Honestly, forex can be wild! You gotta be seriously good and consistent. Better keep another income source handy.
Absolutely spot on! Managing our reactions is key. Markets are gonna do their thing regardless.
Thanks for sharing that! That's interesting.
I feel you... long-term drawdowns test my patience too.
Haha, this is true. But mostly it depends on the broker, tbh.
One thing that helped me a lot was lowering my risk per trade. It was then way easier to stay calm and think clearly.
Try following economic calendars closely, keep an eye on central bank news, and watch market reactions to major geopolitical events!
ECN connects you directly to liquidity providers, while STP routes your orders but can still add markups. ECN has tighter spreads + commissions;...
Same here! Stop-loss limits played a huge role in my journey too. Building that discipline early on made all the difference, and over time, I...
In forex, even with an ECN broker, you still have to deal with the spread... that’s just how the market works :) Your buy limit gets filled at the...
it’s definitely sticking to stop-loss. It's tough not to move it when you’re in the red, but sticking to it is key for long-term consistency.
They’re winning at life! Nothing compares to loving what you do for a living.
True. Choosing a base currency comes down to what aligns best with your strategy and comfort.
For sure, totally agree. Forex isn’t easy, but with good risk management and sticking to the process, it’s possible to get there.
It’s respected because so many traders watch and react to it, creating a feedback loop.
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