euro

Some of them have low volume and high spread making it very not profitable to trade. You will wait forever for it to reach past the spread level so you will not be able to scalp it right away. They are not good for scalping. Some pairs are not good for scalping. Some pairs not in demand so hard to trade and prices do not provide enough movement for you to gain profit or to scalp so stay away from them like eur/gbp as they have the same movement so not a lot of differences.

Your first 50 trades as a newbie are weak, losing trades so try to lose it in a real live forexcents account where you lose with cents and if you do gain then you can use it to trade as well so don't lose big. However, your potential to be better will be from learning from your failing trades. The market is so bad sometimes that no one can change the fate of it. You will lose if you are not up to date on fundamental and buy at the wrong time.

We must all depend on our mind to do it. Its all about brain work in forex. God will not help you when your account is being wipe out. He's not that present here. I think forex is risky if you think that anyone else can control it beside you. In forex, you can be as talented as you want and as failing as you want. You have the choice to be good if you put all of your effort to it. Its all about trying hard and being smart.

Why should any one be emotional anyways. Trading is trading. Its just forex. It has nothing to do with your emotions except fearing to lose money. But that is just a natural reaction. You get scared of fearful things and that is how we will all react in facing fear. there is nothing so unnatural about it. WE just have to make sure that our losses are not that grand so we have less fear. We should use all stop loss measure to reduce our fear for losing. WE lose less if we put in more control.

Yep, a robot is just a program made by a human so we made them so we are better than them right. They are technically robots but the market is no way robotic and it changes all the time. The market is so different all the time that we need a human to think it through so no robot can beat us. We can create them and we can burn tehm too. I think robots are not that great compared to us.

I think its nice bonus. I like to trade with the bonus sometimes as I can gain profit but also like to start off that way. I do not like to lose with my real money. I also like to post for forum bonus. You all should do that. Any kind of bonus is better than none. I tend to sign up with brokers who have forums bonuses. I think its encouraging for newbie to have some sort of welcome bonus to keep them going.

I don't like how people rush you when you pay for their services. I think there is way too much rushing in learning in courses. So I prefer to learn on my own and find out on my own in my own pace. I like to absorbs all kinds of risks with it. I also think that you're responsible for your success and mentor only want your check so they don't care as much and they disappear after awhile too. They might not be that great either. So trust in your own ability to make money and learn effectively.

Its mind boggling sometimes. You should not confuse yourself or agitate yourself with forex since you need good trade and not impulsive trades. However, I feel like those who trade daily become intoxicated with forex and they do get confused and impulsive and then become gambler like too. So I prefer to only open good long term trades and wait for profit while I do other things.

Forex should not be for those who really need money. If you really need money you should work for it. Since forex is not for those who wish to do short term on it. You should look at forex as additional side income. Side income is something that you really can use but are not necessary desperate for it. I think forex becomes a problem if people sit there and pray for it and do not have any other source of income. They can become mental over it. So do try to work and get another source of income.

Its only gambling if you do not have any knowledge. Forex is so transparent and its unlike gambling where your cards are hidden and you can't use stop loss and you can't stop your bad cards from coming. You can stop anything you want in forex to reduce loss so that is the greatest thing about it. You only lose it all if you allow yourself to lose. There is not a lot of control in gambling but there are a lot of control in forex. We must use all sort of control in order to earn in forex.

There is no forex if there is no risk since there will be no differences to trade and no champs. So I think in order to do forex we must take risks. If we learn to absorbs risks then we will be good trader in the long run. If you know the fundamentals, current market conditions, and you have experiences, your risks will be very little compares to your profit. Also, you will lessen your risks with stop loss and then do long term trading to lower your risks.

Yes the mentality is very different in the two. When you trade in a real account you will take time to do it right and you use less capital and you check on it more often and you're less reckless than a demo cause in a demo, its with fake money so you do not care and you're more careless with it. I think once you get to like a cent account, you will get the real pressure of a real trade so you get some more experiences. I highly recommend like a forexcent account so you can gain some real live trading environment in order to make more profits and gain more experiences.

Its smart to diversify your sources of income so you don't sit there and pray on forex. Its great to earn in forex but I feel like I'm praying for it sometimes and I could wait the entire day and not make as much so I rather do it part time. I also like to have a steady source of income so I can have something to depend on. I also think that it makes you mentally unhealthy if you only have one source of income so diversifying it is ideal. It will help us out a lot to depend on many things. I think it also give us more money to invest in forex too.

