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radex78
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Everything posted by radex78
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Because we can't control the market, and we only trying to follow the trend market to minimize the risk, while in trading daily not always as trader will able to analyze the trend market precisely and sometime facing with mistake in analysis and causing loss, and here we trade also using risk management
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Yes impossible trading without loss, and in trading forex we work and learn how to minimize the loss and making effort to increasing profit in trading, like as many trader said in forex if no risk hence will no gain, and if any trader they won't to losing money hence they must not open trades at all.
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I think as trader we only learn and making effort to making profit but eventually will can't deny if we facing with loss, and we learn and struggling because want to making profit from trading, if we can increasing money day by day through forex trading hence we will can enjoy and able generated good income from forex business
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Long term trading for newbie will be more profitable
radex78 replied to euro's topic in Forex Newbies
Indeed long term trading plan making more enjoy I think because although they not monitoring the chart a day or two day still fine because they having long term target, but usually also their stop loss also larger than scalping trader and need strong margin to withstand price movement -
If we joined on bucket shop broker, or dealing desk broker if we get profit hence broker will get loss and if we get profit, but as trader actually they also can decided will trade on dealing desk broker or on ecn broker they having own decision, and as trader that important for us i think we can making profit and broker still paying if we made withdrawn, and might we only guessing from where source income broker but we can't sure will know all source
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Yes i think learning also as part for trader that want to become successful trader, and we need to learn seriously how to achieved these success, in trading we need control over trading and we need always learn to manage the risk with using stop loss, although some trader might trade without stop loss but for me stop loss is good way to manage the risk
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Don't give up, always making effort and keep struggle, one times loss is not the end for everything, still so many opportunity to start again with new opportunity, they can using demo account for learning purposes because demo account also useful to test skill trading because market condition remain same with the real market
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How to become a successful trader as soon as possible?
radex78 replied to TekiJIa's topic in Forex General Discussion
Yes nothing shortcut in forex if any trader want to become success hence they need passed many process and progress, maybe required long years experience to become profitable trader, if any newbie they thinking forex is easy and they can get success only overnight hence usually will often facing with failure because we often hear if more than 90% trader fail in trading -
Indeed possible to making daily profit, but this is very difficult task because in fact loss sometime inevitable, but nothing impossible in forex if any trader having good skill trading and they can making good trading with always accurate in analysis making daily profit might ca obtained
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Do you participate on demo contest?
radex78 replied to Ronnie Irani's topic in Forex General Discussion
Maybe all trader actually they want to making big profit in trading, but we also need to realized if not always we can making accurate analysis, and yes practice in demo for learning purposes is good for trader, but will good also if they trying to take part on contest demo with prize it will giving more spirit -
Earn Free Forex Trading Rebates!
radex78 replied to Alice Frampton's topic in Forex General Discussion
Yes I think if any trader they like and often trade with scalping, hence they can joined on rebate system, I think also giving benefit on every trades they made will get back return although half pips each lot size, and this is also giving benefit for IB because they can getting many client register through their specific link -
Bonus is useful, because will making strong margin, but usually bonus also having certain rules and might bonus will canceled if any trader violating rules, for beginner they can using bonus no deposit because it will giving opportunity to learn forex with free of risk because not spent money that afford to lose
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Importance of stop loss placement in forex trading.
radex78 replied to asiaforexmentor's topic in Forex General Discussion
I think will good if we always keep discipline using stop loss, because in fact trader able making good and accurate analysis in trading, news big like as election president on america few day ago, and also like as brexit that making high impact to the market -
Yes of course we need always keep improve skill trading, and if trading forex will become main job, will good if we can learn forex with better learning, might treat forex always as risky business but if we can learn trading properly they can making forex as potential business
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Yes I think we need control emotion, and greedy is not good if greedy is often causing failure, hence as trader need they prepare the risk appetite on trading, leaving greedy in trading will better than always trade with greediness
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Little profit ...Would you accept it from forex trading???
radex78 replied to showrov1993's topic in Forex General Discussion
Yes I think little profit is better than loss, but might not all trader they will accept with small profit, and because still having desired to making profit and start new trading again, and trading forex actually need patience although get little profit but if they having patience hence little by little will become big profit -
Reading news update is useful because sometime news high impact and medium impact can influenced on the market and making pair move very rapidly, but indeed not always these will occur on all news, sometime although news high impact was released but seems no impact to the market
- 460 replies
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- Learning forex
- Should i trade in forex
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Why do you think people are scared of investing in forex?
radex78 replied to Levie's topic in Forex Newbies
Investing money in forex business, it's mean as investor will investing money on risky business, and as human nature actually won't to losing money, because they fear will losing money hence they scared to investing money in forex, but not all investor like it and still many speculator they investing money on risky business -
Might now I am feeling already get betterment plan trading with experience, quiet different when still as newbie which often fail and can't making best plan trading and sometime greedy and reckless in trading, but now I am already able manage money with calmly and keep trade with risk management
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Now so many broker on forex business, and as trader they can choosing broker that right one, but as trader also they can making diversify capital and account on several broker, and they can improve skill on each account and will get experience with each broker service
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Indeed currently so many broker offer high leverage and they like as competing each other with offer higher leverage, but also using high leverage as trader need understand with the risk too, higher leverage can boosting profit but also can making quick loss too, as trader need using margin wisely
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Forex now is one of the Online Business
radex78 replied to luke1's topic in Forex General Discussion
Yes indeed forex now very popular business, if we looking on social media like as facebook, there are so many group that about forex which almost group stand for many trader around the world, they share experience and opinion and sometime promoting broker -
How to become a successful trader as soon as possible?
radex78 replied to TekiJIa's topic in Forex General Discussion
There is no easy way to get successful trader just overnight, and I think required long time experience to become success trader because on forex required good learning and also good understanding with high dedication, many trader that joined in forex they leaving forex eventually because they felt forex is not for them -
Keep spirit in trading, we have plan trading but also we should accept these risk if our plan get failure, if we play as intraday trader hence we can making plan target on reasonable target around 20-40 pips and if we play scalping we can making target around 5-10 pips