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Some brokers will advice that the trader trades in the Demo for at least a period of one month, got that from youtradefx sometime ago but in the actual sense, it might not just be enough for most traders and I think, a good way is for the trader to, at some point, begin to try out both the real...

Sure, practice exposes a trader the more to get used to the trading environment. It is also almost normal to find a new trader always entertaining fear and this as I see is not a sign of weakness as he is bound to be fearful of the outcome of his investment. Certain times, we hardly deal with...

I guess, that's where the point is. Only when we are able to over look those manipulations that come therein that we will be able to trade more efficiently but to be honest, there are things about some brokers that I still find difficult to understand. Sometimes it sounds as if they smartly play...

Forex having a high job satisfaction rate can as well depend on the trader and his level of skills. There are those who are not really getting the benefits of Forex and manage to have very little profits, to them, Forex might not just be that which is worth going into.

Just me

But they are entirely two different things. I mean, being confident which is very much needed in Forex and becoming over confident which is a bad thing. Yes, if we talk about being confident or courageous, then there is nothing bad in it but when it leads to ego, then there is everything bad...

It is no doubt that the Stop Loss is a veritable risk management tool to minimize losses. It is however not compulsory on any trader but a necessity. That is the dream of all traders to have their degree of losses minimized to a great extent but in a long run, it becomes the most difficult thing...

Mostly, consistent profits is that which gives rise to being over confident and I sense that a trader will be forced to reduce the amount of over confidence or complacency when he gets a loss in between. Over confidence can take a trader from success to failure.

Firstly, you have to understand some things; that losses are just inevitable in Forex, another is that you have to obtain good trading skills before you go into the business, not just doing it because every other person is doing it. Then thirdly, growing your capital doesn't only rely on posting...

That's guts you know. I mean having to run a personal test on any broker you develop interest in and not every trader would do a test run thing for any reason. Though the best experience is a self experience but there could still be reason for one to make reference to other peoples' experience...

Well, having no losses is an unrealistic dream that we can only envisage but not achieve. The issue here should be having lesser losses and making more profit. We should also understand that getting it all right in the Demo account is not an automatic qualification and entrance into the real...

Though forums are still one of the best sources to get a reliable broker, these days due to mixed reactions and feeling about specific brokers which are seen evident in forums and communities will pose some doubt as to the real parameters to determine a good broker.

For me, I allocate some kind of percentage of my monthly income always to Forex so I don't need to touch either my capital or profits for now till when I'm done growing my capital to the extent I want. I have always been such that prefers to have it big in terms of capital and better understand...

I guess that's what makes it appealing to the eye. There are no chances of having that boss dictate for you on how to manage your time. It accords you the opportunity to take care of so many other things and you have lesser chances of interacting with those clients who keep asking unending...

Sure, using such medium where you even have to send such calls as a voice mail to your e-mail inbox is such a right way. I would rather request a call back from a broker or call at a more convenient time than have them bug me especially when the issue of timezone and region comes in.

Sometimes, it really has to do with timezone. Since I trade in the NY market, with my alarm set on, I will have to wake up in the middle of the night. Some other times I had t snooze the alarm only to have woken up much later when the market is already open.

If I take that mentality to Forex, I guess I am only trying to gamble. I often do that when I have to throw some funds to the floor of the betting house. I mean, only yesterday, I was supposed to hang out with some group of friends who I am obliged to host but because two out of the four didn't...

Just like what is obtainable in almost all other sectors or facets of life. There are free but reliable stuffs and there are also paid services which scammers take advantage of, irrespective of the sector where it exists. To someone who is interested in paying for Forex signals, it is much more...

Well, I might not have some prove to that but I believe a lot that there are more to Forex than we can really see. I mean there are things that seem not ordinary when it comes to the way the market is and the way it operates. Sometimes, it makes me think it is being controlled by some kind of...

It is a natural thing and that is why it is believe that Forex is a masculine thing. Weird you might say but true. But in all, it depends on individual and what he believes. Gender might play little or no role when we are simply focused a lot in the business and hope to make it even amidst the...