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Everything posted by uncle gober
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Psychology in forex trading is one of the most important things that must be understood and carried out by the trader. Many traders are successful because they understand about trading psychology and many of them also eventually gave up and lost because they underestimated. So for those of you who are serious about investing in forex, forex psychology must be understood correctly.
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how many ways i can invest liberty reserve money?
uncle gober replied to cesperlight's topic in Forex Newbies
That's right, forex trading is the best way to invest money online, but we have to have more patient in this business because to be able gain profit form forex trading we have to have enough knowledge about forex and experienced, more knowledge and experience need process and time, so we have to be patient untill we can manage the risk of forex and gain profit consistently. -
Few Tips and Advices To Get Started With Forex.
uncle gober replied to spywww's topic in Forex Newbies
Demo accounts are very good for the introduction of trading, both systems; trading discipline; metatrader; indicators or money management. But a trader must know that a demo account is very different from a live account (will be better to informed the advantage and disadvantage before suggesting the use of a demo account for new traders), after the introduction, use the real account will become the best advice to better train the ability to trade, you should use a micro account first before using more money before we actually were able to manage risk with a micro account. -
The funds that we invest in forex is the funds that we are ready to lose, if we are able to manage the risks that exist, the more funds we invest the greater our chance to enjoy the results of forex, but of course to be able to manage the risk of forex we should have sufficient knowledge and experience on forex, can always be disciplined and have a good skill at money management.
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What do you think about free deposit from broker promotion?
uncle gober replied to kaito kid's topic in Forex Newbies
Once we know enough about forex trading through demo account, familiar with metatrader and indicators that we will use, using of no deposit bonus from to try our trading skills with real account is the right choice, because with this bonus we do not need to risk our own funds. We could try to broker server before we decide to invest our funds. -
Can no deposit free money help you achieve success on forex ?
uncle gober replied to kaito kid's topic in Forex Newbies
There is no harm in utilizing every opportunity to be successful in the world of forex trading. Such as the use of no deposit bonus from broker, in addition to better train our trading capabilities, this bonus gives us an opportunity to find out how the performance of the broker server that provides this bonus before we decide to invest and we are there. -
Make forex as an investment is good enough if we able to manage the high risk of forex trading, because the forex promising results good enough for traders who have enough knowledge about forex and experienced, is able to manage risk well and have good money management skills.
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- long term forex trading
- risk in forex investment
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Overall forex robots are expensive, other than that in forex is difficult to find a strategy that can 100% profit, so it would be better if we hone our manual trading skills, due to our own capabilities we will be able to customize the analysis and strategies we use to follow the forex market movement
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Forex forum Do you think forex forums can improve my trading skills?
uncle gober replied to flybiz08's topic in Forex Newbies
If we can maximize the available information, forex discussions, sharing of experiences among traders or fundamental analyzes which are provided in the forex forums, forex forum can improve our trading skills.- 456 replies
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- importances
- added advantage
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how many ways i can invest liberty reserve money?
uncle gober replied to cesperlight's topic in Forex Newbies
Yes, we are no longer able to use Liberty Reserve to make online transaction, it is very unfortunate, with the ease and speed of transaction is widely believed to be the e-currency in cyberspace. Currently, many other e-currency that we can use to make online transaction, make sure the security and convenience offered to make online transaction. -
which currency pair do you prefer?
uncle gober replied to TradingForex.com's topic in Forex General Discussion
For beginners EUR / GBP and GBP / USD pair is the most friendly, because as we know that most fundamental analysis discussing these three currencies and the world was a lot of analysts discussing about a third of these currencies. -
soo many brokers, and I want to pick one :)
uncle gober replied to Sara888's topic in Forex General Discussion
Choose who can provide maximum support on your trading style, if you are a scalper, choose a broker that offers the lowest spreads, no requotes, permit trading when volatility is high or when breaking news. Before you invest your funds in there, make sure to get reviews about the broker -
What do you think about free deposit from broker promotion?
