arjumand

I believe that it is strong because it is owned by many countries and thats might be a valid point for its strength.

Brokers only restricts those trading types which violates their terms of service and i have noticed that many brokers allows trading during news release where we can easily scalp and make good money in one single trade.

I guess it might be hard to trade on multiple broker but as a matter of managing risks and reducing the risk of loosing the entire money if a broker turn scam i think it is a good idea to keep our money with more than one broker.

I guess that's the reason scalping is possible only during the high volatile market conditions and these scalpers manages to closes their trades quickly and make more profits than the fees incurred or choose those accounts which have the lowest spreads/charges.

In my opinion no broker wants to loose any trader who is helping them earning money in terms of spreads or commissions. The dealing desk brokers eventually exposed with the passage of time however it might be good if we check traders review about the broker before finalizing any broker.

ROBOTs can be a good option for those who wishes to go fully automated however these can require monitoring during unpredictable market conditions because all of them are meant to follow technical analysis.

You are right i think experience comes from experiencing bad so better to stick with forex trading. Better if we should take some time reviewing our mistakes and learning from them in order to get on the top.

Scalping is no doubt very profitable yet it is quite riskier for the new traders so they better choose trading on longer time frames and move to scalping when they get good hands on trading because scalping is only possible during high volatile market and those with low experience can blow up their accounts easily.

I think we should only use the most popular indicators to assess the market rather than flooding the screen with too many indicators which will only confuse the new traders.

Learning in forex has no end and each new day has new addition in our experience, the only thing is consistency and patience which leads us to a successful trader.

Bonuses can be helpful however they should be availed after knowing the terms because they have certain terms and conditions which needed to be met in order to make withdrawals so don't just go for the free money better read the terms and then make proper use of these bonuses.

Without targets we can not achieve any success.

I think we need to learn forex by doing demo rather than claiming no deposit because even then we need to deposit with the broker before withdrawing the profits on no deposit bonus. I still have my demo account active beside my live trading account at hotforex and the demo can be downloaded from the hotforex site without depositing any money with them.

Absolutely agree that there is no guarantee when even a good paying reputable broker turned into scam and stop paying its clients. We already have a lot many examples in the past so better to diversify funds and withdrawing profits regularly to be on the safe side in the event of broker default.

Bitcoin is now becoming a future's commodity and i had noticed that its current price against USD was around 3500 usd per bitcoin, i guess much lucrative pair to trade.