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Well, it's a rare thing to come by especially seeing that your funds will likely get drowned, hence the more reason I won't invest much into it for now. Emotional control is the first thing to always come to mind when we think about Forex and how to work on the business environment called...

In the issue of learning with a Demo account which is the first phase of learning when it comes to practicals, the Demo account is always the best place to do so but in a long run, the trader discovers that the Demo can only guarantee you a virtual kind of knowledge, though in practice and that...

It is more than necessary that you do it, not just to fulfill all righteousness but also as a pre requisite for success. Trading in the Demo account is not a must for new traders yet, it is something they can't run away from. It then means a trader who is ever willing to become successful will...

Well, there's a point there. But then, even if the whole thing about Forex revolves around practicals, we should also not forget that theory is a principle upon which practicals are based. We can as well look into the theoretical aspect of it and draw a basis for the practicals.

Well, their aim might just be to brush up newbies so they can better understand the trading environment with the broker but I still do not think it is a very nice approach. All the same, there could be two sides to it; it's either that the trader takes the advice (if it does come) or he uses it...

Since Forex is something we don't do or we cannot be successful in unless we are ready to face it squarely, it becomes almost impossible for us to trade if we have no self confidence in ourselves. Confidence is like the watchword to success when it comes to Forex.

Well, you might be right but I think that system of trading could be seen as trading smartly. It is a trader's experience that teaches him how to become smart enough to take advantage of such circumstances. Being aggressive might help some traders seize the opportunity to make some pips but for...

Same here, but I think that if one can get some real good knowledge about Forex and understand it better, then most probably, it will be far much better to have it as a means of livelihood as the person no longer need to wake up very early in the morning in preparation for the day's work. You...

Sure the copy trading is now a way some who may not be all that interested in learning how to trade or mostly have the time to analyze can still trade. Nonetheless, one would say they are trading with another person's knowledge and skills. Copy trading is now on the increase as there are a lot...

Of course, being greedy in the business is just a clean way of losing it all. A greedy trader will always try to look for short ways he can make money in Forex. Here, his dream is not always to trade for long or to trade safe but just to trade and satisfy his high expectation. Most times, the...

Yes, I know one of the things the internet did for us is to bring this business to the door step of anyone who has interest and wishes to invest in it. This has really made it such that any body irrespective of who you are can trade in it.

Yes and I think where Forex becomes hard and expensive is in the learning process. Not every one is able to easily understand the concept of Forex in little time. others will keep wallowing in it for a long time before they get a feel of what it is talking about. Forex can be very expensive to...

Quite on point and this is even stated on most Forex manuals that I have come across. Immediately after the table of content will you see it. If those set of people acknowledge the fact that the business is risky and that you should invest the much you are willing to lose, then it means that...

That's basically the fact. I can take you to the mountains or do some hill climbing but even if you are a dummy, I owe it to myself and as an obligation to another to tell him the inherent risk in falling from such height. It is left for the individual to take his own decision after critically...

Well, it is no longer news that the use of the SL is a veritable tool to prevent huge losses but where the problem is is in the placement. everyone would want to use this but not all knows how to implement it. It is just a cool thing that exists in the market and just as you have stated, it is...

Trading full time and in the case of a newbie, learning full time does not mean sacrificing your whole eight hours to trade. Traders rarely trade for that long so a newbie can still trade and retain his job. It doesn't really matter when he does that but the commitment plays a major role.

It is based on this that our fundamental analysis lies. The effect of high impact news will affect the movement of the market, hence, the need not to overlook it. When the news becomes a bad one, it immediately takes a toll on your pairs.

That is the way Forex is. Personally, I don't find it fun always, I mean, a number of times, I am always hit on the wrong side of it and it happens not just once in a while but I believe it is how far my knowledge can take me now, most probably, in no distant time, I will learn to suppress it...

Yes, Forex sounds very easy to almost everybody all around the world. It looks like something anybody irrespective of your social or political affiliation can do but why are there still so many losing a lot in it even when there are those who are humans who still make it. They posses something...

Sure, you only can find it easy to correct that which you created. It is easier and readily accessible to use another person's strategy but when it becomes faulty or needs some amendments, where then will the trader run to for a correction, probably copy another one, no, it doesn't make a good...