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Everything posted by gaban
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Technical or Fundamental that you like more?
gaban replied to andry777's topic in Forex General Discussion
I prefer doing Technical Analysis than the fundamental analysis. tekhnikal analysis more refers to mathematical calculations. I believe that the pattern of market will be influenced by of past data. So that the prediction can be right, although not 100%. Sometimes I also do fundamental analysis to strengthen my tekhnikal analysis. -
Do you think compounding is important?
gaban replied to andry777's topic in Forex General Discussion
I agree with you. key discipline in forex trading. traders often do not have good emotional control. Greed for gain huge profits experienced by many traders. So take a large lot. I, myself, not be too ambitious to get a big profit. small profit as long as can be consistent it will be much better. -
I agree with you, every newbie is not easy to earn money in forex trading. Forex has many risks. So it takes a many of experience to be able to earn money in forex trading. We have much to learn and practice.
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What do you think about free deposit from broker promotion?
gaban replied to kaito kid's topic in Forex Newbies
I agree with you, many is make of free deposit bonus as a trap to get clients. We have to be more careful in choosing a broker. Do not let us be tempted by promotion given. if we no carefully, might we will choose a broker that scam. -
Forex forum Do you think forex forums can improve my trading skills?
gaban replied to flybiz08's topic in Forex Newbies
A many of science that we can get from forex forums. posts provided very useful for increasing knowledge and skills of our trading. If we can be active in the forex forum then it will give you an advantage for us. I also took part in the forex forum.- 456 replies
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- importances
- added advantage
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Do you think compounding is important?
gaban replied to andry777's topic in Forex General Discussion
get compunding profit is more important than getting a big profit. Because the forex risk is very high. we can not predict exactly which direction the market will move. get a big profit is nice, but how much we will be able to survive with such conditions. -
How do you trade the news in forex trading?
gaban replied to asiaforexmentor's topic in Forex General Discussion
I only use tekhnikal analysis when trading. This analysis, based on mathematical calculations. I only read the forex news only to support the Technical Analysis course. I think, a pattern of market movements is influenced by past data. so I prefer to use technical analysis rather than fundamental analysis. -
I think, live and online mentor equally beneficial. Because we can learn about the ins and outs of forex trading directly from the teacher. And I think, we should make the best use possible. Because a lot of knowledge that we can get.
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yes, I agree with you, we should be careful in choosing leverage. think carefully before choosing leverage. Laverage large could be detrimental for our trading. Moreover, if we do not have good money management. With higher leverage will make us become greedy trader. As a result, our accounts will not last long.
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I think it is the excess of forex trading. Today, forex trading is a business's most in demand by many people. Moreover, forex trading is a promising business. And brokers also provide a good service.
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To choose forex trading, then we have to master the analysis. Because, the market movement always changed is uncertain. With a good analysis, then we can create a picture of where the direction of the market movement. We can make use of technical analysis and fundamental analysis.
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Many sources that we can use as a means of learning forex. We can learn from forex forums, books, Google, etc.. Even the broker itself also provides a means for traders to learn. Like instaforex. In instaforex, we can learn forex video training. Materials provided very instructive and easy to understand. And we also can learn trading through a demo account.
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New To Forex , So How Much Do I Invest ?
gaban replied to kiranchandra's topic in Forex General Discussion
yes, I agree with you, we are able to start trading with low investment, especially for a new start trading. Due to the condition of psychological, account demo and account real is very different. With low investment, we can test our trading psychology. In instaforex, we could invest $ 1. -
Scalping is a trading strategy most preferred by traders. This strategy offers a fast opening or closing daily at various positions. Trader trading close to making a profit just a few pips. Instaforex is a broker that provides comfort in scalping.
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What risk management strategy that you used?
gaban replied to andry777's topic in Forex General Discussion
Risk management is very indispensable in forex trading. With good risk management, will help us to minimize the risk. Because forex is inseparable from risk. Forex risk can not be eliminated, but can be minimized. Risk management that is often used by traders is Stop loss. This is one of risk management, which we limits the extent to we will bear the loss. -
Did Greed for Trading More Return Loss for you?
gaban replied to kiranchandra's topic in Forex General Discussion
Every trader ever experienced loss. Usually when we get quite a lot of profit, we will not be satisfied. We tend to get more profit. As a result we become greedy trader. By investing substantial capital in the hope of profit obtained is also greater. But that we can get loss. We must remember that forex is high risk. Greed will only make trading we experience loss and loss . -
Newbie Trading in Demo Account , But For How Long?
gaban replied to kiranchandra's topic in Forex General Discussion
yes, I agree with you, we really should not be in the long teralu demo account. However, we must remain trading in a real account. Because psychological conditions demo account different from the conditions in the real account. We could have a trading real account by using a minimal deposit. In instaforex, we can deposit $ 1. -
In my opinion, the way to reduce the risk of forex is to put a stop loss and take profit. This method is the safest way. We can take how much loss we can bear and how much profit we receive.
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I agree with you, if we can get a consistent profit forex then we can make it work anyway. But getting consistent pofit not easy. We should have a lot of knowledge and trading skills well. I for now, just to make forex as a part-time job.
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Newbie Trading in Demo Account , But For How Long?
gaban replied to kiranchandra's topic in Forex General Discussion
Depending on the capabilities of each trader. If I learn trading in a demo account for approximately 6 months. Even now I still use the demo account to practice trading. This really helped me in understanding the basics of trading. And for beginners it is recommended to use as a practice demo account trading. -
New To Forex , So How Much Do I Invest ?
gaban replied to kiranchandra's topic in Forex General Discussion
If you are a beginner, then you can learn in a demo account. Or you can also learn in training videos instaforex. In the demo account, you can learn the basics of trading. Understand the demo account is fine. After that, you can start trading in a real account. For the initial investment. we can use the minimum deposit. In instaforex, we can deposit $ 1. Because it would be dangerous if we use a large capital. -
of course, with active on forums forex trading then our knowledge is increasing. A lot of knowledge that we can get from this forum forex. Here, we can exchange mind with other traders. So that trading we would be better off again.
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yes, to be successful in forex trading we must have good skills. We know that forex is high risk business. With good trading skills, then we can minimize the risk. And we also need discipline, good psychology and good money management. That way, we can get the profit.
- 336 replies
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- long term forex trading
- risk in forex investment
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Forex is a promising business . We can invest here with a small capital . If we can be patient then the profit can be obtained . To start forex , we have to learn in a demo account first. Very dangerous if we do not learn in a demo account . Because market conditions are always changing.
- 336 replies
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- long term forex trading
- risk in forex investment
- (and 6 more)
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Forex is a high risk business. With a large investment, the opportunity to make a profit would be wide open. But we must remember, that more the amount of capital we are, the greater the risks faced. Therefore, we must have a lot of knowledge and skills in trading. In order to minimize the risk faced. So a big profit we can get.