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Everything posted by gaban
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If you don't have control then that is one of the result. Look at someone who have completely control over their trading they can control their outflow, they don't make a fuss over their trading, they don't think they are the best, they are just trying to be realistic and not bias, with prioritize their analytical skill with the help of indicator such as news or RSI for example.
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hone your trading with a demo account and a real account
gaban replied to rizal83's topic in Forex Newbies
Forex trading is risky, emotion during trades often involved in all trading activity and if any trader already having good attitude and also mindset hence forex business will giving fun and enjoyment, but if any trader they always trade based on emotion and high desired to making quick money usually will often fail -
Could be, forex is risky business and I think every trader already knows this matter, but in business of course any trader they need to take action if they want to know the end result, but also if they use these capital and still in risk consideration
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It is the trader that will eliminate the risk and not the broker so when you are trading try and ask yourself if the right knowledge to trade and win is there but if not what you get is risk.
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Actually yours is hard to understand but let me deal with it. Of course, practicing will bring benefit such as familiarity with trading and increase our experience exponentially.
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hone your trading with a demo account and a real account
gaban replied to rizal83's topic in Forex Newbies
But our psychology, it's involved on real trading because it affects our own decision when it comes to facing the outcomes of the trading itself -
Can no deposit free money help you achieve success on forex ?
gaban replied to kaito kid's topic in Forex Newbies
Well, that's the advantages of no deposit bonuses. You can train your trading skills with taking risks on your investment -
We need to improve skills. Better will mean better result. Everything take process, including make ourskills be better. so, we need to improve and improve to make us be better. Experience, demo account are important to make our skills improved
- 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
It possible and as long as we want to improve skill. using no deposit bonus we wil be able to start trading in forex. We will get experience before we start trading and it will very useful -
yes, we do need to be able to master the basics of trading with good cause so we will be able to trade with the maximum. money management and good risk is mandatory for us to trade well. so it will benefit us
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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 bet that 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. -
hone your trading with a demo account and a real account
gaban replied to rizal83's topic in Forex Newbies
Well in all kind of account we have i think that demo account and real account is reasonable for not involved emotions, because emotions will make us bias when we trade and i think this is not what we want, right? Also the worst thing when we excessively use our own emotions to trade in real account where the present risk is real -
Trading low risk is more preferable, and will safe account if compared with trading high risk taker, indeed if getting profit also will higher but forex is very risky, many experience among trader if they trade using high risk taker usually will get failure, so we control these risk based on our risk management
- 460 replies
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- Learning forex
- Should i trade in forex
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risk will be always exist no matter what because in here speculation is the "first citizen", it is the main concept why foreign exchange spur like this. So, what you need to do is to manage the risk since it's already exist
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We can enhance the experience with a demo account or to participate in the contest demo of brokers. we should have a good preparation if you want to make a forex for living
- 305 replies
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- life vs forex
- discuss life vs forex
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it is better if someone want to find mentors make sure they do it offline. The best thing from that is you can directly communicate with your mentor. Don't underestimate the power of offline teaching since it will give better result because of the real interaction which is face to face and not just by seeing from the screen or through chat
- 361 replies
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- Forexmentor
- forex mentor necessity
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Sure control over trading is what i have right now, trade with control surely good since i know what really happen beneath my trading and i can take an action directly if something wrong is happening and i happen to be there
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I think so many trader addicted with forex because they already get earning from their effort and already making money with this business, but might any trader still only treat forex as their hobby
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hone your trading with a demo account and a real account
gaban replied to rizal83's topic in Forex Newbies
Well in all kind of account we have i think that demo account and real account is reasonable for not involved emotions, because emotions will make us bias when we trade and i think this is not what we want, right? -
Base trading forex can be learned using demo account, although it is same when we use real account, but psychology will be different. That's why we should start trading in real account with small amount first
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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
I would like to say it is depend on the person itself. If you are treasuring the free money, you might be a success trader no matter what money you are using -
hone your trading with a demo account and a real account
gaban replied to rizal83's topic in Forex Newbies
The risk in a real account is far greater than in a demo account. In a demo account, we only use virtual currency so trading psychology that we will be less well honed -
Don't trade like as gambling and making addicted in forex but onbly waste of time and money, as trader that want to treat forex as business hence they need knowlegde and experience also good understanding to catch many opportunity
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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 have 5 dollars trading capital and turn it to 15 dollars on the second year and 45 dollars on the third year