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gaban
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Everything posted by gaban
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Of course, before we decided to actually trading in real account, we can invest our time to learn and add to our trading skills. Very risky at all, if we are trading without having sufficient knowledge and skills. Because forex is a very risky business.
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I agree with you. The best place to practice is to use a demo account. too dangerous if we use a real account. Capital that we spend will quickly run out useless. process we in the of forex is still long. So you better keep your money well. In the demo accounts, we can test our trading strategies and choose a good indicator before being used in a real account.
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I think we are always in need of demo account. Because the demo account we can test our trading strategy. And until whenever demo account is always used. Even professional traders who are still using a demo account to practice trading. Because in forex high risk. With practice, we can minimize the risk.
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I trading every day. I think trading every day is much better than the infrequent trading. Because to trading every day, we can train our skills about trading. We can also understand the market conditions that occurred.
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For the newbie, mini account is better. Do not use a micro account because it will hurt us if you have a loss. Because we do not know how the actual market conditions. Although in our demo account can be managed, not necessarily in real account we can also succeed. The forex business is full of risks. I think opening a real account with a minimum deposit will be very helpful. In instaforex we could open a real account with only $ 1.
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before we actually get a consistent profit in forex, it would be better if we choose forex sabagai part-time job. As we know that forex is risky business. So that when we lose a lot of money in forex, we still have an extra income.
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I think, we can not practice on real account, because it will only waste your money. We can use the demo account to practice trading. Each broker certainly provide this account. In this account, we can learn how to trade.
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I think forex different to gambling. I think there are no buy and sell in gambling, while there are sell and buy in forex trading. And for can generate profit in forex we need science. Without science, we would not make a profit. while gambling, whether we need science to be able to make a profit?
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3 Tips For Currency Trading Success
gaban replied to smithlover84's topic in Forex General Discussion
Thanks for the advice. Good advice. with this suggestion, we could do a better trading. But this will not be useful if we are not disciplined. Discipline is the key to success in forex. With discipline, we can minimize the risk. -
Forex is a high risky business. We may not make a profit every day. Because to frequent price changes every day in the forex market. And also we can not properly analyze the market. No market analysis that can be right 100%
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Forex is a risky business. we can not rely on luck to succeed in forex.Tapi we need knowledge. With knowledge, we can minimize the risk. We also have a lot to learn more about forex. that our knowledge is growing. That way, we can be successful in forex.
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Forex is very flexible. Because the forex market is open 24 hours. So we can trade whenever you want. Therefore many people who make forex as a full-time job and a part-time job. If we can get consistent profit, we can make forex as a full-time job.
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on forex risk can not be eliminated . but we can minimize the risk . With knowledge and trading skills are good, then we can minimize the risk . But it all is not easy . We have much to learn . Because of the risk that always comes up .
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Psychology is the most important in forex. Because psychology affects our trading results. If we are psychology, are not good, then we do not need to make trades. If enforced, the results of our trading will be less good. Can also trading we experience mc
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In addition to our demo account can also use the contest to learn trading. By entering the contest, we can measure the extent of our trading ability. And we can also learn from other traders. By doing so, then we can develop trading skills.
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I agree with and. Robot does have many weaknesses. I think I'm more comfortable trading manually instead of using the robot. Since I could train my trading skills. in order to grow better.
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Forex market is the currency trading market. each year there are about $ 10 trillion over trade in the forex market. and you can imagine how much of a benefit. But it was a profit in forex is not easy. Requires a good deal of skill. Because forex is a very risky business.
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greed will bring harm to our trading. In forex we really should not be greedy. If we are greedy, not the profit that we get, but we get the loss. We should be able to control our greed. consistent profit will be much better, than the big profit but rarely. Exercise on a regular basis, I think enough about trading to hone our skills. By doing so, we will make a profit trading consistent
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I think forex different to gambling. I think there are no buy and sell in gambling, while there are sell and buy in forex trading. And for can generate profit in forex we need science. Without science, we would not make a profit. while gambling, whether we need science to be able to make a profit?
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I agree with you,. robots tend to work in static. And robots can work if the computer is on. That's why I do not like robots. I am more comfortable trading manually. Because the trading can manually add my trading skills.
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yes, you are right, forex can be used as an investment in the long term. Since I to be successful in forex we need patience. Since I do not every day we can make a profit. Sometimes we also get a loss. That is why forex is very good for long term investment.
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with trading every day will have a positive impact for us. With every day trading,we can hone our skills trading . So that we can minimize the risk. That way, we can get a consistent profit.
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Importance of Demo Account/virtual account in Forex
gaban replied to abdulla1's topic in Forex Newbies
By practicing on a demo account, we can improve our skills in trading. Here we can test the strategy. Before applying it on real account. So that our trading results will be maximized. And we can minimize the risk. -
yes, to be successful in forex does not require process briefly. Here we need a lot of skill. we can use a demo account, to increase our skills in trading. Here we can try finding a suitable leverage for our trading. We can also enter a contest held by the broker. That way, the skill in trading is increasing.
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Forex is a very flexible job. Because the forex market is open 24 hours with 5 work days. I can do trading whenever i want. So, forex could be used as a full-time job and a part-time job. For me, before I get a consistent profit, then I thought, I'll make forex as a part-time job.