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Everything posted by Samar
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It's clearly that robot can't think by itself also It make not good result for traders who using robot much same as they expect. The important thing as expert traders only can use robot because since happen market tide change they can stop robot and make money by their skill. It's a commonly the disadvantage of a robot but then why they have robot if it will not going to have a good result and why it is created wherein some traders pays for it.
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Clearly if you are a newbie in Forex world, demo account is the one you should go for. Some will not agree with this statement and prefer that going with real account is better but it exposes the new Forex trader to more loss and less profit and he may quit Forex before gaining anything in it.
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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
Of curse, Forex forums are a great way to learn and continually learn about forex and different trading strategies. They also serve as a great motivational tool for so many traders. The downside of it is sometimes, we new traders get to learn so many new techniques that one becomes confused as to which is right.- 456 replies
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- importances
- added advantage
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Displayed Username : Samar Amount To Request (DMT points) : 180 Payment option PM ID : U4061734 Thank you very much Admin.
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I see that we can also apply the wisdom that has been used in hyip to forex and this is "Invest only what you can afford to loss". Remember that forex is an investment and in an investment there is a risk. So start only in what you can afford and increase it if you have more.
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I don’t think so. You will always come up with that if you don't know what you are doing because just like gambling you are just relying on luck, and not to your skills. The best thing you can do is to trade using a demo account because forex trading is not a gambling.
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I see that there are many mistakes belong to Newbie. One of those mistakes, 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.
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Actually it is not a rule. but in start there were always a chance that you will lose, because of your nervousness of entering first time, but its not essential that you will lose money on first time maybe you will earn some good profit but most important is that how to continue this.
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About me, I prefer to open a online currency dealing trial account with any broker and plunge into the world of exclusive dealing, which will become your learning base for the next several months. That will get you with less risks I think.
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There are many risks that can be mitigated to a point where they are insignificant, but never totally eliminated. You can never run from commodity price risk, which is the classic problem with forex trading, that's the basic risk you are taking when buying any asset on the market, but what one can do is either manage it, mitigate it, or transfer it somewhere else.
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if a trader trade just with luck his trading life will be very short. We always need a stable strategy which can help us to make a living with forex. that is why the first step is education and then experience and when you have enough experience then the skills will get improved.
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It's so puzzling but for me I will prefer forex. But I really need to learn about it because I have no experience on it, the reason I prefer forex that you control your earning by your self and safe. Not like HYIP that is very risky way and the site you use me turn scam at any time without any notifications.
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I can say that forex is easy while hard too at the same time, easy because in fact that is easy to earn in forex, you just need to sell and buy which currency that you think have a good conversion and hard because we need to know the right time to sold that things.
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how many ways i can invest liberty reserve money?
Samar replied to cesperlight's topic in Forex Newbies
maybe you can try to do business in forex trading because this business is great fun but you have to eliminate the nature of betting against your money first because forex is not a gambling but this is business and you have to have the knowledge to earn huge amounts. -
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 to answer questions.
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To achieve the target profit per month is required to have a large capital so that the target can be realized. But not only capital but how that we do not experience a loss so our monthly profit target can be achieved, and therefore we have to really know and understand how to implement trading strategies.
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Well, i usually follow and put the money to the professional and proven traders who have good plans and strategies in Forex trading here. This way is much better than to trade forex on my own. But I still have to learn more and more to be able to depend on myself.
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About robots disadvantages, robot is very expensive and also it also has expire date to use. Maybe in 3 months we can get profits, but after that when market goes in other way, robot can't predict the right condition to open trade. Then you almost will lose.
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What do you think about free deposit from broker promotion?
Samar replied to kaito kid's topic in Forex Newbies
Clearly free no deposit bonus is really useful. Especially for beginner who need practice in real account without necessary to worry about loosing money. for experienced trader, no deposit money bonus is opportunity to get income without necessary to spend their own money. -
Well, I have not tried using a demo account before nor I have tried real forex before. I read something about their difference though and it just not about the pressure alone. There are certain things that actually are different from the demo compared to the real forex account. But still pressure is one of the most.
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Importance of Demo Account/virtual account in Forex
Samar replied to abdulla1's topic in Forex Newbies
well, I think that demo account is a good way to test your broker terminal before you put your money. Select the leverage and the balance in the demo account similar to the actual amount you are going to invest in forex. So that you can access your progress.- 751 replies
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- forex virtual account
- forex demo account
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i think that Robot are good as they save your precious time for placing the orders and watching the market. But to be successful one should have good knowledge of forex and should apply whenever the true profit needed will come only when machine and mind work together in a smart way.
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for sure we can invest our funds in trading forex especially when you are such a good trader. 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, then you will have more chances of earning.
- 336 replies
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- long term forex trading
- risk in forex investment
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For sure forex can be a main job. But I would not recommend it for the newbie. 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. I still hole my present job as a translator because I still like my job.
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With the demo contest we can actually learn how to get the most profit using the strategy that we have and how we can prevent losses so that in the end when we had to start trading using a real account can be properly read price movement and establish the position of trade.