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Forex trading is the trading of foreign currency on a 24 hours market. We can profit from it. We can make money from it. There is money to be made in the foreign market. If you're skillful and knowledgeable you will be able to make a living out of it. I think forex is a great side gigs for many...

I think all of them are helpful to determine the fundamentals behind the price movement but you will need a particular chart for your particular type of investments. If you;re a scalper, indeed you need a short term frame like m1 or m15 or m30 or h1 to look at all the time. I think I look at...

Definitely a cent account will give you real live trading feelings and you can go to forexcents and get a five bucks bonus to trade there and see how you do. Its so different in a real market. You will never think that its that different. You will see how its like and its very different in a...

We can also make money as a day trader or long term investors in foreign market. These are the benefits for forex investments. Its easy to profit daily from forex. We can make money as long as we have knowledge and skills and anyone over the globe can do it online. So its very convenient and...

I think diversification is totally necessary to help us earn more and reduce our risks. I think as long as there are other places to invest in like long term stocks, real estate, or bonds, we should also keep our minds in those and not just do forex alone as these other ones also give us good...

I think trading during market time is more profitable than non market time like off business hours or early morning unless you want a head start and buy low and then sell at the high rise and that is possible but timing is everything in forex. we must trade at the right time and the right...

Its impossible to go without volatility. Its movement that will allow some scalping but we also depend on it for long term profit. We need movement. I guess if there are stable movement then we can earn from that but if we know patterns then we can also earn from that. I see that movement can be...

Yes, fundamentals help us build confidence in a particular type of currencies. I know that its easy to build confidence in the euro or the usd cause their economies are good and will continue to do well since they have a strong infrastructure. When they are wealthy and doing well, there is...

Its good that you're earning daily. Its possible to earn what you have stated. I've earned around that much as well. I can earn more in scalping like 90 dollars per trade or per day. I think we can made so much more according to the trends and our leverage or how much capital or risks we're...

That is good that you're earning. I've earned like $90 in my first trade so I do't think its that bad. Now, if my leverage was higher, I would have made $900 bucks but my leverage is lower. I think its possible to earn like several hundred dollars per day if you know when to trade or if you...

I think that is way too high and way too risky and even greedy. I think you will gain but also lose really big too and face margin call too. I think 1:100 or up to 500 is enough for a newbie. I would not risk higher than that. Ideally, I would like to safety use 1000 leverage but only when I've...

I would also add that you must use stop loss. You will lose less and there will be time when you will lose miserably and sl will save you. I think you must use a wide range but its necessary to use it if you don't want total wipe out or if you have to leave your screen. One would also do long...

You're so right about waiting out on big risks. As a newbie we must develop our experiences and then we will be able to get better profit the next time. I think you must save your big risk for a later time but I just think big risks are not ideal since its easy to lose. So, I think low or modest...

Well, I have always love the financial world so I can't pass up on opp like forex. I really do love forex and I'm kind of addicted to it. I love to make money on the side so why not. Any kind of money is good so we have to take it up and its so easy to do forex and anyone can do it so why should...

I think when it comes to forex, we do need so much practice and its impossible for a newbie to make money if he's clueless so make sure you put in a lot of practice time and lose with fake money cause you don't want to lose with real money cause it hurts a lot. You will lose as a newbie. You...

Well, you can learn as much as you can online. There are so many places to earn and so many resources to learn from like babypips.com and dailyfx or forex.com or youtube. There are so many videos on Youtube. After you learn the fundamentals and technical, you will then open a demo and then learn...

It depends if you're a scalper or a long term trader. If you're a scalper then you must use stop loss or exit the trade right away since it will take all of your money away or if you have enough equity you can wait until it gets back up if there is a chance for it and if not you have to take a...

I think I like forex cause it pays more and quicker. No matter how hard you work, you can't really make that much online anyways. I like forex cause you can make money right away. Nowadays, there are way too many scams when it comes to affiliates and such and you don't even get paid. I think...

There is no way to avoid them if you are putting in one k and hope to reap some profit from it. The ore money you have in your account the more you fear so its good to fear so that you don't risk too much capital. Fear is a normal responses to keep us from doing things that are way too risky so...

Forex is a place to make money period and that is why there are so many people coming to it. People fill up the casino in hope to make money so its the same as forex. They fill it up to make money. Wouldn't you love to make a day's income in five minutes. Well, with forex, its very possible...