barako

forex social network thats one way to put it, and they are an american company i think

it really depends, if you are a scalper then look into the 5m, 15m and 30m and maybe the 1h i think some scalpers venture throu the 1m. if its swings then its the 1h and 4h (thats what i look at the most for position traders then its the 1d 1wk and 1mn so bottom line is it depends on what type of trader are you?

the good thing about trading its flexible, I have my day job and i still trade with hotforex, i dont scalp since its time consuming but i manage to squeez a couple of swings every now and then and watch the charts go.

now im even more confused, like where do i start to learn about eas and the right EA to use, even though i have a programming background (ages ago) but i dont think i can use it. more like i do not remember will continue reading in hopes of finding my starting point.

oh well you always have the option of manual trading of course.

the way i look at it, A lot of traders make big money from automated trading, especially if they have the right EA for it, there is nothing wrong with automated trading, like for instance SPs at zulu have their own track that traders look at, it show how they perform in a certain amount of time (weeks or months) from there the trader can choose to follow them or not (correct me if im wrong) it seems to me like the concept of copying other traders trade but with zulu its made easier..

I was thinking more of the basic stuff like - greed - lack of knowledge - over trading - not taking trading seriously - and the psychological pressure - thinking forex is gambling - no risk management - to eager to make money and so on, I had to learn the hard way after blowing an account and it did hurt but it makes people realize a couple of important things, and one of them is our own mistake and our own weakness.

usually people compare their earnings to their capital if you are trading a 1000 dollar and earn 10 percent a month thats small coz they see it as 100 dollars, but 10% is big actually in trading forex, usually expert traders are happy with less than that number, if they are trading a 5 digit account now just imagine how much is their 10% me personally i trade a small micro mini account, and im happy to pass a month with a positive earning while practicing and trying to learn more with so little time given to me, give me 1% of a micro account i would be happy :D

first of all, do not go live if you are new to forex, try going through free online tuitorials such as school of pipsology, just google it, and practice with demo, you can not learn everything about forex in one month, but gradually with practice and interacting with different traders in forums you will learn alot, another thing is, stick to the basics, there will be a landslide of different strategies out there, just look for one that suits you like price auction, and play demo and treat it like real money that will help alot

I thought your were looking for an STP broker, but I guess you already found, and there is this feeling that you've made up your mind, well from one trader to another BEST OF LUCK

i was wondering what free demo stands for, is in't all demos free? :D

I thought zulutrade was a broker or something, these things confuse me.. is it a service offered?

been so bz with the dayjob, hardly have enough time to place some orders in my live account, hahaha it really needs some extra time or more like some crazy risky methods to suceed in demo

I tried different demos in the past and saw forex as a game, not much knowledge i had back then, so I opened a live a ccount with hotforex, and the first week (more like a couple of days) I blow it due to my silly mistakes, taking up high risks and not sticking to my SL and TP. It took 2 days for me to move on and go back to leaning more about the basics, and i shifted from a scalper to a position trader, I still have my day job and i earn extra from trading forex, at times its break even but im happy with my pace

nice, I think I found my self a new contest to join, thanks for sharing guys, best of luck