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I agree with you because the old adage says that slow and steady wins the race. If we can be disciplined enough to trade with less risk so that when we encounter loss it will be very less and we...

Forex is the best online job I have seen because it is self regulated and you can decide when to trade and when not to trade. Your risk is known to you and your size of investment too is determined...

Every business is all about the skills you are able to acquire. Formal education is not necessary provided that you can get information on the business in the language you understand. In forex, you ...

I am still not very good in determining a real breakout. I use the circumstances of the price to check. Most times if a point becomes difficult to break for like two or three waves and it is...

I think that the reason for stop loss is to make sure that when a price goes against a trader, his loss would be limited to a certain amount of investment instead of losing all the investment. It is...

A good trader must be a good analyst or at lest have basic analytical tools that will enable him find the trading opportunities, then he should be able to make consistent gains and never be in loss...

Those who win regularly are traders who have confidence in themselves. Sometimes the major cause of loss is fear. The traders know what to do but hardly allow themselves to to what they should do...

I once traded without stoploss till last month when I lost a great opportunity to the risk aversion sell off in euro crisis where I had hedged away all my profits. Hedging is not the best and must...

I have come across this in some places and my arguments have always been that high leverage leads to high profits. The occasion of losses are not as common as occasion of profits. Secondly, it is a...

Many people argue that forex is something that you need to be challenged before you make the money. They say that demo account does not challenge you as the normal real account would do, but I know...

My first broker was *********, I lost my account there. Then upon research I discovered one marketiva company like that, but could not use their platform. I joined forexcent, but did not like their...

You are almost right my friend. It is learning that must be projected more than earning. Most traders fail to make it because they dont research. There are lots of secrets about forex in different...

What is wrong with instaforex website? It has not been functional for a couple of days now and the company has said nothing about it. Please there should be a kind of explanations to the public to...

You may need to estimate 20 pips on a less volatile market but on volatile rampant days, 30 to 50 could be much safer so that you are not logged off prematurely

For now I do not have any other onvestment outside forex. I do believe that forex will be able to generate the capital I need for invest,ent in other areas of business. I dont think it is a crazy idea

During the weekend I do visit some forex sites where I try to see the trade review for the ended week and the forecast for the new week

The best trading time for me is the European and AMerican sessions normally from 8:00GMT to around 20:00GMT. Asian time is usually dull

In this sense you have said it you are right. Forex could take you some time to master so any body that enters forex with the hope of making it so quickly will be disappointed because he will make a...

To calculate your stop loss and take profit, all you need to do is just forecast the length of the trend you follow, take your profit around its turning point and put your stop loss just close to...

We all look but see differently, forex could be a difficult and frustrating way to make a living for those who do not know how to trade. When you discover the secret of trading forex you will...