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radex78

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Everything posted by radex78

  1. Maybe many trader they learn from their own selves with reading source from many kinds source learning with reading ebook, and also reading article from website like as babypips dot com also watching video on youtube, but maybe if any trader they can meet with mentor and learn face to face it's also good for them, in addition if these mentor is already expert hence might it will making quick learning to success
  2. Yes indeed not easy to become profitable trader, required good learning with seriousness in learning, any trader also they need having good mindset if forex is not quick way to become rich at short time, required long time experience with high dedication and keep motoivated to learn although faced many kinds difficulties, if not yet ready start in real account hence also we can practice in demo account.
  3. If any trader they can making quality transaction and every placed order they can making profit, hence compound profit is better than withdraw and will increasing profit fast if they have good money management and most important skill trading to determine best timing entry and exit point, and making profit will become easy if we have better understanding with the trend market.
  4. I think if any trader they want to seeking broker that has low spread they also can check out forexmart broker, maybe for scalping trader they will like with broker that has low spread, and usually pair that has low spread in eurusd, which this pair have good average movement daily,but if any trader they want big challenge might they can try gbpjpy
  5. Maybe some good trader they can making profit without loss but limited with time, maybe a week any trader they can trade without loss but after next week still faced with loss, and to making quality trading is required good patience and also good learning with the trend market so they can determine best timing to making entry point.
  6. Practice with real account will better to develop better psychology trading, but before any newbie they need to practice in demo account,and make sure if they already confidence with good result during backtesting system trading and strategy trading, and trading with real account they should first spent money that afford to lose because success in demo will not guarantee success in real account.
  7. Many trader prefer using technical analysis based on indicator because this is simple way to analyze the trend market, but some trader that based on technical they will stay away from the market if there are news high impact will released, like as fomc meeting minute, nfp etc, because often these news giving instant impact to currency after news has been released.
  8. Many broker offer android platform already, and some trader might they can use copy trading service which many broker offer this service for their client, some trader that already expert they also can become signal provider which if they get many follower hence also will get additional income from commission, trading with android platform really useful especially for trader that very active and mobile from one place to another place
  9. To achieved as profitable trader level any trader they must learn and practice, and this is also as one way to improve skiill trading which skill will never come instantly without trained, hardworking here also need accompanied with smart learning because forex market actually very dynamic and unpredictable which as trader also need risk management and money management to manage account.
  10. Yes we making effort here in forex business, because this is still become reliable business as source of income if we can manage our time and money in forex still possible although still treat forex as part time busoiness but we have same opportunity to making profit from trading and forex business if we can catch all opportunity in forex business maybe forex can become reliable source income for lifetime
  11. Actually I am also start trading already few years ago, and most I am trade only use bonus capital and likely if I am making deposit from own pocket money maybe already lose big money in forex because many times faced margin call account, but now I am felt more comfortable and not chasing profit only, as I can possible to trade with low risk and learn how to increasing profit
  12. Mistake ion forex trading is common thing, but repeated same mistake is sign if we still can't discipline during trading and to minimized same mistake repeated again required high discipline to obey rules trading, and maybe most mistake in trading is about greedy, over trading because desired to making huge profit at short time
  13. So many trader fail in forex business because many factor and wee can trying to learn, maybe most reason is lack of knowledge and experience, and also sometime mistake come from our own mistake, like as greedy, over trading, trading recklessly, but actually the trend market itself sometime unpredictable and here required good skill to analyze trend market to determine best timing enter and exit
  14. Yes as forex trader they need to hardwork and keep spirit in learning if they want to become good trader, because trend market always dynamic and easy to changed without hardwpork and always update analysis in the market hence profit will never come easily, except you as investor type maybe you can gave your money to manager funds and you just need to wait manager funds will work, or you trying use copy trades
  15. Yes still so many trader treat forex as part time job only and they might can get double income from their main job and from earning forex business, but also must being consideration if forex also risky business, as investor also need to having better experience and knowledge if they want to treat forex as full time business
  16. So it's because about money laundrying which forex like as intermediate for washing money, it's might possible if gangster have access to forex and they have gap knowledge to washing money, but usually as broker also they will carefully if there are suspicious activity with account trading might these account can blocked to prevent ilegal activity included money laundrying
  17. Faced with scam broker is something that not expected, and before joined broker we as trader also need to seeking information related brokerage whether we get negative information or not, choose regulated broker is become one consideration among trader, I am also trying forexmart because this is also reulated broker on cysec and this company in cyprus
  18. Loss is part in trading, sometime inevitable, as trader also we should have good mindset about loss in trading, accept loss and making mistake after loss we can learn from mistake and improve our ability to making better result later, and to manage money we need risk management
  19. Forum help us to get motivation and also often in forum we getting valuable knowledge from fellow trader and this is can improve our skill too I think, and forum forex is good place for among trader to share knowledge and knowledge, sometime if we have certain problem and need help may we get valuable answer from fellow trader
  20. If any trader they already use big capital might will safe using low leverage than use high leverage, because it will prevent from greedy in trading due low leverage if want to open big lot size also required higher margin requirement, and if get margin call account so not all money will lost, but high leverage will useful for trader that have small capital I think
  21. Forex business however still become my favourite business, although there are similar business like as binary option, but forex business still become one business as source of income alhough I know if forex also risky business, but already some trader might so many trader they can trading for living, and here indeed required high dedication and knowledge if any trader want treat forex as full time business
  22. Usually in my trades only use fixed stop loss and rarely use trailing stop, but sometime if my order already in floating profit, usually I will mlodify stop loss at least +1, so if eventually trend move rebound and hit stop loss still get 1 pips and if the trend continue hence will getting maximum profit and will cut profit manually
  23. Forex is foreign exchange which this is buying and selling currency using another currency, if any people they want to inmport goods from certain country hence they need currency on country destination, and to purchase currency they must buying currency using their country currency, and price currency always changes, depending with demand and supply which apply on theory economy, if demand arise hence price will expensive, and if supply arise hence price will cheap
  24. Eventually if any trader they want to making real money hence they must jump to real account and this is will become real battle in forex market, which as trader will involved emotion which often become one barrier to making best decision, and with experience in real account, usually as trader they can develop psychology trading and they can learn from their own mistake also
  25. Actually forex market move dynamic and unpredicatble, here as trader only trying use technical anlaysis and fundamental analysis approach to trying indentity the trend ahead, because as forex trader they wiill work with the trend so they must learn how to analyze trend market with high accurate. But so many reason the cause of loss, might some trader said if lack of knowledge and experience is most reason trader loss, and also reason that come from our own selves mistake like as greedy and over trading, over confident etc, so if we want to develop our skill we also need to recognized our mistake
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