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radex78
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Everything posted by radex78
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Yes indeed so many reason about benefit forex, and most goal for trader joined in forex is they want to making money from this business, and also another advantage forex market open 24 hour and as trader they can treat forex as part time business only
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Why you should not trade unpopular pairs
radex78 replied to euro's topic in Forex General Discussion
Here in trading forex about control the risk is very important, some expert they giving advise only take the risk 2% from all equity, with this way although facing ten times loses hence still left equity 80% and making more opportunity to learn how to analyze the trend and making brest decision to take profit in trading -
Although practice on demo account if any trader can discipline hence will better than trading without discipline, because if any trader want to backtest any system trading and stragegy also will better if they can discipline, so they will can making conclusion with the end result with these system trading
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Little profit ...Would you accept it from forex trading???
radex78 replied to showrov1993's topic in Forex General Discussion
We need to always making evaluation in trading, learn from all mistake to make sharp our trading skill, and trying to overcome all mistake that ever commited to not repeated same mistake again. During trading also we need to calm minds because it will help much to analyze the market better than recklessly. -
Of course every trader want to growth their money and always making profit from their trades, but here risk also still as part in trading, sometime inevitable and enforced us to decreasing equity, so beside as trader want to making grow money also need risk management to prevent from big loss is single plan due trend market sometime move very dynamic and unpredictable
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5 Ways To Make Money From The Markets Without Capital
radex78 replied to analyst75's topic in Forex Newbies
Starg for newbie with bonus no deposit, this is also free of risk and for learning might can useful, but sometime if broker offer good amount bonus also there are certain rules to eligible withdraw profit bonus, as trader also need to reading term and condition regarding with bonus, and as another way, take part in contest also as one way to make money with free source -
Forex trading is risky and this is also required good knowledge and experience if any trader want to get easiness in trading, and newbie because still lack experience and knowledge hence will better start learn step by step, learn basic and then practice in demo account, at least six month is more recommended for test any system and strategy with free of risk
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Don't because one loss then making us in desperation and leaving business, and then we can learn from our mistake to make sharp trading skill and trying to not repeated same mistake repeated again, also we can practice on demo account if likely still not yet ready start on real account
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I like with forex business and might already addicted but I don't know this addiction or because treat forex as part time job, and in daily trading I have always monitoring the chart at least to monitoring my account that usually having target as swing trading strategy and sometime intraday trading
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I am not using robot on my trades, and still often work as manual trading, and might if trader already start using robot hence they need to backtest on demo account, but sometime as programmer robot they only created ea for demo account and if used on real account can't work
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Yes I think discipline is very good habit in trading forex because will making trader get more quality trading than trading recklessly, and with discipline we can making better result than if we trading only relying with lucky and with discipline hence we can making easy to making evaluation trades
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Yes indeed this business very risky, but also still promising and many trader still having hardwork and learning to become success in this business, if not yet ready on real account practice using demo account also good for backtest any system and strategy trading, if they can confidence in demo then next step tying on real account
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Of course as trader need seriously to making profit in trading, because this is also required good learning in trading, and many factor the cause of success like as psychology trading and also money management and risk management, and practice in demo account and real account to develop better skill
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Yes forex is risky because this is included as speculative investment, and no certainty in this business, sometime as trader might getting profit and sometime getting loss, and forex because as risky business hence as account manager also need skill to manage account trading and also money with proper money management
- 460 replies
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- Learning forex
- Should i trade in forex
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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
I think if for new learner or newbie if they looking bonus no deposit to start practice also safe than directly investing money from own pocket, but indeed if only looking bonus hence will not easy to success because broker also having certain rules regarding with bonus -
I think good idea for newbie they using demo account, but will better also if they work seriously although only using demo account, because if they learn demo without seriousness then in real account actually more hard than in demo account, and will safe at least six month practice in demo account
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How Much Time we Spend in the Demo Account.
radex78 replied to showrov1993's topic in Forex General Discussion
Very good habit is in daily trader always make evaluation trades because it will giving us valuable lesson from our experience and also make us felt better if we can recognized all mistake and then trying to overcome all mistake and not repeated again, and using demo account also need seriously if for backtesting purposes -
I think will better if already on real account, because this is also will develop about psychology trading and will understand with own selves habit in emotion and if still can't discipline in real account although on demo account is good but not sure in real account, beside trend market that very dynamic also about psychology trading
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Ea created also based on trading system and strategy, and also will good if inside ea also using risk management system to prevent from bigger losing if trend against ea, and will important also understand strategy that used on ea because many ea based on martingale system
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hone your trading with a demo account and a real account
radex78 replied to rizal83's topic in Forex Newbies
For early preparation as newbie they need spent time to practice in demo account with seriously and not only for fun, and practice at least six month is good for early preparation to backtest skill trading because so many trader can't maintain account more than six month -
Yes of course learning is very much important in forex business, and in daily trading also as trader need to learn and keep update the market that easy to changed, and as trader need always keep their trades with good trading skill and not only relying with lucky, becuase if only relying with lucky hence it never come as always
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How Much Time we Spend in the Demo Account.
radex78 replied to showrov1993's topic in Forex General Discussion
In trading forex indeed very important also about risk management and money management, this is not easy way to get rich at short time and we can start trading with good learning from our all experience, spent time in demo account is good and we can work seriously when on demo account -
In trading forex we can use simple strategy like as short term plan and we can work only submit plan trading with analyze the market and leaving plan and let the market will hit target or stop loss, and from these experience we can get valuable lesson and making evaluation to make sharp trading skill
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How to Deal With Forex Trade Losses?
radex78 replied to Norm O'Neill's topic in Forex General Discussion
Trader having heart and felt painful when get loss, and sometime still remember in minds when losing especially getting big loss, this is making painful and might regret in trading journey, but as trader that having good mental I think will come back again and start when ready again