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As Far As I Know, Skrill is not really strict but if you use it in forex or another kind of business i think that is not a big deal to use it for long term, except you are using skrill services for something that may killing you sooner like HYIP or Scamming business.

I see spread is actually as the part of comission and this is true in STP broker because i use it at the moment, spread usually ranging as low as 1 pips up to 4 pips depend on the liquidity of the market. If liquidity is normal or above average it is around 1-2 pips. Not so big for forex but if i make profit they also feel glad with it LOL

Tis is true because i know it by myself depending forex as your main income while you are newbie is risky since that will make you worry so much. I advise only depend on forex as main income if you have enough experience and a lot of capital around $2000 maybe? With that you can earn well monthly and even replace your old job.

Your information is really comprehensive, but let me add my own opinion and view about that a bit. First, i see that NFA as the most strict but not as the best regulator. The best regulator overall is FSA and FINMA. Second, more than 10 years does not give much effect but as long as that broker is credible and of course well regulated by at least those two regulator you said, it will be a different story then.

@unclegober : This one also a good idea and actually i am supporting it first because people tend to look for bigger profit they forget that earning less is better in forex this means reducing the risk too. As long as you are in profit and the trend is likely to fall don't hestitate and cut the profit.

It is not about managing your forex capital but spending your capital. In fact each trader has their own way, right? At the moment the only thing at my head is only compounding until i can earn 3 digit income per month and then i can gladly step by step withdraw all the profit into my payment processor account and buy or spend something for it.

At least we don't have to worry about don't have big amount of money, right now when forex becomes more "online" we can invest with small amount of bucks. Some brokers even allowed us to invest at around $10-$50. This means more people that can invest and join in this the most liquid market ever.

True, it is pretty useful for trader, something like never be greedy or spend as much as ...% of your bucks(the blank spot is up to yours). Well that kind of rules are not hard but the hard part is actually realization of that rules. Can you consistently only following those rules or bent yourselves to change it?.

If i must choose then i will choose experience over the others. It is the most feasible thing that i can get even i get less education i think i still can survive even must be struggling for sure with the experience i accumulated so far. It will help me to develop more mature strategies in future.

@sidejob: Well that is true technical analysis is not really bad at all, in fact it is so much helpful giving various way to see the market for many decades, but above that all fundamental analysis i see as the up to date way to see the market, it is dynamic and does not always stay bullish or bearish, it is just follow the news result and trend that happening later.

Scalping a technique that gives you chance to grab more bucks in relatively shorter time. Scalping makes difference here because of its unique approach at that time(not right now). In the other hands people love to get money in relatively short time and that is why this technique become more popular.

True for SWIFT/Bank Wire but i personally still stick with payment processor just like you. Easier to transfer and right now with no fees(Neteller). Not to mention that in my country we can use a lot of exchangers that ready to buy our balance which is a good deal to me.

Around 3-4 months if i don't make huge mistake remembering it. At the moment i got constant profit ranging from 10-20%. Don't trade everyday but only trade when there is such a good news like NFP, CPI or Interest Rate. It is not about duration i think but more to you quality of training because not all traders can learn well in relatively short time.

If i want... well forex maybe can turn into something that is easier to predict. It would be good because i can win whole or most trading in the ratio it is at least 99%. That would be a good world for me but it is a contrast since because of its dynamic environment which create uncertainity which turn forex into a lucrative business.

Well i can say it is easy but not so easy, even with click only we can make profit but my total earning is keep increasing. Actually it is easier than selling something to someone(according to me) but once again its uncertainity and also its dynamic environment makes forex as not so easy business and even closer to difficult business.

You mean segregated account? Well that is one of the best way to keep client's money. It makes our money easily to manage. Personally i love this concept make a broker more credible and more transparant rather than when they combine all money from the clients with their operating funds.

Well, my statement here that forex right now is one of the most lucrative business or to be precise online business that ever existed, turnover with more than 3 trillion USD each day and keep growing is the best interest for many people to make money from it. I think at around 2000s it start to turn into online business.

Turn your trading into more automated phase is a good idea, and you can relax more. But you must know the side effect of doing this. You must know well the bug of your robot, or how that robot will manage the risk and what is its behaviour when reacting to volatile situation and so on. I don't against it for sure but it will be better to know it first and use it after we know what we want to automated.

It will be popular as long as there are currency like USD, RMB, against any other currency for example EUR or CHF. In fact as the world population more globalized rather than before, people can connect with each other and so do currency which is a liquid thing thus it makes it popular since it is liquid enough for many people to participate.

It will be and always be a main job for someone who earn well and also can manage the risk plus does not have any other job that is promising for them. It is not a big deal to become a full time trader, there is risk for sure but in the end each job has its own risk isn't it?

I really cannot get so much people that keep talking about it, also it seems that gambling and forex nearly the same that is why they think like that but that is not the case, i mean forex is about trading even speculating it is just like we buy and sell something later, it is a trading not gambling.

Lion or a cub? Well that is not even matter in this case. Just trade like the way you are and always be reflective to your result. You will be able to repair what is your mistake if you are doing something like this and turn your future career better.

Well all of those things that this program has surprisingly good enough but i don't really believe the claim from this program that they are registered, sound fishy and just like marketing gimmick. Anyway, ROI rate is pretty stable and profitable at the same time, if i want to say this program seems will have long lifetime period.

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