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Everything posted by Sininfinity
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Understanding the Basics of Forex Trading
Sininfinity replied to RusefTrader's topic in Forex Articles
Understanding the basics of forex trading is a necessary thing. Everyone should go through a forex school and should learn the basics before putting any real money on their trading account. -
I personally think partial order fill is better than slippage. Wish forex market had that kind of mechanism.
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Agree with you. On book things look very lucrative and good and easy. But in real life these things are much more complicated when we try to apply our learned knowledge. We find out a different world.
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Want To Make Money Socializing?
Sininfinity replied to Alick Bannerman's topic in Cryptocurrency General Discussion
Those kinds of sites actually does not make anything. I have seen a few in the past and they have not been heard of. But was promoted heavily. -
bitcoin What is Bitcoin?
Sininfinity replied to Moderator's topic in Cryptocurrency General Discussion
Well I have heard about crypto games. But ultimately you stay in losses in the long run and someone I know who did it said it was not worth the effort.- 43 replies
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- exchange btc
- rate
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Word of mouth is the most effective method of advertising. I don't know where you are from but asking your nearby businesses or observing them do promotional things may help.
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Traders have the freedom and that is what attracted me most in the forex market when I started. It has the potential to make one financially free and also a trader is free to decide his own time to trade.
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Eventually there will be loss. And that is why there is a stop loss option in the trading platform. But your message was ambiguous. Can you please describe a bit more?
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I never had the feeling that over the counter sounds like gambling. May be that is because I went through a forex school first and knew about the what is over the counter means.
- 76 replies
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- forex v/s gambling
- forex or gambling
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I also don't support the idea of trading all day. There should be a range when a trader trades. In forex trading no one gives the trader the order and the trader should be able to choose his or her own time rather than devoting himself to all the time in to trading.
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Agree with you. Demo will not train emotions. But there are things to learn about the market and the trader himself before learning about emotions. Once they get some understanding of those and then they can try real trading with a small amount.
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An investor may choose traders randomly to verify individual trader's track record and may want to see how a group among them perform. There are lots of ways an investor can judge a group a trader he or she is copying.
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It would be wise not to trade crypto currencies on a forex broker. Because the spread is much higher on a forex broker than crypto currency exchange. If you want to trade then it would be wise to trade on a exchanger.
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Do not ever take a big risk if we are not able to do so
Sininfinity replied to rizal83's topic in Forex Newbies
That many traders do not lose because they all take high risk. There are various reason for trader's failure and high risk is one of them. And personally I don't like to hedge my trades. Stop loss is preferred. -
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Would you please describe what kind of target is that? Do you want to make monthly or yearly profit? Or it is certain amount you want to earn from your trading?