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Everything posted by bearhugs

  1. No one can be successful in trading without experience. Even experienced person can not say that he is successful in trading.
  2. One can make Forex as a main job if he is earning good with trading. For newbies like me, must have another options of earning for living.
  3. Yes, FOrex is easy for those having knowledge and skills for Forex. It is not easy to earn money from forex, but if one has good learning with forex, can make good income from it.
  4. Right, not every person in the Forex business can have profit each time. Some time we have to face loss also. Like other business, Forex is same.
  5. I as a newbie has learned alot thing from start, First always learn the complete Forex market. Then start experience with it using Demo account with it. As much you learn, you will earn best.
  6. The simplest which i know about how to study forex is, First learn the basic from baby pips web tutorial. Then discuss your doubt in forums, you will learn better.
  7. No matters how much you have with for forex, the knowledge and skills will be more important in market. Even there are so many brokers offering bonus account also so you can use that for start up. Always start with small amount so that you can learn how to manage account.
  8. In my opinion, knowledge and experience are the key tools for any trader to survive well in Forex market. None robot will help you until you dont learn well with skills.
  9. No, sometimes i trade 4 days, or sometimes no trade in a week. There is no perfection or regularity in trading. I mostly trade upon the current market situation and my own strategy. So no fix times for trading, for me it depends on market's movement.
  10. To start as newbie, one must learn well about forex market. Study as much as you can for each concepts of Forex trading. Also working on demo helps more to newbie. Until you are happy with your demo trading, one should not start real trading.
  11. Traders fails because no experience and zero knowledge. If you have have learned well about trading and worked on demo, then there are less chances to be fail in forex.
  12. A broker must be honest and have good image in market. Read out reviews about your listed broker's on different forums and website. Find the one which one suit your need and criteria.
  13. I think the only difference between demo and real account is the psychology of trading because real trading arouses our emotions
  14. In order to answer this, one needs to understand where he is at current point. If you have a good experience with this business then you can earn good amount from it.
  15. Yes, I learned forex trading myself. I have read so many websites content and article about Forex. Right now working on Demo to get experience how it goes.
  16. The best way i found to learn Forex is, babypips online school. The website contains every single details about Forex. Start with it. Take part in discussion on forum. You will learn a lot from the forum also
  17. Scalping is like those high action thriller movies that keep you on the edge of your seat. It’s fast paced, exciting, and mind-rattling all at once. These types of trades are usually only held onto for a few seconds to a few minutes at the most. Make sure you follow good money management.
  18. In simple words Forex market is "Foreign Exchange market" where you can buy and sell currencies. And yes its huge trading volume representing the largest asset class in the world leading to high liquidity .
  19. Hi everyone, I'd like to share my experience and meanwhile learn from other members.
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