rizwanramzan

I am still a newbie in forex trading. Therefore I cannot deposit too much fund in my account. My biggest fund that I added in my account is 20$ only, It is quite a low amount, but I cannot afford more now. I am planning to increase my deposit in future.

There is absolutely no way you can start forex trading without investment. If you don't have funds you cannot trade and earn profit. However if you want to earn money for trading. You can start posting on forums like this one. You will be given bonus for your posts. This bonus can be used for investment in forex trading.

In my opinion forex is a high risk business. There is a great chance of losing your money in it. Because of it no one can guarantee his/her success in forex. A trader is unaware of what will happen next moment. However sometimes our predictions will work and give us good profit. But it is sometimes not always working strategy.

I don't think that copy trading is good for professional traders. However if you are a beginner trader, it may came handy for you in learning forex. But a professional trader must always rely on his/her own strategies. The trader must work alone, in order to get good profit.

Forex trading is the largest trading platform on the Internet. The amount of profit a trader can earn is much higher than other trades. However forex trading is not suitable for everyone. Some people thinks that it is difficult and some says it is easy. All of this depends upon the trader himself. If the trader is well trained, having good knowledge about trading. He/She will think of it as easy and think of it as profitable. On the other hand, a trader having in-sufficient knowledge and experience, will think of it as difficult and full of loss.

The ups and downs in the rates of various currencies are due to several reasons. The most important one is the financial and economic condition of the country. If the country is enriched with natural resources, It will then have good financial condition. This condition will make the global rate of the country's currency.

Yes it is possible that you will lose more than your invested amount. In this way if you have invested 100$ and have a loss of 120$, your balance in trading account will be -20$. It means you have to deposit 20$ more to overcome that loss. It came to be really awful and many traders leave trading due to this reason.

I don't think that this trick will become a key to success in forex. There is almost no absolute tip, that can guarantee you success in your trade. The only thing that can make you a successful trader is knowledge. The more good knowledge you have about forex, the more is the chance of winning. However, we can implement this tips as a strategy for our trading. May be it will came handy in it.

Thanks for you amazing post, It has helped me understanding various mistakes. I can now avoid them and become a successful trader. I have faced some of these mistakes in my strategy. Now I can optimize my strategy and avoid them, this will also help me to gain experience.

According to me technical analysis is easier to understand, as compared to fundamental analysis. Even a newbie trader can use technical analysis, for working in forex market. I am also using fundamental analysis in my trading business. It is yet easy for me and I have understood everything easily.

The importance of concentration in forex cannot be denied. A trader cannot earn profit from forex, without concentrating on his trade. Because forex trading is a difficult business, without having focus on the trade a trader cannot become successful. Hence a new trader must always try to focus on his trade, for earning reasonable amount of profit from it.

I am still a beginner in the field of forex trading. I am still learning about forex from different sources. Therefore currently I don't earn too much income from forex. But after learning it completely, I am confident of earning a reasonable amount of profit from it.

It is true that forex trading does not suits every one. There are people who cannot spend much time on learning forex. Hence they cannot trade successfully. This is the reason that forex trading is not suitable for every one. Only some people can start forex business and earn profit from it.

Currently I am a short term trader, because I am also studying. In this way I am earning small profit but that's enough for me. But for a trader who wants to work full time. The trader will also get large profit and can continue trading for as long as He/ She wants

In forex trading one can earn a reasonable amount of income. On the other hand a trader can face loss all times. Winning or losing depends upon the experience of the trader. If the trader is well trained with good knowledge of forex market. There are more chances of success in forex for him. Therefore we can say that forex is profitable and non-profitable, depending on the trader himself.

Yes I am fully satisfied with my broker. I am working with Mayzus broker. It has many great features, including their bonus on deposit programs. Also there support team is very good, they are online 24 hours a day and 5 days a week/Monday to Friday.

I am using mayzus as my forex trading broker. It is a wonderful broker for traders. The most important thing that I like about Mayzus is, the large amount number deposit bonus programs. Also there are other features like their support system, online Monday to Friday and 24 Hours a day. I am 100% satisfied with them.

No doubt that forex trading is the most profitable business on the Internet. But we cannot deny the fact, it is also a high risk business. There is always a risk of losing your money in it. No matter how much knowledge you have. You cannot guarantee your success in forex.

According to me the main cause of failure of a trader is lack of knowledge. Many new traders become greedy and start trading without having knowledge. In this way they have to face loss in their business. Hence we can say that lack of knowledge is the main cause of failure of a trader.

According to my opinion a trader without having experience, cannot earn profit from forex. Without having experience no one can trade successfully in forex. Therefore a good trader must always gain enough experience, before investing and starting forex trading.

Both of these trading have their own importance forex market. Virtual trading is necessary for preparation and training of real one. Therefore without working on virtual trading for a while, one cannot gain profit from real trading.

In forex trading we cannot win everyday. There will be a day when a trader will face loss. This cannot be avoided, because forex market is high risk market. Every trader has to face loss in his business.

Demo accounts are the only way of getting experience of trading. There is no risk of losing money in demo account. We can work for as much time as we want, without fear of losing money. Therefore new traders must spend as much time as they can on demo accounts. It will help them to increase their experience and skills.

According to me a new trader must rely on small lot size, as using high lot sizes is very risky. There is a great chance of losing your money. However a professional trader can take benefit from high lot sizes. Because high lot sizes have large profit too. Hence a professional trader always trade with high lot size.

It is a wonderful thread for choosing the write broker for trading. Every newbie will get benefit from this guide. Because having a professional broker, is important for earning profit from forex. Every newbie must refer to this guide and choose the right forex broker for his/ her trading.