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To avoid loses, maybe the trader will about trading entirely, because provided the trader is trading, there is the tendency to lose and the losses here wouldn't just varnish. The more the trades, the more he draws closer to the market and the lesser losses due to experience.

I usually don't see greed or this form of emotion as something that should be cried for. A greedy trader will definitely learn the hard way. Either he controls his greed and make success or he allows his greed control him and lose thereafter. It is just a two way thing with the possibility of...

The Demo is quite a place the newbie shouldn't leave. Just the same way he enjoys learning the theoretical par try of Forex, he should fall in love with a Demo account. When there is need to practice and learn better, the Demo account offers such rare privilege without investment.

Just as it is risky, it can also be lucrative. Honestly, I feel that it is the news traders that are really enjoying Forex more. They only have to trade around news time and not always hanging around the chart like technical traders. Though it requires more understanding of the market but it's...

The primary knowledge for Forex trading would definitely be knowing the basics. I really doubt how far that can can take the trader when it comes to making profit. What the trader needs goes beyond the basics and tills through understanding the market sentiments.

I have always been a subscriber of long term trading. I like to leave the position to stretch that long, might not necessary make it slip through the next day but scalping isn't just my way. Guess it's one of the things I will really have to consider.

I believe that any trader who fails to control his emotions while trading would be forced to by losses. You will definitely get the rough edge when you lose. And if that emotion is in form of greed, there is no way the trader wouldn't retrace.

Sure, the food can only come rolling when there is enough skills to back it up. It's not a kinda easy stuff to take Forex as a full time source of earning. A trader who wishes to do so must be sure he's got adequate trading knowledge and skills. That is the only way he will overcome the ill side...

Same here, I am attached more to the EUR/USD. I like the movement of the pair and how fast it goes in the market. Perhaps the reason being that it is the most traded currency pair. Some other times, I try the GBP/USD, but mostly, it is the most popular pairs gets me to it.

I always my reservations when it comes to this statement and it relationship with investing in more than one broker. In as much as I believe in diversity in investment, I also think that if one gets a good and regulated broker, then there is no cause for alarm.

Then, I still wonder why some are not able to make profits in Forex even after staying for so long in Forex. I know a poster who have spent some 7 good years in Forex and yet, still battling with making good money from Forex. As a matter of fact, it is a family business so he was born with it...

But you know, sometimes little capital force a trader to make use of high leverage. I doubt if there's no one who isn't moved by presumed profits. That is one thing that will happen to a trader who trades with little capital. Sooner or later, he sees that capital as quite good enough to make...

Yeah, wrong timing can lead to losses. That's why I don't think it's practically wise for a trader to trade daily. I mean, the market isn't favourable daily, there are just very dull days that movement seems so slow because of low volatility.

Sure, I can't really imagine how I try would be if everyone is really winning. I would ask where the money will be coming from. I mean, they are all winning and who is coughing out those dough that everyone is smiling home with. It means it's no longer trading because no body buys currencies to...

I think the more the people are studying Forex, the easier it becomes to learn. A particular trader who had interest and learns can create a website specifically for that and put up his own understanding of what Forex is and how it works.

It might not have anything to do with the regulatory status because Payza which I'd regulated is not even liquid in our country not to talk of the sell rate. There are times you see them levelling up with each other. Like Naira4dollar currently places the four popular e currencies in our country...

You seem to like this Payment processor a lot. For me, if I could see an option to stop using it over and again, I would go for it. I don't really care much about it and it's existence means little to me. I just detest the way it logs me off more often.

No matter what people think about this payment processor, they are still waxing strong in some other people's eyes. I just got a mail from the top exchanger in my country that they have added Egopay SCI which is a sign they have a more solidified relationship with them. EGOPAY SELL ORDER SCI...

@sindarin, I think it is in some cases that you get that kind of refund. I mean some few percentage of your money and not the whole money, not even up to 50% because I doubt if it works in all cases. I would really love to know more about this binary of a thing and the way it works by someone...

Well, there could be a point there but I think even manipulating there price or rates might be difficult for them, even though they determine the price as dealing desk brokers. Since Forex is a buy and sell thing, I think the brokers are mostly on a neutral side. How much happy they would be...