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Decub

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Everything posted by Decub

  1. Decub
    I think long term trading and long term success too is what all traders want to have. Everyone desires to have a success to reckon with but where they find it difficult to actualize this dream is because of their desire to make quick money. Forec is something that the success will be made manifest when we are patient.
  2. Decub
    I'm quite less than a year into Forex and so far, have been having it challenging. Not hoping to quit either but at the same time, aiming to become a successful trader in future. Trading in Forex is something I see as a challenge and only when the trader embraces it as one would there be success.
  3. Decub
    I hardly believe in daily profits, not that I'm ruling it out completely but it is almost impossible. Perhaps those that could possible achieve that are those who are basket traders. Having much knowledge in very different pairs and have huge capital.
  4. Decub
    I have a friend who will always say that terms are not important but the application. For me, they are quite important even past the learning stage. There is no way a trader can cope with a term or situation of Forex that he does not know anything about. On other to understand the rudiments of Forex, traders should as well, understand the terms too.
  5. Decub
    I think emotions in the form of doubt is something that the newbie always battle with. As a matte e'er of fact, there are times he might have some good analysis but the doubt in him will refute it and make him not to trade. That is just the way it is and it requires a strong deal of confidence to overcome that.
  6. Decub
    Traders make a lot of mistakes in Forex and among those mistakes are emotions. Emotions in the form of greed is something that has almost eaten deep in the minds of the greedy traders. They produce some perfect working analysis but spoils the broth with greed attached to their trade.
  7. Decub
    That's a nice one. Developing trading strategies is something that is always difficult for a beginner and this could really help. In Forex, the first step after learning the basis is always to build a good and working strategy. This is the base of the trader and the foundation upon which his success would be built.
  8. Decub
    My experience in Forex so far is that as you go, Forex lessens in how difficult you find it. When I was new in Forex, it used to be such a difficult nut to crack for me and I would always wish I never knew it. As I started deeper inside of it, I discovered it doesn't get so tough if you've got the knowledge.
  9. Decub
    Certain people naturally find it difficult to assimilate things especially by reading. They can go long hours trying to understand what may not have taken another person to long to understand. These category of traders require someone that would hold them by the hands and teach them and that is where a tutor comes in. It ensures a faster means of learning.
  10. Decub
    Forex is a trading business that involves the buy and sell of major foreign currencies. These currencies are paired against each other and it is a business that has long been in existence. Trading in Forex requires strong deal of knowledge before a trader would make something good out of it.
  11. Decub
    Mobile trading has really taken its toll in the face of the Forex market with most traders seeking way to keep in touch with their trades while on the go. This is one thing that the advent of smart phones had brought. It now accords traders the opportunity to trade from anywhere without having to wait till they get home and log in to their computer system.
  12. Decub
    It's up to the trader and his pressing needs, for me, I really enjoy compounding my profits. That is a great way I know I can easily raise it. With a bigger capital, there are chances of a bigger profit. However, some others might decide to have a sharing formula for it.
  13. Decub
    Even if we are able to take those big risks, risks are not just something that is good for any Forex trader. It doesn't favour in any way to take risks. Forex itself is a risky business and if we choose to increase the risk by probably increasing our lot size, we would only have ourselves to blame at the end.
  14. Decub
    To earn such a huge amount of money, the trader needs a lot of trading capital. I wouldn't say other is practically impossible but in the real sense, it is quite demanding to get that target. There are those with some huge sums of trading capital and I believe that those set of traders would be hitting that target.
  15. Decub
    For me it's really a no because it's been quite a very long time that I knew about Forex. But honestly, I used to see it as a gambler's thing and not something that is legal. I felt Forex isn't just for me in the widest sense and could mean a kind of illegal activity.
  16. Decub
    Planning is just about important and it is one thing the trader needs in Forex. If we fail to plan, we only plan to fail and for a trader to be the best of what he wants to be, planning must come into play. Making our own trading rules is just the best way to overcome some trading hurdles like over trading and knowing when to exit.
  17. Decub
    Yeah, it happens to most people. Not that everyone gets a margin call but in a long run, a lot of people do. It is the least an average trader would ever expect, yet, it keeps happening. I guess it's always a lesson to all irrespective of how much it hurts. I got mine in the early stage when I jumped into Forex hoping that it's easy to earn.
  18. Decub
    I think selling off your Forex account might just be to your own detriment. This is because the account you wish to sell off might most likely be a verified one and it means your details is what the broker has. Any irregularities in the account tells more on you rather than the beneficiary.
  19. Decub
    Well, using long term support might be the best for some traders but definitely not for me because I grow emotional when I dip down in pips. I can't really risk so many pips before I take profit so I prefer to set my SL closer to the support and resistance.
  20. Decub
    One of the things a newbie should always take very serious in Forex is learning. As a matter of fact, it is something that comes in first before every other thing. Without learning, he would only end up, disliking Forex because of the tendencies of losses which is inherent in that early stage of trading.
  21. Decub
    Forex is an online earning platform where the trader has a chance of making money through through trading of foreign currency pairs. It is a business that has been in existence very long ago. A decentralized and highly liquid market which offers traders a strong flexibility.
  22. Decub
    I can remember when I was very much newer in Forex that I used to wonder about this too. I would always ask myself how Forex brokers do earn their own money, perhaps they would force traders to lose so they can earn. But much later on, I understood their means of earning is mainly through spread.
  23. Decub
    Yes, the Demo account is a very good place to develop the skills needed in Forex. It offers traders the whole benefit of a real account without any investment of any kind. That makes it very possible for anyone to trade in it as though he or she is participating in the real account. There are yet, some who think they have no attachment to the Demo accounts.
  24. Decub
    The amount of 1.5 USD has been deposited to your Perfect Money account. Accounts: U1949613->U4854513. Memo: Payout from DMT,Enjoy Posting at forum!!!. Date: 13:39 29.09.13. Batch: 36008826. Thanks Admin.
  25. Decub
    Displayed Username : Decub Amount To Request (DMT points) : 150 Payment option Perfect Money ID : U4854513 Thanks
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