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I think during non business hours and off hours, there is less trends to trade. Therefore, less profits. Also, during off market hours, its the same deal. Also, the onset of the business hours is also not good but you can buy it at a low price. Of course, its beneficial to buy it at a low price...

Forex is a lucrative market. You can make some good money from it. If you're skillful you can make good money from forex. Forex is for everyone who know how to discipline themselves and keep working hard at their strategies. Forex is a great market for those who need extra income. Its great for...

A pro has more knowledge, skills, talent, vision, risks, and capital. They earn more and they have more so they're a different kind of class then normal traders. These could be financial guru who works in finances daily and they know the up and down of forex without having to read much further...

You should read reviews about brokers on Google first to see if they have scammed people. You will find all reviews on Google useful and if it's in a forum it will show up on Google too. If way too many people say that they don't like a certain broker, there could be reasons for that. Popular...

You will surely lose more than you gain without proper knowledge cause in forex, its very difficult and long to make profit so you do have to learn all that you can and then practice in a demo until you can take profit properly and then move to a real account. That is the process. There is no...

You can get help but some people like me learn well on my own and prefer to be independent cause I find that sometimes people are out there to make money and they rip you off so its not like they will give you all that you're looking for. Also, I'm not certain if they're that skillful to help...

You would start with a demo account at a broker and most of them have free demo accounts where you practice with free money or fake money. Of course, this demo is the most valuable thing a trader can use since you will get a chance to gain experiences and its impossible to learn to trade without...

You get to gain some profit while you trade so if you like to make additional money then forex is for you. Forex is useful for those that can trade like pro. If you can gain profit then forex is for you. Of course, we all want to gain some side money. Don't you want some extra money? Unless...

I would say look for one with a good past record of being trustworthy cause you need to be able to do business with trustworthy people and not scam artists. I'm certain there are many scams out there. You need to find one that will allow you to withdraw your money fast and offer many processors...

You must know all you can since knowledge will make you a profitable trader and if you lack knowledge you will not make that much profit. You should also use a demo since it will help you gain a lot of knowledge and experiences. Those will help you avoid losses and mistakes and help you earn...

Yes, I think its helpful in short term trading but not necessary in long term trades since you can exit any time if you see the trends maturing. So, you might want to leave it open in long term trends since you will never know how long it will go to. Now, in short term trend, you might want to...

Steady profit is better than throwing all your money in and get high profit and then lose it all at the next high trades so money management will play a big factor in your trades. You have to control your losses and make steady profit daily rather than high profit and high loss. I guess I...

Risk management will help you in trading as well. When you can lower your risk, you can earn more. Forex is very risky so you have to enter it with full knowledge on how to protect yourself. You can lose all of your money in a matter of a few minutes so make sure you know how to trade and know...

You can break bad habits by controlling yourself. The more you are able to control yourself the more you will be able to profit. I guess not behaving like a gambler will help a lot. When you are calm and cool and enter a trade that has a high chance of giving you profit then you should trade. I...

You would need to learn howto trade iwth lesser risk and use low capital and leverage to lower risk and losses. Also, trade during business hours as there are more trends and good trends to trade rather than during off hours that have bad trends. If you want to network with others, etoro is a...

Yes, you need forex knowledge in order to be successful. Once you learn and know of various methods to take profit hen it helps you to earn. Its all about knowledge and that is how you will gain or lose in forex. Once you know the methods, you will be able to make more money. Its important to...

Yes, news have a lot to do with trading. It could give you a lot of trends to trade. Its good sometimes and not so good at other times. Sometimes, its really bad noise for the long term trader. It will be ok for scalper. But you can expect movements during news release time and its good for...

You mean intuition and I would say yes. My intuition is my guide to where I can make more profit. Its like a sixth sense and it tells me when the trend is about to go downhill or how long it will stay uphill so from your experiences, you can draw out intuition that will help you in your trades...

Forex is very easy to learn. Its no rocket science. If you can read and understand then you can learn forex. What is so hard about it anyways. You buy low and sell high and buy at the right time and use management skills to get ahead of your trades. You would also trade the right pair at the...

I would also read reviews about them. If they offer good reviews then I would use them and if they have bad, scammy reviews then I would avoid them. I also avoid new brokers as they're inexperienced and trying to make money off of you more. I would also avoid those that are not up to date or...