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Levie

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Everything posted by Levie

  1. It is the best thing to do. Greed is bad and for the trader to trade better, he must abandon greed. It's something that is in some people as that which they have grown to have. But then, it brings forth a lot of things which centers around failure. Greed is responsible for losses and there is a higher tendency of the trader losing due to such.
  2. Totally important, i don't know if you think that is not important but Concentration in forex is really important and also it is one of the basic thing that each trader should have so they can reach more profits, there are many factual thing that we can look outside that mostly trades cannot make a good profit and make more loss when they are not concentrate with forex
  3. You might not have the need to stop trading in the Demo account no matter the circumstances. Demo account offers you a great deal of knowledge and a chance to always make amends. It is a place where the trader simply would beckon on for knowledge improvement and enhancement. Trading in the demo account is not just fun but economical.
  4. bonus is very helpful for traders, depending of each trader. If you can make the best use of the broker bonus. The bonus is given does not have to get into the trading account the bonus does not go into the account until certain conditions are met, equally as beneficial. So it depends on the choice of trader
  5. This is a question that most newbies ask and of which, a concrete answer to it is quite difficult to find. There is no specific point one would say he would set the SL and it will be the best area. Just as it is best to set it close to the support and resistance, it can also be best from our analysis, that is how we can dictate the best point.
  6. I think demo account must be the first step for all new traders. Demo account is very important and must be assume as a live account, If we can than we can train our mentally to be discipline and patience. Also in demo account we can forward test our own trading system, so we can develop it into a profitable system. After that can be use in live account to make more profit.
  7. Not only that we need forex forum but the same time we need to have forex account and trade using demo account and better yet real account and trade using bonuses funds. In this way you can try to study more strategy and same time earn enough knowledge and know how before trading actual/ real account.
  8. A bit easy and perfect way to earn money, you just have to be knowledgeable on hoe the market flow. And manage everything especially your funds so you won 't have difficulties when you start on trading with forex.
  9. Forex trading might be the best online earning source but i also believe it the hardest source as well,regardless of the amount one can make as a Forex trader,the risk involve in it make it the most difficult one as well,though proper learning and discipline will definitely lead to success when trading Forex but i can tell Forex is the best online money making source
  10. I agree with you, up to now and i think for forever people will think about the fees too which means that as trader you must re-check your cost and calculate for the worst in this case as forex trader is spreads which already accounted to our position since we opened it. You can try more ECN brokers out there, most of them offers prime support and also for its server it has 99% up time.
  11. we can make forex as the main job if we have a good ability in the trade and also has a very large amount of capital and that we should be able to have if you want to make forex as the main job, but if we still do not have the ability and the amount of capital great then we will only be able to make forex as extra work for us
  12. Well, before you can make a good analysis, knowledge must be there. It is only with a good trading knowledge that you can make a good earning and there is no way that good trading would come up without knowledge. Knowledge is the key to skills so far as Forex is concerned and a trader who wants to make money fro Forex would really have to be up and running.
  13. well friends Forex may be the strongest along with much better place where you can earned lot of funds via internet. Forex may be the grand large business which is trusted then other online income generating places. On the other hand it requires more attention with knowledge to earn from this.
  14. We all have our chose when it comes to a broker, And i suggest that make sure that they are trustworthy, Atleast you know that your money are safe with this broker.
  15. Exactly, Even the if you are an expert trader. You must still continue learning new things. so you can improve your trading knowledge.
  16. Some say that 6 months is enough for you to stay on demo account, but i think as long as you think that you still time to practice on it, you must still practice on demo account, at least when the time comes that you decided to open a live account, you have now an idea on how it works. And make sure that you manage everything especially your funds, So you won't have difficulties when you trade.
  17. Totally important, i don't know if you think that is not important but Conceration in forex is really important and also it is one of the basic thing that each trader should have so they can reach more profits, there are many factual thing that we can look outside that mostly trades cannot make a good profit and make more loss when they are not concetrate with forex
  18. The main reason behind the loss or failure of many of the faithful to Forex traders because Il inexperience and lack of education and also due to the greed in a for more profits
  19. Start on learning all important details about forex trading, so you can create effective strategy that would help you have profitable trading, its all about skills and knowledge.
  20. Yes now a days there are many people getting into forex every day and at the same time there are many quit forex all the times because of its liquid market . and now a days forex has become a best online business and that is helping the skilled people to gain some money at the same time. i really love to trade with forex .
  21. I'd stayed on demo account for 7 months until i felt that i am ready to open a live account. But i still continue gathering important things about forex, because i know it would help me improve my trading skills.
  22. Successful forex trader must ensure that they have proper knowledge and skills on how to deal in the forex trading market this are just the real case over here as for me i think the best thing for you to do if you want to succeed is work hard and that is all
  23. knowledge is something that is important and many traders seem to ignore it because they think that they can trade without learning forex or having a tested out trading strategy. They just assume that they can the luck that can sustain their trading and get to a point when it can be profitable for them without knowledge or practice.
  24. traders make money by buy and sell currency against other currencies. though it seems simple, basically, require analysis to produce good decision and make profit. traders can trade whenever they want though market run for full 24 hours. open position at the good timing will make the chance to make profit grow higher.
  25. Just they also ignored having preparations and management which are very important. For sure if they know it they can atleast minimize the losses and not blown their trading account. We should already know that in forex mistake will mean most of the time losses in our trades. Although, its normal for new traders to have mistakes.
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