I agree with the first point, not so much with the other two. Trading is often a marathon, not a sprint. I think one shouldn't be too ambitious from the start.

Can anyone become a trader?

I agree. It often takes months, even years to learn enough and accumulate enough experience to start trading profitably on a regular basis. It's not an easy road to take.

Should I quit trading forex?

There are a lot of free webinars out there too. When it comes to trading knowledge I, personally, have only ever been willing to pay for books - books written by famous, successful, knowledgeable traders, that have gone through editor control and ...

No One Should Ever Pay For A Beginner Course

That is my advice as well - open a cent account and use the smallest lot possible. You won't make big profits, but you will gradually teach yourself how to deal with trading with real money.

How to start like a pro? - afraid to open trades

The Swiss financial regulator FINMA has added the binary options broker Swiss Royal Banc to its list of unregulated entities. Between the misleading name falsely associating them with a hugely prestigious financial institution and the fact that they ...

Show me a scam broker

I agree. If one is going to take big risks they should probably at least take those risk with their own money. Doing it with money that aren't theirs to begin with can just cause even more complications.

Going all in on a trade

Demo accounts are a good learning tool so a newbie can practise in a safe environment, but they are not nearly enough to actually become a profitable trader. One has to move onto a live account sooner or later.

New To Forex and Need Advice!

There are plenty of free video tutorials and lessons though. A paid mentor is generally a last resort.

No One Should Ever Pay For A Beginner Course

That's what I've always wondered about people selling EAs and strategies - if they're profitable why do they need my money?

What helped you the most to be profitable?

I became more profitable when I realized that I should follow my trading plan as closely as possible and actually started doing it.

What helped you the most to be profitable?

I don't like using bonuses. That is just a personal preference, mind you. I'd rather trade with less money but know that they're all mine and I am in full control of them than use a bonus.

where do i begin?

The Nova Scotia’s Securities Commission (NSSC) in Canada has issued a warning against the binary options automated trading program named Canuck Wealth / Canuck Method / Binary Online. According to NSSC representatives of the Canuck Method have ...

Show me a scam broker

That's my point too. The idea behind such accounts is to learn to deal with trading with real money, not to make big profits.

where do i begin?

That's one reason, that's for certain. Another reason is that sometimes people just run out of money - they invest what they can, blow their account (it often happens to newbies) and then they're unwilling to invest more. Which is totally ...

Can anyone become a trader?

One can't stay forever on a demo account, moving onto an at least small live account is necessary to learn to trade with real money and deal with the psychological pressure related to that.

where do i begin?

Yes, anyone can be trained to become a trader, but different people need different time and effort to learn to trade well. Some give up before they've reached that point.

Can anyone become a trader?

The scheduled big news events are very much avoidable, as long as you develop the habit to check the Forex calendar regularly, and by regularly I mean at least once a day. As for the unexpected ones, the best you can do is learn how to place a stop ...

How to avoid market crash?

Sometimes the basics aren't enough to trade well. That said, there are plenty of free or at least cheap resources for the more advanced knowledge too.

No One Should Ever Pay For A Beginner Course

FXCM has been having problems lately. The US National Futures Association (NFA) has announced it is permanently barring from membership the Chicago-based introducing forex broker Vankar Trading. The body overseeing the forex and introducing brokers ...

Broker fined again - $515,000

I suppose that depends on how one interprets that phrase. If you interpret it as "A strategy that will help me have more profits than losses" then there is probably a holy grail of trading. If it's "A strategy that only leads to profits" then no, ...

The Holy Grail of Trading