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yes when you are new it is the time for you to get familiar with the forex so it is advisable not to try to go for too much profit and do not take a lot of risks and try to understand the trend and...

yes to have a trading plan is important because it allows you be disciplined and trade with a well set schedule so there is a lot of regularity and concentration is only on the trade so a good...

part time trading can augment our earning but to be successful it demands time nowledge and understanding so who ever has all these and makes a good strategy then he can become successful part time...

yes there is never a doubt about that.Learning is matchless in forex because it is a knowledge based business and the knowledge increases as we spend more and more time in forex we keep on learning...

to be a good trader we should have a good strategy because it allows us to trade with freedom and earn profit.only using large capital does not suggest that we will earn.

i will not allow 1000 dollars to lose because i think it will be my lacking so even if i lose i will try to learn from my mistakes and avoid from further loss to happen.

the good and true trend is the one in which nothing such unusual happens and it goes smoothly and live up to the expectations of most of the traders and end up giving them profit.

such situation does not happen often but if it happens some times then it is not a good idea to trade in such conditions so it is better off to avoid trading at that time and wait some the right time...

this is a very nice post and it can be a very helpful one for a lot of newbies and even for some senior members these are really the rules of successful trading in forex.

heavy loss can some times make you angry and aggressive and you can take some wrong decisions in such a situation so it is better to relax for some time and come again with fresh mind and better...

i prefer manual trading because robot trading does not allow you to learn a lot of things because it based on pre planned protocols and signals while manual trading allows you to understand it well.

yes some people tend to hide their strategy because they do not want to disclose that but many of them help the newbies and share with other traders so that they can also earn from forex

no emotions can some times get the better of thinking so it is not a good idea to show emotions or anger while trading because it may divert your concentration and lead you to false trade and loss.

there is no limitation for that you can have your position open for 2 months and after that if it still remains positive you will get its profit.

yes this thread is very informative to all the newbies and it is right too and the biggest benefit to me is the flexible trading hours which allows me to trade at any suitable time of the day of my...

yes you have showed a very good strategy and information about indicators but this strategy can not be applied by every one because each one have his own style and experience and may or may not...

luck can be in your side once or twice but experience is the key for long term success so experience should be preferred over experience because it helps you to succeed more often.

yes ever since i have joined forex it has been a great source of income to me and gave me a chance to be independent and bear my own expenses so i am proud to be a part of forex.

yes 20% can be earned quite easily per month by a professional trader but that obviously will require skills,experience as well as sound strategy.

trading should not always be done with big capital specially in the start where not much experience and knowledge is there and at that time the risks are greater so little capital should be used.