euro

Yes, its a huge market and creating trends for us to make some money. Now, it will depends on which pair at which market , and time in order to profit. It will also depend on each trader too. You will be able to profit from your knowledge and trading experiences. You buy and sell in hope to make a profit. You buy low and sell high or buy high and sell higher. All will depends. You will reap a bit of a profit by selling at the right time or putting stop loss.

It will depends on the market more than the pair since a good pair could trend poorly in a poor market. Therefore, you are looking for demands, economy, news and such factors will influence how your pairs will trade. It will all depends on the market sometimes. A good day you will find many of them trending and you can earn from all of them but on a bad day, all of them will go downhill so it will just depends on the market.

I guess if you have a good trend, you can also make some profit from a low capital. I guess it will depends on high the trend will reach too. I would not risk with that much money in it. I would only use fifty bucks or less per trade. I also like cents account. I do not risk too much since you can lose it all in a minute or two. I don't have that much money to throw away that fast.

Well, I think a cheater can make money in forex too so if he is honest or dishonest, he will still be able to make some money but an honest man might be less greedy and more patience so he can make more money and less losses than a cheating gambler. But I guess a criminal can make as much money so it doesn't really matter cause its just trading. Now, if they're unable to control their hastiness, that is where they will lose.

If you keep at it, you will make some money in forex. The key is to use modest amount of money to trade and lower your risks and also keep at it to make moderate profit and keep at it and then continue to make more profits. I guess if you make several hundred bucks per day and do that every day, you will end up with some good money at the end of the month but don't aim way too high cause there might not be enough trends for that.

Well, sometimes that could work for us, greed. The greedier you are the harder you work so greed is not bad if used right as fuel. Now, it could be people's fuel. They could live a good life if they're really greedy. Its what is pushing you to make more money. Greed is not bad sometimes you know. However, if use wrong in trading, he can be like a gambler and lose a lot of money by being too hasty or open way too many trades.

Just like you say, forex is a huge market and there is potential for earning profits but also very high risk so newbie must beware of risks and that they could lose a lot of money as well. Now, if you're a really smart person, who knows everything about forex and practice well in a demo. You will win some profits. All will depends on you. You will make money if you're a disciplined trader. Now, go and make money but don't rush and lose it all. Trade during weekdays like Monday as there are more movement to make money.

You will lose if you don't know what you're doing. You will lose if you're too greedy. You will lose if you're not good at the current market knowledge and analysis. You will not be able to earn if you don't understand forex or trade blindly or that you are way too hasty and trade with no care and open way too many trades and then lose a lot in a poor market. I guess lack of knowledge is the top reason why you would lose all of your money and also using high capital and leverage with no stop loss.

You lose just as much as you gain so that is almost like in gambling. But in forex, you have a little control over stop loss right. But in gambling, you don't. Once you put out the money, its either you win or you lose so you can't control it. Now you can jump out of a bad trend but you can't jump out of a bad pairs of cards. You're done. It has some psychological similarities but its not all the same. Its a little different at a time. Gambing is worst off.

Yes, money is what we all use right so it will be big since we all use it. Its the basic of our needs. Now, its huge and that is great cause it creates trends and opp for making profit. If it was smaller in size, the trend might be less, demand might be less and less chance for us to make money so big is good. I really like how big it is. Its big but it doesn't mean that everyone comes out winning.

Yes, its a good thing to look at our trading history and see where we did wrong and learn from our mistakes. Our mistakes should be pin up to see daily cause then you will never do it again. I guess we all lose at some point. Its risky in forex so a good trader would see his mistakes and don't do it again. If they don't use stop loss, they should do it. If they trade with high capital or leverage, maybe they should calm it down. Maybe they trade in the wrong time and the charts are bad so they should trade at the right time to avoid bad trends.

I only use low capital so I did not lose that much. The most that I've ever lost was a couple of hundred pips. I've lost a couple of hundred pips. But I've also made lots of profit too so I don't always lose you know. Yes, forex is very high risk so I suggest people to lose it in a demo and not a real account. Once you have lost in a demo you know how not to lose in a real account.

Forex is the trading of currency in a 24 hours market. Anyone can trade if they know how to take a profit. Now, forex is very risky so do not jump in and trade right away. You have to trade with lots of knowledge and know how to avoid risks. Not everyone can trade successfully. Forex is not for everyone. Forex is a place to trade with little deposit and you also get bonuses and leverage to trade with but they're all risky to. One has to know how to manage risk and money management in order to be profitable in forex.

