Comments on: The Top 10 Reasons Forex Traders Overtrade

By: Dan

Dan — Sun, 18 Jul 2010 07:21:55 +0000

Some good points in your post.

You might not be successful at scalping and you might not know others who are either, but I have made a living from it for 4 years, as have a few colleagues.

It’s VERY difficult, and only a small percentage succeed. Just like only a small percentage become wealthy CEO’s or business owners or win the Olympics and World Titles.

Being the best in anything in life is a rare achievement, and average Joe is usually not prepared to do what it takes to be the best. Those who do not achieve should not declare the quest impossible.

By: Daniel Shilina

Daniel Shilina — Wed, 19 Aug 2009 15:51:41 +0000

I agree. And you gave a very interesting and important lesson that can be seen from the lion. A lion will wait a long time to strike and make the kill. However, when it does do this then the lion makes it count. Forex trading should be the same way.

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FOREX Tips: 5 Reasons Forex Traders Overtrade — Sat, 02 May 2009 17:28:28 +0000

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By: Overtrading

Overtrading — Mon, 28 Apr 2008 04:23:27 +0000

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By: Michael

Michael — Mon, 25 Feb 2008 03:15:55 +0000

If you want to start with forex trading I recommend you a small first investment. It is a pretty volatile and risky business. You can have huge profits with forex, but huge losses too… so you have to be careful.

No one can predict market movement, but you can use several tools and indicators that may help you to find your entry and exit conditions. It is rather an art than a science so you will have to read and study a lot before become very profitable.

For forex brokers I can recommend you easyforex.com. There is a very good review of them at http://www.thereviews4u.com

Good Luck. And remember only invest money you can afford to lose.

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NiaTradingSignals » The Trading Authority — Mon, 29 Oct 2007 16:24:20 +0000

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By: James Hendrickson

James Hendrickson — Fri, 31 Aug 2007 12:01:00 +0000

They are some interesting think pieces, especially, The Top 10 Reasons Forex Traders Overtrade that you have posted on your blog. I\’m going to have to take the time to actually sift through them for some ideas. Thanks Again, James. Momentum Trading