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novarisa

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Everything posted by novarisa

  1. novarisa
    Lack of knowledge, lack of discipline and lack of risk management that they should be go back to their demo account to practice more. Besides, it takes more than 6 months to mastering the basics of this business.
  2. novarisa
    ...
  3. novarisa
    No risk, but you will gain some. It's lot more better after learning the basics of trading, to train yourself with real account, because more pain, more gain you will earn.
  4. novarisa
    Just consider it as a part of our trtading experience, just deal with it and evaluate it well so we will learn something better for our next trade.
  5. novarisa
    Training in demo account might taking some months to at least able to handle on those simple thing about forex trading. We should master the basics and get some knowledge about market analysis. Trial and error in demo account is far much better than anything.
  6. novarisa
    As long as we manage the risks well, we could earn big on forex trading. You can start it with small amount of capital on some brokers just to see if you could manage the risks well on this business.
  7. novarisa
    Wow, I can say that's too much. But it's still fine as long as you understand those indicators and know how to use them well to improve your analysis so you would put an order on the right place. Make sure you learn and try it well on demo account before you use it on real account.
  8. novarisa
    Then we should focus more on minimizing the risks of this business than focusing ourselves on gaining some profits. Managing the risks should be the first priority.
  9. novarisa
    Agree with this. Just take your time when learning this kind of business because the real business is really boring when you get the essence of it.
  10. novarisa
    As long as they have proper trading skills, they could survive on this business even they're investing with small amount in their trading account. It takes some times to learn how to trade properly on forex market.
  11. novarisa
    Agree with this. Just take your time when learning this kind of business because the real business is really boring when you get the essence of it.
  12. novarisa
    But as long as we're active on these forums, we would likely to gain more relationships with other traders. And we're also hope that we will find a mentor for our trading activity so we won't working it all alone again.
  13. novarisa
    Pretty much like that. Because we're having some funds that doesn't meet the requirement for the actual forex trading. So that's why we're using leverage in our trading activities...
  14. novarisa
    Some brokers are not allowing scalpers because they think it will be parasites for them (And I have no idea why they're saying it)
  15. novarisa
    It depends on when the trader want to do trading, which market session that suits them to do trade. Especially for scalpers, they need to do trading in a suitable time.
  16. novarisa
    It might be a good thing and it might a bad thing when you're getting addicted to forex trading. The thing is about when you could handle the risk of this business, as long as you could, you would likely to survive in this business.
  17. novarisa
    But before you're investing with that amount, make sure you're really understand about forex trading and it's risks. You might burning your $3000 if couldn't handle it wisely.
  18. novarisa
    For the most low-budgeted traders like me, I always choose 1:500 leverage on $10 capital on my own account. It's still reasonable to manage it since I only able to trade with 0.01 lot
  19. novarisa
    Source of education that we can find on internet (forums, blogs, or even your forex brokers). But the most important is you can share almost everything in this forum which is every members are online to help you.
  20. novarisa
    We need to keep focus to those charts while trading with scalping strategy. Or we may want to put SL and TP for few pips with 1:1 ratio. Make sure you're analyze and doing it right so you would gather some positive pips for your trading..
  21. novarisa
    Personaly, I always put 1:1 ratio of SL and TP on each trade I put no matter how many pips (it's always depending on my analysis about how far the price will move)
  22. novarisa
    Using small capital on real account would likely to train your trading psychology because you will feel the real pressure of winning and losing real money on each trade you put.
  23. novarisa
    With demo account, we can learn the basics of forex trading. Starting from how to open an order, close an order, place a pending order. From those basics, we can move forward to learn about how to analyze the market well in forex.
  24. novarisa
    The market is open 24 hour on 5 days and we can access it anytime and anywhere. Thanks to MT4 for android devices, we can watch our open position and close it anywhere
  25. novarisa
    We should start to minimize the risk of this business by starting with learning and practicing on demo account, learn the risks first so then we can learn how to minimize it well...
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