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Well, this was one of the first thing I was thought even before laying my hand on any book. It comes with the popular Forex term of "do not invest that which you cannot lose". In the actual sense, I have set out the extent at which I see as my own loss bearing point in every 24 hours and each...

The convenience of online trading cannot be over emphasized. These days, one can easily trade on the go with trading applications which are compatible with operating systems like the android and windows without having to face his computer system.

Sure, one thing I have even discovered these days is that so many people tend to move with that which they think is the rave of the moment, and it is that concept that breeds so many fake things we see in life. Currently, the business everyone wants to hear is Forex and that is why each time you...

I think you are just being lucky man. My own is that I tried creating an account with this STP of a processor and on the point of concluding the registration, I got a site report that the maximum number of users for this IP has been reached. It wasn't funny as I am the only one using my internet...

Please understand it first. I said that the dream to become a millionaire at an early stage is what poisons (spoils) their (newbies) mind. Yes, you can become a millionaire in Forex but only if you work hard with patience and practical learning coupled with good capital but it's not something...

I've never viewed Forex as a money machine since it involves not just your capital but your hard work so that your investment will pay. It is not something you put in your money and go for leisure waiting for the pay day bell to ring. This is something that cannot be associated with money factory.

Sure, and that is why experts advice that we trade in a calm and serene atmosphere. Frustration is inevitable in Forex and lack of concentration is something we have to deal with which mostly result in long hours of trading.

Yes, I will always believe that they have some similarities but basically not the same and to me, it seems the similarities close up depending on the type of gambling. Maybe you are seeing gambling from the lay man's perspective of it and seeing Forex trading from a professional view. If you...

Yes, that is what makes Forex highly uncertain and a business of probabilities and tendencies. Most times, the market tilts towards an unfavourable condition and there is absolutely nothing one can do about it since it is beyond our control but then, with adequate skills, you can properly...

That's correct, they are just inter-related because without knowledge, you can't have the experience and without experience in Forex, then your knowledge cannot take you beyond where you are. Also, we keep on acquiring knowledge and endless experience in a bid to gain more skills which is...

Well, I think Forex is good business, provided you know and understand it. It is a business that gives you your time to manage (though there are good trading times), you are not restricted from taking care of other things and as well not restricted to a particular location before you can...

Yes, Forex is truly about forecast and tendencies analysed with respect to the market conditions. It is not a business of certainties though with experience, your analysis can easily tilt towards that which is happening in the real market but that isn't always an assurance.

This is the most important part of Forex and I think, the real deal of Forex. It all bothers on the law of demand and supply as well as the economic standing and political activities going on the major countries which their currencies are traded. That is why it is necessary to do a detailed...

Actually, there are certain people that trade in Forex unknowingly. Before I used to think that trading in Forex has another different perspective from the usual buying and selling or the casual exchange that we do on any exchange shop or in banks. It was much later on that I realized that they...

First of all, I didn't use must, so I didn't mandate anyone. Secondly, I said I won't advice the unskilled to go for Robots and depend on luck., an advice and finally, the skilled can manage it better. The cost of Robotics has nothing to do with who uses it. I still maintain that we can't easily...

Then I think what you need is a counselor that can help you manage it. There is this thing about Forex that if you are not disciplined enough to suppress your thoughts, imaginations, curiosity and anxiety, you will keep losing even when you have made some profits.

Yes, I believe that Forex is something that grows with time and making profit out of it is not like gambling that you can hit immediately. That is why I do not associate it with luck. Just like the instance you gave about those of us posting here, majority have not started making it big but...

Then you are taking it as a part time job, though not the best part time job for you. You make little profit from it and mainly because you are not an expert. There are people that would still input the amount of time that you do put and make more money from it. It all depends on your level of...

That is where the saying comes; though every body can do Forex, but everyone cannot succeed in Forex. An emphasis or comparison could be give in relation to three friends that went to study in an institution of higher learning. The first came out with first class, the second with a pass level...

Yeah, it's not a bad thing as well to take the bull by the horns and perhaps trade by chance after doing both your technical and fundamental analysis. Though it is not something that comes all the time, I can only do that when I think the market is tilting towards my analysis.