I learned my basics from there and I am totally biased towards them. They are good and know what kind of contents are there, I also suggest others to read that school.
Babypips FF & FPA are good sites. But on youtube videos I have doubts. Though sometimes I watch videos there but don't know how good those people are who are making those videos.
Yeah investors have different mentality from traders. Also their skills are different from us. Also they do various types of analysis on traders trading statements.
1:50 lol? That's way too low and also NFA imposed this leverage for all US citizens. You use high margin. In my opinion as long as you are comfortable with that then it's fine. I use the 1:500 leverage and very comfortable with it.
Yeah you are right. With free money people tend to get careless similar to demo. That's why I prefer to use my own money even if it is small.
Right. There are lots of useful materials out there. But in my opinion we need to have mastery over something we are comfortable with and can make...
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Just my opinion, others can disagree if they think. Beyond 1:400 one does not need any more leverage. 1:1000 or 1:2000 or more leverage is not necessary if a trader trades with proper risk management.
I doubt MT4 will be replaced anytime soon. May be in distant future but not anytime soon. Traders just can't move on when it comes to using trading platform.
I am not that fond of trading with bonus funds. I personally dislike it. It is better to rely on my own money even if it is a small amount. That way I will try my best to protect it and won't be careless.
For retail traders it is better to stay away from high impact news. In most cases we will be at disadvantage during those news times. So when you know you are weak at some certain point better stay on the sidelines.
Yeah. That's right. It happened with me as well when I was new. lol Nothing to be ashamed about. We learn from our experiences and that's what counts in the long run.
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