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radex78
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Everything posted by radex78
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Beside forex required hardwork also forex required smart work, because here as trader they will get profit from difference price movement, hence they must having good skill to analyze the trend market might based on technical analysis and fundamental analysis, but also as trader must trading with risk management also because no perfect trader that always able analyze the trend accurate all the time
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If any trader they want to built up good psychology trading hence they must trade on real account, because treat real money will different emotion pressure if compared with demo account which only use virtual money, in demo account any trader will free from emotion pressure but they can make sharp skill analysis
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How Much Time we Spend in the Demo Account.
radex78 replied to showrov1993's topic in Forex General Discussion
Yea so many trader fail and can't maintain account more than six month, hence at least practice in demo more than six month hence any trader will faced many kinds market condition, and with trained skill in demo account with learn seriously hence we will get improvement skill to finding system trading that suitable with our style, might we can trying scalping for one or two month and different style for one or two month -
So far I am still treat forex as additional income or part time business, I know forex still as risky business and result in forex trading is not always fixed in daily trading, loss also as part in trading, and all business has own risk level while forex included on high risk high return but also will depending with trader itself because as trader can manage the risk according their own calculation
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Bonus deposit from broker will help in trading but usually about bonus deposit also have certain rules which mostly bonus only for credit capital and will canceled if trader faced with loss, and many broker might offer bonus no deposit included forexmart
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Maybe become general thing if actually we as human won't to losing huge money in business because we investing with aim to getting profit to increasing from initial investment, maybe if any trader fail and lose huge money then make them being desperate and want to leaving forex, might sure they will leaving, but almost trader still want to come back again because still curious
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Seems you have good experience using mobile platform, and if mobile platform is the same of course in mobile platform also can use expert advisor and also script as tool, and also can use trailing stop to manage the risk, using script in PC help in trading like as script close all this used to close all order will one click, I think if mobile platform is the same with pc hence also we can use script and ea isn't?
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
- (and 4 more)
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Maybe you right, almost mentor will charged cost for private learning, but might if you get mentor only as friend offline, they will giving guidelines with free and for friend relationship, and as student if already success only need own sense to giving some profit for mentor, or might only giving a cup of coffee
- 361 replies
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- Forexmentor
- forex mentor necessity
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Might some trader that based on technical analysis they also will reading news, and look on time news high impact will released, like as on last week when NFP news will released, trend market move in low liquidity but after news has been released which data actual higher than forecasting and big different data making usd strongest to other currency, we can look eurusd and also usdjpy and gbpusd and all pair that has usd move strong after news has been released
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Maybe now already so many trader using mobile phone for trading purposes, but might not all trader like using mobile platform, like as me although have smartphone but not yet using mobile platform and only once time trying mobile platform and indeed this like as second option we can monitoring account anytime as long as can login account and connected with server broker, I like using personal computer or laptop because comfortable which I can do something else like as visit forum or reading news
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
- (and 4 more)
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A good money managment system can give you success
radex78 replied to Levie's topic in Forex Newbies
Yes no doubt about money management is very important for trader, like as some success trader they giving advice for newbie in trading required good money management and also good mindset, develop good mindset about forex will making trading activty get relax and far away from emotion because as trader will realized if not always they can win all the time -
Of course about psychology trading is having high role in forex trading, and maybe trader easily making profit in demo account because no emotion pressure, never fear although faced floating big loss, but you can distinguish in real account, usually emotion like as feeling scared will loss more, greedy, anxiety often making trader change their plan trading
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Regulation, Do this really important for broker?
radex78 replied to myregister's topic in Forex Newbies
Yes regulation still important for trader choosing broker, which this is sign if these company is have legal broker which usually every country has certain department that monitoring company activity, but about stop loss hunting, maybe if broker dealing desk they can using stop loss hunting because if trader loss hence broker will win and money will on their hand, but if trader win hence broker will loss. -
let you try and you will know, forex trading is not easy way to get earning, this is risky business and also will always risky if we can't manage the risk with strict risk management hence might will easily getting loss especially if we can't analyze the market with high accurate
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Get paid on every trade win or lose
radex78 replied to David_Warner's topic in Forex General Discussion
Rebate system offer by IB or introducer broker, as partner broker IB will get earning from commission if there are trader join in broker through link IB so as Ib will promote the link to get more client because also increasing commission, but some IB offer rebate which they will pay back their commission half or else to their client in every trades made even profit and loss, let say if broker get commission 2 pips from broker if client making order, hence 1 pips will paid to trader again -
which currency pair do you prefer?
radex78 replied to TradingForex.com's topic in Forex General Discussion
I am open multiple pair like as eurusd, usdjpy,gbpjpy and some another, but usually I am only trade on one or two pair only according my analysis what pair that likely giving better opportunities to making profit, but maybe many trader choose eurusd or gbpusd because this is very popular pair and also having good average movement -
Did your broker change margin requirements before Brexit?
radex78 replied to boltushkin's topic in Forex General Discussion
On brexit momentum, might many trader loss but also some trader might getting huge profit, before brexit vote finished trend move on bullish but after finished then suddenly many pair move to bearish very strong, gbpjpy, eurusd has wider movement on brexit which more than 1700 pips only few hours -
why many people see forex trade as gambling?
radex78 replied to rockstar's topic in Forex General Discussion
In forex trading we can't treat forex like as gambling, for sure it will never long run if any trader only relying with gambling which depending with lucky in trades, but actually forex required knowledge also experience because manage money in forex market without skill to analyze the market and also money management hence will often suffering with failure -
A good money managment system can give you success
radex78 replied to Levie's topic in Forex Newbies
In forex as trader need develop good mindset about forex,forex is not easy way to get rich at short time, and manage money with good money management will very advisable for all trader, and with strict money management hence any trader will having more chances to making many transaction, because in fact about money management very important to manage money in uncertainty market condition -
Might some trader treat forex like as hobby, they have high interest in forex trading because also like with challenge, forex is risky business but indeed sometime making addiction, I am ever reading success trader story which ever facing huge loss but eventually still want come back again.
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I am ever trying use mobila platform, but in my experience still more comfortable using computer to trading, because on pc has wider screen and also we can use various indicator as help tool, and also some trader using indicator to look news update on mt4 for pc, this is better platform if compared with mobile platform, might using mobile platform mostly only for second option
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
- (and 4 more)
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Some scalping trader they like on asian sesion market because on low movement and scalping usually only take small profit which on asian sesion usually has movement on slow motion but might easy to analyzed, but I am ever trying certain ea taht only work on asian sesion also still often fail
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Yes for investor they have money to investing, and pamm system like as bridge between trader and investor, as manager pamm they will making effort increasing money in account trading and as investor will waiting result that will obtained, but for investor of course they also will seeking good manager pamm because if joined trader which in bad reputation also will only losing money, and an expert trader they will get earning from profit sharing with certain agreeement
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In trading we can control our own selves but we can't control the market, as trader will learn how to control their account with using certain strategy and also money management to manage these funds, as trader can control their decision but also need to take the risk if already they sure with their analysis, because no risk will no gain in forex trading
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Maybe some trader they like using scalping trading and if any trader already mastered this system hence also very possible to making good profit with scalping, but not all trader will suitable using scalping because sometime only causing confused if become over trading due scalping also need more concentration to look on the chart, and sometime active scalping they can made many times order a day trading