I am teaching myself with help of a friend

Google The realistic Trader

He's a mate from school and makes a very decent return of 5-7% per month. I'm copying him on a dummy account to get used to it and have turned ?50k fake money into ?61k since November after he taught me the basics and his technique

Posted By: Tony Martin on August 5th 2015 at 14:43:44

Message Thread

Anyone here trade Forex? (n/m) (General Chat) - essexcanaryOTBC, Aug 5, 14:24:46
- I've just rebounded a Forex business (General Chat) - pieman63, Aug 5, 15:14:36
  - Spot on, much weaker markets out there.... (n/m) (General Chat) - usacanary, Aug 5, 17:27:05
  - Yep because like casinos they can keep playing whilst others are wiped out (General Chat) - essexcanaryOTBC, Aug 5, 17:01:36
  - Rebranded (n/m) (General Chat) - pieman63, Aug 5, 15:14:53
- I am teaching myself with help of a friend (General Chat) - Tony Martin, Aug 5, 14:43:44
  - Oh cool well done, thanks (General Chat) - essexcanaryOTBC, Aug 5, 14:47:29
- Always seemed risky. I have no knowledge that the rest of the market doesn't have (General Chat) - Old Man, Aug 5, 14:31:25
  - A lot of trading is about pyschology and risk/money management (General Chat) - essexcanaryOTBC, Aug 5, 14:46:16
    - All about capital retention (General Chat) - Tony Martin, Aug 5, 14:48:23
      - Agree with stop losses but think it depends on the trade risk reward ratio (General Chat) - essexcanaryOTBC, Aug 5, 14:50:16
        
        Yup. you can be wrong more than you are right and still be profitable (n/m) (General Chat) - Tony Martin, Aug 5, 14:52:47
        
        And as you gain experience it becomes easier to spot the higher probability set ups (General Chat) - essexcanaryOTBC, Aug 5, 15:01:55

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