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radex78
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Everything posted by radex78
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Yes every business need to strive, in addition on forex trading is risky business if we treat account with rush and also reckless we need to having good patience because we can't making easy profit here, and control emotion is important because we can leading us to keep discpline in trading to keep trading with risk management and money management
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hone your trading with a demo account and a real account
radex78 replied to rizal83's topic in Forex Newbies
Trading with greediness is harmful account, and this is not wise decision if always trading with using big lot size because actually market forex movement is very dynamic and unpredictable, if always work with greedy usually will making quick loss and margin call account, and to become good trader need good analysis and we need to learn how to make sharp trading analysis -
Yes we need to make sharp trading analysis with make trial and error everyday trading, we can trying with kinds strategy trading and then look how good performance trading strategy then will choose these strategy, and also not less important to keep trading with risk management with proper and safe money management on our plan
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In trading we use service from platform broker to making transaction, and some broker also provided trading analysis from expert and we can trying learn from them, but we also can improved own skill with practice and keep learning, and we will happy if eventually able increasing money day by day
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However if still beginner practice in demo account is very important step, learn on theory only giving knowledge about forex but not giving real experience on the real market, so with practice in demo as newbie they can practice and learn trading with backtest any system and strategy before start on real account
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Why do you think people are scared of investing in forex?
radex78 replied to Levie's topic in Forex Newbies
If want to become forex trader hence start using demo account is very important for trader because we can making good practice with free of risk with demo account, this is essential for trader beginner, but if want to become investor in forex they also need make research and choose good trader as manager account -
We can learn manually, but if we having mentor also we can learn from our mentor, and this is also will giving easiness on learning process I think, but because not every trader want to spent money to looking mentor due also need cost from them, hence we also can improved own selves skill to making money here although need practice with trial and error
- 361 replies
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- Forexmentor
- forex mentor necessity
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Yes right, in forex business also need process learning and never we get instant earning here, and make sharp trading skill, is very important because in trading forex we need good accuracy analysis and then also need keep discipline with risk management and money management, patience is necessary to making better result
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don't mix between emotions and forex trading
radex78 replied to rockstar's topic in Forex General Discussion
In trading forex we need to always keep to control emotion, which in trading forex is very important because if we trade based on emotion hence usually will often repeated same mistake over and over again, while if we trade based on emotion, usually will facing with failure and loss in trading so we need to keep control our emotion as always -
Yes sure, in forex loss also as part in trading that sometime inevitable, we can facing with loss although before open trades already analyze the market, and to manage these risk here as trader work with use stop loss usually, or there are some trader using trailing stop or ea lock profit, forex trading is like as art of business because we can use some kinds system and strategy
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Select broker also as important part for trader, because we can enjoy if using broker that having good reputation and giving good service for trader, and will satisfied if broker also always process withdrawn smoothly, or will giving more pleasure if there are instant withdrawn
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Many trader still use stop loss taking profit, because this is very simple to manage money in forex trading we can measure how much risk on every single plan, and also we can learn how to determine target on reasonable target, patience is required in trading if we want to increasing money in forex, keep control emotion when facing with loss
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Might here also depending with each trader will, there are so many trader that prefer with manual trading than relying with ea, and because more confidence if using manual trading, but there are some another trader prefer use ea, because they not busy to analyze the market and making trades, but only waiting ea performance.
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5 Ways To Make Money From The Markets Without Capital
radex78 replied to analyst75's topic in Forex Newbies
We can use demo account, but indeed practice in demo account is only for simulating trading and can't giving all environment on real condition, because usually using demo account will not involved emotion and if want to develop better psychology trading hence using real account is better than demo account -
Yes we need to hardwork if want get earning, while in forex trading beside we hardwork also need to always make sharp trading analysis with broaden insight many factor the cause of price being movement and we can making good income from here, update news to analyze the market also important
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Demo account is very good for early preparation before start on real account, make sure on demo account already finding suitable system trading and strategy trading, because if on demo account still always fail hence will similar with real account which also will facing with loss too and forex is more difficult than demo
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No trader that always will perfect in analysis,sometime they will facing with loss and this sometime inevitable, because forex trading is involved profit and loss, which as trader need to manage the risk too beside they having target profit.
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War on the world indeed will become big issue and also may influenced on the market, because as investor actually want condition on the world is condusive and safe, if occur big war might will disturbed many country and also can influenced on the market.
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In reality many trader fail in forex trading, according statistic many trader account if many trader can't maintain account more than six month, so if newbie they want to understand whether demo will good at least six month this will giving valuable lesson for them, and if during these time already profitable then start on real account
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Making profit from forex is not easy like as on theory, we need to always keep practice and never give up on learning process, which we also need having good mindset if forex is not easy way to get rich at short time, we need always improved trading skill with learn many thing ins and outs of forex business
- 460 replies
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- Learning forex
- Should i trade in forex
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Yes we need to learn with focus because without concentration hence will difficult to learn better, and also we need never give up in learning because if we give up hence usually we will never making money from this business, learning is compulsory task for every trader as long as still treat forex as their business
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I don't trade on these broker, now I am use several broker included forexmart, as long as still comfortable and we can withdraw profit smoothly without any problem hence we will always stay trade on these company, many broker also offer bonus even no deposit and deposit bonus included forexmart
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Little profit ...Would you accept it from forex trading???
radex78 replied to showrov1993's topic in Forex General Discussion
Yes knolwedge will obtained if we having experience, which we will get experience if we always practice, reading on theory is important but practice will giving more valuable lesson because we will take action directly on the market and we can learn from our experience with our own research -
Yes in fact not instant way to become good trader, here required good learning and spirit to learn well, forex is not instant way to get rich at short time, in trading forex we can't satisfied because as human nature always want more, but as trader also must consider with risk appetite in trading which without risk management hence will fail usually
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Why do you think people are scared of investing in forex?
radex78 replied to Levie's topic in Forex Newbies
Fear for newbie this is might included as step to work on real account, usually beginner if look floating loss hence they will fear losing more, but if they on floating small profit sometime in hurry and want to cut small profit, this is because still not good on psychology trading which this lesson will better adjusted with their experience