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bigxy
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Everything posted by bigxy
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Introducing the world’s first trading and gaming partnership!
bigxy replied to standart's topic in Advertisement
Yeah at least i am doing some profit this year because of more experienced one as compared to the last year, so far i haven't caught any falling knives as yet.. -
I think that's why i selected forex trading because it can be done without time and regional limitations.
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When Did you start your First Trade?
bigxy replied to kiranchandra's topic in Forex General Discussion
I think it is good to test any brokers processes and we can also learn forex more easily than any other available option by practicing on a demo account. -
Introducing the world’s first trading and gaming partnership!
bigxy replied to standart's topic in Advertisement
I have seen them already doing the same on facebook, not in terms of live feed but i have noticed some promotional stuff similar to that coming on facebook for the past few weeks. -
I have just created another new demo account in lmfx learn and earn demo account and i am very hopeful about getting the free 1000 usd which they announce for the winners only.
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Lots of practice with a lot of patience and this should be kept with consistency because earning isn't that easier as the new traders think about it.
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In my opinion fixed spreads might be a good option for everyone as these spreads are directly counted in the transactions cost incurred by any trader.
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What do you think the reason why traders encounter loss in forex ?
bigxy replied to Levie's topic in Forex General Discussion
These inevitable losses are i guess the initial losses which many of us make in the start however we need to forget them and keep on moving forward if we wish to become successful trader of future. -
Forex is a risky yet very professional business and if it is done with good analysis the chances of earning good money are very high as compared to any other business available to us.
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When Did you start your First Trade?
bigxy replied to kiranchandra's topic in Forex General Discussion
I still give time to test my strategies on the demo account before applying them to live accounts, so far so better let see how it goes in future.. -
Money management, experience and emotions management contributes a lot on our performance in forex trading as compared to the capital.
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Introducing the world’s first trading and gaming partnership!
bigxy replied to standart's topic in Advertisement
We can also access the past list of webinars from youtube and their site as well.. -
I have a verified account with them but i am majorly trading forex for now because i think forex is quite best option for me, maybe i will give some thoughts to binary again but let see..
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Are you talking about the mobile app or which one.. ? I am using the MT4 but it is from quite some time now so haven't have any idea about the new MT4 terminal.
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Basically the currency of any nation represents their strength, the more the currency took strength more is the economy of that particular country in my opinion.
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Babypips school is no doubt the best place to learn the basics of forex trading and yes you are right, demo accounts are also good place to learn forex processes more easily than any other method.
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How To Use Japanese Candlesticks In Forex Trading
bigxy replied to RusefTrader's topic in Forex General Discussion
I guess these candle stick chart are the most popular trading tools because they are easy to understand in my opinion. -
Forex trading may seems easier but earning money from it by trading requires certain skills so better to learn them before starting trading live otherwise all the capital will be lost during testing the broker processes. So it is advised to trade on a demo account for a couple of months before switching to live trading accounts.
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Losses are inevitable so if a bad day occurs it is better if traders should stop trading and take some time thinking about the reasons for such losses, learn from those mistakes and avoid repeating them in future.
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We better learn forex trading and then focus building an appropriate strategy and a proper trade management plan, once enter in trading then stick with the rules and trade plan.
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I guess both of these types have certain pros and cons but we should evaluate which suits best to our needs. EAs on the other hands require monitoring as well during the news release or high volatile market so better to read their manual before applying them to the live trading account.
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Risks are always associated with any business but we can minimize them by researching thoroughly and taking actions according to the needs.
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Why do you think people are scared of investing in forex?
bigxy replied to Levie's topic in Forex Newbies
Actually these forex brokers are present online and many of us are afraid from investing in online because most of traders got scammed by investing in different online avenues that promises of getting being rich right after investing with them. But the situation is different on the contrary, as many such online programs ends up taking investors money however i have experienced that trading forex with a decent broker can only be a legitimate business which is available online. -
Introducing the world’s first trading and gaming partnership!
bigxy replied to standart's topic in Advertisement
I guess card option is much convenient than any other wallet services.. ! It is a good initiative taken by them. -
I think that those who does not wish to avail bonuses from the broker always do have the option to trade without availing these bonuses.