I think some days its very easy to make profit so I also like that part about forex. Some days you will see nothing but opp to make money while other days are just misery but forex will have its spirals every week but there will always be time for you to make money. You can make money any time...
Forex is always great since there is no initial capital demands like any other business and you can literally start with one dollar so no other business will allow you to do this. However, in forex, you can literally start with a very low amount of capital and leverage comes easy whereas its...
I must point out this thing cause not everyone has the same IQ and also not in risky things like forex. Certain people are not made for risky things like forex and certain people can never do good at things like forex and taking risks and then trying to predict so its not for everyone. They...
I really do want to rely on it but so far its just a little fun and nothing too serious though. I do take my career by far more seriously and I can depend on it monthly to pay off all of my obligation but forex is just finger nails biting right now. I do not depend on it entirely for a living...
I trade for profit and enjoyment. I do enjoy all financial things so I do enjoy forex a lot. I'm into stocks but love the quick nature of forex. In stocks you have to wait like ten years to see huge differences but in forex its more like ten minutes so forex has many advantages. This is why I...
If you use high capital and leverage then you must use sl to prevent large losses and for long term trades obviously. I would not go without it and its like going on the freeway with no brakes. You need your brakes alright. In long term trades, it will protect you a lot. You can set it at any...
FXCM released data showing that over eighty percent of their clients lose money at their business so that is to say most do lose money and not gain so if they say that over eighty percent will gain then they're lying. There are many that lose in forex so all traders must know that and must...
I think if we take and calculate of partying money, we will all be wealthy. I know my firends party like at least five k a month so I guess if they give me that amount I can double or triple it for them but then they complaint of being broke right afterward. I think young people need to think...
I think I like to invest that in Walmart stocks more and it seems more sure than trading but I'm a trader so I got to try to trade but its just a hypothetical questions though. I rarely trade in large amounts anyways. I only trade up to one hundred dollars and that is the cap. However, I find it...
I guess I like the no boss status part of it. I also like the pajamas ability of the job as well. I also like the unlimited earning potential as well. You can trade all day if you have the money and you can really build on wealth. Anyone can do it from home and even your pets can learn how to...
I think we all need to be aware of high impact news as I can see how it devastated my predictions. Even if the best pairs have been performing for you, during bad news, it will reverse like a storm and it will not help so watch out for that. As long as you know what is going on to your current...
I think a lot of classes are there as a business and not really dedicated to make you rich. They will not share their best secrets or else there will be no more people in business. So this is why its best that we rely on ourselves to learn and to be better. If you know how to tread you can...
I'm not using it due to the fact that I don't trust managers to manage my funds and also they do not care cause its not their money. I've also heard of horrid stories about managers so that is why I don't use it and don't recommend it either cause its just too fishy. I can trade for myself and...
I think the word losing is a nightmare to all traders. We all never want to lose of course. Tell me one person that wants to lose or is happy to lose but its a great learning experience. Maybe from it that you will never make that mistake ever again. In your career as a trader you will encounter...
I take the demo seriously so I think all newbie should take it seriously too. Its a stepping stone to trading forex successfully in the future. You will trade with so much more success and efficiency after you have practiced for long hours in a demo. How can you trade if you have no knowledge of...
To plant seed is not such a bad idea, there are so many things you can do with forex and not just trading alone so it could be a good thing if they live in a country where they would benefit from forex. I think they can copy trade, do businesses beside trading with forex. they might even get...
When you open up a lecture and you tell students, hey, there are over 90% failure in this topic but I'm going to lecture anyways is kind of daunting. I think colleges have a lot of responsibilities to people and teaching them to a trade that might make them go homeless is not easy. I think...
In this day and age, gas cost a fortune, its best just to be able to work right from home and right online too. Especially for folks with family, they can really find such opp a dream come true like stay at home dad or moms. I can see this is why a lot of people like to do it full time. I rather...
I have some faith in forex but when compared to my career, my career is more trustworthy. Some day, you can't even stand looking at the trends cause its so hard to earn and its so poor some days. I think forex has its time and its good part time but for now I'm not putting all of my time in...
I think a lot of people I know party a lot with all of their funds and then ended up being broke over it but they could have use that money wisely and like buy Walmart stocks or something like that. I think young people need to think about investment more and then stop throwing their money out...