bluemac

Bonuses can be good if you knew how to use them otherwise they can be tricky too on the other side and might be harder to reach at the required threshold to initiate withdrawals.

It could be a good initiative if the traders should do some research before choosing any broker, it is my opinion as well as a request to all the new traders who are desprately looking for broker recommendations.

On 15/06/2017 at 2:19 AM, ForexMartTrader said:

Forex trading is risky, just as any other trading in any other market.  The expected reward is likewise huge.  The risk in forex trading is aggravated by the fact that you generally trade a margin or leveraged account. The risks in forex trading can significantly be reduced when you trade with skills and experience.

Risky yet rewarding too in my opinion, we can take risks in order to get good returns on our investments.

Forex brokers are the one who supply us with the technology required to initiate trading, so better to choose the right broker or else we have a lot many examples in the past where many brokers turned into scam. Some reputed brokers to shortlist from are hotforex, fxprimaus, octa, lmfx etc.

I think we better stay away from all those silly promises which offers invites of getting being rich right over the night just after purchasing anything from them.

On 02/04/2017 at 0:53 PM, Justin Vaughan said:

If you are a forex trader, then you should make it a habit to read or browse foreign exchange books, which you can even get for free as part of a service package to the trader. Also you should go through all the headlines, especially those related to foreign exchange. See how these news and event have an impact on the charts. To become professional forex trader, TryMarkets will be the right choice for you.

 

The traders should make a habit of going to news related sites like investing.com, economies.com, bloomberg, economic calendars sites etc in order to be aware of the news release and their outcome on the forex underlying trading asset.

Forex is a very lucrative business however it is more professional business which requires no mistakes and a lot of practical knowledge in order to take your share from trading currencies. The good part is that we can learn the skills which are required in forex trading.

If you have bitcoin then you can trade it against USD on many exchanges, some brokers like hotforex have also started accepting  bitcoin as a payment deposit method so you can deposit it there and trade against other currencies to make good returns on your investments.

MQL5 is for coding EA i guess..!

On 03/01/2017 at 2:37 PM, Money Morkel said:

There are almost thousands Forex company in online retail market , so it is very difficult to find a right platform as most of them are found to be scams.  We can choose the regulated platform which always ensures security of funds at any investments with a wide range of trading technologies.

I better say stay away from those who offers silly promising invites of becoming rich right after investing with them.

On 25/01/2017 at 2:44 PM, Joy Bahadur said:

Learning is the foremost way to keep survives in this volatile trading place for a long time.  but I have seen according to my trading experience by and large traders in particularly the newcomers try to make money without learning and they fall a great loss when trading practically.  Now there are lots of source to learn FX in a proper way and almost all brokers make sure best trading environment for learning by providing exclusive education facilities with video tutorial videos.

I would agree with this statement as i have noticed many brokers that are facilitating everyone by providing quality webinars and other stuff which are absolutely free of any cost.

I see many emphasizing over trading a demo account before going to live trades, so this is must to observe the trading rules and give time to demo trading as it could be the biggest asset of any successful trader.

I didn't get your post please enlighten me more..! thanks

Demo account and demo contests are really helpful in my opinion, i still trade demo account on lmfx broker to test any strategy before implementing it to live accounts.

Binary option trading can be good to hedge against the forex trades but currently i am only stick with forex trading.

Forex Cycle --->> Managing stop losses > take profits > leverages & spreads > profits > withdrawals and so on..

Obviously, those who are making good returns on their investment through trading forex will be more than happier and so that the case with me.. I am also happy as i am making good out of it!

I think it depends on how we treat forex but on the whole i guess it is a pure business of calculations and analysis. Moreover this professional market requires us to avoid mistakes, otherwise we will loose obviously.

Yes exactly it teaches a lot every day and the learning in forex may never be stopped otherwise such traders will become obsolete..

Ok, then isn't it that good to stick with those PAMM managers as long as they are providing good results and then switch to another PAMM manager who has good performance.

I am currently using MT4 and haven't tried MT5 platform as yet or maybe i will try it once Mt4 become obsolete in future, till then better to be with MT4..

Mostly all of the brokers allows trading during news and that is the best time when a scalper can hedge the market applying scalping techniques. However, new traders should avoid scalping as the market is much riskier and unpredictable during news release session and chances are that they can get their accounts emptied during such time.

Forex trading is obviously risky however we better focus on acquiring the appropriate skills necessary to foresee the associated risks in forex and learning the ways how to manage those risks.

On 03/02/2017 at 8:20 AM, resmana said:

success in forex trading is not easy to do, because with success in forex trading need to do in a way to keep fighting and practicing. have a high risk trader difficulty in making money in forex trading. But the skill maximum capability will be easier in the money can be obtained

Actually success does not come over the night, in fact we need to be consistent in learning and practice different strategies on demo account before applying them to live trading account and moreover observe patience as well in order to become successful in trading.

On 08/02/2017 at 0:02 AM, binaryowner said:

Well it all depends on the leverage you take. My leverage at Hotforex is 1:100 and I don't consider it risky at all. 

Hotforex offers 1:1000 on micro and 1:400 on regular accounts however there are some brokers which also offers 1:3000 which really seems unrealistic though new traders being unaware of the market should keep the leverage low in start as high leverage can be riskier to them.