euro

You can manage by not using all of your money in one trade or with one broker but spread it out evenly to diversify your risks. Also, you should keep some of your profit for a later time to survive on it. As you will not get greedy without seeing how much equity you have. The less equity the better so you don't get all impulsive and greedy over it. Use low capital and leverage to avoid huge losses and use stop loss to prevent losses in long term account.

I say you need to keep up with news daily as it changes your currency performance so much that you will be shock to find out if you haven't follow it. Also, have it email to your email or follow it on facebook. Make sure you use low capital and low leverage to prevent high loss and high risk and mc losses or total wipe out. Make sure you use stop loss in long term trade as you will need it cause the market dip really low overnight sometimes. Make sure you use the best brokers as possible cause there are scammy ones out there.

I say go with the popular, demanding ones since they will help you gain more profits. Even popular one will have bad times as the market fall so you should be careful cause no pairs are golden shield. They have their good times and bad times so beware of that. Euro/usd have been performing really poor lately due to US white house shut down. But it will get better next month or so or at least I know we can go short on usd. Choose low spread pairs, highly demanding and highly traded so to reduce your risks.

You should be smart enough to create your own and if you're not smart enough then you should not do forex in the mean time. Forex requires you to think independently most of the time so you could lose if you ain't got a sure plan of your own. I prefer to formulate my own. So forex in a way is very good if you could come up with your own plans. I think in forex you can learn how to do things on your own and trust yourself.

You need it in long term trading but not necessarily in scalping since you are watching the trade and can exit at any time but just in case you need to step away you can have some protection. In some cases while trading you might need to step away to do some eating or drinking or bathroom breaks. I guess it happened to me all the time. I get thirsty or need a break from trading or the screen. Sometimes it take too long for the trade to be profitable so we need some break.

Well, you get leverage but its also able to harm you in a way. If you lose and get mc then you lost and the broker gain so leverage could very well hurt you. You have to be careful when using leverage. Leverage can be risky and so use them in moderation. I like leverage but its a double edge sword. You will get harm by it and lose all of your money cause you use high leverage cause you're greedy so watch out.

Yes, I would say so. We need to know and know some more. We do have to play our cards right but in forex, its not just gambling. Its a very controlled procedures and so much better than gambler. The forex market is just as anyone would see it. Its very transparent so you can take advantage of that. In gambling you can't see hat card is coming to you. Also in gambling, you can't stop loss or take back your bet so its so much better and not like gambling at all but we do need to play it all right.

I just got paid recently too. This time I had less spams removal. I had like 8 instead of 11 last time but it still hurt cause I don't see how I spammed them. Anyways, I think they are really strict regarding that but no reason why they should pay for spams as there are some apparent spammers there who only give one line and then take off. Also, they say they have a rate increase so I'm waiting for that. Also, if they change the color of their website, it might appeal advertisers and posters.

You get paid once you reached like 100 posts and the rate is like up to six cents per thread and then up to four cents per post I think. He only paid one member. Now, you have to wait until he paid at least five more people before you post since it looks kind of like a site where they will just want investors for pamm and then take off with the money or so. I would highly recommend for you to wait for like five or ten more payments before you post. At this moment, I urge everyone to not post and wait for the old requests to be clear before you post. They have like five waiting so if they do not do what they say they would do then I smell a scam. So do not post just yet.

I think the biggest mistake is to trade during bad news release where the market is heading downhill for the most trusted pairs and you didn't know or didn't keep up and then you ended up losing against it cause your prediction was wrong. So that is how you can also make mistakes. The market can play weird tricks on you. The second you think you're right it ended up being wrong. I guess I've learned from it. So, its best to keep an eye out at all time. We can't really trust it.

To earn easily you will need to know how to trade very well. And in order to do that you have to spend a long time to gain experiences in trading and knowledge. Well, experiences and knowledge go hand in hand. You can't have one without the others. So if you gain significant amount of experiences you will be able to now how to earn. In forex, its about knowing ow to earn. Sometimes, not even keeping up with news can cause massive loss if you buy the wrong pairs at the wrong time.

Yes, that is right. We will be gambling without a plan. Its like sailing into the Atlantic and do not have a blueprint of where we are going and how to get back home. Will you do that without food and safety on the Atlantic. Well, its the same thing in forex. You could lose all of your funds so its like you're losing your resources and then then get lost and then drown or pass out cause you're hungry and have no direction to get you home. So, its very crucial to develop a plan to make a winning trade. Make sure yours is tested and good to go.

