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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
I'm sorry to hear that. I think you should take a break. Doing refreshing to stabilize your psychology. I usually do it after experiencing margin call. And also evaluate trading so my mistakes that i made will not repeat again.- 751 replies
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- forex virtual account
- forex demo account
- (and 7 more)
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To be able to trade in the forex we should study first. And demo trading is the right place for it. Here, we will gain trading experience that we can use for real trading. And if we have ready for trading using real account, I suggest to take advantage of bonus offers from brokers.
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Psychology of a trader in the Forex is to determine the results to be obtained, especially emotions. That is why we should be able to control your emotions when trading. Do not be easily lured by market movements.
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Importance of Demo Account/virtual account in Forex
gaban replied to abdulla1's topic in Forex Newbies
With demo account, we can learn trading with out any investment. And we can use demo account to take part in demo contest to get more trading experience, beside that we get chance to win the prize which we can use to trade in real.- 751 replies
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- forex virtual account
- forex demo account
- (and 7 more)
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which currency pair do you prefer?
gaban replied to TradingForex.com's topic in Forex General Discussion
Yeah, i also prefer to use eurusd when trading with instaforex. My reason is same with you, I choose this currency pair because of its volatility. -
I prefer to choose forex as my part time job, because i can start trade without having deposit first by using bonus from broker. I started trading with $35 from instaforex, i get it from their forum.
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hone your trading with a demo account and a real account
gaban replied to rizal83's topic in Forex Newbies
I hone my trading skill in demo trading and demo contest from my broker, instaforex. In demo contest, we will get more advantage, beside we can hone our trading skill here, we can get chance to win the prize that we can use to increase our trading balance. And i use real account with bonus post to trading with my broker. -
What do you think about free deposit from broker promotion?
gaban replied to kaito kid's topic in Forex Newbies
I think any good broker will surely give comfort to trading for their trader, either in the form of bonuses, facilities, and others. Instaforex also gives a bonus to me. -
Scalping is one of trading strategy which are closing positions in less than 2 minutes. And to do scalping, we have to choose broker which allows us to do this strategy, like instaforex and other broker.
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I use profit that i've get from trading to fulfill my daily needs. I don't compound it because i have get bonus post to increase my balance for trading with instaforex.
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Importance of Demo Account/virtual account in Forex
gaban replied to abdulla1's topic in Forex Newbies
Demo account is suitable for beginners who still learn about forex trading because we will get real risk when we trade with this account. But we can not train psychology in demo trading. I use real account with bonus post from my broker to train my psychology.- 751 replies
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- forex virtual account
- forex demo account
- (and 7 more)
-
Need a good broker with a little spread...
gaban replied to LIAPLEBARSEDA's topic in Forex General Discussion
You're right, Many good broker in forex trading, but but a good broker is not necessarily comfortable to use for trading. I also use instaforex, they provide convenient service for me. -
It depend ourselves. But I trade every day after working because forex is my part time job. I like scalping strategy when trading with my instaforex account.
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Forex market is open 24 hours in five days, Monday until Friday and forex market is closed on weekends. Traders usually spend their weekends to make evaluation for their trading and they also refreshing. Refreshing is very needed in forex, because if the mind is not fresh, we can not trade well.
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5 Things to Consider in Finding the Best Forex Broker
gaban replied to dhanpreet's topic in Forex General Discussion
Making deposit for trading for a newbie is not an issue, just that they should be prepared to lose money in forex for the first time, and make sure we have to choose the right broker for trading if we want to trade with their own money. -
Sure, I have a trading plan. Without a plan, the activities can not walk properly and directed. In fact, sometimes trading with the plan, we are still going to face obstacles.
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5 Things to Consider in Finding the Best Forex Broker
gaban replied to dhanpreet's topic in Forex General Discussion
It's very useful thread for beginner who are still looking for broker to trade. And i think we can know the performance of the broker by trying to demo trading or if we wanna feel real trading with that broker, we should use bonus, don't make deposit first. -
Need a good broker with a little spread...
gaban replied to LIAPLEBARSEDA's topic in Forex General Discussion
I just trade with instaforex and i love their great bonus programs, one of them is bonuses for posting which i can get from their forum. And they offers spread that is not too high. -
Scalping is one of trading strategy which are closing positions in less than 2 minutes. And to do scalping, we have to choose broker which allows us to do this strategy, like instaforex and other broker.
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Welcome bonus by brokers - Make guaranted money
gaban replied to yogeshwartyagi's topic in Forex Newbies
Yeah, welcome bonus is very useful for trader who can use as well as possible and i think bonus post is useful too. I started trading with bonus post from instaforex, the term and conditions to withdraw profit is not too complicated. -
why many people see forex trade as gambling?
gaban replied to rockstar's topic in Forex General Discussion
Because they don't how difficult to make profit consistent. They just know someone can make money consistently and easily in forex. Behind it all, a trader must go through a long process and not as smooth as asphalt roads. So no wonder if many people have opinion that forex trading as gambling. -
I prefer to choose forex forums as my mentor. Because there are many traders who share their trading experience and i can learn from their experience to make my trading skill be better.
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Until now, i still use demo account. I use demo account to get more trading experience and to test my trading strategy. I also can take part in demo contest in my broker to make more practicing. As we know, we have to keep learning in forex, that's why i still use this account.
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Can I lose more than the fund I deposited?
gaban replied to yogeshwartyagi's topic in Forex General Discussion
That's unique offer. My broker don't give promo like that. It can happen if we get profit and compound it as our balance to trade, so we can lose more than the fund we deposit.