andry777

@winzpc I don't think that scalping is the only one way to get consistent profits in forex because it is possible to use another method too. It's possible to use news trading method or Intraday method to gain consistent profits too. But I am agree if daily profit is purposes that must be reached by traders who want to become successful trader.

@winning Yes, that was right.Theoricitally, all conditions could be profitable for us if we knew how to trade well in that condition. Good decision to open or close position will make differences on trading. But many traders think that good condition is only happening in certain time only, they didn't realize if good analysis will be more determining to find out good chances in any condition in the market.

@Nikhil It is not too hard if you have good analysis because what I said that is hard not only its percentage which is only 1% but the harder part is keeping consistency on profits. Maybe in certain day, it is easy to earn 1% profits even more than 1% but in other day, the condition will be hard to be predicted and earn 1% profits is hard to realize.

First time that we should pay attention to know the best time to do trading, it was our emotional. If we are in good mood and our condition is stable so that is okay to start from trading. And after that, we should make analysis to know the best time to open and close position. There is no exact time that is called the best time because good or bad time, it will depend on our style of trading.

Yes, forex trading is business but I still could take advantages from this business to support me. I didn't get too much profits in a month from my trading although I've learned in trading for almost a year.

@hyipreviewblog All people could make mistakes even that is expert traders. If you are expert trader, you are good in analysis but you are not always true in your analysis because there is no one who know what will happen in the future right? Many traders who is afraid to make mistakes but they don't know that we can learn from our mistakes. It's okay to make mistakes in trading as long as we learned from our mistakes.

@indieover I am agree with you, skills and experiences will help each other. But we should have knowledges first before we had experiences. It's important to trade with basic knowledges about forex first so we will know our target and our direction on learning forex. Skills will be sharpen with a lot of practices, and also experiences will be gotten with a lot of practices too.

@winzpc It's okay if you can take advantages in both business but I suggested to compound your account in Forex than you invested in HYIP to gain more profits. If you compounding your account, the percentage of profit can be increased but if you invested your profit in HYIP site so you can lose them all because all HYIP sites will turn into scam sooner or later.

@winzpc If you like to use Time Frame which is more than 1H Time Frame so you must be long-term trader because 1M, 5M, 15M and 30M time frame didn't have too much effect for long-term trader/swing trader. Maybe if 30M still could be used but below than it, that is not effective to be used as long-term trading.

Usually EUR/USD is my favorite but I don't know why, I got problem to use EUR/USD lately as my favorite pair. I experienced big losses many times when I used it, especially in this week, I think I should learn more about this pair. But I still believed if the best pair is pair that we usually used as trading.

I prefer to use the lowest lot size in the first time of my trade but it's not always the lowest lot size that I used. It will depend on condition of market and also it will depend on style that I used in each condition but mostly I will use normal lot size (1 lot) with leverage 1:1000 or 1:500 so in each movement, its value will be 10 cents per pips.

@winzpc Not always like that. Huge capitals didn't guarantee you to gain huge profits but your good analysis that will more determining it. But higher capitals will give you more profits in dollars and sometimes it will be safer to use higher capitals because it can hold more pips when it was floating so it is possible to hold our account when there is high pips of floating minus.

No need to pretend trade in demo account like real account but we only need to treat as we can, demo account like we trade in real account. It will be different on its feeling, but at least we can learn how to trade following trading plan and we can build good habit since we did trading in demo account.

Not only first time when we are learning about forex that we should use demo account but we can use demo account after we entered to real account too. We can use demo account to test our update strategy or when we want to try another style or method to know its effectiveness with our current condition.

It's good to gain some free amount of capitals from welcome bonus or bonus posting which is given by some broker sites. But the most important part is preparing our technical and mentally in trading because it will be useless to use free amount of capital if we are not ready, it will lose free amount.

Ready to face lose in forex didn't mean that we are not confident with our analysis but it's our prevention action when we made mistakes so we won't take too much losses and we suffered losses that we are ready to take. We can learn from our mistakes when we got losses but it didn't mean that our losses will always give us success.

Yes, style of trading for each trader will be different. Some traders said that one condition is bad for trading but another trader said that is good time to enter to forex market. So trade or not, it will depend on each trader's analysis and style on trading. Short-term trader and long-term trader will be different to look one condition in the market.

The movement of price in demo account and real account are same so how could we know that one condition is good if we didn't open it. If we opened position in demo account and that is good, we will know it was good after the price is moving right? So how could we open position in real account if we don't know that is good position before the market is moving?

@winzpc For newbie, they should learn about basic of forex first so they will know not only benefits to join in forex market but they will know the risk of trading in forex too so they didn't get wrong informations about forex trading. And if they are ready with the risk, so they could train from demo account first before entered to real account.

Yes, we can learn with demo account first to know how is the movement price of pair that we used in trading. But usually it will be different to trade with demo account and real account because our psychology will be affected when we used real account. Because of that, usually trading in real account is worse than trading in demo account because our fear, doubtful, greedy, etc could give impact to our decision.

@hyipreviewblog yes, consistency is hard to be achieved. It will need hard effort to reach consistent profits in trading. It is okay if we got only small amount of dollars in forex but we got profit consistently because our profits could be improved with higher lot size and higher capitals.

@hyipreviewblog I don't quite know how to make robot forex but in my view, if people could create robot forex so it means they have learned a lot of conditions in the market so he could know the best indicators to be used in certain condition. I could say if they are expert traders because they could combine those indicators and got the right signal in the right time.

@hyipreviewblog If you searched well, you will find out some brokeres that offered no deposit bonus to start trading in forex market. Usually, they will take back the bonus from our first withdrawal, lets say we got $5 or $10 for free but for first withdrawal, we will get charges $5 or $10. But it's good amount to train how to trade well in forex market. There is nothing to lose...

@FinCoder If you could create your own robot forex, so it means that you are expert trader in forex business because that is not easy to make robot forex, it will need good analysis and good knowledges about condition of market. You must spent a lot of time to learn how to trade well so you could trade well.

@winzpc Yes, in the first time we should learn how to trade well in certain condition of market. And to make it real so we should use demo account in the first time of our trading. It is impossible to use real account directly and you could trade well. At least, that was that I experienced when I learned about forex. So there must be step by step to pass, no shortcut and no instant way to be successful trader.