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Yeah ! I practice in real account but that money is just the bonus given by MT5 forum, so I don't care about that. However, the importance is feeling, I mean emotion. Practicing in demo account doesn't help much because I often feel nothing when I either lose or win.

Yeah ! 1% to 5% is generally enough and for me, I just only want to reach that target. Your money management is good as you often trade 0.01 lot. There are a lot of traders having only 50$ but trading 0.1 lot which is very dangerous because such little money might be lost in minutes.

Since RBA decided to cut rate, AUDUSD has changed +0.63%. It was topped at 0.9004, then back to 0.8947 and it is now trading around 0.897. Looking at 4-Hours chart, you can see that uptrend might keep going as RSI is moving too far from average. Additionally, daily pivot 0.8903 while it is...

As we've already known, there was important event today: RBA Interest Rate decision. Interest rate decreased 0.25%, from 2.75% to 2.5%. Everything happened as many analysts expected. Since interest rate decreased, some of you might think that AUD must decline after rate cut. Well, let's watch...

You are right about PTC because Paypal is often used for payment when PTC website doesn't support Payza. However, Paypal is usually second choice after Payza in this kind of business. You are not right about Forex trading. As I see, many broker don't support Paypal because those brokers don't...

It is because they are just LUCKY guys in short-time. They thought their plan were too good to fail until they lost all of money they'd had. There are so many lucky traders in FX market and everybody thinks they are professional traders until they're bankrupt. Although I've experienced in...

Today, volatility is quite low. US ISM Non-manufacturing PMI was 56, better than expected 53, but it almost made no harm to AUDUSD as market is waiting for more important event which will be released tomorrow, RBA interest rate decision. Interest rate is expected to decrease from 2.75% to...

If you visit social trading website such as Etoro, you will see there are MANY traders who were called "hero" or "professional traders" because of their unbelievable earnings - thousands percent profit in one month. And you know, they are big losers now.

Well you mightn't know this. Of course I was newbie. When I first started trading, I always dreamed of becoming rich in some day though I often faced huge losses. When I realized it was not easy as I thought, everything was better. Now, I believe I'm good enough to profit in this business...

What's problem with its support? I haven't ever contacted it so I don't have any idea. However, as you say so, perhaps you've already had bad experience with it, haven't you?

I haven't ever heard that using VCC to verify Paypal account is risky. Why did you say so? If Paypal knows, it will certainly ban clients who use VCC?

We are retail traders and so we consider some thousands dollar to be much but it means nothing to FX market. You will know why I say 10,000$ is still too small when you become professional trader.

My documents are most from them. They provides many useful tips and trading strategies. But I only care about necessary thing such as global economy analysis. I often focus on fundamental levels, they also provide technical trading strategies but I'm not interested in technical analysis.

Here is explanation of Wikipedia: Basically, trend line shows global market sentiment. Uptrend: market is bullish that currency; downtrend: market is bearish that currency.

I don't know why you put MRC Markets and FXOpen in the list of scamming brokers. That company was founded in 1972 and it has offices in Indian, UK and India. I don't know whether you got trouble with it but it is too big to be scamming company. Though FXOpen is regulated, it doesn't mean it...

That's right. Many traders, after profiting some money in demo account, immediately start trading for real because they they they're good enough to beat market. Well the result is that some of them even lose all the money but they can't still understand why.

I don't think this is good idea. It may take you a long time to know if that broker is good. There are review websites such as DigitalCashPalace, FXEmpire and TopTenReviews, reviews in there are trustworthy and it's for the people who want to find good brokers.

I agree with you. Many beginners enter into this market just because of wanting to be rich. So they try any ways (except learning) to find the best to earn much. They really don't care about how market works, they even don't know they earn money from who. Because that "who" is one of factor that...

Really? I don't know about that. But whatever, Perfect Money is surely more popular than OK Pay. I don't know why such payment processors are "so mad" at US residents.

Online payment processor itself should be used for basic thing, I mean same as you: online shopping and money as gift transferring and Paypal can't be better than that. Investment should be made through bank or credit card but bank is the best.