Forex Trader

There are several warning quotes for this theme, coming from the best traders around the world; “If you can’t take a small loss, sooner or latter you will take the mother of all losses” ED SEYKOTA “The elements of good trading are; cutting losses, cutting losses and cutting losses” ED SEYKOTA “Cutting a losing trade quickly clears your head and

There are so many mistakes that can determine your behavior in the market, I will try to list the 3 biggest ones based on my personal experience and how to avoid the same. Take advantage of my tips and suggestions that will surely shorten your path to succes and save you a lot of money. Too large quick loss The

Two years ago I wrote an article about this very important subject for retail traders and as I see, that’s the one of the most reading articles in my web. Today, I will present the exact move against the clients from one of those brokers, who are not fair enough, to express myself like that for now. I will not

I wrote something about this theme in 2016 since when my view has changed a lot. I prefered intraweek trades in that period, but besides it didn’t suit me, I did it in a wrong way. So which is the best style of trading to make profit from it? Well, after 9 years of full time trading I tried all

I already wrote this article in February 2016, but then I was not aware of the problems that were waiting for me on the way I had to go through to solve all the problems, which I caused mostly by myself. That’s why, this is my new and the final version of this theme. As always of course, I will

Few days ago I chated with one of my facebook friends and the theme was the order executions. When I sow how his ‘forex broker’ cheats, I decided to write this post. In his case, pending sell order was executed 100 pips below the price, which can’t be explained not even with a slippage, but only with scam in my

I hope that you’re aware that this is the most important issue when you decide to trade forex long term or when you already trade and lose the money quickly! Why? Bigger leverage is, bigger risk is and it’s easier to lose or to ‘burn’ your entire account. If you have laverage of 1:500 or more, you can easily lose your

Mark D.Cook lost all his capital several times while learning to trade including one occasion when he lost more than his entire net worth! In 1982 he sold naked calls on Cities Service that expired deep in the money.  His account dropped from $165,000 to a deficit of $350,000 in a matter of days. In that occasion he made a total

Marty ‘The Pit Bull’ Schwartz run his acount up from $40,000 to $20 million by trading. Mr.Schwartz have a documented record of making 1000% a year, for seven straight years, using a million of US dollars. He is also the winner of several trading Championships, most of the time making more money than all participants together. He was originaly a Wall Street