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Levie
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Everything posted by Levie
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if we want to study about the forex then we have to read about it on website that contain information about the forex or we can lear about it by watching video so learning is not difficult but problerm is that we have to avoid mistake in forex so that we have to able to get profit.
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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.
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for me, 4 days trading are enough, friday would be my rest day. sometime I am only open one order a week, but have strategy for swing trading with use averaging strategy
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exactly, loss is part of trading, And it takes time to heal your self from experiencing such unfortunate loss. Better do if ever you encounter loss, pause for a while, refresh your mind and think of new strategy that can help you bounce back from what you've lose. This time, be wiser not to repeat mistake again.
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There are a lot of platforms beside of metatrader, but metatrader until now is the most popular platform that used in forex margin trading. But this is not the best because each traders flavour is different. For me MetaTrader already more than enough for my trading and it is very useful with its expert advisor enchancement.
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Are the upload of documents must to claim the free money and withdraw it... I have seen several Forex broking sites in the past which offers free money but all those require us to upload the documents and not only that, there are some additional terms and conditions related to the withdrawal of the bonus money given by them.
- 148 replies
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- bonus
- free capital
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(and 1 more)
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I need a bonus from brokers because this thing will help the newbie traders to start trading without their own investment. It is good for the traders to be able to take advantage of the bonus that the brokers are giving in other to be able to make profit from it. This thing will help them not to risk their own money.
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very true indeed if we should also have a monthly target on our trade order management of our money would be better but we can not do that if we have not been able to do a run consistently on a daily profit on the trade we do because to get any profit target month will be very difficult if we can not be consistent with our daily profit
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any traders I am sure have different parameter to set stop loss. the level depend on risk reward or previous support or resistance level. the key point is traders not set stop loss too tight which causing it to get hit many times when market spikes and very volatile.
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What are the tools of successful trader???
Levie replied to showrov1993's topic in Forex General Discussion
For me, the tools for successful tradings are knowledge and patience. This two are important to reach our goal here in forex trading. don't rush getting huge earning in forex. It takes time and effort before you can get it. -
The Main reason Why Forex Fraders Fails.
Levie replied to asiaforexmentor's topic in Forex General Discussion
This is right that one should be good in capital management and risk management to succeed in forex trading, other think you should not be scared to book losses as they are often in forex, those brave enough to let trigger stop loss admitting they were wrong in predicting stay longer on terminal. -
What are the tools of successful trader???
Levie replied to showrov1993's topic in Forex General Discussion
only the knowledge is the best tools in the forex if we want to earn some profit then use your skill in forex trade .if we have good skill in the forex then we can earn huge profit in the trade but we loss our invest if we have not enough good skills in trade. -
yes your right, its a part of trading with forex. But we can never tell when it will happen, so we have to be fully learned so when it comes, we know to handle it and lessen the risk of our account. knowledge is very perfect thing to have for you to have smooth sail on trading.
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Low spread is good for the trader who want to do scalping technic. I like trading with ECN/STP account in Tickmill. ECN/STP model provides clients with direct access to the other Forex market participants (retail and institutional). Broker do not compete with clients or even trade against them. This grants clients more advantages over dealing desk market makers.
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The Main reason Why Forex Fraders Fails.
Levie replied to asiaforexmentor's topic in Forex General Discussion
This is right that one should be good in capital management and risk management to succeed in forex trading, other think you should not be scared to book losses as they are often in forex, those brave enough to let trigger stop loss admitting they were wrong in predicting stay longer on terminal. -
each of every one of us can encounter loss. its all about our mindset on how can we solve it. And start a new beginning.
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how we can be successful in forex trading? of course we should have increasing trading skills, success in forex is not as easy as we thought. to be successful we need to have good trading skills. for that we need to improve the ability trading. Follow the demo contest can improve trading skills
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What are the tools of successful trader???
Levie replied to showrov1993's topic in Forex General Discussion
only the knowledge is the best tools in the forex if we want to earn some profit then use your skill in forex trade .if we have good skill in the forex then we can earn huge profit in the trade but we loss our invest if we have not enough good skills in trade. -
Why do you think people are scared of investing in forex?
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There are lots of learning material and videos that you can use for you to study forex trading, have a deeper understanding on it so you can create effective plans for profitable trading. we are all started on learning but it doesn't mean that if we get profit we are now an expert trader. we must continue learning. Its our way to success,
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I advice all new traders to be patient, at least for now. Don't look at the profits others are making, concentrate on learning the steps of the trade. If you miss your foundation on forex, its likely that you will fail.
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I agree with you , bonus is good for new comers of forex, they can get free capital from their broker even with out depositing any amount of money. just make sure that they request and send application for them to get free bonus from the broker.
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Even there is no resource but that thing could be true, you know that everyone can trade especially with internet around money laundering will be an easier thing to happen, i can even do that but i think that is not a good deal to do, and i think gangster and mafia even can do that if they really want , and forex is an easy way to make your "dirty" money to" clean" money.
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When Did you start your First Trade?
Levie replied to kiranchandra's topic in Forex General Discussion
I will start my first trade after my demo trading. At first I need to do a demo trading and learn more from there. And then I need to start my real trading and It will be better for me, because forex is a risky business too. -
i think that we should not make it a goal to profit daily. cause not every day there is good market situation. but i think that we should aim for an earning each week. like having a goal of getting good amount each week.