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Decub

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Everything posted by Decub

  1. That which the trader should always strive for is to have a better understanding of the market and trade well in whatever pair he wishes to trade in. Basically there is no pair that is adjudged best among all pairs but it is what the trade makes out of it. Trading is not about a particular pair but a genera understanding of the whole market.
  2. You are quite on point.They will see it that there is something that they have to boast with and that is their strategy. If they share it with you, it means they are left with absolutely nothing again to stay with and from all indication, they won't have that chance to get in on the score sheet of the good traders.
  3. There are some sites that offer a kind of subscription to newsletter which gives a trader or any body who has interest a chance to get these information. There are so many of them and more keeps coming too. What the trader has to do is to keep in touch and know when the brokers are offering these things. It could be a very good way to raise capital.
  4. There are certain traders who are tripped to go with that which their mind told them. Bad timing could mar your trade and give you more losses than you expect. Trading in Forex and expecting to make profit without preparation is the highest mistake the trader can ever make. There could be varying ways to profit but timing is important.
  5. Also determination is such an important tool for any trader that wants to be successful. Trading in Forex requires the trader to be persevering in other to understand how to trade. There is hardly a way a trader can come out successful when he lacks the zeal to keep pushing hard. It is not easy to make money in Forex and it is that which the trader must also consider.
  6. @Tenko, it is basically this feature that made a lot of people get attracted to it the more. Forex is a highly liquid market where the trader can make a lot of money and also can lose a lot of money within a very short period of time. It is a highly volatile market too and always wise to trade in it when we have adequate knowledge of how the business works and how to overcome it.
  7. To start up trading without investment is quite easy and not that which the trader has to cry out blood to start. He stands a chance to make profit from Forex even without committing any dime from his own pocket. This is just something he has to start up with by posting in forums and before one would know, he would have raised some trading capital.
  8. Exactly, Forex is all about making exchange of different foreign currencies with a view to make profit in the process. A trader always have that chance to make profit from the exchange provided he can take advantage of the movement and make profit from same. Forex is that which just requires your skills and knowledge to succeed.
  9. Yeah, I think they do but sometimes, the problem with running a trial version of softwares is that you will be required to put in your credit card details which sometimes, they begin to charge you after the trial period has expired. I would appreciate a situation where the trial version wouldn't request for my combination.
  10. I think you guys are just about right. Posting in forums are great ways to trade and it is one way to make up some good trading capital. I see bonuses from forums as a great way an entirely new trader can propel himself into some good trading capital without necessarily withdrawing depositing from his account.
  11. Yeah I do. I came across it in a forum where a member was discussing about it. I think it's a very good one and that which can also give the traders a chance to vote of their favorite brokers. It is one of those things IAFT as an association of traders provide for traders so they could have a chance to air their view.
  12. Mine was somewhere around $30 and to my surprise, I lost it almost same day. Well, the problem was partially from me as I had very little knowledge of what Forex was all about and how to manage my account. It actually was the basis for the huge losses and I suddenly blew up my account along the line.
  13. Yea because emotion seems to be part of every human and it is one of the things the trader shouldn't forget to control. Trading with emotions can never favour any trader in any way. There is the need for the trader to control the amount or way get reacts to emotions if he must be successful in Forex and to make something good out of it.
  14. Long term trading offers traders especially the newbies a chance to get to know Forex the more. It gives them a better chance to understand the market the more. Trading short term on its own requires a better knowledge of the market and could be seen as something for more experience traders.
  15. The brokers would also want to make sure they know who their customers are. Frankly, there are countries that frown at such things like Forex and when the brokers do not have a record of their customers, the clients might use that advantage over them to go against the country's policy on finances.
  16. Exactly, if the person needs to reap from Forex directly on his own without trusting in any one as regards PAMM investing, then there is the need for knowledge. Forex is far much profitable when there is the knowledge to trade in it and when there is a good understanding of the business.
  17. No doubt about that but we can't still deny the fact that a newbie wouldn't remain a newbie for life. There are such times when he should try life in the other end of the river. Generally, the best form of trading for a newbie is to trade on a longer term so as to take care of a lot of things and understand Forex movement much better. Long term trading remains the best for a newbie.
  18. Learning with the help of a Forex mentor who is skilled and knowledgeable enough in Forex helps boost our learning speed. The trader can always learn at a better rate when he has someone to rely on when it comes to knowledge. The mentor is much ideal for those with lower IQ who find it difficult to understand how to trade.
  19. Good use of leverage is important and not just trading with a high leverage for the love of profits. It is a way to make profit from Forex with little capital but when abused, can also be a way to lose with little capital. Since it a face lift to our trading capital, it is wise to understand the implications of using a high one when not necessary.
  20. Robot is also worth being careful with. Traders who make use of Forex robots are those who already have the skills to cope well with the adversaries. Robot trading isn't easy as something we have to trade on but it is that which should be used only when it is well understood. Trading with robots helps the trader earn without being present and also helps you lose in your absence.
  21. Trading with the Demo is just about the same thing with trading in the real account. The only difference spelt out here is that of output. It is no news that whomever that is trading in the Demo account is in for one form of knowledge and learning or the other while in the real account, the hub is in earning. Both are quite essential and a place to learn from.
  22. Since it offers a lower risk, it is more ideal for newbies to trade with it. Lower leverage is much better than when the trader aims for a very high one which has a lot of implications on his account. There might not necessarily be any need to use high leverage system especially when the trader knows he doesn't have enough knowledge to withstand that.
  23. Majorly, the way a lot of people get scammed in Forex is through robots. A hand full of those who get scammed by this means are those who barely listen to advice of understanding the principles behind the use of robots before using it. They feel they can handle a lot of things at the same time and still take advantage of all of them too.
  24. PAMM is simply an in investment that is like every other form of investment.There is still the advantage of earning from it just the same way any person can earn from investment. PAMM as a form of investment takes a lot of things into consideration before an investor can make profit from it. One of such things is the knowledge and experience of the manager.
  25. It is well good enough for the newbie to firstly try out life in the Demo account. It saves the problem of risking your funds directly in the real account. The Demo is the best place for any trader who wants to make money from Forex and the best place as well for those who wish to learn with less risks.
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