Ghost

And for those who are decrying the absence of LR as a preferred payment processor on JKKE can go on to this thread- http://www.jkke.com/showthread.php/20432-Accepting-LIBERTY-RESERVE-at-JKKE - and make their votes. The Admin has placed a condition for the votes to be considered, and there is a time limit too.

It is puzzling to me. And when i just thought, yup maybe LOT is getting back on its feet, activity is getting better, then this: I was speechless when i saw it, because this was the talk all over the PTP industry at a point, and if they go down i wonder how many other ptp forums would go down with them. The question now is, are the pending requests before the closure going to be paid?

Robots in generally do not fancy me, especially because of the stories i hear about how they make profits for a short period and then make huge losses afterwards. Free robots are okay, but be very wary of the word 'Free'. And if it sounds too good to be true, it probably is.

Getting free money for forex trading usually comes in the nature of bonuses for participating in contests, or posting in forums. This free money usually comes with impinging restrictions which are understandable from a business perspective. However, it is really hard to amass a bountiful amount of free money.

I do not think that they are meant to be compared as rivals, each jostling to occupy top spot. This is a wrong manner of approach. we should see them asmutually exclusive in this case and serve different purposes for traders of different levels. Hence the need to be able to get ahead of the arguments and into reality.

It i not possible to lose more than the fund one deposits no matter how hard you try. Except one wants to separate bonuses as not being part of funds deposited. This scenario does not stand to reason, and it is even hilarious. One thing though is to no be scared of the likelihood of losing all your money, rather it would be better to set your eyes on the expected profits and work hard for it.

Knowing when to trade is very essential in trading, as it is the real reason for doing a lot of reading and practising for in demo account. It is not an easy business at the beginning, but with time, it becomes easier as a trading strategy would have already been formed and mastered and used to evaluate opportunities and know which should be taken advantage of.

It is very important to understand the degree of risk in forex and work on your trading skills, bearing them in mind. The risk is always thee and never constant. The threshold for risks is basically unlimited, but individual thresholds controls the market's appetite. Learning to use this to your favour, requires that one understands the principles of Risk management in Forex.

Making profits from Forex is not exactly the easiest thing to do. It gets harder when the realization dawns about how it is inevitable to have losses that would upsets these hard-earned profits leading to the use of the term net-profits to imply forex profiting. One should be able to make more profits than losses, and this is made possible by working hard on your trading abilities.

Traders fail for a lot of reasons, and though the main causes are emotions and lack of discipline, that are many others that are annoying. Like for example, some traders fail because they assume that predicting in Forex is guess work, and make it turn into a game of gambling. Then there are those who choose to trade directly on the live account without even using the demo account after doing a little reading.

Time and again, i have read of the need to be more watchful to trade than to just take every opportunity that presents itself. A trader friend of mine told me his trading for this month has been doing fine. My next question of "how many trades he had open as at the time of my asking", and he replied that he had made only 2 trades in this month and was making good profits on both. I think that is the lion attribute.

A trading plan is very important to make systematic approaches to achieve your set goals. The truth is that everyone have got goals, but only a few have made plans to achieve the goals. And in Forex, this is a limiting factor to enjoying success. For example, a trader would have a goal to make X amount monthly, but does not outline how to achieve it.

It is important to understand the effect of psychology in Forex, because at different points in time, our psychology differs and influences our outputs that in turn influence the results we have. Psychology has to do with the state of mind, which is not primarily about emotions like is widely conceived but about how you reason at any point in time. Shaping it is very important as it would form a core part of your trading style.

Losses come and go in forex, so i learnt. And no matter how huge the loss is, it is possible to bounce back to profits if discipline is maintained and skills are improved on. It is also important to point out that many of these losses could have been avoidable. Like those that were caused by emotions, lack of discipline, poor trading skills.

The broker i use for my demo trading has been considerate to me, although i am still far from satisfied until i can confirm that the services in the real account[when i get to that stage] are the very similar to those of the demo account, especially the responsiveness.