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Overconfidence is the main reason for getting losses. Many good traders get loss for mistakes done for overconfidence. I always stay focused and try to make small profits instead of big one.

Yes, demo trading is very effective for the beginners. Because this is the platform where they can practice alot without any real money and risk. So they can experiment and invent their strategies. This will help them at real trading.

Whether it is long term, mid term, short term or scalping, there are always risk of facing loss if you don't have the market report. So the main factor for the newbie is to gain knowledge about the market before deciding to invest.

I don't the exact reason behind this. But maybe brokers don't allow scalping to avoid server overload. As scalping increases the traffic and this can affect the server. And if the server gets down then many traders will suffer.

I don't have that much idea about the bitcoins. If the price of the bitcoin is decreasing day by day then really there is no chance of gaining popularity of using bitcoin at trading. Because as the expenses is going up day by day, everybody's expectation is also increasing day by day.

You are right Decub. Newbies who comes in forex trading have a strong hunger of earning money and thats why most of them are unable to think what is good for them. Even i think instead of investing own money they should use forum posting bonus for trading.

If you have adequate knowledge and money then you can trade with crude and gold. I have not traded with crude but i am trading with gold for years. Trading with gold and crude for long term is very profitable.

Being inconfident or overconfident is very bad at forex trading. Both can make you suffer big loss. So while learning forex trading, every trader should learn to control emotions so that we can stay stress free while trading.

It is the summer time. And it is very hot at afternoon. And i think that people will choose to trade online by sitting at home and relax rather than to go outside hot sunny day to some broker and to manage your trading. Isn't It.?

As everybody knows that forex trading contains lots of risks. One simple mistake can make you suffer a huge loss. So to maintain everything in balance you have to think alot. And this put a stress on your mind. Whenever i get stressed, i stop trading and relax for few minutes by closing eyes...

When i was newbie, i had practiced alot at demo account. There was a time when i got very confident while trading at demo account and earned good profits. But when i started trading at real account, i lost my confidence and became nervous. But i tried to build up my confidence with a time. Do...

Newbie should start from learning ABCD of forex. What is forex.? What can we do with it.? How the forex trading works. The best place to learn about this thing is babypips. Then choose a broker and create a demo account. Practice and learn at demo account. Then after that trade at live account.

I don't think it is a secret because secret is that which is kept hidden. This all are the key skills to make your place at forex trading. And it is not a cup of tea for everyone. That's why it is not possible to make money at forex for everyone.

Well, forex trading is one of the business which can be started with lowest amount and can change your lifestyle. Yes, it is true that for that you need adequate knowledge about forex trading and have to give good effort.

Scalping is not a joke or a piece of cake to learn. You need a good knowledge of forex trading and market. And it is not possible for newbie to learn this things easily in a day. And while trading a newbie can get nervous, and it is not recommended while scalping.

It is true that if you are not using stop loss then you are taking a big big risk. But it is also true that market never goes up or down straight. There must be some bounce. So while trading you must give some space for unexpected bouncing. If you don't give that space, then you can lose some...

Trading with demo account is same like taking test exam before final exam to know that how much you are well prepared. So more you prepare at the test, more you get benefited and confidence while final exam, means live trading.

I don't think binary is like gambling. And Forex, binary and lottery is all the same. Every thing in this things are based on logic and calculation. If you are able to crack the calculation, then you can win not only in lottery but also in binary and forex.

We, i don't like to trade with exotic pairs because the spreads are very high. And there are many other good pairs to trade with low spread. Then why to take risk with exotic pairs. Isn't it.? Trading with exotic pairs only preferred for expert traders.

I don't know the correct answer. But i think that if the country gets bankrupt, then it may affect the brokers in some way. If country gets bankrupt then the value of the currency will go down. So on the the money deposited at brokers will also affect.