FOREX How To

Losing more than Winning

Since I changed my strategy to only work on the currencies which have a very small pip spread I've started having more winners, my only issue at present is that I still don't have enough discipline to hold off from making trades for the sake of doing something. Therefore I'm making trades that I regret shortly after having made them and I lose more than I make from the ones that I've gained on :(

Oh well the life of a forex beginner, I'm sure I'll work it out someday.

In other news I found a forex broker (I suspect they are actually an agent for a broker) called Mada FX (www.madafx.com) who will give you $5 for your live account when you signup for a demo. What someone could do with $5 I don't know, though I guess theoretically it should be possible to turn that $5 into $5 milion. I tried signing up to their demo so that I can give another brokers forex trading platform a try, though after filling in the form I got a blank page.

Related

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  5. I am a chicken

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