Sininfinity

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FF has a delay around 14 seconds for high impact news data release. I don't know about CNBC or Reuters because I only check FF when I need to check the released data. If you have observed then can you please tell me the outcome delay of CNBC & Reuters?

Only knowledge is not enough for a trader. A trader also needs to use that knowledge to bring positive pips to his account. Good trading ability does not develop with just reading and a trader needs to practice long time to gain good trading ability.

Well these kinds of things does not develop in one day. It takes time and practice and experience in the market. After that they learn to control their emotions and stay disciplined and trade with a plan.

Yeah learning is a vital thing. We also learn from our mistakes. To generate big profits we must set our greed aside and also should not let other emotions hinder our decisions. If leverage and risk can be maintained properly then with a good system a trader can earn large profit.

Agree with you. Whatever method you apply in the market, make sure you understand it properly and you have a good plan to handle any situation you face while you are in a trade. The best way to test those things out is a demo account.

Please don't get me wrong. Your "Newbie forever" sounded funny to me and I laughed so I added a lol to my previous comment. And I also agree that sooner or later traders have to be disciplined if they intend to stay in the market for a long time.

How can you learn everything in the market? And how is it possible? You already know the amount of knowledge about forex is spread over the internet. Even if you consider learning most of the things at FF you won't be able to do so in several years.

Earning $1000 is a good target to set. But daily target is really a bad idea in my opinion. There is a limit to how much a trader can earn. And if someone sets targets of making daily profit then it could prove troublesome for the trader. I am not saying it is not possible but for many it is not.

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The MetaTrader 4 terminal is a perfectly equipped traders workplace that allows to trade in the financial markets (Forex, CFD and Futures). MT4 for Windows Main Features Advanced price charting for professional traders, fully customizable to your preferences Extremely user friendly interface, easy to use Highly secure platform, all data are 128-bit encrypted for your privacy, including in data exchange between client terminal and trading servers 1 Click Trading feature to help you reacting promptly to market changes Easy order placing, including the use of stop or limit order, take profit and stop loss Handles a lot of orders at the same time A lot of useful built-in indicators, supports custom-made indicators as well Expert Advisor support, you can use Metaquotes Language 4 (MQL4) to create your own automated trading script Multiple timeframes to help you analyzing the price actions, in both short and long terms Alert system to remind you for specific occasion, you do not have to sit in front of your computer all days Complete history reporting to analyze your trades For more information please click here.

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That is the better idea. If risk is managed properly then trader can recover from losses they face which can not be avoided. There are many ways people can avoid getting emotions interfere while trading. They just have to choose the best way for them to deal with.

We have to keep in mind that we can not master everything in the market. So we would be better off if we focus on improving those things which we need to be profitable in this business. If we try to gain all the knowledge in this market then our lives will be over but the knowledge won't end.

Yeah. Education is the first thing a trader needs. So better go through a forex learning school. If one does not then still that trader will get educated but with lots of hardships and losses.

I think scalpers trade in all kinds of market conditions. Just not the same person. Different people trade in different market conditions. And it is better for newer ones to use smallest lot size. They can increase it anytime they want, when profitable.

Any method a trader uses to make profit in the market is fine in my opinion. And about repeating things few times instead of one may be a good thing. Depends on the trader. I prefer to take one instead of several. lol

Those managers are just trying save their own back and so take such kind of actions. In my opinion it is never a good idea to force a trader to do what he is not capable of doing and punishing for that. Again I am at no position to judge their methods. They have their ways of doing things.

Well I never judge any trader how he manages his trades. As long as he is profitable, it is a good thing whatever he is doing in my opinion. And also I am not against compounding. There can be many ways a trader can apply including compounding with partial profit withdrawal.

Well don't you think these bucket shops have regulations? They are regulated but regulation does not do anything to help traders who are suffering from problems from brokers. So finance magnets have many articles & FPA as well on many incidents. Broker's honesty is more important than regulation.

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