Decub

A bullish market is always the best buy time and it is quite better for the trader to take this approach irrespective of the kind of trader he is. There are better chances for the trader to buy low in a bullish market than in a bearish market. During analysis, a lot of things has to come into play and one of them is really to determine you buy or sell point.

@tray, sure. That is the reality about Forex. You can make money with Forex but before that will be possible, knowledge has to rule. It is only when the trader is knowledgeable in Forex that he can expect to earn. Making money from trading is not something that falls from trees, rather, that which emanates from a lot of skills.

Some of the pairs like when you pair the USD/SGD might just be tough for my kind of person. It however doesn't mean they are all bad because there are still those who make profit with them and they still trade fine. There are no worst and best pairs in the market, rather, what could be said is that there are worst time and worst knowledge.

A newbie should also set his plans on a long term basis. Trading in Forex is not a get rich quick thing. The trader should as well see Forex as that which needs time to grow. Newbies always see Forex as a place they can make quick money. They don't think it requires a long term approach to achieve their target with it. Trading in Forex is by far, a long term investment when it comes to the time you expect it to start yielding profit.

I think literally, it is for everyone because there is simply no one blocking or pending who trades. Provided the trader is up to the age of verifying his trading account. Where the problem is is if he can have that patient throughout the learning stage. You simply wouldn't make use of it and can't make anything out of it.

Entering a trade few minutes after a high impact news is released is a good entry point that can give a trader a good buy chance. It is also wise enough if the trader makes some good and detailed analysis of the market before trying it out. Forex is about analysis and in any case where he feels confused, there's always the demo account to help out.

@tray, you are right, it is always the learning which brings the knowledge that matters more. Without having that trading skill and knowledge, the trader has to learn and has to learn well in other to make something good out of Forex. Trading in Forex is not just about opening other or copying or even subscribing to signals, it involves the personal practical trading nurtured by knowledge.

It is always wise for the trader who seeks Forex from other source to carefully scrutinize the source of the signal. It's true that signals help a trader earn from Forex but it also should be noted that signals are not to be relied upon. They simply can make you profit and can as make you lose. Signals are more like a suggestion from a broker or the experience trader and not a financial advise.

A lot of brokers are coming up right now and this factor has made more of them to speeden up. If you cut across brokers, you will find a lot of them offering bonuses for deposit or stuff of that nature and it draws a kinda battlefield for others who might not want to. So far, my broker has always proven a melt too.

The possibility is very narrow and nears impossible because as humans, we are bound to react with or to our emotions. We simply might find it very difficult to cope with emotions. Trading with emotions is one thing that is all bad and the trader has to overcome it. Though not all but still to some extent which will make him concentrate.

I think it will be mainly those traders who enjoy trading with do or die that will badly time their trade. It is that anxiety that will lead a trader to such bad timing and the resultant effect is always serial losses. Trading in Forex has a lot of factors that leads to making money from it and one of them is good and accurate market timing.

Day trading gives you a faster and quicker way to make profits in Forex unlike long term trading. It also ensures that you don't have to keep waiting for your position for a long time as what you simply need to do is to close all in a short period of time. However, it is not all traders that can cope with this. There are those who really find it difficult to understand how to trade under such circumstances.

Goals and aspirations in Forex is quite good as it helps and propels the trader to success. It is one of the things needed in the quest for more profits. Trading in Forex is one business that the trader simply has to set a target for himself and provided the target doesn't really come demanding, it is that which can set him rolling to a better achievement.

Well, there could be reasons the link isn't opening but I'm sure you can try some other download link on 4shared. The last time I checked, there quire a lot of them that you can download if it's about strategies. Though I believe a lot in the trading strategy the trader himself develops and works with.

Some other time also, I think the profitable nature of Forex is sometimes over talked about. The good side of it seems to receive more backings sometimes that the newbies get attracted from the better end which becomes the main reason they lose a lot in the field of trade. Trading in Forex is not an all rosy thing as it could get real bad too.

Thank you. Sometimes I really find it so difficult to believe or understand those who seem to paint Forex as easy as though our capital does the whole job. Forex is not easy for any one and there hardly would be any trader who would find it easy to trade in Forex. I think it's something that holds.

If you ask me, you are really making Forex appear easier than it really is. To the best of my knowledge, trading is not that easy even though it is not impossible. To make a living out of Forex isn't just as easy as we will assume and there are quite a lot of factors that move the market. It requires more than just the knowledge.

It most often depends on the time and schedule of the trader. But personally, I really think it is better to trade Forex part time if the trader has other things that put some money in the pocket. Forex is such a business that doesn't take away your time and has no effect on the amount of money you make from other sources.

And then, trading not just in the Demo account especially for a newbie. The Demo cannot really help a newbie learn how to control risks since it is all about virtual currencies. In other to manage this, there is also the need to trade or say,mix it with the real account even if it's to open a cent account for that.

There has been a lot of improvement and additional services offered by my broker and it makes me get even more attracted to it. I really like it when your broker seems to know your needs and always puts a call across when you wish. The speedy response to calls and request makes me don't want to leave them.

@Standart, sure. That is simply the way I see it. If a trader already has the capital, then there is no point going for a high leverage since the major reason for a leverage system is to increase our capital base and make more reasonable profits as we trade. A lot of nnewbies only look at the amount of money they can make as a result of a high leverage system.

I have discovered that these days, there are even more college students trading in the market than the way there were. A lot of students have now discovered the potentials in Forex and it makes them swerve into it and use it as a means to have some side income and something they can always fall back on for some extra money.

Just as the days role by, more and more people keep discovering Forex and the potentials the business has. This makes them develop a lot more interest in trading and then, give them that need to also continue in the business. I know there are traders who are more concerned in the fact that they know Forex would not turn scam and it motivates them to remain in the business.

@standart, sure, you are right about that. It is wise to firstly take our face away from the fact that we want to make money from Forex or that there is need to be afraid of the risks, then we need to look forward to the fact that we really love what we are doing. Growing a passion for Forex helps any trader to get along with it and to make you a better trader.

Majority of the traders who come into Forex come with greed and they simply see it as a place you can easily earn without having to worry a lot about the knowledge. It is only when they must have failed and lost some huge sums of money that they would consider learning in a better way. We can even say that the two of them are simply two parallel lines.