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Samar

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Everything posted by Samar

  1. Minimize the risk is one of the good way for traders to gain more income from what they spend here, that is good way too but I think people need to control their own emotion too, since that is one of the thing that have some part in our forex trading, I already see many greedy traders fails their investors. And simplest way I think by keep focus.
  2. I see that open position everyday or not is depend on every traders trading style. For scalper and day trader, they will make order and then close the order in the same day. So for scalper and day trader, they will make order every single day. But for swing trader or position trader, they will not open order everyday because the main purpose is capture major trend.
  3. Simply forex trading isn't gambling. We should learn forex trading system that will be used to benefit first because if we do not have any knowledge in the course, we will only risk the amount of money we are relying on luck only and luck will not last forever we can have because we do not have the knowledge.
  4. We will see that major pairs as traded by many traders. This is no surprise because; everybody wanted to have volatile pairs that will be having their trading worked. I don't think they can't target of 100 pips or more in a non volatile pair in a short period of time or to do scalping in those not volatile pairs. So, it's technically peculiar to the traders to have this strategy.
  5. It is depend on the person who want to trading here, but for now i can make about $40 investment in forex, actually the total of my investment since the first time i trade forex is much, and until now i am still not in profit, and still strugling to reach that amount, but for many big traded i think it will be more than mine.
  6. I see that there will always be that element of risk as we are dealing with unknown factors that are influencing currencies. If forex were to have limited risk then it would surely be quite easy to trade and there offer lower potential for profits in the process. All that we strive to do as traders is to try and minimize losses by preparing ourselves.
  7. I don't trust on trading robots much as I am well trained to trade in forex manually. Forex robots has the major disadvantage over manual trading in the sense that it does not help the trader get used to trading as all the trades are manually carried off by the trading robot making the trader novice to technicalities of forex.
  8. To play forex is not a job that is required to be done especially when we already have a job that does not abandon us, and therefore I do when forex trading free time when it was completed all the work, especially when we use SL strategy, which means we can do other work while doing trade.
  9. We should have our target plan and not to cross the line in order to not be greedy. Though, greed is not always endanger our account but also it can be a way to make profits and to have some confident if we know how to handle our trading and still consider the risks and understand how to trade with it. People or trader definitely will not satisfy and will have improvements so, it's not only greed.
  10. Hyips which may get scam even if a hyip makes good profit in trading but admin runs with funds. Both of them are risky. The difference is forex more complicated and much knowledge we need to become success in forex, while in hyip we only recognize which hyip that scam and which is last long.
  11. Every thing is going to be about education and experience. That's why I always do research daily and that's why I always do trade daily in this way I can increase my knowledge and gain experience each day. I hope I can make good income on regular basis. This is my goal in life.
  12. I hardly spend 2-3 hours monitoring forex markets however I do trade 24 hours a day. My strategy includes taking a position using technical indicators and trend and leaving it until it doesn't hit my TP. In this way I don't have to keep monitoring it every time. Once my TP is hit, I opt for a new position.
  13. I see that it all came back again to the gods that govern our sustenance but if not try how can these blessings will come to us, and therefore is in the forex trading in the beginning will always fail, and will make us feel frustrated due to the loss but if we have a sense of optimistic and always looking forward in studying the trade stage is not impossible.
  14. Actually I don't prefer allowing a robot to take control of our trading account and toy with our money, no matter how good the brand is, I prefer to trade forex by myself, its better that way. Allowing robot to do our trading for us will make us lazy to start trading, and can limit our knowledge of forex too. I prefer trading forex with my hands rather than some robots to do it.
  15. For sure the simulation via a demo account in forex important but when I tried it, I did not find a sense of greed, emotion, or any other ugly trait. But the advantage of the demo account is that we know how to trade in forex, and we can make the strategy here but may be difficult for beginners.
  16. I believe that demo is a good option for a newbie to learn about forex at the initial stage. In case of not having any information about forex it helps the users who know about the forex importantly give awareness that how to handle the situation and currency fluctuations.
  17. It is losses that that spur that inner desire to make it in forex trading. Forex at a glance for every newbie is an easy opportunity to make money but in the end, the new trader will understand that it is not easy to let the wins overcome the losses. Taking losses is also one way to motivate a trader.
  18. We will overcome all the problems that will occur in our trade, and it would prove to be very effective to make us better and indeed we will have to start a lot of pressure and failure because we are still in the process of finding out how good trading and as the time goes we will find a way to overcome all these pressures and how to avoid failure because we already have experience with it.
  19. Free deposits really help many of the traders to earn. We can see many of the investors will be trading with this deposits came from promotions and that is creating an opportunity for many traders to try forex and many are earning a good income with that bonus they are getting, they are making profits and withdrawing them
  20. We have to be sure that at the end of that we will able to find our own strategy not just merely copying their strategies wherein we might not understand well how its work and if it is suitable in our trades. So the important things we learned in live and mentor should be working together as it will be better for our trades.
  21. Forex is good for investments but I hope I can make good income in here passively. I know many of us do not want to try forex as it's very risky. And the reason why so many who tried forex loss their account it's because it’s really risky and in fact forex is not even consider an investment tool rather a speculative market.
  22. I think that having the different business here will still need to have different things to deal with. There's no thing that it's faster in one business because, all of it has the risks which we can have gain profits or to have losses. So need to think carefully before making it as the main job.
  23. Controlling the emotions is the most important key after adequate knowledge to successful forex trading. Another reason why I feel demo accounts perform better is because people has high amount to trade with in their demo account compared with the real account. It will be easier to risk more amounts and enter some markets that are very wide.
  24. Actually even the good traders sometimes have confusing dealing systems. Trading is difficult enough to comprehend as it is. Do not make it difficult to comprehend by using a complicated program that would difficult even for the most achieved investors. Do yourself a benefit and keep it easy.
  25. That's right especially for newbie who are getting the hang of forex trading and don't need to use their own money at this stage because they are still learning. The bonus will surely come in handy. I just love the fact that our knowledge about forex does increase and we get to learn different things everyday from the discussions.
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