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quote originally posted by fxtrdg:
Hi, Is there anyone would like to share their Forex Trading experience over here? In forex trading, 95% is loser, and left 5% is winner. So, were you classified yourself the group of 95%? Do you believe in Forex trading for living, earn extra income, or become a millionaire? I used to be in the group of 95% till i met my boss then i decided stop trading forex, but riding on the boat of 5%. Personal advise, pls don't waste you hard earn money in Forex Trading if you have a small capital. All those called "Gurus" will never help you but paid for a lesson. EA or auto robot will burn you account in long run or margin call. Forex trading is opened for big guys to play. Cheers
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Fx has been part of my life, however when casino opens, i seldom trade. This game is HOLDING power, Is how much you can tahan the swing.Time to time, there is no fix rule of how to play this game.I always choose a support lvl or resistance lvl, put a 100 pips stop loss.However winings must be more than 100pips.It invole of major countries' economic, political situations, interest rates fluctuations. Sudden hike or cut rates without warnings, interventions etc.Sometimes very stressful,keep checking rates every 5, 10 mins. Is 24 hours, even late night i got to make phone calls to check high/low.There are many ppl who boom from fx vice versa bankrupt on fx.Fx is very addictive, those who win are the ones know how to cut loss. Thats my 2 cents opinion.Gd6
This message was edited by BIN on 16-Mar-2010 @ 4:14 AM
BIN Good Luck & Cheerios
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