What are the benefits of online Forex forums and how it helps us for making a decision? is it helpful for those who are planning to start their career in forex trade business?
traders are lonely creatures... they usually dont have anyone to share their success or misery... i may feel happy if i made 10% last month and may even tekll my wife about it.... but the same wont be possible if i had lost 10%
also in my case there is hardly anyone with whom i can talk about trading... have some friends who trade butu we may not be able to discuss it on a daily basis
it is more like a social gathering of like minded people.... you may end up learning something new everyday.. but in most cases it just helps keep yourself sane.... releases some stress that come with this profession and helps vent out or share something you did right.. or wrong
forum like this are more useful to traders... i dont think it is a vendors paradise... they really have a tough time hanging around here.... just as hamed or eurosmarter or fmonera
phibase and 999cjb have a nice appoarch as vendors.... i like their honest transparent to the point support here. vendors who try to sell here usually get kicked out or cant handle the critisim , get emotional and finally run away
I may take the credit for making KingsEA guy leave... there are many others who have helped keep this clean from vendors peddling their stuff here.
clean forum helps us make a rational decisions... there will be traders crying foul and confusing you with stop the ea now or you will lose all you money or trade only grid to make money or all sort of stuff.... the secret is not to listen to anyone, but try to reason and argue and discuss your point. if after a healthy discussion you still feel you are right, then stick to your original plan. otherwise learn from what you discussed with friends here.
I would have saved a good part of money lost on fast forex millions if i had been here during the time i was running it...... this has been the best forum to share and discuss about ea based trading.... there are a dozen other forums but i could not gel with the discussion there. some of my friends find other forum better.. so it is probably a matter of tsate and interest...something like each person liking to hangout at a different fav. place