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I think newbie traders should stick to their job first to gain money for their daily living cost rather than waiting on trends for profit since its too hard for them and they might lose more than gain so they end up with no jobs and more losses so it becomes a major problems. I mean you work the...

I think scalping is way too high of a risk for newbie since the price fluctuates so fast that they might have trouble controlling their trade whereas they don't have to think that much in long term trade cause they can enter at a very low price and then sell at a higher price so not a lot of...

As a newbie, you will also need to know what market time you will be trading in. This is important cause you will make more profit if its during peak business market hours and less money when there is no market open or end of the day or off hours. You can trade NYC, London, or Tokyo hours. On...

I think the Euro is the safe haven for me as a trader. This is because I get really good profit from it during NYC and London market time and it also performs really well in Tokyo time so I'm guessing then that the Euro will also be a popular choice among other traders as well. If something...

I guess as experienced traders, we all know that the market is not good during off business hours like after market closed off, weekends, or holidays. Sometimes, spiking in news releases are noise for long term traders as well or its too volatile and it can wipe out your account as well. So...

I say that when it comes to forex trading, timing the market is everything when it comes to your ideal pairs. The market opening is when there will be chances for higher profit in scalping and long term open positions to rise. So, if you want to day trade, you can buy at a lower price like a...

If you find yourself trading when there are two or more market opening, then you will see that the potential to earn profit is much higher in pips. Since there will be more demand and more transactions for the currencies involved. The more transactions involved, the higher the profit or the...