Levie

It is very possible to make this online business as our main job, we don't have to worry about it, the only thing that we need to worry is the way we trade. Well, in order to make forex as our main job, we need experience, skills, and a bit of luck. In my country there are a lot of professional traders that make forex as their main job

It depends upon the learner and his attitude with which he is learning Forex. Every learning process becomes difficult when it is not inculcated with the correct attitude. So is Forex. As Forex is a plat form of earning then the difficult part has to be overridden and the ultimate goal should be focused.

our money is always safe. though we are does not manage it in trading, it won't reduce. while if we are tried to manage it, with proper skills and strategy, we will able to make profits raises high. majority traders face failure due to trade reckless. no knowledge and proper strategy. but if they are take learning, that is the best option.

I'm sure that those who have the full knowledge of forex trading and are profiting from it won't say that its gambling. Its people who are not ready to demo trade, read the charts and trade the news all in the name of 'so i'll do all these before trading'. These people will enter the market without doing any of the above so when they lose, they say that forex is gambling whereas they themselves are the gamblers because they entered the market to trade without analyzing the market

We all know that discipline is the key to success.In Forex its very necessary.If you wanna be a successful trader you must have a good money management system.You can not be succeed without it.Try not to risk all your capital.Make your best analysis of the market and trade carefully.I think you will be succeeded soon.

Not only that we need forex forum but the same time we need to have forex account and trade using demo account and better yet real account and trade using bonuses funds. In this way you can try to study more strategy and same time earn enough knowledge and know how before trading actual/ real account.

Either of these two has its disadvantages and advantages over against the other. However, I think the low minimum investment capital of forex gives it an advantage and makes it popular among younger people nowadays. Buying stock require larger capital and it's also susceptible to financial cruch, unlike forex trading which is unaffected by this

I agree with you, up to now and i think for forever people will think about the fees too which means that as trader you must re-check your cost and calculate for the worst in this case as forex trader is spreads which already accounted to our position since we opened it. You can try more ECN brokers out there, most of them offers prime support and also for its server it has 99% up time.

A lot of people would want to say they have that control over Forex while in actual sense, Forex controls them. They find it so difficult making Forex a business that they have to wait for the ripe time to strike and that is the more reason they also find it difficult earning because discouragement sets in once their dreams are shattered.

Many traders says that demo trading is a waste of time. I don't agree with that. Demo trading is the foundation to having a good result in real trading. It is in demo trading that you have the opportunity to practice and check your trading strategy and see its efficiency before using it in real trading.

bonus is very helpful for traders, depending of each trader. If you can make the best use of the broker bonus. The bonus is given does not have to get into the trading account the bonus does not go into the account until certain conditions are met, equally as beneficial. So it depends on the choice of trader

I prefer Forex trading over stock trading because of the 24 hour term. The Forex market moves much faster than the stock market. You can earn significant income within days on the Forex market. The stock market could take months and even years. The stock market is for people who have a lot of patience.

It depends upon the learner and his attitude with which he is learning Forex. Every learning process becomes difficult when it is not inculcated with the correct attitude. So is Forex. As Forex is a plat form of earning then the difficult part has to be overridden and the ultimate goal should be focused.

Stop loss is a type of pending order that he forex trader places in anticipation that if a trade or an open position goes the other way round to the negative side, then the trade should be closed automatically at the set order price which is the stop loss. It prevents a trader from losing more than required amount while trading.

I think Demo and Real account is a whole lot different thing. Demo only gibes you idea and to make get you familiarize in trading. Demo could be helpful if you use and maximize it. You can practice here strategies which you think you can use in real trading. But still study shows that traders who are winning while using demo accounts still looses when they open a real account. This just proves that a real forex trading should require real experiences from the real trades you make.

Share and give some advice for newbies who just start doing forex trading.

I also unable to get daily profit but i also agree now probably it possible who are really good trader which we see in some hyip which giving daily profit and running from years . i also now trying to getting daily profit if it going very low amount but the main target to get some pips everyday but sorry to say still not succeed.

maybe easy if traders already have good knowledge and trading skill but difficult for newbie that still have less knowledge and experience. so, before traders think about easy money gain, better learning and practice first in order to preparing their self with good knowledge and skill.

very true indeed if we should also have a monthly target on our trade order management of our money would be better but we can not do that if we have not been able to do a run consistently on a daily profit on the trade we do because to get any profit target month will be very difficult if we can not be consistent with our daily profit

if we are perform scalp, mean that we should use small spread range. to make target easy to be achieved. when we are has good strategy, has chance to get daily profit. however, we should accept losses also when it occur. do not force to make position remain floating when we are know that we are make wrong decisions.

Well forex trading is quite a hard working place as well, we cannot think of it as an easy task neither we can take it too lightly on us, we should just concentrate on striving hard for learning forex trading in beginning so that we can make profits afterwards then thanks to our hard work in beginning.

I never thing its possible to get profit daily because there will be some day with great loss and there will be some day huge profit but to remain in profit we should manage it carefully that loss is not go more profit . but i think it not possible to win daily in forex.

Definitely, there's still exception as we can't really make daily trading since we can say that we can be scalper well, even scalper need to have chances to have a good opportunity in a trade not always to trade but if not then we might lose chances of profits as well as wasted our time to monitor the market for a good trade.

I do agree with you, in this case regulation give us more feeling of safety compared to the others where there isn't any regulation. Regulated broker in this case will give another chance for trader to trade without worry and their money for sure safe, since regulator will guaranteed some of our money but usually for small traders i think all of their money still covered by this kind of protection

I think that the forex business is both smart as well as hard work, as here a trader can earn money in a smart way but for that a trader has to work hard also. They must practice on demo. The traders must work hard on demo account to gain all the knowledge with which they can earn some reasonable profits from this business.