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radex78
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Everything posted by radex78
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Low leverage might can prevent from greediness in trading and this is good for them, but likely many newbie still prefer use high leverage because they tempted with promising use high leverage can making huge profit, and will harmful account actually use high leverage with greediness.
- 247 replies
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- leverage in forex trading
- Is lower leverage good
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I don't have enough experience using robot in my tradng, maybe for trader that already prefer using robot they will backtesting many robot and forward test in real account for long time, some ea might profitable but many ea also only causing margin call account, and self learning I think will giving more opportunity to get valuable lesson from own experience
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If we thinking forex like as gambling might we can't survive in this business, because in fact to survive in forex required high dedication and always kep learning with never give up, although might we faced with many obstacle and barrier but we must always keep motivated here
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Although the market open 5 day a week, but as tarder don't need tarde everyday, if not yet get best sigal confirmatoon hence better they waiting on best momentum to open entries, except they already master as scalping might they can trade daily and it will giving more pleasant if always getting profit
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Yes loss also part in trading, but to making better result as trader also need they have positive mindset about forex and they learn how to analyze the trend market based on their knowedge and not only use instinct alone, although we can making daily target but if not achieved all target hence we need good attitude because sometime trend market not supported our decision
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All business IO think required hardfork and struggling to survive, forex trading actually is not easy, this is always occur about fprofit and loss in tradnig, and as trader they should learn how to analyze the trend market with higher accurate, and this not easy although movement pair only two direction up and down, still need experience to get better result
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Yes scalping trader will prefer use small spread broker, because they will open and closed order with small target pips, and low spread will giving benefit for trader, but for swing trader might they will prefer beside low spread also offer free swap account, because they will open and closed order sometime more than few day
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How to become a successful trader as soon as possible?
radex78 replied to TekiJIa's topic in Forex General Discussion
Why still many tader they seeking instant way to get success at short time, I think forex business will always become risky buisiness especially for reckless trader which still making bad in anlaysis,, and I think to become success required long time process and as long as trader still treat forex as their business, hence they need never stop learning -
In my experience making profit from forex trading is not easy,. although price movement only on two direction, if not up hence will down, but in fact sometime after I am making decision entries hence sometime the trend against order and causing loss, so I am still use stop loss to manage my risk in trades
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Yes as trader only trying to learn how to identiry the trend market based on technical analysis and maybe use fundamental analysis, but after making decision hence they only following the trend market might get loss is geneal thing in trading and here required god risk management too
- 65 replies
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- forex misconception
- top forex miconception
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Retail trader usually only having small capital in account, I think although use high leverage but if still can easily to control decision and trade based on risk management, hence still secure using high leverage, but if trader can't control decision and always appear desired to making huge profit with high leverage it not good use high leverage
- 247 replies
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- leverage in forex trading
- Is lower leverage good
- (and 3 more)
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Greedy in my opinion is only desired to making huge profit at short time with take high risk in trading, but as trader they want more to making better result which they can making stabe profit on their trades and tis need improvement trading skill with learning and get experience.
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I think it's already good plan trading, I am also usually will trade on few time a week, because prefer work as swing trading with hold position sometime a week, but sometime I am use averaging strategy with look on weekly timeframe as major trend to analyzed
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Yes concentrattion is important in trading because as trader need to analyze the market with calm minds to avoid emotion, especially for short term trading scalping they need more concentration during trading because they will open and closed order only at short time, without concentration hence one missing time can causing loss
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don't mix between emotions and forex trading
radex78 replied to rockstar's topic in Forex General Discussion
In trading we need calm minds to analyze the trend market, and will good if we always control emotion and separated emotion with trading, because often emotion only causing loss in trading because trader will often recklessly in decision making and trade without proper analysis anymore just desired to making quick profit -
What the type of Deposit / Withdrawal that you like?
radex78 replied to uncle gober's topic in Forex General Discussion
Sometime I like to withdraw money through IB to get easiness in withdrawn, just need to fulfilled form withdraw on website IB then waiting money arrived in my account bank, but if nt available local transfer with IB I am prefer use skrill as my main payment processor -
Making profit from trading required good learning the trend market behaviour, don't be over confident in trading because every tick price movemebt already worth risk and hope, without strong psychology and good analysis hence will hard to making money here
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Yes no doubt if every trader having possibility to facing with loss in trading, because not always we will can analyze the trend market properly, but as trader should keep learnig how to making better analysis to minimize loss possibility, and this is required good learning and experience, trade if likely trend market support decision
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Get paid on every trade win or lose
radex78 replied to David_Warner's topic in Forex General Discussion
Maybe if trader joined through IB and these IB offer rebate system, hence will get profit every time trader closed position even get profit or loss, but usually only small pips maybe half pips only, so this is not too much profft and will better if trading making profit than relying from rebate system -
What the type of Deposit / Withdrawal that you like?
radex78 replied to uncle gober's topic in Forex General Discussion
Yes usually I am need around 4-5 dy my money arrived on my account local bank, everytime withdraw money from skrill, and also if withdraw money will charged fee around 4$ each wiithdrawn, so if only withdraw small money will les benefit because fee is big in my view -
Forex busines can beccome main job, but I think will better if only treat forex as part time business only and still having another source of imcome, forex will become reliable business if we already having good experience and also having profitable system trading, but to achieved this level required good learning and practicing
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Maybe for certain ttder making money from forex busiess is esy, because they alerady having good experiene and also knowledge about ins and outs of forex business and able catch opportunity that available in the market, but making stable profit is not easy
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As trader they having possibilty to losing money in forex trading, no anyone trader that always able making profiut everytime they made trades in forex trading. loss also as part in trading which sometime inevitable, but we lern hw to making quality trransaction
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It's very help for trader making preparation before start in real account, as trader beginner will become very important to practice in demo account because they will learn how to implemented system trading and also money management during practice in demo account.
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How to Start Profitable Forex Trading
radex78 replied to ellliottt's topic in Forex General Discussion
Not easy maybe to making stable profit, in forex tradng this also about winning trades and loss trades, if we can making more winning trades, and use risk reward ratio in balance we still can making profit in trading but if we making more losing tardes hence we will decreasing equity, learn how to determine best timing entry and exit point is very good if we can