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gaban
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Everything posted by gaban
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@ sidejob:i said "start it" right ? if u think u already good enough then u can raise ur lot and make higher profit but with higher risk of course. i can make a constant profit at small lot will make traer can getting better and better for anytime they do forex trading.
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it is certain the answer is a demo account. All traders agree that the demo account is a great base for us to learn to trade well, so it will allow us to improve the ability of trading. The demo account using virtual money just so that we would be comfortable to practice without worrying about the risk of losing money
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for the moment I am more comfortable trading with leverage 1: 1000 in instaforex. And I think trading with great leverage very large is very beneficial for us because so then we will have a great opportunity to get money so much
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trading with low leverage, the risk will be lower but trading with low leverage we need a large capital because it takes a very large margin. if I prefer to trading using high leverage because it has a high profit. important we consistently against MM and RM good
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We can learn forex self-taught, and therefore we need to be able to try to take advantage of the facilities of the brokerage well to learn trading. Such as the use of instaforex video tutorial to learn trading and using the demo account properly. So without a mentor we can learn trading
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u can start ur forex trading with small lot although u just get small profit but u can also minimize ur loss, just dont think about rush just keep calm and make sure u can make profit again and again ang keep learn from it, because i think with have a constant profit will help u to make a living with forex trading.
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and u can start ur real forex trading by use small lot, don't rush ur forex trading just keep calm and make sure can make profit again and again as constant as u can, just do it will make u getting better and better any time u do ur forex trading.
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and any experienced trader is always suggest any new trader to start their forex trading by use demo account, because by doing demo trading they can learn faster about forex trading without any risk. so just make sure u can learn from it before u start ur real forex trading.
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i think forex trader will affect our attitude, discipline, and ur emotion because whenever we do forex trading all of them will affect our forex trading and also the reverse, thats what i think. but i think the effect will different for every trader, because any trader have their own way about how they do their forex trading.
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if it work for u then i think its good for u, u can maximize ur 10 position to make more profit. i just opened 1 position every time i do forex trading, because i just have a few capital, but if im already have a big enough capital, i think i will try to open more then 1 position.
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just make sure u can maximize ur profit by choose the right leverage, and chose the leverage that match with situation, if u think its gone be hard for u to make profit, just use a big leverage to minimize your loss.
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do scalping will not give u a big profit but u will got small risk, although with a small profit just make sure u can do it again and again as constant as u can and u will get a good experience, and even with a small profit if u can make it constant i think u will get big enough profit.
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because any people that come to the forex trading business is have a target to make profit again and again as much as they can, example when new trader can make some profit they just think about how to do it again, if u already understand about forex trading u can do it anytime and anywhere, if u said u will addicted i think it's up to whose do the forex trading
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leverage will greatly help us to be able to trade using small capital. With the leverage that we will be able to trade using small capital to get profit in this forex trading. With the increased profitability will help us to improve trading results
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forex for me is a very profitable business. We will benefit from this business if we are able to continue to improve the ability of good trading. Increased capability will allow us to be successful in forex trading. we can use a demo account to improve the ability of good trading
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Importance of Demo Account/virtual account in Forex
gaban replied to abdulla1's topic in Forex Newbies
if u want to learn forex trading and use demo account u better dont think about profit, because preparation is important for new trader, because if u do forex trading without any preparation u just make sure ur loss before u do it. -
because any trader target by doing forex trading is to make profit again and again as much as they can and make it constant, and many trader already count on forex trading and do forex trading for a living.
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because ane trader target is to make profit and trying always avoid lose, so risk management is very needed for any trader to do. with a good risk management trader can minimize their chance to face with lose.
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so i think u should care about what leverage that will u use, but i think if u just have a few capital u just can u big leverage like 1:1000 so u can do forex trading. just make sure u will make constant profit.
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that's why when u want to start a forex trading, motivation is very needed. because without good motivation u have no target, when u face loss u will think about leave it. whereas if u have a good motivation whenever u face with lose u will always think positive, and that's good for your mentality because u can minimize the pressure.
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i agree, at last anything is up to the trader, what method that they will prefer, but i just suggest if u have a time to do forex trading, why not u do it by ur self, and if u have no time for do it, i think its not bad to use robot for ur forex trading.
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because by doing demo trading we can fast learn about it with no risk. we can do it again and again till we mastered it. how can we dot forex trading well if we also dont know about how to do it. if we do forex trading without good preparation that's meant we just prepare our self to do it for lose.
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but i think do scalping is good enough for new trader, because when i start my forex trading with do scalping, with scalping we can minimize the risk but also our profit getting small too. but because its just the beginning of my forex trading, im just make sure that i can make profit again and again and make constant, although with with small profit but if i can make it again and again i think its gone big enough for me.
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if u do forex trading with spend all of ur time, thats meant u already count on forex trading and try to make living from it. just understand the risk and do what u think is best for u. but i just sugest if u just know forex trading for a year then better u do it as a side job.
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thats why demo acount is the best way to make some good experience, because u can do forex trading as much as u can till u got ur good experience and u think u have a good skill to do real forex trading.