Forex is money sucking machine?

[aruna]

think trading without emotion can be done when we properly follow the instructions or advises from professional traders
or those who have conquered this kind of problem. so yes, i think it is possible to trade without this problem.

[manish]

yes, that is why we must make a trading plan so we don't lose more than we can afford to lose. if we have a trading
plan we will limit our losses. also, the losses will not affect our financial situation.

[aruna]

the amount of information and then experience that people share on this forum is enormous and i think it is a waste if a
member don't take advantage of these things. also we are helped by the broker to earn capital to be used to trade.

[manish]

if someone treats forex like a gamble then he don't need to learn too deep about the technical analysis or even
the fundamental analysis because he can gamble with using probability. this is how most gamblers make money...

[sgoythale]

nothing can replace patience because this is the highest quality of emotion that a trader must have but if you are not
that patience you can still setup or use indicators that have alert (through sound or email or popup notification) so you don't have to baby sit your opened position.

[manish]

forex earning/profit depend on the need of the trader. some trader want to achieve big profit and achieve his dreams.
some other trader only wants extra income from this business. what's important is the consistency.

[sgoythale]

forex is indeed risky and i agree completely with what you guys said about this matter. but above that, forex is also plentiful
of opportunity because in this business the money is swirling and reached 4.1 trillion U.S. dollars per day so there is always
at least 1 good trading opportunity every day.

[aruna]

i don't agree with your hours calculation. the forex market runs 5 and a half day per week because it starts in early Asian morning and ends afternoon
in the American session so it's roughly 130 hours per week. of course during those 130 hours there are many trading opportunity so forex is a rewarding
business.

[sgoythale]

in my opinion there are many useful things in this forum and i can say a few of them such as the bulk of valuable information that we can
find in this forum, the experience shared by many professional and expert traders, also i can meet people with the same interest (people who
use the same trading strategy with the one that i use).

[aruna]

benefits of using Indian forex forum is great....it may be called as a complete lesson of forex. by this forum, we can trade with experienced members advice and information. if we face any problems, our senior members can give the correct solution of our problems..