radex78

Keep learning and practice , easiness will come after difficulties, as long as we have high motoivation and dedication to learning well, hence we will have good ability to analyze the trend market and will always struggle to making profit from forex trading, in daily market always we need update analysis and take action to manage our account trading, some trader they prefer use robot and if they found profitable robot it will giving more pleasant

Although forex included in risky business but here we can trying to manage the risk with strict risk management and money management, indeed we may losing money in forex market, but with good understanding and good learning we will trying to minimize these risk to increasing profit, don't despair and never lose hope, still many oportunuty to making profit from forex trading

Forex still become my favourite business, and I don't trade in stocks because I don't have any source to start trade on stocks, in my opinion one advantage forex is we can use leverage which now many broker offer high leverage and we can start with small initial deposit we can start even use one dollar only, but indeed this is not sufficient capital to start in real but we look on advantage forex than stocks

I am also more comfortable to trade using technical analysis than fundamental analysis. with the help of indicators then I could do the analysis teknikl. but sometimes I also use fundamental analysis with look at the economic calendar

But actually we also can learn with fundamental analysis although we still prefer use technical analysis, like as with simple way trade based on news, we can stay tune on time that news high impact will released, and the we can trying to learn what impact these news to currency, it'a also will giving valuable lesson for us

Keep spirit in learning maybe making propfitable trading is not easy task, and required process and progress, and most important here is always learn from our mistake to improved skill trading, if any trader already they have good ability to analyze the trend market with high accurate hence they will become profitable trader, just keep learning with never give up

Learning is very important in our life, in addition with forex business, as trader they need to always learn daily, trend market always changed and as trader they must update analysis to adjusted their trades, but as trader also need to accept the risk that involved, we can learn from our success story and also mistake that occur, but we also can learn from another trader experience and knowledge

Yes loss in trading sometime inevitable, forex market move very dynamic and unpredictable, sometime we made bad analysis, so in trading we also need to always keep trade with risk management plan, in every trade we always pay attention with the risk that involved

Yes of course we need comparing broker if weant investng huge money, but might we also can trying to deversify capital on several broker, so we also can have experience how withdrawn processed each broker and we will understand the best service betwen broker, now I am also sue forexmart and I see positive vote because many trader also use this broker

If MT4 is enough to trade, why do we need other platforms? I tried cTrader one time, its more visual and attractive but basically MT4 is quite enough to trade.

Yes enought for me, so far I am never trynig another platform after use metatrader 4, althogh there are mt5 Ctrader, ninjatrader etc, but still use mt4 in my trades because already support use robot and also we can use custom indicator

Maybe is not gfood habit if we always repeated same mistake, in trading we also need to use certain rules to avod same mistake repeated again, because it will leading to same failure again, so I think before making any decision we also need to have reason why we enter and then we can recognized our misake and learn from it

Yes, we can use demo account to test our trading strategy but I think it will not effective we change our trading strategy because of only we get loss.

Demo account will help new trader but we must understand about forex trading itself to make us get more profit.

We also need to understand with demo account purposes, if we want to backtesting system and strategy, for serveral month it will help us to making summary result in demo account and then we will making decison whether these system will implemented in real account or we use old system, forex is always risky but as trader they need to take the risk if want to gain

Forex market movement daily alwas changed and we have opportunity to catch profit in daily basis, but we also need to understand with the risk that involved, we need trade with risk management to avoid big loss in trading, because not always after we open trades then price will move to our favour

And also different place thus every single act must be considered first. Your loss is real here so once you make a fool decision just for the sake of your greedines then your account may lose in just few seconds. Patience is the key but also calmness and also focus to your trading.

Greedy is bad thing in forex trading, as exerienced trader they said if money management is very important because actually trader will never know where price will move ahead, in trading we need also put stop loss I think, except on early preparation already invest money that will used for strategy trading without stop loss and the end stop loss is margin call account

Studying foreign exchange is easier rather than when we compare study foreign exchange with other fx's activity such as analyze the trend, making decision to open(or even close if you don't set SL or think the price may cannot accomodate your TP anymore) the position. I don't say it is hard it is just harder than learning because, in order to earn you need experience which is the hardest part to gain in forex, it may takes years for you.

