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Wow I never knew that forex is all about probability. I never thought it this way. Well thanks for the information. I will apply this immediately.

Well what else can you do but put yourself together and start again or continue. Life is for those who don't give up, no matter what they face. Same with forex, when you make losses, it is not the end of the world, stand up and continue.

In forex trading there tend to be tension when trading but that is where you have to work on your emotion so that it doesn't get to you especially when you're loosing a trade.

It is true that you don't use the same for different market conditions. Each market condition requires a strategy which may not be the same for other market conditions. That is where knowledge comes in. With knowledge, you know what to do at different point.

Everyone who has knowledge of forex can trade in forex market. Forex is not for a novice or else you will loose your investment. So first things first, get knowledge through studying forex materials.

I don't have the time to focus only on forex. I do other things while trading. I look at chart, news and also play music while trading and its really beautiful.

I only invest with one broker and open demo account with other brokers for practice purpose. Most times I give more attention to the account which I invested in.

Yes I am happy to choose forex as a part time business. It gives me the opportunity to study and learn better skills on how to execute trades.

These information can easily be gotten from major broker websites and major site that deal on forex training. The basic thing in buying and selling is to buy when you predict that price will go up and sell when you predict that price will fall.

As a new trader your expectations are quite high. You want to start making money immediately without even getting all the required knowledge. To trade forex, cannot be overemphasised. It is the most important before profiting.

Here are some reasons why it is highly recommended for you to practice with a demo account: Learn and experiment with play money A demo account mimics the actual market in real time and allows you to use play money. This gives you space to try out a number of techniques, without fear of losing...

Once you studied, gained knowledge, experience, skills and strategy in trading, then you can boldly say- it easy to earn in forex. But prior to that you have to work hard and put in more effort to be able to profit in forex trading.

It is not analysis of the markets alone that allows a forex trader to become successful, it is the psychology of a trader. By overcoming psychological influences, such as fear and greed, a trader has a better chance of being successful. A trader must stick to the rules of their system and not...

Most definitely, you will loose money if you don't have knowledge of forex. Forex trading is for those who are trained and experienced. It is better to get knowledge or you may end up having losses in your trades.

Risk management is a core concept that protects your trading capital from losing trades. It should be part of your trading strategy immediately when you begin your trading career. Risk management encompasses concepts like stop losses, scaling in and out of trades, and risk to reward...

Forex trading actually is not a get rich quick business. It is a business that requires knowledge, experience, skills, strategy and discipline. If you are not willing to get knowledge, then it means that you don't want to make profit.

If you have ever travelled to a foreign country, you may have needed to exchange your money for a different currency. If so, you have already participated in forex trading. “Forex” is the short form of foreign exchange. It can also be referred to as “FX” and currency exchange.

Of course technology has made forex trading easy. Today anyone from any part of the world can trade forex from the comfort of their homes or offices. It can even be traded on the go with mobile devices.

Here are some reasons why it is highly recommended for you to practice with a demo account: Learn and experiment with play money A demo account mimics the actual market in real time and allows you to use play money. This gives you space to try out a number of techniques, without fear of losing...

Yes I agree with you. Forex is a good part time job which is an added advantage. It can give you the opportunity to make extra income which is to your benefit. It is good but may not be the best.