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Decub
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Everything posted by Decub
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For me, it's something that has to do with psychology. The psychology of a trader who is trading in the Demo account is that of trading without fear of losses. That is why you find out that most times, they tend to make better traders in the Demo account and once they leave the Demo, it becomes a problem for them to perform beyond average.
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What factor is help to consistent profit in forex?
Decub replied to Upul Tharanga's topic in Forex Newbies
To be in consistent profit, the trader also needs to be in consistent learning. Learning is a consistent thing and it keeps going on and on. It is better for the trader to always look for a way he can improve himself and learn better skills of trading in other to start earning better too. -
Yea because when there is a wide spread, it makes the scalper spend a lot of pips trying to pay for it. As a matter of fact, those who want to trade in Forex as scalpers should first look at their ability to understand what kinda spread the broker offers as the first point.
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Importance of Demo Account/virtual account in Forex
Decub replied to abdulla1's topic in Forex Newbies
Becoming a better trader doesn't just mean trading in Forex but learning well. There are those who see the Demo as just that place where so many would want to trade when they are new and once they have gotten that knowledge, they will back off. As a matter of fact, the Demo account is for all categories of traders.- 751 replies
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- forex virtual account
- forex demo account
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One thing I believe so much is that newbies are prone to mistakes. That said, they also stand a chance to correct their mistakes provided they are bent on working hard to do so. As a matter of fact, knowing how to trade is never a problem but the real problem comes in being able to understand how to get the best from the market.
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It's a general place for making money and anyone can also make money online. Forex is one business that can take you to the heights you never imagined provided you are ready to understand what the business has to offer and be willing to handle the business itself with care.
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Of course that is the way it is. If we end up blaming the earth itself for our losses without a way to correct it, then we are as good as dead because Forex wouldn't give us the chance to prosper when we fail to learn from it the way we should learn and that is why correcting your flaws is of utmost importance.
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Importance of Demo Account/virtual account in Forex
Decub replied to abdulla1's topic in Forex Newbies
Also, believing that the Demo account helps the trader to know what to make from Forex is good business even if the person may have had a lot of experience. It is a place where you can develop your skills and knowledge and learn how to grow yourself in other to make more money from the market.- 751 replies
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- forex virtual account
- forex demo account
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Of course and when it comes to those who are new in Forex, it is not a bad thing also starting with these popular pairs of which most times, the EUR forms part of it. But then sometimes I still express fear on the floor of the market on the strength of EUR against the USD.
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Surely yes, at least, this form of trading makes it very much possible for anyone to trade from anywhere and that is the main reason it is taking the waves. With the evolution of smart phones, even those who do not have access to PC can easily trade on mobile and the fun is that you got to trade on the go.
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
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Forex remains a form of investment. As a matter of fact, a trader needs to know how to put up an investment in Forex and also realize how to make it thereafter. Making money in Forex requires you putting in something and expecting some other thing in return. as a matter of fact, it is only those who are willing to invest that will make it in the business.
- 336 replies
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- long term forex trading
- risk in forex investment
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You know there is a big difference between when a trader looks at Forex as a business he can do and when an entire outsider sees it as something that is meant for some categories of people. in the real sense of it, there are so many people who see Forex as a place where they can't just make it.
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Now prepare to be a master at Binary Trading in the simplest way!
Decub replied to Alice Frampton's topic in Forex Newbies
Hmm! Sounds good really but most times, a lot of people do not get to experience that which they feel they will experience when they get to the real battle field. Trading in options is one thing that so many people may not find easy to earn from because of the fact that it is just a quick way to either win or lose. -
Who knows the latest forex strategy in the market?
Decub replied to chuna1985's topic in Forex Newbies
I think that is usually the question newbies ask because they lack that confidence in themselves and are always looking for ways to make things work. There is no latest strategy in the market that will favour anyone unless the person will on his own learn how to develop and make his skills something worthwhile. -
It happens to even the best of people. There are times you feel discouraged a lot about a particular business and when you watch yourself about what you think of other businesses, you discover you ain't helping yourself in any way. What I advise about Forex is that if someone feels he doesn't fit well in it, then it is in his best interest to call it quit.
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You know why I think this is so is because most things that has to do with online are generally cheap. Also, so many people can claim what they are not online which is not exactly the same with offline that somehow, there is a level of verification to whatever the person wants to claim.
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Most newbies will also find it very difficult coping with Forex when they are still new. In that aspect, it is best when they move their minds entirely off from what they intend to make from the market and focus more on their ability to understand what Forex is all about and how they can make it work out well for them in other to get the best from it.
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Even though the Demo account is something that is seen as that which is for newbies, personally, I think it's a place where both newbies and even practicing traders can participate in. There are times when there is a great need for one to modify his strategy without the risk of losing and that is where the risk comes in and the Demo account forms usage.
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For a lot of people, understanding Forex is never simple and it is not also that easy getting the best from Forex when there is actually a lot to be learnt in it. There is a way that is always unique to any trader and what it takes is for the person to look at the one he can cope well with and learn how to do it right.
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I don't really know why some exchangers in my country that added this neteller payment processor decided to remove it lately. I think it wasn't getting the kinda popularity they bargained because there were a lot of them who thought it would have been a very popular one and that was the reason they did so.
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Yes actually and there are as well, some kinda free discussion sections where even someone who has no knowledge about Forex can chat. If my memories are correct, then I think there's a kind of football discussion session where one can talk about sports, soccer and his favourite teams and still earn.
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i think the admin just wants to make sure the forum is sanitised and ensure that there are less BOTs. I also will advise you not to try a proxy on this one because the admin might choose to get your account blocked because he will think you are accessing the forum illegally.
- 34 replies
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- doubleearning
- paid to post
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Digital Cash Palace Forum - DigitalCashPalace.com/forum/
Decub replied to ghaffarahmad's topic in Get Paid To Post
Not exhaustively because there are still some other places to post. Well, the admin once made it mandatory that a bulk of the posts one makes there should be more of Forex and tagged that as a condition to get paid in the forum which sends a signal to what the admin really wants from posters in the forum. -
I think now, it's loading so fast and I hope it remains this way. From my experience about this forum, there are times it will load slowly and there are times it will tend to load fast but generally in recent times, unless there is a bug, you will definitely see that it serves you right.
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Sure, I've been doing some good activities there lately and I think it's also one of those rare forums that have come to stay. I mean, it has surpassed others who have come and gone and it's still waxing much stronger than ever. I discover there are no much activities in the PTP.