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I think this might just depend on the trader. For me, Forex doesn't affect every other thing I do. I mean,it has its own time and I only trade at my spare time. I am yet to give it that much priority to eat deeper into my time or my other activities. It is Forex and it is a side income for me...

It is a simple fact that works not only in Forex but other things. Though perfection is one thing that is difficult to come by but the more we learn, the better trader we shall make. Practice helps a trader in no small way to get over the hurdles of learning easier.

I see the two things lying in opposite sites to each other. A greedy trader hardly fears about anything that would come out of his trade. He is always filled with confidence, call it over confidence and/or Ego but he trades with full assurance that he would make progress and success from his...

I wish I could see Forex as such a sports it even any other hobby. I mean, where I needn't do any kind of preparation before I trade. Some kinda know when to go in and do what I know how to do best. But in a long run, Forex can just be fun and enjoying when the knowledge is there and when there...

The trader just have to take the lesson teaching part of it which is learning from his mistakes which led to the losses. Losing is just one of the ways to learn, not the best way though but one of the most effective. Obviously, no trader would smile over losses because of the ill effect both on...

And I think that one of the things that make a trader either good or bad is his ability to take decisions without having to allow his instincts speak for him. A good trader should be able to analyze the market well before trading. Perhaps one of the reasons a trader will lose so much is acting...

Really I see it from the angle of; if you ain't ready, never plan to make it your source of income, or better put, only source of income. It can only get better when there is more to earn than to lose. Forex no doubt is fun and worth making a source of income but when the knowledge is there.

Sure, you don't need to move an inch away from your house, you need not pay for any advert, you needn't print hand bills to create awareness. That is just the best part of it. Forex offers you a wide range of opportunities to earn from the comfort of your home and you needn't stress yourself...

That's just it. Forex will only get easier when we have the knowledge and skills to trade. It doesn't just come freely that way and the more we learn, the more we will know and the easier we find it earning. That is why Forex becomes so hectic and a very difficult nut to crack when it comes to...

You know, I don't even blame those who give up in Forex, this is because Forex has the capacity to frustrate you out of it if you are not determined and patient with it. You find out that no matter how hard you try, the losses still keep coming at that early stage.

Quite true, but there are just those times when the trend of the market suddenly moves against you and you would have little or no option rather than cut losses and go with the new trend or simply close your trades. Well, effective risk management systems are always the best ways to tackle the...

From the way you are sounding,it seems this payment processor is even bigger than I think to the extent of having their own card but I doubt if it's that popular in Africa. If it even grants most African countries the opportunity to register with them.

That is one of the things so synonymous with some of the regulated payment processors. Just a suspect of irregularities will grant you a ban either proven or not. But I think most times, the ban comes to unverified account holders.

Even when they might not know it all, they know far much better than we do and they can do a lot of things we dare not do. they understand perfectly when it is ripe to enter the market and when not to. Their trading strategies make them more money than ours.

Forex, the much I know is more complex than just reading and cramming as though you are preparing for some kind of lecture you want to give or trying to prove a theory. There are more to it than that which is always said of it and that is where the real learning of Forex comes in.

Commodities are generally expensive to handle. Ranging from the huge capital requirement for starting up up to the spread fee. I also feel it is something that should be considered after some careful consideration of the currency pairs which capital wise, can easily be started by a newbie.

Even at that, building a career in Forex isn't that easy. It is a place where you firstly have to go and try to see if you can fit in well into it. A lot of people would want to or hope in making Forex a safe haven for themselves only to end up seeing the opposite when they eventually come into it.

And then, even the use of stop loss or the setting of the stop loss should be done effectively too. Also, a trader should avoid emotions of any form and only trade when they feel there is need to or when they have to some extent, done some better analysis of the market and not just batching into...

It is the news that makes the market. That is the more reason why you find out that a lot of experienced traders are not just trading everyday. They quietly and carefully watch the news releases and have a feel of what the market would likely bring and channel their trades towards that. It's not...

To me, this is a subtle way of asking if it's good to be greedy. Hell no. The more The expectations, The higher The risk, more so, when the expectation is undeserving, it becomes more of trying to plot your own failure yourself. Expecting more than a person deserves in Forex could be one of the...