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Mainly, it is the profits but then, as a Forex trader, you are always sure of a liquid market. There is no point or at any time where you wouldn't easily convert your transactions into spendable cash. That is the real benefit behind trading in Forex. I mean, it is one business that has a high...

Because Forex is a business where anyone teaches according to the strategy he understands. I mean, in Forex, there are a lot of ways to skin the cat, anyone can just treat it the way he better imagines and it makes it that which does not have any best or worst education. Whoever is learning...

I used to think same way till I read a book that the author tagged "don't think you can predict the market". Actually, he emphasized more on the possibility of big financial institutions being able to manipulate the market and make it tilt to their own favor. I see news as the major mover of...

Fundamental or technical, both forms of analysis are quite good. It depends on the one the trader is good at and understands better. Though generally, a lot of people are of the opinion that analyzing from the news is much better than when the trader analyzes using the indicators.

1:100 is always the best leverage. Though choosing leverage generally depends more on the trader's capital, it is however necessary when the trader does not look at leverage system from the angle of how much profit he will make with high leverage but from the angle of how he will lose with high...

It's already an international market with online presence and I don't know how far they patronize trading in the offline mode anymore. Forex seems to have gotten to a point where anyone that makes mention of it is talking about online trading.

One of the ways to make something good out of Forex is to remain focused and determined. Building a trading strategy or system isn't easy for the newbie, it comes with a lot of discouragements which can only be overcome when there is that determination on the part of the trader.

Yes, but I think most brokers try these days to have a team of software developers that they can call their own. I know Insta has developed a mobile trading platform for Android and I'm very sure they did this with the help of their own software engineers.

You can basically start offline. Depending on your country because I learnt that some countries accept a lot size to be 100 share units. I think countries like Indonesia has such and even if it doesn't, there are countries where $100 can buy you up to a lot. That is basically the best place to...

There are higher chances when you open more than one positions. But then, your skills will still have some great roles to play. There wouldn't be any need venturing into more openings when you cannot handle multiples of it especially when it has to deal with different pairs.

It is always a better option to go with the market trend. Of course it will be pretty difficult for the trader to trade against the trend. Following the trend gives you some better chances of profit and at the same time, minimize losses. Once you can locate the major trend, follow it.

Starting with Forex is always better when it is faced with a better knowledge. For an average trader, understanding Forex isn't so easy and in other to do this, the trader simply has to start up with the basics, this basics can be gotten from no other place rather than learning from books. It is...

It all started with the internet because it is mainly the internet that brought Forex this far. It would have been very difficult for an average individual to trade in Forex if there were no internet. I mean, that remains the base of learning as far as the business is concerned. Trading in Forex...

The much I know and have used signals, there is definitely no accurate signal. Even the paid ones cannot be guaranteed of that accuracy because they are all predictions by traders who are not perfect on their own. For one to get the best signal, it is better when he analyzes himself and take...

I am not really the EA type but I know of a couple of friends who do and I will say that the name is strange to those that I know. There are more resounding names with better review like FAP, One million dollar pips and the rest and I can always attest to the former, having seen it work for the...

When you make mention of such, the likes of George Soros comes into the mind of an average trader. There are quite a numerous number of them but it seems he was overly favoured by it. It's more like what happened in Bitcoin where some who saved it took advantage of it.

Though quite an old thread, youtradefx does. You simply have to subscribe to their signal. But then, they don't give these signals on a daily basis but most often, you have it almost correct. I have been using their signal for quite some time now and it is serving credibly well.

Well, I really know Soros as best Hedgefund manager with his firm ranked the highest when it comes to hedge fund. However, Jimmy Wong really seems strange when it comes to those who know their onus in the trading world. I know about Bill Lipschutz, Stanley Drukenmiller and the likes. Those are...

Dear, Forex can sometimes get really frustrating. If you have lost in series and huge too when you didn't make some good arrangement or expectations for it. I personally don't feel losses that much because I try to invest only that amount that I can think less of even though I lose. I don't...

As at my first couple of days with Forex, I used the unitrader. Back then, I rarely know the used of a trading platform since I will say I just wanted to do things my own way. Later on, I found MT4 ad the most user friendly. Then till now, I'm still loving it and sticking to it 100%.