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Well, it might sound funny but it's true because I know of one whose main aim is just to be called a good trader. He is relatively rich so the truth behind his claim would not be questioned but there are only few people with that dream, majority are after the money.

To me, the first step to always take when choosing a broker would be if they are regulated. These days, I don't seem to get attracted to the bonuses which some offer because it is something you can get from virtually all of them with the only differe. e being the type and value of the bonuses.

I am yet to believe that theory. Of course, the much I know about Forex is that it provides a level trading ground which is based on rates of currencies mainly influenced by economic, social and security status in the countries which their currencies are traded on.

Yes, remaining focused is a good approach to tackle losses. Not getting discouraged in any form but there are those you just wish it never came because it tends to poison your whole day and even prevents you to open trades the following day. Those ones come mainly when you are almost certain the...

There is a way I have figured out might be the best way to trade especially for someone who is new and with little experience who is also doing it as a part time trade. Just allocate some parts of your monthly earnings from other sources, put them to your trading and keep trading without...

Yes, the possibility exists since I learnt there are PTCs accepting it, how much more Brokers' firm. But before then, a lot of enlightenment needs to be done because I know a lot of people do not know how the Bitcoin of a thing works and the value seems to be very high now.

Yes, the dream of an average trader is to make profits and most probably, use the money to solve some other problems. It is only a countable few that have that intention of becoming traders to be admired. I think it has to do with the passion the person has for it.

Yes of course, no Broker would please its investors and jeopardice the success of the, firm itself. Whatever they give as advice is not binding on the trader to keep or execute, he decides if it will be profitable to him or not.

And there are still times when the trader himself lost from a reason he can't easily explain. Well, one can attribute it to the complex and unpredictable nature of the market. That is why it is advisable to avoid the market when it is highly volatile.

Yes and we can still take it cumulatively on a monthly basis. Just the same way some brokers that give daily reports of the market will still give you a monthly summary of all your transactions within the month.

Yes, Forex needs a lot of concentration especially in that early stage of it. It is not like some businesses which you can easily manouvre and do it the way it pleases you and still get a desired result. Once you have gotten a fair knowledge of it, then you cam easily allocate little time of...

I don't think there is a way we can even compare online and offline Forex trading and by extension, any online business in terms of comfort and convenience. Hence, the major reason so many who may not have been into Forex came into it.

Most times, the major reason experienced traders lose is because they feel over confident. Watch them, those that always fall victim to that are the ones who had huge profits within their last five trades.

If you watch leads to over confidence and subsequently failure among good traders, it is mainly consistent profits. It gradually makes them feel complacent and forgetting that there is are principles of trading and strategies which lead to success.

Some people have very bad emotion when it comes to trade. Greed aside, I know a couple of traders that have a very bad impression about losses. Once he loses, he opens another trade immediately and sometimes with bigger lot sizes and most times, he losses over and again. The next thing is to...

Even here, a lot of people are still involved in it. Some are even training their children into this form of trading and those children will stil grow to trade in it. So in a long run, it might be pretty didficult to be eliminated completely, even when it is very realistic, it will take time.

Exactly, what matters is that we took some good steps to protect that little capital. Even if we are given the whole capital on earth to start trading and there is no Strategy on our own part to safeguard it, it will still diffuse with time and we will be left with nothing.

Hmm! Well I have never seen trading as being easy. I can remember the first time I developed interest in it, I had to quit along the way but this time, I decided to stay put. Trading has never been easy to a new trader and sometimes it gets so complex to analyze the market.

Personally, I have not been recieving the confirmation both as sms and e-mail alert even after subscribing for the e-mail. Since I use the app, I am comfortable with the way I access it but the last time I recieved some funds, the app notified me and it means they have improved the function.

Its not only little people that do hard jobs. Anyone can do it all in a bid to survive but when it comes to Forex, then it doesn't matter if you have been into physical jobs otlr not, what counts then is your mental and analytical skills.