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sakai

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Everything posted by sakai

  1. sakai
    Most newbie gets a few fortunate investments and they think that the industry will always increase up so they spend everything in just one place, one hundred percent of the investment. The most mistakes that you can see with many newbie in forex trade, dealing couples that have a very high propagate. This is a dangerous error as it is almost difficult to revenue with foreign exchange that have a propagate above 15-20 pips.
  2. sakai
    It's better for only experienced traders and experts, because you can't depend only on robots. A trader should have knowledge about technical analysis because we should reset it software become suits with our trading style. We should know also, what indicator use in default setting.
  3. sakai
    Usually, demo account is used by newbie who tried trading platform in the first time, but forex expert used this too to test his new strategy. I think that demo account is a good way to test your broker terminal before you put your money.
  4. sakai
    I think that going for a real account is not advisable unless you have sufficient funds like five hundred dollars or more would be a reasonable amount, though you can make a few trades with just one hundred dollars, anything less isn't really enough.
  5. sakai
    Every trader must know that he or she must encounter losses but with good trading skills, he can minimize his loss and gain good profit. And also we don't have to equally give up when losing as we need to make sure we are making way by developing our skills and strategy to earn better.
  6. sakai
    I see that we should be realistic in our expectations and be prepared to do what it takes if we want to be successful. The learning process should not be rushed because we feel we want to jump in and start trading but rather when we see results in practice mode can we take the leap.
  7. sakai
    Usually the free deposit account on Forex Trading can not be used for the serious trading here. Because I never see real traders like to use that one here. So, in this way, it can be good only for small trader or people who want to learn trading Forex here
  8. sakai
    Just open some trades for long term if you want good and long profits, it may cause you loss too but trade small amount with big capital. forex can be good for long term investment. So i think that you should have acquired skills in forex trading already so that you can succeed in long term trading in forex.
  9. sakai
    Itsn’t all about your capital, you still profit need some good knowledge and also good intuition when we want to trade, but of course with a big amount of deposit we will have bigger chance to earn a big amount of money from forex and we could even triple the money we get from our trading.
  10. sakai
    Forex trading requires hard work and persistence indeed as one of the ingredients being successful as a trader. The same applies even for the people that might find it easier to understand forex trading because eventually you still have to apply that knowledge in to actual trades and put in the practice to get better at trading.
  11. sakai
    The advantage of figuring out these things by oneself is that they tend to stick better, and the trader understands the concepts better. Most of forex traders will go for live mentor. Live mentor is the one which will show me simple steps to trade. He will point out mistakes to me, why the online mentor will only be there.
  12. sakai
    Its all depends on your attitude. As theirs some who really trade in forex also and by sharing their experience and their strategy I can try to check it and use it and if I'm going to earn from it then I will going to keep it. My earnings in forex are all bases on the experience of other traders also who share their experience in forex forums.
  13. sakai
    I see that it is not easy at all to make money in forex trading easily. The best and the most important way to earn in forex is through complete forex learning and through continuous forex practice to make our trading skills are better and more better.
  14. sakai
    Well, we can reach profit faster rather than other online business like Mutual Fund investment or Stock, and you must know this field is high risk business which means it will offers us also high profit as reciprocal, and also it still useful if we use forex as our main job, since the earning here per month could be big enough.
  15. sakai
    I prefer to have a trading plan than go without. If you are not using a trading plan then how do you get to evaluate your progress with forex? It's easy to look at forex as losing and profit from analysis but a strategy helps you to progress because you are able to determine where you are going wrong and find ways to maximize your trades.
  16. sakai
    I see that the simplest way to earn money with forex is just to have good forex skills, because forex is such a business where only skills and education matters and nothing else will be taken into considerations. So here it is the place for only forex skilled people and it is really difficult for other people to sustain in this forex business.
  17. sakai
    There are some traders think that combined more than one pair is a bad thing to do, but i think people should know the condition of market, that is so bad if they don't even know and only stick with one pair of currency, focused to one pair currency is okay but you also need to see other currency pairs condition/movement, if you can trade aside from your pair currency that you choose right now, it will be good to move.
  18. sakai
    The right word actually is control, I mean with control our own greediness, we can feel not satisfy with our hard work but not become a greedy traders, i think you don't want to have stagnant profit, people want more and more but know the right to control that emotion will help us to become a better trader not become a greedy trader.
  19. sakai
    We have to find out in advance what the truth is forex before we jump to trade forex and use the huge investment because the forex world is the world of smart people who have a vast knowledge and always learn and learn again to earn a decent living, not just a me-too and want to quickly reap the benefits but do not know the risks that will happen.
  20. sakai
    I think that it's better to do trading yourself Instead of depositing all your confidence in Robot which can fail at anytime, because I have seen so many Robot disappointing people, Robot is just to support our trade or just to confirm signal and not what we should totally depend on.
  21. sakai
    Eliminating risk is something even specialists would never get to solve. Taking risk is part of life. To succeed in anything one just has to take the risk and with that every forex success likewise also requires risk even it is a slight one at that time. There is not way to eliminate risk completely and if you really want to eliminate the risk then there are some strategies like stop loss, cut profit strategies and many more it would be better to use those strategies to minimize the risk factors of the forex business.
  22. sakai
    The live mentor will be in the interest of the new forex trader because the interaction in this case is more conducive and the trader can actually view charts with full explanation and without internet hitches. Also the live mentor can be easily reached than the online mentor where a trader has to send emails.
  23. sakai
    Practice demo account will be really good and for gaining more and more knowledge about forex it's really good to have a better knowledge by being active in forex sections or forex forums actively participating will give you more knowledge. In my opinion forex is really a best place to earn money at the same time a very risky place to loss money.
  24. sakai
    I think that the idea of luck in forex trading should be ruled out by now simply because you cannot be guarantee if luck will be on side all the time so your profit is not always constant. To me forex education and experience are both essential tools need to be a successful trader.
  25. sakai
    Well, I am a swing trader and I also trade on intraday basis and considering the time I spend on this is not more than two hours a day on average. It is a known fact that some traders are scalpers and for such traders, they need more time to forecast on daily basis.
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