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gaban
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Everything posted by gaban
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Do not ignore benefits of long term trading
gaban replied to yogeshwartyagi's topic in Forex Newbies
because experience is very helpful for any trade, and by do forex trading for a long term, trader can learn from all of their experience as long they do forex trading. because just like other people said, experience is the best way to learn. -
i agree, because do forex trading is need a deeply understanding, u cant do it by know nothing. if u do it without know nothing that mean u already know u will lose but u still trying to lose.
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i agree because any trader target is to make profit and do anything to avoid lose, bot any trader will always face lose, even profesional trader still face with lose. so why we can make our lose a good experience to be a better forex trader.
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and i think when we do forex trading by ourself we can learn something, like whenever we face with lose what will we do, that can improve our mental, and about when we can be better whenever we predict the price movement.
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because any trader target is trying to make profit again and again as constant as they can, and always want more and more profit, so any trader have their own grees, just to control it is hard enough, i ever got a big profit by use big lot, but when i do it again i lose, but i just think how to win next time.
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but i think after i use demo account and try to do real forex trading, i just think how about lose, and some trader suggest me to use small lot, so even if i lose my losses will not too big. although my profit also not big enough, but i think its important to do forex trader with safe.
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i agree with u, demo account is surely give any new trader a good experience but there is no pressure, u will just got it at the real trading where u do forex trading with a real money. so i just think its good to learn from demo account but u should not do it for too long.
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and i think lose give u a good experience, when u already lose but u still want to do forex trading thats meant ur mentality is get better and better, and u will know what must u do when u in that situation again, what u must do, and where is ur fault
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but for the important thing u need a good motivation, because with a good motivation u will do ur forex trading with no big pressure, and even if u face with lose, u will just think about how to win ur forex trading next time, and not think to leave so easy.
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i think read some article is good for any trader to improve their understanding about forex trading, because u can read basic of the forex trading from the article forex that u cant learn from other trader advice.
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why u must lose ? i think it because lose can improve ur mentality, just like what i said, when some trader face lose they just think about leave it fast, but if u have good motivation when trader face lose they think about how to make profit next time.
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but im just using leverage 1:1000 because when i start my forex trading, because i think i can do forex trading with a low capital. even my profit not big enough because i do scalping, but i do it again and again, till i got constant profit.
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any trader have their own mindset about forex trading, some trader said forex trading is business that can give them a big profit, some trader said forex trading can improve their skill and mentality, or anything else. just found ur own motivation by do ur forex trading or see other experience trader.
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u must surely think about broker that will u choose, because any broker have advantages and disadvantages, like if u want to be a trader that use scalping, u must search a broker that give u small spread. or if u want to be trader that use daily trading, u should search broker that give u no swap.
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quick profit is absolutely available, and i think it caled scalping, u just trading in a few minute then close, not like daily trader who trade till 1 day then close. and its already a lot of scalper trader.
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mentality and motivation is very needed for any trader, without both of them, trader just leave forex trading with so easy, but i think if u already lose 20 times, i just suggest u to learn again at demo account, or search another option of business, because maybe its just not work for u.
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cause any trader target is to avoid lose, if u think u can avoid lose so easy, u just need to learn again about forex trading, one important thing u should have to be trader is motivation, if u have a good motivation, when u face with lose u wont leave so easy.
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when u using robot, that maybe can help u do trading, but will not feel the pressure, and u will learn nothing just by depend on ur robot u think u can be successful trader ? when u use robot u just trading not be trader.
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broker is the main reason of successful trader, they help trader by give them bonus and help them by leverage broker earn money by spread, and any broker have their own value for their spread.
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i just cant believe in robot, i'm proud with my own skin and i'm not scared to spend all of my time for trading, cause i can earn a money.
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I can say I agree with this. As long as you could handle your own greed, your trading would be fine. And yeah, you can't leave greediness since it was involving your main aim to gain profits in this business (I'm not even sure if there's a trader joined this business without their greed :/ )...
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why many people see forex trade as gambling?
gaban replied to rockstar's topic in Forex General Discussion
Sure thing you're right, sir. lol Money and risk management is the key to survive in any kind of businesses (including gambling itself). The fact is not everyone could handle their money and risk right that leads to crucial fail. Just do and learn how to manage it... -
I have no idea what to say about this thread either, man. Every brokers provide free demo account, you may create it as much as you want there...
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You might want to see how are your orders going by spectating it on your mobile phone. And you may cut loss some of them if you feel your orders are beginning to worse...
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SL and TP are parts of money management and you gave a good explanation about SL. And so, SL is a good tool for those who have no time to watch these candles 24/5 in order to prevent big losses that came from unexpected market movement...