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bearhugs
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Everything posted by bearhugs
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whether you like positive or negative slippage?
bearhugs replied to uncle gober's topic in Forex General Discussion
Every body will love positive slippage. Who like negative slippage?... Slippage may happen on any broker such as break news release. -
why many people see forex trade as gambling?
bearhugs replied to rockstar's topic in Forex General Discussion
I think we should not think that forex is a gambling i can say we should take this trading market like any other real business but difference is we can make order in online basis. In forex we need knowledge and experience about forex trading to get success in forex. -
Risk is the part of every business. Forex also involves risk factor. There is chance of loss and profit both. So trader should be ready for handling the risk otherwise he can loss his money.
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Over trading is really bad in this business and one cannot become a successful trader if he cannot control over trade.Over trade is similar to greed and in this business we must leave greedy activities during trading.
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You can minimize risk according to your trading style but you can not fully ignore it with strategy becuase we can do our best with trading but market is not going to always in our favor.
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Yes forex trading involves substantial risk and only those who can face and manage the risk should trade in the forex market otherwise just stay away. We can make unlimited money if we learn properly but we need to learn first then only.
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Greedy is not good attitude for forex trading because it will be more easier affected us to make over-trade and never control the money management system again. So it is better to leave greed if you enter in Forex business.
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Mentor is need but in my opinion its not a must. Y0u can still learn by forum or by sharing with other traders thats more senior from you, the importance thing is, you must serious doing your process of learning.
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- Forexmentor
- forex mentor necessity
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Right, every one is not having same mind that can earn money to them but they can try luck here. Loss is part of every business field so do not worry about it. Just work hard, and focus on learning.
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Forex is for every one, any one can join it and earn money but before starting this business. There are some rules that should be followed by a newbie. You need to learn a lot about forex before you jum to this business. It is not as easy, as we see... One wrong trade can blow your account and capital.
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- Learning forex
- Should i trade in forex
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Managing risk and money if Forex is big deal for any trader. But using SL and TP is good tools for minimizing the risk ratio of trade. But not every trader know it and most trader dont use SL because do not want to hit SL and at the end they face big loss.
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Forex is for everyone, who is willing to start work with forex. And ready to learn, becuase forex is all about learning and practicing your analsyis of market. Without this , no one can survive in this business.
- 460 replies
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- Learning forex
- Should i trade in forex
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5 Ways To Make Money From The Markets Without Capital
bearhugs replied to analyst75's topic in Forex Newbies
Article has so many point to be understand by any newbie, who are willing to start work with Forex. But there are so many others points those also should be consider as here for newbie. -
Controll over trading is something which comes with practicing and experience. Not every trader is mature enough to control emotions on self for trading.
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practice to be consistent on the profit obtained
bearhugs replied to rizal83's topic in Forex Newbies
Practcing demo account is excellent tool for any newbie in market but the rule of demo is that take it serioulsy other wise no matter how many time you use demo account for learning, you are not going to understand how the market really works. -
Hie, can you explain more details about your website. More information will give more surety of how your program work and how to deal with us. Thanks.
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Greed is very bad in forex because it is what cause the loss of many traders today, it make us to take unnecessary risk and cloud our sense of judge so avoid risk if you want to last in this business.
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The main reason is that its full of money. You can grab any amount of money you want. It is fast and you can trade at any time
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I think main disadvantage of Demo is that, people do not take real account as serious because they have demo as game. And they think real account is also going to be the same.
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Get the best forex cashback and rebates
bearhugs replied to David_Warner's topic in Forex General Discussion
ForexMoneyBack!! Do this work really, becuase there are many brokers who are just scammers and i dont want to loss more money here. -
Always use a good calculated Stop Loss which can help you from big loss. But sometimes we just misplaced it some where and faces to loss. So keep in mind that SL is perfectly calculated.
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hone your trading with a demo account and a real account
bearhugs replied to rizal83's topic in Forex Newbies
Yes, mostly traders come in Forex are always have traded with demo account first for practicing the trading. Then jump to real account for real work in market. -
It's really possible to get daily profit from forex. Many traders has done it, what is impossible to win all transactions in trading. Again, it all comes down to how good a trader you are, the leverage you use and risk.