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I can tell you because I was in this situation so I simply gave up and only in time I've started to learn. I thought that everything is so easy here on Forex but I failed so I pulled myself together, read all of the information which I found about the Forex market, the strategies, nuances, etc...

You can trade as much time as you need to be successful but you need to be aware of market situation 24/7 to enter market just in time.

The reason why I do not like threads like this os because of a people like Steve. Steve, how much they paid you for the promotion? Is this your real name? This broker is somehow related to Russia - it's a first thing and secondly - how successful Forex trader you can be in 22?

The best place to set the stop loss, according to the classics, it is considered due to the previous maximum or minimum, depending on the current trend. In my opinion this is true only when the market is in trend, but as always in the Forex market, if the majority of traders see the already...

Once I gave up. I've lost very big amount of money a few years ago, so I made a Forex break for almost a two years. Now I am a different person, I do not want to give up anymore, my only goal is to succeed in Forex and (not to be shy) I think I an doing good.

Forex for dummies was the first book that I had read about Forex. I really like literature not only about Forex but those that are related to finance like "The Financier" by Theodore Dreiser and "Reminiscences of a Stock Operator" by Livermore.

I do not see any logic in this statement. why not? If a newbie learn, trades and still have money for this trade then trade 24 hours a day, 7 days a week.

It depends. If we are talking about newbie trader, as you wrote - I would recommend you not a high leverage since you need to be experienced to undertake risks. But if we are talking about leverage in common then I recommend i high leverage since practically higher leverage - higher profit.

Good Forex forums are forexpeacearmy, myfxbook, forexfactory, earnforex, forextips and this one as well.

you should always analyze news before start trading as there such thing like news which are beneficial to the Government of one country or another, and are not always truthful.

EUR / USD - The EUR / USD GBP / USD - British Pound / dollar AUD / USD - Australian Dollar / United States NZD / USD - New Zealand dollar / United States dollar USD / JPY - USD / Yen USD / CHF - USD / Swiss Franc USD / CAD - United States Dollar / Canadian Dollar From the above, it can...

chose a fair broker and then you can chose a type of account with hedjing

make a research for fair broker, find your own successful trading strategy, choose comfortable platform, read analytics - it's main but not the only thing

as long as it brings me good money and joy - i think so.

I do not remember any such strange things from my broker but even if i found one it is okay if I am still have my profit. Sometimes support managers call me and ask if everything is okay, if i enjoy working with them but that is not irritating they never forced me to deposit ne that more or smth...

News about oil trading on 18.08.2014 Oil prices eased in Asian trade Monday, but retained support from the latest round of tensions between Ukraine and Russia which sparked concerns of a full-scale military conflict, analysts said. US benchmark West Texas Intermediate for September delivery was...

The importance of the stop-loss due to the fact that any trader, even the most successful beyond, with great trading can fail. No one can sell to break even, which would be a great trading system will not be used in trade. Therefore, the problem of rational limit losses and risks is one of the...

Usually it is not only luck, it's years and years of deep studying of market as well as every day practice. Market is unpredictable but you need or spend some time for analysis or just be a professional to think and move quickly.

hate the NZDUSD just lost my money because of it yesterday due to the last events. I do not like exotic one as well, they are way too unpredictable and slippy.

Rob the bank. Haha. You must be a practicing trader, constantly monitor the market, read analytics, improve your trading strategy and just be lucky at the right time to make the right transaction. Well, or rob a bank.