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Bots are tools and the result will depends on the person using it. That's why its good to have a bot if you know how to trade as you can use bots as a tool to help you trade in forex. Rather than doing it manually you can use bot to trade for you automatically.

In the long run its not about if we can get rich but its about having a good passive income online. Me right now I'm hoping to reach a point in which I can earn 10,000 dollars a month. That's my dream earning in forex. But same time I don't know if I can even reach that point in my life time.

First of all we must not think that indicators are giving information. It don't what we get are just data that we ourselves need to interpret. I'm pointing this out because many newbies claim that indicators give wrong signal. Indicators don't give wrong signal its your interpretation to that...

Since we are just starting. I think no one is born to have good trading skills right away. Its going to take time before we can gain enough experience to help us develop a good trading skills. For me newbies or those who want to start trading in forex what they need is just simple...

But make sure you know how to trade using scalping in demo account first before you going to decide to trade scalping in real account. As scalping is very risky since you can use higher leverage and higher lot size in hoping that when you trade you can make good income out of it in a very short...

I don't see any reason why its not advisable. As far as I know its not advisable to be attached to your open position as you must close your open position if you get some loses and not just hold it and hope that you can still recover. But in term of being attached to trading itself I don't see...

I have a day break for three days and I'm happy that I can spend few hour reading about forex. But after reading two books I just thinking theirs really nothing that chance in me. lols. I mean What I read is logical and I know its really helpful but how to implement it properly that's is the...

In forex you need to be constant in learning and earning. Many don't like to trade in forex because they actually too lazy to try to learn how to trade in forex that they end up getting many mistakes. I do like to trade in forex to earn money and that's why I spend lots of time dedicating in...

Do this broker site has forum in which we can post and earn bonus funds that we can use to trade and make money? I prefer to join a forex broker site that has forums in which we can post and earn bonus funds to trade. In this way we can start trading in forex without any risk and when we already...

Paypal is my second favorite processor. Second only to LR. And I'm hoping that I can earn more and more via paypal also. If I can only earn 500 dollars a month via paypal I'm already happy. But if I can earn 1,000 dollars and above then I can say I can run a family already.

Good thing with okay is that if you have okpay funds you are sure that you can use your okpay or exchange your okpay to any processor without getting your account verified. My account is not verified but I don't have problem using my okpay. Its only that I can't withdraw it straight to my bank...

If you have pro account then just open another account. That's what I do. Problem though is that unlike before when I can just open and verified my account using sms verification. Now that features has been removed. But lucky me since I open many accounts in alertpay using my sims. But I don't...

As long we can get good value to our money the better. Right now I just feel that in our country the value of our currency is getting stronger and stronger and that's why when we exchange our dollar to Peso we end up having less peso. But the good thing is this. We can earn good amount of money...

Knowing to buy and to sell currency means you need to invest our time and effort in learning how to do analysis. Because this is were we going to learn how to trade in forex. The more we can earn good amount of money the more we can learn how to earn big amount. I do hope I can make good income...

One thing I know right now that its easy to loss all of our money in forex than to make money in forex. That's why if we really want to make good income in forex we must make sure that our pocket is deep enough to survive long term volatility. Because in the end its just a waste of time if you...

Forex is a simple exchanging of one currency to another and the spread or the difference of the price is what exchanger earn. I do like to earn good amount of money doing exchanger also. Sad to say we really need to have big capital if we want to put up money exchanger.

Theirs no effect on forex at all. Scalping are for speculator traders only. So theirs really no actual transfer of funds unlike banks and financial institution that is demand and supply driven. That's why some broker site does not allow scalping as its just pure speculative trading.

Forex is very hard to maintain earning. You can earn today but you can end up getting MC tomorrow and earning for a months or even for years does not mean you will not going to get MC. You still can end up getting loses and lots of loses even though you already have some successful trade.

Always have determination to succeed. Forex trading is like climbing mount Everest. Its cold and deadly but once you reach the top its also lonely as theirs only few who actually reach the peak of Mount Everest. That's why when you want to trade in forex make sure you understand the risk that...

For me its better that when you join a broker site just choose a broker site that has forums. In this way you will know if its still good or not as you can communicate with other posters and its best if you can earn bonus funds in which you can use to trade and make money if you make profit as well.