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Everything posted by Sininfinity
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It is a lucrative amount to look at. But to some traders this amount is also small lol. We are small traders now but there will be a time when the $1,000 earning would seem to be small. I hope that time comes for all of us soon.
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Regulation, Do this really important for broker?
Sininfinity replied to myregister's topic in Forex Newbies
Lol. So true. It happens with those traders who use dynamic ips and internet connection from same isp. I have seen so many cases like this. lol But luckily I never faced any problem like this. -
Can no deposit free money help you achieve success on forex ?
Sininfinity replied to kaito kid's topic in Forex Newbies
I share similar point of view. In addition to that those bonuses diverts new traders from their main focus. Which should at how to bring positive pips instead they search for where they can get no deposit bonus. -
A good money managment system can give you success
Sininfinity replied to Levie's topic in Forex Newbies
Agree with the title. On a youtube interview I saw a trader saying that one of his trader friend loses 95% of his trades but the 5% wins he gets covers all losses. The key behind it is proper money management. -
Positivity about everything is something I do not support when it comes to trading. For example, I don't support expert advisors trade on behalf of humans and I always express negative things about those kinds of expert advisors.
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hone your trading with a demo account and a real account
Sininfinity replied to rizal83's topic in Forex Newbies
You are right. Determination is needed to get success in the market. The process will take a long time. And it won't be an easy journey. And will take a toll on trader. But if he stays patient then the end of the journey would be fruitful. -
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Not only greed but an kind of emotions which gets involved during a trade would not be good for trading account. So people should plan a trade before entering one.
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Regulation, Do this really important for broker?
Sininfinity replied to myregister's topic in Forex Newbies
In my opinion, it is not possible for a broker make everyone happy. And in other discussion threads we have seen some people doesn't like to accept their mistakes and blame it on something else. So majority feedbacks would be wise in this case. -
Can no deposit free money help you achieve success on forex ?
Sininfinity replied to kaito kid's topic in Forex Newbies
What you stated, I agree with that. But most traders mindset does not work like that. Free money diverts their attention from where it should be. So they should be using their own money for proper training. And what they can afford to lose. Just my 2 cents. -
I prefer to keep the blame game out of trading. Blaming on anything won't bring anything positive for a trader. And what does not benefit one's trading, getting rid of it is a better option in my opinion. Focus on what will bring positive pips to our account.
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For newbies I support them making mistakes is because it gives such lessons which no forex school can provide. A newbie trader can open a trade. But during that trade emotions and judgements he or she makes can give valuable insight for him or her.
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What you said is right. But the sad part of this is that many people learn it the hard way. They focus on making money first before making a sound trading plan. Until they gather enough experience they fail to realize how valuable a demo account is.
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Yeah. With a demo account, a trader can develop his or her trading plan without spending money and when that is developed then he or she can train emotion with an amount he or she afford to can lose. After that look for other opportunities.
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Why do you think people are scared of investing in forex?
Sininfinity replied to Levie's topic in Forex Newbies
You gave a new viewpoint. Thank you. Yeah there are other fields people can invest. But I was talking about when it comes to investing, it is not everyone's piece of cake.