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Everything posted by gaban
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If we say the best time to be a trader, that is in my mind is when we have a good trading skills that we get to continue from practice trading and increase knowledge about forex trading. That's the best time for us to become a trader.
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In fact it's able to produce a profit trading is not easy, we must have a trading skills were very supportive and we also have to be disciplined in the activities of trading. so that way we can make a profit, though not large, but there is progress.
- 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
If we are serious about trading well and take advantage of the promotion, surely we will be able to make a profit trading well, but it must also be supported by a broker that provides the promotion, is by not difficult for a trader to claim profit -
Indeed, I note also the current competition among brokers is increasingly fierce. many brokers who offer leverage very large with a small minimum deposit. this is the main attraction for us as a trader. but as a smart trader, we should not be easily tempted by promotions from the broker. we still have to be critical and selective.
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I do not agree, we can not eliminate the risk of trading. in any business that risk can not be eliminated, including in forex trading. we can do is minimize the risk to a minimum. so that we can maximize the profit we can get.
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Each broker has its own way of obtaining benefits. the most important thing for us as a trader is how we can maximize the benefits that we get to take advantage of the services available from brokers.
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Why do you think people are scared of investing in forex?
gaban replied to Levie's topic in Forex Newbies
I think most people are afraid to invest in forex trading because they know that the risks of forex trading is very large, and they do not want to take that risk. they prefer to play safe by not engaging in forex trading. whereas although we are engaged in forex trading, but we can also minimize the risk of trading may get. -
Forex trading is one business that has a very high risk. but also has an enormous profit opportunities, therefore we as a trader should be able to trade very well in order to increase the profit we can get. we can use a demo account to practice trading.
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When Did you start your First Trade?
gaban replied to kiranchandra's topic in Forex General Discussion
I forgot about that. But what is clear is to be able to trade well and become a great trader it doesn't take quite a bit. so we had to survive in forex trading to continue. so we have to be successful. -
We can make forex trading as the main job if we can trade forex very well. But this is rarely, most traders must have other business to support trading activities are done, so it's not purely just do forex trading course for his life.
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By making practice, we can hone our trading skills. But we also must learn from our experience too. We can use demo account if we want to hone our trading skills But demo account must be used as well as possible
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to control over trading then we need a good trading psychology. By having a good trading psychology. for that, we must continue to improve trading skills are good with trying to trade usingsmall capital first
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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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and success in trading is not only overnight, but required long years experience, forex is risky business and required high dedication to survive in business, and will hard for lazy trader might one failure will making them leaving forex
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they simply earn from it because the price actually not as high as that, the price that retail traders get is actually higher but not so high, they earn from that so no matter happen they still win but remember not all broker can do that because they are basically a dealing desk broker
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You can make some profit. I don't know about making a living off of it if you're a newbie. I think its hard for a newbie to make a living off of it. I think you can scalp some side money sometimes or in a good market. If you work hard at your strategies and keep a disciplined trading profile then you can make money but don't get too greedy or hasty with trading and you can lose it all like a gambler.
- 305 replies
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- life vs forex
- discuss life vs forex
- (and 1 more)
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It depend on our individual choice for me I think that forex is the best for me because when you trade forex and have the skills to follow up with the market and catched more profit then you can make alot.
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Before you are going to check something like that please make sure that you know what you are doing. Not so easy just like someone can make money from small clicks.
- 460 replies
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- Learning forex
- Should i trade in 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
some traders considered these free bonuses as their own money. They trade it seriously to achieve the withdraw-able profits from their no deposit bonuses -
hone your trading with a demo account and a real account
gaban replied to rizal83's topic in Forex Newbies
not all people want to hone their trading in demo account, i even saw a claim that he/she trade since he/she was quite young from real account, so demo account is useless for him/her. -
In order to gain more profit i think you should be consistent, not just in terms of earning but in discipline and the way you follow the rules. Practicing is a must and if you want to practice your consistency, i think demo account is the most suitable place for doing something like that with no risk you can do trial and error as much as you can.
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We need control our trading with proper plan trading here in forex trading, already many trader proven if they reckless in trading hence they will often get failure which as trader need to manage their money with strict money management to maintain account from margin call quickly
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Leverage iis useful for trader, if we trade without leverage hence we will need amount money same with contract size, but with leverage we will trade with small margin requirement to open lot size as contract size, and higher leverage will need smallest margin requirement to open one lot size
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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
If you still learn i think that is not a big deal to get free money, even you are here to earn. No deposit free money logically is nice but question this to your broker, from where they get that money? It is not free thing dude surely it must come from something. If the answer is less convincing i am not sure that broker is a good broker for you -
I personally don't have time for trading, but whenever I find time I use an EA mrboss EA on FreshForex. Though it may not work all the time, when ut does work, you get alot to earn!