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aliforex

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Everything posted by aliforex

  1. Forex for me is a challenge at the moment. I stay away from it in my early days of online earning because I thought it is much difficult but I have taken up this challenge and I will be making good success in near future. I am fully determined to make my way to success in forex.
  2. onsistent profit is more important then big profit.Both the time to earn profit we must have proper knowledge and skill.If we want to earn big profit we need to invest a huge capital and it is very risky.So we should try to earn consistent profit if want to become a expert and successful trader in Forex trading business.
  3. It's depend to trader ability. we could learn how to use good money management with demo account so although we didn't use real account, we still could learn something and if you wanted to learn psychology, it must be done slowly but sure. Low amount of capital is good to start it.
  4. As long as you have patience and confidence in ourselves I think we are ready in here. Considering that we are fast learner and good with analysis we can work on it without much the help of other traders. Although, we should be more careful how much investments we will make and to think that it's going to be risky all the times once we've invested as well as choosing the right broker for us.
  5. It is very possible to make this online business as our main job, we don't have to worry about it, and the only thing that we need to worry is the way we trade. Well, in order to make Forex as our main job, we need experience, skills, and a bit of luck. In my country there are a lot of professional traders.
  6. One thing we must note is that forex sometimes goes alongside with luck, and luck itself is a major element in gambling. So as a trader it will be good if you erase the idea of forex as gambling (although forex can be referred to gambling in some way) because the luck in forex will not always be on your side, and that is where forex analysis comes in.
  7. Leverage is the term to increase the margin level, if we have high margin level, then we are very free to use any lot size which may easily ends in stop outs. newbies should use the leverage that is reasonable to suit with the money management plan, by this they are controlled by leverage itself and there is no need to worry about stop outs.
  8. Scalping is one of trading strategy which are closing positions in less than 2 minutes. And to do scalping, we have to choose broker which allows us to do this strategy, like instaforex and other broker.
  9. In the field of forex while searching for brokers, you should have to check many services. Not only just the broker must be low spreading but also there services must be good. There payment systems, market reputation and trading facilities. All these conditions must be checked before using a broker. Now I choose Instaforex
  10. Too much reliance on a Forex robot will not improve our skills in forex trading. This over-reliance will just make us shun learning. For me, it is better to learn what we are getting from EAs. A trader should not stick with his/her EAs for the rest of his/her trading career.
  11. Forex is a fast way f earning but we cant say that it is easy as well. Its a complete market which needs in-depth understanding and knowledge. There are thousands of strategies to be learned and used. Once you learn all this, then it is very easy to earn money from forex.
  12. I trade with only one broker. I did think about trading with other brokers as well. I don't think that it is a particularly bad idea to have more than one broker. In the case that something goes wrong with one account, you will have another to fall back on. It is the type of Forex broker that you sign up with. If you have a trustworthy broker, then you will have a better time as a Forex trader.
  13. Not practicing and not really having serious trade is what make many newbies loss money in forex trading. I have really hard time earning in forex when I'm starting. In fact I think I'm going to loss lots of money when I'm starting to trade in forex. But later on I realize that the best way to make money in forex is by continuing trading even I'm losing as long I tried to learn from my mistake. And I'm happy to say that I'm actually really earning good right now.
  14. They can try it in demo account first. But for me its really not good to use high leverage. Using high leverage is good for scalping strategy and other type of strategy that going to make you earn good amount of money in a short time. But the same strategy can also make you loss money in just matter of few hours also. So in short you really need to step up if you really want to make money and not realy on leverage only.
  15. Demo account is training to build your analysis ability and also place to make trading plan that will be used in real account. If you made mistakes in analysis when you used real account, if you could control your emotion well so it is not big deal because you have prepared risk management right? So both in demo account and real account, we can make mistakes but in demo account, we will be easier to make profits because there is no pressure, we used virtual money.
  16. I think when we start trading in forex, we do not have experience. That's why there is demo account. We can use demo account to get trading experience. At least, we will know the market characteristic and familiarize ourselves with trading atmosphere.
  17. Spending time sufficiently on the demo accounts can help a trader develop the necessary skills to overcome the negative influence of psychology during trader. With a reliable trading system and a good technique for risk management, a trader is sure to be confident which on the overall is needed to make money int hs business.
  18. The best and the low leverage point in forex for the new user is 1.500 to 1.1000 so try these if you are a new user that is best for you in forex to use it we can get profit by using different leverage .but select it if you have proper knowledge about the forex.
  19. maybe easy if traders already have good knowledge and trading skill but difficult for newbie that still have less knowledge and experience. so, before traders think about easy money gain, better learning and practice first in order to preparing their self with good knowledge and skill.
  20. I think when we are new in forex trading we should go with the lowest possible amount first in order to see how capable we are in making profits more likely if we can even make profits on the other hand I think we should make such an investment that if we lose it we would not be that much low of money in our accounts and have money to trade again afterwards if we get a loss.
  21. With education you get the experience, luck must not come into play. It is a place where your knowledge rules and that which you know about Forex comes into play. It is absolutely wrong to present luck first because it will fail you. Better if you present the knowledge you have and match it with good risk management.
  22. Well we can use demo accounts to have good application of different strategies. However, not all will work when we do it in real trading already. We need to find which of those will be both suitable or working in demo and real trading. Still emotions have a big impact of differences in trading.
  23. GREED is the most important reason of their failure. They have not been able to become a profitable forex trader because they are greedy. Because they are not even aware of their greed. It controls them and pushes them to overtrade and take wrong positions, but they don’t know. Greed is a normal emotion that everybody has. If you have not been greedy so far and if you think you are not greedy, just trade forex and see how greedy you are. This is normal. Everybody likes to work less and make more. Everybody likes to become a multi-millionaire or multi-billionaire within the shortest time but the problem is this strong desire can not only prevent you from getting rich, but it doesn’t even let you become a profitable forex trader who is able to make a steady small income every month.
  24. “The trend is your friend” is one of the best known sayings, although it’s message is incomplete. The full version should be, “The trend is your friend, until the end when it bends.” The trick with buying stock is to to be patient through the small changes in price until you can identify the point when the trend makes a change in direction or “bends.”
  25. We need good market analysis to enter trade and no doubt its help us more to make win trade . its true its not possible newbie most of the time because its not so easy but have to try to from various source. anyway its also true bad analysis ruin our trade but good money management save our account.
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