For me, no. Because I don't trade in forex as a full time type of trading, I don't get financial freedom from it. I trade in forex as a part time business and as a type of business that I use to take care of small needs. The trader who wants to get financial freedom with forex trading will have...
I am satisfied with what I'm earning here in the forex market because I am not a big trader, therefore, I am not expecting to earn so much of a big money from forex. I like to earn the little that my capital can be able to carry me.
I never lost because I never invested. I don't use pamm because I don't trust pamm. I like to trade by myself and if I lose I lose. I'm sure it is not all managers that will be able to manage other people's account very well. They will not trade in that their managed account very well as the...
It is not good for a trader who don't know how to trade on news to trade on it. High impact news like the NFP will make the forex trading market to make a sharp movement. This thing will also cause some major movement that the trader who does not understand it will fall easily to it.
It is not good to rush in forex to make money because you are going to lose. When the trader wants to make money from forex trading, he or she will have to be able to learn the trading very well. It is when he or she has known how to trade that he can be able to earn profit.
Forex is unpredictable because no trader can be able to predict it and know what will happen. The forex trading market will be changing all the time. This thing will make it to change from the planning that you gave it before. But when we are having the forex trading knowledge, we will be able...
It is good that a trader will be able to admit his or her mistakes. This thing will be able to make them to learn. When you know your mistakes, then you will be able to learn from it and to know how you can control it.
It is when a trader lose money that he or she will get upset with forex. Everybody who is trading in here wants to make money from trading. When they are not getting the money that they want to make, it will make them to get annoyed wth forex and trading in forex.
No, don't lose more than the profit that I make. I lose some times and I gain some times. Whereas I had a bad trade in December that made me to lose so much money, it doesn't mean that I lose more because that is how the market is.
It is true that when a trader does not learn, he or she will not be able to earn. It is learning that will give birth to the knowledge that is required to earn money in here in the forex trading market.
It is because their mind is on how they can be able to earn huge amount of money that make them not to learn. Those of the traders who refuses to learn are the ones that find it difficult to earn. The newbie traders that are coming into forex are focused on how to make money only.
I have learned how to be patient because of trading in the forex business. This thing is important to every of the traders if they want to make money from trading. Forex business taught me how to be patient and wait for the right time to do anything.
It depends on the new broker and what they are offering. It is the new brokers that are always going scam so before I will trust anyone, I will have to be able to know the kind of services they are giving and their status too.
I'm sure there is no way to be comparing this two things because they are not the same. Internet marketing is different from forex trading because forex don't need you to start advertising other people's product or your own product. Internet marketing is an aggressive type of business than forex...
You can open more than one account with one broker. This thing will be possible for any of the traders that want tohave multiple account with one broker because some traders want to trade different style in different account. Maybe they want to scalp in this account, open long position here...
The best process for a trader is to first of all, learn how to trade, after learning how to trade, you learn how to save capital for your trade. This thing will make you to have a trading capital. You can use that opportunity that you are learning to save a capital that you will be using to trade.
It is better when the trader is trading according to his or her capital. If you are trading in here in the forex market, you have to be able to understand that the capital you have will have to be big if you want to make big profit.
That is to say that if you are having small capital, you should...
If a newbie trader wants to learn from forex books, he or she can download from the internet instead of buying. You can be able to get whatever book that you want to get from the internet because there are many professional traders that are ready to give you their knowledge of forex.
Just as you have rightfully stated. It is better when the trader is making use of more than one indicator. The ADX is good to be paired with other trend finder but right now, I prefer to trade with the news. The trading indicators will be the best for the newbies to start with it.
You can get it in broker website. I'm sure there are some website about stock exchange that you can get it too. I know you can get it in mt5 forum. I used to see it there when I was still a member there. You can get it in so many places.