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radex78
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Everything posted by radex78
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Yes I think you right, now many broker offer high leverage until 1:1000 or more, and with small capital using high leverage will help much to getting more opportunities to making transaction in forex market, and as trader should using margin wisely, don't let greedy controling our trading activity
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Yes you right if will better we avoid greedy in trading, already so many trader having bad experience when they use greediness in trading which most of them get margin call account quickly, forex trading is need risk management because trend market full uncertainty and not always we can analyze the market properly
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Indeed forex business opened for everyone no exception, although as old people on retired they also can learn forex and trying making money through forex business, and one advantage forex is market open 24 hour 5 day a week giving opportunity for many people although only treat forex as part time business
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why many people see forex trade as gambling?
radex78 replied to rockstar's topic in Forex General Discussion
Maybe some people they only look on cover and not reading content, sometime as people only thinking if forex gambling because after any trader they open trades then actually as trader never know where trend will move ahead, and because this reason many people said forex is gambling, but as trader of course they will learn what factor the cause of movement with using technical analysis and fundamental analysis -
Get the best forex cashback and rebates
radex78 replied to David_Warner's topic in Forex General Discussion
Might some trader that like with scalping trading if they register under IB that offer rebate system hence will get additional profit from transaction that made, but will good if trader always able making more winning trades than loss trades because will vain if get rebate but loss in trading -
Yes actually discipline is very important to running strategy and also system trading with using proper money management and risk management, but forex trading however as risky business which as trader also need accept the risk as part in trading, and with good mindset hence we can maintain forex as our business for long lifetime
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Should I put a lot of indicators on my trading chart?
radex78 replied to flybiz08's topic in Forex Newbies
Indeed in forex business there are many kinds trader and having own interest to using tool trading, sometime I am also watching chart like as art with many line with various colour and indeed this is making chart look beautiful, but as trader also need understand how to work using these tool, and there are trader which they only use naked chart analysis simple but if understand also possible get profitable -
Can no deposit free money help you achieve success on forex ?
radex78 replied to kaito kid's topic in Forex Newbies
Now some broker offer higher leverage 1:1000, but so far I am not use these leverage and in my forexmart account only use 1:50 only, using high leverage if any trader can't control their risk management and always pursue big profit with using bigger lot size, usually using high leverage will harmful account, as trader also need understand with leverage that chosen -
Should Forex Brokers Accept Bitcoin or other cryptocurrency?
radex78 replied to bloger90's topic in Forex Newbies
I think also will depending with broker itself, indeed some broker already offer bitcoin account and as trader can trying using bitcoin account to start trading crypto currency, but I am ever reading if actually bitcoin is not currency- 54 replies
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- Bitcoin in forex trading
- Litecoin in forex trading
- (and 3 more)
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As long as I can still make money with forex hence I will always stay here and treat forex as my home business, maybe I am not too much addicted in forex, and not always I will open trades because also will look on my capital and if likely faced many times loses hence will stop trading first until ready again
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Forex actually opened for everyone, which all people can access forex easily which now forex already become popular business and all people they can learn forex but yes although forex opened for everyone but not everyone will suitrable with forex business and because this is risky business and might as trader they can losing money in trading
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- Learning forex
- Should i trade in forex
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If any trader they start from small capital and able increasing money in trading hence trader can making big profit with patience,and as trader they can use standart account if already acumulating huge money and will making fast to making profit, learn trading step by step will better than rush
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Why do you think people are scared of investing in forex?
radex78 replied to Levie's topic in Forex Newbies
Very good way to manage money with risk management and risk management, because in fact forex trading is risky and not always as trader will having accurate analysis all the time, if likely any trader making mistake analysis hence better cut loss or any trader they always trade with plan risk management -
hone your trading with a demo account and a real account
radex78 replied to rizal83's topic in Forex Newbies
Forex trading is risky, emotion during trades often involved in all trading activity and if any trader already having good attitude and also mindset hence forex business will giving fun and enjoyment, but if any trader they always trade based on emotion and high desired to making quick money usually will often fail -
Long term trading for newbie will be more profitable
radex78 replied to euro's topic in Forex Newbies
Discipline will can to keep better if any trader already having good psychology trading, and how to built good psychology trading here as trader also need good mindset in forex business, don't treat forex like as gambling but must treat forex as business, many gambler they fail and never long run in forex, but trader that alaready treat forex as business and they can work well in trading, they can making good money here -
practice to be consistent on the profit obtained
radex78 replied to rizal83's topic in Forex Newbies
Yes of course, risk in forex as part in trading, sometime inevitable and as trader also need to update analysis and trying to learn how to trade follow the trend, because trend as our friend to making profit, if any trader already having good strategy and system trading with risk management and proper money management hence profit will easily to obtained -
Actually we can test any software like as robot use demo account, and also we can test any system and strategy with free risk use demo account, this still very useful if trader they can learn well and seriously using demo account, if already confident using test system in demo they can trying use real account
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Copy trading only service that offered by broker or social trading community, about the result also will depending with each trader skill because sometime we follow good trader seemly, but after we trying also get fail and our account losing money, I think as trader also need learn manually to get more understanding
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Little profit ...Would you accept it from forex trading???
radex78 replied to showrov1993's topic in Forex General Discussion
of course how many profit that obtained in forex trading as trader they must accepted because this is our profit, might market condiion not supported to making big profit although small profit it will better than huge profit but loss eventually, and some trader they use strategy to modify stop loss in profit to lock profit even small profit -
Indeed is possible making daily profit, but not easy task I think might not always as trader in trading always making profit and sometime any condition market enforced trader must faced with loss, and sometime loss that occured higher than profit that already obtained, will better if any trader having plan trading
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Forex trading is always risky, but here as trader they also need good mindset and having good expectancy to making profit, maybe not easy to making consistent profit, but if any trader already having good experience to analyze the market properly hence they will get easiness to making money here, what should to do is as trader need always keep learning
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Indeed will good if there are mentor behind us, so we will always carefully in trading with mentor always monitoring our trades, but maybe not all trader will learn from mentor, I see so many trader also especially retail trader they trade and learn standalone
- 361 replies
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- Forexmentor
- forex mentor necessity
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I think many trader still stay in forex because they still get earning from this business, which forex included as great online business which as trader they can making good profit if already having good knowledge and experience, but many looser also they leaving forex in desperation because can't making money here
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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 every trader also will hope always profitable and trying hard to minimize the risk, and here also required high discipline to manage the risk as low as possible, might during trades faced with successive loss, if trader can't control their emotion usually leading them to become reckless in decision making -
Sometime we have problem outside from forex trading in our life, might we in emotion because we have problem with our friend or girlfriend which sometime disturb our emotion and might if we enforced to trade these problem still remember and might making us being less concentration, I think forex will better if trader in calm and cool minds