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Yes there are very strong chances of you ending up loosing if you dont have good knowledge, it is simple to understand that even the most experienced trader can make loss.

Its a really good contest for clients, is there more such contest going to be introduced by liteforex soon?

The pair has been trading strongly but there are chances of a pull back, it better to hold on for a while.

I think business is a job you do and forex is no other exception, but whatever it may be forex market has been very good option for people who are looking for a part time job.

GBPUSD has been one of the most positive pairs last month but this time it might face a pull back, has to wait for a while to plan.

Emotion is a basic human factor that every trader has, but its very necessary to control your emotions and emotions should not effect your decision making.

Its very important to trade with demo account as it gives you a very practical experience related to forex market, ive started trading with liteforex and the support i got initially from them was very good.

Yes the user interface of MT4 is much better and its very convinient to use , evn for the biginners.

If you enter the market with right approach then its going to be a lot easier but if you dont , then definately its going to be an unpredictable business for you.

Yes of course its our choice but in order to make huge money traders are lured by high leverages, but using these leverages can be as risky as its profitable.

Yes its a common misconception that Demo trading is for newbies only, but its equally important for experienced traders too, where they can test their strategies.

Yes its very important to understand these things before investing, a proper analysis should be done, you be prepared to face risk and should know how to manage it.

Its a good tool but only when you know how to use it, there are many people who are not good trader and use high leverage to make huge profit, but its very risky.

They can trade yes but its hard work in forex market, its not like gambling and trying to hit on your luck each day.

You have to work hard , prayers are just to support, you can reap benefits from forex only by sheer hard work.

user interface of MT4 was very good as compared to MT5, and MT5 doesnt had any major changes.

But forex robots are not sure shot solution, they might seems to be working but on a bad day you might loose, and moreover if somebody has made a perfect robot , why would he sell it in the market, when he can earn millions.

Making a robot requires skill and good market experience and even to use it you have to be very knowledgeable, you cannot depend on forex robot blindly.

Yes i think its the best for people who are looking for a part time job, and many people who are involved in it are part time traders.

if a newbie is not very confident to trade he should go with PAMM account, he can view returns and invest in the best he think off.