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Everything posted by gaban
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Importance of Demo Account/virtual account in Forex
gaban replied to abdulla1's topic in Forex Newbies
Yeah, we just have to make practice regularly so that we can better understand the forex market so that we can make an analysis that could make us get maximum results when trading. Demo account is the best step to start trading in forex to understand about this business- 751 replies
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- forex virtual account
- forex demo account
- (and 7 more)
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There are a risk in any business. If forex is risk free business, I think there's no trader who will lose their money in the forex trader and there's no trader are failed. The risk is one part of the business that we will get, that risk can not be eliminated, we can only minimize them. If you wanna invest in forex trading, you should invest your time first to learn this business, then you can invest your money. And don't invest your all money in forex, it's risky business.
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Sure, as long as we are willing to try, we can surely achieve what we want. Nothing is not possible that we can get as long as you try. Lose money in forex is not the end of our trading, make the experience as the best teacher because we get a valuable lesson from the experience we have experienced.
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Is forex your only source ofincome?
gaban replied to starwar1508's topic in Forex General Discussion
Not, forex is not the only source of my income, my forex trading to earn extra income. I am still a part-time trader in forex. But I hope, I can get a consistent profit and can make forex as a main job. -
We can use demo account to start trading and learn about trading further more. In demo trading, we will not get real risk and we can get trading experience that we can use in real trading. But we must remember, that there are differences about demo and real trading, so we have to be careful when trading in real account. I also use demo account to start trading in forex for first time
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soo many brokers, and I want to pick one :)
gaban replied to Sara888's topic in Forex General Discussion
Yeah, from this forum, we can get free capital to trading and i also there are many broker which offers same promo, both it's a welcome bonus, posting bonus or something else. But unfortunately, some of them give a deadline / period of validity of these bonuses. -
Importance of reviewing our trading history
gaban replied to PROPENSITY100's topic in Forex General Discussion
That's right, that's why evaluating this trade is essential to assist traders in trading improve to make it better again. Record our mistakes, find and implement the best possible solution in subsequent trading. -
Forex is not a gambling, those who consider forex is gambling is that people do not really understand with forex. Need skills and tenacity to be able to become a successful trader in forex and also requires a process.
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What do you think about free deposit from broker promotion?
gaban replied to kaito kid's topic in Forex Newbies
Deposit in large amounts is good if we can manage well and we are also prepared to lose the money. And I think, better small deposit in advance or can also take advantage of the no deposit bonus, especially if we are not trading skills honed. -
The most difficult is controlled by emotions when trading. Many traders fail because emotions can not be controlled, one of which is greedy. And that's why a lot of traders who say that trading is the biggest enemy of ourselves, it's emotion.
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What do you think about free deposit from broker promotion?
gaban replied to kaito kid's topic in Forex Newbies
Yeah, no deposit bonus will teach us to be patient trader, discipline with out money management. I also started trading using a posting bonus from my broker. And i can got profit using that bonus, althoug in small amount. -
I prefer to trade in forex. Forex trading is a flexible business, not bound by time and place and it makes me interested in this business. I tried to active in forums to get more information about this business and to learn forex further. Although Forex is high risk, but i can get many other benefits from forex. Now, i'm trading with InstaForex.
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For the first time, you should invest our money in a small amount or maybe we can take advantage of no deposit bonus given by our broker. And in my experience, i use no deposit bonus then i invest my money.
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There are no shortcuts to success in Forex. The best and the most important way to earn in forex is through complete forex learning and through continuous forex practice to make our trading skills be better and more better.
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I do not know why, but I think trading with a demo account is not something that is a waste of time. I feel the benefits of this demo account but I see a lot of traders are recommending this to learn trading account. And I think there is no harm if we follow what is recommended.
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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
Follow this link if you wanna try trading with a posting bonus. It's forum which sponsored InstaForex. -
soo many brokers, and I want to pick one :)
gaban replied to Sara888's topic in Forex General Discussion
May be you can try to trading with InstaForex, i also use this broker. And i started trading using the posting bonus to feel their trading conditions, i still use this broker until right now, so far i never found problem with this broker. -
Importance of Demo Account/virtual account in Forex
gaban replied to abdulla1's topic in Forex Newbies
Trading with demo accounts will not give us a real profit, because we use capital for trading is a virtual capital, but the demo trading is a suitable place to learn trading before using real account. If we want to practice with a bit of a challenge, maybe we can follow the demo contest.- 751 replies
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- forex virtual account
- forex demo account
- (and 7 more)
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Forex trading is a business that is not instant, takes time and effort so that we can succeed in this business. So be lying if someone said that this business is the fastest and easiest way to make a lot of money. For who is an expert might be able to like it, but for a start from scratch does take time and effort to be like that.
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Do you think compounding is important?
gaban replied to andry777's topic in Forex General Discussion
Compounding is important to get comfort in trading, but it would better if we do it after we can make profit consistently in forex. And if we had have big capital to trade, we should be discipline, don't be greedy when trading. -
I believe forex can be a main job, because there are some traders who has become a full time trader in forex and can make forex for living. Is there any one who have be one of them?
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What do you think about free deposit from broker promotion?
gaban replied to kaito kid's topic in Forex Newbies
By using a no deposit bonus, a novice trader can feel the atmosphere of the trading account rea; without having to make a deposit first. Moreover, no deposit bonuses can also be used to test a broker. -
Sure, a trader should have a trading plan because whatever we do will not run without a plan directed. And a trading plan will be produce maximum results if we are disciplined in implementing them.
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Understanding about forex very needed if we wanna earn profit from trading. Almost all of beginner traders feel difficult to get profit for first time Because they do not have any experience at all. That is why we need to practice and try to understand the market conditions, so that we will know when the right moment to make order.
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And each trader has a trading strategy is certainly different. I think, the best strategy for us is a convenient strategy for trading so that we apply when we are more focused.