uncle gober replied to kaito kid's topic in Forex Newbies
To be able to make money of course we have to spend money. Since it's was very high risk of forex would be better if we hone our trading skills with a demo account or a free real account from broker before we risking our money in forex trading. In terms of hone our trading capability and learn more about the performance of the broker's server where we will invest our money, free no deposit bonuses are very helpful. -
However all back in our own self, the use of robots can be profitable, but still we have to control it manually. We can not rely 100% our trading onrobot. Test the performance from the first using a demo account will give us more time to analyze the shortcomings and strengths before maximize its use to generate profits for us.
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Yes I also never encountered such a trader, but to be able to run a forex trading as this certainly requires a much greater capital than the traders who are trading correctly, with the strategy and the knowledge of forex to make money.
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I agree with you, forex trading more beneficial, especially for beginners, in addition it is easier to start, forex trading allows us to start trading without having to spend a lot of money, even today there are many brokers who provide free no deposit bonus like welcome account 15 EUR from Armada.
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Can no deposit free money help you achieve success on forex ?
uncle gober replied to kaito kid's topic in Forex Newbies
If we want to train our trading skills using real account without risking our own money , free no deposit promotion is the most appropriate choice, with this way we can say that free no deposit promotion can help us achieve success in forex, this promotion is usefull to train our trading skills both good strategy and good money management awithout risking our own money. -
I think forex is not gambling, because in forex we not only speculative but we are required to be able to analyze the market and the movement chart, traders who rely only speculative will never succeed in this business.
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What do you think about free deposit from broker promotion?
uncle gober replied to kaito kid's topic in Forex Newbies
If we want to train our trading skills using real account without risking our own money , free no deposit promotion is the most appropriate choice, but if we expect to make money from this promotion I think is not the right choice, because as we know that this promotion has so many rules. -
Demo accounts are very useful to train our trading skills, both good strategy and good money management without risking our money, while the real account in addition to train our trading skills both good strategy and good money management are also trained in psychology or emotions when trading, even if it means risking our own money but we get a psychological training that we need to be successful in trading.
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Importance of Demo Account/virtual account in Forex
uncle gober replied to abdulla1's topic in Forex Newbies
Basically forex trading is very simple, just the buying and selling of different currencies, but to be able to get the results of these activities a trader require a strategy that can minimize the risk of forex trading which is quite high. For beginners traders, it is recommended to use a demo account as a means of finding and training a trading strategy before using a real account.- 751 replies
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- forex virtual account
- forex demo account
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For now make forex as my main job is still not possible, even if I choose a broker that is quite right now but my trading skills still have a lot to be developed before I could decide to make forex as a main job. But for traders who already have a good strategy in accordance with his trading style and can be disciplined with those systems, to make forex as main job is possible. For me if forex can be used to my full time job I will be get enough time to spend with my family and enjoy my live time.
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how many ways i can invest liberty reserve money?
uncle gober replied to cesperlight's topic in Forex Newbies
Yes, LR is very useful and very easy to use, but the risk of LR also we can not ignore, this day is bad enough for my LR account, because today I withdraw to my LR account and the funds in my LR account immediately transferred automatically to another's LR account that I do not know who. -
Do not ever be satisfied with what we've got
uncle gober replied to rizal83's topic in Forex Newbies
Basically, humans are never satisfied, it was a natural thing as long as our dissatisfaction makes us never give up and keep trying to be better, as it is also in forex trading, it does not matter if we are not satisfied with the results we gain now, as long as our dissatisfaction do not continue to be greed, because greed will only make our trading mess. -
I am so sorry to hear it, bro. As I know Armada Markets is a partner of LMAX. Armada is registered as a foreign exchange and metals broker by the Ministry of Economic Affairs in Estonia, a member country of European Union and the Eurozone. Armada Markets is the first Scandinavian and Eastern European preferred partner of LMAX, so price you see is price you get, no re-quotes, full STP and DMA