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bearhugs

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Everything posted by bearhugs

  1. Review sites can be helpful for checking online user reviews about any broker, so do check them for more information about broker details.
  2. You can say all these things about OctaFX but i have not traded with this broker yet becuase i am still on learning mode.
  3. Currently there are lot of brokers which are providing less spread with no requote. But We should not be looking at brokers that have lowest spread here but what we have to understand here is that we must be able to look out for brokers that can give us varieties of trading avenues such that we can explore the market to make good profit from the market as well because that is what we have to apply when trading in the market.
  4. The main difference is using of knowledge and real experience. You must have to gather proper knowledge of Forex and years of experience need before enter in Forex trading. So forex is not a gambling or other fraud.
  5. I think here is a great place for anyone to earn some extra cash while they are in other jobs. It gives a chance to learn and earn at the same time.
  6. The market is constantly on the move, creating new opportunities for those traders prepared to take advantage of them. So be aware with over trading.
  7. We need the guidance of a mentor in trading. But i am not sure about it because there are many success trader who learned and practiced with self taught, they did not have mentor or teacher.
  8. The first problem in a real trading environment is that of latency or slippage which we have not face in demo account that is why we think there are difference in both account.
  9. Each broker has its laws and policy and already there are some brokers do not allow trading scalping because they think it's high profit and those are always market makers.
  10. bearhugs

    New here

    Hie, sohaib. welcome to the forum. You will find so many articles on advantages and disadvantages of Forex in this forum. If you want to learn forex then start with babypips webschool for more detail information.
  11. I think 75% of the traders are EUR/usd currency pair lover because in that pair we can understand the market movement and easily analysis through fundamental news and technical analysis and earn a good profit.
  12. How it works? If i loss then how i will get paid for the loss? I dont understand what is the process of earning in this website.
  13. Demo is the mother of learning and we have to learn this market well at first the more we learn the more we will be succeed here. Some people complaint that real account are differe then demo but the problem is that some broker do such things. I have noticed that many broker do the same with their demo and real accounts.
  14. I think yes, we should control our trading first. I like to work with my strategy so that i can avoid my mistakes and can have a good amount of profit with my account.
  15. I think its hard to time specifiy for demo because not every man have same ability to learn and for this its may differ from man to man but 6 to 1 year is good time for newbie before real world.
  16. Stop loss and Take profit is the weapon against the huge loss, its keep the trading account safe from the huge loss and there are large number of people are using such kind of of tool and enjoying their trading efficiently.
  17. I think forex trading is good way to invest our money but we should not start trading without knowledge of market analysis because we cannot trade proper and therefore may lose our money.
  18. Take profits can be used with the traders that want to make fixed number of pips and so they use take profits to lock on their profits.
  19. I don't know many about the binary options or how does it operate? But Forex is trusted business fore me which has huge potential for making money.
  20. It depend on every traders own capital. the best leverage to use in trading depends on your understanding of leverage.
  21. As a newie, i am looking for a new broker for my account. There are so many brokers in market but choosing one very difficult for me. So what i want to know about this broker is, how the trade execution works, also want to know Payment processor system of the broker. Any help, thanks
  22. es every trader actually have same opportunity to making huge profit from forex trading, but few can do it.
  23. Trade every day or only one day a week this depend on yourself. I also use to trade every single day, but when I talk about daily trading it does not mean that I am stuck all the day in front of my PC.
  24. Forex trading success not so easy. I think to succeed in forex one should learn forex first before real trading.
  25. Yes i can trade without emotions. Emotion is a part and parcel of human nature. We can refuse emotion but we can control it.
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