euro

I have observed that if you trade during peak demanding business hours the trends are so much more bullish and easier to scalp or take profit if you did enter at a lower price. I believe that the timing and business hours are what the market is all about since off hours are only presented with side way or downward trends. I have been able to benefit from good peak demanding hours. I like anytime from 11-3pm during market hours for top bullish trends. How about you?

A demo account is the requirement for a successful trader. Once you have practice in a demo for a couple of months you can then move on to a real account if you can make good profit in a demo. A demo is for you to learn and practice. You can gain experiences and test out your games there. Once you have done that you can then you can move on to a real account. Once you move on you can also try a cent or mini account to test out a real live trading platform since most of your new trades are losing trades you need to risk little in the intro.

Indeed a very good post. Yes, forex is just like packing a stack of cards and its a sensitive game. We can have all our cards fallen at any time if the support is not strong enough. We need a strong foundation to support the highest cards and that is knowledge and practice and understand and experiences. Once we have those set and we can see the whole view of the stacks then we can do ok to protect it. The foundation in forex is knowledge of course. We need it and so learn all that you can.

My tips for new trader would be to learn as much as possible so you can control your environment and knowledge is the backbone of success. You will lose less and gain more. The more you know the more you earn and its like that so if you're losing its cause you're making mistakes that you should have not made or make decisions that are not the best of a knowledgeable trader. So practice in a free demo for awhile until you can make profit and then move on. Every broker have free demo for you with fake money to lose better than to lose with real money.

Its very challenging but every business or job is so we must understand that we have to live up to the challenge and then work harder to overcome those hurdle. I don't think forex is rocket science and its much easier than my real life job. I have to know and understand a million time more in my real job so forex knowledge is very baby like to me. I don't think its hard for the majority of professional out there like financial guru who have a basic understand of the market already. I think its possible to make money in forex. I think you can achieve your trading goals so long as you work hard toward it.

Forex is the exchange of the foreign currency on a 24 hour market. Anyone around the globe who can open an account online and can verify their identity can do it. Forex is easy and profitable trading business. Anyone can trade as long as they know how to trade and know how to make profitable trades. Now its easy to lose in forex so newbie must also know that risks. Also, you must understand the business well enough in order to stay in it. Its easy to make a full time living off of forex but it required hard work and knowledge.

One of my long term trading strategy is to time my trade. I will enter at the lowest price and then I will wait til the end of the day or til it rises to the top and take profit and then leave. I found this to be working well for me. I found that prices mature at around late noon time like 2pm on the market hours. This strategy has worked for me. Please tell me your long term strategies.

Well, you can't stop people from trading and usually these are people who gamble big. Just like in the gambling world, gangster made money from gambling cause they can't do anything else but rob people. Also, you can't tell who is gangster and who is not. I think its their problems but we just need to prevent from being scammed that is all. We should not do business with scammers. Other than that we should not care if they trade since its harmless for us.

I think mistakes could be not using stop loss cause they might leave their pc and then lose and also the market is way too volatile so they lose even more. I think also that they over trade cause they just want to make money in a bad market. That happens a lot and I think greedy will get you. You will lose and you will also lose a lot of spread fee too. I think trading at the right time is everything. Sometimes we catch a wave way too late. Managing risk and money is very important.

I guess we can make some side money but its not that easy to make our dream come true like make as much as we want too since the market plays tricks on us. I guess you could lose just as much. Its nice to scalp some money and I guess that will always be welcomed by me. I love to make side money but I don't dream that big as I can lose just as much too.

Well, its hard to control the emotions if you're making like 8k every five minutes. Its totally possible. Can you control emotions in such winning? You can make so much money in ten minutes or an hour in a good market. So I guess a lot of adrenaline but it keeps us motivated and pump up so its fun. there is nothing wrong with emotions. We're human as long as it doesn't harm our trades. We must also reduce our stress and control our risks last all time though but its like the NFL or NBA.

Forex is one of my source of income but its not the only one. I have many other source of income. I don't think forex is too reliable for me. I can gain one minute and then lose it the next minute so its not that reliable but its fun to trade. I think I earn more in long term trading. In long term trading, you can double or triple your money easily if you look at good pairs in good market time and timing is everything now that you ask me. I will never be able to earn this way and pay off my bills.

