) Best of luck with your trading:)

hello traders, I'm a newbie who has made many serious mistakes and I even blew my DEMO account. I heard nearly noone has net loss in their demo acct, let alone blow it. So, have you heard of anyone (other than me) who suffered in their demo acct??? (if the question is no, maybe I suck too much...

to BeginnerJoe: Many thanks! Now I understand much better. Very insightful analog between trading and sports.

I read books saying traders cannot trade with emotions, which will cause biased view about the market. However, I just don't understand, how exactly, through which channel, emotions hurt trading. I started to think of this when I found myself greedy and buy at the top, while fear and sell at...

Yes, I am not so idiot as last time..... so lucky to avoid loss again... I choose not to hold any position before the release of important data

I definitely will, after I close this losing position next week. Too much loss than I can afford.

Honestly, I agree with you. I know nothing about Forex, sometimes just depend on my feeling. I'll stop trading for a few months, seriously learn some skills and try to come back. Thank you for expressing your opinion. Really helpful to me.

Thanks a lot for your teaching. Very useful.

Btw, I heard every day there are about 4 trillion dollars traded on Forex market. Yesterday the US consumer data is attention-drawing so I guess there are more than 4 trillion dollars. At the same time, EUR/USD must be a hot market, and the money on EUR/USD maybe more than 1 trillion? Moreover...

Hello all traders, Last night there was a "great" event in EUR/USD, minutes before US released their consumer index. Now my unrealized loss is about $3000 (down from an initial $1000 profit). I tried to google why EUR can be so strong, and some answers talk about "short squeeze". But I still...

I'm living in Australia and I'm thinking of trading some Japanese shares. I currently use the Commsec's international trading service via it's connection to Pershing LLC. However, I have to pay a high transaction fee. I have to convert AUD into USD, then USD to Yen, and all the way back...