docdan4x

Re: How to prevent fatigure or boredom when trading

As some said above: Treat Trading as a buisiness. Choose a strategy to trade and take a certain time per day, like a normal day job. Then enjoy your life.

Another important part, what helped me a lot, i trade with a friend so we can split the trading hours. And we can speak during the boring time, sometimes by messenger, sometimes by phone, but talking about the trading helped me a lot against the boredom.

Re: News Trading...

I only have bad expirience with news trading. You should know the impact of the news to the market. So good fundamental market understanding is absolutly neccessary. You should be able to get the news in the same time as the big players. AND make sure to have a broker that allows you setting trades during news releases AND more important to clse the trade without requotes. This is the most difficult par in my opinion. Spread is another issue, most of the bokers widen the spread during news releases.

With all that in mind better stay out during news time. I very often got burned so i stopped news trading completly.

Just my 2 cents.

Jens

Re: Is it safe to trade Forex for Living ?

Is there anyone use A good EA to make a living in forex market?

having good success in trading with 2 EA, Dragonpips and MD, so far making good money over 3 month, but the account is to small to make a living from trading. Time will tell.... ^:)^