StillAlive

I think that its fair actually, because everywhere the demo account only for exercise, so no one feels overwhelmed, but sometimes the beginners also have a bad performance in demo account when the first they got on to forex business.

We must have the right skills and experience to back us up besides substantial amount of capital if you want to go into forex on a full-time basis. For me I would also prefer that I show some consistent profits from trader over a long period of time if I were to look at forex being the main source of income for me.

It may be useful in some cases but it has big risk as well as big reward and it depend fully on our skill in forex. Actually personally i still don't like this because sometime more loss but to make capital big it's a good idea i think. We could use money management and risk management to control it. It will limit our risk of loss although we learned to use higher amount of lot size.

We have to have good financial management, so that the target we want to achieve, such as the monthly profit target should be appropriate and should not be lacking. Because if the targets we set do not fit can certainly mean we still can not control the financial management well. Learning and therefore the time required to trade forex is a long time.

Both of them are risky. The difference is forex more complicated and much knowledge we need to become success in forex, while in hyip we only recognize which hyip that scam and which is last long. Forex and Hyip are still profitable as far as we know the risk and careful to make decision.

Well, in trading forex, we need to learn well. It means, education is the first step. Next step is the experience. The more we do, we will know more about forex and its risks. The Luck is based on the situation when we have no choice to decide.

I a part time trader and when I get time then only try to start but trying to everyday. And now due to getting some time now more 4 hours or more everyday although most of the time is loss. And after getting a signal sight now I am happy to spend my time because seeing some profit.

There are so many learning resources available on the internet to guide newbie in learning forex because through learning and application of the concepts one can be able to make forex trading successful and earn consistent profits over time.

Well, while practicing we may be trying different techniques and so may make losing trades most likely, and for that reason demo accounts are best way to make practice until you get confidence enough to trade on real account.

It is very possible to make this online business as our main job, we don't have to worry about it, and the only thing that we need to worry is the way we trade. Well, in order to make Forex as our main job, we need experience, skills, and a bit of luck. In my country there are a lot of professional traders.

Surely I have a trading plan, which is never to be too greedy and 8 pips profit I go to bed if trading was in the night, but Sometime my mind do fluctuate and tell me to collect more profit when the market is going on my direction. I always follow my mind and leave my mind suggestions.

I think it will be easy if traders already have good knowledge and trading skill but difficult for newbie that still have less knowledge and experience. So, before traders think about easy money gain, better learning and practice first in order to preparing their self with good knowledge and skill.

It is not important for effective strategies to be complex rather the easier the strategies the more effective they may be. Just watch a pair for resistance and support and play between these two points, there is no necessity to learn difficult charting and methods to make money.

Well, Its depends on the traders because they are not usually active in Forex trading or not full timer and not all the time the Forex market will be good to open position and also not good if we have monitor the market for the whole day when we are not going to have long term trading.

I think that Forex is gambling if you don't know what you are doing in Forex trading. But if you have skills and know the basic forex trading rules and strategies then you are not gambling your trading. That's why we call ourselves traders and not gamblers in forex trading.

I think that even professional traders don't trade all currencies as one it's really good on a particular pair. The usd is the most traded currencies in the world and almost all the traders go for it than other currencies like yen. For me I will start up to trade with eur/usd.

Well, actually there is no exact amount how many dollars that we must invest in forex trading. We can invest as many as we wanted but for starting point, I think one hundred or even fifty dollars would be enough amounts.

Forex trading gives me chance to get profit as my additional income to fulfill my daily need. But still forex business is very risky. So you should still be accompanied with another work that certainly income. As in forex you may lose most of your capital.

We need to do some effort to earn money from forex, so it is not easy, but to say hard also not that hard. it might come hard at first when one just started trading but as time goes and if one is determine as a trader to give it all it take to understand how the market trend and understand why the market go in it direction.

It would be better if we have some plans for if we fail when trading with our first plan then we still has other backup plan. Trading plan should be the first thing for any trader think of and I do hope that if you really want to make it big then be ready to have a good trading plan first then all others things should come easily without hassle.

The only way that you can become a good trader is through continuous learning and practice. Forex is not getting rich quick scheme. We can earn good amount of consistent profits in forex daily if we have enough knowledge and skills required by this market. Moreover, having big amount of initial deposit allows us to trade with higher lots and with big amount of profits.

It's advisable to explore but make sure you explore in demo account. Be reckless but make sure you learn from it. That's how we can do something good that can make us earn good amount of money in forex. I'm sure the more you experience trial and error in demo account the more you will be successful online. I do hope that in the long run I can earn big amount of money.

Well, Using a small capital always want to open more position to gain more profit and sometime make me can control my emotion that cause me a loss. Comounding is good option especially if you have such a good profitable strategy. But it also has some risk especially to those who go with 100% compoudning though a little of your profit is ok to add to your capital to increase your capital.

Forex do not just play with other people to see or hear can be successful forex with a great advantage that we hooked to participate when the basic forex trading course we do not know. Although of complexity, Currency dealing trading is very receiving out of. It is optional to open a Currency commerce trial account with any agent and plunge into the earth of exclusive commerce.

When we've been doing automated trading using a real account of psychological factors as well as the discipline to rigorously we can apply to avoid things we do not want that cause losses. Human nature that we would try and get the most out of our investments in everything that we do.