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Not all broker have for sure sidejob because this feature allow someone to copy other people's trading without any permission isn't it? Some people tend to keep their trading secret from the others and this is what that broker who don't offer this kind of automation trying to achieve.

Yes i agree with you but i see many traders lack of this issue and sometimes i misunderstanding the market for the sake of fullfill my desire to make profit. Understanding the market is long journey so you don't have to worry about that so much just focusing on learn after trading because it will give huge impact.

Yes i know about this one that is tempting for traders, with bonus traders gain chance to earn some bucks without need to spend money from their own pocket. Even if they already do that this bonuses could be their own additional balance which means more chance to grab profit.

I cannot stressed much more that stop loss is really helpful for traders, in my serious trading it helps me to avoid much losses. The other aspect which i love about stop loss is automatic, when i closed my platform SL will still work so if the position reached SL it will close automatically.

Bonuses will only profitable if the one who use it is good trader not just some kind of random traders out there which may ruin the trading. Like many people said before, bonuses is just another part of marketing from brokers, but could be good additional income for traders who able to use it fully.

Just like what thread starter of this thread said, fx which we know already is totally a risky business everyone could simply lose their money if they don't careful with their strtegy and with their trading strategy of course. Lerning in demo account doesn't give you much if you learn in the least effective way.

Yes, it is true forex is business with lot of advantages which is a pity if we should skip it just because of the rumours of how bad fx. Talking out capital this is why i invest in forex because of lower barrier with lower minimum deposit i can trade with smaller amount of money which come from my pocket.

But actually we cannot trade without emotions, those emotions hide well into our own mind and still we can control it. Just like Warren Buffet said Be greedy when others are fearful, Be fearful when others are greedy. This means control emotions and unleash it at the right time.

@skyrock newbie could treat forex not as their main job if only they want to do that, all the decisions go back to that trader and also based on some variables which they already think before. If we asked can it be or not? It surely okay for trader to make forex as main job

It is possible as long as someone able to trade with proper risk management and of course more profitable strategy. To be honest i never see anyone whose trade daily and can make profit daily, some of them still lose their money while the other still survive but with reduced amount.

Yes that would be effective for the broker which regulated by strict regulator but for broker which we known as bucket shop broker it is not very wise idea for trader to leave their money there so much. So the conclusion is all about broker, if your broker is strict then you shouldn't worry about it

It is not paying you like you post in digitalmoneytalk, it still pays but with the bonus to trade. The rate is pretty nice and the activity is pretty nice. If you have substantial knowledge about foreign exchange you can post a lot of posts here not to mention MT5 is one of old forum which is well-known

So far i don't have any problem to access this site but it seems few people did, i actually don't know the reason. Overall, if i see the activity is quite nice especially in foreign exchange section also in HYIP section where there are substantial activities there.

Stock only open for 8 hours per business days while foreign exchange is 24 hours per business days so the total trading hours in forex per week is 120 hours, while in stock it is just round 40 hours per week. With that example foreign exchange seems having more capability to host big daily turnover.

I think that doesn't have anything to do with concentration, anyway concentration truly hard to achieve by some people because of the distraction and the easiest way to reduce this distraction of course by turning it off. You can just open the terminal and don't open browsers.

True it is just common phenomenon but it is not easy to achieve, not all able to do that in their first, second, third, fourth or even fifth time. I think we don't have to discuss it much more longer, in fact no one can run away from the web of loss, but we can recover from it.

@kalex78 So what makes us to be successfull in more efficient way without need to waste our precious time for doing repetitive thing which is so much boring. I don't know if this one is working but to be that one as soon as possible what you need is demo account and big amount of capital.

I cannot say much about the loss except this loss is actually the part of learning process, traders should learn about it more and just be sure it will benefit them in future. The other reason for trade in forex is its lower barrier. Of course money is the main reason but if there is a business with high profitability and lower barrier(minimum deposit) then i will chose that one.

Fixed means the spread intact and never move while Floating account means the spread is dynamic and keep moving sometimes it is high to balance the volume which low and sometimes the spread is low because the volume on that pair is higher than before. Some traders prefer fixed while others like me prefer much more sense floating account.

@tray22 It is good to show tolerance to lose but don't over do it. Once you lose in 2 rows and in relatively closer period of time then you should do something with it. If someone wants to be successful as soon as possible then keep practicing don't hope something fall into if you don't come and pick it

I find hard to comprehend this posts but let me guess it. Newbie will always be make mistake as for loss it is something that you cannot simply avoid even veteran still lose at one point. The point of mine is everyone can experience losses, and it is unavoidable, but you can reduce the risk of losing to near 0% by use proper risk management.

Slippage would be benefical if the slippage is positive but if negative people will surely cry for it. @skyrock I am not sure if you ever encounter it or you just don't know that you ever encounter slippage but this must be quite common if you alredy trade for such a long period. So the underline is no matter if that is slippage or not people prefer more profit than more loss, right?

seeing your last post makes me want to reply to you @levie, i think that is partially true it is true stock for trder with lot of patience but forex also need patience and in some cases it should be bigger in order to reap more profits. People up to now prefer FX because of its lower barrier mostly after that its flexibility like 24 hours to trade.

Yes controlling emotion is one of the hardest part which people need to overcome, even to some traders who spend lot of time in foreign exchange overcoming emotions ,control and don't mix it on trading still hard not to mention this kind of trader usually earn smaller and struggle to cover the loss.

Then after you learn about that forex theory in those blogs which shared by some of our friend here then practice, in demo account. Keep doing that for around 6 months or even up to one year, keep doing that and take a note to see which is your fault and fix it. With that i m sure you could be full fledged trader in less than 2 years.