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myregister
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Everything posted by myregister
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Did Greed for Trading More Return Loss for you?
myregister replied to kiranchandra's topic in Forex General Discussion
@rexway: Greed never bring? LOL, if you can control your greed and know the right time to trade then you can reap more profit. Greed is your emotion the part of you that you must tame, and not something that you must eliminate, it is something that you must control and if you cannot control it then it will gives you more loss. -
Both of these account are important to me, demo account in my early times as trader gives me more chance to earn money later consecutively. Demo account also a place to do some experiments, while in real account is the only account where i can apply those experiments and also the place to earn money.
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forex is a good business for the students
myregister replied to davils9's topic in Forex General Discussion
Yes, good business since it is flexible, you don't have to trade 8 hours per day and you can even trade when you already arrive at home, what do you need is the right pair to trade if you know the time you trade( what kind of session you trade at that moment). -
The benefit of PAMM account are so many, but now i talked from investor perspective. In here, Benefit of PAMM that we can get profit from forex without need to lay our finger to that market, we just invest in our trusted manager and waiting for remuneration. Make sure you get around at least 60%.
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What do you think a best broker choice?
myregister replied to boltushkin's topic in Forex General Discussion
Well i don't want to say which is the best broker here but here is my criteria, that broker must be registered in at least one of this regulator(CFTC, FCA, ASIC, and FINMA) also must accepte regulated payment like Bank Wire, Paypal, Neteller, or Skrill. -
Do you think compounding is important?
myregister replied to andry777's topic in Forex General Discussion
Compounding resulted to bigger capital that we have, so the more capital we have the more chance we got to make profit. Compounding is important if you can trade with it better, but if not i advise to withdraw your own profit only, rather than risking your profit to loss. -
More than one account with one forex broker; is it advisable?
myregister replied to flybiz08's topic in Forex Newbies
I don't think so, spend your time in only one broker won't make you become such a good traders. One account already enough so you can focus on one account only, this could give better result compared to more than one account that you must handle in different or same time.- 79 replies
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- trading with same broker
- pro & cons of n no. of a/c
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Welcome bonus by brokers - Make guaranted money
myregister replied to yogeshwartyagi's topic in Forex Newbies
Some people seems does not see that welcome bonus does not guarantee anything here, welcome bonus only as the first step and also give newbies more chance to make profit without need to spend money, see this is not guarantee but chance. -
Yes, scalping makes trader earn money in short time, but if you don't have good management the risk will be so big for you. Broker that you need to choose must be a broker that has good server to handle many requests because i am sure that no only you who will be a broker but also the other traders who scalp during that time.
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Live mentor cost you much compared to online mentor but i think it is more effective for live mentor to tell you anything and you can learn from it. Also you can earn more compared to the online mentor, and it seems if you learn from online mentor you will be more independent to learn compared to live mentor.
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I think it is simple if we tell, if you want to make living in forex then you must has enough experience and skills, with that you can make more profit which means more income from you. After that you also need a good risk management.
- 305 replies
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- life vs forex
- discuss life vs forex
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At first i prefer manual trading and after that i trying to combine my earning with robot/ automatic trading. This is good because i can increase my income and also minimizing the risk. I think combining both of these ways are totally effective compared to only use one way only.
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Demo account is free up to now and people still can use it until forever, i also never see any broker that does not offer demo account for free. If that is not free i think that is not demo account. So i think all brokers who offer demo account as free one is normal broker.
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If you lose you will not make profit, and if you don't make any profit you're not success enough. It means that you must trade well in order to be success. You must no to lose in order to success even you loss your money that is fine since you can learn from it but does not mean you must loss first.
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What kind of investment that we want to talk here? Is this just some passive income? As for me Forex only ecome active income for traders and i can say it is as active investment. Forex for investment is nice trying but knowing the risk in forex is must.
- 336 replies
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- long term forex trading
- risk in forex investment
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Low leverage is not good for newbie, i suggest it must be above 1:200. Even some experts also still use around 1:200 or even higher. So i think lower leverage isn't good because newbies still can make mistakes, so what we are gonna do is increasing it so they can achieve higher. with lower leverage they don't have anything to trade with.
- 247 replies
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- leverage in forex trading
- Is lower leverage good
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Can no deposit free money help you achieve success on forex ?
myregister replied to kaito kid's topic in Forex Newbies
Nope, free deposit does not help anybody here, You can achieve success only by your will and also your knowledge and for sure the last one is your own experience. No deposit can help but it is not always like that, some people with free deposit still cannot make profit too.