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Indeed forex is opened for everyone and we can learn forex business easily, now internet giving access to get knowledge about forex, many trader might ever hear and reading article on babypips dot com which there already available class forex school from newbie to advanced knowlegde

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The  forex  is  not  just  some  specific  people  in  reality  the  forex  doors  are  opened  for  everyone ,  you  can  trade  ,  i  mostly  prefer  only FXOPEN,  they  are    have  world  best  services  for  the  trader  so  why  not  trade  with  them  and  avail  good  services 

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The part that it is open to everyone is the main reason forex trading is getting popular and popular day by day. We can trade easily anytime, anywhere in the globe without quitting our jobs.

Yes one advantage forex trading is we can trade anytime and anywhere, now many broker already offer mobile platform for android and iphone which giving easiness to monitoring account and the market anytime because mobile platform easy to put on our pocket also
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Open to many but not suitable for many, this is a high risk business despite of its openness but forex carry bigger risk than other kind of same business. I advise for you to think twice before going into foreign exchange, since it could probably let your own account lose more money.

 

I would not say forex carries bigger risk. It all depends on the trader that how he or she manages risk. All businesses have their inherent risks. No business comes risk free. So those who want to enter in this market must accept it and also accept that with profit they will also suffer loss. They can't be right all the time.

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I would not say forex carries bigger risk. It all depends on the trader that how he or she manages risk. All businesses have their inherent risks. No business comes risk free. So those who want to enter in this market must accept it and also accept that with profit they will also suffer loss. They can't be right all the time.

Yes forex is risky because this is included as speculative investment, and no certainty in this business, sometime as trader might getting profit and sometime getting loss, and forex because as risky business hence as account manager also need skill to manage account trading and also money with proper money management
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Yes forex is risky because this is included as speculative investment, and no certainty in this business, sometime as trader might getting profit and sometime getting loss, and forex because as risky business hence as account manager also need skill to manage account trading and also money with proper money management

with a very high risk that should be trying to learn in doing, as in running a demo account trading by utilizing the practice to manage a good trading, and learn the risks to be managed correctly to be able to survive in the forex trading business

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with a very high risk that should be trying to learn in doing, as in running a demo account trading by utilizing the practice to manage a good trading, and learn the risks to be managed correctly to be able to survive in the forex trading business

In daily trading as trader will at least they login account and look on the chart to update analysis, work in demo account with goal to backtesting any system trading and also strategy this is good way to practice and will better also if seriously because usually on demo account due using virtual money then trader reckless in trading just for fun
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sometime as trader might getting profit and sometime getting loss,

 

It is the truth. And many would be in denial that there should not be any loss. In this market the best a trader can do is speculate (talking about us, retail traders) and from that depending on our ability we can get profit or loss. In the Profit and loss which happens most, would depend on the trader's strategy.

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It is the truth. And many would be in denial that there should not be any loss. In this market the best a trader can do is speculate (talking about us, retail traders) and from that depending on our ability we can get profit or loss. In the Profit and loss which happens most, would depend on the trader's strategy.

This is included speculative investment but also as trader can relying from lucky alone and must learn on time when trend market has movement on clear trend, and also don't forget about risk management with stop loss, because not always as trader will perfect to analyze the market, if we can making more winning trades hence a month will increasing money
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This is included speculative investment but also as trader can relying from lucky alone and must learn on time when trend market has movement on clear trend, and also don't forget about risk management with stop loss, because not always as trader will perfect to analyze the market, if we can making more winning trades hence a month will increasing money

 

That's what I said. No matter how hard one tries, a trader can't be right all the time. Sometimes his analysis will work and sometimes it won't. The market moves with collective emotions of traders and whichever side has more weight will win.

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  • 4 weeks later...

exactly once, in the next forex trader will not make a profit, because there are times when traders fail because of certain factors. therefore as traders we should really be able to improve trading skills that we have in order to survive in the forex along Tickmill.

Making profit from forex is not easy like as on theory, we need to always keep practice and never give up on learning process, which we also need having good mindset if forex is not easy way to get rich at short time, we need always improved trading skill with learn many thing ins and outs of forex business
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I really agree with that. We really need to be able to improve our trading skills and skills so we can continue to improve our trading capabilities. Because inside the forex it will never have an instant, it all takes process and hard work.

Yes we need keep practice and also having good psychology trading but also need make sharp knowledge about forex market, because sometime also news politic and economy on certain country might influenced on currency and we need to keep discipline also on risk management and money management
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I really agree with that. We should continue to conduct training and learning using a demo account. Besides psychology is also still must be noted to remain in good condition and support for the use of trading. Because the psychology of a trader is a very important factor.

If likely we trading on demo account hence we also need seriously on learning stage, because although on demo account but if we only for fun hence will not giving better understanding any system trading that tested, there are some trader that willing to spent practice on demo account for few years because they won't to losing money on real account

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Forex opened for everyone and we can making good money through forex trading is we having good skill trading here, forex will giving us good earning but we need to hardwork and keep learning with never give up because if any tader leaving forex due on desperation hence they will get nothing and become real looser

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  • 3 weeks later...

Very true, but that needs to remember is in the forex it all takes a process that is not for a moment. Traders have to work hard in order to improve their trading ability. Therefore I always try as much as possible when trading with Tickmill.

Yes as trader need to always hardwork on this business if want to making good trading result hence we need to always struggling to making better result, forex trading is not easy although this is simple business but in fact making profit consistently is not easy task for trader

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Yes as trader need to always hardwork on this business if want to making good trading result hence we need to always struggling to making better result, forex trading is not easy although this is simple business but in fact making profit consistently is not easy task for trader

In getting profits in the forex business that needs to be with the process on the run, because without the forex is not an easy business to run, with a high risk must always be trying to learn in doing such a demo account is good in preparation to improve the ability to be better than ever

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In getting profits in the forex business that needs to be with the process on the run, because without the forex is not an easy business to run, with a high risk must always be trying to learn in doing such a demo account is good in preparation to improve the ability to be better than ever

Yes indeed forex trading is not easy task, this is also required high dedication and also keep learning because trading forex is not easy, sometime if trader they having weak mentality usually they will easy to leaving forex because one or two failure, and might many trader already know if so many trader fail on this business
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Yes indeed forex trading is not easy task, this is also required high dedication and also keep learning because trading forex is not easy, sometime if trader they having weak mentality usually they will easy to leaving forex because one or two failure, and might many trader already know if so many trader fail on this business

Very well said. Emotions play a huge role in trading, often as or even more important than getting the trade direction right.

 

Team Blue Sky BInary

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