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Well the easiest way is to learn from a school. But to be frank there is no easiest way to learn. It will be difficult to learn and apply things properly on the chart and take profit out of the market.

Before working on a live account, a trader will need a trading system with which he or she can bring positive pips first. And then should go on a live account with small amount to train emotions. When all is trained then a trader should go with large capital if he or she is confident.

Trust me this is not a good idea to stop a source of income for forex. You may want forex to be your main source of income. But there are many like you who wants the same thing. And we can't certainly tell where the market will lead us. So better to have more than one source of income.

Over trading is never a good idea. Trade when an opportunity arises and also learn when it is too much trading. Learning to stop yourself is also part of trading process.

Lol. When you finish reading a forex school then you think you have learned a lot and totally ready. But when you start trading then you see you have much to learn. I have had similar experience. lol

New traders should not use more than 1:100 leverage. Learn how leverage works then use higher leverage. With more leverage new traders will mostly use higher lot sizes which is not the purpose of using leverage.

Well I am comfortable with using 1:500 leverage for my trading. I keep my lot size affordable, so losses does not exceed more than I want it to.

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There is no thinking about it. Partying can be done later. Trading is the top most priority. When a trader makes profit then there won’t be any shortages in partying he or she wants to do.

Not only till now but it will always be a option. Just not for newbies but also for experienced traders who want to test things out before using them on their live account.

Sadly this week I could not trade due to some personal reason. Also did not have a look at charts properly. And about NFP, I would not have traded during that time.

Well the risk reward ratio is binary options are bad and they don't offer options where there is a high probability of traders loosing. And also removes option from their list when traders can make profit from certain situations.

Well I myself have not used it and also MT4 does not support it. But I have seen point and figure charts and personally I prefer candlesticks over any other types of charts.

Well it is not a good idea to ask others whether to stay away from the market or not. Decide for yourself. Personally I stay away from trading during news time because at that time market may put me in a situation I don’t want to be.

Well one does not need more than 1:400 leverage in my opinion. But there is far more leverage available than that. I use 1:500 and don’t need to worry about margin with it.

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