There are good trading hours like Asian market time or London time because those are business hours and they're booming in trends so chance for you to make money. You will make money when its time for everyone to get involved. Of course, time is everything when it comes to trading. You can't make money on bad trends and a lot of bad trends on weekends and holiday so try to trade during business hours of Asian market or London time and you will find good trends. Late hours for Western traders.

Forex is the trading of foreign currency. Its trading 24 hours a day. Anyone who can open an account with a broker can trade and they do ask for verified identity. Now, forex trading is very risky and you can lose a lot of money and newbie is not guarantee to make a profit right away so proceed with caution and use low capital to trade and low leverage to avoid losing all of your money and also use stop loss to prevent all loss. You can't control the market but you can control your losses.

No, its not my only source of income. In fact, its not my source of income at all. I would be a fool to think that way. I would be a fool to throw my money away and to think that it would help me. No, its too risky to look at it as an income. I would only look at it as a side gig for some extra money and I might lose too. I'm looking at it like that to avoid getting in trouble and to keep a day job as well. I would rather keep a day job cause its more stable then playing Forex. One can lose a whole week of work in a matter of several hours, way too risky.

Its hard not to get greedy in the forex market since its so profitable to some people. they can make money from it so why not. If you're making money from something, you should be more greedy to make more money right. I think that is something that most trader will not be able to get rid of completely and they will continue to use that as fuel to keep them going forward and trade many more successful trade. So if use in the right way, its a great fuel but also a ruin if not use in the right way. Hard if you are not greedy for money.

Of course, look at gambling, its high risk but its so popular too. I guess its fun for once and people enjoy that fun. Hey, maybe they're getting together with some friends and they're having race to see who's really good. I think its a sport to some people. They actually enjoy doing it. Or also, there are a lot of pro involves or business in the trading and not just regular Joes so they do profit a lot from it too. I'm sure there are plenty of financial guru trading. Why not? If you can make some money from it. Even if its risky, some will still manage to gain a lot of money.

I guess when you're trading you should have a cool mind and then be ready to trade. Nothing like trading when you're tired, stressed, depressed, and needing money. You will get really impulsive and that will harm your trade. You should really feel good when you trade and trade cause you want too and not cause you really have to and its way too dangerous that way. Trading is high risk business so don't depend your life on it.

Yes, forex is very risky. You just never know when the trend will turn against you. Its too volatile and if Warren Buffett would to talk to you about investment, he would talk you out of it. He's like a long term investor where his money will turn into profit for sure. Now, we can't be sure if our money will turn into profit for sure. We can only hope that it works for us and we learn to control our losses. Because its high risk, you need to use stop loss and low capital and low leverage.

Online forex is a great way to earn some extra money on the side. If you're really good at what you do you can earn some money. Not all of us can earn money though and a lot of newbie lose money too. So, it will all depend on each trader. You can earn if you're knowledgeable and know how to make a profit and not lose money. Now its a double edge sword. You can gain but it can also cause you to lose a lot of money too if you're too poor at trading.

Well, greed is a great motivator to do it right so a greedy person who wants to make lots of money will work hard at it to make some money. However, a greedy person who can't control himself will open way too many trades and then lose a lot of money that way too. He can become like a gambler and then throw all of his money away cause he's sure that he will gain all of his loss back so his psych is really poor like a gambler. I think forex can make people act like gambler too.

I think a demo is very valuable since you will lose with fake money or else you will blow up your account with real money if you don't know what you're doing. Now, you will get invaluable experiences losing in a demo and you won't be able to do that with a real account. You will lose real money. Newbie lose a lot of money in a demo even so you will be so off if you walk right into a real account to throw your hard earned money away. You will need to use a demo. There is no one that will make money if they have never use a demo before.

You know what will be good for them to utilize more payment processors and lower the $50 paypal to like ten cause no one will wait until he get to $50 when most forex website let us cash out at $1 paypal. I mean I know they have to pay a fee but fifty is just like not going to work for some folks. I will suggest it as just a suggestion. Now, they look like a nice website. However, they might want to listen to suggestions to improve membership and add more members. Some people from the US can't use wm, or pm.

May I add to this list. You lose cause you have little knowledge and you trade blindly like a gambler. You get greedy an hasty and you open tons of trades and then lose it all. You use high capital and high leverage and you lose it all. You do not use stop loss. You trade on bad days like weekends and holiday. You trade a bad pair. You do not know what you're doing. You are way too hasty and not patience enough. You listen to other people. You have not practice in a demo account. All of these can lead to loss.