Decub

No one ever would prescribe a particular trading strategy as the best. It is the one the trader finds best that becomes his best. Trading in Forex requires the individual trader's hardwork and his own attempt to develop himself. It's not like what is a generally accepted format.

It doesn't really matter how long but how well. A newbie can trade in the Demo for as long as he can learn. Different traders have different levels of assimilation and in other to defeat the feat of studying in the Demo, he must as well know and understand how to trade before leaving it.

Personally, there are days I don't even visit the forum. Since I mostly rely on the notification, what I do is to check my mail and read the last posters post and thereafter, decide if I would make posts there or not. I might just go there every other day if the activity is low.

Well, the admin made just a single payment today and it was a kinda strange to me. I thought perhaps he must have had some tight schedules that made him not spread the payment accordingly. I am always active on the forum though I'm not making that too many posts again because of some other offline activities.

Yes, they are all true. Fxfred is the only forum that allows a trader withdraw his posting credits without necessarily having to trade with it. This is particularly true as they have maintained this feat over a long period of time and are still waxing very stronger.

If you try loading it from a PC that has a slow connection speed, it will be bringing up errors at intervals. These errors can quite be minimized by loading few tabs at a time but if it's a mobile, just change it to the mobile site and you will have a smooth posting.

But personally, I can still see my points from a mobile opera mini. What I just do is scroll to the base and click on full website, after seeing some tabs and functions, I will click on the default mobile to continue what I was doing.

To the best of my knowledge, there is no best time frame and all time frames will just be good for any trader. What matters is the best trading skill and strategy to be used in a particular time. Trading in Forex is more like choosing the time frame that matches your strategy.

Forex will even appear as a mystery to a lot of people who rarely understand it. Sometimes, when the market suddenly changes, it makes it look as if the market has taken a different dimension and unless you are knowledgeable to protect your trade, sooner or later, you fall in to it.

My first trading capital hit an MC with the first day I attempted trading in the real account. I wasn't so skilled in trading in the real account so I decided to risk it out with $30. It sounded more like a movie when o lost the capital within few hours because I chose a high leverage. Right now, I keep growing my capital and hope to make something better from it.

Turning a winning losing trade to a winning trade is something that is quite tactical a lot of times and I would be most glad if I achieve that feat someday. It doesn't really get much easy to do especially when the trend of the market moves against you. For me, I would rather close my positions and call it quit at that moment.

Daily profits consistently is something that has been a mirage to a lot of people long ago. Forex isn't always the same at all times. The market changes more often than a lot of people expect and is one thing that keeps happening over and again. Some days you make good money, other days you lose.

Well, I am less than a year in the business but would have been one of those that started Forex some years ago. Actually, it's been very long I knew about the business but was just being reserved to start up, simply because of the high tendency of losing which is quite inherent in it. Friends tried convincing me about it but was too sceptical about the profitable nature of it.

Those are really some good trading tips that can help a trader make profit in Forex. When trading, the trader should bear in mind that Forex is what you are able to make out of it. If a trader sees it as a means of good earning, he becomes serious with learning how to trade and develops his skills towards it.

A trader who is not hardworking will definitely find it difficult to be successful in Forex. Though the success of Forex depends on both hard work and smart work, the bulk of it is that the trader must as a matter of necessity instill in himself, some degree of seriousness and hard work.

I really would have loved to try out trading in the short term. I mean being a scalper, trading at a very short time frame and taking the profits thereof but it seems to sharp for me to handle. Have tried it some times but only was able to pick pips a little time over these periods. It is quite fun when you can make profits from forex over a short period of time.

A guide just as the name implies is more like a plan. Without such, it becomes difficult to get a good trading target. For each trade, the trader should try and secure for himself what goal he wants, the analysis that will help him achieve such and at what point he wishes to exit. These are the crucial things all traders must bear in mind.

They are quite some good outline that can make a trader gain success in Forex. I really like the idea or concept of educating yourself WELL enough to trade in Forex. This is where most people get it wrong. Partial or half baked knowledge is as dangerous as not knowing it at all because it only makes you trade blindly and without focus.

I tend to call these two, two parallel lines that shouldn't be brought or merged in same place. Emotions can easily make a trader lose a lot of money in Forex. It's not even that you will lose but it is capable of throwing you off balance and you would hardly understand the right way to take. This is one thing that most traders easily fall for.

One thing I dislike so much about Forex is the tendency of losing. I have come to realize that it is so easy to lose in Forex. Losing seems to be the quickest and easiest thing for an average trader. Though it is a winner or loser business, I would have cherished it the more if it were not that easy to lose.

The fact is that most online businesses are now scam or turning to scam. This has really made it such that Forex has become one of the most dependent. To that effect, a lot of people wouldn't want to indulge in the kind of business where they are not sure of the business surviving till the next day.

The unpopular or even the exotic pairs are quite difficult to understand for me. I would rather go for the popular pairs and stand a chance to take advantage of the movement. I think that whomever that is going for the unpopular pairs should just have adequate knowledge and understanding of them because they can just get a trader confused to understand how they move.

Yo some extent, one would say that Forex is similar to gambling but honestly, not in it's entirety. Gambling is such a risky business that is better avoided than attempted because other has a way of making you get addicted to it. A gambler is always gambling with the hope that luck would pay off.

The alternative to Forex trading will just be trading in stocks. But personally, I don't do the online stock trading. I will only have to trade or simply put, purchase shares of companies offline through a broker or whenever they are offering openings. I do this with the hope of reaping from the dividends.

I don't think an average Forex trader can easily cope with this trading strategy. It will mean that he has to understand it beyond your explanation. The best strategy I think any trader should adopt and key into it is the one he finds so simple. Going for complex strategies will only get you confused along the line.