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Everything posted by uncle gober
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which broker is the best for scalping?
uncle gober replied to ermaniso2011's topic in Forex General Discussion
I am trusting Armadamarket too, the best server and the lowest spread make me feel comfortable to scalping. Beside we allowed to trade during breaking news and market volatility. -
Sure I have a trading plans. Before I opening my metatrader, I always ready with the plan. And remember, when we are already preparing our plans, try to keep referring to plans already made. Discipline is very important to be successful in this business.
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My dailly only 1-2%. We can get more than 100% a month or even a day... In forex trading thats is possible, but of course the risk will be more higher. For me get 20-40% each month is a great achievement, the most important is we can doing that consistent.
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what are the best forex trading Hours?
uncle gober replied to asiaforexmentor's topic in Forex General Discussion
Yep, for scalper, maybe Asian Market is the best. Maybe others think that opening or closing market is the best time for get into the markets. Everything depend on each traders. -
For newbie, you should definitely open a forex demo account and try out some demo trading. This will give you a good technical foundation on the mechanics of making forex trades and get used to using a trading platform. Opening Demo ACCOUNT
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If you are a trader, you have to knew that risk. So high risk in forex is a common risk Here we are managing risk. anyone who is willing to take risks and be able to manage that risk, then he will succeed
- 460 replies
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- Learning forex
- Should i trade in forex
- (and 4 more)
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I never try using a robot. I like manual trading most than automated forex trading. Tough armada markets are good for using Expert Advisor, I am still prefer doing manual trading.
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Trend trading strategies your best friend in forex?
uncle gober replied to yogeshwartyagi's topic in Forex Newbies
Yes, trend is our best friend. Always follow the trend each we makes transaction. it is not easy to determine the direction of the price, but we can use the indicator to determine it. -
all depends on the type of trading respectively. Daily trader might trade every day, but it does not mean every day there is a transaction, all depending on market conditions as well.
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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
Yes I agree with you. We can learning a lot from reading others experiences. But make sure, we are doing practice too... Each the knowledge that we get from others sharing, we try and practice ourself in our account .- 456 replies
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- importances
- added advantage
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The Simplest Way to Earn in Forex
uncle gober replied to smithlover84's topic in Forex General Discussion
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 -
why many people see forex trade as gambling?
uncle gober replied to rockstar's topic in Forex General Discussion
Forex is a real business. We need more than lucky to be success in this business. We need lots of knowledge and ability in analyzing the forex market. If you saidthis is a gambling, and you do forex as a gambling, you only need a luck here. -
Importance of reviewing our trading history
uncle gober replied to PROPENSITY100's topic in Forex General Discussion
Yep reviewing or evaluate our trading result is a good way to improving our ability in forex trading, so we could find our mistakes and fix them and not repeat the same mistakes that have been made. -
Loss is common in forex, I'm sure every trader through the same thing, but it's part of the learning process. Successful trading is much more difficult than it first appears. It requires a long process of market watching and practicing chart pattern recognition.
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No, I am using armada markets right now. I think we can start forex trading from 1$ or even from no deposit money. I suggest to make deposit more bigger, at least $25 so you have enough room to maneuver . Or if you are interesting with no deposit money, Armada Markets is giving away 15 EUR on their welcome bonus account so you can test out their live trading conditions.
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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
Yes you can. With demo account you can get success too on forex, all depends on the individual. There are traders who are always looking for no deposit bonus promotion from broker and some of them utilizing demo trading contest held by broker to get the trading capital from the contest prize. -
Importance of Demo Account/virtual account in Forex
uncle gober replied to abdulla1's topic in Forex Newbies
Yep, demo account is the best way to learning without risk. In this case to learning about the trading sistem. But next step we also need learning and practicing for the psychology, so using a real account will be better. But make sure to make deposit in less margin.- 751 replies
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- forex virtual account
- forex demo account
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Yep, I'm sure it will be happen. Many new traders doing that, they didn't practice a lot with demo account, they decided to making some deposit anddreamingto get a huge profit. In fact , theylose all their deposit money.
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money management and stoploos.
uncle gober replied to ermaniso2011's topic in Forex General Discussion
Most traders real problems are in their failure to cut losses short, an inability to be disciplined, letting their egos get personally involved in the market, fear and greed, and a lack of risk management. -
Is it easy to earn money in forex?
uncle gober replied to lollabun's topic in Forex General Discussion
who can master the knowledge and himself, I am sure he will always be able to get lots of money from forex. Only in forex we get : Opportunity from Global Market, High Value Market, Modern Equipment. we get high Risk / Return Ratio, Leverage, High Return on Investment (ROI), Fast Rate of Return, Liquidity and also Low and Fixed Cost of Transaction. -
Importance of dream in FOrex
uncle gober replied to PROPENSITY100's topic in Forex General Discussion
I just wanna make trading for living. That's my dream. It's always motivated me to doing better, more practice and making regularly evaluation for my trades. Anyone here using armada markets? They are currently the top forex broker for tick scalping EA's. Perfect trading conditions for scalpers because of the low spreads. -
So it is true that there is no way to eliminate the risk. We only can minimalize the risk by more discipline and better money management. Besides that better to get more understanding about the market it'self, so we are really understand about forex market.
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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
I agree with you , I am starting trading with free money. And I can made deposit in the broker that I am using right now was from my profit with free money. I did not continue in the previous broker because not complying with the systems of trading that I use. I am a scalper so I am using broker that offering a free scalp. -
We can get more than 100% a month or even a day... In forex trading thats is possible, but of course the risk will be more higher. For me get 20-30% each month is a great achievement, the most important is we can doing that consistent.
- 460 replies
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- Learning forex
- Should i trade in forex
- (and 4 more)
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It is not easy to get the convidence from investors. Nedd at least 6 month trading statement from the forex syndicate. But for me, I am still interesting to trade manual my self. So I'm risking my own funds and know the extent to which risk can be taken.