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Decub
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Everything posted by Decub
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Earning big has always been the dream of most traders. There are quite a lot of traders who want to have something to prove that they are trading in an internationally recognized business. When investing in Forex, we should try as much to spell out what we want from the business and how we want to get things done.
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You can say that again. Psychology is a very important virtue even though there are quite uncountable number of traders who neglect that. The psychology a trader has has a lot to do with his success as well because sometimes, humans are just what they think they are. It is always better to stay fit and also stay afloat when it comes to learning.
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@stekin, well, not always. There are brokers who have achieved something reasonable over a period of time. They have been in this business for so long and they posses the skills as well. These set of brokers tend to attract the attention of traders even more.
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They say the psychology a trader has goes a long way to determine what he shall become. Psychology also plays a great role in Forex and most importantly, to the newbies. They are those who always run into the temptation of quiting with the slightest loss. It is with a positive psychology only can they survive the heat.
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Passion is always the key to surviving any business.. A trader who feels Forex is a hard work can help himself out by growing passion for it. That is the only way to remain positive in trading without the side feelings about how difficult it is and how hard it will be for someone to make it with Forex.
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How Long Do you spend in Trading Fx Daily?
Decub replied to Aikhen's topic in Forex General Discussion
That is quite the beauty of it as it doesn't really lie in wasting the whole time that one has trying to focus your retina on PC. You can make money and a decent one at that by simply trading very few hours daily. There are also others who's got a lot of time to their credit, these set of people can go ahead and spend more time. -
Did Greed for Trading More Return Loss for you?
Decub replied to kiranchandra's topic in Forex General Discussion
I guess you are right. It's a mind thing and the trader can decide to overcome it. Greed can return losses only when we allow it to overrule us. Traders have a choice to be controlled by emotions such as greed and also not to be. It is he who has the final say when it comes to doing such business. -
I'm also considering freshforex since from the review I ran about them, they offer some good services as brokers. I recently got in with them because of the bonus they are offering and I will try to make something good out of it by trading with them to see how their services are.
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SOMETHING THAT I HAVE BEEN FOR YEARS IN FOREX TRADING.
Decub replied to asiaforexmentor's topic in Forex General Discussion
There's also the need to remain consistent. It is not mainly about saying or thinking you would be learning as you trade but also to remain steadfast and committed. That is the only way a trader who wants to make profit would make profit. It is the main brain behind success. -
Did you broker provide transparant real PAMM account
Decub replied to TenkoFx's topic in Forex General Discussion
Well, if a manager doesn't share those information that I think would make him sell, then he would find it very difficult getting investors. No body wants to invest in failure and in other not to get trapped, the best is to air the best of you and expect investors to come in. -
soo many brokers, and I want to pick one :)
Decub replied to Sara888's topic in Forex General Discussion
There are also some new ones that are on my own line up. I think the issue more condition which would lead some traders to having some of those accounts is because of the free offerings they are giving. There are a lot of ways you can make or raise some good start up capital without depositing. -
Practicing and trading in Forex is the key to earn. The more knowledge we have about the market, the more we are going to make something good out of Forex. The business is such that you can only make some good capital only when you have gotten a good knowledge of Forex.
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Welcome bonus by brokers - Make guaranted money
Decub replied to yogeshwartyagi's topic in Forex Newbies
Welcome bonus are morale boosters. They help you to trade and to start up something very reasonable. As a trader who wants to trade without any form of capital, welcome bonuses helps you get in without necessarily spending your own hard earned capital. It brings you to the business when you don't have the money to start up. -
Importance of Demo Account/virtual account in Forex
Decub replied to abdulla1's topic in Forex Newbies
And also develop himself when it comes to learning. Forex is a business the trader should have something to show in other to make profit from it. There is really no way you can make money trading in the business when you don't build a kind of empire around your strategy, that is one of the things the Demo account offers.- 751 replies
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- forex virtual account
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In some brokers, once you create an account, one of the welcome information is about the free Demo account the broker offers. This is always the landing page for some brokers and with a link to make the download as well. That way, the trader can just start up there.
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Consistency is quite fine because a consistent trader would understand and learn more. The more consistent you are, the more knowledge about the business you tend to have. This is because each and everyday you access the market shows you something you never knew.
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Newbies also make the mistakes of emotion. Well, to a great extent, I wouldn't call it a mistake since it is something that affects almost all humans. Virtually everyone makes mistakes and we can't deny the fact that for you to trade, there might be times you just have to flop.
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@gaban, sure, it also depends on the trader. A trader who takes Forex as his only business might just have the need to always trade. That however, doesn't mean that traders who don't have any other thing to do must be on the charts but it depends also on the trader's strategy and way of trading.
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@budado, that is just the fact. The air we breathe, there is risk in it so the most important thing is for the trader to take calculated risks. Once you know what you want, define your goals and you will be surprised how they will come to pass. The most important of all is to have a plan and have the skills.
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Yes, I wish he comes online and see it. Well, I think the admin must be a very busy one because I seldom see him online and I don't think he is such who frequents the forum that much. I'm thinking that we might even request when he is online.
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Somehow, it is useful since it is something that gives you a chance to earn even when you are off. It is also dangerous to use when you don't have good trading skills to manage it well. Robot trading is quite a different ball game when it comes to earning with it. It is not like you have an assurance it's gonna perform creditably well.
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Sure, it is also the hard work that overcomes the hard nature of it. Forex isn't easy and that is something to behold. Perhaps we can say that the business is one that you can lose from at ease and that is the more reason anyone who wants to trade in Forex should be extremely careful when handling it. That is what makes it one which is delicate.
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"Experience" How much important for trading ?
Decub replied to mirna ahmed's topic in Forex General Discussion
When a trader is trading without knowledge,, he is on a fast track digging his own grave because it makes it very difficult for him to survive in it. Maybe knowledge here would serve you and make you earn few pips some time, maybe most times but when it comes to the experience which you have, it gives you more of the edge. -
That is the more reason it is nice enough for any trader in Forex to first of all, consider his capabilities before thinking of joining Forex. Forex is not a place for those who just want to trade and who are not really set for business. It is a place where the traders need to be prepared for it before they do.