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Everything posted by Samar
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In forex trading brokers are very professional & they earn from our every trading whether it's profitable or loss, there is no excuse that forex trading is safer than any Hyip. 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 three days only one day lost most of them.
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Nothing like luck should come in here when it’s come to forex, a trader who is hoping to make profit from luck will end up loosing all its profits. There are times when I experience this. This is when I trade aggressively and will not put SL in my trade. I know that the market will agree with me and I did not close the trade even though I have lost much already.
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How Long Do you spend in Trading Fx Daily?
Samar replied to Aikhen's topic in Forex General Discussion
Well, about my own view I think that 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 -
Nothing to be thinking of having talent or whatever because, everyone has capability to do it although, not that enough to become successful in Forex. Yet, we have this hidden gift that we will need and take advantage in forex trading that includes those patience and confidence. And other else will be easy to acquire.
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Not having a described strategy, inside of each software system is the part of a technique or several techniques. A technique is a comprehensive instruction on what courses you on how to get into your investments. Most of newbie do not even have a dealing plan. I truly cannot comprehend why investors just leap into dealing without having a strategy.
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We have to spend monthly cost on robots and if you are not getting profits when robot uses stop loss, all your investment will be not benefiting you. Robot is always good for beginners in forex world but not a must. I think its better to trade manually even if we lost but it will be our learning.
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Importance of Demo Account/virtual account in Forex
Samar replied to abdulla1's topic in Forex Newbies
I think we need patience to learn with demo also because when here trading with virtual money. Still I trade in demo to test my newly invented strategies which sometime really help me before used in real account. It is important not only for beginner traders but for senior traders and expert traders too.- 751 replies
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- forex virtual account
- forex demo account
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Demo and fun money is the same thing and should never be the basis on which you decide to start trying something for real exactly. Thinking of the demo account as real may be helpful but only for a minority of traders and even they will often make occasional slips where they retain their consciousness about the virtual money involved.
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Evaluation can be a good and powerful thing for us, sometimes trader evaluate their trading system and their trading strategy after they don't trade forex usually in Sunday, and I agree with you that it is better if we look back and see what wrong and then fix it, because we need to loss so we gain also some experience from it
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If you find that the data near you is too much to deal with, then take a position up, move out, and take a break. Then, returning up a few actions and go to a position in the procedure where you experience. Put your feelings at the entrance. Currency trading is about systematic research of the market styles, not about looking for the next hot business.
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What do you think about free deposit from broker promotion?
Samar replied to kaito kid's topic in Forex Newbies
With the bonus to trade real forex, we are ready to use our investments. It's an opportunity to trade in the real account without using your own money. Sometimes that is helpful for traders who want to trade in forex, especially for newbie -
I will be happy if i can find at least online mentor. I used to have an online mentor but we have stopped this online mentoring so i am back to learning it myself. It’s true that it's not easy to find out mentor, no matter offline mentor or online mentor, in forex trading. Not all people could find it out.
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There are so many traders are trading in forex, so there should be all kind of traders in market. There's no need to be all of them because for sure what's the goal of traders is their availability and advantage in forex trading. As we know, that we have different strategies that applies in different types of traders.
- 336 replies
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- long term forex trading
- risk in forex investment
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Is it advisable to trade on all currency pair as a newbie?
Samar replied to flybiz08's topic in Forex Newbies
I think that We should done in demo trading the familiarization of the different pairs and to know the difference of the market they have and how to deal with the different market sessions to therefore, fully understand and better trading analysis. Meanwhile, about the simultaneous trading I think it's up to us already and this is mainly because we have our own decisions. -
We need to invest over $1000 for stay some period even in very difficult and hard time. So we have some time for judge them and looking for some great exchanging offer. We need to remember that best offer can make in sch certain time or any sort time.
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I see that demo trading is really a very good place to have a good practice for forex and there are many expert traders who started there forex carrier with the help of demo trading and finally they are earning a very decent income with forex now. So I am dam sure that demo trading will really help us to have a good practice for forex.
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If we opened position in demo account and that is good, we will know it was good after the price is moving right, so how could we open position in real account if we don't know that is good position. Forex robot could be used well if the users are people who knew about trading well.
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Forex forum Do you think forex forums can improve my trading skills?
Samar replied to flybiz08's topic in Forex Newbies
For me I see that Forex forums are advantageous for a forex trader and more especially for newbie's. We tend to gain advise on when to trade, how to trade and what pair to trade at a particular. Forex forum is really helpful but practical makes us perfect.- 456 replies
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- importances
- added advantage
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There is no other ways and means to learn forex trading but in demo account. I do earn and I do make good profit in forex thanks to demo account as the more I spend learning in demo account the more I trade accurately in real account. Sometimes we need to trust our instinct also and we can only build our instinct if we have good solid learning in demo account.
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Only to those who are expert with trading. In terms they can minimize the lost a lot and always keep their mind cool in trading. It can be as long as we can have a stable and sufficient income to our live forex and can continue to continue his income from our trading system.
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There’s nothing easy way in forex trading. Though, we will feel enjoyment and happiness once we have our profits and consistently making it with lesser losses. We need a lot of thing to accomplish if we want to earn money in forex, especially if we want to earn big amount of money per month.
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Simply trading is the simplest way, if you want to earn you must trading if not then you won't get anything from forex. And of course to do trading you need some knowledge and experience. If you don't have I am not sure you can earn in forex, what will happen to you are you will end up losing your money.
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I see that it's related to your style in trading or what type of trader you are or you prefer. We can trade weekly or we can trade daily. But most often traders need to monitor the market thus, they usually active or do trade or analyze the market daily to know it's a chance to have profits for some trades. Day trading or scalping can mean that we are aiming for daily profits and fast profits.
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Well, forex trading and gambling never be the same because in forex trading you stand a good chance to make profit if you really learn a lot about this business meanwhile in gambling no matter the level of the learning process which you may undergo your whole earning will still be base on luck.
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Is it advisable to trade on all currency pair as a newbie?
Samar replied to flybiz08's topic in Forex Newbies
Well, I see that if the goal is learning, it doesn't matter as far as newbie trading in demo account only. but it will only waste the newbie time in learning and in this case, better newbie choose one pair only and stick to learning with it till understand the habit before jump to another pair.