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No indicator is reliable though. Not even trading with fundamental analysis and there couldn't be any that is said to bestowed trust in. However, a trader will keep testing and trying different indicators both default and custom to get that which matches his taste.

Well, not really everyone can set the Stop Loss fine and right. You just need some degree of skills to overcome that. However, a trader can as well protect his small capital when he learns how to curtail expectations. It is greed that leads to some losses. So many want to make se quick money...

There are times you just have to take whatever the market brings forth and not necessarily believe you can change the world. One thing I think happened this time is that I was expecting the gold price to soar because of the Chinese new year but it didn't that much, that is one of the things you...

Forex teaches you a lot of things and one of them is how to manage risks. Risk management is simply a good part of Forex that all traders need to learn and apply them in any other business they do. You simply have to be loss cautious for you to become successful as a trader and for you to make...

A knowledge of both forms of analysis is quite good no doubt but a newbie especially might not have to bother himself learning how to do it both ways. I'm even of the opinion that when the trader is able to understand one and cling to it, that's the best rather than combine a lot of things together.

Unless maybe, the trader wants to copy trade, there is absolutely no way he can attain success in Forex. Trading in Forex means seriousness in learning If you must do it your own way and take care of the situation. You simply have to learn how to trade.

Taking a slow and steady approach to Forex guarantees a trader one important thing and that is the fact that he makes less mistakes. One of the things that lead to a lot of failures is a lot of mistakes. A slow and steady approach to Forex tries to curtail this to a great extent.

Well, it depends on the motive of the trader even before coming into Forex in the first place. There are those who are in for the dough and anything short of that is a sheer waste of time. They really want to make money from Forex because they had it's a quick way to get the funds rolling in. A...

For now no, when I was still very new. I used to but then, because it was all credits, what I was doing was basically to keep getting it and giving it back to the broker. Each time I trade, I lose them all till when I learnt my mistakes. I only had to take corrections from my previous errors.

Sometimes I really think Forex unpredictable or speculative nature is something that arose almost recently. Some ten years ago, I used to hear about Forex when some couple of my dad's friends will come and start talking about some force majeur which affected US economy. Those things then rarely...

For me, not yet. I still have not had that hope and reliance in Forex. It still has not given me that reason to believe I can solely depend on the business for survival bit so far, it's been a business I can make some side gig and still do what I do.

The bad thing about new brokers is that they are still very green in the business and unless they have some good and strong regulators, it with be difficult to put a trust on them. The internet is a haven of scam, and a moving business like Forex has increased chances of getting people in the rope.

@tray, sure, brokers who accept bitcoin accept it with other payment processors. The heck these days is not even in accepting bitcoin as a payment system but accepting it as a trading pair but as a commodity. On the area of availability, you can get it from some big exchangers. Even one of much...

Not even only in Forex but in life endeavours. A trader can't trade without knowledge and there hardly would be a way he would attempt Forex without having a fair knowledge of his left from his right. Forex is simply a business where your knowledge rules.

In Forex, everyone always has a story to tell. The business gives everyone its good and bad side and no one would ever claim having it smooth from word go. There are increased tendency that any trader has some rough moment at some point in their trading career but the most important thing is...

Forex simply has a lot of advantages that will lure people into it. It's not just about the possibility of making some good profits but also the possibility of mixing it with other activities or businesses. Coupled with the fact that you font need to spend the whole of your money starting up...

Most tines, it is the trader that is responsible for his own losses. We tend to plot our own downfall and make things harder for us. There are still times the market compresses us and determine for us but it's something that doesn't come always. It is always necessary to get the knowledge and...

Forex is no doubt becoming much easier than what it used to be. A trader who starts learning with commitment finds it easier to learn than the way it used to be. That is mainly because a lot of people are now into the business and it means more knowledge on the part of others because they will...

I learnt how to trade online but basically, from a lot of sources. I never relied on learning from just one place. I started though with a mentor whom I later discovered he is not that serious with me, so I had to quit trying where he is. I simply found solace online and it did the rest of the job.

There is always the tendency of every one losing in Forex. However, the likelihood of this happening decreases with knowledge. A trader who has the knowledge and skills would less likely lose than the one who doesn't. Professional traders in the same vein stand a lesser chance of losing as they...