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Its depends on what you are doing in forex trading. If you own a forex broker site then I guess we can say its a business. But if you only trade then its not a business its an investments. Knowing the proper way to be in forex trading can help us a lot.

Forex trading is all about determination. Although if you are in business some how you have an upper hand as you already have a psychology of an earner. But even students can start to learn in forex trading. Who knows a student can end up earning more some day.

Before we even invest in forex trading we need to condition our mind if we want to invest and spend time in forex trading or not. Are you willing to trade for four years no matter if you are making profit or not? Because if your answer is no then don't.

I now focus trading aud/usd right now. I am hoping that I can earn 5% to 20% profit a month trading this pair. I really don't like to trade other pairs as I want to concentrate my analysis on this pair only. So its either I end up making good profit or loss in here.

Being greedy has nothing to do with bonus. If you have real funds do you think you will not be greedy? Greed is a person personality. Its has nothing to do with your trading funds. Even if you are not in forex trading you can be greedy if your greedy person.

I now focus on trading aud/usd so I am not affected. But I still do monitor the economy of euro as its also affect even pairs that is not connected to euro like aud/usd. Because if euro get stronger US dollars get weaker and that means aud can get stronger. Get the logic?

Its best to buy shares of companies that you like to own. This is what I want to achieve in the near future. I really want to own a company and this is why I focus on having more and more trading capital and funds hoping that some day I can become a rich trader.

You can only be a professional trader if you are hired by banks and big financial institutions to trade their money and you get paid certain fix income and same time certain percentage of the income. One thing I know about this guys is that they trade as a team and can't and never allowed by...

Its very important if we do know how to trade properly. I do know that its just going to be a matter of time before we can earn good money in here. Forex trading is all about taking risk. And the more risk we take the more profit we can get.

Funny thing is that forex trading books are so expensive so I just bought second hand books. But problem is that even though I have lots of books about forex its seems when I trade I don't apply what I learn. Its just too easy to open a position than do deep analysis.

If you open a position and has 50 pips TP that would be short term now if you put 150 pips TP then its would be longer term. Now my question to you is simple. If you can't earn profit with 50 pips TP what make you think you can earn profit in 150 pips TP? Or if you can't earn short term how can...

I do love to trade in forex and especially during news time as volatility is really good if theirs is a news. I can earn more than double I usually earn when the market is not affected by big news. That's why I always try to follow economic news.

I have so much profit in forex trading that I can retired in ten years. lols. This is my projection. I do believe I can handle my trading account without any problem. In two to three years time I can handle any thing that forex market will give me.

Being a newbies its good to trade to learn and not to earn. So if you open a position for a month its can help you understand how forex market trends moves. Slowly you will going to embrace the power of trends and volatility. Its all about observation.

Its so frustrating that STP has inactivity system that if you are account is not active for three months it will be suspended. I still do have some few funds in here. But since all of my earnings now come from neteller. I don't cashout using STP anymore and I am afraid that my account will be...

If I have a choice I always want to use paypal. I can save a lot using paypal since bank wire in my country is free if I withdraw 200 dollars and above. But sad to say in forex trading almost all of my earning are via neteller right now. So I end up having neteller right now instead.

If Alibaba going to purchase majority shares of paypal then they can end up as Chinese company. I do hope that it won't happen. But in capitalist world every thing is about money. If Alibaba offer a good price I do think Paypal will give in. Beside Alibaba really want to have paypal as its main...

I totally disagree on picking a trading system only. But I do agree on doing both fundamental and technical analysis. The reason why having just one strategy is not good is that trends and patterns are no the same. Sometimes the trend is going side way and sometimes its going to have great...

Its a combination of risk and money management. Good analysis and good trading strategy. Even if you do practice good risk and money management if your analysis is wrong then you can end up losing. And even if you have good analysis if your strategy is not good then you can end up having erratic...

Is those forex broker sites you mention are located in Cyprus? If they are then I don't mind investing in this forex broker site. In fact I have an investments in ironfx and in oanda. I also have investments in mayzus that is also in fxfred.