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Decub

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Everything posted by Decub

  1. That's on point though. The Euro is seen as one of the greatest currencies considering a lot of factors and most times also, newbies are encouraged to start up with it since it is a currency that is widely traded and which they can easily learn to follow through the Demo account.
  2. Trading via mobile is a nice way to trade on the go. It helps you also monitor your trades on the go without getting fixed to your computer system and that is one thing that can give anyone the chance to get all that he desires even while doing some other jobs or businesses.
  3. How to study forex is more of knowing how you yourself can learn of ways to make it work for you. The only time for you to make it well is when you can learn judiciously and also focus more on your ability to understand what it takes for one to be able to get all that which he desires to get so far as forex as a business is concerned.
  4. We make mistakes so we can learn from them and if a trader makes mistakes without having anything to show for it, then it becomes a problem and if you are the type that can learn a lot with each mistake, then the bottomline is that you will end up minimizing to a great extent, the chances of losing and make the best from the market.
  5. Videos are good ways to learn because it more like provides you an interactive environment where you can learn from those who have more knowledge than you do and who understand the business much more than you do too. Once you are able to get a good tutor who can put you through, then you are as well good to go.
  6. Long term trading has its own advantage and those who also endulge in it have their reasons and that is basically because they know-how to trade long term. It is a place where you have different ways of trading and you can learn an entirely new strategy you are ready to stick to or remain in an already existing one.
  7. But it's also not that easy to get the best mentor we desire especially when it has to do with things online because a lot of people claim what they are not and become what they cannot be online. That is also the reason I think the only mentor lies in ourselves and being able to learn well in our own way.
  8. I think it's a matter of getting back something out of your trade or investment not minding if you lost or gained. It is a matter of knowing that your broker gives you a certain percentage back even though you lost out and that helps you get back on track sometimes and also makes you feel lesser pains of the outcome of your negative trades.
  9. Even till now, I have and will still do. I have never taken Forex as my sole business since I would rather see it as a business that needs a back up if one doesn't want to be caught in the wrong end of it. I also see it as a place that requires some cool money and not a place where you put in your whole risk into.
  10. Being a gangster or not has nothing to do with the business. Those who also feel they have that swag and want to be gangsters may have little or no reason to trade in Forex because they will end up gambling in it and it is even the more reason certain people lose from Forex and why some others find it difficult to excel in _it.
  11. If you have the knowledge to make that a reality, then it's good to compound and when that knowledge is lacking, then it's better for you to withdraw your profits before you lose everything. Compounding favours those who have some adequate knowledge to also withstand it because you can't compound when you are lacking in knowledge and find it difficult to understand what forex even offers.
  12. Even though it is very possible, the trader should also know that investing in forex forms an integral part of earning. It is in the best interest of the trader to look at a way of putting up an investment as a way to get more from forex because when you invest, it means you are committing something into forex that can make you become even more serious in it.
  13. Here, you don't need to do anything on your own part and you also don't need to worry about making analysis. The host trader is the one who takes his time to do whatever that needs to be done in other to earn and what the other trader does is simply copy from the strategy and set his own trade in the same way the host trader has and if he earns, you earn and vice versa.
  14. Forex requires commitment. There are those who see it as hard work while there are those who see it as something you can only earn from when you are ready to put in your best to learn how to trade in it because there is never anyone who gets the best from forex just by observing it. You work hard towards it.
  15. No matter what anyone tends to tell us, Forex is a risky business. It is never easy for anyone to just analyze and the market bends to his analysis. It's a place where certain times, you discover that the market tilts completely different from what you expected it to be and you yourself will even be surprised how you lost.
  16. For an average newbie, that is always the question, meanwhile, it is far from what they should ask. It is not about how much you should invest but about how much knowledge you have that is good enough for you to start trading in the Markets because it is the degree of knowledge you have that has an effect to what you will earn after all.
  17. Sooner or later, even a newbie will understand the importance of concentrating in Forex. I mean, it is something that you don't need to run away from because you must put your time in it and have that focus in getting the best off it especially when you are making your trading analysis. That is one of the things that can make you what you want to be.
  18. I don't see it as a fear thing rather, as a knowledge thing. In the broadest imagination, people don't trade a particular time frame for fun, they do it because of the type of knowledge they have and there are so many who trade H4 and survive it the same way others will trade very short time frames like the M5.
  19. I don't think so because comparison is a way you can have a picture of what different brokers offer at a glance and this comparison can also help you to make your choice without visiting the broker site to seek such information. I personally do not see anything bad in it.
  20. Forex is not only seen as a part time job since there are those who use it as their main job. It is a main job to a lot of people and it is also a type of thing that keeps certain people going. As a matter of fact, there are some who do nothing but trade in the markets and they have no regrets for doing so.
  21. No matter how we tend to look at it, having a good control over what we desire to earn from Forex is good because if we can control our greed, then we can beat our chest and say that at least, we won't be tempted into losses which we would have prevented in a long run because greed leads us to preventable losses.
  22. It's a free world and It's a free place to invest. It is left for you to know what you want to invest and what you want to get. It is also a matter of knowing how best to know what it is that is your tolerant level. There are certain people who can invest a thousand dollars and even though they lose it, it doesn't seem to them as though it is a loss since they have enough.
  23. I also think it's wise to add that an average newbie should look at Forex as a long term business thing. It is not a place for short term or where you expect riches in a very short period of time. The hidden truth remains that you need to learn how best to understand Forex and it doesn't matter how many times you are losing at the beginning as the most important is what you have in a longer run.
  24. There are certain newbies who base their reason for joining Forrx on this. As a matter of fact, they only see Forex as a place where they have to rely on the amount the other trader earns as a way they themselves can also earn and that is one thing that can make a trader become the type of trader he wants to be.
  25. I think also that half baked knowledge could be so dangerous and misleading.There are those who go into Forex with little or no knowledge of how to trade in it or how to even become a trader with success at heart. Forex is a place where you need to learn how to understand the business well enough in other to make the best off it and make it something you can be proud of.
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