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radex78

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Everything posted by radex78

  1. Yes of course we must improve our skill in trading and we need always keep practice, because many trader also said if with practice hence will making perfect, which as trader not will only relying with lucky in trading, because forex business is not gambling but required good knowledge also experience
  2. However forex trading is risky business and although we already choose regulated but forex trading itself is risky business, so we should always obey rules investing money in forex with spent money that afford to lose, and might we can trade on dealing desk broker but also must carefully, if making profit also should not too big profit if not want to suspicious as using ilegal software.
  3. I think so many trader addicted with forex because they already get earning from their effort and already making money with this business, but might any trader still only treat forex as their hobby and they still comfortable to treat forex as part time business only, we may addicted with forex but also need pay attention with the risk that involved in trading
  4. Newbie will better prepare with learn from basic education forex, reading many article forex and also ebook about forex it will giving valuable insight about ins and outs of forex business, but most important also need practice, using demo account now many broker included forexmart giving demo account for free and also can learn with take part in demo contest
  5. If broker offer low spread this will useful for scalping trader which they usually will catch profit only few pips target, and low spread of course as trader only need waiting few pips movement, but indeed not all broker will allow scalping and better check our broker whether we can trade as scalping or not.
  6. It's very good preparation if any newbie willing to spent time using demo account to trained skill trading, and make sure if already understand how to trade in demo and also already become profitable in demo because if in demo still often fail hence later in real account will more difficult to making profit because usually in real already involved emotion in trading
  7. In forex trading, there are so many trader also trying using robot to manage their account, might one advantage using robot is will run more discipline in trading because robot created with logic and will work according command, but indeed not all robot can work well and always profitable, many robot also only causing failure and margin call account
  8. In trading most important key is making accurate analysis, and trader must trade with good psychology trading, although any trader already have good analysis but still weak in psychology trading hence will possible during trades they abandon their plan and because fear then changed plan because they in panic, forex trading is risky but if we having good understanding with the market it will become profitable business
  9. If we still often treat like as gambling hence usually will never long run and will fail eventually, and will better if trader also built up good mindset if forex is one business and we must treat forex as business so we also will learn seriously and consider with risk management too
  10. Demo account usually start with big initial capital as initial deposit, and also usually trading in demo as trader will free from emotion pressure and trading in real usually will involved emotion which usually in trading will faced with fear also greedy etc
  11. Yes good if we can finding offline teacher so we also can learn with interactive way and if there are some question hence we will can directly ask any question to our mentor and will get quick answer and usually if mentor is friendly they will not treat student not like learn from him but only like as a friend
  12. Now almost broker also offer pamm system which as investor can investing their money in pamm system and will get profit sharing, as expert trader also they can use pamm system to seeking investor and manage pamm account to increasing money in account, this is good for investor but also must carefully to choose trader pamm
  13. Yes right plan trading will help us to manage our money in account trading, and with plan trading hence we will can measure how much risk in every single plan, and with plan trading also can prevent from over trading wich usually will messed up account, control over trading is important here because forex is risky business if only having tendencies to greedy usually will fail eventually
  14. Very good if trader in demo already having good understanding how to analyze the trend, might they learn using method like as indicator, and during experience in demo also making note in journal trading this also help to making evaluation, if learn using indicator as signal conformation hence they can measure how many times indi giving good signal and how many times indi giving fals signal
  15. Actually spent time to learning demo account is very good as early preparation, certain trader which he willing to spent time just practice in demo account more than two years, because he seriously to prepared skill trading and if not yet profitable in demo hence result in real account also will not differ much
  16. Bonus no deposit is good for trader because it also giving additional free margin and will help during trading,we can use bonus to withstand price movement and increasing possibility to obtained profit in trading, but indeed usually bonus that offered there are certain rules and as trader must understand
  17. Having good self confident is very good and this will become sign for strong psychology in trading, like as many success trader said and advise to built up own system trading rather than relying from any other trader, I think all success trader also will not depending with any other signal but they have good understanding to analyze the trend and making decision with higher possibility to making profit
  18. Main point in forex trading is trader will work with the trend market, like as many trader said if the trend is our friend, but in real condition we can't always making accurate analysis and always able follow the trend, sometime the trend move unpredictable and not any first clue before suddenly move with strong movement, so as trader also need reading news because often news giving instant effect to the market
  19. Although demo account not giving emotion pressure, but actually still very useful for trader, treat demo like as real account might is not easy, but if any trader learn seriously especially about how to determine timing entry and also making plan with trying strategy with simple plan using stop loss and target or trying extreme strategy like as averaging demo account is free to backtesting
  20. Yes like as me, which also still treat forex as part time business so far, because not always in my trades always able making profit, and loss sometime inevitable in trading, but I think also already addicted because forex business still giving good opportunity to getting additional income and I hope will get financial freedom from forex
  21. Usually like it, dealing desk broker not throw order on direct market liquidity, but still hold on company, and if trader win hence broker will loss, so usually they using certain software like as you said, but each trader also have own decision will use service from dealing desk or non dealing desk, because however forex trading is risky business.
  22. Although using high leverage I think as long as we always keep discipline with risk management, which we always measure how much risk that will able to bear in single transaction hence high leverage also help us to learning, because high leverage useful for retail trader which usually start with small capital
  23. Yes indeed, I am ever reading certain trader which able increasing bonus to bigger money, and this is also as good opportunity if already understand with rules then hardwork to fulfilled all requirement hence we have opportunity to making real cash money from bonus no deposit, and skill also hardwork required
  24. So many trader they like to trade on eurusd, which this pair is very popular pair, and many trader want to making profit with choosing this pair, but I think now usdjpy also as good pair which average movement this pair also high, while cross pair like as gbpjy now after brexit seems average movement not like as before brexit, now become less volatile
  25. Yes as trader need keep discipline to obey rules system trading and also risk management and money management, during trades if likely not yet getting signal confirmed hence we must having patience to waiting, because not always if we enforced enter while signal not yet appear it already violating rules and might making order less quality
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