timsingapore

Hello guys, I've realized that for the part few months the price of oil and gold/sliver is derailing from each other. While these two commodities usually move in the similar direction, what are the implication from this current phenomena? What would be the cause of it? and how should FX spot traders position ourselves in the face of that? Please help and advise. Humble trader.

Forming a trading group with other retails traders is really a good idea that I never thought of.I think it proved again what u said is true about most of the retails traders are lone soldier,including myself so i was stuck in that "independent mood". Thank your for your advise and inspiration.

Thank you for your advise and also reminded me two of the most challenging part of trading:accountability and continued learning.

Dear friends of trading Sometimes I am confused and have this question in mind.Can retails traders start trading in a humble way,such as on part time basis or small capital,then gradually grow it into something like an established profitable business? The answer is definitely yes if we're talking about traditional business.But is it the same in trading?Perhaps due to the influence of media which make me think that if I am not someone working as a professional trader or dealer,the best I can get from trading is just an extra income for pocket money because consistent profitability is something that can only achieved by the pro,and it's very difficult for retails trader. To some extents I think it makes sense because no matter how many books we read and workshop we attend,we still lack of the environment(trading hardware,software and surrounded by other pro traders), knowledge and interaction with the market that professional traders have. Can we,retails traders, turn our trading into established business? Please give me some guides and advice.Thank you very much! Confused trader

Absolutely agreed,hope i can be good enough and share some of my insight to other traders like you guys did some day.

To Tradewinds,MightyMouse and wwalker126,I really appreciate all the helpful advices. Thanks a lot!!

I am determined to be a stocks trader as my life-time career,but recently I am wondering should I go and become a stocks broker to know more about the business of trading.Some of my friends say I should,because they think there's no better way than getting to "ground zero" and understand the stuff which I agree as well. However, from what I know about the job of brokers is they are mainly executing the client's orders and not so much involving trading.I am confused and really don't know would it really help my career. Please advise. Thank you!