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I don't have much complain about foreign exchange fees, that's probably more reasonable for day trader like me but for scalpers they need to put this into risk management because with just one or two pips there are already a huge difference between those two, fees are trouble for scalpers but not for long term trader/

Robot trading is good it will save your time a lot, but that is one sided argument. Robot trading has its own advantages and disadvantages while the same thing applied to manual trading, where you gain full control but no automation makes it more tedious activities.

Be realistic, focusing on what you actually can reach rather than some kind of dream which actually impossible. It is hard to find the way for trader to get rid this issue but i think by having the basic forex's knowledge. You can survive this business and become a better trader.

Forex for you if you dare to take the risk and become someone who doesn't easily quit this business even with one or two margin calls. Forex is not for somebody with short temper, since it is clear as crystal that kind of man can't survive especially during volatile market hours.

Well to be exact i don't really know about what are you want to point here but scary of future in forex is unreliable statement. Forex itself is full with uncertainty, you will easily lose the money or even grab more and more profit for your trading. People scary because of stories about the brokers, that is all.

Yes that leverage makes forex more interesting, it makes fx in fact more profitable. Higher leverage means smaller capital need to open a position and nearly all traders able to afford per lot or smaller size. Without leverage it would be so much hard to start making money through forex.

What i am worried about is that people scared because of the stories circulated on internet like a good broker scamming their clients, or a broker which hold client's money, and so on. People scared since they don't know and has limitation to make money from this business, i think a right education about forex will help them a lot.

This feels like an old adage but actually contains the truth about high risk business such as foreign exchange. I think the firs thing we should do is to estimate the risk. Don't recklessly taking the risk for something that we cannot even take, it will just destroy everything, from account to the chance to make profit.

As far as i know the concept of balance trading is good. I mean you will lose in one account while make profit in the other account. The profit from profitable account will be transferred to the losing account. Hedging by nature and the real profit only comes from the interest rate , well this is could be profitable but the rate is lower than typical traditional forex trading, but you got near zero chance to lose especially if you are experienced with hedging before.

Safe you from lose and even at one point will help you to recover more of you previous losses. To me a good money/risk management in forex is just like a life guard, where people can trade with less worry that their accounts will be blowing up someday thanks to their bad risk management. I always asked people who just start forex to learn this first.

Trading excessively? Well that is not really something you should do, but if you have some time keep trading in demo account, a very good place to increase our capacity as trader. If we talk about control, i don't have full control, you can say quasi or semi manual/automatic. The opening decided by me but in most case the ending decided by machine but still with using my input as parameter.

The weaker crude palm oil (CPO) price continued in the third consecutive day of trade, CPO futures contract for December 2017, the most active contract on Bursa Malaysia, fell 0.33% or 9 points to 2,696 ringgit per tonne at 11:29 hrs. Previously, CPO prices opened down 0.26% or 7 points at 2,698 level, after trading on Thursday (28/9) ended down 1.53% at 2,705 positions. According to analysts, soybean oil prices fell rapidly, as well as providing bearish sentiment towards crude palm oil futures contracts. In addition, CPO price moves consolidated in the range of 2,680-2,770 ringgit in the last three days and awaits further decline to 2,610 ringgit. Based on the 0USDA quarterly report and Malaysian authority data, the palm oil fundamentally does not have a new clue while the market awaits full-month export forecast. Also weighing on palm oil, the ringgit exchange rate today was up 0.11% to 4.2270 per US dollar.

The price of rubber closed down nearly 2% in today's trade, in line with the fall in rubber prices on the Shanghai Stock Exchange. The price of rubber for delivery in March 2018, the most active contract on the Tokyo Commodity Exchange (Tocom), closed down 1.94% or 4 points to 201.80 yen per kilogram (kg). Meanwhile, rubber for January delivery on the Shanghai Futures Exchange (SHFE) dropped 6.95 to 10,980 yuan per tonne. Futures on Shanghai bourse continued to weaken as traders eagerly closed off selling and buying ahead of the long holiday. The market is also monitoring the amount of inventories in Shanghai, which may continue to be a pressure on January's rubber shipments. In contrast to the price of rubber, the yen exchange was down 0.26% to 112.60 per US dollar.

