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Well i again doesn't really get what you want to say but let me guess here that you want to say that we should keep learning so we will increase our skills(or experience) and those which make us more successful, right? If it is the case, i am sure that is the most common advice, a lot of traders who suffered from pain and could be called seasoned trader would give that advice, however doing it and talk is different thing, most newbie cannot even do a consistent trading(not about making profit) usually they switch their strategy just in few days even before make them familiar with one strategy, or just with few losses they start to change or even quit.

Capital that suit your trading skill. Well i can say that is what we need isn't it? But how to measure this? I mean how can you say that your for example: $500 is suitable for your skills? or $1000 for your current skill? This measurement is hard to decide, but to keep in your mind that you can use your average total profit for certain time to see how good you are at handle money, re-evaluate your trading history also give you better view about your skill and you can guess how much money you can handle

@gaban: And not just that thanks to leverage and lower minimum deposit usually if you want to act as passive investor, the minimum deposit of your pamm manager usually ask is lower than the same high risk business such as stock. This what makes forex as lucrative investment not just for active investment(where you trade your money) but for passive investment.

@onyx: But there are some indicators that complement each others, give trader a better insight of trend and with that a trader may predict movement in accurate way rather than just employ one indicator. But as i said before put too much or a lot of indicators will lead to confusion, just put in right amount 2, 3 or even up to 4 or 5 are enough.

@onyx: But there are some indicators that complement each others, give trader a better insight of trend and with that a trader may predict movement in accurate way rather than just employ one indicator. But as i said before put too much or a lot of indicators will lead to confusion, just put in right amount 2, 3 or even up to 4 or 5 are enough.

Logicaly you are right about that, think about it once more. If we don't have any control above of our emotions, we simply go wild and crazy. To think that someone to control over trading with that kind of attitude is exceptionals but no one could do that, they will abandon or simply blindly trade, that is not control but uncontrollable.

Maybe that broker isn't a good broker. Scalping is just like other strategy, but the best possibility for this cases is actually comes from the load of their server and connected to the previous issue, if a broker is a good and reputable brokers, having big or massive order isn't a big deal.

I think monetary policy is also one of the factor that affected currency pirce, usually Central Bank trying to intervene the market so their currency still able to survive depend on the situation. This is use some policy that will favour one country's currency and if that happens to major pairs, the price will move.

Well if we want to be honest cyrptocurrency also has some places, in fact the price could soar before aside from its popularity as the alternative and new way to pay something but also thanks to speculation from speculators/traders whose trade it, drove the price to another whole level.

Even like that it is not always when breakout happen the price will rise, usually it takes more than just that, there are some times where you can see that brekaout won't happen even resistance or support has been broken, because usually it needs more support to see if the price will support that trend/movement.

I absolutely agree with that, but i would say it is not just simply because of our skills i mean trading one but also many aspect, it is useless if you have good talent you still cannot trade well because of your emotions, you know there are some potential traders but in the end they cannot make much profit thanks to their greediness.

Guide and guide, well all technical analysis will help you to make profit and this what makes you have some kind of guide. FX become easier with it(price action) but also with other type of analysis. Price action is based on candlestick formation,so it still debatable either it will give more accurate view about market's trend, usually you combine price action with other indicators.

Gap will give a strong movement to pair either it is bullish or bearish. Gap also become a clear indication that the price has the higher chance of following the trend, but remember it is not always happen, just usually happened all them, even correction cannot turn back the price especially with large gaps.

Well i am truly confused with what you said but i think i get the glimpse. Well cost of trading come from many factors like spread or comission, your loss, your time that you spend and so on. Loss is a cost you must bear, and profit is what you earn so it is simple. You must earn much more than you lose, much more than the time you spend on forex + spread/comission. Simple isn't it? and you don't have beat around the bush.

It is a well-know thing in foreign exchange, we already know about how good forex is and how fast it is moving thanks to its liquidity plus its never ending stop market. Since it never stops the price will always fluctuate and people from all over the world, without any centralized exchange can influence the price thus make fx's price dynamic.

If you check the original poster's post then you should know about it. Something that i prefer to do in forex is think about the risk and how to handle it, focusing when trade, never let any kind of emotion to disturb me since all my decision based on data or my pure analysis. And don't things to do is Mixing emotions which i think is suck for trader, and impatience to the market.

Oh my gosh, you don't have to i already know about what you want to say here, To be exact we need separate it isn't it? So don't try to let it it live in your mind! Control it? LOL i've never know somebody can control their greed or fear. If you control it then it means you trade with it and trade with it is a very bad idea.

As for the tax, it is partially true or at least it is different to each country where you live some taxing higher while others lower than that. Also for difficulty level, well forex is one of the most dynamic market ever with big size so it is difficult like others, even with low barrier but the potential of you to lose your money is big.

Just the basic one you don't have to memorize it too, just make yourself familiar with this and then you can start some conversation with some traders in forum without need to think too much or scratch your own head. Fx terminologies sometimes confusing but it is actually quite enjoyable.

Scam brokers also has low spread. But this is just marketing gimmick to get more victim as much as they can. Bucketshop broker is one of the type where it offers low spread, fixed and usually zero spread! Is there any broker that offers no spread? Of course there isn't, if there is then that broker must be taxing you through comission later.

This not about forex robot it's about social trading or copy trading in here you will be able to copy someone's strategy so when someone closed their position , the system will automatically closed your position too, could be in exactly the same time or just with a bit delay. This concept is new and many newcomers or even experts one that love it. If you ever heard signal that is one of the thing which Social Trading has.

Help to achieve? Then YES, All depend on trader's hand, their skills, and also their brain. It doesn't matter if you have bonus or not each time you make a deposit, all what you need to care is how to trade well and make profit while at the same time also trying to minimize the risk. Doing that as whole you will find that deposit isn't really necessary.

They know what they are doing, that is why they want to use EA. Usually this can be done but just with small amount of money relatively to the main capital that handled by human. But don't get me wrong the amount of that "small" amount is enermous. Major Banks, Medium to Small Banks and few Forex based Corporation use robot to do speculation.

As far as i know about this material that not all brokers accept that but still possible the only reason why it would be so hard is because what i said before, it doesn't accepted in most brokers. But bucketshop usually agree with this kind of terms, some people prefer 2 account in one broker to do hedging.

I agree with it, mostly traders who rarely experienced trade online would suffer such an issue, it is simple mentally strained then don't trade and if original poster ask about why he mentally strained for sure the reason behind it is forex, the previous trading. Usually people cannot cope with theier emotion instead they feel disappointed with it.