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I don't do pamm and will not either cause I can trade successfully for myself. I think once you give total control of your money to someone you don't even see or know, it become so fearful cause they can just say oops I'm sorry, bad market, all is lost. So, you can't do anything about it. There...

You can try to do deep breathing exercise and mental meditation as it will help you to become more patient and also avoid drinking coffee cause it will cause you to be very irritable and impatient. Also, tell yourself that being hasty will lead to losing money so patience is the virtue and you...

I think its way too risky for newbie to depend their lives on it but its ok for experienced traders and pro traders. I mean if a pro trader make like 10k or more per month then they don't need to work hard since they can't possibly make more than that unless they're like someone who is a...

I also believe that a success trade is one in which you have planned it out before hand and its not an impulsive trade as brokers depend on your impulsiveness to make more spread fee. I guess that is how business like their customers to be as impulsive and out of control as possible so beware of...

Of course they do lose cause they too can't predict the market either. However, they do not care as much cause they got money from their long life career so one lost won't get them down. They will recover it. I think they have a method to gaining profit consistently even if they lose they will...

News give us some fundamental on why currencies behave the way they do and some of it is true while there are also many factors that influence price like the volume of trades and the number of traders trading that particular pairs as well as demand. There are many factors that will drive price...

Pro traders make more money and have more money than newbie for sure. I've heard of some pro who makes more than 20k per month. Now I would like to achieve that goal but I would never risk that much money though even though I know its possible to make that much per month. Pro traders are very...

I'm very happy in forex cause I have something to do when I get bore. I tend to get bore when I don't have much to do so at least it will keep me busy. I like to trade long term a lot. I'm a long term trader so my profit is more sure than scalping so that is why I'm not all depressed over losses...

Its recommended that you don't trade when you're tired, drunk, depressed, angry, sleepy, impulsive or too needy for money cause its just like shopping for groceries when you're hungry. You will buy everything you see and then don't eat it when you get home so you're wasting your time and money...

Some can do it less than six months if they practice full time and daily. Some learn so fast that one month is sufficient for them so it all depends on your pace and how quick you catch on. Now, you can still continue to use it to test out new strategies as you become a real trader since you...

You know if you say to your mother in law that you're a forex day trader, it will not give you good status but might make her want to invite you to never come back to see her daughter cause she thinks that you got bad gambling habit to the point that you will not work and use your money to...

Well, you can't trade on the weekend cause the market is closed so you can't open or close trades. You can't really trade during Friday closing around 3pm and on cause that is when all will close their positions leaving you with a very low price so you must sell it before then or buy it at a low...

I also feel that forex is so much better than stock trading and other online make money ordeal like gambling or risking opening a large business operation. You don't always make profit in a big business and you end up losing time and money and effort too and have to close it up. Most new...

You can also become poor quickly too in forex. You can become so poor if you risk way too much money at first. The more you risk the more you can also lose so you can become just as poor. I think its best to build profit slowly but surely. You can make five successful trade in small amount and...

I think there might be more programs added to forex that will help people earn more like the one you see on Etoro where traders can copy other traders who have good success record so one can make money and do not have to be good at it. I also see more programs like pamm and such. Who knows, you...

There are some forums out there, try redlr, have nothing but half a line with no period and no English either so good luck trying to find help. Of course, if you come across a good forum with good content you will find help. Usually those forums can be on the pro site like dailyfx or factory...

We can't never stop losses or control it completely. We can only try to control at our best. We just have to use our management skills to make it better. If we have more management skills then our trades become better with time and experiences. We can control losses iwth stop loss and then...

All traders have different earning. It will also depend on the type of account and leverage you use. The more leverage the more profit you have. There are some that earn five or more traders per day and then none per day and they earn when they sell at the end of the week. We're all different...

When you lose money, like large sum, margin call, you get really upset don't you. Luckily, I've been using stop loss and controlling my money well so I'm not that upset just yet and hopefully I will not get to that point. As a good trader, you must have everything under control so you're not...

With the US capitol hill shut down and debt ceiling due date, the USD is weakening against the Euro and other currencies possibly. We have seen a rise in euro/usd to 3.6 something, the highest in six months with the recent news of the US. This is the late on fundamental of usd. How about you...