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protox
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Everything posted by protox
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Learn to read a long term chart. This will help you to take your eyes rest while you are on something.
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Trading full is only availabel for expert trader. I wouldn't recommend it for newbie. Because, when you are losing, you will have nothing and end up of finishing your life.
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Yes, forex can be a main job. But I would not recomend it for the newbie. Only to those who are expert with trading. In terms they can minimize the lost up to 0.35% only. I still hole my present job as a translator coz, I still love my job.
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Importance of Demo Account/virtual account in Forex
protox replied to abdulla1's topic in Forex Newbies
Agreed. I even treat the trainin demo as a real one. This way can help me to prepare before facing the real account.- 751 replies
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- forex virtual account
- forex demo account
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Can no deposit free money help you achieve success on forex ?
protox replied to kaito kid's topic in Forex Newbies
I would like to say it is depend on the person itself. If you are treasuring the free money, you might be a success trader no matter what money you are using. But if you are not that kind of person, you will not treasure the free money, unless if you are using yours. -
You have to learn how to trade with forex first. If you had do that, and you are able to minimize the lost during trading. You will have no proble to make a living from trading. Happy trading.
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- life vs forex
- discuss life vs forex
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How to Choose the Right Leverage in FOREX TRADINGX Trading
protox replied to rony's topic in Forex General Discussion
Every person has their own target, has their own opinion. To me, to set own leverage is much better than asking peoples' opinion. Coz every person has their own leverage. To me I set my leverage to 1:5000. I don't know about others. -
it took quite a long time to get success
protox replied to andisatria's topic in Forex General Discussion
Success didn't come with one finger snap. It comes through process of studies, practicing and be not fear to fail. Without it, impossible for someone to achieve success, even Donald Trump ever fail before he regain his success back. -
There's no way you can eliminate the risk fuly. Everything has its risk. Depend on what occasion you are taking. Even people who are expert from riding a bike can fall from the bike someday.
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True, forex is risky, but if you had learn to trade and practice with demo account. You can minimize the risk in the Forex itself.
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Robot can make mistake in reading too. More mistake makes than human. I would not suggest to use robot. You are only waste your money on it, as most of EA could fail too.
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If trade Forex without the basic idea, without know how to trade. Just place your luck on buy and sell. Yes, you are treating Forex like casino. But if you learn carefully, get the baisc idea of trading. Practicing with demo account, you are surely not treating Forex the right way. And it will not turn out like casino.
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Free money are given for certain broker. Yes, they can be withdraw. But the problem that, you have to open the broker that they are working together. Like say Mt5 with instaforex. You have to open the account of that broker from the link provided by the Mt5. Therefore, if you had open the account by yourself, you can't your account to the broker in oder to get the money.
- 148 replies
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- bonus
- free capital
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If they are not learning to trade properly, they might fail in trading. Some newbie are also jumping into trading without practicing with demo account. They only get the basic idea of trading from e-books. Even sometimes, they only learn from friend who trade based on experience.
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At first, I was not dreaming about it. But soon, after I had been studied how to trade, I surely eager and dream on to trade. And earning money from trading.
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Quite true, but not all of us agree in that to be a success, we need to fail first. First of all if we are not learning the basic idea, the we put into a practice. If we fail from that, we still can accept it. But if we have no idea at all, and step into the the business, and we fail, we are gambling with our life. Then you will keep on question, what is wrong with me.
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it is possible to earn profit daily. Either the when market is bad or good. If you know what to take as situation as. Unless if you still learning, then, it is hard to get profit daily. But as soon as you trade daily, you'll learn the trick of the market itself.
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I prefer to save them than to spend them. Because we will not know what happen in the future when we need money.
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I don't think it is impossible. Some trader are treating Forex as a full time job. But for me, I still prefer to stay with my current job. As I still love it.
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What do you think about free deposit from broker promotion?
protox replied to kaito kid's topic in Forex Newbies
Just be careful with those broker that can offer you free deposit. Some can turn out to be fraud.One thing to be sure if the broker if cheating or not, by finding out the information about it from forums and articles. -
If you want to earn lots of money, you may trade daily. But it isn't necessary. Only if you are able to read the long term chart, then it will be fine for not trading daily.
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If you treat Forex like a casino, you will never earn much, instead, you will losing your money, plus, you are not building up your skill in trading if you are treat Forex in that way.
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What do you think about free deposit from broker promotion?
protox replied to kaito kid's topic in Forex Newbies
I wouldn't mind with the free deposit from broker, I just need to be careful with those broker. To watch if they are turn out to be a scam or not. -
If you create a demo account and take it as a contest, then how can you prepare yourself to the real battle, in real trading? I wouldn't want to gamble in the Forex without practicing with demo account.