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Everything posted by gaban
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@decub , yes, in the real account of the risk occurring is much more powerful than a demo account. Therefore we need to understand the risks well. By understanding the risks then we can do a good risk management. So that the risk can be minimized. For a newbie, use SL when trading.
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Forex is not as easy as we imagine. We need to do a good trading analysis to be able to make a profit. without it, then we will only lose. Therefore, for a newbie it is advisable to practice a lot of trading in a demo account. With a demo account, we can trade without risk.
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demo account vs real account, highly correlated. Until whenever, demo accounts will still be used to learn and test strategies trading before trading real account. Without trading demo account we just keep losing and losing. Not only the novice trader who needs a demo account. But professional traders also need a demo account to test strategies trading.
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not as easy and simple as if we want to forex for living. Because too many risks that occur with forex. With that risk, then we must have the skills and knowledge trading sufficient if you want forex to living. Patience and discipline is the key to making forex for a living.
- 305 replies
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- life vs forex
- discuss life vs forex
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Can no deposit free money help you achieve success on forex ?
gaban replied to kaito kid's topic in Forex Newbies
of course, no deposit is very useful for beginners. The instaforex, we can get a bonus post very useful for trading real account. So for beginners can take advantage of this bonus. With a very comfortable conditions for trading such as maximum leverage 1:1000, Trading without spreads, etc are very good for us to trade. -
Patience to be able to make a trade for living. With a very high risk in forex trading, it is not easy for us to make the trade for living. So we need patience. To maintain profit that we can get very difficult.
- 305 replies
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- life vs forex
- discuss life vs forex
- (and 1 more)
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I also use a maximum leverage of 1:1000 instaforex. I think the leverage is in accordance with my trading needs. if we can utilize leverage well chosen then our trading results will get maximum results.
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yes, one of the advantages of forex trading is with a demo account. With a demo account we can get a lot of trading skills. And with the demo account we can test our trading strategy well. therefore, we must make use of a demo account with either.
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Money management strategies- what is better?
gaban replied to ellliottt's topic in Forex General Discussion
money management is very important in forex trading. Because with good money management, trading then we will last longer in forex. We should be able to take into account properly, how the leverage to be taken, our capital, the lot will be taken, so that the capital we will not run out quickly and profit we can get. -
It may be that, by learning in real account so we can learn a real trade. We can know the real risks in forex. To learn trading in a real account, we can use the minimum deposit or free capital. As we know that the forex risk is very high.
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yes, I agree with you, with a copy traders we do not need to study the market with good analysis. With a copy of the trader, we can start trading real account. by using a copy of our traders can follow the signals given by professional traders,
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smaller leverage we choosen, then we face the risk of getting smaller anyway. Therefore, we must be selective in choosing the appropriate leverage our trading needs. But for beginners, it is better to use very small leverage. too dangerous to use substantial leverage. If we are unable to control themselves well, it will be very risky.
- 247 replies
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- leverage in forex trading
- Is lower leverage good
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I think forex trading is a very profitable business. We could benefit a lot from this business. Moreover, this business is a business that is highly flexible. we can trade anytime. And this business can be done online. That way, we can run this business at home. So many people are interested in this business.
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every trader have conditions trading vary. So the leverage it needs also differ. And the most important is that we can choose the appropriate leverage our trading needs. Too dangerous if we do not use leverage trading is not appropriate. Because leverage have huge temptation.
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Journaling can find our trading errors. So we can fix it. And try not to reduce the same error. trader Great is able to rise from the error. With a lot to learn and practice the skills of our trading trading is increasing.
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Newbie Trading in Demo Account , But For How Long?
gaban replied to kiranchandra's topic in Forex General Discussion
there are no provisions for sure how long you study in a demo account. Because with a lot to learn in the demo account our trading skills are getting better. And we also understand well the forex trading. However, the average trader to learn in a demo account within a period of between 3-6 months. After that, start a real trading account. For starters, we can utilize the free capital of broker for a trading real account. Like instaforex which gives a bonus post. -
I think the low leverage is great for beginner traders. Due to the low leverage then we can trade with maximum. But I prefer to use the leverage of 1:1000 instaforex. By using lower leverage then we can avoid ourselves from greed.
- 247 replies
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- leverage in forex trading
- Is lower leverage good
- (and 3 more)
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for traders who do not have a analysis capabilities good trading , So copy the trader can be a primary choice. It should be remembered, not all signals given by professional traders can be guaranteed to be able to make a profit. So we must be selective in choosing copy traders.
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demo account is very useful as a first step we enter the world of forex trading. with a demo account you can trade without risk. So you will get trading skills. and you can trade properly.
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highly leveraged trading profitable for us. because of the leverage that we can trade with small capital. so, you should take advantage of the leverage that you choose well. So you can benefit.
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Importance of Demo Account/virtual account in Forex
gaban replied to abdulla1's topic in Forex Newbies
Before you start trading real money account, it is highly recommended if you start trading on a demo account. By trading in a demo account, then we we can get a lot of benefits. We can understand the market conditions, analyzing the market, understand the indicators, etc..- 751 replies
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- forex virtual account
- forex demo account
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More than one account with one forex broker; is it advisable?
gaban replied to flybiz08's topic in Forex Newbies
yes, we could have more than one account with a broker. but in my opinion, those who have not had a lot of trading experience would be better if it has one account. So that we can focus on our trading , So the result we are maximum trading.- 79 replies
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- trading with same broker
- pro & cons of n no. of a/c
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yes, a demo account does not give you a real profit. All completely false. because we are trading in a demo account with virtual money. different from the real account, where we can get a real profit. But the demo account is very useful to test trading strategies well. That way, when applied in a real account, the result will be maximum.
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Importance of Demo Account/virtual account in Forex
gaban replied to abdulla1's topic in Forex Newbies
forex is foreign currency trading. where you can buy and sell currencies. currency typically sold and bought is a currency pair. with forex, then we can get the most benefit. before starting real trading account then you have to practice on a demo account.- 751 replies
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- forex virtual account
- forex demo account
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of course, is what distinguishes the forex leverage with other businesses. without leverage we have to spend large amounts of money for trading. It was very burdensome for those who have little money. but with the leverage we can trade with small capital