bigxy

I have just created another new demo account in lmfx learn and earn demo account and i am very hopeful about getting the free 1000 usd which they announce for the winners only.

Lots of practice with a lot of patience and this should be kept with consistency because earning isn't that easier as the new traders think about it.

In my opinion fixed spreads might be a good option for everyone as these spreads are directly counted in the transactions cost incurred by any trader.

These inevitable losses are i guess the initial losses which many of us make in the start however we need to forget them and keep on moving forward if we wish to become successful trader of future.

Forex is a risky yet very professional business and if it is done with good analysis the chances of earning good money are very high as compared to any other business available to us.

I still give time to test my strategies on the demo account before applying them to live accounts, so far so better let see how it goes in future..

Money management, experience and emotions management contributes a lot on our performance in forex trading as compared to the capital.

We can also access the past list of webinars from youtube and their site as well..

I have a verified account with them but i am majorly trading forex for now because i think forex is quite best option for me, maybe i will give some thoughts to binary again but let see..

Are you talking about the mobile app or which one.. ? I am using the MT4 but it is from quite some time now so haven't have any idea about the new MT4 terminal.

Basically the currency of any nation represents their strength, the more the currency took strength more is the economy of that particular country in my opinion.

Babypips school is no doubt the best place to learn the basics of forex trading and yes you are right, demo accounts are also good place to learn forex processes more easily than any other method.

I guess these candle stick chart are the most popular trading tools because they are easy to understand in my opinion.

Forex trading may seems easier but earning money from it by trading requires certain skills so better to learn them before starting trading live otherwise all the capital will be lost during testing the broker processes. So it is advised to trade on a demo account for a couple of months before switching to live trading accounts.

Losses are inevitable so if a bad day occurs it is better if traders should stop trading and take some time thinking about the reasons for such losses, learn from those mistakes and avoid repeating them in future.

We better learn forex trading and then focus building an appropriate strategy and a proper trade management plan, once enter in trading then stick with the rules and trade plan.

I guess both of these types have certain pros and cons but we should evaluate which suits best to our needs. EAs on the other hands require monitoring as well during the news release or high volatile market so better to read their manual before applying them to the live trading account.

Risks are always associated with any business but we can minimize them by researching thoroughly and taking actions according to the needs.

Actually these forex brokers are present online and many of us are afraid from investing in online because most of traders got scammed by investing in different online avenues that promises of getting being rich right after investing with them. But the situation is different on the contrary, as many such online programs ends up taking investors money however i have experienced that trading forex with a decent broker can only be a legitimate business which is available online.

I guess card option is much convenient than any other wallet services.. ! It is a good initiative taken by them.

I think that those who does not wish to avail bonuses from the broker always do have the option to trade without availing these bonuses.

Bonuses are good too if a trader knew how to utilize them otherwise many finds it difficult to reach at the required threshold before withdrawing the amount from the broker.

EA should be used carefully as they are designed to follow the technical analysis so they might need monitoring during the high volatile market.

Demo trading is good for learning and it should be done for at least six months before going to trade live and once we go live, always start with small amounts to test the brokers internal processes like withdrawals etc.

Hotforex webinars are good to learn forex trading and we should take time learning from them, i also join one or two webinars every month and o have found these webinars good refreshers.