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Many people thinks that forex trading is a easy and profitable business. But it is also a risky business too. Is it true? more risk, more profit....

Very good collection of ebooks on forex here. The most of all about forex. Please check, hope it helps: http://www.4shared.com/dir/3040108/d...b/sharing.html

Having a monthly target is not really ideal. I do not have a monthly target. I only trade a good set up. Having a monthly target may cause a trader to trade less viable set up. What is your opinion?

Many people don't believe in forex. They think it is scam. But I do believe in forex as it is a money making machine and it is a real business throughout the world. Do you believe in forex?

I don’t consider forex as a matter of luck. You need to have proper skills to trade in the market. I think experience, strategy and knowledge are the most important qualities in trading. So if you don’t have the skills you will surely lose, because luck doesn’t exist for a long time...

Excerpt from The disciplined Trader by Mark Douglas -------------------------------------------------- 1. Refusing to define a loss. 2. Not exiting a losing trade, even after you acknowledge the trade’s potential is greatly diminished. 3. Getting locked into a specific opinion or...

I've been reading a lot of posts and some are too large or too numerical for me to read it, i guess most newbies do the same as me: skip the post. And hence i've decided to create a series of step by step threads starting with what i consider the most important thing in trading: To Limit your...

Hello everyone, I was just wondering how much the average full-time forex trader makes. You can express this amount either as a percent return on their investment, or a dollar amount. I realize that there is likely swings in their return, but I just mean on average over the course of the...

I trade at night because I have a full time job. I am a part time trader. However I trade in my trading zone and avoid to late night trading. There is not any health issue so far.

"A trader's number one enemy is his emotions." Traders have been told time and again to keep their emotions in check. Being vulnerable to your emotions can have negative repercussions in trading, as your concentration and decision-making process can get skewed. But think about it for a...

Do you trade forex by using signal providers or currency analyst that give out information when to buy and sell or do you make your own analyse of the market and decide for yourself?

What creates a weekend gap in price? And if it is a true reflection of the strength/weakness of a particular pair, why is the gap often closed?

Hi everyone. Are you satisfied with your Forex earnings? Are you earning more or less than you were expecting before you started trading? Kind regards, Angelnish

If a broker goes bankrupt what happens to our account balance? :confused:

Very interesting oilfxpro, thanks for sharing. Happy Trading!

Interest. Also, when one broker starts offering more leverage, the others need to follow to remain competitive.

You've heard the old saying buy low and sell high? well just it's the same thing in reverse... sell high and buy low. sounds easy don't it. but a bull market as your title implies means that price is going up so you should buy, but if you think price is going down (bear market) then you...

Most beginners underestimate the potentially devastating damage leverage can wreak on their accounts. Understanding leverage enough to know when to use it and when NOT to use it is critical to your success! Leverage is a very powerful tool but both old and new traders use it to destroy their...

The fastest way to test your system is to find a charting software package where you can go back in time and move the chart forward one candle at a time. When you move your chart forward one candle at a time, you can follow your trading system rules and take your trades accordingly. Record...

Does anyone else use no indicators or any real system when trading? I personally don't think that this 'system' can lead anyone to success. I knew a couple of examples when people started confusing trading with gambling. They opened and closed positions when they wanted (without any...