LenoxGF

I would say that it does take a lot of practice AND a lot of learning. No point practicing if you don't know what you are doing

Great. Thanks. I've been looking for this too

I don't think any brokers are that good for news trading. Spreads usually grow too much for any profits to be made

Hmmmmm sounds too good to be true to me.

I've always liked the idea of endof day trading but I haven't tried it out yet. I'm sure there is some way of making money. it's just a matter of finding out what it is

Most brokers allow you have open loads of accounts. I have many (probably too many!)

I agree with Princess Fuzzie that using a regulated broker is essential. You need to know that your money is safe.

 

1. regulation

2. spreads

3. platform (MT4)

4. deposit/withdrawal fees

5. deposit bonuses etc

6. bredth of markets

It can be a career for some but for many it can be a way to lose money. I think most people should go into this as a way of learning more and possible getting additional income but without proper risk management it will never become a career

i agree with fxrival most people think Forex is a get rich quick scheme but for most people it is a lose money fast scheme. It is not easy to make money doing Forex trading. I think everyeone feels the pressure when they trade real money for the first time and this can increase as the losses increase. That is why everyone should start ona demo account and only trade real money when they can make money on demo for at least a couple of months