So, I've just gotten out of a trade and made some profit from gbp/usd. The timing was 10am US, so I guess I'm doing NYC market time and London time. The trend was so good and I scalped. It went up some pips. Now, I'm rather happy with the positive results. So if you're looking for good trades on gbp/usd, you can try them out as well. I guess the gbp will always want some business with usd cause they're much more profitable to do business with us. Do you do well with this pair?

Forex is a very big market. There is money to be made. Anyone can involve in forex. Its a 24 hour market and anyone around the globe can trade. As long as you have the skills you should trade and try out your luck. It will be here for awhile cause what will people do without money. As long as there are inequality in economy, there will always be trend to profit from. I think the third world country is catching up to high recently. It looks like China is even wealthier than the US, soon they will be the best.

Your goals should be modest but to make some money. I want to make some money without a lot of risk so I'm taking it slowly but surely. I think making side money is always good. I rather spend the night trading then going out. I like to make more money or just to play it cause its like a game to me. I want tot have some fun but the market is terrible sometimes. Now, any kind of profit is good. I do not dream too big since it takes big risks too.

Just like you, I like to handle my own finances. Who would want others to handle your own finances? I don't trust fund managers. There are a lot of those around who just want to snip your money earn commission. They're not good. I've heard a lot of bad stories regard them. They lied and they're not good at what they do. We are better since its out own money and we learn how to keep it. I prefer forex and no hyip or pamm.

Its good to lower your leverage to prevent total wipeout. You don't want to wipe out your entire account do you. I rather lose a little than lose a lot in forex. Its a good idea to use low or modest leverage in trading. At least, you won't lose everything. I think in forex we have to learn how to manage our money well since our management is everything. We need management so that we can keep our money.

I think its ok if you wan to invest in such product but for me I have no interest. I don't mind copying traders on Etoro but I will not let managers do the trading for me or managed my funds. For some reasons, I feel like they're not going to be beneficial for me since I've heard of a lot of bad stories regarding managed funds and traders don't make that much profit. I rather trade for myself and take control of my own money.

I guess its a combo of all of them. We can't have one without the other. We need luck, education, and experiences in order to do well in all aspect of forex. Forex is all about what is in our mind and if we are mindless we will lose money. We should not be mindless in trading or else its like gambling. We should know as much as we can and always proceed with tons of caution.

I think its hard when it comes to money. We all want to make some extra money so the forex market is something that is hard to not get emotional about. Of course, when you have like one k on the line, you will be stressed out about it. Its normal and nothing to be ashamed of and we all get nervous in forex but as we learn how to managed our trades we should be more relax. If we have a great understand of the market movement then we shall not fear. Fear has a lot to do with being inexperienced.

Stop loss is part of money management. We will need to use stop loss if we don't want to lose all of our money shall we fall asleep or walk away from the screen or that the market will be way too volatile. We will need to set stop loss in all trades. Its a basic requirements in order to prevent loss in trading. You don't have to use it if you will be sitting in front of the screen to exit a trade. However, we must have some form of money management in order to save our money and not have it wipe out.

Yes, you can earn good profit in forex. Its possible if you are diligent enough and you work hard and learn how to make money. You have to learn how to make money though. Its doesn't' come with just any trader. We must put a lot of time in to learn from experienced traders. We must study and read in forums and then test our games in a demo. Profit is possible and we can earn daily from forex if we know how.

Obviously, its a very risky business. You can't go without forex though. I think forex is addicting for me. I love to trade and even in mini lots I still love to trade. Now, forex can be risky but if you're experienced, knowledgeable, then its not that difficult for you. As long as you understand the risks and know how to avoid them you can move around just fine. I mean its risky to fly in an airplane or drive in a car, you can die but you do it daily cause you know how to avoid risks.

I'm super excited that they are back. They're clearing payments as well. I just hope that everyone will be posting there as there is unlimited postings. You can cash out when you reach five dollars. The website is very easy to post and nicely designed. also, the staff is friendly. I've like several thousands points already there and plan to make more. They are currently having contents too. You can help build a community for all writers.

Yes, I saw the payment proof so I'm super excited to be participating soon. I've registered already and will be making posts there. Of course if they're sponsored then they will have money to pay us. As long as they pay I don't mind recommending it to others and posting there myself. I love to post so they will have me as another poster and trader. I think there is nothing wrong with using a hosted domain cause they can save money you know. And any kind of saving is better than nothing at all. They can keep that to pay us.