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Stock market is that where people of desire country an earn profit by exchaning there things to earn profit. Forex is a kind of exchange business in which people all around the world can exchange there things and get profit .forex is the best business instead of stock.
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there are many broker how provide demo account. Like insta forex ,fx open etc purpose of demo accouny only gane proper basics knowledge about the forex.in demo account we can use different strategy and check whether it successful or not. If there is weak point in our stragey then remove it.
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first we have proper basic knowledge abute forex then we have a succussful strategy always choise best time to trade in forex . First analysis the markete careful then place order in the market. Never thing to get huge profit each time while placing order in maerket.
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Stoploose is a very benefectional tool for every trader. If we place stoploose in our trade before setting order in market.benefit of stoploose is that if our tdare going toward loss after touching stoploose trade will close autumatically.after closing trade set new order in markit to recover loss which is so best for every trader.
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dear we have to learn basic of forex first then wehave a chance to earn money,follow the senior in forex if you want to make profit.forex is not a easy way to make money.we have to learn different skill to recover loss. If we can recover our loss then we can never loss our hope in forex.
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- life vs forex
- discuss life vs forex
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dear risk is a part of our life bussiness each bussiness is full with risk.if we want to earn then we have to take risk but risk is very bad thing for every trader.control the risk if you want to earn then you become a successful trader. There is no way to control risk.
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More than one account with one forex broker; is it advisable?
my name replied to flybiz08's topic in Forex Newbies
dear if we are new in forex field then we have to use one broker .because forex is not a easy work for every beginner.there is a hidg risk of loss .so we have to use one acount only after gaing skilll of different kind mean strategy.then we got profit in each acount- 79 replies
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- trading with same broker
- pro & cons of n no. of a/c
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hone your trading with a demo account and a real account
my name replied to rizal83's topic in Forex Newbies
dear i am a beginner trade so i use demo to get skill.because we can try many strayegy in demo and if there is any weak point then remove it,so that we can earn more profit by using strong strateg.first get basic knowledge then you have no problem in trade. -
in forex trade scalping is method in which trader done there trade before ending time.but in scalping we not got enough profit .its very best for us that we can stop our trade by gain some peofit.we havw to learn the forex basic to earn profit in forex bussiness.
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if you are newbies. I suggested you do long term trading . Anyway way long term trading? For me if you are a newbies its much safer to do long term trader then doing day trading. Hundreds dollers trading capital i think is enough for trading long term if you have confidence and dicipline or trader then you can increase the risky by increasing the margin then that trade
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A new forex trader are posed with this question and they really want to know if forex trading is a better place to invest this amount of money . The one i ab going to invest in the forex i will give them to the expert s who who can trade for me and we will share the profit. For me i dont think i will invest all that money into forex , however that can also be very risky because the expert can just take your money and run
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I think that the forex can be use as a full time job as well as we meet several requirementsas follows. For me i would also prefer that i show some consistant profit from trade over along period of time. If we have a profit every day in forex trading although using only a small capital someday we can also use a large capital through profit.
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as far as i know there are traders who maximize trading every 5 business days and at least open 5 positin or more. Ofcourse when you do it every day you are better position to gain more since you spend more time trading and with that comes experience.
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Greedy will not take a trader to the promised land as far as forex trading concerned. Aside this greed shoult not over come a trader to take traders in orderto make quick money.there are lot of good resorces out there to help. One of the best i have to come across is make miney currency trading soy co dot uk as they run free webinars and training
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Can no deposit free money help you achieve success on forex ?
my name replied to kaito kid's topic in Forex Newbies
It will be very hard to make success with that money in my opinion . One of the main reason for that is that the no deposite bonus is normally pretty low amount so making big with that is hard. The term and condition is not complicated. I have try it by my self. I want to earn good and is forex be a full time job.so for mr my foces is t learn how to make consistent profit and not just to invest my own money -
Meaning of words should never be satisfied with what we have got does not mean we are required to have a meal to be gready trader and never satisfied with gains, trading is something we should be dealt with a good trading strategy and with cool mind it is for a newbie would be very difficult at all to make a profit every day due to daily price action always different so we can not continuously use one stratgey alone
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practice to be consistent on the profit obtained
my name replied to rizal83's topic in Forex Newbies
For any trader to remine on top when it comes to making money from forex,consistent practice is quite necessary. However if market move ranging for long period , probably traders would not able to get decent profit . When the trader is trading and he or she want to be making big profit it is that time that losses will come and wipe his or her account -
Though long term trading is the best for newbie but in most cases, a lot of them are always tempted to trade short term. That is basically what leads some of them to stack failure and subsequent loss of their account.so it all depend on your trading strategy. Newbies has less forex experuence that is way long term treading is better for them.
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I think its best for newbie traders to not be totally dependent on income from forex since its harder for you to perfect away. It is just a risky business and much more risky when there is little or ni knowledge. We cannot become skilled, require long period training . A newbie trader shoul be able to learn how to trade first of all before he or she will starts trade and his or her meanings of living
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PAAM is stand for person allocation managment module. Pamm solution allowed the traderon one trading plateform to manage simultaneously unlimited quantity of managed. Pamm is a new concept and it will totally readfine forex trading.i posted this information so we coult talk about this thing deeper.
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If you mean one choose between an offline mentor and an online mentor i will choose live mentor so can learn more on market if we found online market or we found online mentor that is good too.if there is mentor who helped you that could make tou learn about that forex faster
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Use minimam leverage in forex if you are a new in forex work.if we use larg leverage then we get more profit after the trade done successfuly. If we make any mistake then we have to face larg loss in forex which is not good for every new trader .every mew user have to use minimam leverage because forex is avery risky business.
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I can find demo account and real account in forex . In demo we cannot get pressure because we use virtual money and we did not heed loss our money if we fall, there are certain things that actually is different from the demo compared to the real forex account
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Its good if we can find ways and means to become ctive in forex. I am really interested to see my self grow and become a big time trader, anyway have goos under standing about marked important also.with a demo account, then we can learn the basics of treading and equip.
- 54 replies
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- advice
- investments
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People should not think about how you are going to make profit with that 10 dollers fast. Satisfaction with forex will be very benefit for us , brokers are able to provide the satisfaction should we choose . Satisfaction is a good but when we had make good profit from forex is a business where we need to understand the principles of making money in it and not treating it with greed.