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tray22
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Everything posted by tray22
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@myregister, I agree with you if that is what you have to say we need to be satisfy in the forex but not all the 100 % because if you relax at a point and think that you are proficient here then changes will surely take you away. So for now its good for us to always keep learning while been satisfy with what we have
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@myregister,you are right but I never see any capability of robot as anything compare to when you have all this stock in your brain then you can just open your trade anywhere and trade without waiting for any kind of robot. Manual trading is the best I know some traders do run from it because of the learning process but with time everything will be fine
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Forex forum Do you think forex forums can improve my trading skills?
tray22 replied to flybiz08's topic in Forex Newbies
Forex forum can help improve the level of our knowledge if the people we just mixed and seek help from are all good traders but if the traders have less knowledge as well then we wont gain anything. So for now I think that we need to try and select a forum that have high good degree of forex traders- 456 replies
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- importances
- added advantage
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Everyone will earn profit but the case is that our level of profit gain must varies yes because if you cant earn profit here then what is the essense for you to trade that is nothing so the best is we must strive to earn. The more we learn is the more we expect earning in the large profit
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Proper money managment is very important when its come to the business of forex market now I can equally tell you that forex is a good business so for you to earn more then apply good money managment. Infact this was what my mentor tell me back then that I should embrasse the process of money managment as this could help save me from M.C
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Should Forex Brokers Accept Bitcoin or other cryptocurrency?
tray22 replied to bloger90's topic in Forex Newbies
@sidejob,that is true but I dont know why the broker are not making use of this if you can check then you will see that most of the broker dont even have time for that. But well we dont need to worry about anything since we can softly chose other type of payment system as well- 54 replies
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- Bitcoin in forex trading
- Litecoin in forex trading
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Real estate or forex all of them are all good but forex is the best to be sincere if we can invest that type of amount in forex with good knowledge there is no way which we wont gain more success. Thou stock is also the type of market which we need to look up to but forex take the lead
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We can not just conclude for anybody for me personally I think that there is nothing wrong for a trader to be trading forex everyday the only thing is that we need to gather enough knowledge so that we wont fall victim of loss. Practice make perfect as for this aspect traders who want to trade forex with knowledge need demo account to get started. Trading from monday-friday is good but let it be timely
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@sidejob, yes that is true you are correct pamm account is working for al kind of traders who want to trade that is why trader must examine his or her knowledge and see before trade if your skills and knowledge are all good then go ahead and trade alone but if that iQ is not there then you can invest in the pamm account
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Long term trading for newbie will be more profitable
tray22 replied to euro's topic in Forex Newbies
Trading in the shorter time frame for me I see it as waste of time for those newbie long term trading is the best it will give you the require knowledge and skills that you needed to become successful. Scalping or trading in the shorter time frame is always risky and there is great possibility for the trader to loss his trading account -
Importance of Demo Account/virtual account in Forex
tray22 replied to abdulla1's topic in Forex Newbies
@sidejob, that is true demo account play good role when its come to the market of forex because through demo account that is where you get knowledge skills and understanding to become successful. Forex is easy for those who see it that way but if you dont have good knowledge and skills to trade after demo account you must keep trying till you succeed- 751 replies
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- forex virtual account
- forex demo account
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@uncle gober, our level of knowledge and skills is what that matter alot here practice do make perfect when a trader practice very well in forex to make much money then he will surely get success. Our knowledge is what that give us the profit if you dont have the knowledge there is no way which success can be obtain from here
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hone your trading with a demo account and a real account
tray22 replied to rizal83's topic in Forex Newbies
You get started first with the demo account and when you have build up your skills and knowledge perfectly then you can step into the real account that is to say the demo account for using to learn while the real account for profit. Newbie do make great mistake they always start with real account and forget about the demo practice -
@skyrock, yes you get the point there manual trading is the best and it is the right way which any trader can get started from having a thought of using robot is never profitable for anybody. So personally I think that I prefer manual trading to become the best trader that I can be
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Yes it is the lower leverag that is good for the newbie trader if you are a newbie trader dont borrow the fund too high rather I will advice you to borrow lower amount by doing this more you are keeping your trade in a safety condition as the case maybe
- 247 replies
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- leverage in forex trading
- Is lower leverage good
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@levie ,I think I agree with you forex is far risky before anybody want to get started from here he must ensure that he have good knowledge and experience to tradde and win when the experience is there making success will be easy. But if the knowledge and the experience is not there then you can likely invest in the pamm system
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It is good that we dont get addicted to what ever thing that we are doing forex is not easy and everyone know about this so we dont have to be addicted to the trade as this may cause you to be greedy and at the same time result in loss. So we dont need to be addicted at all in this field of business
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It is the trader that will eliminate the risk and not the broker so when you are trading try and ask yourself if the right knowledge to trade and win is there but if not what you get is risk. Because your trade will face some set back which is very risky at the same time.
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Forex robot have a very big disadvantages to be sincere when you are using robot you will never get success from here often,this software have an expiring date so we dont need to cryout that way all we need is use manual trade to win more pips for ourself
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Can no deposit free money help you achieve success on forex ?
tray22 replied to kaito kid's topic in Forex Newbies
You need to ask yourself how much is it that the broker will give you as welcome bonus that is the first thing which you need to ask your self for me personally forex trading is one of the best market ever. Trade with caution and understanding also make your own deposit dont wait for the broker to offer you everything you wanted to survive -
Long term trading is likely good but now if you get involve in the long term trading you will make good amount of money on occational basis but aside from this short term trading is also the best for those who have limited experience as regards trading so this is what that actually happen in here. Forex trading will give you what you want but that have to be when your personal skills are well fixed
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Do not ever take a big risk if we are not able to do so
tray22 replied to rizal83's topic in Forex Newbies
Thou sometime taking risk in forex can bring the trader something that is good and nice but sometime when you take too much of risk you will leave your trade at the risky point and stand a chance to loss . So we need to know the type of risk which we do take here to avoid any problem that may arise from here. Risk taker in forex are earning big at the same time if you can control your risk you can as well make good money -
Do not ever take a big risk if we are not able to do so
tray22 replied to rizal83's topic in Forex Newbies
Thou sometime taking risk in forex can bring the trader something that is good and nice but sometime when you take too much of risk you will leave your trade at the risky point and stand a chance to loss . So we need to know the type of risk which we do take here to avoid any problem that may arise from here -
Why do you think people are scared of investing in forex?
tray22 replied to Levie's topic in Forex Newbies
Many people think that forex trading is a gambling but this never true because forex is a business and not a kind of game if forex was game then almost all the traders will have been stacking their money here but come to it forex is nothing but a pure game which any trader can carriedout -
Leverage is the amount of money which we do borrow from our broker to increase our margine and it is through this way that more trade can be handle and it is what that every trader need. Leverage is just like loan to traders the more you leverage the higher your margine