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radex78
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Everything posted by radex78
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Why do you think people are scared of investing in forex?
radex78 replied to Levie's topic in Forex Newbies
I think they can start again using demo account for learning purposes, because this is not easy to making profit in trading, scared investing money after losing also need time to get back with new spirit, and using demo might will can develop better system and strategy and will make more confidence to start again -
In fact yes if rush often causing fail in forex trading activity, if any trader already having profitable system trading hence keep discipline and having patience is required because forex is not easy way to get quick profit, and this is also beside required good skill analysis also need some lucky
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yes forex still promising business and because this reason we still here learning and practice and making effort to making money through forex business, although also this business is not easy business and required high dedication to survive in business, and if we can making good profit in trading hence we will felt happy and we can manage money with proper skill trading
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What should a newbie do for earning from Forex Trading?
radex78 replied to unikings34's topic in Forex General Discussion
During process also not always run smoothly, might after any trader start with real account but still get fail and losing money, sometime making them in desperation because already work hard to looking for money but after start trading eventually loss, so will better practice in demo account and take part in contest if not yet ready with their system and strategy in demo account -
Yes indeed bonus only for additional capital, and might not all trader will using bonus to start trading, i think profesional trader they also already manage huge money and not relying with bonus, but for retail trader or poor people, bonus still become interested thing
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Why you should not trade unpopular pairs
radex78 replied to euro's topic in Forex General Discussion
So far still trading on major pair, like as eurusd, usdjpy, etc, if any trader already having good experience trading with one pair and profitable, actually this is already enough because trading on multiple pair if many pair get fail this is not good for making evaluation also will ,more difficult -
Currently some broker also already support mobile platform with android or iphone, and trader they can checked on website or on play store to download platform, this is also giving easiness for trader because they can monitoring account anytime using mobile platform which this is small size and can brought on pocket
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How to become a successful trader as soon as possible?
radex78 replied to TekiJIa's topic in Forex General Discussion
Nothing easy in forex business, if anyone they want to make good profit on regular basis hence they need to learn and with making process and progress that never instantly, all required good learning and time, if any trader want to become rich at short time, usually they will trade like as gambler and this is not good idea -
How to become a successful trader as soon as possible?
radex78 replied to TekiJIa's topic in Forex General Discussion
I think so many trader already having long time experience in forex, but always this business remain risky, and might only small trader that already able making regularly profit on monthly based, but although forex is not easy business hence as trader need to make evaluation to making betterment skill -
FXCM to Withdraw from Business in U.S. a bad sign?
radex78 replied to francmorio's topic in Forex General Discussion
I don't know with these broker, because never trade on these broker also, but if before joined in broker might if already hear bad vote and might will facing with something that not expected, better look another broker and start with money that afford to lose, but of course need research too. -
How Much Time we Spend in the Demo Account.
radex78 replied to showrov1993's topic in Forex General Discussion
We can using demo account indeed, but will better if start in real account to built up better psychology trading because in demo account usually not involved emotion and only with real money hence as trader will felt sensation in trading with feeling fear losing money and also greedy or in anxiety, while in demo account usually although facing with large floating loss hence will never felt scared to losing and also in demo start with big initial capital -
Stop loss is one feature on forex trading that can used for trader to manage the risk, because sometime as trader not always able to analyze the trend market properly, sometime facing bias analysis and if trading without risk management hence usually will harmful account
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If your broker offer bonus even deposit and no deposit hence you can claim bonus and trying to claim bonus and then you can start trading again with take benefit from bonus, but also will better reading agreement regarding bonus because usually bonus also has certain rules and might can canceled anytime
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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 any people scared investing money in forex hence we can't forced them because they have option, and forex indeed included as high risk business and without courage hence as trader will fear invest here, but as trader and some people that having courage to take the risk, this business still promising income for living -
Where to get the best forex signals?
radex78 replied to David_Warner's topic in Forex General Discussion
We will learn everyday trading and making effort to making profit, and as trader will trying to manage account with always implemented money management and risk management in trading, and beside we practice everyday, we also need high dedication if want survive in forex business -
How many times do you trade a week?
radex78 replied to asiaforexmentor's topic in Forex Expert Advisors
In my trade only will open new position if one plan already funished with profit or loss, then usually will try again if already getting new signal trading and still using simple strategy with using stop loss and taking profit, sometime a week making three trades -
What’s your hidden reason for becoming a trader?
radex78 replied to analyst75's topic in Forex Articles
I am trading forex because this still giving opportunity to make money online, and also one advantage forex for me is market open 24 hour 5 day a week giving opportunity to treat forex as part time business and also this business can done at home only with using computer that connected to internet -
Improving skill in demo account, this is also good for backtesting and practice in real market condition, but some trader having opinion if in demo account never giving all environment in forex trading and as trader should practice in real account to getting better psychology trading, and as trader also can start with small capital
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What should a newbie do for earning from Forex Trading?
radex78 replied to unikings34's topic in Forex General Discussion
In trading as account holder we have control our account according our plan trading and also risk management plan, actually we can control the risk in account trading but we can't control the market and only follow the market although sometime our decision is not follow the trend and hit stop loss -
Trend market that very dynamic and unpredictable sometime causing loss although actually this is not expected, but as trader should accept it, and if we can making good profit in trading we also will get happiness and want start again usually
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If any trader start with 100$ also this is good for learn and start trading for retail trader, and if want more safe might they can using cent account, but indeed not all broker offer cent account, and if we using broker that not offer cent account we need making early preparation in demo account first
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Where to get the best forex signals?
radex78 replied to David_Warner's topic in Forex General Discussion
Same with me, also on certain forum some trader sometime share free signal trading, and if any trader want to making comparison using signal trading with using manual analysis hence they can follow signal and also open trades based on own analysis, might we can making conclusion which one better -
Why not know about Banc de Binary Demo Account?
radex78 replied to David_Warner's topic in Forex General Discussion
Might some trader still using demo account for learning purposes, but already so many trader using real account because they want to work in real battle, which in real account will involved emotion, system trading and strategy and also money management and risk management in trading -
Long term trading for newbie will be more profitable
radex78 replied to euro's topic in Forex Newbies
Indeed all will depending with each trader skill, I am ever reading on certain contest which as winner he play scalping and this is included as short term plan trading and with many accumulation transaction and often making profit then the end result eventually can defeat another strategy even use long term trading straregy, but will depending with each trader skill and sometime one trader can work properly with scalping but another trader become weak if they work as scalping -
Often I am reading on forum about profitable ea or strategy with low loss and they said as profitable, but on below post on the thread some another member that already trying still facing with failure, so might because each trader also not always same psychology and also number capital might influenced on the end result, forex actually as simple business but if we learn dept this is included complicated business about profit and loss between fellow trader