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radex78

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Everything posted by radex78

  1. radex78
    It will useful; for beginner to use demo account to spent time learning with the market using virtual money and it will always free from losing real money, backtesting system in demo account also will good if not only few week but for few month will better
  2. radex78
    Understanding with the market behaviour, his is also required good learning because trend market always move in vary movement and as trader need update their analysis, success trader will have good understanding woth the market and they can discipline with their rules trading
  3. radex78
    Yes if any trader they have good accurate analysis hence making profit will get easiness in trading, but also as trader need to remember if they can't control the market, so if likley faced with mistake in analysis they can take action to cut loss or they can put stop loss on their order
  4. radex78
    Knowledge is important keys to become success trader, and also experience, like as many people said experience is the best teacher for us, and with longer time experience it will making mental will better because already suffering many kinds condition in the market
  5. radex78
    Only spent mney that afford to lose, although we migtht joiend in broker that has regulated, but in many business can occured certain company get bankrupt and operational cost exceed company's profit, so in forex also can occur company getting bankrupt and eventually closed
  6. radex78
    I think will also depending with each trader how to manage their business in forex, might trader can gambling in trading with relying with lucky only and without risk management also money management, throw order with maximum lot and hope will getting huge profit at short time, trader that only gambing on trading will never long run in forex
  7. radex78
    As trader should only investing money in forex with spent money that afford to lose, maybe many investor forex they want to making huge profit from their portofolio , but forex is inlcuded in high risk business, because profit for today not guarantee will profit for tomorrow, might can occur pamm manager they can profitabe on a years, but fail eventually
  8. radex78
    Yes most essentila is about skill trading, having huge capital if trader often fail also will only waste money, but although have small capital if they can manage well and always become profitabe trader hence with patience also will become huge money, but forex business is not easy, spent money that afford to lose is golden rules investing money in forex.
  9. radex78
    Yes it's useful to learn basic with reading article forex, babypips is one popular site to get information about basic education, there any newbie can reading many article that related with forex, but also important of course practice with demo account, in this type account any trader can free to backtesting system and strategy forex
  10. radex78
    Yes, I think suggest newbie to not give up is good advice because maybe so many newbie they faced with quick desperation because facing with many obstacle in forex, maybe many newbie they joined and leaving forex because one failure, but if trader that have good mental and having positive mindset if forex is ot easy way to get rich at short time, hence they wll never give up and keep leanring
  11. radex78
    And beause these reason, as trader they need managed money with risk management and also money management, not always in every day trading analysis as trader able analyze accurate trend market, and here also requred how to making plan in trading and finding strategy that can work on many kinds market condition
  12. radex78
    Yes as trader here in forex will making effort to managed their money with learning also about market analysis, trade with risk management and money mnagement is one way to managed account to longer life, bullt up good mindset about forex is this is not easy way to get rich at short time, as trader will trying to making effort and each trader skill will determine succeed on their business
  13. radex78
    As I know gold commodity included instrument trading on forex that has high spread and lrager average movement, trading on gold in forex can being profitable but also risky, required more free margin and also good understanding with the trend market behaviour and also can learn well about demand and supply on gold, might australian as big country as mining gold have corelation with price on gold movement
  14. radex78
    Maybe so many trader they want to get successful trading woith less effort and just folowing copy trades, indeed if we can fund good trader which hthey can making profitable system for ta least six month maybe already included on good trader, and follow them still become good option for looser, but as follower also need trade with risk management
  15. radex78
    Forex and gambling is different matter, in forex required good leanring and also need good knowledge about market analysis, and also required risk management also money management, and managed money in forex is different with gambling that only relying with lucky, as gambler in forex will never long run, but as good trader they can survive and able making money
  16. radex78
    In my trade rarely using trailing stop, usually only put fixed stop loss and then if already floating profit hence will modify stop loss, and trailing stop also good but if look on volatile market that often move up and down sometime trailing stop not work maximum because will pften hit by movement of price
  17. radex78
    How to study forex, actually so many source we can learn forex, because internet already giving many information related forex and everything, if we still newbie migfht we can learn from free source like as babypips, and also with gather together in forum forex also will broaden insght because many member from arouind the worlds sometime they share valuable knowledge
  18. radex78
    Yes indeed demo account is free, almost broker offer demo account to test skill trading, and as trader they must install platform to start practice in demo account, and also they can register account demo from mt4 platform with following instruction And with demo account they can backtesting system trading and strategy trading with free of risk, if they can seriously in leanring hence also will useful later if already jump to real account
  19. radex78
    Yes right only as winner that will eligible getting prize contest, and might hard to compete with expert trader to get victory, but this is also one opportunity to making money with zero capital, and many trader take part in contest they all wishes will become one winner, I think with demo contest also as trader they can trying use extreme stratregy with free rsk while take part in contest also backtesing extreme strategy
  20. radex78
    It's one opportunity to take part in contest demo, because they will get opportunity to making real money start rom zero capital if they can become one winner, many broker provided demo contest and we can check out on company news about contest that available, but indeed usually will full will competition because all participant will hardfwork to become winner
  21. radex78
    Usually almos t scalping trader they will seeking broker that has offer low spread and also good quality server broker because scalping required fast execution and if faced with requote ot will disturbing their plan, they can check out broker that offer low spread and might can trying on demo account frst to trying service
  22. radex78
    If any trader already willing to investing money in forex business, it's very important to joined on broker that has regulated, this is more advisable for trader although actually also not guarantee will safe, because forex tradng itself already as risky business, and sometime might occur certain broker get revoke regulation because violating rules, and for trader very important just spent money that afford to lose
  23. radex78
    Still very interested business for many people I think forex now and later will more popular as online business that very potential as source of imcome, forex for beginner they must learn basic education and then use demo account as early preparatrion before jump to real account, becuse already forex also recorded worst story among trader which many trader losing money in forex market
  24. radex78
    Indeed stop loss is like as dilemma for trader, which sometime after price hit stop loss but eventually price move back to early track and might hit target profit, but without stop loss also will worried if the trend against order hence floating loss will more higher, in my opinion with stop loss we will learn how to determine best place to put order according risk management
  25. radex78
    I think one misttake that often newbie make is they fear and panic but they let their position with not take action that necessary to do, often newbie they cut profit only few pips because fear will loss again, but they let order in more floating loss and only hope price will turn back to early track
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