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I'm really excited seeing this payment system accept my country even though we've not been allowed to receive funds. At least, I can comfortably buy from online stores with my CC through PayPal which is one of the reasons I have always wanted it.

Dispute resolution is quite fine but what I feel a lot of people are against is the way Payza goes about it. I don't think I have seen a lot of people that come out to defend Payza when it comes to their dispute features and it goes a long way meaning that there is really something not fine...

It is not also mainly about following news but about understanding the news and it's movement. High impact news produce very high movement and can as well produce more effect on the trader's position. If not well managed, can lead to losses.

That is it, practical experience is always the best. Since all brokers offer free Demo trading account for all category of traders. It doesn't cost much for you to try the Demo and see mainly how fast the time of execution is. You can also test certain services like customer service, make little...

If we face it like that, then we would rightfully say that if a country goes bankrupt, then it will affect all firms, establishment and companies operating in the country be it foreign or local which I don't think is so. Most good brokers have offices and base of operation in more than one...

I really might not agree with that because a poker player has a different mindset. Forex isn't a place you put huge hopes of winning huge in it which is the real characteristics. I think poker players will always hit MC too soon because of greed to make more profit from Forex.

Well, I think etoro has made non traders to trade. AFAIK, that's the concept because you really don't need to even know anything about Forex to copy. Even as an investor only but has the time to play around can decide to copy rather than do PAMM.

That is rather much if you ask me. It really doesn't lie in the number of position you open daily, rather in the number of successful trades you execute. Making money in Forex doesn't come true by stressing or increasing the level of stress by yourself, rather, by having a working trading system.

The leverage of between 1:100-1:200 is what I find best if the trader doesn't want to risk much of his trade. You stand on a better chance to protect your capital by going for a lower leverage than when you risk it too high. What it means is that your leverage determines your degree of losses...

Yes, because they don't have that much liquidity, it is better to trade in them in a longer term. These pairs could as well be much more profitable than trading even the fast moving pairs but most traders would find it difficult understanding it.

Each broker has the trading platform he finds best and of which he will suit in well. More often, most trader's prefer the MT4 because of it's ease of use. Also, I have observed about two brokers who try to intice traders by offering a bonus for using a particular platform. Currently, roboforex...

A beginner's need so far as Forex is concerned is to concentrate on learning. Provided he has the time, there is no need to select a favourable day or not because he needs to even observe the different market days and know that which he can fit in best and make out something from it.

Different traders found different things difficult in Forex. There are traders who had it rough analyzing the market and that led them to wrong timing. Forex requires more of your consistency in learning and your ability not to give up in any way while learning.

It's a matter of choice of the trader. Even though options is riskier than Forex, there are still so many people who prefer it. For the fact that it doesn't need much time for you to either make profit or loss from it. Moreover, the profit margin is higher than that of Forex.

Honestly, there are no difference in them, them only thing we have as difference is emotion or say, individual approach to it. The Demo account is basically the same thing with the real account. Traders only feel the difference because the Demo uses a virtual currency and so, they feel more...

Forex itself has a degree of mental stress but this stress could be hightened or reduced depending on the trader himself and what target he sets for himself. I have always seen Forex as a place you really don't need to keep bugging yourself with high expectations, rather with a slow and steady...

And as well, enlightenment. It is very vital for any potential trader to see Forex from the angle of knowing it first and the way it works before anything else. With a good knowledge of how Forex works, you know a better way to handle it.

Well, since the internet has given us everything from the comfort of our home, it is then wiser to see Forex as a place where we should learn from the available sources on the internet rather than hope for some kinda assistance.

@anosocialnet, that is the reason why some of us are still traders. I really wonder how many people would have had anything to do with Forex, most especially the poor traders that can't afford to lose their money to Forex in the learning stage.

I think someone who targets and makes 10% of his capital every month isn't a bad one. That which the person really has to consider is a way to grow his capital so he could have more profit with less risks.