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radex78
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Everything posted by radex78
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I think so many trader especially beginner will prefer learn technical analysis, because this more simple than using fundamental analysis, but actually both is important for all trader,although any trader prefer trade based on technical analysis but some of them stay away from the market if will released news high impact, because often making the market move in spike movement and often making fail technical analysis
- 460 replies
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- Learning forex
- Should i trade in forex
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Long term trading for newbie will be more profitable
radex78 replied to euro's topic in Forex Newbies
Indeed amount capital will affected on the end result, usually using big capital as trader also will using bigger lot size and still suitable with risk management, but use small capital usually as trader also will use lowest lot size to manage the risk hence result that obtained also will smallest -
Why do you think people are scared of investing in forex?
radex78 replied to Levie's topic in Forex Newbies
Yes of course for some trader they look forex like as big challenge which required strong mentality to survive in forex business, because many people scared inveting in uncertainty market condition but different for trader, they like with this challenge and will get happiness if they can trading well and being profitable -
hone your trading with a demo account and a real account
radex78 replied to rizal83's topic in Forex Newbies
Yes in fact we can't trading with involved emotion in demo account, and as trader they will trade with real emotion if already using real account, actually both is having related each other, market condition in demo remain same with real market condition, and demo account as good place and free place to backtesting system purposes -
The best teacher for all trader is their experience, which they will get valuable lesson from their own experience which as trader will learn much from many kinds market condition from their experience, and forex trader there are some of them prefer learn with attending seminar and or they seeking mentor for learning process
- 361 replies
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- Forexmentor
- forex mentor necessity
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We need control our trading with proper plan trading here in forex trading, already many trader proven if they reckless in trading hence they will often get failure which as trader need to manage their money with strict money management to maintain account from margin call quickly, and control over trading can help account remain safe
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Long term trading for newbie will be more profitable
radex78 replied to euro's topic in Forex Newbies
Using small investment safe than use huge investment, especially if still newbie hence will faced with dept regret if start use huge capital then get margin call account, and better if not yet ready investing real money they can test skill using demo account which this is good place to trained ability -
Why do you think people are scared of investing in forex?
radex78 replied to Levie's topic in Forex Newbies
For learning purposes demo account always good way and we can test any system and strategy with free of risk which as trader they will start trading is likely already get signal confirmed Maybe many people scared investing money in forex because they won't to losing money, but in forex if any investor scared hence forex is not for them because this is required courage to start trading -
Making analysis is very important key in trading, which as trader they will making analysis based on their knowledge, and might each trader having different way to analyze trend market, and we can use analysis according our system and we use strategy that suitable with our soul
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Trading low risk is more preferable, and will safe account if compared with trading high risk taker, indeed if getting profit also will higher but forex is very risky, many experience among trader if they trade using high risk taker usually will get failure, so we control these risk based on our risk management
- 460 replies
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- Learning forex
- Should i trade in forex
- (and 4 more)
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Usually over trading is not good result eventually, and will better as trader they know what they doing, because usually over trading is only blind trading without proper plan trading which might tempted by movement in the market, and this is not good idea if we trade without plan trading, at least in our plan we also involved risk management to manage these risk
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Greedy in trading is bad emotion actually, although any trader they felt high confident with their analysis but actually forex market move very dynamic and easy to changed and greedy usually will making regret in trading, as trader will better always keep risk management and money management
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Best Binary Options brokers 2016
radex78 replied to David_Warner's topic in Forex General Discussion
I don't know and never trade on binary option, but I am often hear some trader having statement if many broker binary option scammed people, might for trader binary they will said if trading on binary more profitable than trading forex, but many forex trader in fact they prefer trade on forex than binary option -
Actually all will depending with each trader intention, I have seen so many trader already treat forex as full time business and they can trading for living, but indeed not easy to making money with trading, forex market that move very dynamic sometime making trader suffering with loss in trading
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If likely not yet ready with their funds as beginner will better use demo account because forex actually not easy business to get earning, forex included in speculative investment and trained skill in demo account is better than rush using real money due they want to making quick money
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Mostly broker offer demo account for backtesting skill, and also many broker provided demo contest which as trader they can take part in demo contest and if they can become one winner hence will get prize But if any trader want to learn seriously to manage the risk in demo will better use ordinary demo account, because usually if use contest demo hence they will trade with using maximum lot size because want to making huge profit to get victory
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In forex trading about psychology trading is very important key in forex trading activity, many trader fail because one reason also about psychology trading, although they having profitable system but if weak in psychology trading hence will can't discipline in trading
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Forex now is one of the Online Business
radex78 replied to luke1's topic in Forex General Discussion
I think will enjoy if we treat forex as part time business and not only relying from earning from forex trading, because result in trading is not in fixed which loss also as part in trading Forex business now is become popular business and many trader as newbie they take part in forex because they also want to making money with forex trading, and one advantage forex now is we can use mobile platform -
In forex business so many trading history from among trader which not only success story but also failure story, and maybe we also often hear if more than 90% trader fail in trading, it's mean forex is risky business and to become success trader required long time process and no instant success here
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whether our money safe in a broker?
radex78 replied to uncle gober's topic in Forex General Discussion
In fact forex need good knowledge and experience to making profit in trading, and we can't only relying with lucky in trading, and however forex trading is risky and not all people will suiatble with forex business and better only spent money that afford to lose, although we joined on good broker but if fail in trading hence also will losing money -
Yes as trader they only can making effort with struggling in this business to making profit from trading, and about result that will obtained also will depending with each trader skill and also the market itself, and actually as trader if not yet having adequate capital to start they can use demo account for learning
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If any robot using money management in trading might still safe using robot but if robot based on martingale trading system might this will endanger account if there are news high impact and robot work against the trend, I see there are certain robot using risk management and will not open trades if level margin less than 500%
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Indeed not all trader will like and using robot in trading, and they have own reason to learn manual analysis based on knowledge and experience, but might for trader that already addicted using robot might they will always seeking robot that might will profitable for long run, and If any robot work also use risk management and money management I think also good but as trader of course must understand how these robot work
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If we can minimize the risk in trading which we always learn to improved skill trading hence we can making better result in trading, but indeed not easy to making consistent profit in trading, and here as trader also need pay attention with risk management plan in their trading activity
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Yes of course as trader they must analyze the market because they will get profit from the trend that occur, and here as trader using technical analysis and might some another based on fundamental analysis, and might each trader having different strategy to catch profit and here if any trader already having good strategy and strong psychology hence it will help much to making profit
- 305 replies
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- life vs forex
- discuss life vs forex
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