Thank you for your efforts Sive. Its really hard to do this by "trial and error". For every error I run into my financial trial gets worse :( Thanks to the guys who make it their duty to help us out.
Hello everyone! My name is Shaunna and im 35 years old still single and new with Forex Trading. So far, i am doing pretty good but i won't ever let this become my main business since I know how risky this is.
Thats right! you will always be the one making the decision so listen to your gut feeling and then don't blame others for your mistake like saying it was the bot that caused me to lose.
Forex trading is a really risky business therefore it is best to just use some of your spare money in that rather than your whole savings. I started just last year and just like other business there are high times and low times.
A lot of people who are new with investments hear this term. Event risk refers to the risk of the market moving due to an upcoming news release that may affect the global economy such as the crisis in Egypt right now. Many traders prefer not to take positions ahead of important news releases due...
For those who are new in Forex trading or still planning to be in that kind of investment, the Forex market opens on Sunday night around 21:00 GMT and closes on Friday afternoon around 21:00 GMT. Forex traders can initiate trades at any time between Sunday and Friday.
Anyone can be a Forex trader as long as they are determined and willing to face the ups and downs of this business. It takes a certain amount of persistence, patience and the ability to adapt to changes easily and not all people have those qualities. If you can control your emotions, approach...
Forex itself is not a scam, but there are a lot of scams that are connected with Forex just like any other investments. There are a lot of people who are looking of ways to scam new comers since they are gullible and don't have much knowledge yet with Forex. Forex trading is a real business...
When you are just starting in this kind of investment then it is wise to get a Forex broker because they provide traders with a trading platform or dealing station that allow them to buy and sell foreign currencies. They will also allow traders to use a practice demo account so that they can get...
Forex trading can be risky if you don't know how to use proper risk management. Forex is considered to be one of the most risky forms of investing because of the availability of leverage and unpredictable outcome. Newbies can minimize the risks by learning proper risk management and developing...
If you are planning to do Forex Trading then one of the decisions that you need to consider is how much trading capital to trade with. You need to have a a bigger capital when trading but usually those who are starting up can only spare a small capital. This can still work for them if they...
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