Exchange Blog Cryptocurrency Blog
-
Posts
267 -
Joined
-
Last visited
Everything posted by sakai
-
What do you think about free deposit from broker promotion?
sakai replied to kaito kid's topic in Forex Newbies
Deposit bonus for a newbie to start with is good enough to open a real account with them so that they can understand, comprehend and get enough flying hours in order to control and psychological control when they are under pressure. Because of the presence of their deposit bonus will be more confident to start using capital deposit. -
Emotions can really be your worst nightmare if you don't handle them well because they might end up influencing your trades for the negative resulting in losses in the process. It's rather important for traders to learn how to keep them in check right from the beginning and practice doing so.
-
It will be better if you will lose in a demo account. This way, there will really be no losses but only gains. You gain in experience on how to assess situations and how to act when face with a problem. It also helps to lose in real trading, but the pain in losing will be lesser in a demo account.
-
I see that as a beginner in forex, it is necessary for them to realize the difference between demo account and real account, we should know that when we trade in demo account, the money we used is just virtual money, it is not real money, and it is totally different with real account.
-
Importance of Demo Account/virtual account in Forex
sakai replied to abdulla1's topic in Forex Newbies
Demo account is made for practice session. If any newcomer will come into this world then this demo should help to make some decision. We can found some protected data that can't use in this demo. Basically it's use for purchase and sale or any exchange. If any member can make good profit then sometime, some company announce some benefit or deposit bonus.- 751 replies
-
- forex virtual account
- forex demo account
- (and 7 more)
-
In trading with robot you have to first choose a good robot system and the monthly expense is there to be paid. It will leave you short on profit even if the robot is doing well for you. It is better to have trade manually and suffer some loss instead of paying fees. Robot just recommend for trader which do not have many spare time to trade, so expert advisor could be their alternative way, but if the beginner trader then they just foolish their self.
-
I would just to warn you of following specialists blindly, this one has murdered many investors. I am familiar with many investors that have packed up on a business because a so known as expert will say this couple is going to this stage. Understand a program and never be a fan. You alone are accountable for your investments and you alone must create dealing choices. However we all need to be inhibited and pointed by others.
-
Yea, this is the true in forex because there is a great potential to make good earnings from trading and the fact that this is the case means that the risk potential is also very high. If this wasn't the case then a lot more traders would be very rich from trading in forex.
-
It's good to have a bot if you are newbie. But you must try to take note on the indicators. Take note on the behavior of the bot. How its trade how it's earn, How its make mistake. In this way you will learn how to trade. Adopt how the bot trade. If it's earning do what it does if it's losing try to find way to make earning out.
-
It's known that full-time trader usually have better skill rather than others, which already think that trading become the part of their life or as their jobs, and if they truly want to make forex as their main job I think they should have good skill and the only way to attain that kind of skill people need to have more experience in trading aside from talent.
-
Do you think compounding is important?
sakai replied to andry777's topic in Forex General Discussion
About me, I see that huge capitals didn't guarantee you to gain huge profits but your good analysis that will more determining it. But higher capitals will give you more profits in dollars and sometimes it will be safer to use higher capitals because it can hold more pips when it was floating so it is possible to hold our account when there are high pips of floating minus. -
Clearly the word doesn't be satisfied with what you got an encouraging one is. It means we shouldn't be giving up on becoming a better and better trader everyday. Even when we think we have gotten to the climax of learning we shouldn't ever stop from learning to earn more.
-
I tried both hyips and forex also and still trading but it's very hard to continue win trade here and there is some days that we win 4 days only one day lost most of them. Anyway some hyips really good which are paying from years but forex is best for me because here has freedom and always know about our money.
-
I tried both hyips and forex also and still trading but it's very hard to continue win trade here and there is some days that we win 4 days only one day lost most of them. Anyway some hyips really good which are paying from years but forex is best for me because here has freedom and always know about our money.
-
I don't do with luck what I normally do is to try my possible best and trade with experience through this means I will always be able to trade profitably and make some good analysis hence make proper income out of the market. It is true that luck can make a game and can spoil it at other time, but we always can not rely on luck alone or luck is going to always turn our wrong deeds in good, so those are our skills that really matter in long run.
-
How Long Do you spend in Trading Fx Daily?
sakai replied to Aikhen's topic in Forex General Discussion
From 4-6 hours in a day is really good time I think. Actually if we have time frame than sometime need less time but there is some day when need more time because of markets less time. One thing is that as a newbie if we able to spend more time than it will give us more experience. -
There are individuals that are born with the ability to comprehend things easier, they do better in school and work and are so quick to understand things. When it comes to forex they can learn forex faster but that alone won't make them good traders. They still need to apply all that they have learnt to trade
-
Well, if we want to do long-term investment, we must have the preparation and plan well in advance and all that takes time and a process to make forex as investment business for the long term without having the knowledge and experience we just keep making forex.
- 336 replies
-
- long term forex trading
- risk in forex investment
- (and 6 more)
-
Well, if you don't know what will be the outcome then you are gambling with your money, because this is clearly a sign that you don't do any analysis. But if you do analysis you will know that the price is going to go up or going to go down and that's the reason why you going to open a position since you going to ride along with the current price range.
-
Forex forum Do you think forex forums can improve my trading skills?
sakai replied to flybiz08's topic in Forex Newbies
About my own view, whenever you get a group of people discussing and sharing ideas on the same topic you are bound to learn something out of the entire conversations. There is a mixture of people from the forex trading world with vast trading experiences in between them.- 456 replies
-
- importances
- added advantage
- (and 7 more)
-
Well, there are some forex sites which provide insurance about forex risk and how much you want cover they will decrees roi as compare of that. I didn't remember the exact name of site because I didn't show interest at that time maybe because minimum of site is high. I have to search again for that.
-
About Robots disadvantages, robot forex also won't help us a lot in this business for long-term because we only stuck with programmed robot and doesn't learn what exactly forex is it. I recommend not depending a lot on robots anyway.
-
We have to keep in mind that forex is an unpredictable market and there is never a chance to earn profits on regular basis. So taking forex as a full time job can be risky as there will be times when you will be in a loss rather than in profits in several times and taking forex as the only income source can be dangerous.