I think the reason people want to join the forex trading is because they see some money from it. They don't see the hard work and the effort that are being put into that. I am not sure there are people who want to use the forex for their income 100%. If they do something like that then they may...
Like I said earlier, the lack of funds is not a loss. It is like lack of fuel and the care never begin to have race with others. I have seen that some of the times we have to just rely on our small funds and then begin from there. That is what works most of the time for many of us.
I don't think same strategy helps people all the time. Some of the actions don't give much returns at all. this is something we have to learn as we slowly investing into the forex. there are times when the market does move quickly and also have some limits for us to invest there.
Most of the people who invest into the forex the amount like say 100$ or less can't expect much from the trading business. There are times when the people are considering the forex as serious yet they don't have much capital so the expectations need to be on the basis of the capital.
Most of the time newbies can take a look at the news and understand how they can use the news for their trading decision. not all the type of the news are going to help the person to trade. In some cases people end up not taking serious action and sometimes they take wrong actions.
Many traders who lose in the trade feels like not able to trade again. I just don't consider that having the good mood is not going to be useful for yourself. There are times when the people are taking time to learn when they lose and that seems to be good attitude as well.
I think if not PAMM you can always trade in options and Gold. That is also one way to diversify the spending. Because many of the traders invest into the forex like that. I would be considering the diversification with that amount and It would be wise to have some amount to invest with taking...
Yes math and the science as it is adding the stress into the lives of average students. You can see that students of all the type are not going to be coping wiht the stress if the subject like forex is added. as much tempting it feels with the money. It is not the right way to make money off the...
Yes, having 500$ or more is necessary. I can tell you for sure that people who have large income should consider the forex or the options trading. You can see that gold and the stock trading is also good there. You may find that under 100 bucks trading is not that high for many of us.
Yes, PAMM via the liteforex is coming up as an exciting option. I am sure many people are already aware of the PAMM and maanged option. the risk over there is only with the business way. That said, it would be worth having such business if that is going to be giving us good returns. That is what...
Greed is what makes and breaks in the business and the earning. I mean consider that greed is something you have to consider while doing the trading business because your attitude towards the business is going to be helping with the earning. So watch out with the greed while taking actions.
I think it is not safe to do the business with the unregulated broker. You have to make sure that regulation with the forex, otherwise there seems to be no point in trading. You can rather invest into gambling than investing into the unregulated broker. That is what we have to consider there as...
I think forex as better business is misconception. We can make forex a good business but how many business we see in real life that are dependent on the forex? I mean forex can be good in terms of the results but overall we have to make sure that business needs to be consistent to make sense.
As much as people advocate for adding the forex and trading into the school. I think that is too much. The school is hard to manage while we do trade. Because I think school is for the learning some fundamentals not some real world stuff that increases stress in lives of students.
I think diversification is the key. I mean if you spend money like say 100 $ per time into the forex trading like say PAMM then you can see that such investment can be useful. You just have to make sure that you don't spend all the money. Try to find the investment that multiplies your income...
I think money spending is all about priority. You may sometimes make money and some of the time you may not make that much money. So you have to be very careful about the trading and make sure you earn the money or else either way you spend the money and don't earn much money from them.
I think forex can be realistically good for the income. You just have to earn say like 50 bucks a day and things can be good for you financially. I personally don't think that forex can replace many jobs out there unless we earn like say 100 bucks a day. If we manage to do that then that is...
Zulu trade makes use of the copy trading feature so that is good for those who are not much into the trading and the rapid speed of the trading makes it harder to use the copy trading. I personally think PAMM is better as it takes away the risk of your bad trading strategies but makes you...
I think the real skill is in finding a good money manager or the investor (term for the person who does the trading). Once you find that person who is reliable and can do trading for you then you will find that such investment is more safe compared than anything else even better than solo trading.
PAMM is not for newcomers? Why is that? PAMM does not involve active trading. You just have to learn to find the good money managers and once you do that then you would do better with the trading practice. I know one thing for sure that newbies should use group trading or PAMM instead of...