radex78

Yes money management is important and risk management too, this is also very important which as trader need to always keep discipline with risk management to prevent from big loss in single transaction, and to keep discipline also need high intention because if trader always emotion usually will break rules risk management

As my trading career, forex trading remain risky and no perfect trader that always able making profit without loss, although possible, if they having system that proven able making profit, there are system based on arbitrage trading and this is profitable systsem but very complicated and not every trader can also not all broker allowed

Yes actually also will depending with each trader whether they will treat as full time job or will treat as part time job because this business included as flexible business which we can trading anytime, and there are some trader tha using ea to replace their hand making transaction in forex market

Yes of course as trader need always keep to practice and learning, with more experience and facing many kinds condition on the market hopefully will able analyze and determine best timing to make entry and exit point, and this is also required more practice with trial and error because without good learning hence as trader will able make better skill

Maybe so many trader learn from babypips dot com, which on schood section we can reading forex class from beginner to advanced knowledge, and also very good and important practice with demo account, almost broker offer demo account and we can learn system trading that suitable with our style

If making comparison speed of server broker indeed can different between one broker to another, because might quality server and also distance of server with computer client, might this is also required more time to retrieved data because long distance

Demo contest as one way to get prize and as capital from free source, because to participated on demo contest is free of cost and we can trying on several broker to increasing opportunity become one winner, but indeed demo contest not good to trained money management and risk management because usually trader will trade high risk taker due they chasing maximum profit

Bonus capital that free no deposit bonus usually many trader will fail, I think before start using bonus as trader need to practice and finding profitable strategy in trading and we can making good result during practice in demo account, make sure in demo already having profitable strategy and system trading

Yes forex business is very risky and sometime as trader should to learn how to minimize these risk with keep practice and learn how to analyze the trend market with high accuracy, might we can using help tool indicator to analyze trend market and become trigger to making decision

T Greedy in trading usually will making fail eventually, indeed if on lucky will able increasing money easily in trading, but overall if only relying with lucky hence will hard to survive in forex business and we can learn how to trade with proper risk management, first to thnking is how to minimize the risk and maximize profit, good system trading need to tested and to finding profitable system and strategy also required practice and keep learning

Yes of course as trader need make research before joined on broker, I think will disappointed with any trader joined and facing with scamm broker when they can making good profit but when withdraw money rejected and sometime blocked account with no reason, forex business is high risk and as trader should keep discipline with obey rules only spent money that afford to lose

In daily trading we will always make effort and keep struggle to increasing money in account, and practice everyday will giving valuable lesson because will facing many kinds circumstances and we will take lesson from these experience, and having high dedication also will help us to survive and keep learning

This is main point and important for trader to learn how to analyze the trend market and also keep discipline with risk management and money management, in trading if we get little profit it still better than loss, but in trading for long run, might little profit is not good if sometime facing big loss

Yes reading term and condition on broker also good and important to get understanding how to work on these broker, because some broker might don't allow scalping and some another allow scalping, and to avoid misunderstanding when facing with these problem not blaming broker

I think most important point is skill to analyze the trend, and understanding with market behaviour, learn how the market work like as fundamental and also technical analysis and that also very important is about risk management, and money management, work as scalping or intraday trading is option and as trader have own choice to work with one system that suitable

Because profit and loss in forex trading is two thing that become part inside forex trading, many people that scared investing money in forex because this is high risk business and might losing money, but almost investor that losing huge money in forex because lack in knowledge and might inly interested with promising some forex marketer which only said about potential profit but hidden risk possibility

For newbie learn basic forex is important so will get at least understanding about forex business, because sometime any new trader interested to learn forex because tempted by promising income which they look their friend can making good money from forex, and sometimew they jump to register account on broker while still don't understand step to start trading

Nice article and useful for all trader open mind to learn trading strategy with using own brain to improve strategy become better, and yes risk in trading always involved and sometime unpredictable, anytime possible facing loss, and we need to trade with risk management, some expert suggested for saving than boosting, it's mean with strict risk management hence will increasing opportunity

Yes without money management will hard to maintain account longer life because forex market sometime move very dynamic and unpredictable, if greedy in trading usually only will making failure in trading and we cannot maintain account and will facing margin call quickly

Demo account only for backtesting and not to making real money, except take part in demo contest and become winner might will get real prize and start trading with prize and might if profit again will become real money, and usually practice in demo will not involved emotion

So many broker in forex and we can choose one that according us is good broker and smoothly to deposit and withdraw money, but for beginner might will better choose broker that offer cent account, and start with small capital, now many broker offer low minimum deposit and start with spent money that afford to lose is better than reckless using big money while skill not supported

If any trader having intention take part in demo contest hence they need to always make sharp trading skill to analyze and having good strategy to making profit, usually demo account has certain time period, might a week might a month, etc, to become winner also need hardwork

Over trading is not good habit in trading forex, this will making confuse how to manage all risk and order, will better if we work with proper money management and risk management, because we can't control the trend market but we can control our risk level, some pro trader suggest to plan risk less than 2% although there are trader that having risk level 5% but they only open maximum order one or two a day trading

Spent money from own pocket also as one way to trained better psychology trading because already using real money, but before invest with big money will better they already having good preparation even use bonus capital but make sure they can work with better result which already able manage money with proper risk management and money management

In every business required courage to start, while forex business is included as speculative investment and required good learning and also ability to analyze the market properly and we can learn from our experience but also we can learn from fellow trader, we joined forex because still want to making money from this business which still very promising