PROPENSITY100

Though robotic trading has a major advantage over manual trading and that is it is not influence d by emotions. Still I prefer manual trading because in manual trading we can take quick actions and can take corrective measures if we go wrong anytime.

Yes I have used mobile for trading Forex since 1 year. Mobile trading is a good way to keep in touch with the Forex market no matter where we are or where we go, we actually carry the Forex market with us. However I prefer trading on laptop because it is more convenient.

Forex can be used for both short term profits as well as long term investment purposes. IF we are a hard working person and disciplined in our trading then we can use Forex to achieve financial goals. Learning and practice is necessary before we start Forex and make it our business.

we should periodically withdraw our profits and also invest some part of it in safer investment opportunities like insurance or bank deposits. Though here the returns are less but these are also very helpful and never let us to become insolvent.

Learning and improving ourselves consistently is the key to endure in Forex business and profit from it. As we trade Forex we gain experience and with learning always improve ourselves to exploit Forex in a better way.

If we lose continuously then its a serious issue and needs to be considered very carefully. Continuous loss means that we are not good in Forex and needs to further improve ourselves. There fore we should immediately stop Forex at least for the time and revert to the demo account and learn more and practice more.

Demo trading lacks essential elements of real trading which are risk and fear yet it can provide a good platform to practice Forex and gain some working knowledge in it. Every beginner should first learn using a demo account before starting to trade with real money.

Demo trading no emotions and risk are involve while in real trading both emotions and risk are involved. However a demo account provides us a good platform to gain working knowledge and practice in Forex trading and real trading should always be preceeded by demo trading.

No matter how much we learn Forex and how good we become in it we cannot eliminate it fully though we can reduce it. we Should always try to keep our funds sage by following various risk management techniques like for example always consider taking trades that offer at least a 1:2 risk to reward ratio

Learning never stops in Forex and we should always keep our mind ready to absorb and learn new strategies and plans. Its learning and practice that makes us better in Forex. To become successful in Forex trading we should have the attitude of a student toward the Forex market.

I have been trading Forex on mobile since over a year. When we download the trading terminal on our mobile then we are practically in touch with the Forex market no matter where we are or where we go.

Robo's do not have any emotions yet I prefer manual trading because a robot does only what it is programmed to do and cannot make quick decisions or correct a position if some mistakes occur. All Robots and expert advisers fail at one point or other and at that the result can be a great loss.

Forex for me is the best money making opportunity on the net. Forex is the mighty potential market before which other capital markets look paltry. However Forex is not a place where we can just enter make money and come out with profits. It needs hard work and practice to profit form this potential giant.

Learning makes us a good trader. A person should learn money management and risk control before entering the Forex market. We should never take high risk with a view to make quick or high returns.

Forex is a risky business and we should not rely upon it solely to sustain ourselves, Forex can be viewed as an additional source of income which can be used to achieve financial goals. Its not prudent to make Forex our only source of income due to the risk involved in it.

Its the amount of knowledge that makes us profitable in Forex and not the amount of capital. I usually never risk my entire capital or a major part of it on a single day or trade. I usually invest about 20 % of the capital that I allot for Forex trading.

I do not think luck has even a minor part to play in success of trader. Its our knowledge and ahrd work that makes us a good trader. Of course experience also helps to become good in Forex.

With a turnover of about 4 trillion $ Forex market is simply the giant before which other capital market are dwarfs. Forex market is becoming more and more popular because of its immense potential to generate wealth and possibility to earn great additional income.

Forex is a potential market with extreme possibilities. However it can be very risky and bad experience if we do not care to learn about it before jumping into Forex trading. Without knowledge Forex trading is simply gambling. To earn from it for a long time we need to become fit to enter the Forex market by learning Forex and practicing using a demo account.

Choosing the right leverage is very important. Leverage can not only increase our profits but also the chances to lose our capital. I prefer using higher leverage when scalping and lower leverage while doing news based trading. when we increase the leverage its prudent to keep the deposit low.

What you wrote are just the basics about Forex trading like abcd when learning a language. One should of course start learning from the basics but gradually improve his knowledge to excel in Forex.To exploit Forex and start earning from it we should have proper knowledge and understanding about Forex and its various strategies.

I think we should avoid trading everyday and give breaks in between trading. These breaks are healthy for our health and for our trading as well. Its better to trade when we explore opportunities in the Forex market rather than on a daily basis. Planned trading is better than hectic trading.

Thinking Forex is easy and jumping into it directly without making efforts is a serious mistake and may have bitter consequences.Its essential to learn and practice Forex trading using a demo account before entering the real trading. we can also use a cent account with low deposit to further test our plans and skills.

Forex is not good its simply the best investment option available today. Forex market is the mighty giant before which other capital markets appear dwarf. However to exploit this potential market we should have the necessary skills and knowledge in Forex.

Demo account are a great things to try Forex. However do we actually practice in demo account? While participating in demo contests our aim is to multiple our capital as fast as we can and, do planning and strategies have any place in it? Can we trade with real money in the way we trade in a demo contest? Obviously the answer to these questions is a big N so profits made in a demo account should not be used to estimate our skills and knowledge in Forex.