First stab at forex

Discussion in 'Development and Psychology' started by grimcanuck, Jul 17, 2015.

  1. grimcanuck

    grimcanuck New Member

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    Hello all and first off I would like to say how impressed I am with this community. Seems like a good place for a beginner like me. Started trading forex demo 3 days ago. At first it was daunting but I am beginning to get a few things down. I focus basically on the market opens and scalp away. The pairings I have been trading most are the eurusd and the chfjpy. My focus mostly right now is to learn and get my emotions out of the equation as much as possible. Just mostly looking for any big pointers that I should be entering into my commandments?
     
  2. sqa

    sqa Village Scribe

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    Welcome!
     
  3. Golden Bull

    Golden Bull We got cookies

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    Good luck. You have a 95% probability that you'll crash and burn. >:D

    Cheers,
    -P
     
  4. jack

    jack Administrator Staff Member

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    Hello and welcome!

    (and don't mind Piper; there's one in every bunch :p)
     
  5. sqa

    sqa Village Scribe

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    It's more like a 50% chance to crash and burn. 35% to lose a little. 10% to make a little (but waste a lot of time). And 5% to do decently.

    Granted, showing up here should limit the first one a bit, which is a big improvement to your odds. :p
     
  6. grimcanuck

    grimcanuck New Member

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    Well I work weekends and have mon-thurs off so I can waste lot time. I have been working on making a rule set to live by that will keep me in check. Just going to baby step my way along right now. A small gain is better than a loss.
     
  7. TopFroxx

    TopFroxx Well-Known Member

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    so you are saying there is a 5% chance? :greedy: :greedy: :greedy:




    ;)
     

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