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ivan

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Everything posted by ivan

  1. I see that it’s not really worthy to try to trade having small capital knowing that we can't make here huge profits because we will just have here problems like not have worthy time to make a profit of just one dollar only for hours.
  2. You can never run from commodity price risk, which is the classic problem with forex trading, that's the basic risk you are taking when buying any asset on the market, but what one can do is either manage it, mitigate it, or transfer it. There is almost no way to eliminate the risk on forex trading one hundred percent. We can only try to minimize the risk on forex trading.
  3. Robots are used automatic trading and we are not always sure that the robot with allows make our positions end in profit. Forex is an unpredictable market and even the forex robots can wipe out your account in case of unexpected forex movement. Forex robot is less suitable for forex newbie, since they don't have good amount of trading experience & knowledge in manual trading as well.
  4. We can easily follow trading plan and we could easily to be discipline to use good money management but in real account, we used real money and our psychology will give impact too for result in trading. I am more careful in my demo account than in my real account. In real account i am overcome by greed that i want to increase my lot immediately i will have some success in my lower lot.
  5. taking forex as a full time job can be risky as there will be times when you will be in a loss rather than in profits in several times and taking forex as the only income source can be dangerous. We could use a long-term strategy but what if you only use a small capital whether to use a long-term strategy, because the long-term strategy is very risky at all when we suffered a loss because of the capital that is used is small.
  6. Using compound method is very risky because we can get an accurate analysis every time we make trading. So for safety and reduce risk I think it is better using same amount on every trading you make. Huge capitals didn't guarantee you to gain huge profits but your good analysis that will more determining it. But higher capitals will give you more profits in dollars and sometimes it will be safer to use higher capitals.
  7. It’s not easy to be satisfied. This is why one needs to be disciplined enough to trade within acceptable parameters so that they don't end up being greedy. Most of people haven't satisfaction even me also don't have a satisfaction.
  8. For forex it differs from broker to another but comparing with hyip the risk is very high, for hyip the only problem i face is going scam. I think that forex is better only when who have time and have desire to learn otherwise there is very risky forex also.
  9. If we have a good knowledge and experience in the trade of course luck will come any time to ourselves with this should be before we dive into forex trade. I believe that the most important actually is education and experience. Luck only plays small role in trading actually.
  10. I don't spend much time looking at the markets as the strategy I follow is simple. I just take a position, set the SL and TP and leave it until it hits any one. Actually it is not important to spend many hours in forex market to earn profit.
  11. I see that we can’t say that forex trading is a talent from birth. There are so many learning resources available on the internet to guide newbie in learning forex because through learning and application of the concepts one can be able to make forex trading successful.
  12. If we do not have the passion and determination in us will never be able to master the trade and it will be a wasted effort. The trader needs to be determined indeed because forex trading is not just about profits but there are losses to be encountered too in the process and you need to be prepared to face them.
  13. Many people who just can make big profits will claim themselves as a good forex trader. You must not learn from them because they still don't know anything about forex. Forex is not only about make big profits. Live mentor, Surly, online mentor maybe cheaper but surely will not have the same effect as that of a live mentor.
  14. Free deposits are great motivation and help us learn and earn for free. Provided we put good efforts we may make handsome capital trading for some time. Deposit bonus for a newbie to start with is good enough to open a real account with them so that they can understand, comprehend and get enough flying hours in order to control and psychological control when they are under pressure.
  15. It's rather important for traders to learn how to keep them in check right from the beginning and practice doing so. I think that if you have taken the time to test your strategy in demo first and it worked for you. In the event of it having problems later on it would be best make alterations in the demo account than in live mode.
  16. I don't like the thought that we must loss to make us succeed. We can succeed even if we don't make some loses. Our aim in forex trading is to make fewer mistakes. The fewer mistakes we made the more we can earn in forex in the long run. That's why its important that we learn how to trade in forex and how to earn not to learn from our loses.
  17. If we trade through robot and we watch what this robot doing then surely will get some experience but for this we need to stay with robot. Anyway it’s better to trade manually to get experience and our future. for newcomers who want to know the strategy or skill to be good trader, then it could be dangerous to use robots, because they don't know the truth, robots will not be correct every time.
  18. I see that usually when our feelings are operating things then we create bad options. Also the more time a pattern operates the more energy it profits, considering “it has to come back” has been many an investors notorious last terms. Never let it run so far away.
  19. We should know that when we trade in demo account, the money we used is just virtual money, it is not real money, and it is totally different with real account. Demo will be useful for newbie since demo account is only for practice. Try the effectiveness of indicator; try new trading system that you have, etc.
  20. When traders really understand how it works they should move to make money in real account. In real account you still need to learn how to manage your money and emotion so just open a real account and make small deposit to learn about them.
  21. We can share something with the other members who must be did the same thing with us and it will make us knowledgeable about forex, but again we still need to do trading and practicing so we can improve our skill in forex. Those forex forums do have live trading discussions as well as technical analysis thus we can learn here many things particularly the analysis and we can assure that we will able to understand the basics.
  22. Demo account is good if we have time for demo trading but if we really think to learn our strategy at the same time to have chance of having capital for the real trading then, why not to have be in the demo contests or championship. They have given great contests and prizes that many great traders around the world will participate although; this means that we need to be competitive.
  23. If we still do not have the ability and the amount of capital great then we will only be able to make Forex as extra work for us. since main job mean that we make our living from it, that mean forex trading is our main job and we need a lot of skills to make our trades result is good not bad, and always in profit.
  24. In my own case, I do hope that my strategy is good enough to make me earn money in the long run. I know many do end up getting MC but I'm happy that some how even though I got multiple MC I still end up recover and will never give up.
  25. In every business there's no such easy thing because, of the risk we will surely have difficulty in reaching or achieve our goal in that business. if you want to be successful in here then you just have to keep practicing because we know that learning never stops.
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