rrayne2009

You're right indeed.But forex is "survival of the fittest" :laugh:. Forex is just a risk managing game and is not a lottery or a overnight millionaire game show.

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you are right gaban.We can find many broker promotions and ads here at forums in broker section.We can see their offers and what qualities do they provide.

Gambling always all the time depends on luck.If your cards didn't fall into good pieces,there is nothing much you can do but rely on luck.In forex,you can't depend on luck to be successful.You must be skillful and knowledgeable to analyze the market for favorable and profitable trade position.

Thank you for your responses.Forex is definitely tasking but as you said,it is challenging because analyzing the unpredictable market makes you think and work harder to put up a good trading plan.And patience must be appllied everytime and you must not get bored along the way.

I agree with you Gaban.The forex market offers a huge potential to profit a big amount of money.But as you say,it is not easy though.You must be knowledgeable and skillful to succeed.

Patience is a trader's virtue.Discipline is the ability to be patient.As a newbie,you must be patient on learning and acquiring forex trading skills as it takes time and process.

I agree,especially on the money management.One way to build upon your money management plan is to have a "realistic profit expectations in your trades.Do not aspire to much profits because you may lose big part of your capital.Don't be greedy.

Many arguments has been raised that forex is similar to gambling.What do you think is their difference and why we can't associate the two?

Sitting a lot of hours in front of your computer monitoring your trades and reading the market movement can sometimes be very tasking.Are you sometimes get bored doing these things?

We read a lot of news,posts and comments that majority fails in forex.But still many people try forex trading.What do you think is the reason why many people still try their chances in forex?

We should also see to it how good is a broker's trading platform.We must not underestimate the power of the trading software coz it might be crucial for your future forex trading.

Hello Osphir!welcome and have nice stay here.

great way to earn a side income.it's like forex,you can earn online.Maybe you could also try to invest on it.