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Thanks for the thread. I'm happy with the forex market so far. I have not lost much due to the fact that I'm very careful with my trades. But the market can be down and disappointing sometimes so it all depends on whether you can catch a good market or not. But so far so good. I have no problems...

A good topic but I think poor people should join forex. Just cause someone is poor doesn't mean he can't learn how to trade or become good at it. Just remember that every wealthy person that is famous was once somewhat broke and even living out of their car or closet and start their business in...

You can if you have experiences and know how to make profit. It takes awhile but in a good economy, it can come easily. And not so lately, I mean with the US, and the usd being so popular, it has been poorly performed lately but we can go short on it. I mean in a good market, there is a lot of...

I don't know who can do such a thing. there is no way a newbie can trade if he doesn't even know how to place a trade, or how to set all the numbers right so I think they must have psychic power in order to win some profit. I think there are some who rush and they think practicing a day is...

I think one difficult thing for me is to get a life aside from watching the market. Well, I do not have a lot of time so this makes it even worse. I will spend all of my free time watching the market. Now, that is very difficult for me to get away from forex. I mean I can go out but that means...

Sometimes, I feel like I'm the way the market is and if the market is good I'll be good and if its bad I'll be bad so I don't know if that is healthy or not but I'm trying hard to take deep breaths and do my best to not get bother by a bad market but lately there is plenty of bad performances. I...

I'm definitely a part time trader for now due to my busy schedule. I don't have time to trade full time but maybe in the far future I might have more time to do that. I think forex in this kind of economy is kind of weak anyways. Recently, I've seen some really poor performance on some classic...

I guess as a newbie you should do low profit and low risks. This is to help you prevent high losses as forex is very risky and you can lose large amount in forex. Also, if you risk high, you might lose and not have money to trade again so its better to gain experiences while you trade low as a...

Well, I guess if you're losing then you should not introduce them to your family since now you will have many victims. I guess some people are not mean to do forex just like those are the ones who could not learn to play a game of blackjack and win at it. So therefore, its best that they don't...

The Euro can be really strong at times and not really strong during bad news release so recently I have seen it not performing against usd sometimes and I have had bad days with it so its not always strong so we have to keep up to news to see how the Euro is affected but its strong most of the...

Or because they teach forex, there will be more gamblers in forex or those who do not want to do anything else but trade and lose a lot of money cause they're impulsive, greedy and lazy and just want to trade so in a way it could be unhealthy or forex is a double edge sword, hurt a bad trader...

I think having higher equity can lead to higher profit but also losses so trading iwth modes amount and then keeping some of your profit is part of money management so at least you won't get greedy and throw all of your money in the table. I think keeping some of your profit is a good way to...

You can trade during market opening as that will give you more chance to gain more pips per trade and two overlapping is even more ideal since the volume of traders will be higher and thus more profits. You should also trade during good market, keep up with news and avoid bad market time since...

There are impulsive gamblers in forex as well and not all traders are well trained interested in the profession. I mean you can look at gambling and see that most gamblers put down tons of money when they can't even play a game of blackjack so that is to tell you that most people do not care...

I know that its smart to put some in real estate, long term stocks, bonds, fixed income securities and business of your own. I would not just sit there and trade even though trading gives off more profit than stocks but its also just as risky. I would like to put my money in non risky investment...

It will all depends on the market too. In a bad market, most traders will steer clear of it and try to earn little. To avoid large losses so in a bad day, they will earn half as less as they are used too. I earn half as less in bad news market like recently. I usually can earn a decent profit...

We will face such a thing since the market is so unpredictable and even psychic can't even tell how it will turn out to be so we must then choose to limit our losses and improve earning. This way we can offset the two. When we increase earning we also cover for our losses before and afterward so...

There is no other business that you can start with zero dollar and free bonuses and posting for bonuses and deposit for bonuses and then earn as much as you want too. This is too good to be true. So the forex market is almost like a dream come true for most people. We have 24 ours to do it so...

I rather copy traders than do pamm. I think putting someone in control of your hard earned money is not the best way to go at it. I rather invest in long term stocks, bonds, and any fixed income rather than pamm since they're less risky and no fraud but in pamm, the managers can have bad days or...

There is nothing out there that can stop you from dreaming cause dreams are just dreams and they can come true or not come true, but all will be dependent upon you. You decide if you're that millionaire or not. You can make your dream come true. No dreams are ever too big in this life. If you...