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That is true its great for the beginner since it can help them to avoid mistake when trading in this market so all I have to do now is just to keep on trading since I was not aware of this tips but now that I have know I think i will advice any newbie I come acroos to read and abide .

Well pip is simply the the action of each price movement the rise or fall of the currency is counted in pips and also loss and gain is also counted in pips ,so that is just simply the meaning of pips .

Inact student are the most set of people who can get the best of this face of business that is forex trading I started trading while I was a student before I proceed to do something else . Forex as whole will help the student with their financial issue and help them with poccket money but any...

Well I think similar thread has already exist and I do think it carried the same explanation its simply that forex trading is the buying and selling of currency online and exchange each currency to that of another country at the right and particular rate at the time.

Thank you budado ,indicator is a good tools if you know how to use it ,that is why I always advice the newbie that if they cant cope in learning alone they should try and get a mentor who will teach them how this things really work than to strugle alone and start saying that indicator is not...

@kalspenhmkm,what do you mean by that please its better to have a good plan and strategy before the market even take to be trade otherwise you wont get things right in here in forex trading so the right thing to do is just to make a pre-plan and document it test it also in demo account if...

Well I dont think that lack of fund can contribute to loss but rather lack of skills because in forex if you have the right skills to trade then go ahead and used leverage to trade and sure you will make profit if you dont have the fund just gradually post on forum and gather money to trade period .

Well as for me i love using indicators and I think its the best for me because when you first start forex trading as a newbie there is no way you can do away with indicator infact indicator is the best instrument to start with before any other thing so indicator is very useful.

Aside from this I even think that everyday is very important for the newbie and they need to focus on learning most and not trading only so the right thing is that the more you trade the more experience the newbie get ,out of the 24/5 that is present in a week to trade I think the newbie should...

I dont think so what I really think is that the more you trade without knowledge you stand a good chance to loss but when your skills meet up with the trade you as well stand a good chance to earn so the major thing is to have the knowledge first before proceed to do some other thing.

I think the worst day to trade in the week is just when the market is about to open and when its about to close with this we do have difficulties in predicting and forcasting the level of the market in terms of direction and every other things related.

That is actually true in forex trading we either loss or gain but what matters most is our level of experience and knowledge if we gain much knowledge and experience I think we can get something tangible from this market. Its all about exchange of currency buying and selling when one currency...

That is why we need to do some analysis with our broker and chose them this will really help in terms of fruad person like me if the broker has been long online I dont think nothing can even drive me to their site .

Well the thread should be updated on regular basis if the thread is all about morning report because what I just saw here is like getting only report for one so the thread has to be updated on regular basis.

Well maybe if the person like to call it borrowed I dont mine because its almost similar leverage is like getting additional money to trade with just to increase your margin level .to avoid some kind restriction to enter some market.

One thing I dont really like about converting the currency in a way which you just mention above are one maybe the rate which they are offering may not be suitable for me some time the exchange rate do varies but what I really like is the fact that interperson exchange is fast and reliable...

This will be mostly important for the newbie as they can easyly fine help in here and know the basic terminology which they ever needed to know in forex trading and also I do believe that advance trader will also take advantages of this too.

Well that is really correct cyrus is tax free nation I do believe that that is the reason why so many business are base there and broker prefer there rather than any other thing.

From my own word and explanantion I can simply say that forex is just the buying and selling of currency online which eneable the trader to get in touch and know the value of each currency, forex buy order is known as bid and sell is call the ask so both of them goes in together.

As for me I do consider the spread and its the most thing which I do consider while chosing a broker because a broker with low spread will charge less and save my margin compare to all the high spread broker.