Sininfinity

Well I always suggest traders to make mistakes and learn from them. Don't be too proud to accept that you have made a mistake and accept it. They provide valuable lessons that no resource on the internet can.

Many people in forums imply that brokers make them successful and anything and every topic we discuss has meaning be cause a broker is giving that individual something useful. If you really check they you will see there is not much of difference among brokers. A broker's real identity comes in front when people make profit or make withdrawals.

Well those who invest in other traders they have their measurement tools to determine who to follow and how to diversify the risk associated with copy trading. They just don't follow blindly.

The user panel looks good. But the problem with faucets is that they way too many pop under ads in them. And also after you complete all the steps they don't pay. So those who are thinking about doing this keep this thing in mind.

I have known about best change for some time now. But the exchanges listed there charges very high commission some certain types of exchanges. It is really disappointing to see those rates. But I understand best change does not have anything to do it the rates. They just list exchangers.

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Divergence trading plan? Can you explain a bit? lol Because divergence itself works great if seen on historical data.

Well if it is working for you then you can say scalping is the most profitable trading strategy. But other types of strategies are also profitable. And one should not compete with type of trading strategy. As individual traders our goal is to make profit and as long as we can do it with any method is fine.

1. I use basic tools of meta trader 4 trading platform. Trendlines, fibonacci. Don't use any software. But I don't discourage anyone to use any. Just don't spend money for it. 2. I would say meta trader 4. It is the most user friendly trading platform. 3. Start with babypips school.

Your question is not clear enough. Did you mean investing platform like copy trading or PAMM? Well there are many but popular among them are myfxbook, zulu trade & signal trader.

Very true. Forex trading can be turned in to a source of income for living but it won't become one so easily. And will take a toll on the trader. Hard work and dedication and determination is necessary for a trader to do that.

Well there are many countries where you don't need to pay tax for your profit you have made from forex. So that's not against law. And as long as you are avoiding regulatory loopholes then it is fine. Found a loophole in the forex market then use it. I doubt there are any.

Correct. Traders should take an practical approach. And counting profit at the end of the month is also preferred by me. But there are traders who also target for weekly profit. That is also fine if they find it useful for them.

Losses are bound to happen in forex and there is noting anyone can do anything about it. So if you have a long term goal then learn to accept it. It is impossible to make profit all the time.

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This is not uncommon in forex. Losses will happen but from your short reply it is difficult to suggest you anything. You should have explained more. Anyways if the method you are using is bringing you more loss than profit then that is not working for you and you should try to find the flaws in your system or develop a new one.

Did you write down what you did on demo and what you did on a real account? If you had then you could have found out what actually you are missing out in both of them. It is not possible to say anything from the short info you provided.

Well the big boys may change the direction but for not long. Even for central banks it is not possible to move the market in their desired direction for a lengthy period of time. And demo accounts does not have slippages which real accounts have.

In my view that is a wrong notion. A trader should not force himself to trade everyday. Instead he or she should look for opportunities (maybe) everyday. And when the opportunity arises then the trader should take the trade.

Very touching story. The trader expressed his emotions to the forum. But if we look at it, then we will see the forex work is done by sitting on chair. Or wheelchair which are similar. One thing he said was very useful and that is forex can give us something and make our conditions better. I am also trying to make my conditions better but have to cross lots of obstacles.

Twitter is a source of news but there are thousands of accounts and when news actually comes out it is difficult to monitor them all. A person will require some sort of AI to take advantage of social media sharing. And big players really don't rely on that I think.