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Everything posted by Sininfinity
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Agree with myfxbook. But there are monitoring sites where people can manipulate their results. And it is really easy for newbie traders to fall victim for those.
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The Real Trading Success. It’s Not What You Think
Sininfinity replied to analyst75's topic in Forex General Discussion
This is all that matters. It is up to us and only us that how we approach the market and how we act on the market with the skills we got matters. -
In forex trading we actually deal with 2 countries because currencies come in pairs. So 2 country's economies are involved and not just one.
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not necessary to complicate your trading process
Sininfinity replied to Gee Dee's topic in Forex Newbies
If one goes through a forex school then it is taught there to keep things simple. But those who use complicated methods, I don't judge them. Different people have different ways to approach the market. -
Capital security is wise to choose a licensed and credible broker
Sininfinity replied to Gee Dee's topic in Forex Newbies
Have you seen the conditions? Basically you are not getting anything other than rebate and paying extra charges. Rebate offer is much better than those conditions. -
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Also people should not listen to recommendation that they see most of the time. They should try the broker themselves and see whether it meets their trading requirements or not.
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Avoid the pitfalls of forex trading robots
Sininfinity replied to Nadilapars's topic in Forex Newbies
I myself never believed in a piece of code which will trade on behalf of me. I have always relied on my own and even though I have tested robots but never traded live with them. -
If a trader can bring positive pips consistently, then money in the long run would not be a factor. Eventually the trader will find a way to increase his or her capital.
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Well for technical analysis all traders does not need technical tools. Just the chart and some basic built in tools are enough. But if you are starting then using indicators are not a bad idea. Eventually most people remove them from their chart.
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It is a good thing you are doing that you are using stop loss. Just wanted to ask, did you learn by mistake that stop loss is necessary or heed other's warning about not using stop loss?
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If you are doing long term trading then doing fundamental analysis will help. What you said, from that I can only guess that you do not have a trading plan. Hope you have gone through a forex school.
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Agree with you. I myself am not a successful trader yet. And have seen enough marketers claiming to be successful. Others who claim they are earning decent money from forex, they try to stay conservative. lol
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"Make money from Internet" and do Forex Trading
Sininfinity replied to VishalM's topic in Forex General Discussion
Congratulations from me. It's great you have had success with surveys. Did you get $1,000 by doing all surveys by yourself? If I am not wrong then you are from India & does Indians get more surveys than Americans? If so, how do you get qualified for that many surveys? Also if you don't mind, then I suggest you to change your website's look. It looks horrible. Please forgive me if I made you feel bad. -
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There are many things a trader needs for success. Listing all of them will require review things. lol Some of them a emotional control, education, patience and a trading plan.
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I do not suggest others to follow someone else's strategy. If you can not make a strategy on your own then look for one and then make it your own before using any real money on it.
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If a trader trades regularly then he will know that his analysis will not always bring positive result. And he will learn to accept the losses that occurs during trading. And will find a way to minimize those losses.