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radex78

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Everything posted by radex78

  1. radex78
    Of course demo account is useful especially to making backtest strategy and also for newbie they can practice with free from risk losing real money in demo account, because only use viirtual money, and if trader have intention to take par oin demo contest also this is inlcued one way to get prize if they can become winner
  2. radex78
    Many broker now offer low minimum deposit for their client, and also many broker offer high leverage which will useful for trader that only have small capital it will increasing opportunity to making transaction, forexmart also offer low minimum deposit although only with 1$ already have opportunty to start in forex tradng and also there are bonus no deposit for new client
  3. radex78
    Yes actuially so many source we can learn from internet, babypips dot com is ome popuilar site amojng trader to get basic education about forex business, but beside learn about basic forex also not less important is practicing use demo account especially for newbie because in fact forex trading is risky business which as trader might can losing money in trading
  4. radex78
    Stop loss still become good fetuire to manage the risk in trading, not always as trader they can analyze the trend market accurate all the time, put stop loss is to manage the risk in trading, some trader might they use risk reward ratio to calculating their limit risk in every plan, like as if trader put stop loss 20 pips hence their target also 20 pips also
  5. radex78
    I am never open chart on exotic pair and often only trade with major pair or cross pair that available in broker as instrument trading, exotic pair maybe also have larger spread fee and for me still interested with pair that has low spread and good average movement, I think will difficult trade on exotic pair
  6. radex78
    Maybe for pro tradfer they not too much care with bonus promotion on certain brokeer, but for small trader and retail trader which also beginner, bonus promotion always become something that making interested to trying get bonus and start with bonus, I am also still like with use bonus than use own money because if get margin call account it not from own pocket money
  7. radex78
    Yes actually still possible to trade with bonus and if in lucky maybe if already fulfilled all requirement hence can making money start from bonus capital, tis is still verry attract many trader to get bonus although sometime there are certain rules about bonus promotion
  8. radex78
    Actually I am use several broker and have few account on different broker, but usually I am strill trade with bonus promotion, like as forexmart also offer bonus no deposit, and for learning still good way to use bonus no deposit, if able increasing profit hence will possible to making real money from zero capital
  9. radex78
    Maybe for expert trader which already really understand how to trade in this arena and proven already able making profit consistently hence will possiable for them to making daily profit, but for me still very hard to making daily profit becaue my skill still often profit and loss occured in my trades, sometime after making decision hence price move against my trades
  10. radex78
    Actually we can start with small capital many broker offer low deposit, and this is one advantage forex although only use 1$ but still having opportunity to making tripe money, I think is possible although start with small capital then with good skill trader can increasing profit more higher again but of course need patience in trading
  11. radex78
    Scalping is aggressive trader which in daily trading they can open many times trades, certain scalping trader might they can open trades more than one hundred times open and closed order a day trading, but rarely like that because scalping iof often getting loss also will making stress in minds and might can leading to emotion
  12. radex78
    In forex trading still important to maintain account with proper risk management, which here as trader will using stop loss in their trades, and maybe each trader also have own rules how to determine tis strop loss, many trader said on support and resistance area, and some said using risk reward ratio at least 1:1 at least if target 20 pips hence strop loss also 20 pips also
  13. radex78
    Actually so many source to get informatin about forex basic, with internet using search engine and type keyword basic forex hence will appear many source and we can learn from these source, but beside learn theory also will good if any trader learn with practice in real market condition with use demo account ,this is free of risk and useful for learning practice
  14. radex78
    Demo account really useful for trader to backtest any system trading and strategy. with demo account will free to learn how to use ea and how to put new indicator on the chart, sometime any senior trader they want to backtesting new system before using on real account, but will good if demo account use amount capital same with money that will invested in real accounbt later
  15. radex78
    I am still learn from my own selves and not yet get mentor in my learning, but only with looking information through forum forex and learn from another trader, but most often still learn standalone, because will get satisfied if already having own system and felt comfortable to use it
  16. radex78
    Don't despair althiough faced with failure, forex tradng is challenege business and indeed not everyone will suitable with this business, because only trader that having high dedication will survive and able passed many obstacle in this business, loss is common thing but as we can possible to learn from our mistake
  17. radex78
    I think not necessary to trade everyday 5 day a week although forex market open always, trend market sometime in flat condition and maybe we in more difficulties to analyze trend market, sometime I am only open one order a week, but have strategy for swing trading with use averaging strategy
  18. radex78
    Yes I think you right because success will never come instantly and requitred processing and progressing and to achieved success also need hardwork and always struggle because forex trading is not easy way to get rich at short time, if trader often rush and they have poor mentality hence one failure might leading them will quit, forex also need high dedication to survive
  19. radex78
    Demo account still as free place to backtesting any system trading and strategy in forex, with treat demo seriously hence any trader will can more undersdtand with the market behaviour because they will get real experience in real market condition, although demo account can't giving emotion pressure but still useful to backtesting strategy
  20. radex78
    Yes greedy is like as enemy that come from own selves, this is desired to making profit at short time with use high risk taker with expectation to making huge profit at short time, but usually greedy will only harmful account and will killing account shortly, as we can possible trade safe with use free margin wisely and don;t over trade
  21. radex78
    Maybe still many trader seeking the best system or profitable ea to making money, and only with learning also practice and always backtesting hence will getting better result in trading, no instant success in every business and all business required strive to achieved succeed, if any trader reading promising offer like a software and or system they need backltest in demo account, because often as marketting they will attract buyer with something that very ineterested
  22. radex78
    I think demo contest still attract many trader to take part in contest, also many expert trader also they can take part because usually demo contest offer prize that attract many trader to joiend, with free risk but having opportunity to get real prize that can use later in real account as capital
  23. radex78
    I think no anyone trader which they can trade without loss , this is part in trading which loss sometime inevtable, and to avoid big loss in single plan as trader need use stop loss to manage the risk due they can't always able making accurate analysis, not advisable for trader to being over confidence and also greedy in trading
  24. radex78
    This is one way to manage money in uncertainty market condition as trader need strict use risk management and money management, but also required patience to waiting best timing on price that giving highest opportunity to making profit, if alredy too late as we can possible to waiting and don't rush in decision making
  25. radex78
    Indeed scalping trader they can get profit only on minute because usually they open and closed order on low timefrajme, and one simple scalping might trader can using candlestick on 5 minute timeframe to open and closed order at short time, but actually not all trader will prefer trade as scalping
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