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If you're a newbie, probably not a good business just yet. I guess it will all depends on each trader and how much they earn. I guess you won't call it a good business if you lose all the time. Its a good business if you're good at it and earn a bit for yourself. I think any business has its ups...

You can buy for the future. There are different ways to invest. You can invest short term or long term but eventually you might get lucky or get bad luck since its hard to predict bad politics and financial crisis and such so something in the future is even more uncertain than the short term. At...

Overall, I rather lose the money myself since having someone who do not care about my money is just a waste of valuable money. I rather have the thrill of losing and at least I can say that I learned how to trade, learned something and had some fun trading and losing and gaining rather than...

Its hard to stick with it if you keep on losing but the market is rather erratic all the time so you do get lucky sometimes so its not always is a bad market. I have encountered bad market sometimes and I get lucky sometimes so there is some thrill in it if you are willing to be patience and...

I also feel the same way. I don't see how someone can trade without practicing in a demo. Its a must and it will help you become an experienced trader. Where will you get the experiences anyways but at the demo site. Even with demo practicing, you will still lose in real life since no one is...

I think before you dream of gaining huge profits, learn how to save your money to pay off your bills first, focus on your day job and then trade. And if you're good at it you will make some profits but lots of newbies lose like mad so that could be your fate as well. I think learning to reduce...

There have been many hacking in bitcoin lately and caused the value of it to slumped. There have been many fraud and scandals and laws regulating things that affects it as well causing it to become somewhat undesirable at this point just like the shutdown of LR. I have a feeling that bitcoins...

I think you're right. Not just quit it but focus on your job and trading at the same time. As long as you're good at it then you're good. I think as long as you're good at what you do then you should be ok. I think if you can make profits in both areas then you're better than a person who just...

I've read so many stories and know that most traders do lose and even pro ones lose even so much more than small cap traders. They lose in the hundred thousands and that even hurt even so much more. I think everyone loses in forex. If they are good then they don't but no one can really predict...

If you do earn some good money then its a gift but if you keep on losing like over eighty percent of the people then its a curse for sure. It will just depends on how it works out and if you earn money or not. Not everyone earns money with forex though. I think its a hazard to some traders as...

I think forex was easy for me to learn but I can't say the same for many others since we all have different intelligence and different learning pace. You would be amazed that some people will never even try to learn it and try to trade like gambling. I just hope that they all get in the habit of...

I don't know why but I think forex will just make the poor poorer. It just seem that way to me. You can say that they might have a chance but the outlook somehow doesn't look good in forex to me. I just think that they're better off sticking to their day jobs. Even the rich lose and become poor...

I would suggest for them to learn and practice as much as they can. I think they should also understand the high risk of losing in forex. They will not understand it until they lose it themselves. Its very easy to lose and quick to lose and hard to earn sometimes so they must watch out for that...

I think online resources are enough unless the person has money to throw away then they can do so. Well, if they can throw money away then why not pay for things anyways. I think some people have that habit where they don't feel good about a good product until they paid for it. Its just a mental...

I think you might make more profits long term but you might also be taking out of trades in spikes and such or bad news days so its kind of scary in long term trade and it doesn't mean that you will always end up making profit in long term trade either. In short term trades, you can make smaller...

Everytime I look at m1, it scares me and it changes so much and you get really confused. Of course you know it will bounce around and so looking at h1 gives me a clearer picture and I know where the direction is heading and so I don't get scare. Also, it bounces less and gives you less headaches.

Forex can definitely sends you into some odd mood for sure if you lose and you need that money to live. I think forex can be detrimental on the mentality of someone who do it for a living. Forex can make you a different person. I urge them to have a side income so they don't have to worry too...

I guess taking your time might make you lose even more since staying in a trade too long could cost you and staying out too long could also cost you. Taking the time might not even pay off though. Although they might be patience but that will not come close to making them a good trader.

Pamm is a miserable way to use your money and you will only lose and lose and even lose high capital. So I advise people to think hard before they use it. Pamm is not that great though. Even you can't even make that much for yourself let alone some guys who do not care for your money. No way for me.

There is no way to excel unless you have significant practice in a demo account. You should spend a lot of time practicing in a demo since it will help you learn technical analysis and then it will help you learn how to trade and make profit. You will learn about it over time. You will...