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Experts make money either the markets are going up or down. Its up to us what we have to do either making profit or wait for the right move.

Yes the stop loss feature can help us reduce the risks of losing out the entire balance if the odd turn against us.

We should only take risk to that extent which we can afford to lose.

Demo account should be traded for at least a minimum of six months before moving to live trading accounts.

Exactly we have to develop our own strategy because chances are that we can respond to quick changes however the other might be long term traders.

Off course no one make money right over the night, it requires a lot of efforts to learn how to trade and make money in forex.

The traders have to manage a lot of risks including capital, emotional stress, etc.

Whenever we break rules we face problems or even losses too.

There are a lot of brokers available in the market which makes it more difficult finding the right broker these days so we better should do some proper research before finalizing the right broker.

MT4 is also my favorite and it is a good option to trade without hassles.

If i have to choose between any online payment processor then paypal is the best choice in my opinion.

Forex is totally very professional market where we can't rely on our luck only although it may count a little to our success but we need to learn proper skills before we can be able to make money in the forex market.

MT4 or MT5 both are developed by the industry best technology provider so in my opinion they both can be worth using, i am however using the MT4 for now and can't recommend any broker like the others doing. LOL

Although the thread is too old i guess but still no account history found in the winner's trading journal, lol.

Indicators can be one of the best confirmations of market movements however we can add one or two more confirmations along with indicators to initiate any trade. e,g., support/resistance to be combine with the indicator will make more strong analysis of market movement IMO!

Exactly this is what we have been suggesting the new traders to do some thorough research before finalizing the right broker although it will take some time but everyone seems to be in hurry to waste their money actually rather than making some.

That's really sounds great, new comers singing songs for brokers however i can only recommend doing some research and choose from the reputed brokers only like hotforex, octa, fxcm, lmfx, xm, exness etc.

Forex is good and so that the crypto maybe, but since the later is in its in fancy stage and might requires some time to grow. Forex is an evergreen matured market so i prefer trading the currency pairs mostly EURUSD or GBPUSD.

Positive mind can change the whole world and there is no doubts in it.

We can reduce the risks by taking calculated risk and should only invest or take risk to that extent which we can afford to lose.