The market of gold is very volatile. It can fluctuate any time. But the biggest truth is whatever happens, the price of gold will increase day by day. So whatever leverage you use, trade with gold with long tern investment.
Now forex trading is on such a advanced level that every traders get many advantages from various ways. Now you can even trade while walking on road with your smart phone. In our future generation we will get much more advantages.
Yes. It is true. If we keep learning and practicing at demo account then it will be very easy to remember everything while trading. Practicing will help you to keep everything in your fingertips. And this will help you to avoid troubles while trading.
Yes, that is true. But the primary knowledge is not enough to start trading. Lot of practice is required at demo account. Practice until you don't get everything within your fingertips. When you enter the arena, you should not feel nervous.
Liberty Reserve is now closed, so it is of no use to discuss about it. I personally prefer paypal. And I am using paypal for many years. But the disappointing feature of paypal is it has compulsory auto withdrawal facility.
Yes, that is a great idea. If you don't cashout the profit then your capital will increase with multiplication. When you collect expected capital after that you can cashout the profit. But it is not possible for everybody.
It is not true that investing for long term will be always profitable. Profit counting depends on the market conditions. Expert traders always plan their strategies according to the market and then keep their steps ahead.
Yes, you are right. To invest at metals and commodities you need good capital to earn good good profit. Whereas you can trade with minimum amount at currency pairs. Different traders prefer different sections.
Well, if the traders are given chance for scalping then they will definitely utilize the full chance. Because it is the best way to earn money within few seconds. That's why many brokers don't allow scalping.
Yes, you are right. forex trading is not for gambling purpose. If you don't have any idea about the forex trading then it is strictly advisable to stay out of it. Because forex trading needs adequate knowledge and skills about forex.
The answer of this question depends on the traders. Different people has different abilities. It depends on the traders that how they can grasp the lessons they learn. Some prefer studying at online and some prefer to have paid course.
I don't understand that what is the link between handling one account and controlling emotions. I have seen, you are making same comment in all topics. Can you elaborate that how can we control emotion by handling one account.?
In our country we don't get chance to attend seminars on forex because very few people know about forex trading. All we learn everything about the forex trading from internet only. Because only this way of learning is available.
Yes, obviously we can be a good trader one day. Because every trader has started his career from zero. With the dedication to learn and hard work many experienced expert traders has got that platform.
Yes, i agree with you. Different strategies have different plans. So different plans are used in different situations. So it is always advisable that we should learn every strategies, so that everything should be in our fingertips while tricky situations.
Leverage never becomes an issue if you have the trading skill. Because if you don't know how to trade then it is obvious that you will lose your money whether you are using low leverage or high leverage.
Yes, i agree with you. Different pairs have different market conditions on different sessions. So to understand the market very well you need to note down the market ups and downs at different sessions.
Me too. Because of its complexity forex trading becomes more challenging. And this gives us the feeling that if you want to earn something, first you have to achieve that place. Only after hard work you can taste the sweetness of forex.
Yes, you are right. There is no end of learning. Specially at forex trading. There are many things at trading platform which we are unaware of. As we don't know about it, we never try to learn about it.
You need a place where you can learn trading practically. But if you try to learn trading at real account then there is the full chance of losing your hard earn money. So that's why demo account is mostly used for practicing. Because it is same platform without any charges.