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You can say that again. It doesn't make any sense one wasting his time and precious investments by trading blindly and I would even say that this could be compared to newbies who wouldn't acquire adequate knowledge before starting up with real account all because they want to join those that...

Now that LR has been taken down, no doubt there are so many along the waiting line with PM presumed to be in the forefront but with recent news about Egopay, I doubt if they will survive this heat that is on them. I recently drained all funds I have with them.

And I think that that which makes Forex the most preferred among so many others is its status. It has a record of over two trillion dollars being traded on a daily basis and no one wouldn't like associating himself with such a record.

It even happened to me that at some point, I was considering what manner of human beings those good traders are. How they got to that point and that quality in them that differentiates them from the crowd.

Quite correct. even when Forex is so complex to comprehend, it doesn't mean one cannot learn or earn from it but as it requires time to gain the knowledge and skills required, not all are willing to stand through this long duration.

I still see it as one of the benefits of Forex Forums. At least, hanging around those forums gives you an insight of what previous traders who must have made patronized the brokers think about them.

I am highly of the opinion that in the nearest future, Forex will most likely take over most other online earning platforms. More so, now that it has been simplidied enough by copytrading.

I simply can't even imagine someone going into Forex without adequate knowledge unless it is a partnership trading. The much we all know as being reported is that over 80% of traders ultimately fail so attempting it without ADEQUATE knowledge will only make you fall in between those 80%.

If you posses these skills and adequate knowledge, then you are not gambling Forex. Gambling as meant is where a new trader envisages a high return from Forex investments without considering knowing more about it. In the case of a knowledgeable person, he is only taking chances.

Well I don't know much about the risks involved when trading from a public connection since you are using software or in the case of a smartphone-an app and not accessing the net directly from browsers.

Though in both cases, there are chances of scam or being scammed but the merits of online trading far outweighs that of offline considering the flexibility.

Generally, we are living in a world of uncertainties and it is these uncertain events that influence that which we do. That said, the word perfection is very far from being real in Forex considering the complex factors which determine the rates.

Then it will be of very much importance if the person wishing to introduce the trade to the other will take adequate time to explain to him the implications and inherent risks in Forex as well.

You know there is this concept and believe newbies have about Forex and that keeps hurting them. The believe that it is only in the real account that you experience trading, that the Demo is nothing but a playong field.

Yes, a Robot works with the concept of 'what you give is what you get'. That is really the major reson it is not ideal for a beginner or newbie because he might not posses the necessary skills to program it well.

Yes, you know, if you want to get the best out of anything, then your money must be involved and Forex is no exception. Taking for instance, an average experienced trader you meet in your neighbourhood wouldn't teach you any reasonable thing if you do not pay him.

Yes there are so many sides to Forex trading but the one that gains much interest, attention and of which everyone is always going after is currency trading.

Well, its true that the bank withdrawal feature makes it possible enough to get noticed but at the same time, from what I read about them when they were still in panama, they have this record of always operating from two different sources as their head office.

Same here, it used to be my favourite back then when I was new into online earning programs. i preferred it because it has a very simplified platform each time I log in to it from a mobile.

Yes there are and there are even those that have very little or no knowledge about online Forex trading, so they would rather stick to that which they are aware of.