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Many people want to trade forex and make alot of profit but at the end of the day, they keep on regretting why they chose to trade forex. Do you think it is compulsory to make losses before any one can make profit in forex? or forex is always profitable at the beginning as some traders claim.

I have found out that many companies make use of male traders mostly in advertising their product than the females, could it be that the male traders are smarter than the females or because they see females as no important tools in boosting their products? don't you think there is gender...

The main purpose of demo account is for practice. You cannot compare demo account with micro account since real money is involved in micro account. Demo account is best for learning because real money is not involved, so you will not be affected when you run at loss but you will be affected...

Every one trade forex to make profit. Personally, I trade forex to make real money. It is also the easiest way of making money. Forex make it possible for me to have time with my family,It is very much different from some business that can take you away from home for couples of months.

Yes demo account is not like micro account in the sence that real money is involved in micro account but real money is not involved in demo account. If you want to trade forex and make real money, practice a demo account for a long period of time since any loss can affect you. You will not be...

As a newbie, the best broker that can serve you well is that broker that offers demo account, and a micro account. I think some forex offers bonus for a start. You should search for more brokers and know what they really offer for new traders.

Becoming a forex trader requires: 1. Ability to control emotions- some forex traders make alot of profit because they have the ability to control their emotions even when they are losing while some traders make a lot of loses because they lack the ability to control their emotions when trading...

I trade with forex because it is the quickest way of making profit, it also help us to know more about forex trading. It helps us to cope with loses and gain. forex is a Double edge sword. It is a game of either you lose or you gain its also fun.

Choosing a lot size to work with will make a big impact on your risk management strategy. Traders should choose lots size according to account size.The more you buy/sell the more profit you make at the end of each trade. I prefer a micro account, which I am currently using with Profiforex. This...

Any broker you like is the best broker to start. You can open an account with any broker of your choice. The one that suite you and can render you the best services.

You should not always accepts all advice that are given to you, rather you should weigh the advantage of it. You as a traders should have confidence in your self, do not let any one discourage you especially in hard times. There are thousands of people out there that will give million reasons...

Forex trading is for people who know how to trade. Forex is not for any person who wants to trade but for those who have understanding about forex. Many people think forex trade is one of the easiest way of making money, yes it is, but on the other way round, if you do not know how to trade...

Every one make mistakes especially in terms of trade. We cannot avoid making mistakes. The best way to minimize our mistake is, first have understanding about the trade, for it to be more interesting, open a demo account and do a lot of practice. Even if you make mistakes, don't be weighed down...

We should always try to use the two types of analysis, that is the fundamental analysis and the technical analysis. One thing we must understand is that technical analysis is also dependent on fundamental analysis. Having the good knowledge on both types of analysis is an added advantage when...

There are great female traders out there that can handle trade better than the male traders. But it is assumed that only male traders can handle trade in a smarter ways than the female traders.

No dealing desk brokers do not pass their client's orders through a dealing desk, this means they do not take the other side of their client's trade as they simply link two parties together. Does that mean they do not create market on their own?

Can one trade with currencies of choice? Are all currencies allowed in forex trading?

As a trader, forex is a game of risk, you either loose or make profit, either ways we should not be afraid of loss because the more you loose the more you win and the more experienced you become.

There are so many female traders out there, they can even trade far better than the males.

Am new in forex so the actual meaning of Stop-out level seems confusing to me, can any one please tell me its actual meaning?