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Sure, the slogan should still be there as I was on their site some couple of months ago. Yes, it doesn't make sense that a trader makes profit only once in a while. Since, the main purpose of trading is for the profit, it is then wise enough to gain it consistently, though losses are inevitable.

I think I have also heard someone somewhere else say he enjoys doing it for the knowledge. Well his is understandable since he intends making something good out of it somehow in the nearest future but a vast majority of us are in for the money.

And there is no business that has no risk involved. It's just that in Forex, it is highly uncertain and even the elites cannot predict it when the volatility increases. That is basically what makes it bad or unfavorable if compared with others.

I believe a lot that the word consistent has a good role to play in the dream of any trader. It's not about making a one time profit but to remain in the game and see it as a profitable venture because no trader would wish to hit at first and lose subsequently

Quite on point dear, you know, I have this family friend that you dare not discuss anything about Forex around him. He was one of those that knew Forex long before so many but was a major victim of losses and each time you talk about profits in Forex, it really hurts him to hear about it.

Now, there is one thing about specializing in trading strategy. You become a strategist if I must use that word, most times, it is the strategy to analyze the market and make the profit and I doubt if it will teach you not to immediately go into trade when you lose. I think that Forex has a lot...

Not even that there are, all experts lose as well but not consistently. The major players in the industry lose out at some point but not as compared with an average trader and most times it is in a highly volatile market conditions where those losses seem inevitable.

Yes, though it has a 50:50 chance, a greater percentage seem to be on the negative side. So many would wonder if the basis for the statistics was wrong as it should be a half profit, half loss thing. But in my opinion, the majority taking the losing side boils down on that same majority not...

Yes, there is always a difference between an amateur and a professional. Expert traders and which makes them that expert is their skills which cannot be compared with that of the person who is just coming into the system or who has not been long in the system. Both personalities fail in Forex...

And that is why I will always tell whoever that intends coming into Forex to consider his analytical and calculative abilities. Not necessarily that whoever is lacking in these qualities cannot trade but it helps you get along easier than those who may not posses it.

Now the issue or mentioning of foreign currency alone would have let that newbie understand that he is dealing with something unknown to him. This is mainly because we are talking about currencies not controlled by your own country (alone) but by some others. And the exchange rates of these...

Sure they lose, and they will even tell you that having been in Forex for a long time does not mean they have no reason to fail. That is where people liken it to gamble. They tend to believe that since the expert traders lose as well, then one will always say that a newbie could be compared to...

Though making proper analysis is somehow difficult but I think the most of them has to deal with the trends. They vary a lot within a short time and you have to keep yourself updated every now and then if you must be on track. It might be readily available most places online but to keep up with...

Though I am happy to have chosen Forex but it's not the only business that requires small capital and I even doubt if you can earn huge profit with little capital in Forex without first having to lose that your capital. It is really fun doing an international business which requires a little...

I think the concept of these sites in relation to Forex trading is the fact that it substitutes the information on rates one gets from a Broker site. You can easily get currency exchange rates in real time and study them well which could be beneficial for you to draw some basis for analysis.

That is the way it should go but in reality, most traders seem to press harder by opening another/more trades in a bid to recover losses and the result is always disastrous. That is where the basics talked about in Forex learning comes in. The ability for you to control your innermost curiosity...

If we are even talking about a get rich quick business, I think the issue of Forex should be far from this because the much I know about the concept of getting rich quickly is anything that you can do and become rich within the shortest period of time which is not what Forex portrays. Forex...

One of the things I look out for when consulting a Forex book is mainly the source. Forex has taken the lead in terms in online investments and so many people with no proven track record seem to capitalize on this and take advantage of non suspecting public to sell pirated and uninformative...

Forex is an open market where any one of reasonable age can come in, traders and investors alike irrespective of your race, sex and believe though certain tradition, culture and religion forbids it. There are varieties of people who are in one way or the other involved in trading and it ranges...

Generally, skills of this nature are usually acquired as no one was born to know how the economy of a country or particular society will look like. Before one can effectively forecast Forex rates, he must have been skillful enough and has had much experience in trading not just by studying but...