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That is a good trend to scalp. I have had this happened to me with yen for like two weeks ago when most of the western currencies like euro, usd, gbp, aud was having this trend against the yen and one would really make some profit from it. I could have triple up my money in those trends and all...

I think Paypal and payza are my two favorites as one is in the US and the other one in UK, two trusted countries who do good in business and have lesser scams so that is why I use them. I also use them because their website is easy to use and its fast and also they have good reputation and not...

I use all of them. A good trader will use all help he can get. A good trader will know about all three and he can see why it helps him trade. He also need to know all in order to trade cause a lack of knowledge will make him fail. Also, we need to understand news but need to learn how to read...

Of course it does and scalper can trade news and such. They get to make quick money and so the trends help them and there are good trends to trade during news and such release. So, the trends and news are good for somea nd noise for the long term trader. Its scary noise for long term trader but...

I also like leveraging as it helps me earn more profit. I don't like to use my real money and I don't mind margin call on small leverage at all as long as I have a chance to trade. Leverage is the best part about forex since its hard to get that kind of leverage without having good credit or a...

I think so too cause you have to find ways to earn multiple ways and if you can only earn in one way than that is no good. There are six ways to skin that cat so you have to look for many ways to get some profit. I have long term strategy and then short term and then what pairs I use and the...

I join forex cause its fun for me sometimes. I get bored and I like to play something like that and I live in gambling city but gambling is like losing so I prefer forex since its less risky versus gambing. I'm really good at some games like blackjack but I don't like sitting in a casino for...

Yes, trading is very risky and mentally exhausting so one should proceed with caution. If you lose a lot you will get all depressed over it.If you gain a to you will also have increase adrenaline from it. Either way forex can cause serious mental health issues and then physical health too so...

You can do this on Etoro. Etoro is a huge brokers that have tons of copy traders and many do copy trades with successful traders on there. There are so many traders on there and you can watch how god they get. People copy them all the time. I would love to copy them too at some point if they're...

I use low to modest leverage like up to 500 but I won't go to 1000 though. I would love to do that one day but for now I will stick with 500 and I love leverage cause for the good trader, they can earn a lot of money trading with leverage since we don't have a lot of capital to use ourselves but...

It will be gambling if you trade blindly and I'm certain that there are many who are desperate and will trade blindly like gambling and get all impulsive and then quit their job and then just trade cause they dislike hard work or they open like fifty trades at once and get all compulsive about...

Forex is a foreign exchange world where anyone can open an account and exchange currencies on a 24 hours market internationally. Its for anyone who knows or want to learn forex. Its easy to make profits and anyone can make money if they take the time to learn it. Its risky but if you learn how...

You can but its quite risky for newbie but if you're so experienced than doing such thing can help a lot. I'm the type that like out of the box stuff and I think trading in forex alone is out of the bos as the majority of people don't sit there and trade. About one in 10 household do you have a...

Good for scalping and just noise for long term traders since it swings so much that it scares the long term trader. However, most of us do scalp so trading is news is good and we can make some money so any kind of profit is good for any single day. I think someday the trends are so horrible that...

Those are good tips. Try to stay away from scammy programs like pamm or hyips, as some of them are very scammy and offer you to get rich over night. Its easy to fall for those as newbie so do not fall fro them. Hard work in forex will help you earn so avoid those scammy ones. Also, you should...

You need to learn forex and then practice as much as you can and then try gain profit in a demo. You can move on when most of your trades are profitable or if you know the reason why you lose cause that is important cause you won't repeat it in a real account. Every little mistakes will lead to...

This is what I think, if you're able to make a lot of money daily without losing on a daily basis or every trade almost then you're good. There is no such thing as a perfect trader or else we would all retire right. Forex is way too risky to set that kind of standards since no one will know how...

Of course knowledge is important. Without that you will lose a lot. I think its the backbone of earning. People earn cause they know right. Like running a business, one would excel so much and get so wealthy while the other one lose all of their money and go bankrupt cause they don't know how to...

You can earn by trading in forex and look for trends that are profitable as well as long term trade with lesser risks. I know that most hyips are scams and not trustworthy and although you might have some that work but earning one buck is not for me. I also don't trust that they will return my...

Its good to use sl and tp but all set of pips is different with every trades and every trader cause we all have different trades type and capital and size of the account so we can't just use someone else and think it will work for us. Now, also the trend is different for each trade and each...