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@gabanda it's good to share one's ideas on forums for discussions. One may get some good suggestions and people participating in that thread can learn something useful.

Well there are advocates for all three types of analysis. And each one says their method is the best. E.g. Technical traders say technical analysis is the best, sentimental analysts say sentimental analysis is the best.

Well what I read before, because of the the chargebacks brokers doesn't support paypal. Many people when they suffer loss they tried to do chargebacks which created problems for brokers.

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This question was asked so many times in so many ways. I use 1:500 leverage and it's comfortable one for me. It only reduces my margin requirement and other than this I don't try to take any kind of advantage from it.

Nice one. On a paper things might sound so simple. Even when backtesting. But when it comes to trading on a live account the real test begins.

This made me lol. I remember witnessing few people posted their charts and there was so many and nasty indicators that I was not able to see the candles properly. lol

Well said. Newbies think this is a place for get rich quick. If this was the case then everyone would be doing it and would do hit and run.

People making mistakes is normal. But not learning from them is might be a bad thing for traders. If they keep repeating the same mistakes again and again, then they will suffer heavy loss. Without improving one does not have a chance to stand in this market.

Good thing you accept that you are responsible for your own actions. Many does not want to accept it. lol If they make profit then it's because of their expertise but if they suffer loss then they put the blame on the market. lol

Keep learning and developing new skills. If these 2 were sufficient then there would not be many failed traders. One must not stop improving but one must have something which bring him or her profit from trading which is why we are in the market.

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Mostly people use floating spreads. But some traders need Fixed spread for their strategy. So brokers like FXOptimax also offer that.

I like what you said. But want to point out that some people confuse knowledge with plan. Knowledge is useless if one can not apply that to his benefit. So what a trader mainly needs is a profitable trading plan.