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radex78

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Everything posted by radex78

  1. Making profit in forex trading is not easy, especially to making profit consistently, if we can't work with patience hence usually will facing with failure and maybe we will fail in trading only few day trading, most enemy is come from own selves like as greedy and trading blindly we need control our trading decision here
  2. We should realize if forex is not easy way to get rich at short time and this is most difficult business because making consistent profit is not easy, which in trading we need to learn always and working with good money management and risk management, trading forex remain risky and we maybe get failure in trading
  3. Yes export and import also can influenced on value of currency because it will increasing or decreasing supply and demand on currency, if country that having good export hence will making currency strongest than importir
  4. Over trading is not good for overall trading plan because market always move very dynamic and unpredictable, and if greedy already become habit hence will often fail usually, because in fact forex trading need good strategy and also risk management and money management is important point to manage money in uncertainty market condition
  5. If we reading many statement if more than 90% trader fail in forex business might this statistic is close as true information, many trader losing money in forex market although now already become profitable trader but along their journey also facing many difficulties and also losing money that might also on big money, but if we treat forex with slow steady learning and always carefully on step forex still giving good opportunity to making money
  6. Of course in all business we need seriously to learning and never give up in trading, we can making good income if we already having good skill trading and also we can understand with some kinds opportunity to making money through forex business, if compared with another business hence forex included as simple business
  7. Look on our trading joureney a week, if likely we finding profitable strategy on the week, hence we can maintain strategy to always work and then try again on next week, but if one strategy often fail might we need to learn what kinds mistake that likely making failure
  8. Sometime broker giving bonus for trader and free bonus no deposit, but hidden from bonus also there are certain rules that sometime too much strict to eligible withdraw profit bonus, there are certain broker that giving bonus but to withdrawn profit must making deposit and open certain lot size, this bonus only like as demo account because too hard rules
  9. Yes if we can making good profit from trading hence we can making good income from this business, but beside forex as potential business as source of income also forex included as risky business hence required good skill trading to manage money in forex market
  10. Indeed if not yet ready with trading on real account hence using demo account is always free from risk, but usually if trader already having experience in real account and ever making money from trading hence when they back to demo account sometime like as only for fun only and difficult to seriously
  11. We can use service from broker like as forexmkart, and if we having good skill trading we can making money from forex, but indeed however forex trading required good skill trading if we want to become trader hence we need practice to finding profitable strategy before start on real account.
  12. Yes indeed forex trading is not easy way to making money because this is risky business, and we can practice with demo account if not yet ready to start trading on real account, because forex trading is risky and making early preparation practice in demo account is better than jump to real account directly
  13. Trading manual will easier to manage the risk in my opinion because we can only makin one or two trades a day trading, and or we trade for long term trading which we can making one plan for long term trading, but as trader also they can trying work as scalping and this is need concentration and good control emotion
  14. Yes we can practice in demo account for practice and learning trading, especially for beginner they must able to practice on demo account and we can using demo account for backtest any system and strategy trading, and if we having good skill will not again scared to investing money in forex, this will become profitable business if we having good skill trading
  15. If greedy become habit for trader hence will difficult to making good trading because greedy will making power of margin being narrowed and we can learn forex trading with risk management and keep money management in trading because we can making good earning if we already able mastered the market and we will happy if we can hone trading skill being preofitable
  16. Yes in forex trading is not easy task to making profit in trading, and to making quality trading of course as trader they must able to making accurate analysis and if this goal already achieved hence forex trading will become reliable business as source of income
  17. If not yet ready on real account hence as trader also need practice and use demo account, because real market condition on demo and real market is remain same and we can backtest system and strategy trading on demo account and look the end result during on practice on certain period of time.
  18. We need understand what kinds emotion when we trade, if we always in high emotion and always appear desired to making quick profit at short time with greedy hence we will usually facing with failure and trading with greedy also can harmful account and possible will facing quick margin call
  19. Yes of course we need focus and concentrate during trades, especually if we work as scalping trading and do manual trading we need focus and concentration because if we missing time opportunity also can losing right time to open entry, except already use ea might we can do something else and let ea will work
  20. Concentration indeed required on trading forex and we can making money from trading if we already having profitable system trading and also good understanding with pair that traded, for newbie suggested to choose one pair only so they can understand character pair and can making easy profit if already mastered these pair
  21. Yes we need keep practice and also having good psychology trading but also need make sharp knowledge about forex market, because sometime also news politic and economy on certain country might influenced on currency and we need to keep discipline also on risk management and money management
  22. In trading indeed as main weapon is skill to analyze the market, if in trading always facing with mistake analysis hence also will often facing with loss and we know if we can't always able making accurate analysis hence we also need to use risk management and money management on our plan trading
  23. Yes we need to making good analysis if want to making profit in forex trading, and because we work standalone hence here we need to always keep practice and improved skill trading, everyday we need to always keep learning with reading update news and also need patience in trading especially when facing with successive loss
  24. Emotion is included as psychology on forex trading, we need to control our emotion when trading forex, and good psychology trading also will make us having patience in trading, which this is also needed on forex trading activity, we can't make good result if always trade blindly and recklessly in trading
  25. Facing successive loss if we can't control our emotion sometime can leading to become blind on next trades, sometime appear desired to recover loss at short time with use bigger lot size, and this is not safe trading decision because equity decreasing already and will harmful account if trade with use bigger lot size just want to recover previous loss at short time
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