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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
A good contest indeed by hotforex with a handsome list of prizes for everyone even a runner up will be able to take 400 cash prize.. sounds good for me! -
I sometimes do trade on GBPUSD during london session and its also good for earning extra bucks so it can also be another good pair to trade.
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Can no deposit free money help you achieve success on forex ?
bigxy replied to kaito kid's topic in Forex Newbies
I guess bonuses are more complex to understand however if anyone allows no deposit bonuses to trade and withdrawing of profits is easier without depositing anything then we can take a try otherwise it is good to learn through demo trading. -
My favorite currency pair is EURUSD which is mostly liquid and carry a very low spread amount as compared to others.
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Thanks for sharing it however i better suggest sticking to trade major currency pairs as they are less risky than other exotic pairs and i have noticed that lmfx is offering sufficient currency pairs to trade beside other trading commodities.
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Taking a start with small amounts can be good for new traders and it is also helpful in trying a new brokers as well as their processes.
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Introducing the world’s first trading and gaming partnership!
bigxy replied to standart's topic in Advertisement
The month of August has almost ended, let see what they will be offering in September upcoming webinars. I really hope that they will soon update us with something that is really good for all. -
I guess that's might the reason that social trading has got enough popularity where the senior trading can showcase their skills and the junior traders can follow them as mentor as well as can copy their trades too.
- 361 replies
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- Forexmentor
- forex mentor necessity
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How many times do you trade a week?
bigxy replied to asiaforexmentor's topic in Forex Expert Advisors
I love forex trading because it does not bound me to give it hours but it allows me to trade it easy anytime anywhere from the globe however i usually stick to specific plan and once i reach this target i leave trading and build next target instead of trading. -
Gold and oil trading is good however they are bearish most of the time however i think we can still make money by shorting them.
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Introducing the world’s first trading and gaming partnership!
bigxy replied to standart's topic in Advertisement
I think they are also contributing such efforts in designing free webinars to educate every trader irrespective of the fact that he is trading with them or with any other broker, and that sounds good. -
Developing a right strategy can be helpful in minimizing the risks associated with the forex trading, and such developments can only be possible by gaining experience through practice forex trading.
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I guess the only thing that a new trader should do in start is to practice demo accounts as much as possible.
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I think none of these can make money for others and if anyone do then it might be for limited time only. I better say that forex trading is a full time business where our job is to learn how we can make money through forex trading.
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I guess it can be a good idea to take real insights of any broker by going to the review sites like forex peace army etc and once you choose the broker i think its more better to test them by starting with small amounts to get real personal experience with the said broker.
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I guess if we start daily habit of reading news, sooner we will be able to conclude the market behaviors and the outcomes of these news on the trading market.
- 460 replies
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- Learning forex
- Should i trade in forex
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That's may be the reason why many traders prefer trading major currency pairs for they bring significant profits rather than the weak currency pairs.
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why many people see forex trade as gambling?
bigxy replied to rockstar's topic in Forex General Discussion
In my opinion forex trading can only be a legit business available online these days however it can not be classified as a gambling because it is not based on luck but involves learning the markets, making analysis and cost calculations, then risking the capital based on such knowledge and experiences. -
I better guess that any successful traders possesses the right approach to foresee the associated risks with his investment, so we all need to improve our money management skills in order to overcome these risks.
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For those who greed may try to overtrade and obviously loose their money and looses more while chasing their lost money. It is good to put all of your emotions out while trading forex.
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I guess it is getting really hard to distinguish between good and bad binary options brokers as we may notice a lot of complaints about them so its good to carefully choose binary options broker. My personal recommendation is optiontrade as i am trading with them for quite sometime and i doesn't have any complaints from them so far, so they can be considered as an option while short listing a binary options broker.
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I guess we cannot eliminate the risks as they are involved in every trading business however we can mange them to much extent by doing effective money management and investing after carefully examining those risks. Forex is a business purely based on calculations and analysis so if you fail to calculate the right then the chances are that you might fail.
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which currency pair do you prefer?
bigxy replied to TradingForex.com's topic in Forex General Discussion
I usually trade major / popular currency pairs as they inherits less risks and are traded more easily, besides these i also keep an eye over gold and oil however these two items are bearish most of the time and we can make money by selling them short. -
Agreed ! the withdrawals from this broker are usually processed without any hassles and the other services are also good so far.
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How Much Time we Spend in the Demo Account.
bigxy replied to showrov1993's topic in Forex General Discussion
Demo trading is one of the biggest asset in forex trading and those who keep practicing demo accounts become successful one day. I still practice demo account in my free time to test strategies before applying them to live trading.