Sininfinity

Well one should not look for rapid success. Believe me if you look for it on the internet then you will find thousands of people offering it. But when it comes to proper application then you will see those thousands ways are not leading to you rapid success. So try to earn a stable profit.

What made you say it is not that big of a risk?

These are the basic things you should know. They may not be of concern but if you are trading for real then at some point you may find the information useful. Because some companies create rules around it.

In context of pips target, it is a good idea to set a target for profit where price can easily reach and set stop where price might have difficulty to reach. That can increase the chance of a profitable trade.

Well don't care what people think of forex trading. There will always be some who thinks forex is this and that. The thing is it does not affect the market and the market will move at it's own pace.

Don't disagree with you. AI's can not catch human comprehension. But there are practices in forex where AI's are being used instead of humans because they can decipher certain things faster and take decisions.

Addiction is never a good thing for anyone or anything. As some people said forex is a business and the potential of it can make one addicted. But stay in your senses and trade with discipline.

Well don't know why but some people prefer think the more indicators you use the better. But those who has gone through a forex school or have discussed about indicators, they know that using a lot of indicators is going to help but confuse the trader.

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Well in other businesses as well there is no certainty. Pointing that forex market is a uncertain market just does not sound good in my personal opinion. I agree that it is a high risky marketplace but there are ways to manage those risks. A trader needs to be educated for that.

There are risks in every business. It is a good thing to point out risks but one should not be afraid of risks and there are ways to reduce those risks. So learn how to do those things and develop a good trading plan.

Well people can earn really well from the forex market. But be aware of those who keeps naming a company again and again. They themselves may not trade if you dig through it. When make your independent decision.

Well work on a trading plan and try to trade normally. Work on being profitable but don't chase it. And remember that you won't be getting rich overnight.

There is an edit option below your post. Next time you want to add something please use the "Edit" option. Now back to topic, I like the suggestion you gave. Daily profit target is an overkill in my opinion. Weekly or monthly profit calculation gives much less stress and better control over trading. One does not need to force himself to trade to achieve the daily target.

Well I don't see many people mentioning about television. There are internet resources where people dedicated to forex share news about the forex market and also filtered news. That is a better place to stay updated in my opinion.

Good advice given. The forex market is not a market where you get rich overnight. Develop your capital slowly and steadily. Over time it will be a lot.

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Well I have said this before and saying it again. Don’t go for maximum profit. And look for what you can take from the market. Chasing maximum profit may not give you good result.