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Decub

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Everything posted by Decub

  1. Decub
    Scalping is quite beneficial yo smarter traders who really know what they are doing in terms of trading. It gives the traders an opportunity to earn some small profits within a short period of time and as they trade, they don't have yo wait for so long for their position, just picking pips here and there little by little.
  2. Decub
    A newbies place is always in the Demo account. This is the point where he should base all his practices and strategies. It is always difficult for a trader who is new in the market to earn. This is because he is having very little or no knowledge about the market. In order to keep up with learning, there is always need for him to practice in the Demo account.
  3. Decub
    Do many people try to relate this two thing a lot but to me, they are entirely different things. Gambling is just a game while Forex is a business. That I'd where the bulk of the difference come. No doubt, they might be sharing a lot of things in common but they are simply not the same. For example, I am yet to see someone who takes gambling as his means of earning.
  4. Decub
    Do many people try to relate this two thing a lot but to me, they are entirely different things. Gambling is just a game while Forex is a business. That I'd where the bulk of the difference come. No doubt, they might be sharing a lot of things in common but they are simply not the same. For example, I am yet to see someone who takes gambling as his means of earning.
  5. Decub
    It is no other place than the Demo account. The Demo offers any trader the best learning experience at no cost. It would have been quite a difficult thing for a trader to easily make money from Forex and a lot of people may not have joined if they had to spend money during the learning process.
  6. Decub
    Well, it's a nice strategy but there might not be any much good profit from using such method. I think it would be best for the trader to gain the knowledge and trade well because I see the process as something that is an odd thing. If it doesn't work this way, then it will definitely work that way.
  7. Decub
    Doing Forex full time is something that has to do with the trader himself and how much time he has to spare. An occupied trader might not trade full time since there is something else that is taking away his time. Most of the traders I have come across trade part time.
  8. Decub
    This is always the starting point of all account. For a trader to become successful or find learning easier, then he must not neglect the practice in the Demo account. Trading in the Demo account offers any trader a kind of economic value to save his trading capital for a later rain.
  9. Decub
    A newbie should be more concerned on focusing in one pair that he knows too well. That is why it is always necessary to trade in a currency pair that the trader is very much aware of. That way, he would be sure he is not making a wrong choice and finding Forex very complex.
  10. Decub
    For any trader to remain on top when it comes to making profits or making money from Forex, consistent practice is quite necessary. It is something that he really had to maintain even though it is quite difficult. Practicing in the Demo account more offer will help a trader learn and know more about Forex.
  11. Decub
    This will depend on the level of knowledge a trader has and the place he wishes more. If he is not that knowledgeable in Forex, he can invest in Stocks and reap from dividend. This way,he would be sure of having some degree of profit each month.
  12. Decub
    I think most of the things that the brokers do are mainly part of the business. The real brain behind it is to keep the business going. I mean, there are some inbound policies that are just meant for the in-house and it is one of the reasons they are still on.
  13. Decub
    Sure, I think majority of the traders that would be trading everyday are those who really have enough time to spare. That is why you find out that majority of the traders are not trading daily. Most traders are just part time traders and they are simply earning from Forex as a kind of side income.
  14. Decub
    Sometimes I really find it difficult to understand why some brokers don't allow scalping. I begin to wonder if it does not give them a fair and credible name as brokers that allow scalping it there is a kinda fee they have to pay for allowing their traders to scalp.
  15. Decub
    To eliminate risks entirely is something that might not just be that possible. It requires a lot of time and learning on the part of the trader. Risks will always be in Forex and any trader who wishes to make a significant progress should understand the need to cultivate the habit of risk management.
  16. Decub
    There is absolutely nothing wrong with trading with more than one broker. There never have been any side effect it will have either in your account or in the profits you. will make, there are even some who would prefer to trade with different brokers rather than stick with one broker.
  17. Decub
    They quite some different but related forms of investment. I invest in stock, offline though and reap from the dividends which I see as cool and a good way to earn some passive ROI. It is not something that a trader expects immediate profit because the gains always come in a longer run unlike Forex which is immediate.
  18. Decub
    For me no. A trader might not have the need to trade daily unless however in cases where that is his only source of earning. Most probably he would. Trading in Forex shouldn't be an all day affair to me because it is not all days that the market becomes favourable to all. It doesn't get good every day and it should be when your analysis have a fairer view of the market.
  19. Decub
    Well, the TS was just assuming I guess, or probably his own opinion. For me, brokers make money from spread and that is the only way I know money can be made here. The assumption that brokers rip off traders and are always happy about their losses is just something borne out of suspicion.
  20. Decub
    I don't believe in that hypothesis. As a matter of fact, there are quite some traders or some people who so much believe that the only way to make success in Forex is by losing but I still doubt that. You don't have to crash for you to climb to the top. Sometimes you just have to do what you have to do to minimize losses.
  21. Decub
    I guess it has a lot to do with the trader himself and the way he controls his emotions. I really doubt how possible that would be if there is no other factor except emotions. The Demo has everything that the real account had and they are both the same kind of account. That will only mean that the major difference here would be in the handling of the trader's emotion as he trades.
  22. Decub
    One of the disadvantages of an EA is that if you get a bad one, you are almost doomed. EAs can be so worrisome that you should have a very good knowledge of it before making use of one. A bad EA can make any trader not minding your skills to get an unplanned MC. Better it is that traders learn how to study to EA and differentiate the good from the bad one.
  23. Decub
    Live mentor has always been the best for me. I really like the feel of having a personal and physical trader who I will always discuss with and share feelings with as I learn. Sad though, it is quite expensive to get one here so I have no other options than to stick with an online help.
  24. Decub
    Personally, I prefer manual trading. Robots are just robots as they are called and they have no feelings and reaction to changes in the market. When the market changes tide, a trader trading by himself will easily understand and retrace his patterns and strategies but for a robot, it will quietly follow suite and keeps incurring losses for you.
  25. Decub
    I think to a great extent that trading is something that is earned. It is something the trader earns for himself through series of learning. It doesn't necessarily work as that which the trader gets as a natural gift. However, traders that have high IQ which comes as a natural gift o God can give a trader a higher chance of learning quicker.
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