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    How do you plan on improving your forex trading in 2015?

    I'm just going to make sure that I'm very careful with all the things that I'm doing when trading. I know that sometimes I can be careless, which is why I need to make sure that I'm not. I don't want to lose much more money. I have been using demo accounts and I have to say that they have been...
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    What time frames are better to trade on?

    There is no need to complicate things once you understand the simplicity of an effective Forex trading system. Top Forex brokers will not care whether you trade on-trend or against it, since they don't bet against you, but you should. I trade 5-minute charts on the best Forex trading platform...
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    How do you handle your losses?

    Everyone is going to have losses because that's all just part of trading. It's something that you're going to have to live with if you want to trade. You are able to minimize it though by making demo accounts. I think that they are so important which is why I keep bringing them up. The best...
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    Common mistakes in trading

    I have to agree with you on those. There are people who use the demo accounts and then think when they go back to live trading that it will be the same. It won't and they lose that emotion that they had while they were losing their own money. That's why I always tell people that you must be very...
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    What kind of problems do you have with your forex broker?

    Since there are brokers out there who are less trustworthy, I always tell people to be careful. I always make sure that I tell people t be careful because while nothing bad has ever happened to me, I know that there are people out there who have been taken advantage of. I know that it stinks...
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    Have you learned from your mistakes?

    I have been able to learn from the mistakes that I have made. I honestly think that while it is hard, I did put good work into the trading that I did. I mean the demo accounts that I did make, have been able to help me. There are times though that I had to admit that sometimes it was hard when I...
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    Did you earn from Forex?

    I think that pretty much anyone is able to earn, but you just have to be good at what you're doing. If you're reading books or using tools like demo accounts then I think that you will be able to do well. I know that demo accounts have really helped me out a lot, and I"m sure that they could...
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    Demo Account or Live Account? Any Comments?

    I have to agree that starting with a demo account would be the best. They are actually very helpful because they are essentially a virtual trading platform where you can buy and sell various currencies without risking real money. In providing this service, Forex brokers replicate live online...
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    How many test accounts did you need?

    I still use them because I think that they can be handy. The more that you use them the more that your confidence will start to go up. But I'm always cautious because you may cause you to develop certain risk-loving behaviors that will surely ruin your live account in no time. It all comes down...
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    Why demo performance is often better than live performance?

    I mean I think that people like them just because it's a good way to get a good start. I know that they have helped me out a lot in the long run because I was able to come up with a good way to trade. I could figure out the way that I would be able to do it best. I know that some people say that...
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    Why trade in demo not feel any risk??

    The reason that people don't feel the risk is because they aren't losing their own money. You're pretty much emotion free when you're doing that because it's money you won't have to lose on yourself. Then you will start to take risks, and those will lead you to thinking you will be able to take...
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    How difficult forex trading is for you?

    I think that when first starting out that it's always going to be hard. Which is why I always tell people that practice is what makes perfect. I'm sure you're thinking that you can't because you're losing your own money, but if you use demo accounts then I'm sure that they will help you out in...
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    Forex Markets Can Be Dangerous

    Forex market makers essentially take the other side of your trade, every time you click Buy or Sell. For instance, if a Forex client buys one lot of EUR/USD at 1.12 and the client’s broker is market maker, they sell one lot of EUR/USD back to you at 1.12. In other words, market maker bets...
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    Strategies

    There are thousands of Forex trading strategies that are profitable, but every single one of them that really works is based on one rule only: you can make money by buying in an uptrend, and selling in a downtrend. There is no need to complicate things once you understand the simplicity of an...
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    Can i teach my wife for forex trading?

    You could teach her and if you're worried about her losing money, then I would just have her work with some demo accounts. I honestly think that would be the best thing that you would be able to do. I did it, and I have to say that it helped me out a lot. They are great because the account is...
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    How to manage Emotions of trading?

    I mean if I know that I'm losing money then I know that I have to stop. I have a hard time losing money just like the next person, but I also have a hard time trying to control the emotions that I have. I know that when I first started to use demo accounts that I had a hard time because there...
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    Downsides To Demo Accounts

    Demo trading may cause you to develop certain risk-loving behaviors that will surely ruin your live account in no time. It all comes down to trading psychology. Top Forex brokers will try to caution you against putting too much faith in trading results achieved with a demo account, mostly...
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    Do you think that you can benefit from your losses?

    I think that they can be learned from just because you can see what it is that you're doing wrong. I know that I've always been able to learn from the mistakes that I've made. That's why I've always used demo accounts when it comes to that. It's great because then you aren't using your own money...
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    Demo Accounts

    I don't think that I've seen a post about these, and I think they are so important that I'm going to make a post about them. I know that a lot of people lose money because obviously they are trading. It's not something that everyone is good at, and it's something that you have to learn. That's...
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    Should we trade under pressure?

    That is very true, but I think that you will always have that pressure. One way that can help you though is the demo accounts that you can make. That way you can brush up on the different ways to trade and see what ones work for you. I know that I did it and it really helped me out in the long...