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One can earn in a forex market. Its open 24 hours a day adn weekdays are good days to trade as the weekend the market is closed. Business hours are good hours to trade. For me, Tokyo time is the best for me. It has worked for me almost every single time Monday morning 11am Tokyo time. I think...

Those are good tips. One would always have full knowledge before trading since its the backbone of success. From there that you will either make profit or lose miserably. Now, the lack of knowledge will cause you to lose miserably so learn all you can about fundamentals, technical, basics and...

You can buy stocks on your own as well directly from the company to avoid heavy fees. I would always buy directly from a company since I don't like any broker's fees and tampering with my stocks. I think I dislike brokers cause their motivation is to snip from you as much as they can in every...

Yes, one is to learn as much as you can as that is the building block of success in forex and read a lot of pro articles like on dailyfx so you can learn some more. Also, do as much practice as you can in a demo until you can learn to make most trades a profit then you're ready for the market...

I think you got that right. Without learning, you can't earn. You have to learn as much as you can and then earning will come in. Forex is not for the gambler and its not for the random trades either. Forex is for the knowledgeable and skillful. We need to know as much as we can so that we can...

Yes, long term trade can pay off. I'm a fan of long term trade as well. I will trade for the long term cause it will rise all the time during business hours. So I will buy like 10 minutes right before the rise of the trend during peak business hours and then sell it off for triple the price so...

If a trader is losing so much they should go back to a demo and test themselves out and also use a cent account to gain some real market live trading. However, they can reassess their skills since mistakes will lead to continuous loss. Making poor or slow decisions could lead to loss and not...

We have both fear and courage in forex. If you are putting in one grand, you must be fearful of losing it and you must have courage to execute your trades. However, you get use to the market after awhile and experience will lower your fear and increase your courage. The more profit you have made...

Yes, you can earn some handsome profit in forex but it doesn't come easily. One must be fully equipped iwth knowledge, skills, experience and talent in order to make good profit from it. However, its possible for anyone with some good knowledge to make some pips per day. Its very likely in a...

I also think that trading with a trusted brokers who are not scammy will also be helpful in crisis time. Look at LR, some even loss at their brokers, so we also want to be able to withdraw profits any time we like. Also, we want them to have less snipping and low spread. We also want one that...

Losses are a part of trading forex. We must understand that and accept that so we don't get disappointed but if we learn to control losses and money management we will not lose that much. losing 10 pips is better than 100 pips and that is my opinion so I always use stop loss to make sure I don't...

With the mention of the high speed internet, I think its essential to catch up on your graphs. The other day one of my broker's website is kind of slow moving and moving between graphs are slow so I think its a weakness. I know there are trader with slow connection so they should get a better...

Yes, you're right we need both and some more in order to be really good at forex. But forex is not for any random person. They must have knowledge, experiences, skills, determination, and talent in order to earn well. Its a combo of many things. If yo're good but then you get too impulsive and...

It is very important when it comes to analysis. You can't make money unless you know how to analyze the market. Forex is dependent on analysis and knowledge. We must learn as much as we can and practice as much as we can since from then that we will earn so much more. Realizing that even a...

Yes, you can make some great profit in forex. If you have a great knowledge and skills and are determine and have a good strategies then you will make money in forex. Forex is when you buy low and sell high or buy high and sell higher. You make profits and that is what all traders hope to do...

Stop loss is required so we don't empty out our account. Losing 20 pips is better than losing 200 pips so any kind of loss control is essential. One must always keep loss in mind. I think exiting a trade as soon as the price dips is a good one unless you're in it for the long term and have...

I think as a newbie you can learn how to trade in a demo to gain experiences and reduce risks. You can also do a cent account to experience a real trading event. You can also go to Etoro and copy successful traders as well and make some money from them. I think Etoro is something that a newbie...

I would withdraw it just in case there is a crisis like LR, I did not lose any money. I think we should not keep a lot of money in our account just in case there is something wrong with it. Also, its also there to keep us disciplined so we don't waste way too much money in trading. If we see...

Yes, you can make forex your source of income. Forex is a great way to earn but they do carry a lot of risks. For the pro trader and the experienced one they can make a great income from just earning on forex. I've heard pro who makes like $20k a month so that is very high on forex. I can see...

Well, it might be mentioned in business school. The finance department might mention it. They might teach you cause its the same as stock trading so the business school will surely teach you a general course about it but not like teach you how to trade or anything like that. Now, they can offer...