bigxy

The chances are either these traders may blow up their entire account within no time and this is not something unusual, it happens most of the times to arrogant new traders.

I think that the 500usd is a generous cash prize to those who shows improvement in their trading style despite the fact they win or lose.

Perfect we should try to rely on our own skills and better building them rather looking for the indicators. Such indicators are mostly lagging and they cannot predict future.

This actually comes with spending some time with the trading market.

Stick to the demo account for some time and soon you will be able to tell us a lot more about steps to be done while chosing any broker.

Any trader can withstand in long term trading only if they know what they are being doing. New traders should make a trade with a prospect not to enter the market with short term trading objective and especially when the markets are highly volatile.

Yeah risky yet very rewarding and more riskier to those who does not know what to do in this trading market in my opinion.

Yes rushing into investing in forex trading without any prior knowledge is because every new trader has a mind set that they have to push some buttons like in casino to double their money whereas in actual it is not like the same.

The plus for these bonuses is that those who does not wish to avail these bonuses always have the option to open account without availing them.

Trade the asset which best suits you and invest to that extent which you can afford to lose.

We can better find what sort of trader is hidden inside us and start focusing on developing it.

Hard work plus smart work is needed and i think those who become successful up till now do possess discipline and focus in their lives.

We can better sit and check what kind of trading style suits our personality some are short term traders / scalper and some are long term traders.

Also keep in mind that the new traders lose money as well but those who let go off these loses eventually become successful in future.

The best part is that we can learn how to keep these emotions out of trading but it takes some time to train our mind.

Scalping can be risky for the new traders because it is done in a very short time frame so they should instead trade on longer time frames.

Those who know how to trade does not actually require bonuses for trading. They however add this bonus as a plus to make more money with it.

There are a lot of options in the market however there are a variety of brokers which can be trusted being reputed like hotforex, xm, exness, lmfx etc but proper research should be done before finalizing any decent broker for trading.

A demo account is also important for a beginner and a demo account can be traded for a minimum of six months before going to trade on live accounts.

Good thoughts, keep concentrating on becoming a consistent profitable trader and this is the only target of successful traders.

Forex can be a good option if we know how to make money from it otherwise we will be among those 90% reported losers i guess.

We should only invest what we can afford to lose and we should invest in that particular industry which is known to us and an ample research has done about the relevant industry.

Not sure how many time you will type expert opinion in your posts..!

Moreover the bonuses are always associated with certain terms and conditions so better read the terms before availing such bonuses. Those who know how to trading art can actually make money with their own money rather than availing other leveraged stuff which can be removed in some cases without prior notice resulting in a losing trade.

In my opinion using a stop loss feature can help us cutting our losses much earlier than it becomes too late.