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There are many brokers in the market right now however as per the reputation parameters this broker has spent a long time in the market serving its customers well.

I think it is because it is also one of the safe heaven assets so most institutions and financial investors chase gold for secure their funds and investments.

Patience and sticking to the trade management plan is the first thing before hunting any quality setups.

I see the gold is usually event driven asset class and tends to move in any direction according to the global news impacts so we need to be careful while handling gold stuff and oil too.

We need to do some thotough research like shortlisting broker and then testing them, finding their reviews online and then finalizing them finally for funding them for trades.

Most of the PAMM accounts requires thorough research to find the right PAMM manager which have consistent profitabilty however the same is now getting replaced with the copy trading facilities offered by many brokers like hfm etc.

They do not learn the basic mechanics because they have a mindset of pushing buttons like a casino to make money right away however the gambling mentality does not works in forex.

Those who get the family support eventually become a strong support to their family once they succeed.

These new traders being unaware of the market conditions should keep the leverage low in start since high leverages claim higher damages as well.

The successful forex traders have one thing in common which is focus and discipline.

The traders usually enjoys a lot of perks which other normally dream of having such things in their lives.

We need a demo to back test and practice what we learn while studying so even if we lose these demo accounts come up with free virtual funds so we does not lose anything in actual however we learn a lesson from our mistakes.

All what we have learnt from the past experience is that high leverages can claim higher damages too however doing some of your own research can be a good way to find something good for a US citizen.

Gold and silver already making good all time highs however yesterday's retracement might have surprised many of these bull traders.

Just check the lmgx price again and it will surprise you.

Some borkers like hfm etc also providing Autochartist tools for analysing these charts as well.

Thanks for the agreement, when someone compliments for knowing something good from these forums it make feels good.

It seems really hard recommending any brokers these days since many new joining the industry while some of them winding up as well like we have some bad examples of the past where even regulated traders turned in scam over the night. Better to go and shortlist those broker which have spend time...

Lack of knowledge is the primary reason for losing in forex, 2nd reason is they think that forex is easy whereas it is not that easy as it looks like and requires skills to make money out of this marketplace.

The sessions opening time and overlaps usually bring some of good volatilty in market which can be helpful in to combine as a cofirmation to take trade. Veteran traders usually take one or two confirmations before taking any trades.