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radex78
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Everything posted by radex78
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Can no deposit free money help you achieve success on forex ?
radex78 replied to kaito kid's topic in Forex Newbies
Yes all think start as beginning and we need learn basic education on beginning trades, which we can't jump without knowledge, first learn basic, then second take action even use demo account, and then practice on real account to get feeling sensation on real trading. -
Yes this is speculative trading but it's not mean if we never facing with loss and how to making better quality trading hence also we need having good iteligent taught to analyze the trend market, but because not always will perfect, here we need to manage money with risk management plan, which some expert suggested to only take small risk even 2% from equity will giving more opportunity
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Yes we need keep learning in trading because only with learning hence we can get more valuable lesson in trading, which we can use demo account if not yet ready with capital in real account,because practice in demo account also good to make sharp trading skill
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If trader always chasing price and not having good patience hence as trader will often making mistake in decision, because not all kinds trend market easy to understand, and waiting on best momentum maybe will better than rush because often if rush in trading only will causing floating loss after open entry and sometime disturbed emotion pressure
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Yes we can learn autodidact in trading forex, but if there are good mentor and these mentor already as profitable trader hence they can guide is with their knowledge, but might not easy to finding free mentor that want to teach us with free no cost
- 361 replies
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- Forexmentor
- forex mentor necessity
- (and 4 more)
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5 Ways To Make Money From The Markets Without Capital
radex78 replied to analyst75's topic in Forex Newbies
Demo account is very good way to learn and practice in real market condition, but will better if in demo account trader can learn seriously because as trader if only trade on demo for fun hence will can't develop better trading system, and if good practice in demo hopefully will making more confident in real account -
Yes we need control over trading, because often if this already become habit hence will harmful account and might will often facing many failure, this is not safe way if always trading with over trading, and will better manage money with risk management plan.
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In trading forex indeed we can experience with loss in trading, and we can experience with loss, but of course as trader need to learn how to manage money in forex trading, and here risk management is important to manage money in uncertainty market condition, without risk management hence as trader might will often facing big loss in single transaction
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Of course all beginner need to learn first, all profesional trader that already success now, I think they all start from newbie also, and this is need process learning because as trader will can't success only over night, but some trader might before success they facing many difficulties
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Although so difficult to making profit in forex trading but as trader need to learn forex everyday to get earning from their effort, forex is remain risky indeed and beside as trader need learn how to analyze the trend but still need use risk managenment plan in trading
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It will depending with each trader, for me also although there are some kinds robot on hardisk but still often trade manually, because also using robot need vps and to using vps as trader also need to hire vps and this is also need cost of course
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I think we can control over trading but we can't control the market, in trading as account holder has full access to manage their account, and over trading according experience often causing more failure and less useful for trading, hence as trader need to control trading with proper plan trading
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hone your trading with a demo account and a real account
radex78 replied to rizal83's topic in Forex Newbies
Yes because reckless sometime assume as light thing with their decision but can influenced on emotion when facing failure, might sometime getting profit if on lucky time, but often reckless this is sign as trader can't discipline with rules trading system -
Yes as trader need hardwork and keep learning when practice and also keep discipline with risk management plan, but also as trader need strong mentality which as trader sometime if weak psychology will easily to making mistake and reckless in trading, if trading in real account especially, control emotion very important
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Hopefully with process in learning which might during trading still facing with many difficulties but with hardwork and keep learning hence we will get more valuable lesson that useful for trading skill, practice with trial error indeed as one way to get such strategy that suitable and profitable
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Actually trader want to get unlimited earning, in daily trading we hardwork and struggling because want to increasing money in account, but sometime in trading must faced with loss too, result from forex trading in my opinion always vary and no fixed earning will obtained, sometime loss occured although we not expected
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Yes sometime might we become bored when facing successive loses, and back in demo again then we can trying to use another kinds system and strategy, or we can trying to built up strategy to making better, might we can trying with different setup about risk management level and lot size that used
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Indeed we can learn trading manually, and we hope will get more understanding with our skill because with manual trading also we need to measure our trading skill and learn from experience, but if any trader prefer using ea also need practice with trial error too
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It will better indeed become trader and investor, but as investor I think they not only look on forex but can look on another kinds business that might profitable, and if become trader as we can possible to generating profit consistently but this is not easy task
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Might if newbie they take part in contest, they will only fail and being looser maybe, but no matter i think as long as they already understand and before already having experience in demo as usual, if they take part in contest for learning is good but don't hope much will become winner and better with goal to learn trading as well
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Yes all trader especially when trade manually usually they have emotion, when look order on floating loss sometime making trader being anxiety and fear to losing more, and when look on floating small profit they hope more but might somebody else being fear if eventually being loss again
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Little profit ...Would you accept it from forex trading???
radex78 replied to showrov1993's topic in Forex General Discussion
Why not little profit, as long as able making consistent profit is good thing even only small profit, but unfortunately, making consistent profit is not easy at all, sometime as trader must facing with loss and this sometime can influenced on emotion -
Why do you think people are scared of investing in forex?
radex78 replied to Levie's topic in Forex Newbies
Forex online trading is one way as online earning source, but included on high risk business similar with hyip, might not everyone having couarage if they investing in high risk business, because here will possible as investor will losing money in forex business, many trader fail here and as investor also need carefully to investing money -
Yes if you have mentor it will better than learn standalone, especially these mentor already able trading for living, this is amazing result if they can making money with forex business regularly, we will more confident learn from them, but if no mentor behind us we also can improve with own selves strategy
- 361 replies
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- Forexmentor
- forex mentor necessity
- (and 4 more)
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Making profit in forex is not easy, as trader actually will never satisfied with their result, even today already able making profit but still possible want more, but not always after making decision in trading what happen is opposite with expectation, as traer might facing loss and will annoy if these loss again and again