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Posted

Re: When You First Entered The Forex World . . .

 

I consider my initial money deposited as a fee, same as a tuition fee. Gone. Its all learning money. But of course i expect to get it back in the long run...

 

/Pilotlife

Posted

Re: When You First Entered The Forex World . . .

 

I've done some futures trading, however im new to forex, just reading now, planing to start demo in a few weeks. Fx is good because it has good trading times unlike the US future markets.

Posted

Re: When You First Entered The Forex World . . .

 

Sort of, but not entirely. On one hand, I wasn't reckless and I tried as hard as possible to not lose the funds (obviously lol). On the other hand if I did lose everything, it wouldn't have been a problem.

Posted

Re: When You First Entered The Forex World . . .

 

I put $500 in live considering spent for something, if i gain and get $1000 i bring back my original $500 and continue with the rest.

If I loose, no tears.

 

 

Fx rookie thoughts =))

Posted

Re: When You First Entered The Forex World . . .

 

Lost first account to countertrend martingale Ea that did very well in demo, but on real accouint put it on too many pairs caused excessive drawdown and heartburn. So now trying to soak up as much techinical and fundamental analysis I can and probably only manual trade next real account. One thing for sure like was said in first post and many other posts Forex is an continuous learning enviroment.

Posted

Re: When You First Entered The Forex World . . .

 

honestly, more than 3/4 of the people who enter the forex market inccur losses. its about being informed. i think we need to spread out our strategies to prevent thi!

Posted

Re: When You First Entered The Forex World . . .

 

I considered my initial deposit as tuition to allow me to try some things live that I had 'learned' in Demo mode.

It is different when actual cash is on the line, but so far, I am managing to continue my education in a small way

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