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When you have enough knowledge and skills, you can take Forex a part time as it doesn't need all day long. But before that you need to learn the art of trading.

It's not about looking good. It's about what you are good at. If you are good at trading, it would suits in your resume.

If you want to learn how to trade and make money, it's not a good idea to follow signals. It can ruin your judgement power. Remember trading is more of psychological then technical.

I still use demo along with live trading. I use to demo experiments new strategy and plans. There is no specific time period to use demo account.

Spreads is important if you are a scalper or short term trader. In short term trading you can't afford big spreads. But for long term trading, spreads don't effect much.

Scalping can be good if you are very skilled and have a strong psychology. If you take trade out of emotions, you should stay away from scalping.

It depends on your strategy and trading plans. It also depends on your strength. We need to find out our strength. If I can do one long term trading, I should stick to it and vice versa.

Trading psychology is the most important thing after trading strategy. Even a good strategy can be invalid if we are not psychologically well equipped. Every trader should focus on this aspects.

Discipline is the first you should practice if you want to be a successful trader. All the successful traders on the planet are disciplined traders. They may have distinctive trading techniques however one thing is normal which is they are restrained. Taking in the market and being control is...

Yes you are right. Money management and risk management is the very important in forex trading. If any trader do have good risk management policy, sooner or later, he will be kicked out from the market.

Initially it's not a good idea to invest a lot of money. 100$ to 500$ is okay. Once you learn how to make consistent profit, you are good to go with big investment.

Forex trading is a work for professional. It requires particular knowledge and aptitudes. Without discovering that you can not have predictable benefit in forex trading. A specialist trader knows when to open or close a position and how to oversee risk.

It's not about how many years we are trading. It's about how quick we learn from our mistakes. Even after trading for long times most traders are not discipline. They can't control their emotions. Most of the time they open trade out of greed or fear.

Yes exotic pairs moves a lot. Mostly they do not have any pattern. It's good not to trade them if you are not enough skilled and experienced.

Do some research and pick few regulated brokers. Then compare all the brokers facilities to choose one. Choose one that meets your criteria.

Entry and exit of a trade is the most common problem. If you think you can predict the direction, you should test your strategy in demo regarding your stop loss. Check what works the best. No one can give you exact suggestion. By trail and error you have to solve it out.

Both fundamental and technical analysis are important. But fundamental analysis needs deep knowledge of economy of a country whereas technical analysis is chart based.

Before choosing any broker, always do some research. The broker should be a regulated one. Then check spreads and other trading facilities.

Forex trading can make you frustrated, when you keep working for a long time with no positive result. Now and then broker makes us baffled by giving more extensive spreads and slippage. I used to feel most disturbed when my past broker platform used to give reqoute while submitting a market request.

Yes demo trading is important. But one should treat demo trading like live trading. You have to take it seriously. Before opening a trade Think what if it was real money, would I take this trade?