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gaban
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Everything posted by gaban
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For new traders, it's better to erase your passion of greed and focus yourself learning about forex trading.
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As long as you're good enough to be a profitable trader, you may consider this business as your main job...
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How much capital that you used in trading?
gaban replied to andry777's topic in Forex General Discussion
It depends on the traders itself. I was use a small capital in live account in order to train my trading psychology first before putting a whole of my investment here... -
I Think Forex is Just Gambling , Do you?
gaban replied to kiranchandra's topic in Forex General Discussion
In my perception, traders using many analysis before executing their order. It's different with gamblers who are never allowed to analyze those dice first and it's considered as cheating... -
Yup, correct! Just try and choose one trading arts that suits to your and your time..
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He/she has to be a fool, though. lol As long as you focus yourself to learn forex trading, you could learn it fast
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I thought you were talking about broker's scam system But yeah, we need to be more careful, those scam broker might arranging some traps for us. Try to find a regulated broker, a good one that offers you an easy way to deposit and to withdraw (this is the most case I've seen) without any requirements.
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It depends on the trader itself. If they have some time to focus, they may try and learn how to do this technique. But if they don't, long term trading is a good one.
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If you're not a scalper, you may forget about using SL and TP. But if you have no time to watch those candles, you better put SL and TP in order to prevent an unlimited loss and take a planned profit...
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Is not a good thing when you're still wandering around demo account and making some profits, it could lead you to greediness, makes you start to wonder to make a big capital in your first live account (Overconfident, I may say). This is the most psychological phenomenon things I've always seen on some traders.
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In forex trading we do need to work hard because forex is a business that has a lot of risk, with the risk that, in order to be successful we have much to learn and practice trading so well that would allow us to minimize the risk of forex properly.
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leaving greed in forex trading is very important because with greed only make our trading experience many losses, therefore, try to minimize trading greed by trying to use MM and RM good. without reference to MM and RM are better then our trading will not deliver maximum results
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Advice for newbie is should always use the SL and TP. For the SL and TP will allow us to minimize the risk of forex properly, so we will be able to be trading with leverage. We know that the forex risk is very high so it needs better risk management
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To invest in forex then we do not require substantial capital investment, we could try to trade with small capital first. Trading with a small capital will help us be trading without the mental burden that will allow us to succeed in this business
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Forex is a business that has a high risk, with the risk that it is to succeed in this business, we need to learn a lot and practice trading well, so that will allow us to manage risks better and we will have a consistent profit in forex trading this , And have good risk management as always using the SL and TP very necessary
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We can make forex as a primary job, therefore, we need to be able to utilize a demo account properly for us to improve the skills of good trading. With good skills that will make us able to get a consistent profit in forex trading so that will deliver maximum results for our trading
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leverage is helpful for traders who trade using small capital, using small capital because it will allow us to trade with larger volume if we can choose high leverage. But we also need to be careful with leverage because trading with high leverage have risk is very large
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forex for me it's very important, therefore, we need to be able to have a lot of good trading skills, with good skills will allow us to trade with the maximum. therefore, we can use a demo account to learn to trade well and we can start trading using small capital first
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To be able to make money in forex then we need to be able to have good skills and psychology. Forex is a business that has a high risk so as to be successful we need to have a good psychological and skills that will allow us to succeed in this business
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many have failed in forex trading is not being able to be able to control the greed well. In forex trading this greed will only make us experience a lot of risks. For that we need a good psychology that will allow us to minimize the greed of trading
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slacker is not very suitable for trading forex, if we want to trade forex then we need to be disciplined and patient because forex is a business that has a high risk, the risk that the discipline is necessary in order to determine the right time to enter and out market
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Forex news is very important for trader or not????
gaban replied to showrov1993's topic in Forex General Discussion
forex news is very important for us to be able to make the right decision. Although we use technical analysis but we need to understand the news market because the price is also affected by the market. -
I think forex is a more profitable business than the stock. We will be Able to get the most benefit from this business, therefore, we need to be Able to better Utilize the demo account so that we will have a lot of good skills for us to make money in forex
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forex investment is a highly profitable investment and therefore, we need to be able to try to keep investing well. And to start forex investment then we need to be able to choose a broker who is really convenient for trading that will allow us to trade with the maximum.
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Currency trading in forex is very favorable, therefore, we need to be able to try to take advantage of the facilities of the brokerage well so it will allow us to trade with a maximum