freaky

For me i prefer trading with technical analysis because it makes use of history in analyzing the marke. Once i can predict the market direction through past event, makin profit is mine.

For me i prefer trading with technical analysis because it makes use of history in analyzing the marke. Once i can predict the market direction through past event, makin profit is mine.

Many traders says that demo trading is a waste of time. I don't agree with that. Demo trading is the foundation to having a good result in real trading. It is in demo trading that you have the opportunity to practice and check your trading strategy and see its efficiency before using it in real trading.

Our daily target is based on individuals choice on how much profit to make daily and also the capital been used. For me, my daily target is 20pips to 30pips on daily basis. That's what i can target because of the amount of capital I invested

The biggest deposit that i have made was beginning of this year and that was 1200USD. When i made that deposit, i thought i made a big mistake making that deposit. But at the end i made a good profit out of it.

One of the secret trading tips is to always analyze the market and be able to predict the market to a degree before going into a trade and also making sure that money management is applied in each trade been made.

One of the mistakes traders are likely to make is to trade without Patience. A trader might experience loss and will like to rush into the foreign exchange market to open up a trade and make up for his loss without having a good analysis of the market. this result to loss.

Good and professional traders do not see foreign exchange trading as gambling. I my self don't see it as gambling. Those that see it as gambling are those traders that don't really think that analyzing the market is important, they want to start making huge profit immediately.

Every trader definitely needs a trading plan, it is very important. Not having a trading plan is just like making a travel with a direction to your destination. A good trading plan will bring about a greater profit.

Compounding is not that really important, it all depends on how the trader wants to get his returns. If a trader really want a greater profit then i think compounding will be very important in that case.

Yes you can definitely more funds than you have deposited. Once you are not careful, you don't apply good money management and risk management, you will definitely experience loss.

Every currency pair is good to use in trade, it all depends on the currency pairs you really know how to use. For me, the best currency pair i like using is the EUR/USD pairs.

There is non of them that is too special or better than each other. Fundamental analysis or technical analysis can make more profit when you know how to use them. I think combination of the two will give you a better profit.

Turning a loosing trade into a winning trade is all about having a positive mental attitude towards your trade. If you believe you can still turn your loosing trade to a winning trade you can do it, just monitor your trade and use good risk management

This depends on the level of knowledge a trader operates. For a newbie, i think he needs a small account of capital to start trading like 50USD to 100USD. For me when i started trading, i started with a capital of 300USD.

Time is actually needed in foreign exchange trading in order to maximize profit. For me i spend 5houres to 7 houres daily trading foreign exchange trade. So i think traders that trade full time need to spend more time than i spend.