Decub

Yes, it's about the risks. Low leverage is to low risk but the trader should know that the corresponding result will also be low profit. High leverage increases the risk but when you have a better analysis, you also make a better profit from it. They are just a two way thing that you can take advantage of depending on the setting.

Traders should as well plan themselves in other not to fall into the rough side of Forex. It will definitely shift our daily schedule from one point to another especially since we don't have a full control over the movement of the market or when the market will close during weekends.

While it is good to copy, all in a bid to make profit, the trader should also define for himself what he wants from Forex. You can always copy when you want to make profit from another traders strategy but when you really have to practice on your own and make profit from it, then it's wise to learn how to trade.

You are right, without practicing, a trader would be busy wasting his time in Forex and there is hardly a way for him to make something from Forex. Those professional we tend to emulate where once newbies and they are as well, humans the way we are. What differentiates us is basically the experience.

Robots also has a better part of it. At least, it is not easy having something that would trade for you when you are away but the trader has to understand that it requires a dual knowledge. One is that of your knowledge about the business and in this case, the type of trader you are, another thing is that it requires that you know how to use robots.

Exactly, self trading gives you a better scope and understanding of Forex. You can trade on your own without the need for anyone to manage your account for you and still make your decent profit. Even those who hire people that trade for them are not better than the newbies who decide to take the bull by the horns.

@standart, yeah. Regulated brokers who mainly come from the US are always tough and that is why some traders tend to stick with them. They ensure that rules are followed to the later and you have some degree of security to whatever funds you have with them. A lo try of people would want to trade with them but some of them set high minimum.

There are newbies who do not believe in this concept and that is the more reason they tend to see Forex as a place where they will play around and go. They simply do not see it from the angle that they can even lose to someone as they only see chances of excessive profit.

We can also learn by practicing in the real Account even if it is just cent account. We can learn how to trade in the Demo, develop our skills yet even further using the real account. It doesn't mean the real account will become the first source of learning, rather, a kinda substitute.

It is humans that learn how to trade and that also wish to make profit from Forex. To make the best out of it, then we also need knowledge. Forex has a lot of potentials that can make us profit but desire that we learn and understand it well in other to achieve that. Trading gives us a chance for profit but doesn't come easy.

That is true and if he knows he doesn't have that much skills to trade in Forex, he can look for someone to trade for him. Investing also in different PAMM account in different brokers would be nice way to gain some percentage of profit even though he might not get everything he desires.

Yeah, it is basically from analysis that one can make a good decision of trading and also make a good thing from trading in Forex. In other to minimize the risk of losses, it is wise to understand each trade even before we venture into it as that is the only way we can know the right time to buy or sell.

@hilman, you don't need to wear a robot an even though you are trading with your computer, a robot wouldn't substitute that. A Forex robot is simply a software that allows you trade in your absence. What this means is that it trades for you while you are away, all you have to do is simply program it and allow it do the job.

Forex trading for beginners mainly centers around learning how to trade. There is no way you can trade in Forex if you lack the basic knowledge of Forex and understand how the business environment works. Learning how to trade entails your knowledge and zeal to learn as well. There is no one that came predestined for success but it is something that comes from hard work.

The general brain behind scalping is that of making little pips at a time. They don't usually aim at making it big but rather, taking some small pips within a short period of time also. Scalping is one of fastest way to make profit in Forex even though it is not an easy way to earn.

Forex can take any place, either part time or full time. It really doesn't matter what the trader trades for but the most important thing is the knowledge he has about Forex and of which he is ready to utilize in other to make profit. Trading in Forex as a part time job seems to be the rave for most people.

The trader as much shouldn't allow himself get confused as a result of excessive use of indicators. Trading with indicators doesn't mean that in other to make profit from it, we must flood the chart with it but just very few indicators are enough to give you a more accurate analysis.

Those in the first world countries got into Forex at first. I mean, the bigger countries taught the third world how to trade. But I think that these days, bulk of those who are involved in Forex has shifted to those that are in the third world countries. They tend to be more actively involved these days.

@hilman, yes there are those who still do and which you can make some reasonable profits off those bonuses. It is a very competitive environment out there and you can get a lot of bonuses from different brokers when you are really up for it. What you need do is to look out for them.

@gaban, yes its not easy but there are those who still make something good from Forex. There are full time traders who do nothing but trade and make profits from their trades. Earning in Forex is real and provided the trader has got the knowledge to trade, he can as well make a living from it.

If a trader is making some consistent profit fro. Forex, he feels the business is such that roles like a bed of roses where he doesn't need to suffer a lot to earn from it. That in the real sense is not what Forex is all about as you can also lose much easily from it. Therefore, spending the profits wisely is on its own important.

@gaban, of course, it is the knowledge that plays even yet, a greater role so far as earning in Forex is concerned. With the knowledge the trader has about Forex, he can make some reasonable income from Forex either with the no deposit or with his own deposit. The free deposit offers you a way to earn with nothing from your own pocket.

Sure, one can always complement the two and make good part of it. Trading in the Demo account might be for learning purpose while the real would be for earning but it is not entirely that which works that way. Building your emotions as a trader starts with the real account rather than the Demo.

To get the best out of leverage, the trader has to also cut down the level of risks or the expectations he has for Forex. Leverage has two sides to it and instead of seeing utterly as a place to make the whole money we want to make, we can take it as something that allows us to trade even though we have little capital.

Most likely also, trading in the Demo and mixing it with the real account is a good one too. It will give you ample chance to manage your risks well. There is always the need for risk and emotional control which no other thing can guarantee except trading in the real account. That is why it is always a necessity to combine both efforts and make out something good from them.