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Hey Lilly :) Welcome! Where are you from? How long have you been trading?

I would say it's the lure of being financially free, working for yourself and the prospect of making it BIG.

Yeah, I agree, greed is worse because it can lose you your money by over exposing yourself in large positions. It's better to be cautious and not go into a trade than go into a trade and leverage it...

I guess your trick now is to KEEP that money that you lost. Did you hear of that UBS Swiss Trader who lost £1.4 billion for UBS in bad trades last year. Apparently his account went down to -£7.5...

No flippin way. If I had known this information was on here, I wouldn't have spent hours trying to find info on it. I use the PLDOT in my trading now; it's a wonderful indicator of a trend.

Yeah, I'm making about xxx per day! ;) Which is enough for me to live on (and no, I'm not a hooker!).

1:3000? Is that a joke or something? So that means you could leverage your account so much you wipe the entire account out in what... 30 pips?

What pairs do you trade? Are you experiencing losses?

Yeah, I love the new layout, it looks a lot more modern than the previous :)

Okay, you're next :p ;) What is your definition of rich though?

I will help make you rich :p ;)

What new website?

Hey! :) Are you an individual trader or a company?

Yeah, I've used Alpari and they work well for scalping :)

Nah, MB Trading for me.

Nobody know what will happen when either one of them is elected. That is why the markets have been thin over the past few weeks as nobody knows. Nobody wants to make large bets either way, as there...

I've never won anything. I think a lot of times the people in these contests win from luck and gambling, not by sound trading.

I limit my losses by having a low value per pip compared to my account size. I tend to trade on a larger time frames following the macro trends and let my trades run without a stop loss.

What do you mean by the whole limit thing?

Welcome Linda. I can't wait to hear your Forex story :)

I've used them and they seem okay to me. I am not from India though so I can't comment on whether they service India in the same way. I guess you could fund the account and trade small, try to...

What is going on with the EURO, it just keeps going down... and down. Surely it has to stop and go up now? :(

I agree with this; spontaneous trades which are not planned is the downfall for many.

I guess the only thing that stopped me from trading online, for a couple of years in fact, was I didn't have the money to open a real account. I didn't just want to open a $200 account. I wanted to...

I exit based on major supports or resistances. I also class psychological round numbers as those levels.

I sometimes exit based on an equity % loss, where I admit a trade is wrong and cut it off...