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Everything posted by novarisa
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Because on demo account, you can make several simulations of trading situations that you can use to train yourself so that you can be ready for real account.
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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
Agree, you can make a simulation of some trading conditions in your demo account. Test it and make sure it suits to your trading system. -
practice to be consistent on the profit obtained
novarisa replied to rizal83's topic in Forex Newbies
Agree, being discipline in your own trading system is not an easy task to do it. We're often got our emotions involved when it comes to make a decision. -
Agree with this, since we can learn it by ourselves, we just need to dedicate ourselves and being disciplined while learning it alone.
- 361 replies
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- Forexmentor
- forex mentor necessity
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It takes time when it comes to learning something that you can earn more on the thing you have learned
- 305 replies
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- life vs forex
- discuss life vs forex
- (and 1 more)
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Agree, and make sure that you are involved to manage the risks that the EA won't manage it that well.
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hone your trading with a demo account and a real account
novarisa replied to rizal83's topic in Forex Newbies
But getting experiences on real account is pretty good for us to consider it as part of our trading lessons since we can learn from our mistakes. -
It's not about controlling the way you buy or sell on forex trading. But it's more to controlling your emotions to prevent any reckless act
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Should I put a lot of indicators on my trading chart?
novarisa replied to flybiz08's topic in Forex Newbies
Agree, you can use many indicators to help you in analyzing the price in the platform itself. -
Long term trading for newbie will be more profitable
novarisa replied to euro's topic in Forex Newbies
Yes, but if you don't have huge amount of investment, you can try to use cent account to train your money and risk management. Make sure to control your own greed since it's only in cent, not in pure dollars. -
Agree. You can also use demo account to see if their trading terms are suit to your trading system. Make sure to take your time on trying it so you can know the details.
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It;s not that effective since the seniors are only showing up their skills without teaching the juniors how to get it done. It's better to have some mentoring from the senior.
- 361 replies
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- Forexmentor
- forex mentor necessity
- (and 4 more)
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hone your trading with a demo account and a real account
novarisa replied to rizal83's topic in Forex Newbies
But our psychology, it's involved on real trading because it affects our own decision when it comes to facing the outcomes of the trading itself. -
It's including our emotion control to handle such outcomes from our own trading. Also including the prevention from such overtrading that makes it even worse if it happened.
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The mentoring itself is the good way to force ourselves from such laziness. Sometimes when we learn it by ourselves, we always confirming our own research without asking someone about it.
- 361 replies
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- Forexmentor
- forex mentor necessity
- (and 4 more)
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Why do you think people are scared of investing in forex?
novarisa replied to Levie's topic in Forex Newbies
Well, as long as we understand the risks and trying to minimize it with the proper way, we can surely receive some good profits for our trading activity. Just make sure to learn about it first. -
The addiction itself came at the first place of our profitable trading, we feel that it's easy to earn some money that sometimes makes an overtrading.
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Yes, because most of traders still working on their offline jobs and considering this business as their side job. So that they can get additional incomes from Forex itself.
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People began to addicted to forex because they can make some money easily in short period of time. Some people still thinking if this business is a gambling.
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Every business has their own risks, make sure that we really considering about it and try to minimize it really well so we can get some good profits.
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Well, I'm not that much depending on forex robots. Most of them have no clue on how to manage the money, we just set them up and put it to work.
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hone your trading with a demo account and a real account
novarisa replied to rizal83's topic in Forex Newbies
Because on demo account we can simulate our trading system and test them out, it's good to maintain our trading skill so we can be better. -
A routine analysis will always giving us a chance to make some good profits every time we doing it. Just make sure to handle the risks too.
- 305 replies
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- life vs forex
- discuss life vs forex
- (and 1 more)
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hone your trading with a demo account and a real account
novarisa replied to rizal83's topic in Forex Newbies
Because on demo account we can't feel the psychology effects of earning or losing money, that's why we need to moving on to real account...