I think as a student you need to focus on learning as forex can ruin your education. You will be doing forex more and not focus on your education which is not good. If you focus on learning then its better that way since forex is very risky you can't depend on it to pay your baby's milk or anything like that and if you do its a big sweat so always have something to fall back on beside forex. I guess its too risky to put a lot of money and to rely on it solely.

It can be and it will all depends on each trader while forex is simple to some but then its rocket science to others who have no experiences and no desire to learn more and practice more. If you like learning more about it and patience enough to learn how to trade more then you will be able to do well in forex. After a year of successful trading, forex can come easily to you. But its hard work, disciplined, skills, experiences, talent, and intelligence. Its not through gambling though.

I've heard that they have to pay liquidity coverage on your scalping so therefore they do not profit from it. IF they do make a profit then they have pay for their liquidity coverage so basically they don't make any money. So its not profitable so they don't really care for it. Plus, when you scalp, you profit and requests way too many payout so they don't like that either cause its too much work, inconvenient, jamming their system and also cash outflow. They also lose members as scalpers lose they also close off their account so no long term earning from them.

I mean they have to make money somehow right. Just like in gambling, you're gambling against the house and if you lose then they gain but if you gain then they lose so someone has to gain and someone has to lose. There are a lot of cheating in person in gambling so its true for online forex as well so beware of that. No brokers will make that much from trades alone. They make so much more than that but there are regulations so thank God for that and report suspicious activities.

I'm not interested in Pamm and I think its a way for managers to scam users of their money. I mean I've heard of so many disasters money problems with pamm. Yep, its so easy to scam people of their money with pamm and some of those scammy pamm companies run away with your money and say its a loss. Well, I'm much smarter than that to put my money in someone's bank account and can never get it back. Its easy to give out and hard to collect it back so remember that.

Yes, its closed on weekends but then if you're on the western hemisphere, you can begin to open trade on Sunday at six pm since its opening of Tokyo which is one day ahead of you so you're good on Sunday night then if you're on the West side of the globe. Now, its closed on the weekend but you can still practice in a demo and hone your skills and then think about how you will trade on the weekdays. You can buy low and hold it over the weekend but I don't recommend it though since there is swap fees and also it might dip way too low.

We all have our own strategies and I don't think that any new strategies are out there that traders haven't known of in the past since there are only so much way to trade like short term trade, long term trade, scalping and so on. I mean are there more that. I guess you can formulate your own strategies like how much capital to use and how much leverage to use. You can also guess as how much risk to take and how much stop loss to use. Also, you must understand how each day is different and trade accordingly.

My tips for newbie is to practice in a demo as much as possible and open as many trades as possible cause its fake money and see how you lose and gain and make notes of those things and don't repeat them again in a real account. If you repeat them then you will lose and its your fault. Never trade impulsively like when you're in need of money or drunk or bored and have nothing to do. Only trade when you can make good profit. Always use stop loss in long term trade since the market can wipe out your account over night.

My advice for newbie is to learn as much as you can since knowledge is basically the building block of success in forex. You can't be a successful trader without knowing much about it. You have to know a lot in order to make money so make sure you learn as much as you can in order to make some money in forex. I also think that practicing in a demo for a long time will also help out newbie as practicing is the best way to gain experiences. Also learn to manage your money and losses and use stop loss in long term trade.

I don't use it and I prefer to trade simple without so much technical signals since too much could cause confusion. I believe I'm just as good as those bots. I mean I watch the news so I will know fundamentally better than those robots what is going on. I make good trades all the time so I do not care as much for those bots but I use like one or two indicators to help me.

How about learning as much as you can and then quizzing yourself and then open a free demo and then practice as much as you can? This is the best way to gain some entry into the forex market an that is to increase your knowledge cause without it you won't go no where. Forex is not for gambling so if you want to be successful at it just try hard to learn and practice and make observation and over time you will get good at trading. Nothing comes easily in life. All is hard work.

Just don't get too greedy as you will lose a lot of money that way. Be happy with steady profit over time. I think I'm happy with what I made and I like slow but surely method in trading rather than quick approach to get rich over night. I think you should relax at it and give it time to grow. Forex requires patience. If you get too greedy, you can lose it all in one breath.

I think forex is a good investment as long as you know what you're doing. Now, forex is so risky so holding on something for a long period of time might not guarantee success. However, if you are knowledgeable and experienced then forex can give you a quick turnaround in profit. I think forex like any other types of investment is worthy and will give you profit so long as you know how to proceed at it though.