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The online Forex Market has made many people thousands of dollars, or even millions of dollars, richer. It is becoming increasingly popular with the people who understand it and know how to work the system. People are spending less time doing tedious work and earning more money legitimately with...

Is gold highly profitable to trade or not? I think gold is a great place to gain profit quickly because it is too high and can reach hundreds of pips per day. But does it also need large or big capital and how much is the minimum account balance to trade it? If it is expensive than...

Below is a list to have a better idea of what to include in your own plan, but you don't necessarily have to follow it exactly. What Currency Pair I Traded Date & Time of Trade Stop Loss Level Take Profit Level Target Reason for Taking the Trade Strength of Conviction About the Trade...

When profits flows in my account- that's motivate me to come back again and again.A trader must have the motivation and confidence when making a trade, so that he will make trade comfortable and with full of spirit. Besides this, a good money management and good risk management is...

the answer is absolutely not. Since currencies are traded in pips, as one is 1:10,000, you need to have the ability to for leverage otherwise you would need huge amounts of money and your return on investment (ROI) would not worth the risk. :(

I have been investing in trading stocks for last few months and reward quite fairly.......... I'm wondering if it's possible to make a living from trading. Any advice appreciated.:)

Good post. This is reality of forex -You need to be happy and satisfied with the value per pip which you are trading, and that value per pip needs to be at a sensible level compared to your account size for you to be successful. I know not all can afford this, therefore be cautious in any...

From my personal experience and from my experience with other traders, I have found that small accounts don't work. The majority of people don't have the discipline and self control to manage a small account. Of course, small is relative to the person, but all that matters is that the person's...

Yes I accept with you. Nothing can beats hard data. But a trade journal has some important aspects like to keep the following information on: What Currency Pair I Traded Date & Time of Trade Stop Loss Level Take Profit Level Target Reason for Taking the Trade...

Hi everyone What do you think on keeping a trading diary? Please share your views. For me, I think that it'll also be an invaluable tool in helping you avoid making mistakes more than once and help to notice these patterns It also allow you to focus on the things that actually work. :)