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Stekin

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Everything posted by Stekin

  1. Stekin
    I still like to think of the demo account as the first thing to be considered once the person is thinking of a way to trade in Forex but the main thing here is the fact that when you are trading in the demo account, it is all about learning and learning well on how to move to the live account because you can't just start trading in the live account without a good knowledge of the demo account.
  2. Stekin
    If this thing is not bad for a broker, then the trader can embark on it and there won't be any problem when he cannot manage it well. The main thing that is worth considering here is whether the person in question is actually the kind of person who can be able to manage more than one account comfortably. Having more than one type of account is not a problem but the main problem is I the management of that account.
  3. Stekin
    No currency is a safe haven and every currency is a safe haven. What is there to determine which one that will work is whether the person already has a good knowledge of what to do or if he is able to understand the way the Forex business works because in the real sense of trading, it is more important that the trader will first look at whether he or she knows how to handle the pair he or she is trading with.
  4. Stekin
    Lack of knowledge can make anyone to believe anything. If someone lack knowledge of how to manage Forex well, then he or she will easily get confused on what to believe because there are so many news about Forex on the internet and different people say different things online about it. It is only for those who know what they want that can get the best thing from it in the process.
  5. Stekin
    That is true but let us assume that in this case, the trader is a newbie trader and does not even know what to do or is in a confused state. I think the advice that I will personally give him or her is to go and check where he or she is not getting it right and be able to make things up. There are room for correction if you have failed and this is the main reason why the trader should learn how to do things right.
  6. Stekin
    There are also many regulatory bodies and that is what the person should know. Different brokers will have different ways by which they do things since they are regulated by different people or regulated by different bodies because this will have a great impact in their action and the way they treat their own traders knowing the implications of their services to the traders trading with them.
  7. Stekin
    I'm sure that some brokers who want to start trading in Forex may want to make use of the trading bonus that the broker gives. It is a thing that the trader himself or herself has to know first of all and also know whether he or she can make something out of it. Those who want to make it will rather understand this in other to make things also work out well.
  8. Stekin
    That is true and it will depend on what you want to earn from Forex. If you are the type of trader who needs to know how to trade in Forex with scalping, then you should also learn how to scalp and this is also the main thing matter. It is not by following any form of business that forms the way to earn because that is what matters and that is also the main reason some people who hope to make fast money lose.
  9. Stekin
    Scalping is profitable. Scalping will make you profit provided that you are the type that will understand the way to handle it and for you to be able to make it what you can earn from. Being a scalper will never mean that you are instantly going to make fast profit unless you want to run into risks of losing or run into the risks of not making it well. Forex means that you have to do it in a way that you know will please you.
  10. Stekin
    Don't quit trading because you have lost trading. If you are the type of trader who knows how to maintain what you want and also knows how to make a good understanding of your losses, then you should also find it easy to understand what led to your losses and be able to easily recovery fro it. It is good always learning from your losses and learning how to recover from it.
  11. Stekin
    I see it as a place where you may lose and may not be able to get all that you need to understand how to make money and there are other times that you also will make losses. Loss is something that you need to cope with and also need to realize that you will have to realize the fact that it happens well.
  12. Stekin
    It is a Forex myth to assume that you will always earn money in Forex and when you think that you can always get the best in the market, then the trader needs to get in touch with it and for you to understand the business, you need to see it as a place where losses are imminent and you need to make it work out well for you to make.
  13. Stekin
    Forex news station is one station that many people will have to tune in but most of the times, economy news do such. What Forex actually presents is the fact that it is the happenings around the world that affects the way the market moves. The policy certain countries make move the way the international market and being able to understand this is what makes it important.
  14. Stekin
    I'm sure there is no body who has his or her knowledge from the stomach or from the mother's. Every body learnt about the knowledge that he or she has from Forex or from learning in one way or the other. It is even better for the person to see Forex as a type of business where you can learn in whatever way you want to learn and also make the amount of money you want to make once you have your knowledge.
  15. Stekin
    Forex is not understood by many of the new ones who come into it and there are so many who even think of it as a place where they can make some.. quick money within a very short period time.. That is not the way it works. In fact, a lot of patience is needed in other to overcome whatever it is that is thevbad end of trading in the business.
  16. Stekin
    I do not make use of EA but this thing doesn't mean that it is a completely bad thing to use. In making use of an EA, you may win and you may also lose but the way the EA will trade for you is exactly the way you have programmed it to work. It is when you must have understood this that you will understand what the robot will likely give as a result of the action.
  17. Stekin
    The main place of scam is from the brokers and it is those brokers that do not have any integrity. They are the ones who are always looking for unsuspecting victims and new traders to explore. As a matter of fact, these brokers do not care about their business and they don't also give a damn of the traders who are trading with them because all their mind is focused on how they will make money.
  18. Stekin
    Because Forex robots are not human beings that can dictate and reason, that is why so many people don't see it as perfect. That not withstanding, if a trader is good in making analysis and also knows how to program the robotics in other to earn from it, then he or she will learn how to earn. Trading with robots does not mean that it is a completely bad thing to do because you can still be able to earn from it when you work hard.
  19. Stekin
    You can go into stocks but endeavour to invest with better companies so you can also have a better feel of it. Investing in the stock market also involves knowing how to manage your level of knowledge with the company because it is not all companies listed in the stock exchange market that are worthy of it. It is better the trader chooses that which he or she will find best to invest with.
  20. Stekin
    This is always the way that Forex moves and it is the smarter trader that takes the success. The way a particular trader is losing will be the way the other trader will win and if someone wants to be on the advantaged position, what it will take is for the person to learn how to make it work out well for him or her and that is the best way to go when we must endeavour to be on top of our game.
  21. Stekin
    Gambling and Forex are not the same thing and when you are gambling, there is no point trying to put it up as a business rather, you should be able to see it as one thing that can give you the heart ache that you never dreamt of. The success of the gambler is not defined because gambling is a type of thing with 50-50 chance while Forex has a clearer chance when you have a better knowledge to trade.
  22. Stekin
    If you invest just 100 dollars and you are able to make 10% in a month, that will mean that you have been able to make 10 dollars and this thing is something that is realistic. The best way by which the trader can make success is only in trying to make his or her investment count according to the level of knowledge and skills that he or she has and that is what will also determine the success which he or she will have at the end of the day.
  23. Stekin
    It is actually a huge money for us to dream of but it is also something that we need to ask whether we can achieve it because it is not only on dreaming about it but being able to make it a reality. Forex business is a type of business where the trader needs more of the knowledge for him or her to succeed and not a place where he or she will think of the business as a quick way to start making it huge.
  24. Stekin
    There are so many things about Forex that also so many people do not understand. Forex is not an easy place to earn and Forex is not somewhere you will thin that you can easily make money. In short, the person who is looking for a quick way to make money should not think of coming into Forex because he or she may just end up losing more than he or she has bargained for in the course of it.
  25. Stekin
    It will may be depend on you or depend on the market at that day. If out of your 100 position, you lost 40 and made 60 in a day or maybe a counting of hours, you may not see it as profitable but it is because it is not everyone who will find that easy. The main aim of scalpers is not to start earning huge profit like the way long term traders do but the dream is is to earn in bits.
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