Samar

For sure demo trading contest did very well as a place to practice because of the contest demo we will be more passion to improve the ability we have because there is so much competition in the demo contest and we will try to better in order to become a winner in the contest demo.

Well, since main job mean that we make our living from it, that mean forex trading is our main job and we need a lot of skills to make our trades result is good not bad, and always in profit. If we don't have skills, I recommend reconsidering Forex as main job at least for the most people.

Failure to plan means planning to fail that's why I always read the charts, read the economic news after which I analyze the market so I can draw out which currency pair to trade, when to enter the market, when to exit, which leverage, to set stop loss as well as take profit etc.

Well, It's not really easy to earn money in forex trading because it's a serious business that there are huge amount of money involve in here so we should really take it seriously as if you want to be successful in here then you just have to keep practicing because we know that learning never stops.

Consistency is the issue here because a trader can make some quick gains today and lose it all the next day. The best thing to do as a forex trader is to trade with a system that has been tested and trusted and one that suits the personality of the trader in question.

Trading often has the advantage in that you will likely gain experience much faster than someone who trades casually. But a trader does not need to trade regularly in order to secure profits. You always trade depending on whether there are good trades to get into anyway.

There are a lot of things at play when you are dealing in Forex and an educated mind will be able to do better analysis and strategize to ensure that they are better placed to make profit. A gambler can just close their eyes and choose any trade and randomly make trading decisions whereas a learned trader will choose trades carefully and make informed trading decision.

Newbie may laneways is much better to learn all kinds of pairs to be traded so that they can choose which pair that will benefit their trade and which pair is more convenient but the movements were analyzed separately dsalam this pair learn new traders should learn to use the demo account so as not to a loss.

I would just to say that any amount would be the base amount for start any forex trade. But start with $1 is little tiny figure for any, because it anyone can get highest profit then 10% of $1, i.e. only 10 cent increment. So I wish $50 is the best figure for start any newbie.

I see that most of the investors here are usually investing huge amount we know the risk but it's obvious that they have high potential to double or make it as a living. And I know that we have many chances to try to earn in forex. We really should learn also if we wanted to be successful particularly.

Demo would always remain at every point of time important that traders would be practicing. There's no other way for traders to truly learn forex trading. Because they can't just learn thoroughly forex in just what stated in the books or in the online resources.

About me, I hope to be able to make constant monthly profit with trading forex, it about just about trading skills and how well one understands the market. you can even trade as pro and also make forex as your main job if you have good skills and enough experience.

Trading plan is like guidance to traders to keep stay away with the worst scenario. Even sometimes, all psychological problems can be handled. This is what will be able to direct a trader in their quest for profits on when and how to trade, when to enter into trades and when to exit.

It only a matter of time before trading will become easier. But we still need to always improve our skill and experience to trade by doing consistence learning and practice. If we are too lazy to learn, making money from forex will be more difficult for us.

Forex is only complicated. You only need to have one tested and good trading system or method and then discipline with it. It takes a lot of education to be able to make sense of this market. It is a very unpredictable market as well.

Trading daily means you are doing analysis daily and if you think your position still going to earn more money then why close it today. you do not need to trade every day. However, like the poster above says, trading every day does not necessarily mean opening and closing deals on a daily basis.

Forex is not at all a gambling and i strongly oppose that the only common factor which we can compare both is the risk factor and it is not at all safe to invest with gambling sites because they do not need any educations and you can earn money if you are lucky or else you will be loosing but forex is not like that you need to be fully educated with forex skills.

The most popular one is what i am going to focus on which is dollar / euro. I will have to forget about others for now until later in life when I have gained much more knowledge. Trading one or two would be more than enough. I don't see the point in trading with so many pairs even if you are a good trader already.

When you improve your knowledge and experience then you are in a better position to return profits from that amount rather than losing. A newbie needs to ease themselves into trading with small amounts. They to make investments worth hundreds or thousands of dollars when you just come out of the demo account or while you are still in the early stages of your trading career.

I think that Forex trading is combination of talent and self learned, because even if you try hard if you really do not have mental capacity to interpret different trend you will go to loss money. It's not necessary to make vast resources to be great and good in trader. It's good to have enough knowledge in trading already as long as we can trade and knows the basics.

At the most times I just stand by MT4 and just monitor any progress or movement of different pairs. And when I have open trades then I will going to monitor it as long as I have find it already good to close the position.

It is true that luck can make a game and can spoil it at other time, but we always can not rely on luck alone or luck is going to always turn our wrong deeds in good, so those are our skills that really matter in long run. I believe that the most important actually is education and experience.

About Hyip, I think that is too risky, it's better to invest your money to another field of business than HYIP. I prefer forex. Because you can some handsome money, and you your self can work and earn profit.

People are just not easily satisfied with what they've got and it is essential for them to have those. Just think like having more needs when we grow up is like what our satisfaction is. In forex trading we have to learn how to apply the discipline and control of psychological properties including the nature of greed.

Compounding is not advisable for a newbie to compound because the higher the capital the higher the losses will be. If you compound your all profit then on a loss day your entire capital that include profit also will be at risk.