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Forex is not a quick rich program and it needs a lot of hard work and knowledge, if you lack in knowledge and skills in Forex it will be hard to be successful in it.

How do you say Leach is a fraud?

I do not watch live TV shows about trading but I join youtube live sessions where most of the experience traders share their trading experiences.

The demo is the place where every new trader start trading and can do more and more practice over the demo which will be helpful to do real trading.

I think adding winners would be a lot better than adding losers. yes, it is quite difficult to pass them but once you have done it you can make a lot of money.

Thank You for your kind reply and you have guided me in good way and give me good advice about use of leverage.

Agree, but what is the best limit for a new trader to use leverage, is 1:200 would be good?

I am new in Forex and curious to know what leverage should be good for a newbie to use and also is it true that high leverage high risk? Plz, give your suggestions.

It is a great and very informative reply with detailed answers.

You can find a lot of videos on youtube to learn Price Action and also forums are also very helpful to ask questions and participate in discussions there.

Yes, you are right bro, mostly newcomers start trading with EUR/USD and try to make money.

The most important thing for new traders is that when they want to trade, first of all they have to understand about the market, what is the business of Forex trading and how to market it. Learn the basics of forex and gain some good knowledge about Forex to be successful in Forex trading.

First you should ensure the broker is regulated or not with regulated bodies like FCA and others and than check the reputation of the broker maket. Also a broker should has good customer support and good trade execution.

I think FXPro has quite a lot , there may be others too and you can search them online.

When trading Forex, a market participant must first of all define whether high or low volatility will work best with their individual trading style. If price action is more important, trading, the session overlaps, or just ordinary economic release times might be the preferable option.

There are many books available at the internet and you can find them on Google too. Also forums are the great medium to learn Futures trading.

Yes, it is right most of the traders fail in Forex very quickly because they want to become rich quickly but have no knowledge and skills and start trading without proper plan and strategy.

FXView is a forex broker. FX View offers the MT4, MT5 and ActTrader forex trading top platform. FXView offers over 65 forex currency pairs, cfds, commodities, indices, gold and silver for your personal investment and trading options.

Onada is great.

Skype and whats app group is the best idea to discuss our trading problems and also try to solve these propblems with the help of other traders.