I agree with you. If people don't think timing is important then when they trade on Friday around 2pm, they will know why timing is so important. When you try to open trade when everyone is closing their trade and the prices are dropping significantly then you're doing noting but losing. Try to...
I'm beginning to have less and less time so I'm thinking of copying traders on Etoro or Zulu. I do make good income and do know how to trade but I hit the bad market sometimes like lately with the US white house shut down some pairs are not performing so it has been hard lately. But I do not...
Yes, of course, fear is a basic instinctive human emotion, and there is no way to get rid of it complete. Even if our trade is going well, we will always have fear and we have to make sure that we end up with some profit instead of losing so our eyes are big and our adrenaline is running until...
There isn't a lot of scams in forex so I don't see why brokers can't use paypal. There are scams in hyips. But I don't see any reason why someone can't deposit money via paypal to trade on the forex market. The forex market is a very legit kind of business like stock trading, very reputable and...
So far so good with Payza, I made a successful transfer the other day. Payza had no problems so far for me. I like to use them just like I like paypal. However, I was angry the other day I got a scam emails from a hacker for payza service and I thought it was real since it seems so real. I...
I guess you can say that if people think the same regarding LR, then no forums would be short of cash now. We all must take precaution in using these online processors cause they can be taking down, involve in scams and so on, and that can affect us. Also, recently, a major drugs dealer was...
I also suggest newbie to catch up on news daily as that will change the market daily also. If you forgot to catch up on news and you buy a pairs that is not in demand or most traders will not trade then you're in deep trouble as it will not be profitable and it will not give you good volumes to...
I think we should blame the broker or the politicians for giving out bad news as a result of bad work by them. I mean the US is in so much debt that the recent news just scared all the traders and volumes was kind of poor compared to pre-capitol hill shut down. Euro/usd wasn't as good as before...
For me, I'm not that impressed wit paid courses as the content is what you can get for free all over the net. With the availability of Youtube and the net, no one has to pay to read or watch anything cause there are way too many free resources out there. I think they're just repeating the...
I guess working hard will help you become better in anything out there really. I guess newbie can use the weekend to study further. They can read pro articles, read forums, formulate news strategies. They can practice more in a demo. There are many things to do on the weekends but they should do...
There are some losses in forex even to the best trader with many skills. Maybe you forgot to set stop loss while you went to sleep or you trade during bad news days, and the market just behave in unpredictable ways that cause you to lose but it doesn't mean that you will lose all the time or win...
Why would you want to risk your hard earned money if you have no knowledge anyways. You should not begin trading until you now the basics and how to move around in the market. I don't recommend trading without knowing. But I don't doubt that there are people out there who will trade without much...
I think as a newbie gain more experiences, they can then scalp more easily. I mean its about knowing when to enter and when to exit the trade or how to make it profitable trade that is hard for them. I mean if you look away or take off from your pc screen, you can run into a loss right away if...
Even if you're perfect in knowledge and skills, the market can still make you lose easily. The market does not conform to any trader in any kind of way so sometimes, you're conforming to forex market more than it conform to you. You can only learn to avoid large risks and scalp when you see...
This is the first time I've read about religion and forex trading or binary option. I think that trying to make a living should be separate from your religion. Since God does not give you a bank account, he should not condemn you for trying to support yourself if you are good at a certain thing...
I think the best way to earn in forex is to gain proper knowledge, practice, experiences, patience and then you can earn daily. Its easy to earn as long as you have proper knowledge, patience and experiences. Money will come your way. I'm able to open good trades most of the time so I have the...
I too agree that forex is very tiring business. Its very intense for me. I mean waiting to scalp some profit and then having it slide down so quickly is too stressful and then you even get more bummed out as you're losing money. I get a big sweat trading sometimes so that is why I counterbalance...
It can be if you have the capital to start trading and you open many traders and they are mostly winning traders or that you are a good trader and you make a lot of money trading. You can do well and maybe only have to work part time and still have some money to pa your bills. I don't see why...
It also depends on the lot that you are using. If you're using a lower lot, you can use higher leverage as its not that much capital. However, if you're using high lot, its wise to use only up to 500 cause too much can be high risk. The market can be really unpredictable at times even in long...
Yes, I think that there are a lot of earning opp in forex. So, in a way its a money factory for the right trader but that trader has to know how to take those opp. Not every trader will know how to make good money in forex. Only some will know how to do it well. If you want to take advantage of...