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I say that when it comes to forex trading, timing the market is everything when it comes to your ideal pairs. The market opening is when there will be chances for higher profit in scalping and long term open positions to rise. So, if you want to day trade, you can buy at a lower price like a...

If you find yourself trading when there are two or more market opening, then you will see that the potential to earn profit is much higher in pips. Since there will be more demand and more transactions for the currencies involved. The more transactions involved, the higher the profit or the...

Yes, I would say that forex is so much more stable than hyips. There are way too many scams when it comes to hyips. I would not invest in any hyips though. I rather trade for myself. I think you will find it less risky in forex. In forex, you can trade for yourself and you can make money and...

I get about 30 to 40 pips per day on day trading and about as much on scalping as well. I get on a really good trend on scalping. I also get a really good day trading trend. I usually buy really low and then wait for it to mature during the day. So my strategy seems to work for me. I think my...

I have been having much luck also with the euro so I really like it. I really like buying euro or usd against Yen. For some reasons, ever since I've been trading, I've always had so much luck with western currency against the yen. I guess its the fundamental relationship between the west and the...

Definitely, we have to go with the trend as going against it is very dangerous. We can lose a lot of money that way. I think its just easier for our senses to go with the trend. I've not traded when its going downhill but there seems to be more of downhill than uphill sometimes. I think we have...

I do not want to open way too many trades and lose them all. I prefer to only trade at a certain time and do only long term trades. I can open may of them but I'm not willing to take that much risks so if you can then its great for you. I think its important to be patience and only enter a...

It will depends on your strategy and whether you are a long term trader or a short term trader. A long term trader need to enter at a low price so they can gain profit when it hits higher. so they would not enter at a peak profit point since they would then only go downward in price. If they...

I think forex is less riskier than binary. You have only two options in binary but you have many ways out in forex. You don't lose all of your money in forex and you can set stop loss so you only lose a little bit of it. We can control a lot of factors in forex where we can't control anything in...

As a newbie, we must use a demand practice until we get good at it. Once we see that we can make profits on most of our trades then we can move on to a real account. However, we should still use cent account or mini account to make sure that we get a feel of a real trading environment and that...

I think they have to add anything that will reduce risks and help traders earn money. I think this will help out a lot. I think reducing risks by letting us know of any kind of signals that the price will be dropping or going upward in advance. I also like lower spread and more currencies to...

Well, ok 7 years that will mean you have a lot of experiences. What are your best strategies? I think experiences helps a lot in forex. In forex, the experienced makes more money then the newbie this is why we must use cent account or mini account at first as newbie to learn and then move on to...

I also use that in my broker, mt4. Most brokers out there use it that. I like it a lot. It is fast and efficient and I can see and order and execute really fast. So far I have no problems with the platform of my brokers. I believe they bring us the best. I also don't use anything else that is...

There are many forex brokers out there. It will up to you to do your research adn choose since its your money and we don't want to point you to a bad one either. In the front page of this website, is many brokers that are very well known and trusted and you can give them a try. I think there are...

Forex is a profitable online business for anyone around the globe. Its great for those that do not have jobs and it can be profitable and all is according to the trader. If he is knowledgeable then he will make money. If he's not then he will lose some of it. Forex carries high risk so you...

Those are the needed terms for newbie. Some other ones could be a demo account. A mini account, margin call, roll over interest rates, news trading, fundamentals, technical, moving average, candlesticks, bullish trends, bearish trends. A demo account is for newbie and its free with most brokers...

Every trader will have their own style as only they know themselves best. I might enjoy scalping but it doesn't mean someone else is willing to take that kind of risk with their money. I do short term scalping and long term trading as well. I will go for one day and then sell at the end of...

I think the newbie must learn as much as they can regarding the topic fundamentally and technically. After that they should also learn news and also best trends and averages and patterns that will help them trade. They should also learn to develop a profitable trading style like short term or...

Yes, the forex market is very risky so we must approach it with this kind of caution. If we are cautious about it we will not lose a lot of money. We should all acknowledge this about forex. Once we acknowledge it we will then learn the proper ways to prevent losses. It carries risks but you can...

You can start by learning as much as you can regarding forex and go to site like babypips or dailyfx or forex.com to learn more about the topic and read pro articles as the suggestions from pro are very useful. Also go to Youtube to watch videos as there are many good videos there to watch. You...