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Forex can be easy if you have been trading for many years and invest a lot of time into learning and practicing. I think forex is easier than other jobs. Forex can be simple once you really figure it out. Its even easier to figure out than some gambling games. To a certain degree, you will get...

News or bad news is very scary to long term trader. Just in case they didn't have enough equity to cover dipping, they will be wipe out or taking out of trades if they use sl so they could be losing all the time due to bad news. Every trader should have news send to their emails, facebook and so...

Forex is a great hobby as of right now for me. I don't take it that seriously just yet cause the market is bad sometimes so some days I have no hope at all. But some weeks are really swelling though. I make a good profit in some weeks while other weeks are just depressing. I like the financial...

You should have cut it loose before it got to that point. So, if a trade is like five pips and below what I bought, I would really reconsider staying in it for the long term. I mean it will take like an hour or more for it to bounce back and it does sometimes but it takes a long time. There is...

Euro looks like its so strong against most other currencies all the time. I guess we can find our haven in euro. I've had many luck with it and I'm certain that most traders trade euro against others currencies. I like it against usd, yen, cad, aud. I think it gives me good trend to profit form...

If pamm was good we would all be happy so we don't have to try hard to trade and managers would trade successfully every time. I think pamm managers have better skills then some of us but I still do not trust the process at all. There are potential for scams or under-performance. Any time that...

Individual that do not have high capital can't do it but investment firms and pamm managers might be able to do it since they managed money in the millions so they should be able to make one million out of one hundred million right. I think its very hard for an individual person to do it but for...

I know one bad thing is that we all need money to pay our bills so actually putting it down is so hurtful. I rather pay my bills and have no extra profit then lose my money and I needed it for paying bills. I think there are many risks associated with forex so those are the pitfalls of trading...

I trade some more to recover it but probably not right away. I mean there are so many trading opp so if you lose one just move on to another one and make sure that its a good one. If you're able to earn on the next trade then why not. We're not able to profit ten out of ten times so just get...

Forums and website can be so much fun and interesting for the owner but hard to make a living out of it though. I mean there are so many forums that have closed off due to lack of profit like redlr or a dozen of other forums we know of in the past. They're all gone now. You can try but it can...

I surely love the 24 hours aspect of it. I can trade after work. I can trade when I get bored and have nothing to do. I can trade right from home. Its a private business and no one can sue me or assault me or steal from me. Its easy to do from a click of a mouse. I do not have a boss. I can earn...

All newbie must use demo to learn the trading platform. How will you know how to open trade and how to set sl or tp and such. How will you know how to read charts and learn trends? All traders have to start from a demo unless they were born with a demo embedded in them. Its the first step to...

I know many people who have desk jobs have pear shape syndrome and snap syndrome cause all of their nerves are jammed up most of the time from siting in one place, and no calories burned so make sure you get out and stretch and get fresh air and then work out so you don't snap at everyone that...

We have to give it time in forex. Forex is good in profit but definitely not get rich overnight sort of deal. I've heard one trade won a million one day and lost that much the next day so forex carries a lot of risks so we might have to keep steady and slow at it. Eventually we will make some...

I mean why would anyone pay for a bot when they can trade with so much more efficiency. You can use that money to buy the bot to deposit and trade. I think some signals service is helpful but I prefer to trade manually or copy trade but will not use bots. Bots do not use fundamentals and they...

Bad habits can be curb, just acknowledge them like an alcoholic would acknowledge his problems and then move on from there. Ok, something like this, I fx trader open way too many impulsive trades and then risk high leverage and lost one k today and have no money to pay my baby's milk bills. I do...

As serious traders, who risk high leverage, we must follow news daily. Have it send to your emails or follow them on twitter or fb cause you need to know it or have it send to your phones. I mean having it available quickly can save you a lot of time and help you trade so much better. I mean...

I think the difference is the pressure and the fear in a real trading account versus the demo. In a demo, you have high capital right. Like one hundred k. You're not going to have that high of a capital to play with in a real account. the most is like one k or ten k cause its dependent upon your...

Does this involve pamm and managed funds? I'm sure those account for huge losses as well. I mean a trader might lose a hundred dollar and no biggie but some rich people put like hundred of thousands in pamm and they actually think those managers can double or triple their money and its more like...

If you trade without analysis then you're gambling but some do gamble with their money as long as they can afford to. I wouldn't do it though. I mean when someone puts down one hundred dollars they are going to do some steep analysis so no doubt we all think whether its just a little or a lot...