Wow, so he quit cause he got fed up with losses. Well, he should learn so much more so he won't lose. I guess doing it full force without knowledge is not the way to go. He should not quit but rather assess his skills and mistakes and refine them. I mean forex is good business so don't quit so...
I too have heard of many bad bots stories. I mean we make the bots so we're smarter than them right. Remember since we make the bots there are human bugs errors when making them too. In case that it was from your broker, you will be screw by that bot. I think bots have limitation since they...
They have to use third parties since not everyone can do bank wire for safety. It took longer and more fees for bank wire as well. And some don't want to expose their personal bank info that way. This is why I prefer paypal or skrills. I do not want anyone to know my checking account numbers in...
You can get white hair for trading all the time. If a trader trade in the thousand, its very stresful so forex is very serious in nature for a lot of serious traders. If you don't trade high capital then it means nothing but there are those who trade in the thousands so they will have a lot to...
I too am very happy and satisfied with forex. I have a lot of free time so at least I have a hobby to pass my time. If I have some money I can even make more money with forex so definitely something to hold on to for the long term. I mean having a side gig is always a dream come true for many. I...
I don't think forex is too good for the unemployed since the money they have is for their bills and forex is for those who have extra money so the unemployed can get in more trouble as they can lose and now have negative balance due to losses and then no money to pay their bills. I think forex...
I do think fifty is high cause in some trade you could only walk out with as much as twenty or ten so a good scalp of fifty is also good. Its possible to get ninety in a good long trade for a couple of hours though. I don't think you can get that in half an hour. But any pips is good and in some...
I especially like the ones that you can post for bonus. If you ran out of cash you can post for bonus and then accumulate some good earning from it. I think getting twenty cents to fifty cents is kind of good. You can get some bonus for fun. You must work really hard but you can still get some...
Its rare to be able to find a good trainer offline and in remote location its even harder. I think taking an online course or reading an ebook or youtube videos is much less of a hassle than driving around to find a course and then only to get real poor experiences from it. I can remember...
They give out lucrative deals and bonuses but beware as that might offset with other fees or high slippage or high spread and poor service and support. Also, slower liquidity and scammy tos. I would suggest to use a highly popular trusted one so you can withdraw your money. I never use anything...
Politics affects many important financial agencies and their policy but politics directly affects many other things in life like jobs, interest rate, foreign relations, gdp and such so it has a direct relation on the country's currencies as well as its neighbors so do beware of it. I mean...
I think most offline business also go into bankruptcy over lawsuits and employments problems from poor workers to poor management and so forth. A lot of companies that I know shut down or go out business due to poor management and thus low profit and then leading to closure. I think this is why...
Just be patience, take a deep breath and only open positions when you know you will gain money. I think its easy to earn so just keep working hard at it. I think a lot of time traders lose cause they open impulsive trades and then they end up having to close it to a loss so just open trade only...
There are plenty of headaches in running a business. I mean hiring staff right and then you need all the support staff, financial staff and management staff and then operational staff. There are plenty of cost and fees for running a business. They do earn good from the world of traders though so...
I think deep breath, tea, coffee, water, and ice cream can help you relax while you wait for your long trade or at least that is what I have when I trade. I guess I ran out of tea bags already but green tea is exceptional in helping your health and also help you think clearly and can help your...
You can also trade in stock. There is day trading in stocks just like in forex. You can make such profit as well but the volume in stocks is lower than forex and less benefits than forex like not 24 hours and perhaps terms and conditions are far stricter and less lucrative. So in stocks, there...
Yes, of course, also older brokers have made their money so they're not there to scam you to gain profit. New companies also are at risk of bankruptcy and closing as well. Anyone with businesses experiences will tell you that new is never good enough. I mean as a new business owner, they will...
Bad habits are formed as a result of us doing it daily so to avoid bad habits, just try to not do it daily and it will lessen over time. Its like trying to quit smoking, you have to do it slowly and try to curb it that way rather than go cold turkey at it. Its harder to go cold turkey over a bad...
You also do not get sue in forex as a business or if you develop it into a business cause its hard to sue someone in this type of businesses. In person, anyone can sue you from falling in your shop or disliking your products or out of other reasons. There are so many lawsuits offline that I'm...
I can see full time traders have a pear shape syndrome from sitting too much and might have sitting sores as well. I don't doubt it. You know you get really agitated from not moving around as your nerves are stuck in one place, so good idea to get up and walk around and do some stretching to...