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tirus

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Everything posted by tirus

  1. tirus
    Its a known fact that there is a good potential to make great profits out trading and that this earning potential is actually limitless. It doesnt mean that you set your profit goals you will be putting down $100 000 a day while you are working on around $1000 capital. That would not be realistic. If you happen to make the greatest of profits from that $1000 then so be it but your goals on returns need to remain realistic.
  2. tirus
    Its all just part of preparation and this foundation phase is important to instil the basic terminologies that forex trading does involve so that we are familiar with and can understand them. Yes, it may not be possible to learn all the terminologies right from the beginning but some basics are necessary.
  3. tirus
    Its good that you are determined to keep on trading and learning despite the circumstances because some traders are not persistent and will start thinking about quitting when they hit MC and find that it was quite a lot of funds involved. Its never easy to recover from huge losses I would imagine but but its part of the learning process.
  4. tirus
    They are just part of incentives that brokers come up with to try and lure forex traders to trade on their platforms because this is how they get to make money off our trades. In the end it would be worth for them because you might actually decide to trade with them in the future and therefore provide them with revenue.
  5. tirus
    Yes, every trader can set their own targets as trading capital that they would like to have before they can begin to trade. Once they have determined that they can even start to accumulate this over time while they are in the process of learning. This would be ideal because when they are ready to go into real trading they would then have the funds.
  6. tirus
    The only way that you can fully eliminate the risk in forex trading is if you just never trade. Other than that anyone who is involved in forex trading should be aware that there will always be some amount of risk involved regardless of how much trading experience that the trader has acquired. Experience will only help you to minimize the risk but not eliminate it.
  7. tirus
    This is a process that needs to be followed step by step as you rightfully stage by stage so in as much as we may like to have comparison between the two they are both effective in their own right for one to become a successful trader. Yes, once you have some direction with your trading strategy and see profits in demo account mode you can move to the next step which is real trading.
  8. tirus
    That determination needs to be backed up by the willingness to learn because if you are determined to succeed against all odds you will do whatever it takes to equip yourself with the resources and knowledge to get you there. Forex forums also help to direct you on where to find the necessary forex knowledge and resources besides dealing with discussions.
  9. tirus
    It is human nature that we would try and get the most out of our investments in everything that we do so its not easy to be satisfied. This is why one needs to be disciplined enough to trade within acceptable parameters so that they dont end up being greedy.
  10. tirus
    There's no doubt that you will eventually have to go into the real account because this is where the money is going to be made eventually. The thing though is to have timing so that you dont get to jump into the real account without proper practice in the demo account first.
  11. tirus
    It would be advisable to start first in the demo account if you have the basics of forex trading without going first into the real account. Here you can get to do some practice of the strategies and tips that you would have received on places like forex forums because at the end of the day you have to put the knowledge into practice.
  12. tirus
    Internet connectivy from the mobile could be a nightmare especially if you get to areas where the connection may be weak for that matter. For me it would much better to work on a tablet than on a mobile phone if I cant get access to the Laptop for whatever reason because the screen resolution would still be higher and become easy to navigate.
  13. tirus
    Well, they do have the same purpose indeed and that to make money at the end of the day. The approach is what is different because with forex trading comes learning and preparation attached to it while with gambling its more of a guessing game and hope you get the odds right.
  14. tirus
    This is the best thing about the demo account. You are able to do testing for your trading strategy without having to worry much about the losses but of real money so you can keep refining it till you see good results. Even though you lost $3000 its not real money and through your trial and error you are getting somewhere and improving your trading skills.
  15. tirus
    Yes, this is one of the ways that they can be able to decipher whether the so-called myth is true or not. Otherwise they might just end up believing is something that will just lead them to trading carelessly or just land them in huge losses.
  16. tirus
    Accepting that there is a risk in forex is good because we are not going to get frustrated in the event of losses because you know that they are part and parcel of trading. That doesnt mean that we need to relax though but we must remain vigilant and try to avoid these losses and learn from the ones we already came from.
  17. tirus
    This is why there is no need to think that the demo account is only useful for beginner traders only because it is very valuable to all kinds of traders whether experienced or beginner. It will save traders the hassles of testing out their trading strategies in the real account which puts their money at further risk.
  18. tirus
    It would certainly be much better to have more capital when you are going into trades especially if you are an experienced trader because you will not have to start and stop as you are trying to raise capital for your next trades. You can accumulate capital while you are learning and practising so that you can accumulate a good target.
  19. tirus
    The fact that its practice grounds makes it a very valuable addition to the tools that a trader needs in order to be successful in their trade. There is nothing to lose but a lot to gain by being active here since you will get experience on how to use the trading platform and experience before you go into real trades.
  20. tirus
    I do come across some threads that I havent posted in not even once on the forum now and then and it becomes refreshing to get to those. Sometimes though I dont want to go digging for threads because I mostly just reply to threads that appear on the first page of the section which are the popular ones most of the time.
  21. tirus
    Surprisingly the forum was paying much faster before admin went on leave but there were still many of us that were not that active as well so I dont really think that this is the only thing stopping members from being active here. I think the fact that the forum is also a forex only forum might have to do with activities as well.
  22. tirus
    It would really depend on the amount of posting activities that are still on the forum at the moment. As we can see that posting activities has really gone down a lot since the delays in payment processing it would not be easy to reach good target so you would need to be persistent with your posting when you have some time.
  23. tirus
    I just managed to get my payment request in the queue today since I just got to 500 points in here. Its been a long time coming since I didnt have the motivation to resume posting on the forum although I didnt really need a lot of points to get there. I will now wait for the approvals and payment to take place.
  24. tirus
    I also made a payment request deliberately for $4.02 on the forum to test this out to see whether they will reject the payment request or not. We have been speculating about this for a while now because there are conflicting threads on the forum with one stating that the min and max is $4 while the other one mentions that there is not limit. It would be good to find clarity regarding this.
  25. tirus
    Yeah, the best thing is to browse and post on the site using a computer if you want to have the best experience to post on the forum. You will hardly experience problems with posting on the computer as many are experiencing when trying to post on the mobile and because this has been like this for a while its clear there will be no changes soon.
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