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mlawson71
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Posts by
mlawson71
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EUR/GBP
in
New Traders
Dec 08, 2017 at 16:51
All that goes up must come down sooner or later. 😁
Fun on MyfxBook
in
General
Dec 08, 2017 at 16:49
:D You're most welcome.
scalping is risky ?
in
General
Dec 06, 2017 at 16:52
Don't most of these scalpers use robots? The ones also using SL, that is.
EUR/GBP
in
New Traders
Dec 06, 2017 at 16:49
I sure hope so, this range has lasted for long enough.
EUR/GBP
in
New Traders
Dec 05, 2017 at 16:02
I give up for today, earlier I opened a long and I had to close it at a loss when it fell. :(
Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc....
in
Crypto
Dec 05, 2017 at 16:00
@leo23 Thank you so much for all this advice. Some of it I knew, some of it never occurred to me. I've long used free anti-virus software and I trusted it, now I need to think about alternatives. :(
What is your trading strategy ?
in
New Traders
Dec 04, 2017 at 15:33
I agree with all that has been said above. Also, I would add that when picking a strategy a trader should remember two things - that he shouldn't be afraid to switch out a strategy that is not working and that he shouldn't try to fix things that aren't broken.
90% are loser ..why ?
in
New Traders
Dec 04, 2017 at 15:29
Binary options brokers, if we can even call them that, are exceedingly untrustworthy. These companies employ all sorts of tactics to pull the wool over their clients’ eyes. Here is the latest example – the Swiss regulator Finma issued a warning against the binary options broker UBSOption (https://www.forexbrokerz.com/news/Switzerlands-FINMA-warns-of-UBSOption-Brokers-Option-binary-options-brokers). Said broker claims to be based in Switzerland but in fact the address they’ve actually listed is in Eastern Europe. And then there’s also the part where they clearly want the...
EUR/GBP
in
New Traders
Dec 04, 2017 at 15:26
Meanwhile EUR/GBP is at 0.8760. Do you think it will finally break out?
Importance of Stop Loss
in
General
Dec 03, 2017 at 14:54
I, personally, prefer to use stop loss but I generally recommend doing so to anyone who asks me, but there are people who trade without it and do just fine.
EUR/GBP
in
New Traders
Dec 03, 2017 at 14:52
The swings still seem pretty extreme to me. Look what happened earlier this week.
Risk and Forex
in
New Traders
Dec 02, 2017 at 15:14
True, most are scheduled. But you also have events like the Swiss bank unpegging the CHF which threw the market into chaos totally unexpectedly.
EUR/GBP
in
New Traders
Dec 02, 2017 at 15:12
Even I exercise occasional good judgement. 😁All joking aside, the bitcoin situation is fascinating to me. No one believed in it just a few years ago.
Help me i am a newbie
in
General
Dec 01, 2017 at 16:44
There ARE a lot of scamming companies offering Forex trading on the market. (https://www.forexbrokerz.com/news/tags/warning) . Unfortunately many newbies lack both the knowledge and the experience to differentiate between a legitimate company and a scammer and they do end up getting scammed. It’s not all just empty complaints from people who trade badly because they don’t know how to trade.
Overconfident
in
New Traders
Dec 01, 2017 at 16:41
That was my sentiment exactly. Arrogance severely clouds one's judgement - just as much as irrational fear does if not more.
EUR/GBP
in
New Traders
Dec 01, 2017 at 16:40
I closed all positions and I'll wait for Monday to open new ones.
EUR/GBP
in
New Traders
Nov 30, 2017 at 16:35
I don't think we will see it fall below 0.8700 for the time being.
Risk and Forex
in
New Traders
Nov 29, 2017 at 16:20
That is certainly one of the risks involved. But you also have random events causing spikes in the price, and those are unpredictable.
EUR/GBP
in
New Traders
Nov 29, 2017 at 16:13
I haven't decided yet whether I would be opening longs at 0.8800, it may drop below that level.
Importance of demo trading
in
New Traders
Nov 28, 2017 at 15:17
Good luck. Don't forget one thing - when you decide to open a live account pick a trustworthy broker, make sure you research them well properly before you give them your money.
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