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PROPENSITY100

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Everything posted by PROPENSITY100

  1. Yes all signals fail at some point of time and this usually causes huge losses.so depending upon a signal for a long time is not prudent. instead we can learn and practice Forex ourselves and excel in it.
  2. Yes apart from knowledge and skllls certain natural qualitative attributes are also essential in order to excel in Forex. this natural qualities may include discipline, patience, control over greed and emotions etc. Emotional control is more essential when we incur a loss because during this time a person is prone to make hasty and irrational decisions.
  3. Its our planning and developing strategies that makes Forex better than gambling. However sticking to our plans is as important as developing a plan. Planning reduces risk and helps us to keeps our capital safe.
  4. Forex or Foreign exchange is the simultaneous buying of one currency and selling of the other. Its the leverage which makes Forex trading so potential. However we should chose the right leverage very judiciously.
  5. To become an expert in Forex trading we may need exceptional talent and intelligence which is God gifted. However to become a successful trader and earn from it a regular income, we need efforts and normal intelligence and skills may suffice.
  6. In demo trading risk and fear are not there therefore the profits made in a demo account is not an indication that one has mastered Forex trading. In real trading we risk our money and therefore its not as easy as a demo account.
  7. Its well known that Forex is a dynamic and uncertain market. Anything that is uncertain has some mysterious nature in it. However if we learn Forex properly starting form the basics then we will know that Forex is not mysterious but a genuine money making opportunity.
  8. I think the greatest mistake that beginners make is to consider Forex as an easy source of money and start trading without any efforts to learn and practice Forex on a demo trading. This is the major cause of losses in Forex.
  9. Forex or Foreign exchange is the simultaneous buying of one currency and sell the other. When we enter a trade in a currency pair we actually buy one currency and sell the other. its now easy to learn Forex from the internet.
  10. This is a good plan to earn 5 $ or 10 $ but I have not come to Forex to make this 10$. It would be more useful for us if we use this welcome bonus to test our skills and knowledge in Forex. If we are skilled than making 10 $ would not take much efforts for us.
  11. Burning my account is common for me especially when I am scalping. However when I intend to take high risk I keep my deposit small and blowing away of this deposit does not make a big difference to me because i many times manage to multiply my balance and withdraw the profits.
  12. Our mental capabilities and extremely essential to make money in Forex business. Forex is an extremely potential market with extreme possibilities for profits and losses, so one should first learn and practice using a demo account before starting to trade with real money.
  13. Forex is an extremely potential market with huge possibilities and immense opportunities but we should never forget Forex is risky and dedicated learning and hard work is essential before we can start making money in Forex business.
  14. The knowledge of Money management and risk control is very essential in Forex. we should never open a trade unless we have more chances of making profits in it. We should never risk more than 15 % of our capital on all the open trades at any point of time.
  15. To become a successful trader is not a child's play and one needs to concentrate on many things like discipline, control over greed, proper learning and practice, experience, Avoiding too much trading etc and if any of these is not taken care of we may land into losses.
  16. Before starting real trading it is essential to learn and practice Forex trading on a demo account. However i do not think the usage of demo account is limited only while we are beginners but even when we become experienced traders we can use demo account to test our strategies and plans.
  17. I can suggest three brokers on my experience in Forex trading which have low spreads and instant withdrawals. Instaforex is my favorite broker because it has great bonus programs. exness has very low spreads and withdrawals are instant. RoboForex also has similar benefits of exness.
  18. Yes we should have the killing instinct of a lion and kill the Forex market when we get a chance. By killing I mean we should take maximum profit from a good trade . Have you ever wondered how ruthless Forex can be and if we show negligence how severely can Forex punish us.
  19. I think live mentor would be better but everyone is not fortunate enough to get access to a live expert face to face. So we can also take advantage of the online webinars and vast information about Forex on the net to learn Forex.
  20. I prefer trading the news especially with the eurjpy because news trading can actually give us great results. However when I am not certain about the direction of the market and its response to a particular news event I avoid trading the news.
  21. The movement of currency pairs depend upon many factors and especially on the timing and economic news related to the currency pair. usually there is activity in a currency pair during specific market hours and very little liquidity during certain hours. Economic news related to a pair may cause the pair to become very volatile.
  22. I think luck has no role to play in our success in Forex however experience and learning are the secrets behind the success in Forex. Without making efforts to learn and practice Forex trading one should never start real trading.
  23. Losses is a part of Forex and i lost over 5000 $ in a month during my initial days when I started trading. Now as I have gained knowledge and experience i manage my capital and risk such that I never incur huge losses and mostly in profits in a period.
  24. Amount To Request (DMT points) : 220 Payment option Liberty Reserve ID : U0530431 Thank you Admin and moderators
  25. Free deposit from various Forex brokers is a great means for us to test the quality of their services and also to test our skills and knowledge in Forex. Free deposit bonus can be used to determine how good we are in Forex and whether we are fit to enter real trading or not.
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