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As long as we are willing to make profit there would be ton of chances for us. Also overall we will be successfully to execute the trading and even make bigger profit based on what we have right now. The key is discipline and patient enough. If we think that forex is not easy nor that much hard i think we can escape the mentality where trade is a bad idea to do.

On H1 chart, hanging man formed and followed by strong bearish sentiment indicated further bearish sentiment or correction. I see EURCHF is testing pivot and if able to break it then it will likely to fall further especially with RSI and Stochastic support. Price according to my analysis may fall in the range between 1.0847 - 1.0840.

If you obey the rules and keep doing that then that means you are discipline enough but it doesn't mean you are not flexible, like if there is fault in your strategy or habit and it is proven to be bad just switch or find the alternative or just patched it with the new which maybe still quite experimental. Discipline yourself and you will see the difference when you trade.

That is once again depend but at least it will give you chance to feel the competition and a want to win that competition which in the end where you must make a lot of profit which is the main target of trading in forex. You actually don't have to trade in contest just trade in demo account and you will know how to trade here.

Want to eliminate forex's risky fully? Impossible. You can't that is inherently the part of foreign exchange itself. Eliminate the risk fully means forex will be nothing or at least business which is not very lucrative with very low interest. But there is something you can do which is lower the risk as much as possible, but still make forex still lucrative.

Demo account is better than real account is the matter of perspective and psychology. You earn better maybe because you are more relaxed when analyze the market in demo account. In real account with more pressure you cannot make a better analysis thus leading to more losses and in the end you see this as you earn better in demo but not in real account.

That is true and earn slowly is what you all need to be success, never push yourself too hard in this case. Also it is true that you don't have to satisfy with all the result. I mean you must know when the right time to stop, never stop to think that you will make more money but do it with realization that you cannot get those all instanly.

When someone want to have consistent result they must practice, and that is the same case with forex. You see a trader with a good and consistent profit result usually comes from the good background. They have lots of experience which means before they practiced a lot, and also indirectly when you trade in real or demo account it means you also practicing your skill.

It doesn't have to be like that, if you able to program yourself you can set SL and TP to your robot so it will react just like when you trade by yourself, maybe the difference is its initiation to start open a position. It is not you but your logic and your own code to start to open a position which may make a risk but that is part of EA.

That is recommendable to certain extent, AI will be expand itself through machine learning. Forex AI will also evolved to that direction, i read few articles about this and many of experts seems optimistic and i think that maybe one day Forex AI will become more like human but without emotions, i mean it is more dynamics and flexible.

That is why it is harmful when we cannot objectively trade since emotions are really something in this case. It affects the way we trade and we cannot think logically. Well the control over trading could be lost because of emotions and also because we give the control to foreign exchange robot which automated our trading.

True annemorris, they are pseudo broker or the broker which don't have good intention to traders. Why we should limit scalping? That is legal way to trade and nothing wrong with it, and if one broker cannot afford more servers i think that broker is not ready to be a broker, since becoming a forex broker we must expect this kind of trading.

I think it is either long term or short term which become more profitable for traders. Short term still profitable, proof? Look at daily traders, they are still making tons of money and some scalpers too. Long term is also profitable, proof? Look at those swing traders which earn hundred pips per week or month, really pay off and they are well known as one of the big traders.

Some of them have regulation but most of those brokers are lax regulator, they are not that strict which makes their company doesn't have much burden if they want to do something bad. Regulation in the end is one of the most important parts when looking for reputable and reliable broker, i know it won't give any guarantee but it is a better indicator to choose a broker especially when combined with other factors.

I don't see anything to argue here, basically everyone has the same equal chance to make profit but it doesn't mean that all of us can make it. Most likely the newbies cannot have much chance to success in their first trading. But right now i see there are more chance of me to make profit, but this is all depend on our own experience and also the strategy we use.

Well just like what i said before it is all about diversification, if somebody want to diversify their investment that is good and with investing in a ptc such as neobux you will have better return and also it is pretty much safer than other investment. $3000 is not that big but if you have a good place such as forex and neobux that would be different.

That is what expert advisor lack of, but machine learning is evolved since the day one it introduced to the public. People right now try to make a better model of forex robot. Mostly forex robot works well and even under automation which makes it more responsive and also profitable also able to react to more situation, but still human made robot lacks of something.

When we compared forex with other traditional works i think there will be the same, i mean in the business not jobs like working under somebody's company or become a civil servant and similar jobs. If we want to discuss more about RM then that would ended up the same because on traditional business and modern one such as forex, risk management still important.

It is also a quite stable compared to Forex but still on the high risk boundary. I will choose forex not stock because forex is more flexible to me rather than stock, also it has better minimum deposit and also better cycle compared to stock. Even i must admit that we can earn through the shares ownership also through speculation/trading.

That is why i said that it will be exist no matter what, fixed one actually lucrative and seems promising on the theory but inside this is flawed one i mean it has more flaws than the floating one which based on the difference of the price in the real market feed. Fixed rate means that they won't follow the demand and supply law and it means the market is under broker control or created by broker itself.

Not all broker are trustworthy, only some which i think is worthy for our trust but usually this kind of broker have higher minimum deposit and also for newbie that seems like unreachable start. Because of this there are a lot of them which start from the broker that offer very low and seems unreasonable minimum deposit. Make sure a broker is registered and well regulated before start to invest our pocket money.

The same is happening here my friend, i also use more than one indicator for my trading and it is all depend on the situation but mostly is the combination between those two. I think by having multiple indicators a trader will be more flexible when analyze the market, they will reach more objective view and able to take better decision.

Common but actually one of the worst thing which could happen to someone, Losing the money is not a very good idea for traders because it means you lose one more chance to get better life from forex. There are many reasons for encountering loss which we may justify our reason to lose.

Forex is not an easy job well from the surface it may looks like an easy job but in fact it is pretty much complex deep down inside and sometimes is so confusing also full with uncertainty which make us more careful when we are starting to take an action, the market is very easily to be influenced by the big rumors.

Long terms without overnight charges? This is sound absurd but long term must rethink the cost aside from spread which is the overnight fees too, it is good if you long AUDUSD or other currency which has positive overnight fees but the one with negative overnight fees will give you more cost and burden also means to reach more profit will take the long road.