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adil007

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Everything posted by adil007

  1. Leverage is one benefit which is given to us by the broker through which we can raise our amount for trading in a way, we can set high leverage and reduce it according to our mind/needs, if you want me to advise I think we should not go for too high leverages as setting high leverages is very risky and can result in loss so we should use a bit lower leverages for instance.
  2. Yes you are very right @unclegober that in gambling we just bet/gamble and depend on our luck but in forex we can change everything with dedication, patience and hard work, we do not require these things in gambling but in trading these things matter a lot and a successful trader must have these qualities according to me.
  3. In my view forex trading is for everyone whether a person is greedy or not, forex is free for everyone to join, but we all know we reap what we sow, so this can be applied to forex trading, if we do hard work we can make profits in trading if we do not we can go in direct loss same is case with greediness, but again we can control our greed as well by using risk management measures and reducing lot size.
  4. Well I sometimes think that a little bit of greed sometimes in forex trading might prove beneficial but we should not get greedy always but on other hand if we get into trouble in our trade because of greed we can always use stop loss as it can as said by @unclegober help us from becoming greedy but I think the thing is that we do not get satisfied with what we get in the end and if we get satisfied with profits there would be no greed.
  5. Well indeed I am satisfied with brokers which I use, because I choose brokers after thinking a lot and do not randomly join brokers however I like to explore and try new brokers as well to see in which broker do I do the best and make good profits, mostly I like to go for forum bonuses for using in brokers and that is one reason why I might be satisified due to.
  6. Yes I would also agree with you, that it depends on the government's policies towards economy and also political conditions of the country, on other hand it may depend on how much debt is a country has fallen into these factors are changing the currencies value, mostly countries with very strong currencies are those with oil such as Kuwait and Saudia Arabia (Middle East side).
  7. Well I cannot agree with this point that everyone would like forex trading because people who have loss in forex trading would not be definitely liking it a lot and also some people prefer doing work offline rather than online, but it is right that in my view forex market is the most popular over the internet, @Decub you are right that even stocks market cannot beat this.
  8. I would also agree with the thread statement which tells that earning in demo account is easy, but I think there are a few which we must keep in consideration that are that if we trade in a demo account without knowledge the end result would be same as it would be in a real account, however if we trade in demo account with knowledge then it can be said that it is easy to earn in demo account rather than in the real account as market in real account is different.
  9. I think you are right @euro that if we enter the trade at good and right timing we can easily make good profits from our trading/trade, to be true I really am beginning to like the strategy you put in here because you made a gain of 60 pips by it so I think I am gonna try my best to enter the market as you have stated, so that I can make good profits.
  10. I think if a trader has good knowledge of forex trading and his analysis is good he can make profits in both long term and short term trading, we cannot imply that a specific type of trading would be beneficial or profitable for newbies different time frames are liked by different people and we cannot also expect to make profits every time.
  11. I think most it depends on the trader, if a trader has an active mind and is hard working then I do not think that he would need a mentor that much as a trader who is lazy and lacks knowledge so in end it depends on the abilities of the trader. So we do not actually need a mentor if we have knowledge and fresh mind.
  12. I think this much loss so definitely you would be having low confidence and feeling very depressed I think best solution might be that you should take a break from forex trading for perhaps a month or two and try again afterwards maybe your luck changes in your break and you would be able to make some gains afterwards.
  13. Well I think both types of trading is good, short term as well as long term, in short term I prefer 15m trading time frame and on other hand I also like the h4 time frame as well as these prove more beneficial/profitable, however I think too much long trading could be more risky so I would not advise it.
  14. Well yes I do take forex trading as a business not just a game for fun because I know if I do not take it seriously we cannot ever be successful in it, if we want to make profits in forex trading we must therefore take it as a business as well as work hard with dedication as well.
  15. Well I do not really think that money is safe in forex business, unless the person handling it is an expert keeping in view the fact that everyone can make mistakes but experts are less likely to do so, however I think we should go more towards forex forum bonuses for our trading as like that there would be no loss effect on us that would be if we invest our own capital into it.
  16. Well greedy people can become traders and trade as well but they would soon know the answer to their greed, which would be definitely loss so we should be acquire patience and think wisely that we would not simply make profits if we allow greed to interfere with our trading, I think @Decub you are right we should instead of being greedy set a daily goal for us after which we should end up the trade.
  17. Well yes of course leaving behind greed is more better than taknig it with us especially in forex trading where there is high risk, if we go for more money due to our greed we can easily have a loss for example we increase leverage or lot size for more money we are in fact increasing more risk and we can have loss similarly which would be high.
  18. I am thinking of moving towards insta-forex after my experience with mayzus, it is mainly because I found a place from where I can get up to $200 amount added to my insta-forex trading account in one month so like this I would have good money for tradng without having to invest on my own and actually I do pretty much like this forex broker by name till now.
  19. Well the forex market is open 24 hours so I think we cannot say that day traders make more profits because what do we know that if we are trading at our place at night there would be day at the other trader's place so I think making more profits just does not depend on day trading but it depends on the trend and market.
  20. Well I think we can know about the activity and prospering of a broker easily, for example inst-forex it is quite a popular forex broker and many forums have affiliated with it that pay into insta-forex for trading and also it has good reputation among people who have used it so I think best way is to know about a broker from other people's views.
  21. Well I do not really believe it if you ask me, 80% is for sure attractive but it cannot be made within 10 minutes unless we take a high risk and jump into the trade for 10 minutes, we do not know whether we would make the profits or not or lose whole of our capital because of taking the risk so I think it is better to stay out of it.
  22. Well I always think that demo account which is fake trading account has a market in which making profits is easier than in the real market in the live account, because in the real account real traders are trading with what they have learnt and experienced so far so market is not going in one direction but is in a flow so it is more easy to earn in demo than in the real account.
  23. Well to me really forex trading is one of the businesses online, but it is a business with pure risk, if we do not take it seriously we could be in real loss afterwards however the best thing is that there is a lot of potential of earning in forex trading if we learn it with dedication.
  24. Demo account in my view is easier than the real account, it might be based on the fact that we have more pressure in real trading account so we cannot trade with a free mind and when we trade with a stressed mind we might have difficulty in trading so I think other than that still the market is different.
  25. Well not for me this time, I would be in the cue for next time perhaps if I get some activity over there, however seems this time the rate was given good to all posters mostly I saw us guys except you @hadg33 getting 3 cents for each reply rate but seems now there was an increment of 1 cent.
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