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Always there are people who tried to take advantage from traders confusion regarding with how to make consistent profit. They are tried to offering magical tool which give guarantee profits to traders. Basically, they are marketer and not traders. They are even have no trading experience which...

Well, the fact is forex profitable. Allowing traders to start trading with small capital because leverage system available. However, we can’t ignore other side of fact that this business risky and difficult too. Not easy to someone make the risk minimize and able to overcome all difficulties. If...

Well, set TP give traders benefit because they can lock the profit automatically. When traders have specific target in trading, better if they are set TP to make the profit secured automatically. Traders not necessary to suffering reduce in profit because they are late to close position manually.

Join social trading sites and conduct copy trading has been widely known. Newbies get easiness and able to make profit in trading without necessary to spend the time and effort into practice and learning. However, since we are work in forex trading for long period of time, better if we are start...

Well, daily average profit various. Depend on traders ability and market. When traders able to generate 300 pips per month, mean they can get around 10 pips profit per day. Less profit mean traders get less profit in average. Or even traders will get more than 300 pips profit in a month if...

Require some specific requirement of computer to install MT5 platform. If traders use old version of windows, better they are keep use MT4 trading platform. Basically the function is same but MT5 leading in some system. I am use MT4 platform still since I have no problem with that. Moreover, my...

High impact news can create spike in market. Which enabling traders to react fast. Sometimes the market move around 100 pips first before it start to go against them, if traders late to close positions, their profit will turn to loss result. So, I do agree, if traders don’t understand market...

Traders lean to rush and choose to chasing profit in live account right away. Impatient to stick with demo practice since it give them no real profit. Moreover, nowadays there are many of social trading sites. Which give traders signals without necessary to conduct own analysis. Make traders...

Traders can join free forex school online, free to join forex forum, and free to join social trading. All facilities available to enabling traders to become skilled and knowledgeable faster. If traders consider to spend effort and time to take proper learning and practice, they’ll able to know...

Most likely traders will suffering losses if they are have no appropriate knowledge to conduct analysis. Traders will tend to trade blindly and even being aggressive. Unable to manage the risk and they’ll get margin call very fast. If someone have no proper knowledge yet, better don’t trade with...

Overconfidence is normal phase since traders arrive at aha moment. They think that they can win all the time from market. So, they are start to be careless and tend to be aggressive in trading. As far as they are don’t suffering impact by being overconfidence, they’ll keep reckless in trading...

Well, newbies can trade for long term or short term. Its depend on newbies strategies. However, since they are don’t know how to deal with volatility yet, better if they are trade based on trend movement. Which mean, newbies take long term approach in trading which hold position to riding the...

Newbies can make consistent income from forex. They’ll suffering losses during learning which make them to have back up fund. The best thing is traders keep doing trading part time and keep focus too in main job. Which give them fix salary. So, when they are get margin call during learning, they...

Spread the fund important still though actually, good brokers won’t run off easily. However, traders need to did that just in case. We never know what will be happen in the future. The best thing is we keep prepare for the worst. Not necessary to spend all capital in single brokers. Put it in 2...

Learning material available many. Traders can download ebook, copy important article, join forex forums and forex school, which enabling them to gain proper knowledge regarding trading, risk and market. Technically, it make traders become easy in learning. And give easiness to traders achieve...

Forex become online and enabling any people to join is because technology development. We can conduct buy and sell currencies real time which we can monitor the price movement every minutes. If internet unavailable, I think I won’t work online and even know about profitable forex business.

I learn to trade forex from many people. I mean, I have no specific teacher who tell me how to trade effectively. I learn from many traders in forex forums. They give me clue about what I need to do in trading. I know many things from them and I thank for it. And after get knowledge, I always...

Well. Short and swing term traders will tend to use technical analysis. While for traders who implement investment approach in trading, they’ll choose to use fundamental traders. Since it enabling traders to predict the market for very long period. No best or worst between fundamental and...

Technically, difficult to traders manage small capital to growing. Traders will get difficulties too in order to set proper risk management plan. So, traders can make many mistakes when they are trade with small capital. Need to make sure that they are trade at the good timing only. Which give...

Well, there are weekly and monthly pivot point. However, traders commonly use daily pivot point. To help them measuring potential support or resistance level of daily movement. Besides give information regarding with potential support and resistance, traders can use pivot to know the market...