bigxy

I think that many traders make losses in forex trading and that's why the failure ratio is around 90% as per the stats but still this is a trillion dollars industry and those who trade by making proper analysis are earning money from this market.

I better suggest even after moving to live trading we should trade demo account in our free time. I still use demo trading to back test my strategy in order to put it on my live account.

In my opinion there is no shortcut to success and we should follow the simple rule, the shortest distance between two points is straight line, if we wanted to become successful trader.

In my opinion demo contests can be helpful in learning forex and "demo to real contest" can be helpful in earning some extra cash through this contest.

Indeed! I guess getting awards for servicing the best and expanding to different regions seems good progress. Let see what new surprise they will be going to share with us in future.

The USD is still facing a lot of ups and down in my opinion, i guess US elections have make USD market too volatile and it may take some time to settle down. Let see!!

I have also applied for it however is it more efficient and cost effective than skrill..?

We should pay attention on the news around the world, because of that we can consider how to face the market

Every NEWS has it own impact on the forex market however it seems bit slow now..

Trump wins as per the expectations, let see how the new president takes the world along with his policies however the forex market trends downward and slow too.. Anyone notices that!

I don't think that we can eliminate the 100% risks associated with any of our investment however we can minimize them to certain limit through making research and handling the business professionally.

I noticed they have started new prepaid card services, it seems a cheap alternative to skrill so anyone can share more insights about this new service?
 

I noticed they sent an email regarding the importance of margin and leverage during the market movement in US Elections, however i haven't traded through out this election week as i wasn't that much sure of the market.

I guess mentoring is necessary for the starters as learning is important in forex trading, moreover trading also requires practice so in order to become an experienced trader we should trade demo accounts too while learning forex trading.

that is why it is very important for newbies to always learn how to trade on demo accoun,because that is where you will try the articles point that you can be using on your trading and many more to.

Newbie traders should trade demo accounts with patience as it could be their greatest tool to become successful in future, practicing can bring them more experience which is helpful to earn money through forex trading.

We should be carefull when choosing leverage to trade in forex. We should understand that if we use higher leverage, the risk also will be higher

Newbies as being unaware of the market trends should also not use too high leverage in the start as higher leverage means higher damages.

People afraid before investing their own money in forex becaswue they think that forex is risky but that contains some truth because in fact forex is actually risky business

I guess this is because of many negative reviews about forex trading as many compares it with HYIP sites or other scam sites but in fact forex trading in my opinion is the only legit business available to do online for making money.

You all might be right but i think he should also seek some local expert advise in his area who can better suggest him getting anything more profitable than forex trading.

The brokers earns my taking commissions and spread difference on the trades executed by the traders, maybe some broker also earns by margins etc.

Maybe it is because they want their traders to trade in the exchanges established under their own jurisdiction and pay taxes to them on their gains.

If we start trading in forex, we need to prepare ourselves. We can start trading using demo account first. Demo account can be the best place to start trading, hone our skills before we use our real money in forex.

Demo account practicing should be done for more than 6 months before going to live trading, though this seems bit tiring job however it is the biggest asset of any successful trader.

There are many past examples of regulated brokers turning into scam so i think honesty, reliability and repute is needed more than regulation factor and these factors should also be considered while choosing any broker.

The benefit i found out from trading forex is that i am already paying my bills through it and the good part is that it had enabled me to utilize my free time into making money.

Please elaborate a little more of exactly what are you looking for..? BTW welcome to the forum!

I guess we need to deposit money in order to become eligible for the withdraw and in fact no free soup is offered for anyone.

Planning to open another demo and trade manually, will show my performance soon.

Good Luck!