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I think one of the most important tips I have for newbie is to control your capital losses and losing a little is so much more profitable than losing a lot so do not risk high capital cause if you do lose you will lose small and you will learn from your experience. I think controlling your...

I think newbie would lose a lot before they gain money in forex. Forex is just way too risky and so I would recommend that a newbie do it part time only and focus on their day job as they can rely on their job more. I think in forex you must learn how to control your losses and risks and as a...

There are many reasons why a trader can fail. Its easy to fail. Its very easy to fail in forex. Just a simple mistake can lead to failing. Even if you are good the bad market news or weather can cause you to lose or if the broker trade against you or do weird trick to cause you to lose. So, its...

I think it will depend on the trader and his strategies. I think even in long term, the trader can still lose all of his money or get kick out of the trade. Even in short term trade, the trader can still lose significant amount of money if he does not manage his money or his trade. It will...

I don't think its possible to be a perfect trader. Trading is very difficult so we can only control losses and make some gaining but no way to become perfect. Even if you're perfect the brokers can trade against you or the bad market weather can cause you to lose so there is no way to call...

I don't think forex is very dependable and even for me when I know so much about forex and can trade good. I still can't depend on it entirely so I rather work for my money instead. I think the risks is way too high in forex. You do get lucky days but its not there all the time. I think forex is...

I think because of the nature of the high risk of forex, its a bad idea for some who do not know how to trade and not willing to learn how to trade either. Forex can be a real mistake for some people. You can lose all of your money in a couple of trades. I'm beginning to think that I would not...

You know its hard to earn in forex and for some they look at it like its gambling with their own money. Its very risky so even if you do earn some money today you might lose it all tomorrow so its not a stable job at all. Its not a stable job at all. Therefore people can rely on their day job more.

Good for you then but not many newbie can say this about the security of forex. Forex is not that secure for everyone. Its very difficult. Forex is too risky but if you have gain many years of knowledge and experiences then maybe you can make some money while the rest keep on losing. So, there...

I think buying some bitcoin is a good idea too since its rising like mad. Three years from now bitcoin could replace even mainstream currency so making it even higher in value so I'm in a hurry to put in some bitcoin investment. Also, a number of business accept bitcoin so they kind of pass the...

Sometimes just bad news can cause you to lose, or bad days in the week, or just a bad quarter or period. You do run into luck sometimes. Forex requires extensive knowledge and experiences so gambling will cause you lots of pain. Sometimes the brokers can trade against you or do evil tricks to...

You will only get into a bigger mess with loan the way I see it. Since you're losing so much with it already by lose some more by loaning and then interest plus and so on. I think if you feel like you need a loan, its time to stop and think and then take a rest and see whether you should...

I think that forex is more successful among bankers and large institutions or large businesses involved in forex rather than the average Joe so they might win big but not us. Its more like they can cause us to lose for them. However, people get misinformation all the time.

You might be right unless he's an exception trader, he can lose and become poorer so not a good idea. I think he should focus on finding a good steady job and making money and that is more important than trading since there is way too much risks in trading. I think waiting for profit as a poor...

I think we should invest only with extra money cause the risk is so high that we need the money left over to pay our important bills so I wouldn't trade if I didn't have extra money. I think trading is too risky with hard earned money. If you're a pro but I think if you invest in bitcoin, you...

Who is happier the ever gaining from your loss brokers or you? I think brokers out there play weird tricks on the traders, either by trading against us or doing weird stuff with our money or their software or snipping or high spread. I just seeing that with the above ninety percent failing rate...

I'm beginning to see that forex can become totally impossible some days. I guess you do get lucky in some days but some days, its just totally impossible. I think forex has become too hard in certain time so I guess I better focus on my job instead. How about you all? Do you find it impossible...

I'm beginning to see that forex is a bad idea for some folks and especially those that need money and can't afford to lose in such a high risk venture. What do you all think? I mean there are over ninety percent failure rates and some just lose and lose. So, I guess its time for them to pack up...

Should newbie spend more time searching for jobs instead? I think in a bad market, newbie should spend more time searching for a stable job and also learn of career that they can find work in instead of sitting at home and waiting for a good wave. That is just my view after long period of...

I think people are out there to prey on people who wants to learn the secret of forex but unfortunately the market is so volatile that even the best secrets will not work for everyone so I say that do the analysis for yourself and accordingly and forget about people who try to prey you and make...