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Decub

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Everything posted by Decub

  1. Decub
    One of the things a newbie should realize is that in Forex, there are tendencies to get scammed. Why the newbies are much prone to it is because they know little or nothing when it comes to how to manage their trading accounts or how to control their actions. Being aware of this is a first step to caution and a way the trader can make money from Forex.
  2. Decub
    Well, trading in the Demo account isn't by any chance a must to anyone who is either new in Forex or who has spent some time in the business. It is the trader that decides on the best way for him to learn but in the same vein, it is the best way to learn and a sure way the trader can trade without thinking much of losses or losing out.
  3. Decub
    Mentors can also take you to the world of Forex so fast than you ordinarily would have achieved. It is the dream of everyone to have a mentor who will always teach him but they ate very difficult to find. Perhaps those online mentors can be found from YouTube but the fact is that anyone can claim anything in the internet.
  4. Decub
    Newbies should always be cautious of the type of leverage they choose because a high leverage looks so sweet but in the real sense, it is a killer when it comes to what the trader would lose when he has a failed trade. Choosing a right leverage system that is moderate gives you profit when you trade well and minimizes the chances of you losing.
  5. Decub
    Though long term trading is the best for newbies but in most cases, a lot of them are always tempted to trade short term. They see it as a faster means to make money from Forex and if it is so, why not, they just have to play around it and make money. That is basically what leads some of them to stack failure and subsequent loss of their account.
  6. Decub
    This greed is governed by the motive that brought them into Forex in the first place. There are traders who are just so concerned about how much they can make from Forex and the amount they can crave from it. Forex isn't always a business that you must achieve all that you've ever dreamt of because there are days when you lose and there ate days when you make profit too.
  7. Decub
    The newbie doesn't even have anyone that he would be responsible to and that means he doesn't have any hindrance of how long to trade in the Demo. He can do it for as long as he desires and nothing would happen. It's a free place and he can take advantage of it anytime any day.
  8. Decub
    I have always said it that though Forex is a business that is open to all, it is not meant for all. There are more things that Forex needs beside just the basic knowledge of trading which so many people lack. The business is such that you have to trade in it with patience and determination and it is something so many people lack.
  9. Decub
    I don't trade with a lot of capital but what I try to do is that at any point in time, I also try to increase the base of my capital. I prefer to always add back whatever profit I've made in Forex rather than withdrawing it and by so doing, I will always have some good base of capital in the end of the day.
  10. Decub
    Though earning is real in Forex, it is not easy. Making money also in Forex isn't something that is so easy. The trader needs a lot of patience to start cashing in those profit and there is no way he can achieve success in Forex within a twinkle of an eye. Forex is a business that you don't need to rush through the profit making stage.
  11. Decub
    Not bad to come as an intermediary between them because I can say I have long passed that level where them whole thing seem strange to me. These days, I really take the market as still a normal business that has potentials for either profit or loss for the trader.
  12. Decub
    Forex has come to be a business where the trader might worry less about such things like gangster or something because it is one place you simply need to verify your account if you must take a full advantage of the benefits it brings. Those who feel they got something to hide wouldn't have a way to prove their identity.
  13. Decub
    @standart, sure. One thing is to make a trading plan for yourself and another is to stick to plan and trade that way. It doesn't lie in just making a trading plan but the ability to trade according to plan too. Having a very good and working plan is quite good but more important is to have a better discipline to stick to it.
  14. Decub
    Sometimes, it doesn't really lie much about understanding the full meaning of Forex or something but understanding the principles of Forex. Forex is not just about a business that you can learn just the theories and the profit keeps flowing in but also the practical part of it. It is when the trader knows how to trade that he can defend himself by virtue of earning.
  15. Decub
    Day trading provides the trader a faster means of cashing in on profit and making money from Forex. It is a means of trading where you don't have to bother yourself about some floating position or your open trades. The day trader does everything and makes sure he concludes his trade within the day without letting it slip over the following day.
  16. Decub
    @Rexway without mincing words, that is exactly what so many newbies think. Trading in Forex is not something that means automatic money flowing into your account. Forex as a business is something that you wait on and also wait for in other to make profit from it. Removing your mindset entirely that it is a place the trader can make quick profit is a sure way to overcome the ill side of it and remain focused.
  17. Decub
    @tray exactly. It is your skill and knowledge that plays the great role in the quest for earning in Forex. No trader can make any money from Forex unless he is the type that works hard towards achieving his dreams. Forex is meant for those that are willing to take up the challenge and face the future of the business.
  18. Decub
    What makes a successful trader is his ability to push on. Failing in the Demo account sends a very wrong signal but it doesn't mean the trader wouldn't make it if he continues in a very positive manner towards that. It only needs him to remain focused and determined for success. The more the trader trades well, the better trader he makes.
  19. Decub
    The possibility is very much narrowed because Forex is not a place we can easily make profit, not to talk of making it on a daily basis. Forex isn't that easy and it also doesn't come that cheap. Forex is diffivult and that is a fact that we can't deny. It is one thing that the newbie should acknowledge first before he considers trading for a long time in Forex.
  20. Decub
    @waseem, sometimes, I feel we are simply exaggerating the potentials of Forex. The business is quite a very good one and a business that one can go in for and have a better earning from the internet. It is however the way we tend to hype the potentials that lead some traders especially the new ones into a lot of problem.
  21. Decub
    Description: Decub Amount: + 4.00 WMZ Date: 4/4/2014 1:14:30 PM From: Z1729******21 To: Z9833******26
  22. Decub
    One might not name them but I know there are uncountable number of them out there who see the business as such. They view Forex as a business that is nothing but gambling and in the same way and manner they can lose to gambling, they can also lose to Forex. These set of people only see the ill side of the business.
  23. Decub
    For any trader, understanding the way his broker performs is critical to decide if he would eventually continue with the broker or not. Trading in Forex isn't much about just trading on and on but understanding if the broker is really working or have plans for your future. There are brokers who play some hide and seek game in their terminal and they are worth avoiding by the trader.
  24. Decub
    Virtually everyone would need a bonus from a broker and take advantage of it to make profit. Brokers offer traders a chance to start up trading and to make something good out of the broker's free offer. Frankly speaking, those credits that brokers offer go a long way to provide traders a chance and an opportunity to start earning without their own investment.
  25. Decub
    In all walks of life, it takes time to become successful and making some good success out of anything we do in life is not that which comes easy. Trading in Forex is at the same time not that which making money from it is easy. It takes time as well before a trader can call himself a successful trader and be assured he would make something good out of Forex.
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