A number of Japanese economic data reportedly slick on Friday. Japan's core inflation accelerated in August and its industrial output increased more than expected. Labor demand is also still at its strongest level in 40 years. This is an indication that Japan's economic momentum is getting more solid. The Core CPI, which takes into account oil prices but does not include volatile fresh food prices, increased 0.7 percent in line with market forecasts. The figure became the eighth monthly gain in the index, after a 0.5 percent rise in July. Industrial output also posted a 2.1 percent gain in August, higher than expectations and earlier gains. Increased production of goods from the construction equipment, automotive, and electronic equipment sectors contributed to the increase. The Japanese economic data are expected to boost optimism about the growth outlook, even though Prime Minister Shinzo Abe has decided to hold a sudden election which has an impact on rising uncertainty over Japan's economic policies. Following this report, the yen weakened against the US Dollar, with USD / JPY rising as much as 0.25 percent to 112.58 and extending to 112.64

The bullish US dollar looked on a breather, taking a breath after its week-long rally against major currencies. Except for Yen, US Dollar provides opportunities for a number of other currencies to gain gains in Friday's trading session this afternoon, as investors are mulling over Trump's reform plans and the Fed's monetary policy outlook. In addition, the reportedly diverse US economic data also contributed to the movement of the Dollar. US GDP was better than expected, while Weekly Jobless Claims rose more than expected. The second quarter US GDP finals were revised up to 3.1 percent, higher than the 3.0 percent rise in Second Release GDP and the economists' estimates that the GDP Final would grow by 3 percent. EUR / USD is steady at 1.7793 after it rose from 1.1717 yesterday afternoon, which also became the lowest level in a month's time. The GBP / USD seems to slip 0.1 percent to 1.3425 after gaining 0.4 percent in the previous trading session. On the other hand, USD / JPY is trading at 112.619.

The Japanese yen was ahead against US dollar in trading session Tuesday this morning in connection with new developments on the Korean Peninsula. While the Euro looks to struggle at a four-week low against the US Dollar. USD / JPY briefly touched the new level at around 112.530 in yesterday trading session. The euro also showed little change against the yen, where those pair or EUR / JPY is moving around 132,460 after falling more than 1 percent last night. The yen harvested a fairly rapid gain after North Korean Foreign Minister Ri Yong-Ho said that US President Donald Trump was considered to have declared war on North Korea. The statement by North Korea's Foreign Minister was assumed by traders as a signal to return to safe-haven assets including the Japanese Yen. As a result, the Japanese currency also soared. Another market focus today is the Fed Chairman Janet Yellen's Cleveland speech at with the topic of inflation, uncertainty and monetary policy.

The world's spot gold prices were observed steady on the day after rising more than one percent in the previous session, boosted by increasing demand for safe-haven assets amid rising tensions around North Korea and in keeping with the dollar's retreat from its three-week high. Spot gold on the afternoon was seen stabilizing around its $ 1,310.80 an ounce level, not far from Monday's peak at $ 1,311.50, which posted its biggest daily gain since Sept 7. Market analysts say that selling in the stock market and rising potential market risk has triggered a rise in gold prices. North Korea's foreign minister said Monday that the weekend tweet from President Donald Trump was considered a declaration of war against North Korea Meanwhile, Asian stock markets on this day generally slip with the dollar off its gains against the Japanese yen by rising tensions on the Korean peninsula. Stock prices on Hong Kong and mainland China bourses are seen sagging, led by property sector after new housing rules from the Chinese government to suppress overheated markets.

