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I feel the same way too. If there is something I would want removed from forex, it would be the way people lose so easily. I don't mean here that it should be all smooth all the time but the way traders lose seems alarming.

Politics and political events have some very high impact on the way the forex market operates. These politics can be in form of intra or inter politics which sometimes alternative both the economic and social activity on the country.

Commodities trading can be more complex than forex trading. It entirely different from trading in pairs and people often address it as heavy investment since it requires both huge capital and knowledge. Traders who want to diverge into this form of trading need to have more trading knowledge in...

Nobody wants to make mistakes and nobody will avoid mistake. It is a means we learn in forex and a means we correct our errors. The major mistake someone who is a forex trader is trading with inadequate knowledge, this covers every other error that one can make.

There are so many brokers around and some others still coming up by the day. The newer ones seem to be very credible though they have not gained much ground. I will recommend FBS, IFX, MAYZUS.

Forex can be done either as a part time or full time. That will depend on what the trader wants and how he hopes to manage his time. Whereas some traders trade on a part time basis and only do so when they have free time, others trade almost as a full time business.

I do not agree with this. There is no connection between Forex and strength. A Forex trader can also be a carpenter, a mechanic or Mason and it wouldn't stop or hinder him from doing anything. Forex can also be done by a house wife or a student who has nothing to do with physical job.

The first reason that will cause a trader to lose is if he does not have knowledge about Forex. A person who is still a novice will never understand the process of trading and the strategy used. He can only do this when he has proper knowledge of Forex.

Learning how to trade can be done from different sources. We can start with websites that talk about Forex learning, for example, babypips which their school simplifies trading terminologies. After we have gotten some knowledge of the basic definition, we then can open a Demo account.

Yes, professional traders do lose in Forex. Firstly, are there really those worthy enough to be called professional traders? Those who have been very long in the business are always addressed with such Prestige but in the real world there are no all winners.

Trading in metal is a good type of trading that is profitable too but I don't think it will be easy to trade in even if we have knowledge about it. Since it requires higher capital, it will still mean the risk will be higher.

Forex is the name used to define the buying and selling of foreign currencies. They are done in pairs of currency and the prices known as rates here determined by how the market is. This is influence by factors like economy and policy.

I wonder why some brokers don't allow scalping too. Is it because they do not want their traders to trade in short term or they think that there are chances of losing more when they scalp which could give them a bad reputation.

For real, payza would have been my favorite if it is still reigning. It was my first payment processor when it was still under the Canadian firm but now, I don't it going back to the way it used to be.

I also find it difficult receiving the code from Webmoney. I sent them a message one time that I prefer they do not send me codes but they say it is how their system works. It makes me spend more money from a cyber cafe due to long waiting.

Whereas I exchange locally, I also make use of international exchangers to convert my Payza funds to another processors and then change it with a local exchanger. I usually make use of Egopay website to find trusted exchangers.

That would be a great idea to think they will reduce their fees. Egopay is one of the payment processors that I expected to join the top payment processors. I do use them more often than some others because of the exchange they do which I use with my Payza

I disabled my own IP because I always log in from my mobile phone and there is no way I will be opening more tabs always. I do not think it gives me much security to keep it since I don't log in from another place. That is even better because that pin code can be very annoying.

It seems that this payment processor is only popular in europe because I don't hear about it the way i hear about others. I will try using it if there is the possibility of having the exchanger.

Paypal is a good payment processor that is used in so many online activities, founded in 1998 by Max Levchin before it was acquired by popular online store Ebay in 2002.