Sininfinity

You are right. If one can not protect his or her capital then he or she won't be able to survive in the market for very long. As long as one has money he or she is going to to move up. But without capital it's done.

Those are 2 good methods and taught in forex school at begging if I am not wrong. I am very interested to see how one achieves quick success in this business. Please show me one if you find any.

Profit & loss comes with a package. You can not take one without another. If you accept the fact then it will bring you good. And if not then it will have negative impact over your trading. Just my opinion.

The thing is one should not be ashamed of asking if he does not understand something without being afraid of thinking about what people would think about me if I ask this question. I believe all of us have something to learn from each other so hesitation will only put us down.

Not necessarily. A trader who treats forex trading as a jor or business can also lose a lot. But it was an informed decision or some mistake from trader's part. But gamblers gamble and they can win or lose. In most cases they lose. Because all they are doing is gambling. lol

A valuable thing mentioned here and I agree with you. We can predict the market movement but we will never know how exactly it will be performing so we should be prepared for everything.

Agree with you. What we have learned, if we put them in to action then we will see their performance and also other question will arise and that can lead to better understanding and also give us some experience to view the market from a different perspective.

Don't think so. There are many veterans and many high risky robots being used in a demo contest. One or another will make certain amount that won't let normal traders with good strategy win anything. Here I am not talking about newbie traders who are just starting.

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What you said describes we need to be disciplined and follow a proper trading plan if anybody wants to stay in the business for a long time.

Sometimes people confuse motivation with greed. Motivation is necessary for trading but if greed gets involved in trading then it can be really very bad for the trader.

Actually there is. Due to regulatory issues most brokers require a client to be at least 18 years old. Other than that, the sooner they start the better.

Almost all brokers offer something and that is good. But when starting start with you own money. You a trader is well familiar with the market and they can take those offers and do as they wish. But first things come first.

For a new trader lack of confidence is normal. With time a trader will gain confidence. It does not come in one day and a trader has to go through many difficulties before he or she can actually find confidence in himself.

Well in my opinion for most people $1,000 income is a lucrative amount. Does not matter which country he or she is from. And making it multiple times a month is a decent income. By the way $1,000 is a big amount or me as well.

Money related things are never easy and forex market is the biggest money market out there. So it is not supposed to be easy. We have to overcome all the difficulties and find a way to make us some profit in this market.

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In my opinion, there is no best time to become a trader. It takes time to become a trader and the sooner one starts the better. Also trading is not everyone's piece of cake so they should also keep that in mind.

It goes without saying. In economics there is a saying that humans can never satisfy their needs. If one need gets fulfilled another will take place and so on. For a forex trader, they should be focusing on keeping profit for the long run.