Search results

Sometimes I really think Forex would have been difficult for traders to trade in. I mean poor traders to earn well from Forex if not for the leverage system. It is like a system that gives poor traders a chance to belong to the Forex trading community or be called Forex traders.

In Forex, the starting point is always the most difficult part of it. That however, doesn't mean it's the way the difficulty will continue as it tends to soften with time. This is usually the point where the trader needs the most of motivation and confidence to remain in Forex.

A way of winning huge profits also lies on our skills and strategies. A trader who is skillful enough can always make more money from Forex more than an unskillful one because he understands the strategies he can employ to take advantage of the market.

Requires also that the trader understands the factors that move the market. When trading with the news, there is always the need to time yourself to ensure you go in at the right time. Earning in Forex is all about timing. A good market timing gives you the best entry and exit point and for the...

It really depends on your level of knowledge. It's only a successful trader that can see Forex as such because the business is such that provides you what you need only and only if you have the knowledge. We can basically say that knowledge is that which rules and that which makes a successful...

I think the deal is this, what we don't really know is if what they used to do as inter country transaction or trading in gold for currencies could be termed as Forex because that's basically how it started. Not even talking of the trade of resources for another natural resources back then.

Also, the benefit include that he is able to control his time himself. We can see these days that telecommuting jobs are on the increase and most people would want to be their own boss. This simple wish leads one to Forex because it is one of those rare internet business you do without...

We can basically accept professional traders as those who make more profits than losses. They are just those who have more successful trades than the ones they lose by great margin. I think the number of times a trader was able to win his trades is that which differentiates him from the average...

It's mainly like what it means in the literal sense of it. When the trader is able to successfully close a trade and ride on profit, it means he has had a successful trade. Trading successfully mean the trader had no loss rather gained profit or as some would say, won the trade.

@sindarin but you know, most/some brokers don't have their base in one country and each country have their own financial department which is of course responsible to the head quarters. In that case, I rarely think it will have any effect because the incidence of one of the countries would rarely...

Concentration of investment is on its own a bad way to invest. You don't really test the depth of a river with both legs because there is always the tendency that you will sink. I think most times the real deal is on understanding the credibility of the investment. Most investors would like to...

I think I have met the said admin in one of the forums actively posting and I also think that if he claims to have such funds to run a forum or even the mod of a Forex forum, he wouldn't have ran the forum or hosted it on a free script and he also wouldn't have been posting for same credit.

Most times it still depends on the angle the trader sees it from. Forex is also not that difficult to learn If there is commitment. Where the problem is or what makes it hard is when the trader is always thinking of ways to learn fast that he takes the wrong path which leads him to failure.

Fear is always the biggest challenge of newbies. They are the ones who are always engulfed with it for the simple fact that they are quite green in the business makes them become victims of losses. It is understandable from the angle that they have their investment anchored in a business where...

A good broker shouldn't have so many bad reviews when it comes to what people are saying about the broker. It doesn't make the broker a good one for a lot of people to be complaining about them. There are brokers that are quite popular but their popularity increases more on the bad side rather...

Sure, be it from losses or profit, our own experience helps us to shape the future of trading and to make our career a better one. We simply can't trade in Forex very well If we lack that trading knowledge and we would always find it difficult making money without the trading experience. They...

I've always had it rough setting my Stops. That has been a challenge to me and the first time I did, I wish I never did because I was so full of myself and thought I was on the right track, not till I was able to lose huge capital. It made me rush back time the Demo to learn my lessons.

That is just it and that is the same way I think too. But then, the MT5 might still remain the way it is in terms of popularity even in 2 years time. As more and more people get clung to the MT4, more that are coming seem to follow suite. Perhaps when there is an exceptional tool in the new...

I think the advent of web trading platform has almost phased out. What everyone is into now is the use of trading platform which keeps you informed and updated to news and happenings around. This to a great extent makes it easier for traders to access their terminal both from PC and mobile.

Forums? Well I don't know but I know I received a mail recently from Mayzus about the free robot stuff but wasn't that interested since I'm not the robot type. I have also heard IAFT is offering something very close to that and I think theirs is still operational and still in place.