radex78

I think many trader will better if they keep practice on demo account until they having confidence to making profit before start on real account, as early preparation with make sharp trading skill, if likely on demo still often fail and losing money, it's mean on real account will not differ much

Yes I think better if we also understand with what we doing, in trading forex is not about target profit, but also about risk management and money management, sometime any trader being over confident with their analysis then become greedy, violating rules risk management, but actually we can't control the market, so we should discipline in trading, except ready with the risk

if compared with hyip, hence forex still more safe than hyip, if any investor put their money on hyip with expectation will increasing profit, almost hyip will turn to scamm, but investing on forex on broker this is safe as long as we not enter on scamm broker, but however forex is risky, and don't invest all saving money on account forex for safety overall financial

Control emotion is very important part in trading forex because often when trader facing with emotion hence they will become reckless and making blindly decision, if any trader they never can control emotion often the end result will fail eventually, forex is risky and will more risky if trader always trading with emotion

Good money management also need accompained with good risk management which on trading without money management and risk management hence will difficult to manage money and might will facing many difficulties how to making profit from forex, risk management and money management is two thing that very important for trader

We should understand if forex trading is risky business and this is not instant to become rich from forex business, required hardwork and struggling to become success trader which utilized demo account is good for trained skill although only use virtual money

Yes right there is no instant way to become successful trader, and if we can learn good and we can manage money on uncertainty market condition, hence forex will become good trader that having good ability to increasing money on account trading, and we will become rich from forex someday later maybe

Yes demo account is good for learn trading especially beginner, which on trading forex is required good experience and also knowledge, which on demo account actually the market condition remain same with real account and we can test any system trading on demo account with free of risk at all

Trading with support and resistance is simple to trading analysis, some another using basic demand and supply analysis which also has similarly with support and resistance analysis, which as trader will focus when trend on equilibrium area which between demang and supply on balance, they will waiting breakout

Might many people scared investing money on forex market because they won't losing money, or they ever get worst experience when investing money on forex market they facing with loss huge money and promise will never investing again on forex market, because beside forex promising good profit also this is included as risky business

I think as human nature, emotion will appear on trading activity, trading without emotion is impossible, except using ea and as trader will give up with ea performance whether will profit or fail, and for trader that prefer trader with manual trading will better always control emotion, when facing with successive loses, as trader need control emotion properly

We can use demo account indeed for learning purposes, but actually demo account can't develop better psychology trading, because treat real money and virtual money is different emotion, but as good trader can utilized demo account seriously to backtest any system trading or if any trader using ea they can backtest on demo account

All decision depending with each trader how will managed their money, there are some trader that they dare trading without stop loss, because they have reason as long as follow major trend hence will possible catch profit with averaging strategy, but indeed if when all order on floating also can making anxiety on trading

Greedy is like as enemy that appear from our own selves, this is because we want get more or big profit at short time, but we don't realized if actually we can't control the market and trend easy to changed, when greedy leading us, and trend against order then loss also will easily bigger

Yes right, discipline is very good habit and this is sign trader having good psychology trading, many trader fail also because they can't discipline with trading rules, and often greedy with high risk taker or over trading, and when facing loss then revenge with using bigger lot size

Yes loss is part on trading, I think no anyone trader they can trading without loss, no perfect trader as always, and most important on trading is keep discipline using risk management and money management, which as trader will can survive if they can managed account with good money management and risk management

Will good if start with small capital if already having experience and they felt confidence when using demo account, now many broker offer micro account with cent account, for learning purposes using cent account and start use small capital is good to trained good psychology trading

Broker is company that giving service for trader and they will happy when many trader using their service, and they will get profit from spread fee and commission, but there are kinds broker dealing desk which they will get profit when trader get loss and they will loss if trader win

I think no any trader along their trading career will having capability to trading without loss, loss is part in trading, so on trading forex also as trader will always trade based on money management and risk management, with experience and learning will possible will making better skill trading to managed account

Might as human nature they having emotion, especially newbie that still lack experience, facing one loss sometime leading them to become reckless and emotion then trading blindly, but after they can realized emotion only causing fail on trading then on future they will able more carefully and learn from their mistake

Demo account can used for backtesting ea or system trading, but for newbie using demo account is very essential, because trading on real account will facing many difficulties when still no experience, and demo account can used for learning and practicing on real market condition with no risk at all, only using virtual money

Yes on trading without loss is impossible, because forex trading is risky and loss sometime inevitable, but if always facing with loss also will making disappointed because almost goal among trader is making profit on trading, and if likely still always facing with loss it because skill still not good and need learn more with practice

On trading forex we have own choice, whether will using long term plan trading or we can using short term plan trading, choose one that suitable with us and giving comfortable on minds, I am also still often trade with swing trading plan which sometime open trades more than few day, because has long term target using daily timeframe

If we following suggestion from expert trader will better we keep trade with risk management and only take the risk not more than two percent on every plan trading, because with this way still giving more opportunity try again, but might not all trader like with this way, sometime trader using extreme strategy like as martingale trading system that requires more risk

Discipline on trading is very important for trader, with discipline hence as trader they can manage money with better according risk management plan, there are many expert that giving advise about risk mamagement only two percent per plan trading, so we will get many opportunity to try again