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novarisa

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Everything posted by novarisa

  1. novarisa
    I can say less of newbies are interested on long term trading since most of them are prefered to do scalping as first strategy on their real account. It needs a better analysis skills to predict the market price movement for certain days
  2. novarisa
    Being discipline on forex trading is pretty important if you want to survive and saving your trading account in forex trading. Prevent yourself from overtrading and never place an order that wasn't come from your own analysis.
  3. novarisa
    Because that's the part of our experience and we should consider it well. There's no perfect efforts on every activity like it's about you're about to life and win forever. Every person has their own downfall
  4. novarisa
    There's no perfect efforts in every things we do in this life, including forex trading. Therefore, we can consider loss as part of our trading experiences so we could evaluate it to prevent the same mistake.
  5. novarisa
    No gut feelings when it comes to analyzing the market price. Most traders are using technical analysis (with help of indicators) that analyzing the patern of market players on forex market.
  6. novarisa
    Kinda prefer low leverage to increase our money management skills because we may consider the advantages of higher leverage but we also need to remember that the risk is pretty much bigger.
  7. novarisa
    Optimizing our profits with trailing stops (especially when the market goes bullish or bearish) will also optimizing our overal outcome on our forex trading activities...
  8. novarisa
    That's why we need to consider this, balance it with our capital when it comes to forex trading. It's very risky if we select the bigger leverage but we couldn't handle the risk of it...
  9. novarisa
    Not at all.. We might want to invest to PAMM accounts but you won't get your maximum income from them. It's a good thing if you learn how to trade it by yourself even you need time to learn it well...
  10. novarisa
    But the psychology effect is far different between demo account and real account. You may want to practice your trading skills on demo account but you will never enhance your trading psychology on demo account. You need to move to real account (at least with small capital) to train your trading psychology.
  11. novarisa
    It depends on the broker itself. You would likely found one or two that forbid news trading while most traders love news trading.
  12. novarisa
    But if you're a beginner in forex trading and have no idea about forex market at all, you should get yourself use to forex trading by learn without any risk in a sandbox called demo account. It's a good place for you to learn and practice more about forex trading.
  13. novarisa
    It's much better to use demo account to learn and master some trading skills before you're putting your investment to this business. Never start it real without any proper knowledge and proper preparation or you will lose all of them in a short time.
  14. novarisa
    Agree... Some traders are using their EA when the market condition is not too volatile because most code on EAs are not dynamic when facing forex market
  15. novarisa
    As long as we keep our patience on using our no deposit bonuses, we can achieve several money without risking anything. But be aware, some brokers might hiding some terms and condisitions that could make your bonus is difficult to withdraw.
  16. novarisa
    For beginners, using 1:500 on $10 capital would be enough to train their mental on trading first. decreasing their sense of greed and try to collecting small profits first...
  17. novarisa
    But we have to sonsider it seriously when we sellecting the leverage for our trading account. You may sellect the bigger leverage because of it's advantages, but you need to consider the risks too...
  18. novarisa
    Using the advantages of demo account to train and increase our trading skills that will ensure our success in live account. Mastering trading system and mastering market analysis.
  19. novarisa
    It's better for newbies to learn how to trade well in demo account and demo contest account. Because what Gaban said is pretty much accurate, it's a risky business and you would likely to lose all of your investment if you not learn it first.
  20. novarisa
    It's better for us to well-known about forex trading first before putting our funds as an investment in this business. Learn it first before you're about to jump into this high-risk business...
  21. novarisa
    You may using EA when the market condition is stable. But be careful, the market itself is not always stable, especially when the volatility itself is very high. It's better to trade manually because we can analyze it by ourself and manage the risk of losing on each of our trades
  22. novarisa
    Trading with demo account is the right place for newbies to get some experiences withouh facing any risks. Improve it with learning some indicators and how to analize the price on the market so you will get yourself ready to trade in live account.
  23. novarisa
    That's why we should consider when sellecting the leverage of our account that based on our own capital...
  24. novarisa
    Kinda agree with this. We need to prepare our trading strategies, along with our daily target so we could prevent any overtrading that would likely hurting our account.
  25. novarisa
    The most important fact that every traders should know is that we will never know where the prices will going. We can just predict it and it's not that 100% accurate.
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