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radex78
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Everything posted by radex78
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what are the best forex trading Hours?
radex78 replied to asiaforexmentor's topic in Forex General Discussion
Very good if any trader already having good skill on many kinds market condition and they can drive their account to making safe on all condition, because so many trader that fail in forex trading less than six month and because these reason, just spent money that afford to lose is important for trader that might still on looer -
don't mix between emotions and forex trading
radex78 replied to rockstar's topic in Forex General Discussion
Yes about psychology is very important point in forex trading, if we trying to summarized if want to become success trader hence we need three point, first we having profitable system trading, second we need good money management and third we need good psychology trading, having good system but greedy also will fail eventually, having good system and good money management but weak on psychology sometime messed up plan trading -
We as trader need always learning in everyday trading, and we need to learn forex with good experience, which with keep learning hence we will trying to catch opportunity that available on the market, trading forex is good business if any trader already able making accurate analysis
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Yes we need control emotion indeed, keep calm minds and always keep discipline with our system trading and also using risk management in every plan trading will help much to maintain account, if we can control our emotion properly hence we will able to manage money better and not rush because desired to making big profit at short time
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For trader that want to test ea and new strategy trading hence as trader need to using demo account to practice implemented these system and ea, but not always ea that work well on demo then will good also in real, this not sure, I am often reading statement some trader that like using ea and success in demo but fail in real, so better spent money that afford to lose
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Indeed demo account is good for learning purposes, as trader they can implemented many system trading and choose strategy trading with free of risk, and will good if they practice to implemented system trading with seriously and not only for fun, because sometime because only use virtual money then trader only trade as they want without learn discipline
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Recognized mistake also important because might there are mistake on technical and also mistake because our psychology, which if in my opinion mistake because technical like as our system can't work well, we can't blaming our own selves hundred percenbt because might on these time market on high volatile and very unpredictable, but if mistake because bad psychology like as greedy, over trading, we can blaming own selves but we need to repent and trying hard to avoid these mistake
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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 will good if newbie before they using bonus even no deposit bonus but they already having good preparation which mean they already using demo account for learning purposes, and if already having good confidence hence they can trying using bonus no deposit or they can investing own money that afford to lose. -
Regulation, Do this really important for broker?
radex78 replied to myregister's topic in Forex Newbies
Yes I think good if broker also better work as honest company, and giving best service for all client, so if many client giving good vote hence although there are little problem but if overall service still good I think will many trader still believe with these broker -
Why do you think people are scared of investing in forex?
radex78 replied to Levie's topic in Forex Newbies
Because forex included as risky and not all investor they having courage investing on this arena, and some investor I think they will seeking area where these will giving high potential income with look and making research, while investing in forex actually also will giving good income if they choose good and expert trader that proven able making money through forex -
Yes indeed but in forex trading is included as high risk high return, and to get success in forex business hence as trader need to learn and practice with implemented risk management and also they need good skill to analyze the market and they can determine entry and exit point in good timing which they can generated more winning trades
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So many broker in forex world, and we maybe will choose that according our research is good and having regulation, this is important aspect to choose broker we reading term and policy also regulation broker, but however forex is risky, as investor and trader need pay attention with the risk that involved in forex business
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Why do you think people are scared of investing in forex?
radex78 replied to Levie's topic in Forex Newbies
Might many trader leaving forex because they facing with failure, and because with their loss in forex hence they hate forex and eventually leaving forex which also will losing all opportunity to making money through forex business, maybe many new trader interested in forex but only small portion that still alive in business -
Yes we must improve our trading skill, because forex market always change and we need to follow update the market and we trying to analyze the market based on our capacity, might using money management and risk management hence we can manage our money better and we improve skill trading with learning from our experience
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- life vs forex
- discuss life vs forex
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The best traders in the world – what they have in common
radex78 replied to analyst75's topic in Forex Newbies
Yes actually we also having same opportunity to become good trader like as them, but as human also we need understand with our capacity, might because still as retail trader which only using small capital then we need to adjusted with our amount capital to manage our money in trading with risk management and money management. -
what are the best forex trading Hours?
radex78 replied to asiaforexmentor's topic in Forex General Discussion
If any trader already having confidence in demo account then want to start trading on real account many broker now offer low minimum capital even use 1$ already can start trading with using high leverage, but if only start with 1$ is too small capital and not as sufficient amount to start I think, we can trying using 50$ or 100$ to learn and practice in real account, and possible start small if skill good hence will increasing money -
Maybe any trader thet finding one indicator and they also need to backtest indicator and using demo account also good to test new system trading, but treat demo account also better using money management properly and not only for fun.
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Forex now is one of the Online Business
radex78 replied to luke1's topic in Forex General Discussion
If we can analyze the market with high accuracy in trading hence as trader will able to minimize the risk properly, but if any trader can't analyze the market and often making mistake in analysis maybe they need improved skill and using demo account again rather than often losing money -
whether you like positive or negative slippage?
radex78 replied to uncle gober's topic in Forex General Discussion
In daily trading we as trader will always look on the market and seeking opportunity to making profit from trading, maybe not easy because forex trading is risky business and we can learn trading with good if we having more experience. -
Currently some broker already offer copy trading service and as follower they only need choose expert trader to follow, but choosing trader also important because sometime they only same with our skill and often fail, and if we can good learn in trading we also can joined on copy trading service as signal provider
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Very good if any trader willing to spent time practice in demo account, which this is will practice and understand if we can learning from our experience, skill trading is not come instantly but as trader need to hardwork and keep learning to making betterment skill
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Yes we need to continue learning and during trading we also need to implemented our knowledge that used on our plan trading, which in forex is not only about profit but also about loss which we can making better result if we can good in learning