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Sininfinity

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Everything posted by Sininfinity

  1. Well I totally don't disagree with you. But everyone in this business can not have a big capital and their investment is limited assuming they are investing what they can afford to lose. And smaller investment can be turned bigger if a trader can bring positive pips.
  2. I disagree with the "help us making better profit" part. It should not be expected from a mentor and traders should seek for guidance and find their own ways to make profit. After they have found a profitable strategy, then they can discuss with their mentor and can benefit from their wisdom but the ultimate decision should be the trader's own.
  3. Actually there are. The investors in copy trading business analyze traders and also they don't copy one trader. They divide their investment in several traders after they have optimized their risk return from their selected traders.
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  8. High risk brings higher return but traders should not bank on that. They should risk the amount which they can afford to lose. The market shows no sympathy who becomes greedy and can take away everything a trader has has so he or she has to think carefully about taking risk.
  9. New traders should not use higher leverage. They should understand what leverage can do and how leverage works and how it can help or destroy them. Then they should be taking decisions about what leverage to use.
  10. There are many trade management robots out there and using them is not harmful if a trader is using a systematic approach. And the trader does not want to stay in front of chart so he can set up the robot to do the things for him when certain conditions are met.
  11. I have similar thought. lol Mobile phone screens are so small that it hurts my eyes to even look at the charts. lol I am used to watching charts on big screens and if that is not there then it makes me very uncomfortable to trade.
  12. Yeah the managing thing applies to all businesses. A person has to be good at it. And when it comes to forex trading then a good money management can make one a successful trader. It may be a lengthy process but it can.
  13. That's right. I have seen some people can make profit but when it comes to withdrawal then they need their manager and their manager goes on vacation or unreachable and other excuses for not to pay. In a non dealing desk forex broker there are no problems like these.
  14. Well in my opinion new traders should not use more than 1:100 leverage in their trading and use the amount which they plan to trade on their live account. That way they will be able to see the potential of their trading and can learn from the things they do.
  15. Well what you said sounds logical and a good idea to be honest. But it won't be followed by most traders. When it comes to free money people forget what their main aim should be. It is better to achieve success slowly rather than forcing it to come. That may not be fruitful for some traders.
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  20. Following a well developed trading strategy will save people from facing large amount of losses. There is a reason why there is a stop loss option in our trading platform and that is because we can save ourselves from those unwanted moves.
  21. If a trader learns to accept this and moves ahead then he can work on a method which will cover losses and will bring more positive pips in his trading. It may not develop in one day but in the long run it will prove beneficial.
  22. Well said. A trader won't be lucky all the time and will have to run out of at one point of time or another. So better not to rely on luck and take necessary steps which are necessary to fulfill your own goals.
  23. I have seen many people who took bonus go looking for extra money. That is one reason I don't like free money. If we want to be in the market for a long term then we should be working on a profitable strategy and not go looking for free money. Others may disagree with me but it is my view about free money.
  24. Discipline does not come in one day and a person has to be disciplined with his strategy. So using a strategy and working on discipline will be a good thing in my opinion.
  25. Well this is a good site and when I need to check the price of any crypto currency I visit the site. Easy to find and navigate and also have a glance at the historical data.
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