Don't despair, I think if we running forex business with fun and enjoy, we have no target will become rich from forex, and we just flow like as water in this business but keep learning, I think we will able manage our capital better than before,

Yes right entry and exit is an important point in trading. It i not necessary to trade every day in forex market. It is up to a trader's style either he is every day trader or does trading few days in a week. When ever he is going to trade he should analyze well market to find right place for trading.

Yes this is key point in trading, about entry and exit point that wil determine any trader will get profit or loss, and not always in daily trading we can analyze trend market easily, sometime we in doubt aboiut the trend ahead, so required patience and no problem if we not trade everyday as long as we can making good quality trades it will giving better result

But before you're investing with that amount, make sure you're really understand about forex trading and it's risks. You might burning your $3000 if couldn't handle it wisely.

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, it's okey I think, but if for small trader like as me, using these capital is dangerous because making these money from salary etc might can;t achieved a year job

It might be a good thing and it might a bad thing when you're getting addicted to forex trading. The thing is about when you could handle the risk of this business, as long as you could, you would likely to survive in this business.

Maybe many trader they felt addicted with forex, but if they still as looser might addicted with forex will become bad thing, and if they can making money with forex hence addicted with forex is good thing so in my opinion as trader that might addicted with forex they need use in general portion, just invest money that afford to lose

That is make a sense since most people start with relatively small capital thus use lower lot size is a very good idea. If my current capital doesn't diminished to below $150 now, i would use higher lot size. 0.01 or 1 micro lot is the one of the most suitable LOT SIZE for someone who have capital under $2000.

I think for safe trading will better use smallest lot size, because also during trading will more comfortable and not full with tension, different with if we trade using big lot size which usually will making tension higher and maybe will disturbed emotion

 

Manage mney in uncertainty market required good risk management and money management, if we have small capital will safe using small lot size and if we trade for long term also will strongest because will make strong margin to withstand price movement

Actually I don't klnow abut this matter, gangster and forex, maybe some people usng forex to money laundrying but I don't know for sure, and as long as still get earning from forex business and can withdraw money from broker, I dont care about gangster, but if there are impact for many trader might this will become serious problem

Fixed spread account is a nice account in theory, you will be able to get no fees or the same exact fees for each transaction, wouldn't it be so much wonderful? Yes, but fixed fees isn't make a sense in volatile market, where the price is moving and so do spread to offset the market movement.

I don't know certain trader they said if fixed spread is for broker dealing desk, which our order still holding in broker and not throw in the market directly, but so far stil enjoy using fixed spread and as long as every withdraw still processed smoothly hence still bellieve with these broker

Just choose which one that more suitable for you,i myself see that fundamental analysis is the most suitable and easier rather than technical analysis, also further i do believe and see it myself that news could bring some impact to the market especially to those high impact news

For me usualy still prefer with manual trading usng technical analysis, but also still important to reading news in calendar economy, just to look on news high impact like as fomc, which signed as high impact news, often news like  that giving big impact to currency.

 

Maybe still many trader use technical analysis because this is simple way to analyze the market, different with fundamental analysis which required many data before making decision

I think this quite "as soon as possible to earn money in Forex" is very harmful to forex and also for trader himself. if you will not have exact knowledge about forex then it is impossible to make consistent profit in Forex. so first you learn and it make you a good trader.

Yes I think you right, indeed i trading we can makig quick profit, like as scalping trader which they trade with short term tradng plan, they only take small profit but use bigger lot size, but this is also risky, once mistake in anlaysis can causing bigger loss too, I think will better low profit but we can made in regular based than big profit but can't stable

As long as you know money management? Are you kidding me? Money management is for someone to control the loss not make profit. You must limit the way you use money and this doesn't have much correlation with daily profit, if you want to make daily profit possible you must find holy grail. A strategy or technique where you cannot even lose your money every day.

If any traderwant to making profit of course they must trade with accurate analysis, but also they need strong mental or psychology, money management to adjusted lot size according the risk and strategy, and risk management to manage risk in every plan trading, depending with our style if scalping might we can making daily profit and also loss

So far nnot yet found any problem with sread fee in my broker, still run smoothly and run as general spread, I like with trading on pair that has good average movement like as eurusd, eurjpy, gbpjpy, although usually cross pair has bigger spread,but average movement included in good movement

Usually I will start with lowest lot size in my trades, but also sometime depending with my strategy, if work as scalping sometime I can use bigger lot size because have small pips target, but usually also split order in different price with averaging strategy, forex is like as art business which we can use many strategy and chose one strategy that suitable