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Yes, before trading learning is must otherwise loss is must. For me the main requisite for becoming a successful trader is determination of a trader to become successful. If a trader starts forex...

Without demo trading we will lose a lot before we start earning. The purpose of demo trading is to learn basics of demo trading and to test our new strategies so that we can avoid loss in our real...

Capital plays a very important role in forex trading because we are trading in forex for profit and with a small capital we can earn only small amount of profit that is not desirable at for any...

Yes, it is a good idea to invest our bonus for long term in gold or silver because both these metals are at competitively low rates ans with the solution of euro zone crises they may shoot upward. It...

Yes, it also happens to me and I have also experienced many times that I notice the trend change when its too late. Sometimes I opened positions assuming that trend is changed but that was a fake...

Daily profit is quite possible in forex trading but we have to make it sure that we will trade small lots only because when we trade big lots then most often we lose our profit and as well as...

So far my life is unchanged due to forex because I have not made any big achievement in forex trading. I am a beginner and still learning the forex. I am learning about technical analysis and...

Stop loss tool is very important and we all should know about it even we don't want to use it because we may need to use it any time in emergency. I usually put stoploss and take profit at the time...

To control emotions just control your lot size, believe me you will get a lot of control o0n your emotions if you will start trading with small lots. When we trade with small lots then our profit and...

Yes it is possible to get $50 profit from $200 capital but for only once, twice or maximum three times because to earn 25% daily is too much risky and we can lose all our capital in just few minutes....

The news is very important in forex trading because most of the time currency pairs changes their prices due to news. I know the importance of news therefore I keep on visiting forex factory website...

Yes, fear is the best source to control our losses. Although fear is not counted a good thing in forex but still we should have a little fear because without any fear we may be so much aggressive and...

Buying and selling at the same point is too good but it should be done only when the price of a pair is range bound and you know that you can get profit from both buy and sell orders. Otherwise when...

I differ in views from you I think we should not go for profit of 1% daily if we want to avoid risks in forex and for getting daily profit of $600 we should have the value of capital at least equal...

I value your views and I am agree with you that we should not borrow money for trading at all because borrowing is not a good habit and trading is also so risky. If we will lose our borrowed money...

Same with me, I am also a part time trader and do the forex trading in my spare time. I love forex trading because I take it as my part time business and as well as my hobby because forex trading is...

I think we should do the demo trading for at least one month because we can learn a lot from demo trading. Demo trading is a very useful if we do it for learning purpose and we should also test our...

When I lose, I leave the trading for few hours and watch TV or start walking or start doing any other work so that I can normalize my sad mood. After that I start trading with fresh mind and try to...

I know forex is too risky but I am still doing forex because I also know how to deal with risk and I have some knowledge about risk management and money management, so I am doing forex trading with...

Of course, we have to take risk to earn profit from forex trading and I think forex trading should not be taken as quick way to earn money otherwise it will become a quick way to lose money. We need...