Yes. It is true. In our country if anybody is earning daily 10 bucks, then is superior from others. Because from a job here average people earns 4-5 bucks daily. We can buy a good jeans at 12 bucks.
Yes, your point is right. But as the computer literacy will increase then that persons who were using offline pattern may turn around to online system after understanding the advantages of online system.
It is not so easy for everyone, as budado has described. Without any knowledge about forex trading, your money can be destroy. If you have a good knowledge about forex trading, then you can expect daily 1 buck profit.
Well, for me 10 bucks a day is too high profit. I have targeted for 20 buck a day. Because earning 20 bucks a day in our country is becoming rich quickly.
Internet marketing and forex trading is totally different thing. At internet marketing you are advertising your product or service for sell. But at forex trading you are buying or selling currencies.
See, it is a personal opinion that you want to take forex trading as side income. I am also involved with forex trading as part time basis. But not everyone is involved as part time basis. There are many traders who are trading as full time basis.
By the way, forex is not a forum. It is a place where you can buy or sell other foreign currencies. And forex trading cannot make anybody rich within no time. For that you need knowledge and skills.
If any person understands and gives full dedication and concentration towards forex trading, then definitely his o her life changes. I am earning quite good and can give my time to my family.
Sometimes experienced traders also make some mistake. Maybe because of stress, overconfidence, wrong strategy or whatever the reason be, that cause them loss. But it happens very less.
It is true that the way of confidence takes you to towards the success, but the way of overconfidence always takes you towards failure. So every trader should never be overconfident while trading. Because it will cause loss of your money.
I agree with you. It is very easy to get involved into bad habit. But it is very very difficult to get rid of that bad habit. And as we are involved with forex trading to earn, it is quite difficult to control some emotions.
At forex trading income depends on the trade. It can be hourly, daily, weekly, monthly or any period. Whenever you complete a trade, you get the result and the money if you earn profit. And for the newbies, it is quite difficult to get good earnings.
It is very difficult to control your emotions when the trade is going at loss. Sometimes an experienced traders face loss because of this difficulty. If it is controlled then we can minimize the chance of suffering from loss.
Always remember that brokers will give advise as per their business benefits, not just for your benefits. So before executing the advice taken from the brokers, you should review and think about it.
It is true that students and businessman both are different in their aspects. But it is wrong that a businessman can do forex trading easily because they have trading experience. Forex trading is totally different from the normal trading. Forex needs different knowledge for trading.
As demo account is the replica of real account, we can get all the facilities at demo account, what we can get at real account. Except that we will not get any earning. So we can practice at demo account as much we want.
Actually to me this two reason is known. But i think there must be some other reasons also. But still, I love scalping sometimes. I do it sometimes for experimenting.
Not only at starting, we can use demo account anytime we want. I still use demo account when it is necessary to experiment with indicators or templates. It helps me to learn.
Yes, that is true. More we give concentration and dedication to learning, more we will be capable of earning at forex trading. And you can earn as per your comfortable time.
I absolutely agree with you. As we are programming the bots, it will be very difficult to realize the mistake if any loss happens. Because if we hon't have the idea about trading skills, then how can we evaluate the mistake.