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@kaiceaziz, I agree with you to some extent. Sometimes, that principle doesn't work because these days, what internet users and those willing to share information online is mainly to attract visitors and recommendations as well as positive reviews to their site. In view of this, they are under...

That is why I'm still of the opinion that a newbie might not fit in well in scalping or other shorter time frames unless he is naturally a smart chap. Though sometimes, it doesn't matter much about the length of time or experience we have about the business, there might just be time frames that...

But to me, Okpay or by extension, any other payment processor accepting bitcoin doesn't make sense to me unless they are willing to convert it to another currency. Bitcoin is already a decentralized system which you can integrate into your PC and it remains secured there.

I think you might need to flip back pages to get some interesting facts about the payment processor and one of those you might like is the fact that it has no internal transaction fees. It is also, not supported in so any countries.

The much I know about WMZ and its transactions with email is that they will only send you an expense report to your email if you send out funds. That which is mainly required for sending funds is your phone number. In any case, it would be right for you to retrieve your email details as it might...

I think they have their own formula which is quite different from what you have with PM or WMZ. In Payza, they charge you a fixed fee+ a percentage per transaction which is around $0.25 + 2.5% of the total amount. It means that even if you are sending just $1, 0.25 will be deducted as well as...

6 months is quite a good duration of time for a trader to give himself to learn in the Demo account. Remember also that commitment is another factor that plays a great role. If you must learn, then good to learn well with dedication.

@sindarin, you know, if we even face it logically, no country owns it, so it's one factor that will make it lie fallow, another thing is, it's not a metal like gold, it's just something that came out of the blues and I doubt if there would be increased interest even by US.

Most times, traders usually start up Forex as a part time job. Perhaps, never had the thought of later turning it into a full time form of earning but gradually makes it so. I think the real thing should be, how much a trader understand Forex and is ready to withstand the risk.

It's not even only in Forex but applies in most things we do. Forex can really change your perception of life itself as a trader would see it when he loses but then, it depends on how good he is in managing losses and schedules.

Well, even though I wouldn't trust my future in Forex, I do not see any investment ad too bad. It depends on the angle at which the investor inclined his investment. Investing in PAMM is not an all bad affair because there are quite some good managers. Even investing in Forex as a means of...

@anosocialnet, that's weird if you ask me. 1 US dollar is equal to 10.3.... South African Rand. So that means that before you cash out to your bank, you're gonna need some R100,000+ as the amount you've got in the bank. It's outrageous to me.

I would rather suggest to a newbie to look for job to do rather than first indulge in Forex. This is because it doesn't favour everyone to be called Forex traders. While some might be having it quite rosy, others especially the new ones usually experience some tough time coping with Forex.

There are traders I see that hardly lose. I mean, they are fundamental traders, you hardly see them trade more often but over times, they record more profits than losses. I guess those set of traders are good enough to be called professional traders even though there are no perfect traders.

Not in the usual holding your position for too long, I mean, learning with caution, you can say slow and steady. Those with high IQ are known to be absorbent and they tend to grab those things same way too and move to the next step.

Robots are quite becoming more popular these days as it tends to ease the work load of traders to a great extent. However, adequate caution should always very taken when making this decision and a proper knowledge of how to use it.

It is still a green platform to me and I rarely see brokers making use of it. Maybe it will still gain some popularity but most definitely not any soon. I feel that the MT has almost taken it over and there could be minimal chances of these ones coming to limelight.

But success rate is still the major factor to be considered here, or maybe for how long the trader you wish to copy has been trading. At least, that is the first eye catcher that gets whoever copier that comes. PAMM is also a great way to invest but I prefer to copy.

It's not always rosy and I'm yet to find anything that is. This is also the same with Forex. There are time the market wouldn't just be favourable and there is little or nothing that can be done about it. Sometimes it looks so hard and difficult to cope with, while other times, it levels up.

I think it's an individual thing. Each newbie might have that which he prefers as his best time frame which might not necessarily tally with that of another. I prefer trading on a longer term frame. I tried the M1 but couldn't find it easier coping in it.