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Achiever2015
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Everything posted by Achiever2015
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Secret Trading Tip ......................!!!!!!!!!
Achiever2015 replied to mksaife's topic in Forex General Discussion
Very rarely do you see successful trader/investor come to the open and declare the secret of his/her success. What we have at our disposal are the numerous resources that discuss trading strategies whether using forex news or technical analysis. We can harness these and come up with a strategy that suits us. -
Mistakes That Forex Traders Make
Achiever2015 replied to ellliottt's topic in Forex General Discussion
As a beginner trader, who have attended to his/her training with all diligence, the thought of having a smooth ride in trading may be predominant in his/her mind, and so when the trader hits the rock consistently, he/she resorts to quiting. It must be clear in our minds that no matter how similar demo trading is to live trading, it is still VIRTUAL! -
@xetang: you really are a daring investor! And I could see it's paying real good for you. Good to know this site is still paying, I just hope the admin will continue to efficiently manage investors money and so continue to pay. Good luck friend.
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Is forex your only source ofincome?
Achiever2015 replied to starwar1508's topic in Forex General Discussion
Forex is really a risky investment, though it's got its juicy offers. It will not be in the best interest of an investor(especially the beginner) to make forex his/her only source of income. The idea I've got is to have multiple streams of income. So I can't put all my eggs in a basket, even if the basket is beautiful. -
@xetang: you really are a daring investor! And I could see it's paying real good for you. Good to know this site is still paying, I just hope the admin will continue to efficiently manage investors money and so continue to pay. Good luck friend.
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I think trickster used the right words there: maximize the opportunities both hyip and forex present. Forex is risky but, in my opinion, hyips are riskier. Each of these investments have its opportunities, we need only to maximize them. Care and discipline are required in both, but much more certainty required before entering hyip.
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@trickster: thanks for the info. But I'm not saying a quite different thing. I'm saying that not many professionals trade using forex robots. I won't advise that traders should use untested robots(in demo) and moreover robots are programs, and programs could be bugged. So professionals don't risk their large investment in the hands of some robots (though I don't dispute that a few may do so).
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Risk Management in Forex Trading.
Achiever2015 replied to asiaforexmentor's topic in Forex General Discussion
@trickster: the point in risk management is actually profit maximizing and loss minimizing strategies. This is why newbies may not have or need to higher risks. Loss could dampen newbies' spirit, but if there's consistent profits (even at lower rate) it energizes him/her. But pros know their ways. -
it took quite a long time to get success
Achiever2015 replied to andisatria's topic in Forex General Discussion
@protox, that is the truth. With success comes some stop points called failures but success is not 'not failing at all', rather it's getting up and move on after every fall. The quest to succeed should be stronger than losses. Forex is no exception. -
Do you think compounding is important?
Achiever2015 replied to andry777's topic in Forex General Discussion
Luke1 is right here. The principal must not be traded alongside the profits until we've succeeded in recovering our principal through the many trades. Then we could begin to think of compounding because by this time, the trader must gained sufficient experience to step up his game. -
It's true that forex is gaining popularity but the number of people that venture into it are quite not as much. The advantage forex has is its stability, even when there's economic crunch. People are afraid of trading forex because of its risks and fear to take these risks. But risk takers are the rich eventually.
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it took quite a long time to get success
Achiever2015 replied to andisatria's topic in Forex General Discussion
The process of learning the trading skills, understanding market movement and analysis alongside risk management(on the platform of demo trading) precedes earning where your learning skills precision is measured. This 1st process may take long, and making good profits is gradual (though there may be exceptions). -
it took quite a long time to get success
Achiever2015 replied to andisatria's topic in Forex General Discussion
The process of learning the trading skills, understanding market movement and analysis alongside risk management(on the platform of demo trading) precedes earning where your learning skills precision is measured. This 1st process may take long, and making good profits is gradual (though there may be exceptions). -
Is it advisable to trade on all currency pair as a newbie?
Achiever2015 replied to flybiz08's topic in Forex Newbies
I do not think it is advisable to trade all currency pairs as a newbie. The best currency pair is the EUR/USD pair. The reason being that it is most liquid of all currency pairs, trading spreads are lower, most popular and it also makes up about 27% of total forex trading volume. -
I believe strongly that there are times allotted to every responsibility in life. When you are still a young forex trader, making forex a full-time job may not be reasonable. So, a job at hand while learning and getting acquinted with the art of forex is the better path.
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- life vs forex
- discuss life vs forex
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It seems to me that the beauty of life is not just in its gain but also in its pain. When forex trading is devoid of risk, it's like removing the lifeblood from a person. If we know what the next market movement will be, then we're no more trading. The attention should be to develop capacity to minimize these abounding risks.
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How do I spend profits from forex trading?
Achiever2015 replied to flybiz08's topic in Forex Newbies
In my opinion, the profits generated can be invested in other investments or better still saved. However, for newbies, it is important that profits are not put back to trading so that loss could be minimized. As much as possible newbies should minimize risks. -
Robots have its advantages and disadvantages just as manual trading has. I think manual trading allows the trader opportunities to develop himself in all aspects of trading experience. The truth is that professionals won't become what they are if they had traded with robots!
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What do you think about free deposit from broker promotion?
Achiever2015 replied to kaito kid's topic in Forex Newbies
For newbies, I think this is really a great opportunity to adapt your skills to real trading account and at a minimal risk. If it's properly harnessed, the young trader can learn a lot and make profits gradually. I'll advice you maximally utilize it. -
Lost 20 trades. Do you advice I quit trading?
Achiever2015 replied to flybiz08's topic in Forex Newbies
When loss becomes consistent in trading, then it calls for self-analysis and trade-analysis. It's not the time to quit yet. You may have to suspend live trading for a while and go back to demo in order to sharpen your skill. Don't quit yet! -
Forex is not gambling but people however gamble their trades in forex. What do you expect of a poorly equipped trader to do when he trades? Obviously he depends on luck. There are training and skill developments in forex, and infact you may know you'll win a trade.
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Displayed Username : achiever2015 Amount To Request (DMT points): 200 Payment option Liberty Reserve ID:U2376305 Thank you Admin!
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The admin has really gone the extra mile to have more monitors, and credible ones at that to monitor its program. This will boost investors' trust in the program. I hope the admin lives to expectation in managing this program. Many of the monitors listed are rating it as 'paying' and a few as 'waiting'. https://v-finance.net/partners.aspx
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Risk Management in Forex Trading.
Achiever2015 replied to asiaforexmentor's topic in Forex General Discussion
Many professional traders advice newbies to invest 5-20% of the total money in their fx account to trade so as not to risk losing all their investment in a trade. Basically an amount that you can bear the risk should be traded per trade. Doing this will to manage risk.