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radex78
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Everything posted by radex78
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When Did you start your First Trade?
radex78 replied to kiranchandra's topic in Forex General Discussion
I am already start trading also from few years ago, first before know about forex I am investing in hyip, and start from forum general about make money online, I am reading about forex, but first time know forex because my young brother introduced to me, about forex, and first time learn and try forex using bonus no deposit from certain broker but still get failure and till now still learning and treat forex as part time business only -
Little profit ...Would you accept it from forex trading???
radex78 replied to showrov1993's topic in Forex General Discussion
Yes in fact like it, but also as trader need strategy and tactic to catch opportunity that available in the market, and this also need good learning and also good psychology trading to implemented strategy and plan trading according our plan although making little profit but if consistently hence it will better than loss -
I have seen so many trader still active in forex business because they already get earning from forex business, many people interested in forex because they want to making money through forex business which market forex is most liquid market which daily trading occur huge transaction dollar in the market bigger than stocks market
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Some another trader suggested only 2% maximum risk, and in trading also need analyze the market based on technical analysis and also fundamental analysis
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Low spread broker is good for trader and giving advantage in trading, but usually not all pair on broker have same spread fee, and we also need understand with pair that chosen and we reading term and condition broker about spread fee, and usually major pair has low spread if compared with cross pair
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whether our money safe in a broker?
radex78 replied to uncle gober's topic in Forex General Discussion
We investing money in risky business, but also we need choose broker that having regulation and also reputable among broker, and investing money in forex better only spent money that afford to lose because however investing in risky business will involved risk itself if in trading get fail also will losing money -
Yes as forex is risky, and we need carefully, because forex is included as speculative investment and might not all people will suitable with forex business, this about passion business, if we having high interested in forex hence will always learn and treat forex as our business
- 460 replies
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- Learning forex
- Should i trade in forex
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As trader only will trying to minimize the risk with learn how to analyze the market and also how to manage money with risk management plan, but as trader they can't eliminate fully 100% their risk in trading, this is part in trading and as trader should having good mindset about forex which this is not quick way to get rich just overnight
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I think will very good if any trader they learn and look their process to making skill having better ability to obtained profit in trading, but as trader newbie they also can learn from mentor and they can understand easily if they faced such problem then ask question to their mentor
- 361 replies
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- Forexmentor
- forex mentor necessity
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Usually in demo account as trader they will free from emotion pressure and usually start with huge capital as initial deposit, while in real account usually as trader start with smallest amount capital and already involved emotion which often because greedy and also fear might making trader messed up their plan trading
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5 Ways To Make Money From The Markets Without Capital
radex78 replied to analyst75's topic in Forex Newbies
Nice article and really helpful for trader get inspiration if actually making money with forex is not only about trading but still there are some ways like as already mentioned above, and forex trading itself indeed not only about profit but also about loss, and as trader need process how to manage money in forex market that full uncertainty -
Little profit ...Would you accept it from forex trading???
radex78 replied to showrov1993's topic in Forex General Discussion
Yes it will good if we also accept all profit although only small profit obtained, and if loss also we must accept it as part in trading, because loss also as part in trading, and here as trader also will work based on money management and risk management to maintain account for longer life because forex trading is not easy -
Ecn broker is good for trader and I think this is as honest broker in forex, but as trader also need understand if forex is like as other business, certain company also can occur bankrupt colaps, so will better also choose strong broker with many client there it might more safe than broker that has lower client
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For trading purposes esepcially scalping trader they will choose broker that offer low spread, because they don't waiting too long time reached target profit, and if any trader having good system and they created ea based on their system hence it will help much in trading activity
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whether you like positive or negative slippage?
radex78 replied to uncle gober's topic in Forex General Discussion
I think if must chosen hence as trader will choose positive slipage, because giving benefit for trader to making profit, but might slipage occur because trend market on high volatile market and also depending with quality server broker, and we choose broker that according our experience is good broker that has good fast execution -
Yes about control emotion is very important here in trading, because if we reckless in decision making and having tendencies to use high risk taker hence once failure will making drop our mentality and might we can angry and thyen fail eventually, forex trading need patience and also good psychology trading
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practice to be consistent on the profit obtained
radex78 replied to rizal83's topic in Forex Newbies
Keep spirit in learning, because forex is still become potential business as source of income, and with keep learning it will giving better knowledge and experience to making better result, practice and always practice although on demo account but it will giving valuable lesson in trading and will improve skill if we seriously -
If in trading we felt comfortable using high leverage hence we can choose these leverage, but if in trading still always emotion and often reckless hence will safe using low leverage which it will prevent from greediness in trading due using low leverage need bigger margin requirement to open one lot size
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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 actually we can start with bonus no deposit from broker, because this is also as one opportunity for trader to making money start from zero capital, and while learning trading using bonus no deposit of course will safier than investing own money, but yes usually there are certain rules regarding with bonus -
Yes we can start with small funds to begin, but will better if trader also already having good skill with using demo account, because in demo the market condition remain same with real market condition and if in demo account we have good skill and ready start in real account we can choose account type that suitable
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Yes indeed, loss sometime occured although not expected, but start from loss sometime it will giving valuable lesson if they can learn from their mistake that causing loss in trading. and if we can trade on right timing to making entry and exit point, hence will get easiness to making profit and we need learn always with practice
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It's very good if we can making good income through forex business, it will making us like as addicted in forex and we will always want stay here to increasing investment in account trading, I think forex also can as main source income if we having good skill to making profit in trading
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Of course in daily trading activity as trader they will always trained skill with learning from our experience whether we learn from our mistake or we can learn from many another source like as we learn from mentor, and become success in forex indeed required good learning and never give up
- 305 replies
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- life vs forex
- discuss life vs forex
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Yes usually like it, spread and commission from each order that made by the client, but in forex business also many broker only want to scammed people, might we also often hear about scam broker, and choose broker also important part actually, because although skill trading is good but joined on scam broker hence also will get problem when withdraw money
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Actually we still can control our decision which we can manage the risk with put stop loss on certain price to manage the risk, and we can use lot size which still on money management calculating, and also we can use certain strategy to catch all opportunity in the market, and will endanger account if in trading we can't control our decision because greedy