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Levie
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Everything posted by Levie
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As we can see the popularity of forex is growing day by day and we can simple say that now a days there are many people showing interest in forex business . The main reason for such a huge popularity is forex allow traders to start trade with a very small deposit and the earning opportunities are equal for every one but only skilled persons can sustain .
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proper learning and practice are most mistake that trader make that lead them to failure, we all know that learning is the first to we should do before entering here. but i think learning is a continuous process that we need to consider during trading with this industry.
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I agree with you , newbies well say, all traders must not give up. we might encounter some difficulties when trading which is really part trading, better be strong enough to face all of it, after all success takes a long time before we can achieve it, have patience and maybe in no time, you'll be one of the successful trader of forex trading.
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Ive been thinking about give forex trading a shot. If I understand this right its bying and selling valuta. And then hopefully bying when its cheap and sell when its a gain. But the demo accounts where can we find them? They are for free? When I do the google on demo accounts the ones I get is for a month free then you need start paying and I would love to have more time to learn before I start it off.
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Just remember forex trading is not a "get-rich-fast" program. It is hugely painstaking and requires patience as well as judgement. I think a newbie has to be a little meticulous when dealing with actual trading, or you may run the risk of losing all the money in your account.
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My best tips for newbies, as i am also using these are learned from other experience and get their suggestions and tips, this can be done very easily from different forums including this, and than try your skills first in demo account before entering in real account.
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Forex is a very profitable business. many advantages that we can get out of this business. With the online system then we will be able to be able to trade anytime so that it will benefit us. and we can make forex as a part-time job and full-time
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Forex learning is a long process , you have to go through this process. And if you want be a professional trader then you have to always learn it. And when you start trading new then you can learn a new thing what is important for you.
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greedy trader would not at any time be productive. Less than no circumstances get into consideration buying disorders about the greed element; Commonly visualize the reduction achievable To start with. You might want to Wait and uncover and also have important browsing anticipations in regards on the Forex sector.
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The Main reason Why Forex Fraders Fails.
Levie replied to asiaforexmentor's topic in Forex General Discussion
Spending time sufficiently on the demo accounts can help a trader develop the necessary skills to overcome the negative influence of psychology during trader. With a reliable trading system and a good technique for risk management, a trader is sure to be confident which on the overall is needed to make money int hs business. -
Learning is the most important element in forex. if you would like to do better in forex, you must need to learn about forex clearly. without learning, it is quite impossible for you to do better in forex. so you should need to learn from the beginning of you forex trading and i believe that a forex trader is a learner for all times.
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Yes I agree that some brokers give you bonus just to try their service not to make money with it. If you want to gain big profits than you must deposit with your own money. With your own investment you can plan to get how much profits per day you want and it is not waste time to get a big profits just by using bonus money.
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There are lots of learning material online that you can use to study forex, and make sure that you have deeper understanding, so you can create effective strategy that would help you get profitable trading experience.
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First of all you must know your trading strategy. If you going to trade long term or short term. For example I do trade long term and I do have 50 SL and 50 TP. But if I do short term then I guess I will just going to put 30 SL and 25 TP. In this way I can loss less. Since my earnings is less also. I'm really happy that some how I do end up making some profit in here.
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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
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I also unable to get daily profit but i also agree now probably it possible who are really good trader which we see in some hyip which giving daily profit and running from years . i also now trying to getting daily profit if it going very low amount but the main target to get some pips everyday but sorry to say still not succeed.
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Demo account contest is a very good contest which is organize by our broker to be sincere when we do and take part in demo contest I think we stand a good chance of getting profit and succees at the same time in here which is really excellent since our knowledge will kick up to require amount
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Everbody need a bonus to trade in the forex so you dont expect when a trader is been given a bunos and you think that you can reject such bunos that is not possible is like rejecting free money in here so I even need more and more in my broker account
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If a person wants to study forex, he or she should be able to learn how to trade by making use of the internet. It is in the internet that you can find any information that you want to find about forex and be able to learn very well. You can make use of video in you tube and learn.
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It actually takes time for one to be comfortable with their trading strategy and find one that works for them. You need experience to become a better trader with discipline and one who can control their emotion in the admits the pressure and still make rational trading decision,There is nothing easy as a result therefore.
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me, i am with ForexMart now, so far i can say that they are good on services, they make sure that they immediately comply on clients concerns. polite response. so far so good. looking forward for more successful work with this broker.
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Yes, because they are giving a bonus so it's just right that they will ask for documents. I don't know perhaps there will be lots of people will take advantage with the bonus because as we know we can trade it and there's possibility that we can earn something from it.
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Managing your risk can lessen the risk of loss, forex trading is a risky business, so you need to be wise and knowledgeable on how will deal with it, Everything might happen here, be prepared and have patience on doing work in forex. In no time maybe you'll be one of the successful trader.
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Yes, we need concentration when we do trading, it helps us create effective strategy for profitable trading. make sure that you have knowledge on how the market flow.
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Importance of Demo Account/virtual account in Forex
Levie replied to abdulla1's topic in Forex Newbies
i think that is the best use of demo trading to test out strategies. besides learning how to trade. we should make all the mistakes we can in demo trading so that we won't be able to make as much mistake or avoid mistake as much as possible in the live trading.