e_abrams

It retested 1.1850 and formed a double bottom there, a new move north will likely occur.

I use MT4 and I really like it, I don't intend to move onto MT5.

What does such a strategy involve though?

It is interesting and it can be very engaging, but it is also quite risky!

Another big mistake is trusting unreliable companies. People don't know how to avoid scammers, unfortunately, and that leads to many losses.

What is the correct approach though?

Personally, I just use Moving Average and Bollinger Bands.

Before entering the market, I think, it's vital to learn how to safely pick a broker. This industry is plagued by scammers, if you don't know how to recognize and avoid one tradign becomes a pretty risky endeavour.

The best thing one can do in that regard is to maintain a trading journal, I think.

Unfortunately, most people in forex lose money. Sometimes it is because of their own ignorance, very often it is because of their brokers, and their unethical practices.

That's interesting, where are they registered?

What kind of features?

I think it is downright impossible to work without losses altogether. It doesn't happen.

It depends. I don't think happiness is dangerous.The danger comes from emotions clouding one's judgement.

It depends on the reason for the losses. If one is losing because they got scammed - which happens often in this industry - that is not normal and should not be accepted. That is entirely different from making a mistake in one's analysis. https://deposit-withdraw.com/?s=forex+scam

I think it matters, at least in as much regarding regulation. Different countries have different regulation.

What is an important parameter?

Do you still use the demo account?

Forex can be a good option, but one also needs to be realistic about it. It takes years to learn to trade well. In the meantime, one will either not earn anything or they will be actively losing money. Most traders are losing money. It's not an easy endeavour.

I haven't heard of them before, where are they registered?

I agree. Those two things can absolutely ruin a trader and yet they are not at all easy to master.

Well, the ones that don't get it af first start getting a clue when they start losing money.

I think that is the experience of vast majority of traders.

Forex provides excellent opportunities to profit, but the harsh reality is that most people actually lose money, unfortunately.

Are you a professional trader? For how long have you been at it?