If you want a very basic things that you need of course an internet but assuming that our common sense know that already so the first thing you will need to do is to study Forex there are many website that offering a free tutorial then after that apply what you learn with a demo account then if...
If it's in form of a profit then that can be a good amount at least because that can be a one meal in our country, but as a capital then I guess it's not that valuable especially that you can work out with some Forums with some good rates getting one dollar may only take some of your minutes.
If you lose because you lack of knowledge then you can blame yourself with your trades, but I am not advice you to do that because it might affect your self confidence, it's always good if you are always taking things positively so you can attract positive things.
Indeed, Forex market is just really hard to predict just like what I am doing with Forex demo I am already in profit, but when some days passed my account got negative balance so we really need to be prepared, and don't rush when you know you are not good enough.
We really need to go to the process of learning step by step, and don't jump out when you know you are not prepared yet, as you must know the consequences because if you want to be successful then you must create a good foundation of a knowledge first.
The risk is very equal, but if you don't know the basic at all then the chances of losing is really high so you must really keep in your mind that you must be well prepared before entering the real trade, and always think positive to whatever things you may experience.
Indeed you need to benefit more with their experience because their experience is what you need if the mentor is a good Forex trader so their experience is quite interesting to know that way we can keep that in our mind, and apply what we learn from our mentor.
There are many free ebook available on the internet I actually downloaded lots of ebook I even downloaded some java type ebook so I can install that on my mobile phone, and I can read that more conveniently in my part. So, you don't need to buy some books as that's an additional expense.
If you are good enough then you can surely make Forex as source of your income, but if you hardly make a profit in Fore trading then you will need some other sources of your income as you can't depend alone with Forex trading when you know you are not good enough.
If you are a Forex beginner then you must practice first with a demo account you can also participate with the different Forex Forums where you can gather some capital for your first trading because you are just starting up it's necessary that you are not risking your own money from your pocket.
Yes, some Forex books really designed for beginners so you can really expect that you will have a good foundation for reading that books. It's true that it's not that necessary to read book because we have now an internet to find more good information.
Well, just like you said it's old fashion which means in the present time there are many other resources, I find some people in our country who are offering some free seminars about Forex trading, but I still don't plan of attending such as there might be some hidden agenda because it's just FREE.
Yes, we have now an internet and we can download some ebook about Forex trading, but actually it will be more convenient if that book can be pocket as we can read it in our free time when we are busy. So, I wanna have some Books about Forex trading.
It's really depend to you you must only target the goal that which is attainable considering your experience, and skills in Forex trading. There must be always a plan if you plan to earn daily then you must think two way not just only the profit, but as well the losses.
It's very important because the information that I have read in different Forums makes me interested in Forex trading, I am not posting in here right now if I am not interested with Forex trading so it's really important because we can find information not just an information, but a good...
Just be positive even Forex trading is not easy at all it can be still a good source of your income online as there are some good traders who are making a living with their Forex trading as they are already a full time trader so we can also be successful.
Yes, there is really no method that can guarantee your success as a Forex trader you must not depend your success in some information that you can find on the internet because there are many of it, if only there is one thing that works then for sure there will be lots of successful traders.
Yes, we need it both, but in terms of the performance traders will always say that they are better with their demo account. Well, I guess I am also better with my demo account because I am just playing around just like today when I check my demo account how I wish that it was a real account...
Invest what you can afford to lose, actually there are some Forex broker who are offering with one dollar deposit so if you just want to experience trading then it would be better if you will go for it, because before you go with real trading account then you must already have enough practice...
That's why we must choose the right Forex broker because when you notice that there are some chances that Forex broker will be scam then it might be better to skip it because the Forex broker I am with seem not going to turn to scam like insta and fbs.