Stekin

I got my own forex education from the internet and it is the best place for the trader to get the education of forex and how to trade. If you know you cannot be able to get the knowledge of trading from any tutor who will be ready to take you until you learn how to trade, then it is better when you try to learn from the internet.

Any trader that will depend on luck in other for him or her to be able to make money from trading in the forex market will end up losing. Forex is for the traders who are hard working and those that take forex as a serious business. It will not work for the traders who are there in forex in other to just make money without working hard to it.

Every body that is trading in the forex market is a learner because there is no way we can finish learning. Learning is on going in the business and as we are trading, that is the same way that we are going to be acquiring more and more knowledge about the business which will help us to earn more and more money.

This thing is the most risky type of thing to do. When a trader wants to make profit trading in binary, he or she must be the type of trader who is a risk taker and who knows and understand the trade of binaries very well. Binary is not easy and it can make you lose all your money in ten minutes

Any body can see forex as a good business when the person is able to have the knowledge. It is the knowledge of trading that is more important and that which the trader should try and understand. When you are trading in the business, it is more important knowing that the business is a type of business which gives you the opportunity to make profit whether you are a student or not. What you have to do is learn.

Forex is risky and that is what every body knows. When you want to make profit from trading in here, you must know about the risk and you will be very ready to overcome the risk of trading in this business. It is a good way for the trader to be able to overcome the fear of not wanting to trade.

If you are scalper, you will know that you can deposit money in the morning and open a position, make profit with it and withdraw your profit immediately if the broker is not offering delayed withdrawal. It is a business that you can't find any other business that is going to give you that privilege of withdrawing that very fast.

It's not easy to make money in forex and that is the thing which all traders will learn how to do. If a trader is the type of trader who wants to make profit from trading in the forex business, he or she will be able to realize that it is only with hard work that he or she can be able to achieve that. Forex is not an easy business.

What I'm thinking in here is that the thread starter means the learning that we obtain in forex trading. There are some of the brokers who do give conference and the traders both the new ones and the old ones can be able to learn from it and to understand how to trade the more.

We should not allow our psychology to control us the same way our emotion control us. If we are able to maintain a very good trading psychology, then it will help us to have a positive thinking that will keep us motivated to trade. Psychology play a very important role in the life of the trader.

For me myself, what is important is for me to withdraw my profit and not to compound. I am trading with a broker who is giving free trading bonus and if I think of compounding, I can end up getting a margin call so it is better for me to withdraw my profit and enjoy the sweat instead of waiting and losing it.

If the trader is still a newbie trader, then it is good thing for the trader to try and lower the leverage. It is good making use of small leverage than to use a high leverage because of the risk that is in it. Forex trading market is a type of place that we cannot dream of having high profit by increasing our leverage if we don't first of all think of high knowledge.

I agree with you. Forex trading business has so many definition that you can give it according to the one that you know about it. It is a type of business that is internationally known and which is legitimate. The most important part of trading in the forex business is that the trader can be able to make profit from it with a small capital and he or she is sure he will not be scammed of his or her money.

Newbi traders should not depend in forex for earning a full time income because this type of business is the type that you cannot be sure that you are going to make profit from it all the time. There are some of the times when you will end up losing money from here and there are some of the times you will gain. For a newbie, it is better not to rely on forex.

If you want to make guaranteed money using the free bonus that the brokers give, then you must be a type of trader who is ready to know how to learn. If you don't have the good knowledge of forex, then there is no point that you are looking for the free bonus because it won't be of any need to you.

Spread is the most popular way by which brokers earn their own money. Each and every position that a trader will make will have a spread which is what the trader pays to the broker whether he or she is making profit or not. This thing is the way they can have their own money in their pocket.

It is good when a trader starts trading by learning how to trade in the demo account. This type of account is good because it helps the trader to know how to trade and to understand the forex trading market much better. Newbies will learn to get used to forex when they try to learn from the demo account instead of trading direct in the live account.

We can make practice by group trading too. If we have a good group of where there are many traders who are trading as group traders, it will help us to trade very well and also to know how we can learn from each other that is in the group. It is also a good way to practice.

Just as you have stated. The trader's time will be determined by the strategy that he or she is using. When a trader is able to have a strategy of his or her own, he or she will also be able to know the best time for him or hee to trade. It is a type of business where your trading style and analysis will show you the way to trade.

No type of mentor is easy to find. It is the trader who should try and learn how to trade on his or her own without looking for a mentor because it is one thing that is very very difficult to see. There is you tube videos that can help anybody who wants to learn how to trade on his or her own.

Demo trading account is important for learning and for modifying our strategy and our skill. It is when we are able to trade in the demo account and be able to make a good profit that we can trade in the live account.The reason why some people tend to neglect this type of account is because they know they cannot earn from it.

Many traders are trading with bonus money and they are still making profit. Bonus money can be uses to make success in forex if we are able to manage our trade very well. It is good for a trader to know how he or she can be able to trade with money management. If there is a good money management, you can trade and make profit with bonus money.

@Standart, I don't think that consistent trading is normal because it means that there is something wrong with your strategy which you have to correct. If you are losing consistently, it will mean that you have to go and look for where your trading system is faulty.

When the market is against your predictions, then that will mean that you made a wrong analysis of the market and the best thing for you to do is for you to try and close your position in other not to hit a margin call. But if you know that you can recover, then you keep on trading.

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