HarryPotter

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I think that our experience in trading is the most significant to find other learning we will have in forex. Not all knowledge can just be found in only the reading but also when we do or implementation and application of such. It's the hands on learning where we usually understand more the market that we can't write down or explain well.

When we have enough experience in forex then I think we can spend our time as professional trader in forex, if not then it is better not to spend your time for nothing, I mean spend your time for what you need in forex, when you are newbie so you will improve your skill efficiently.

I see that trading plan is the difference between being profitable or not which is why its actually very important have one if you want to increase your chances or being profitable. Without one you are unlikely to make consistent profits out of your trading and therefore would just encounter losses along the way.

About me I see that there are no shortcuts to success in forex. The best and the most important way to earn in forex is through complete forex learning and through continuous forex practice to make our trading skills are better and more better.

Well, in forex trading, we will not simply have to trade with the capital in our trading account but to understand our different emotions and how to manage it properly during our trading. So, this is important because of the interference in our decisions and trading, although this is not simplest but the only way to proceed on strengthening our trading strategy.

The slightest chance that we get every day should be utilized as well as possible especially those of us who only have a small capital which is not possible using a long-term strategy to gain huge profits must be smart to take advantage of existing opportunities, however small profit we get every day, but with persistence and patience in the end we will get maximum results.

Indeed there is incorrectness of your words, for a newbie who does not know the true meaning of the forex they can say that forex trading with gambling, where we put our capital in a position and then wait to see if we win or not, it's the outline for newbie do not know the true meaning of forex.

It will be not easy to trade even in one pair because, we should learn the pair and it's relationship in other pairs which have directly effect in the said pair. It's obvious that we need to learn about other pairs to have better trading because; we will just have limited information in a certain pair which we can't maximize the potential of making profits.

An initial investment of $50-$100 would be a good start. In this way you can easily see your money grow than investing in small amounts. But you should be aware that you could last that capital but not instantly. Psychologically it also helps your mind compensate with a loss because you still have some money remaining than start in small amounts and get wiped out from the start.

In forex trading God give us sense of comprehension and learning ability, I do believe that with right nurture of our own skills we can actually make good profit in forex trading. I do love to trade but I did loss lots of money in forex trading before I even earn good amount of money in here. Believe me in forex trading it's hard to make a good living if you don't know how to adjust and anticipate price movement.

I spent about 3-5 hours only on daily basis trading with scalping, and the number of trade I will enter is about 21-22, and I will also spent 2 hours learning new things with respect to forex, after this I will close everything that has to do with forex for the day and went in for some others thing, and am not retreating it because as before when I used to spent the whole day on trading I always run into loss

Well, traders will be unable to control their own luck and what they can do is keep to enrich their knowledge about forex and experience in trading. With that, trader will able to predict price movement more accurately and execute order more logically. Ignore the luck factor and keep stick with the factor that able to make traders success.

I see that you have to always be realistic at the same time though so that you don’t end up crossing the line into greediness. Like in every business you have to start somewhere and work your way up because the aim is to make more profits in trading but within realistic terms while you improve your trading skills.

It will be useful if traders plan to make order with higher lot. But if already satisfied with the current lot order and not plan to add it, then compounding is not necessary. I prefer to compound the profit I get because I want to make my deposit money increased and plan to make order with higher lot.

I would not consider going into forex on a fulltime basis because I still enjoy getting other revenue streams that make good earnings for me and leaving that at the moment for trading fulltime may not be the best for me at this stage because of my trading experience.

In demo accounts we are very confident and we are very patient in waiting to have big profit. While in real account we are quite so afraid and even close the position immediately. I don't know if demo will give us good performance if we are in the real trading. The mind set does change if we trade for real money. We become a bit more cautious with our trades and do get excited looking at the small profits.

Actually robots aren't flexible. that is fact, as we know robot is a code, and they will only do what the code want and you know market is moving every day and even move very fast more than we ever know, so that is forex disadvantages, but beside of it there are some too.

It's difficult as the price changes every day that we did not know then we are required to keep learning every day looking for the best strategy in addition to that, we should really be able to hone our skills in analyzing price movements that occur and are always looking for the latest information on currency trading, because with the latest information provided by our currency trading expert can determine the position of a good trade.

We would not need to keep on investing money on forex. We can invest one time and just keep on trading with that amount as long as you know how to trade well you would not hit MC. But we can trade for long term. So I'm just going to keep on trading for a very long time.

I prefer live if theirs a live mentor because I can see facial reactions and some personal questions that online questioning and teaching can't be learn. I really want to do some workshop as I can directly interact on how to trade in forex trading and earn money from it. But I guess its going to take some times before I can find a right person to teach me.

You should be careful with free no deposit bonus from broker, my experience recently, a broker offering free bonus deposit in pretty large amount with the condition that is not too difficult, but at the time I want to draw profits, there are additional requirements that must be I filled, with make quite large volume trading and quite difficult to filled.

Therein lies the human selfishness only see ads that promise riches in a short time he will follow what the ad said and dared to give a large enough capital to achieve multiple benefits, without considering the long-term. In forex were so many already are lured to use the capital when they do not understand how berdangan in forex, which in the end is not a profit

It is unavoidable of not losing at some point. Every one would experience loss at one point of another. it is hard to believe even if the best one would say that they have not loss. Maybe in the beginning they have loss also while they are still learning forex. If you didn't lose at all maybe you have not risked at all also. But losing is just part of learning but not necessarily.

Demo account is only good for practice. The real thrill is when you started to trade using real account. Mixed emotions will be experienced when using real account too, feel happy if you win and sad or anger if you lose. In demo account, you feel nothing since if ever you lose the trade, you lose nothing actually.