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alam3636
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Everything posted by alam3636
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User name : alam DMT Points Requested : 152 Payment Mode: Liberty Reserve LR Account Number: U1026885 Thank you admin/staff, I hope to get paid fast as always.
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How much capital that you used in trading?
alam3636 replied to andry777's topic in Forex General Discussion
There are two points we need to consider, first how much profit we want and how much risk we want to take, too less capital will force you to take big risks as without them you shall not be able to earn significant income, so you should have such lowest capital that make you good profits without big risks. -
why many people see forex trade as gambling?
alam3636 replied to rockstar's topic in Forex General Discussion
Well forex have risk factor, and we cannot predict accurately how the market shall move in next hour or day, so people consider it almost like gambling but those with good trding skills manage to make more profit than losses and so enjjoy handsome returns every week or month. -
Can I lose more than the fund I deposited?
alam3636 replied to yogeshwartyagi's topic in Forex General Discussion
Our trades are set to close by the broker as our account balance move near 0, as without taht brokers may be in big poblem as people may make big losses and all that have to be borne by the brokers. So as often trades are closed before our balance become 0, we do not lose more than what we have total deposit. -
It is right that forex trading is more risky than many other buisnesses and each and every trade here carry some amount of risk, we never know whether the prices shall go up or down, so to deal with the risk efficiently and make profit from forex we need to gain right skills first.
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Do not ignore benefits of long term trading
alam3636 replied to yogeshwartyagi's topic in Forex Newbies
Though i believe that day traders or short term trades can make much more profit than long term investors but for that they should have good strategy and experience. Good thing about long term trading is such investments are often safe from small fluctuations and usually give good returns as prices appreciates. -
I think every one should have their trading rules, and not only making rules would be enough but we should follow them during our trades, those who cannot stick to their own rules cannot be expected to succeed in this market.
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How to Lower Your Transaction Costs with Forex Rebates
alam3636 replied to kickbackfx's topic in Forex Newbies
Well transaction cost have direct effect on profitability and some time big transaction cost may make your losses grow in case you had a losing trade. And reducing transaction cost by way of getting ref-back should always be welcomed as it simply increase the profitability and reduce losses.- 15 replies
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- forex rebates
- kickbackfx
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While practicing we may be trying different techniques and so may make losing trades most likely, and for that reason demo accounts are best way to make practice until you get confidence enough to trade on real account.
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Importance of Demo Account/virtual account in Forex
alam3636 replied to abdulla1's topic in Forex Newbies
Demo accounts are almost same as real account and the only difference is you invest no money in demo account but you trade with virtual money and so you get no risk of losing from your pocket. This makes demo accounts really great and helpful for new traders.- 751 replies
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- forex virtual account
- forex demo account
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First i am against having very big stop loss, because big stop loss will make you lose big even if you had few losing trades. So we must be careful about the entry, if it is near major support we can set shorter and safer stop loss below that support.
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how many ways i can invest liberty reserve money?
alam3636 replied to cesperlight's topic in Forex Newbies
Among differnt ways of investing the money you have in your liberty reserve account i think forex trading is best, the simple reason is we have control over the money we invested and it is upto individual trader how much risk you expose your capital to. -
Well i dont think any one need to learn how to spend money, so what is more difficult is to earn it, and any one can spend it easily. Yes if you make profit in forex trade it would be wise to spend only a part of it, and other either you reinvest or keep it safe for any sudden loss.
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Well i think there is no reason to trade every moment and every opportunity we wee, but it is only when we are clear about the trend, and there are more factors that make you believe that a particuar trade has more reward than risk, and wise traders only trade to win though it is different that even then they lose few trades.
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Forex markets though are 24 hours market, but there are times when there is no or very less movement, further it is only 5 days market and at weekend i.e. saturday or sunday market remains off and no trades are executed during weekend.
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Is it possible for me to sell my forex account online
alam3636 replied to chuna1985's topic in Forex Newbies
I have not seen people selling their forex account, and even if some one do i think no one will be interested in joining, accounts are bound will personal information and broker may ask you to prove to be owner of account time to time. -
Welcome bonus by brokers - Make guaranted money
alam3636 replied to yogeshwartyagi's topic in Forex Newbies
This is great time for we traders as brokers are facing competition and so they are brigning in differenent promotions like welcome bonsues and deposit bonsues, i think we should not miss these opportunities as bonuses are always profitable, and traded wisley can make us good profits. -
What do you think about free deposit from broker promotion?
alam3636 replied to kaito kid's topic in Forex Newbies
At least for beginners in this field such free deposits are great motivation and help us learn and earn for free. Provided we put good efforts we may make handsome capital trading for some time with these free bonuses and so make money risk free. -
3000$ is a big amount for me, and i would never like to risk all this with a single broker, so i would go with three top brokers 1000$ each and with with 2 i shall go with long term investment, while with third i shall be day trading, this will give me best profits as well as safety.
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I am not a full time trader nor actually the part timer, but i do trade occassionally when i have free time and also when i see an opportunity that make me feel that risk is limited and reward is big. And this selective trading help me make more profitable trades.
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I think a mentor may be very help ful for us to start trading, of course we can gain knowledge and start trading without a mentor but this approach may make us make many trials and errors in order to learn and also we may lose often in begining.
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- Forexmentor
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No doubt losses are part of forex business, and we shall encounter some losses like we shall get some profitable trades, but it does not mean that losses would be better motivation to success than the profits, rather repeated losses may be scaring.
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Newbies are usually attracted to huge earning potential of forex market, but they are so eager to make this money that they do not take precautions and ignore the risk which is huge in this market, and this mistake make them lose from their pocket.
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Well two persons getting same quality of tradining will not perform same, and that is just because one of them is more talented than the others. So the truth is there are some skills or qualities that are god gifted and some others we earn here by experience and learning.