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Some new traders loose money in forex trading and then looses even more while chasing that lost money so better to let go these losses and second stick to a proper trade management plan.

Forex trading yields more money but we all first need to have money in order to start trading forex guys..!

I see sites like fpa can be good resource to consult while looking for actual traders insights for any broker.

Good to see someone making profits on exotic pairs as well, goodluk too.. and do let us know when you switch back to majors! ;)

I see this is a good piece of advice however i think such statement given by this guy can only be typed on in forums threads but none of us would like to loose any amount for testing purposes when we already have demo trading accounts to test the broker processes.

Did anyone noticed the sudden flash crash of this ETH..? what were the possible reasons for the said issue!

Better going to the news sites like bloomberg, investing, economies, etc to get some clue about the market and making some conclusion rather than depending on the signal services which are most of the times hard nuts to guess..IMo

One way or another everyone need money so do focus on making multiple streams of money either they comes from returns on investments or either by freelance or any other work.

Absolutely, money makes money and so I think forex trading is all about making some good returns on investment whatever these returns might be however we can't become rich right over the night in forex. Better to stick with what amount we earn but the earnings should be consistent.

Bitcoin seems to be really bleeding since last two weeks, now it seems to be becoming stable otherwise its down trend was really horrible.

Important thing to note while researching a decent broker is to look at the broker's repute and if they are regulated as well then it would be a plus too..

Thank you for endorsing my statement and i am sure that trading demo account can be the biggest asset for any successful trader.

Not necessarily you should have a computer to trade but the point was that this binary options industry has a lot of complaints and that is the reason its getting banned by many regulators, so was the point that apple also not allowing BO apps.. hope you get the point.

Right, but i think new traders being unaware of the market conditions might blow up their accounts by keeping the leverage high so better if they keep it low in start.

I have noticed that why not trade those pairs which are good in volatility, liquidity and tight spreads.. i am pointing towards major pairs like EUR, USD, GBP, AUD, JPY etc

This sounds great advice and same to you dude.. now back to trading guys :)

Besides signal providers i see many traders are also serving as forex brokers' IB and making lots of money out of this service.

Research is always good and i think we need to do it all the time whenever we are looking for the right decent broker to start forex trading.

Those exotic pairs have liquidity issues, higher spreads etc but better you still have options what to trade so best of luck..!

Yes by using a demo they can at least test the right broker and can be able to learn the forex trading processes more easily than any other learning option.