Yes, it's important to practice everyday in forex trading because there is no one who could become successful in forex without doing a lot of practices. I am agree with you if practices could give us...
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Yes, it's important to practice everyday in forex trading because there is no one who could become successful in forex without doing a lot of practices. I am agree with you if practices could give us...
You can't practice your emotions in demo accounts, it can only give you opportunity to sharpen your method or strategy or money management, but not emotions. Emotions is only related with real money,...
I often look on 1 minute chart as it tell me about support and resistances for my very short term trades - i also look at 5 minute chart time to time to ensure i am trading in right direction and...
Forex is an online business, Every trader joins the business want to earn more profit. So i think , yes you are really right . Forex tends to make every trader over confident. It has its good and bad...
For me, forex help me to develop my abilities for other online businesses. That is because in other online businesses, one must learn not to be greedy, and one must be a disciplined person, as well...
Fundamental analysis is important. That is unfortunately something I realize only recently. For me, I make use of technical analysis in my trading. And that is my weakness. I make use of only...
Thank you for the informative post. Forex is an amazing source of earning money but it require lots of hard work and dedication. It also requires lots of skills and education. If any one wants to...
Whether you earn any profit from forex really depends on how good or bad your trading is. If you are good at your trading, and consistently makes profits, then you will earn profits in forex. If,...
The number of reasons why people fail in forex trading, without a shadow of doubt is lack of adequate trading skills, forex knowledge and experience needed to do it right all the time. This can be...
When I lose my forex trade, I will take a break for 1-2 days. I will most likely do other things like posting in forex forums, reading up on forex knowledge and even enjoying myself by watching...
There are a few reasons why people prefer to use forex to make money. Firstly, Forex trading is fun. I really enjoy doing it. Other people probably feel the same. That is why they prefer to use the...
Many people tend to share their trades with others, but that is not me. When I trade, I prefer to trade by myself. I never discuss or talk about my trades with other. This is due to me being a newbie...
Thank you for the helpful information. There are many indicators in technical analysis but after the experience of trading, one can only be good in one or two indicators. Therefore, one should only...
Trading risk can be lowered by opening up a demo account to gain experiences, and reading up on forex books to gain knowledge. The number of reasons why people fail in forex trading, without a...
For me, I make use of technical analysis in my trading. And that is my weakness. I make use of only technical analysis. This can be a disaster for me when important news come up and trend changes...
The number of reasons why people fail in forex trading, without a shadow of doubt is lack of adequate trading skills, forex knowledge and experience needed to do it right all the time. This can be...
When I am in low spirit in forex trade, I will take a break for 1-2 days. I will most likely do other things like posting in forex forums, reading up on forex knowledge and even enjoying myself by...
I recommend baby pips. THis website really helps me a lot. There is lots of information in this website. I learn about Japanese candlesticks, macd, and other technical analysis here. I also learn...
For me, it depends on how we see the business of forex trading. Whether it is an art or science really depends on how we see it. For me, forex trading can both be an art and a science. For instance,...
I think forex is more a matter of skills than luck, though luck will be an added bonus for the forex trader. If a forex trader depends only on luck for trading, he or she will likely lose money in...
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