The price of rubber continues its rally on the third day in a row until today, although at the same time the yen appreciates. The price of rubber for delivery in February 2018, the most-active contract on Tokyo Commodity Exchange (Tocom), closed up 0.14% or 0.30 points at 213.90 yen per kilogram (kg). Previously, the rubber price opened with a weakening about 0.56% or 1.20 points at 212.40 yen per kg position, after trading on Monday (25/9) ended up more than one percent at 213.60. The strengthening of rubber prices on the Tocom exchange in morning trading was in line with the strengthening of rubber prices on the Shanghai Stock Exchange. According to some analysts, rubber prices get support from downstream plant activities where every factory increases its inventory. From September 20, 2017 to Tuesday, September 26, 2017, it was noted that the price of rubber in the Japanese commodity exchange, TOCOM has risen by 0.14 percent, or strengthened by about 1.70 yen per kg.

The euro slipped to a one-month low on Tuesday's trading session this afternoon and became its worst day so far this year. Investors are worried if the issue of coalition formation in Germany will adversely affect the economy and drag the Euro Zone to the problem of integration difficulties. Yesterday, Merkel also issued a special note to respond to France's call on Fiscal Unions. French President Emmanuel Macron wants a fundamental overhaul across the Eurozone. EUR / USD is trading at around 1.1821 when the news is written, after briefly touching the level at around 1.1811 on the trading session in London. On the other hand, EUR / JPY decreased about 0.21 percent to 132.09. Sentiment on the euro was also hit by a statement by ECB President Mario Draghi yesterday. Draghi admits that Euro Zone inflation has strengthened lately. However, it also includes a phrase that shows that currency volatility uncertainty can not be ruled out. Therefore, monetary easing may still be needed.

US home sales surprisingly fell during August, according to data published by the Commerce Department on Tuesday, indicating that the housing market is slowing. New Home Sales data released tonight showed a 3.4 percent decline in August sales to 560,000 home units, contrary to expectations of economists who previously predicted to rise to 585,000 from 580,000 sales in the previous period. The related department said that Hurricane Harvey and Irma crashing into the Texas region had a negative impact on home sales figures which posted a decline of 1.2% YoY up to last month. In a separate report also released data of US Consumer Confidence in September by The Conference Board that recorded a slight decline compared to the period August. Consumer Confidence this month is at level 119.8 or below 120.4 last month. The greenback was observed higher versus major currencies such as Euro, Sterling and Yen. Investors are waiting for Fed chairman Janet Yellen's speech on monetary policy at the annual meeting of the National Association for Business Economics in Cleveland.

Oil prices strengthened Tuesday's gains, with Brent crude reaching a 26-month high, supported by Turkey's threat to curb crude export flows from the Kurdistan region, Iraq to the outside world. London Brent crude for November delivery LCOc1 rose around 46 cents to $ 59.48 a barrel after settling at 3.8 percent on Monday. U.S. Crude Oil for November delivery CLc1 rose 15 cents to $ 52.37, after reaching $ 52.43, a five-month high. Brent's rise meant extending gains for the fifth day in a row, jumping from more than $ 55 a barrel a week ago, as OPEC and non-OPEC producers ensured that the market was on its way to rebalance while oil demand was looking strong. U.S. Crude Oil has been left behind compared to the huge excess supply exacerbated by Hurricane Harvey, which forced the closure of nearly 25 percent of U.S. refinery capacity

Balance trading considered to be a bad idea for some broker but if you can utilize more than one broker, i mean two honest broker you can make profit from that technique. The balancing comes from the profit you get from previous trading and it need big capital to start so not really good for newbies.

If you cannot make a success with a good risk management or struggling with that, at least you wouldn't suffer many losses and your trading account still intact allow you to get another chance to make a comeback. A good RM will give you an extender of your career, and i prove it many times before.

Trading through mobile phone is just complementary, if you have 4k monitors you won't switch from it for a while. Desktop trading also feels more comfortable since it has bigger screen and one more thing that it is more powerful especially for traders who use a lot of indicators on their chart.

It is hard to say, i can say depend on each trader's preference. You can try scalping or momentum based trading or even use news as indicator like me. Overall the rate per profit is pretty satisfying. First you can do a research in demo account spend 3 months for each and which you find more interesting and suitable for you and which that give bigger profit output.