bearhugs

That's good to know, I have also traded with brokers for a long time, but now I am trying to make money on my own and trying to learn about the Trading Manually.

So what brokers you have traded? What is the connection of broker and gold with that in this thread? Are you trying to say that your broker are good at gold trading and you have earn alot?

Well, it seems that what you said is wrong. Gambling is not an art, I wonder why people make it similar and forex also sometimes could be art sometimes not to some people. For me, it is still a business which i mustn't treat lightly and also forex is a job where I can make money, so I need to use logic here not influenced by emotions.

I have never said that Gambling is an art, and forex is not. I have cleared that Forex is more about analytical part of work where we analyze the market and try to get the right entry with our strategy.

My tip would be very much simple and straight forward, it’s to invest only after we gain experience or sufficient knowledge of the work we want to do. If we want to be successful then we need to figure out things accurately and only then we will be successful. As a trader, I always learn and learn, it’s only after that I think about investment, it’s not tough decision due to broker like OctaFX, as they are highly supportive with educational guides and even got 50% deposit bonus, it’s all superb.

First, learn the basic and train yourself with the demo account so that you can have an idea of what you are going to work here. And for that we need good materials of education, not a broker. To gain knowledge, we need to survive the hard part of learning. 

The easiest way to find right broker is through locating regulation of the broker, it is without any question the most important aspect and thing to look for. I have found my broker OctaFX through this way only, as they are regulated by FCA and have superb reputation winning 21+ awards that include Best International Broker, Best ECN broker and many such awards, so it’s pleasing to work with such broker and feels comfortable with things and enhances our chance to great levels.

Right, regulation of any broker can make you a good choice for trader. But it does not the only thing that we should look for a broker. What the broker is offering is also important.

Traders can have a simulated experience of trading sharply in the CFD market by gaining access to a demonstration account with FXB Trading. This experience for them is just as they would expect in a real live market situation. The website also offers security and protects the accounts of its clients.

I have never traded with this market so I have no idea how it works. What are the pros and cons of using this website or broker, if anyone has worked with it.If you are working with them so kindly post the good post in ads section. 

There are so many things that make difference between traders. Their knowledge, their trading style, way of thinking is different. Every trader has his own like and dislike about trading and how they overcome on it. There are so many things that are going to be different from each other.

Stop Loss hunting is surely an illegal activity did by a broker, moreover regulation is playing such an important thing here. Stop Loss hunting rarely happened or near zero accident in a broker which has strong, strict, and harsh regulator. Mainly bucket shop broker which do something like this because if we win that would be the loss for them.

Stop hunting is not as obvious as it was in the old days but it does exist. Even if you have a trustworthy broker, nothing can't be done about stop hunting. I don't want big profits and therefore the trailing stop after some small profit is OK for me.

It's possible, but as a trader, we need to understand that forex trading is not easy we think. It takes process.  And for trading, try to maximize what we have get from our broker. I also do it in FXB, i try to maximize trading analysis

That is true that nothing is easy in life. we have to struggle for what we really want to be. And In Forex we have to learn a lot so that we can be a good trader. No doubt market is risky but it does not mean that no one can be a good trader.

It is not impossible to be successful but yeah difficult enough that make some people switched to the other business which they think is good enough for them. To be successful then we must earn the profit and lose as less as we possible. By doing that in a matter of time we already success as forex trader by being patient and always trade when there's a possibility.

There is nothing impossible in life. If we do not ty our best to get it then how we can find the best for us. To be successful in this market is not easy but we can, if we work hard and gain more knowledge with different learning style and trading style.

I wish that Forex will be money factory in future but it never going to happen. Because we all have an idea that how risky the market is and making money from this risk is another thing first we have to save our money from being lost. And that is not easy to handle the trade within risk.

There are many traders or people thinking that Forex is gambling of money like we do in gamble places. But it is not true at all, Forex is for the analytical person who can think about market and analysis the data of market so that he can predict right trade for his profit.

Right, it is a not difficult task to find right broker for your trading. if you learn the Forex well from begin to end and then try your luck with a market, you will get an idea what kind of broker you want for your work of trading.

Great post to start learning about Liquidity, there are many newbies who are still not aware of this word in a market. not known that how to define this word in a market, must read this post to gain knowledge about Liquidity in the forex market. 

I think everyone in this forum is well known for the Forex market. Few traders are earning from here and few are dreaming of earning. But the market is always in its own mood. We can not predict the 100% of the market but we still try our best to get profit from it.

Forex market has tons of signal provider for you. But let me tell you one thing, if signal provider are such good with trading and giving 100% secure real profitable signals then why they are selling it. They can make a good amount with their own trading. None is going to give you free earning here.

Forex is not best for every trader as an online earning business. Because there are many people losing their money here due to lack of knowledge and experience. Forex is best if you can control yourself during every condition of the market.

I do not think that scalping is good for newbies because if it was true then there are only scalper in a market. Scalping is a good strategy but without skills, one can not handle the market and trade in difficult condition. So it is suggestable to learn scalping first than work as a scalper.

Greed always not a good habit for any work or any business. In Forex is also the same, we have to control our working style so that we can control the greed of earning more and more. otherwise, we can lose our capital also.

Agree, every broker has different advantages with their drawback. So find the one which can work for you and your strategy. Do not depend on others opinion about the broker. Because you are going to work in this market, not they.

Your feelings for trading can lead you in wrong way in this business. So never depend on what you feel while trading. Greed can also lead you to loss so controlling yourself while trading is improtant. 

There is no perfect broker in market, every broker has something which we want and the other things which we do not want. We can not find everything in one broker. So we have to find broker which is good accoridng our knowledge and strategy.

Spreads might be important but it does not means that we choose broker only according to spreads. We should also check the levrage and loyality of the broker. Trusting someone for only one reason is not safe for our investment.

Forex means investing in other Country? Is it true? I have never thought about this one. I have not yet work in the live account but I have knowledge of so many points of Forex but never knew what it actually invests means in the market.

I will say not the most but yes discipline is important while you are in Forex market for trading. Discipline makes a person well planned and open mind so that he can think from both sides about trade and take right way to trade the market.

Scalping is good for those who can understand the market in limited time so that they can take the trade and close it as soon as they take profit.

The time duration is very minimum to trade and that is high risky too.