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Trading with robots or EA mean traders conduct automatic trading. Not necessary to conduct analysis and make decisions because robots will do that to traders. However, since robots created with rigid formula, it not enabling robots to keep being adapt in every of market situations quickly. So...

I think every of trading approach risky. However, the risk will be very high when traders choose to use scalping technique. For newbies which have no proper knowledge and experience, the best thing is choose to use long term approach and trade according to the trend movement. Its safer since...

Scalping is one of trading techniques which require traders to spend high margin per trades. Catch profit from volatility movement with small target. Since it risking high margin, traders get decent amount of money though they are just get small pips profit.

In my point of view, than traders spend the money to pay signals service, better use the money to pay mentor to teach us how to conduct proper trading. Have own trading skills and strategy far better than always rely on signals while we are never learn how to trade in effective way. Own skills...

The key is don’t invest all the money in trading. Especially when we are beginner still and have no good knowledge how to trading and manage the capital properly in trading. This business risky and complicated. No chance to newbies able to make good result and manage capital to be growing. First...

Forex could be a business and job as well. We are manage the money to growing and it require plan like we are dovelop offline business. Our job in this business is trading and make the risk keep minimize. Capital development work along with how good we are as a trader. And how good our plan to...

Far better still if we are trade with own money. We are have no burden in trading, and though get margin call, we are just disappointed because our income or money being decreased. Different if we are trade with loan money, we have duty to bring back the money and so, we can make mistakes in...

As long as people have ability to absorb learning material, they are can become forex traders. This business have high difficulty level. Someone with very low IQ probably have no chance to overcome difficulties and always discipline in trading. So, before we assume that this business for...

Forex is business for me. Not kind of sport which we can make it to be hobby. Become a trader is a job for me. I have task to make profit and trading in appropriate way. No chance to small mistakes to be happen. Since it will cost losing result and make my capital decrease.

We are losing more in trading because keep repeat the same mistakes happen again. We never learn from previous mistakes and bad trades. The best way to make our trading ability improve is our conduct review over past mistakes. We need to be careful because chance to losing is very high when we...

Demo account for me is the best place to practice. No risk involve since we use virtual money. Once we are get margin call, we can open new account. However, though no risk involve, better we are keep serious by practice in demo account. We need to understand how to market work and define the...

The reason why I join forex business is due to this business lucrative and profitable. Leverage available which not necessary to traders spend high amount of capital to start trading. While opportunity to make the capital growing high widely open. Same like investment but we have own control...

Cyprus become an option to brokers to gain regulated status probably because not necessary to spend high cost. While if willing to become regulated in UK and US, obviously will need high amount of cost. Nothing wrong with being regulated in cyprus, as far as the brokers give good services and...

Well, many people define success with how high the money they have. If our success definition related with money, yes we can gain status and respect by success in forex trading. We all know that this business offering unlimited potential income. If traders trade with proper skills and high...

Basic requirement is knowledge about how the market works in order to enabling traders to conduct proper analysis. And proper strategy to lead traders to recognize good entry level. When traders knowledgeable and prepared with proven good trading strategy, no doubt that they’ll able to generate...

Stop loss and take profit is features which prepared to enabling busy traders to conduct semi automatic trading. Though have time to monitoring trades, traders can safe because set TP and SL along with position trading. Traders not necessary to worry with worst loss or late to lock the profit...

Learn the basic is entry point to know and understand about forex deeply. Before going to strategy issue, traders should have knowledge regarding with market behaviour and know many rules of effective trading. We can come in this business and expect to become profitable in consistent way. We...

Majority traders will feel disappointed when they are suffering loss result. However, they need to keep calm and not doing unnecessary thing such as take revenge approach or become aggressive in trading. Keep stick with strategy and risk management plan is very important. Market keep open and...

I do agree with thread starter. If want to learn fast, within months, traders should learn with mentor guidance. Traders will learn about forex and trading in systematic way. Since beginning traders will get specific strategy and mentor will guide traders to mastering the strategy. Not necessary...

Start trading is easy. However, to make profit and even consistent is difficult task. Require understanding about market movement to point out good entry level. Someone who want to become successful in this business must take training process before they are jump trading in live account.