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FXOptimax trading Features: Desktop, Android and iPhone MT4 platform PAMM for Money Managers Hosted at Equinix NY4 Various Deposit and Withdrawal Options Visit: www.fxoptimax.com

Agree with you. Leverage gives us an advantage and traders should not try to abuse that advantage. As you said it is a double edged sword so it can do great harm if you don't handle it properly. Use proper money management with leverage and it will be rewarding.

Well not all traders scalp. Different traders have different personality and scalping does not suit many. That's why there are day traders, swing and long term traders out there.

That is the reason a new trader must go though a forex school. That would save them great deal of money. Forex market offers many advantages but if they are not utilized properly then they can bring lots of harm to a person.

What you said is totally true in most of the cases. I have seen many doing that. Does not understand leverage and uses larger lot sizes. When they are in a bad position then they as what went wrong. And some also don't want to accept their mistakes.

jenperry, Investopedia is a good place to learn about trading. If I am not wrong then there is also a simulator for stock trading. Check the site out. You will find way too much information there. And lots of knowledgeable people share their knowledge.

Those who has a good money management plan and does not get greedy, in the long run he or she can make a decent amount. And eventually over time can increase capital.

Someone has to start from somewhere. First we need to learn the basics and from there on we can try to learn more and improve our skills. One should not neglect things because they offer little.

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FXOptimax Pro Account Advantages - Minimum Deposit – USD 100 - Price Digits – 3 for JPY, 5 for most pairs - Minimum Lot – 0.01 (1000 of base currency) - Lot Step – 0.01 - Positive Slippage – Yes - Hedging – Yes - Commission – 0.004% per Round Turn ($2 per $100k traded) - Leverage – up to...

FXOptimax's mission & vision We always share the believe that an excellent trading condition will boost trading profitability, paving the way for our clients to achieve their success in forex market. In return of providing such services, we always want to be the top choice by each trader...

You are right. Survival in this market is a very important thing. Many don't realize it. And therefore they don't put priority over risk management and try to get rich overnight.

If an expert advisor performs better then the dealing desk brokers would not allow expert advisors. But other than that on non dealing desk brokers there is no restriction on using an expert advisor.

London session is the most comfortable session for me as it is day time and I can catch the whole session. But I am not a session trader. Whenever I see an opportunity, I try to grab it no matter what session I am in.

I have seen some people avoid these sessions. The reason behind this is on monday market opens and everything starts to get set up. So they wait for things to setup. And on fridays traders close their trades and market may make unexpected movements so they prefer to stay away.

If Hyip admin is a pro then he would not run away in a few days. He would at least complete one cycle and that will attract more money inflow. But ultimately the fate of a hyip is to sink and late comers suffer with it.

Learning from a forex school is the easy way to learn. Also if one can find a mentor then the learning process becomes much easier. The difficult and most effective part is learning from your own mistakes.

In my opinion those who make consistently profit they think too much about leverage. They keep their risk under control and leverage does not harm them. It gives them an opportunity to worry about one less thing.

Another thing I want to add is that a trader does not look inside himself. No matter what external factors are the most important factor to improve is the trader himself. If he does not self develop then nothing else would work properly.