I think we must deposit our own money in order to gain some bigger profit. We must gain big profit in order to reap from trading or else we are just wasting a lot of our time. I think earning a decent profit is necessary in order to depend on forex. I think depositing our own money and then gaining a bonus is a goo idea as well. Don't forget that you can post for bonuses as well in forums so that will be a good amount as well. I just hope that those forums open up to US traders as well. However, do not throw big money away. This will make the broker happy.

I guess so and I think its better than trading stocks. Stocks are so risky. I think long term stocks are good though. I really like to get my hands on long term stocks but they're not that easy to get into with little money. Little capital won't do a thing in one percent return. I like forex cause it can be like fifty percent or more on return and that is very handsome profit. I think forex makes me happy and give many opp and I think stocks traders ought to do forex. Forex is a money making machine.

Yes, the spike can help you scalp or empty your account. The swing is so erratic in forex news release. I think its ok for news trader or scalper but hard for long term trader as its around news that they will see total spike that they're unsure of what to do. I think they can also sell during a major spike that goes up like 90 pips also. Sometimes news have positive impact or negative impact and all has to be followed in order to make our trading decisions.

I mean you have to get all the help that you need right. You have to use all the time frame that you need in order to fully understand the bigger picture of it. You could be looking at m1 and its moving up but if you look at h1 you will see that it has been going down for like three days so its telling you that most likely it will be heading down for awhile due to some fundamentals. I can see the bigger picture with more time frame so do look at all of them.

I think every little detail counts in forex. I do mean every little details from opening losing trades to not using stop loss or using high leverage or trading at the wrong time with the wrong pair could give you problems in forex. You will lose. But many will open a trade just for trading and not use top loss or trade at the low market time and also trade with the wrong pairs. So pay attention to your trades and you will do better.

That is very possible. They get all greedy and then use all and then lose all. You have to lower your leverage in order to lose less in mc. I guess that is what money management is. You have to manage your money. The more you manage the less you lose. The biggest mistake is to scalp too much since its way too risky so try to do long term trading or at least for a couple of hours. Also, they do not use stop loss and also do not manage their money.

The forex market is where everyone around the globe can make money. As long as you can get online, open a verified account, you can make money. It can be a good side job or business as well. Its for the knowledgeable person. You will make good money if you're knowledgeable and know how to make it. The forex market is a giant that will be here for a long time so get to know it and make yourself some extra money on the side. Its a money making machine for the right trader.

In forex, its all about brain work. If you want to make money, just increase your brain work and you will make more money. The bigger your forex brain is the more money you make, as simple as that. Just like any other types of business, it all depends on how the business is managed and run. Now, if you're good at that then the business will follow but if you're not god then it will not follow. You lose cause you're not good at managing the business or yourself. We need good mind in order to earn. Luck has just a little to do with it.

There are things you can do to eliminate risks like using stop loss at all time. You can leave it wide range but you must use it cause losing 40 pips is better than losing 100 pips. At least you will still have some money left to regain your losses afterward right. You must use wide range so you can take profit and not be taking out of trades way too early or for long term, you need wide range sl. You can also leave it wide if you're monitoring the trade since you can exit the trade at any time.

Yep, most hyips are scams. I do not like scams. I tend to do forex and I do not like it when others take control of my money. Why would you want that? You should not invest in scammy hyips if you can gain money in forex. You can control your gain and losses. No one will scam you. I think hyips is my worst nightmare. I've heard of so many nightmare stories about managed funds so I will stay away from it and recommend others to stay away from them as well. They don't pay you.

You can do them simultaneously and that will give you more understanding. In a demo, all you have to do is pick a good pair, try euro/usd and then open a long term position or short term when there is a bullish trend to trade and then close your positions to make a profit so then you will know what your reading is talking about. When you do the real trading, somehow, you will understand it so much more than just reading.

I think as long as you have experiences and knowledge you will find forex very easy. Its not rocket science. I mean as long as you understand fundamentals on why currencies move up or down then you should be good. I think in forex, you can find success if you have a good strategy. You can also make more money when you have a long term plan. Long term plan allow you to make more money than short term plan.