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I thought this payment system is not that serious with business which of course must have made them less popular and becoming hard to find an online earning platform that accepts them. I guess I was wrong when I got an email from them about some list of services which include the introduction of...

@barood4money, that could be a perfect definition of what a Demo account is supposed to be like but the problem is that some newbies rarely see it that way. They allow that their desire to make profit take away what they should know about trading in the Demo account and the way to practice with...

You might be right since webmoney has that record of blameless from hacking and even sending of those phishing mail things isn't so common in the webmoney system even though you can see the receiver's email address after sending some funds. It doesn't also mean the user shouldn't play his own...

I might agree with some of the points you have outlined but when it comes to being easy, I don't see Forex as so. It is not as easy as some portray it to be because this is as well one of the businesses you can lose your money as though you are losing it to gambling. It is a nice business, fine...

Since the price of bitcoin is decreasing by the day, I'm sure it's not everyone that would be poised to deposit with it because of the continous drop in value. A lot of people had thought it would skyrocket in the near future but from the way it's going, I doubt that possibility again.

1:3 is too low even though gold trading already requires higher capital. While you are trying to be cautious, it is also wise to consider the potentials of profit. In the same vein, I wouldn't go for up to 1:400 because I consider it as being on a high side as well but anything between...

I have also thought about this and came to the conclusion that most likely, the regulatory body might have something to do with this. Who knows, there might be strict laws from some regulators for brokers who allow scalping and that could make the brokers to decline from it and offer other...

It depends on how accurate your stop loss is. Long term trades generally needs a lot of care for stop loss setting because of the duration of the position. However, when he takes care of this, there is the tendency that he wouldn't experience a lot of losses due to accurate setting so it depends...

Well, losing more in a longer term would depend on the trader and the SL he set but at the same time, short term trading wouldn't favor the newbie any better because trading Forex in short term has its own risk of the newbie finding it difficult to analyze in a short time frame or with the...

Because Forex is not like a fixed job with a fixed salary, there cannot be a fixed monthly income too. A trader wouldn't expect to have one and the same amount of profit because Forex is still like any other business where the trader sets a range of profit and takes stock of it at the end of the...

Those that doubt it have their own fears and it centers around the fact with the Demo account, some would feel less serious and treat it as though it is not worth anything. Trading in the Demo account doesn't mean anything to certain traders and they rarely take it serious trading in this type...

A beginner needs to practice more and it is at this point that he must choose the best pair and session for himself. In that early stage of learning, there is the need for him to remain active in the business and trade more often. It also strengthens the knowledge he may have about the business...

Gold is one of the closest commodities to currency. However, the major hindrance on this is the fact that it requires higher capital more than trading in currency. I would be one of those that would trade in Gold if I have the capital and would hold my position for a very long time. This is...

Forex as a business goes beyond the usual money or profit we want to make out of it up to the stage or level of being a business which provides a base for foreign exchange transaction. In as much as it is a business for some retail traders, there are also those like banks who use the rates for...

@orni, that is it. Online businesses offer so much flexibility that offline ones wouldn't. There is the convenience of trading from anywhere and at anytime too which is what sets it apart from other businesses. Why Forex tends to take the lead among online businesses is that it offers you a...

No one owns the Forex market and no single person can control the movement in it. It is therefore best to are it as a business that you can lose from and can make profit from. Being too confident is bad and at the same time, being too resilient is bad too so the trader has to judge that which is...

PAMM could be good and bad as it depends more on the manager himself. That is why it is more than necessary to consider the manager's previous performance and records. I see some brokers which allow even those who just registered with them to operate PAMM.

Forex can naturally but a trader who lacks focus into confusion of where to start. Even though the theoretical part is almost unimportant to a lot of people considering the practical nature of the business, I still think it is the best place to start especially when it comes to the right choose...

One of the secrets of Forex also lies in not giving up. The trader can make profit from the business but in a longer run if he is able to persevere. Since making profit isn't automatic or something that comes because we wish, it is that which we have to endure through the rough times.

There are Cyprus based brokers who are still vvery good ones and reliable for years. What I think is that even though their main office might be based in Cyprus and may be they were also regulated by CySec, they also have annex offices in so many other countries too.