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^ Actually, sometimes the instability can influence to market to rise up. This has happened few times before I believe. The low the political events are, the low the impact they will have on market. And same can be said vice versa.

I agree about using ECN broker, having been using one of this type with fxview for a long time, and their trading conditions are quite intact to this day. Spread, commission, leverage, deposit, you name it!

Confusion happens when your trading plan is not perfected or developed, so it is important that you pay attention to what you are doing in trading, hence to avoid any confusion faced while trading.

It is always said that always think out of box, which allows you to be more creative and spend more time wisely in producing a better idea. So when you are able to think out of the box, you will be instantly having a good idea on what to look for in general.

Trading has got no meaning if proper analysis is not done. Every forex plan or strategy would work well in the market, only and only if, it is created after doling sufficient research and analysis.

Agreed! Demo trading is quite important before staking real money in trading.

Is this broker good for scalping? Looking for some genuine reviews. TIA!

Trading is something that requires serious hard-work and practice. Not that one should stress himself because of it, but not take it that lightly too. One who prepares with good efforts, will be rewarded equally.

Nobody can avoid complete risk in forex, one has to go through certain % of risk while one trades. But yes, with sufficient amount of risk management, you can of course reduce the level of risk.

Just go through the online sources to get complete info on forex, do not go for the paid ones but. There is a lot of information that you'll get for free, use that.

You have really mentioned certain things that I am sure many of us aren't doing while we trade and these are important. Evaluation is a must while trading, that keeps us on the right track.

I agree on that. Lack of discipline is one of the major reasons behind a trader's failure. Many try to be overcome and handle their emotion quotient while trading, however, not all are able to succeed, mostly because of lack of a trading plan or a good system to follow

Currency trading is one of the most largest traded market. Many have gained a lot through this type of trading, however to succeed here is not taht easy as well. To cope up with this highly volatile market, one needs good amount of skills.

True! Nothing good can be achieved if the right kind of knowledge is not used at the right time while trading. It is very important to have trading skills, but at the same time being knowledgeable as well to have success.

I agree with you. Not only do some of them enter without a realistic goal, but also without any plan or good base of knowledge. But lack of all this takes them nowhere but close to losses only.

Yes trading is no game. But many people do take it as lightly as a game, skip the minute details and learning part and end up in failure.

That's right! Patience and hard work; most important.

I agree on this. Excelling here is a step by step process. Only those who go slow and take each learning part seriously will have success.

The moment a trader becomes greedy, he starts aiming for irrational goals; expectations become unrealistic and all he gets are losses. It is very important for every trader to be rational and aim only what's possible keeping the risk management intact.

Demo trading is very important. Many traders try to skip it and straightaway start live trading, but I think that's wrong.