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uncle gober

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  1. uncle gober
    Forex scalping is a trading strategy in which the trader makes dozens or even hundreds of trades daily, looking to capture a few pips per trade. Generally, scalpers stay in trades for less than a minute, bolting as soon as their position captures a few pips. Simply put, scalping is a procedure by which one makes a trade with the goal of only making a couple of points. Basically scalping is profiting from rather small moves in the market. A scalper trader will only stay in the market for seconds to minutes at a time. Forex scalping is the art of using high leverage and a large number of short term trades to make a steady profit. Usually, only 1 to 10 pips are targeted for each trade. Trading is done on the major currencies. The majority of intraday scalpers tend to be futures players, meaning they profit from small moves in the market. The Advantages of Scalping Very effective method of using capital with minimal risk per trade. High percentage win rate. Scalping is suitable for the impatient trader who is prepared to devote a lot of time and continuous focus to the market. Event risk is small as the scalper will usually be almost certain of a fill at the chosen exit point even if conditions suddenly change.
  2. uncle gober
    If you are a beginner, never ever start to trade without having had some practice on a demo account. It is a proven fact that most traders who failed to make money are those who had very little knowledge about the forex trading market, little practice and not an iota of discipline. These traders would buy currencies that think appeals to them and which their hearts say would appreciate. These traders allow their emotions to take decisions and they go wrong. To become a successful forex trader you require months and months of practice using a demo account. Using a demo account will help sharpen your skills.
  3. uncle gober
    Yes that are, its very important to stop our loses in trading. Our greed is a bad emotion. That can harm us every moment. So if we want to avoid greed we must follow all the rules and make our mind free from any bad emotion.
  4. uncle gober
    We must choose regulated broker which guarantee their clients fund. We also make sure that broker give convenient service for us so we can feel comfort when trading. We can find a good forex broker recommendations from various sources, but it is better to try the performance of the server with the usual free account offered by the broker, like 15 EUR from Armada Market before we trading using our own money.
  5. uncle gober
    yes, you right. very low spreads required by traders, especially if we want the maximum profit. I like to trade in a way scalping. so requires spreads and maximum execution speed. I have this in my broker i use now
  6. uncle gober
    as traders we must always use SL as part of a money management so that we can focus on trading that we do. mistake reading market movements are common in the forex business
  7. uncle gober
    In terms of total cash, my guess would be the US, Europe, the Middle East, and Japan. In terms of number of active retail traders - difficult question. I've seen country specific forums in local languages from all over the place. Southeast Asia seems particularly active.
  8. uncle gober
    As long you make profit. It does not matter if you going to earn or loss money in forex. What matter is that you are learning each time you trade. because in the long run you can eventually make good income in forex. I know its hard to make good living in forex but believe me in the long run you will benefit in this also. So its really does not matter if you trade part time or full time what matter is your earning and learning.
  9. uncle gober
    Forex and Gambling are not the same. Gambling is a game of chance with expectations to make huge sums of money. The underlying effects (panic, fear, greed, anxiety, e.t.c.) are the same but much greater for gamblers. Unfortunately some Forex Trader trade the market in a gambling manner, which is wrong. Forex trading requires lots of intellect and experience. If you are right you are right and if you're wrong you're wrong. Gambling is not a good investment as it can be addictive lacks moral ethics.
  10. uncle gober
    if you want making Consistently Profit in Forex? Try this step : 1) Focus on trading, not just on making money 2) Learn that NOT trading is part of the game (Being out of a trade is a position) 3) Become organized and disciplined 4) Take a longer-term view of what “success” means 5) Develop a strict daily trading routine to develop positive trading habits I am learn this in Video Tutorial
  11. uncle gober
    I strongly agree that we must have patience and discipline in forex trading, forex trading in addition to a high risk, which is sometimes difficult market movement is expected to require more patience than a trader, it is not advisable to impose make trade when we are not sure of its accuracy after viewing and analyzing current market conditions occur.
  12. uncle gober
    Consistency is one of the most important aspects of trading. It is better to earn 60 pips a week every week than have your account wiped out because you did not stick to your trading plan driven by greed. this is my opinion, but i think many trader who have many strategy in trade to reach constant profit
  13. uncle gober
    Foreign Exchange or Forex as it usually known is really a good place to make your living, but you got to know what you are doing. Don’t just open an account and start trading because you will lose your money. Before trading on live account, try to read educational materiel on the subject, learn the technical analysis techniques and fundamental techniques. Find a good broker that has good reputation.
  14. uncle gober
    Happy New Year 2014 I hope we meet the success in next year
  15. uncle gober
    FBS really nice Broker But I think need more advanced in spread and execution
  16. uncle gober
    Merry christmas and happy new Year
  17. uncle gober
    welcome bonus is very useful for traders. welcome bonus is useful to look at the speed of each broker server. therefore I chose Armada Market that has the speed of execution and super lowest spread. because this is really give advantages for the trader who look like scalping trade
  18. uncle gober
    I think if yo are a newbie in forex then you should start as a part time trader and should gain some experience. it is good for yo and your trade but you can do full time trading in the future after getting some experience. therefore, use the offer from broker like 15 Eur welcome bonus from Armada Markets to hone yours skill.
  19. uncle gober
    Yes, Demo account is a place for learn how to execute trades and acquire the skills to manage risks without putting their money on the line as they get to view the impact of price fluctuations on their trading accounts in real time.They are able to develop and test different trading strategies in real time under actual trading environments and market conditions without risking any of their capital. It gives them the opportunity to be familiar with the peculiarities and characteristics of the foreign currency market and learn how to adapt their trading strategies to them.
  20. uncle gober
    Yes, I am agree. Demo account is important for the newbie. demo account is a virtual account that comes with play money that you can make virtual trades with. Demo accounts are free of charge and they are supposed to represent actual market conditions.. A good broker allows unlimited use of a demo account. like Armada Markets
  21. uncle gober
    Opening a forex demo account can teach you a lot about trading. They allow you to learn to trade without putting your money on the line. This can be a big advantage if you are a true beginner. Make wise use of availability of demo accounts and practice trading before committing your money. Armada Markets give $15 Eur welcome bonus for your first trade. it is free
  22. uncle gober
    yes you can use forex as your life time source of income in as much that you know how to trade and you believe that you can make a lot of money from the business you can start planing your retirement from it now. Armada Markets give you all you need
  23. uncle gober
    welcome bonus depending on the success of traders who execute trades. traders who already have a good forex system will improve the balance welcome bonus. Armada Markets give a trader 15 Eur Welcome bonus
  24. uncle gober
    Lots of practice and evaluate our trading is a great way to improve our trading skills. To test the ability of our trading, both the ability to generate profits, manage risk and money management skills, you can try trading with Armada Market and become Trader Of The Month. Each month Armada gives out a 500 USD prize to the Trader of the Month who shows not only good profits, but also excellent risk and money management skills. Read more Trader Of The Month
  25. uncle gober
    learning is needed by traders both beginners and professionals. I therefore take advantage of a wide range of references that can add to the knowledge I have. one way is through video tutorials. viseo tutorials are used for learning is http://www.armadamarkets.com/how-to-trade-fx/video-tutorials/
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