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Everything posted by Sininfinity
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Well everyone can not stay in front of their PC all the time unless it involves their job or a full time trader. Mobile trading is a convenient option but real trading is done on a larger screen.
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
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Well I do not support robots but there are good robots exists there. But they are not available on the internet and used privately. So chasing after robots will not bring good results. We should focus on where we can bring positive pips to our account.
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Well don’t agree with the gambling part but I am not a fan of binary options and prefer to avoid it. As options trading goes it does not bring any good in the long run.
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One thing traders should accept that there won’t be any instant profit in the forex market. Everything good takes time and effort to come and traders should be realistic when approaching the market.
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Well it is good to have someone to guide you when you are lost and need guidance. Better than finding things by yourself which makes things much more difficult.
- 361 replies
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- Forexmentor
- forex mentor necessity
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5 Ways To Make Money From The Markets Without Capital
Sininfinity replied to analyst75's topic in Forex Newbies
Well focusing on maximal gain would not bring good result. It may work once or twice but not always. Focus on optimal results and that should be helpful for you in the long run. -
Lol. If there was a time machine then no retail trader would have made profit. It is not something which retail traders could get their hand on. And as you said, since we can not know how the market will move so to maintain our risk we always should use stop loss.
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Well said. That is why forex school teaches that not to put all eggs in one basket. And about controlling emotions. These are not easy things to do but if one wants to succeed then it is necessary.
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Success requires sacrifice. By sacrifice I mean it will take a toll on trader to achieve success and a trader will go through lots of hardships to go there. But those who are determined will reach there.
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practice to be consistent on the profit obtained
Sininfinity replied to rizal83's topic in Forex Newbies
Trying to get maximum is not really a good idea in my opinion. Take what market offers and don't force the market give you more than it offers. Otherwise what the market has given you, it will also take that. -
I agree with you. First thing is to develop a good trading plan with which a trader can bring positive pips and then try real trading with a small amount to see how he is doing and how his emotions are affecting him. After that a trader can go in the market and trade properly.
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Well said. But some people try to achieve the goal within a short period of time. One or two may get lucky but this will not happen in most cases. So those who want to make a living from forex trading long take a look a the big picture and build a longer term plan.
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- life vs forex
- discuss life vs forex
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Well one should also keep that in mind that they can not be right all the time. No matter how good their analysis is, it will become wrong at some point. So traders should consider losses in to their trading plan.
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A good example. If Edison had given up and did not had the determination to be successful then he would not have invented it. If you want to truly achieve something then you have to keep trying until you achieve it. There will be lots of obstacles but they should not prevent you from reaching towards your goal.
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Well that is the right approach in my opinion. People should not force themselves to trade everyday and should focus on trading when they find a profitable trading signal which does not always occur.