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@gkintl your points are good. Those things affect so any traders in the forex market and will make them to lose focus. It is mostly the newbie traders that suffer from these types of things. It is good that any trader will be learning how to control his or her psychology.

@kaiceaziz, forex will behave like that some times. Some of the newbie traders will earn money by luck and they will think that forex is easy, that money that they have made will go away in their next trade. That is why it is important that the traders should get the knowledge first and not have...

I'm sure that if a newbie tries to learn, he or she can trade in any time frame. The important thing is that he or she is trading with knowledge. Be it a short time frame or a long time frame, he or she can make it in any of them when the knowledge is there.

I prefer to seek online resources. They are free and you can get valuable information from them. People used to say that there is no quality thing in free materials but that is a lie. People who produce these free materials are people that have been trading for long and they want a means to...

I think long term will be better to take profit. Long term trading will be the best form of trading for the newbie traders because they can hold their position for long more than in short term. I'm sure they will try to understand the forex well if they start with long term more than short term.

We can not be perfect in forex. Perfect traders will not have to lose. But in forex, every body lose. Any trader who is thinking that if he or she is in forex, that he or she will be working not to lose any of the trades from month to month, then it is not possible.

People will be joining forex because they want to earn money. Forex is a good business to go into if the trader is having the knowledge. You can depend on it for your income when you know how to trade and that is why people all over the world are seeking to take part in forex.

A newbie trader can not know how long it will take he or she to be making profit till he or she is able to try to trade in the demo account and know how to trade there. After practicing there, he or she can try the live account with small amount of money to see if there is a control on emotions

I agree with you. The principal reason traders will fail is lack of trading knowledge. If the trader is having good forex knowledge and is trying to trade with risk management, he or she shouldn't fail. Loses can come sometimes but not consistently without making profit.

Any body that is thinking forex is a bad idea will not be able to trade. They will not be seeing any good thing in forex. For my parents and my brothers, forex is a bad thing that we should not go to for an investment. But for me, it is not that bad unless you want to make it bad for your self.

@Decub if a trader is not being able to control his or her greed, he or she should try losing. I'm sure if you lose, you will learn to trade without greed. Whereas some people are greedy by nature, forex will teach them how to reduce it.

@Decub I agree with you. When a trader checks his or her time to trade. He or she will be able to know if he or she will be giving more time to forex. I am sure any body can make the money he or she wants as part time traders too. Depending on your type of trading and capital, the time you spend...

If they don't allow me to cash out fast and quick as I want but they allow me cash out, I will still be trading with that broker. I can give a broker three business days to clear my request but I get it in less number of days.

I think the same way like you think. I think forex will save you from office embarrassment. I am sure traders don't complain about brokers embarrassing them. When you are trading in forex, you run away from so many ills that workers see.

@UMOFX AIR I like to trade in volatile market. What I think is that the trader should know when he or she can trade well. He or she can choose the days that will be better for him or her. Whereas some people think that a volatile market is risky, it is the time to make profit.

Trading on news is very good and a trader that is a fundamental trader will increase the chances of profiting when he or she trades with news. The important thing there is to know the type of news that will have a high impact on the market. Traders who trade around news time should be able to...

I am sure the new traders will be needing this indicators more. I am sure trading with the help of indicators will be easier for them to analyze their trade. Whereas it is good for every trader to use, the newbie traders will make use of it more.

@sindarin I agree with you. You can learn how to discipline your self in forex. If you trade in forex without discipline, you will be losing easily because your emotion will be controlling you all the time. Forex teaches a trader how to be disciplined.

If he trader has experience in trading with different pairs, he or she can do it because it will bring more chances of profiting. But if the trader is not having much experience, better stick with one pair that he or she knows fine and the session it excels.

Trading in the demo account is important for the newbie trader to follow so that he or she will not be taking the risk of trying to trade in the real account when he or she is still learning. It is better to trade in a platform that is using virtual currency and that is why demo account is...