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Risk management plan is very important. I would like to add a link that can be really interesting and useful for all of you. Its from Investopedia, so you can be sure that its not a promotion. http://www.investopedia.com/articles/trading/09/risk-management.asp

But otherwise if you are a hired trader - then yes, it's a job.

Its a business since in job you are having salary, in Forex - ROI. In a job you doing what other tell you to do (exempt you are a CEO or an owner, but it's a business then), in Forex you are doing what you want to, you make your own decisions.

I have a friend in India and as you know Forex in India is illegal. Moreover all international Fx brokers are unregulated there but in the past this was not so strict. Now he says that new government came and it will be very difficult to trade, as banks begin to tighten the rules for trading...

Exactly. I am really glad by the way that you support a cent accounts.

I am agree with you in the point that "All profitable Forex traders were serious in the demo trading." but I don't think newbies need to practice demo for a year, it's too long, they need to feel a real account but with a small amount which helps them not to lose much.

Of course risk management is very important. It prevents you from failures and losses. That is why it's very important to manage it in a right way, taking into account your strengths and weaknesses in trading.

You just need to be really experienced and know exactly what to do with a high leverage. Of course if you do not feel like you can deal with a high leverage it's better not to try. I think trader's intuition plays not a last role in the trading.

I do not think that broker's qualitative services depends on its regulation or popularity to be honest. I know many different cases, which I've read here or on another ratings, discussions and forums and need ro admit that there are as much complaints about well-known brokers as on new or...

Certainly trade on demo accounts is important, but life is in the dynamics and you can not trade on demo accounts for too long, you need to move on. For me, the perfect combination looks like only a month you trade on a demo account, then progresses to a cent account, where you trade two months...

I travel quite often, so often trade on the iPhone than on a laptop. Many traders find it's not comfortable, but I was already accustomed and as a girl from support team of my broker told me that I was one of the first who established MT4 for iPhone through my broker.

It's forums in a first place. Other useful information you can find in Th Investopedia, Investing.com, Forex Factory, Babypips

The best option would be to make your own robot or your own software, but it implies the presence of skills, even more serious than just trading. Someone asked about disadvantage of robot trading? Well, I would like to share an article about it (not mine) but I am agree with it almost in every...

Firstly, without the risk Forex is impossible. All that is connected with the financial markets, and especially trading on them is risky and you should understand it. Find without risky strategy Forex is impossible in a first place and I would not recommend to deal with this question to...

Exactly! That is not a question that can be answered in general.

Of course, to make trading the main source of income is possible. However, based on their first post of author of the thread, I realized that he is a newbie. Accordingly, I do not recommend the author to abandon his main source of income, as well as trade in the last of his money, in order to...

Successful trading is the perfect combination of all the factors into one. Be so to say in the right place at the right time. When you have enter at the right time and buying the right pairs using services of right broker with a right platform.

The most important thing that every trader needs to understand - is that Forex is the same as job: on yourself, on your own mistakes, over strategies. So just to expect easy money will not work. On the other hand, it is very important not to give up. Accept and deal with your mistakes and not...

Well once I traded with liteforex too. I am not surprised someone wrote about bonuses that magically disappears since I had the same problem. I do not think they are scammers since I returned my money back but negative experience does not allow me to trade with this broker in the future.

I develop my technique through cent accounts since they are more real then demo ones and this will not let me relax. Unlike to the demo accounts for cent I feel that in the case of improper movement I will lose money, even though very small. But On the other hand, you are honing your own skills...