Stekin

The forex demo account is very very important to the newbie traders. I traded in the demo for three months without going into the live account. I was trying various indicators so that I can find the one that will be easy for me to use. Demo account is not what a trader should miss.

No, it is not advisable because the newbie trader will not be able to understand the currency pairs if he or she wants to be trading in all of them. He or she should be focusing in the one that he or she knows and it is best to be only one. Trading in all currency pairs will not be meaning that the trader will be making money in all of them.

It is true what you say here that if a trader want to make profit, he or she will not expect too much of a profit. It us the trader's greediness that used to make them to lose in here..When the trader is trading and he or she want to be making big profit, it is that time that losses will come and wipe his or her account.

The traders in here should know that the broker will be telling you what you want to here. It is their business and they will not like to be losing, so therefore, they will tell you that you will invest and get money from trading in forex.

The traders in here should try to use the stop loss to protect their account should the market move against their prediction. When we don't make good analysis, the market will not favor us and we will be increasing the risk of losing our trading capital. It is the stop loss that we set at that time that I'd going to protect our account.

give your $3000 to hedge fund and they will make your money growing. you also can choose in which place your money will be manage based on the risk level. forex, stock and commodity trading is riskiest place to manage your money.

The hedge fund is good for the person to invest money in there but the interest that they are paying to the investors are not too much. When I was reading a book about soros, what I saw was not that okay because it was being less than 10% for one year. If the person know how to trade in forex, I'm sure that is the best place to put that money.

Forex and gambling are not the same thing but they look like they are the same thing. Forex will give a trader the chance to make profit more than gambling because gambling is a lucky game. When a gambler is gambling, he or she is depending on luck. When a trader is trading he or she is depending on the analysis.

If a trader want to make a living from trading in forex, he or she has to be working very very hard. The person will be a good forex trader that has had long years of trading experience. To make consistent profit in forex which will make it to sustain you in the forex trading is not easy so hard work is very important.

If I have 25,000 dollars trading capital I can say yes. simply because some how I do earn about 5 to 10% profit each month and its really good to make some good income in here. I do believe that in the long run I can really grow my account big enough to make so much profit. I do know we can handle our account in here and become a big time trader.

You are having big trading capital man. I used to think that it will be hard for any body to trade in forex as a full time job because of the risk. I trade in forex but in a part time and I don't take it as a big job that I will be concentrating on. I don't even have big capital to trade with because I am afraid my greed will make me lose it.