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Everything posted by novarisa
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Can no deposit free money help you achieve success on forex ?
novarisa replied to kaito kid's topic in Forex Newbies
That is one of the broker that i use right now, so far i am still in profit there with $50, but i make compound here because i think i will gain more earning here since i already gain BEP too -
if we have a large capital to trade forex should not all the capital at stake to play forex trading, better a quarter or half of the capital we have invested in the forex broker
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We know that mentors are not perfect too and they also do loose when trading but their experience in the field will surely come in handy
- 361 replies
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- Forexmentor
- forex mentor necessity
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Each and every position that a trader will make will have a spread which is what the trader pays to the broker whether he or she is making profit or not. This thing is the way they can have their own money in their pocket
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There is no way which we can trade forex and become professional offering risk free in forex trading there is high level of risk and nothing is risk free in here in forex
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we must endeavour to know that forex requires alot and earning doing it too is inclusive.For we to be making good profits doing forex we must have sacrificed our time to learn.Making forex our source of living requires we paying the price for the prize
- 305 replies
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- life vs forex
- discuss life vs forex
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Leverage is the ratio of the amount used in a transaction to the required security deposit. We should be carefull when choosing leverage to trade in forex. We should understand that if we use higher leverage, the risk also will be higher
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to earn money from forex is easy and not difficult but to become an expert is not easy, because it requires a lot of experience, but whether the expert is needed if we are able to profit
- 460 replies
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- Learning forex
- Should i trade in forex
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Can no deposit free money help you achieve success on forex ?
novarisa replied to kaito kid's topic in Forex Newbies
well no deposit money gives intrest more to trade in real account to get better experiences and mostly trading with own capital gives more fear whether we will gain profit o loss -
indeed, forex is a very risky business
- 305 replies
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- life vs forex
- discuss life vs forex
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Each traders who trade with their own technique and doesn't depend on someone or something would gain control over their trading. It is because they are the one who decide when to open/close the position or to decide how much they should put on their stop loss and take profit and what kind of technique they will use
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yes, with the leverage we will increasingly benefit from forex. We do not need to spend big money to do forex trading. This is what distinguishes the forex with other securities business
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Forex is a business that has a lot of risks and therefore, we must have good risk management and continuously improve the skills properly to minimize risk
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EA is good during clear signal is available usually when after economic data provided nice data and that is when a forex robot work, usually i turn it around one hour before such news
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we can use high leverage but also we must keep disipline with risk management especially, because high leverage can boosting profit and also the risk, and high leverage like as double edge of swords we need carefully to use our free margin
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already many trader proven if they reckless in trading hence they will often get failure which as trader need to manage their money with strict money management to maintain account from margin call quickly, and control over trading can help account remain safe
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practice to be consistent on the profit obtained
novarisa replied to rizal83's topic in Forex Newbies
Not doubt practice make perfect in the forex market because the more that you practice and learn the better your chance to succeed forex trading is like two way road the better one you chose the greater your success rate -
To me real estate seems much more reliable than forex Obviously that $3K is not enough to invest in a property, but you can enter an investment property fund, they have low entry threshold which starts from $1K
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Forex is a very profitable business, with forex then we will get a lot of money. To start forex does not require huge capital, we can start trading using small capital first,
- 460 replies
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- Learning forex
- Should i trade in forex
- (and 4 more)
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Can no deposit free money help you achieve success on forex ?
novarisa replied to kaito kid's topic in Forex Newbies
No deposit bonus will help us to understand about forex trading. Some broker also offer it and we can try to maximize it. Understand the rule so bonus will not be canceled -
hone your trading with a demo account and a real account
novarisa replied to rizal83's topic in Forex Newbies
It based on our trading mental, especially when it comes to the outcomes of our own trading activity -
In spite of having most powerful analyzing trade knowledge that’s not possible at all to make profit constancy without having a reliable support from a regulated trading broker
- 305 replies
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- life vs forex
- discuss life vs forex
- (and 1 more)
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Can no deposit free money help you achieve success on forex ?
novarisa replied to kaito kid's topic in Forex Newbies
It possible and as long as we want to improve skill. using no deposit bonus we wil be able to start trading in forex. We will get experience before we start trading and it will very useful -
Over trading can kill our account and we will become more greedy for this.We need follow always our trading plan and we need a proper trading plan.plan and discipline can help us to avoid over trading.if we open over position,our risk level will increase and we should not take over risk.risk is essential for forex but over trading is very very harmful.