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standart
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Everything posted by standart
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hone your trading with a demo account and a real account
standart replied to rizal83's topic in Forex Newbies
well, traders trade on demo account since they are has no knowledge and experience. they are practice there and observe the market. and after found the best and suitable strategy, they are jump practice on live account. in order to know about psychology trading and practice to control their own emotions. -
brokers earn money from spread and they are trading too on stock, commodities and forex market. besides brokers, they are basically a trading company too. has own money to trade and they are get additional money from traders client. brokers won't transfer order on the market when traders trade with small margin size. while if traders trade with big capital, they'll provide segregated account and orders transfered into the market.
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Welcome bonus by brokers - Make guaranted money
standart replied to yogeshwartyagi's topic in Forex Newbies
traders can trade by bonus capital. however, amount small only which not enabling them to trade with big margin. if traders has no good knowledge and strategy, they are basically has no chance to make small capital raise high. while if traders good, they are has chance to make capital growing high. -
well, newbies has no good ability to perform proper analysis. they are has lack understanding about strategy and even unable to read market and circumstances. when they are force to trade on live account, they are just wasting time and money. the best is take training on demo account first. learn there and make themselves improve in knowledge.
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soo many brokers, and I want to pick one :)
standart replied to Sara888's topic in Forex General Discussion
make sure that brokers regulated. has license which explain that company exist. has operation center or official offices. after that, traders can consider different aspect, such as services, popularity, trading platform performance, etc. -
"Experience" How much important for trading ?
standart replied to mirna ahmed's topic in Forex General Discussion
in my opinion, experience very important. when traders take training and they are know what they should do or don't, they'll able to conduct effective trading. changes unpredictable, and if traders has knowledge how to measuring market situations, they'll able to adapt with such uncertainty. -
robot trading useful and it lead traders to take money on market. when traders has good trading knowledge, it help them to measuring market circumstances. traders will know in which situations robots work good and in opposite, they know also in which situations robots work lousy.
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I am trade with mayzus and instaforex. since those brokers reliable, and the most important is, they are offering bonuses. which enabling me to trade without necessary to spend own money. I can work on their forums and gain capital to enabling me to trade on live account.
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when traders make mistakes, mean that they are does not understand yet how to trade appropriately. they are has tendency to trade blindly. and unprepared with good trading strategy. however, it only a sign that traders need to take further learning. mean that traders should conduct practice more on demo account.
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Did Greed for Trading More Return Loss for you?
standart replied to kiranchandra's topic in Forex General Discussion
when traders greed, they are has tendency to be aggressive. risking big margin in trading in order to chase bigger profit. however, since market uncertain, traders can't doing reckless. they can suffering loss result which lead them to losing high when they are use big margin in trading. -
any traders use different strategy. some implementing scalping technique, while some others implementing long term technique. which lead them to use different time frame as working frame. scalper will use small time frame chart, while long term traders will choose to use high time frame chart.
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there are many brokers offering credit capital or bonus. usually its part of promotion which help them recognized by many traders. new brokers has tendency to offers massive bonuses. they are provide forum bonuses, trading contest prizes and even free capital on welcome account.
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well, traders trade based on strategy and they'll know when the best time to trade or open position. traders can't trade blindly and open positions whenever they want. there are situations where market serve no clarity, it move sideways which lead traders gain nothing when they are force to open positions.
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currency trading business is a form of business where it require traders to predict future of market movement. in order to make profit, traders should know whether next pattern will be bullish or bearish. traders can use fundamental or technical analysis to help them to predict future price outcome.
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consecutive losses normal. especially when traders newbie still and has lack knowledge and experience. losses and mistakes give traders lessons. when they are accept it and learn, to not make it happen again, they are improve basically. and obviously will able to generate better result on next trading opportunity.
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Can no deposit free money help you achieve success on forex ?
standart replied to kaito kid's topic in Forex Newbies
I am trade by use bonus money, and still, does not reduce my conviction. anyway, whether we will able to make the capital raise high or not, depend on our ability. when we are prepared with good trading knowledge and strategy, we are has chance to make capital raise high. though we are start with small capital only. -
Demo account useful to help traders to understand about market and strategies. there, traders allowed to perform test over strategies and observe the market, in order to know market character. when traders do it constantly, they'll succeed to found the best and suitable strategy. to help them to conduct analysis and make themselves stand on profitable side.
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both online and offline mentors serve same result. as far as traders learn serious. we can absorb all of learning material given when we are pay attention and serious. become a skilled trader does not easy for sure. but when we are has passion and enthusiast, we will able to be a profitable trader for sure.
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traders work based on strategy. when they are trade, make sure that is based on opportunities. if market give entry signals, mean that traders should open positions. and it could happen for hours, and even days. so, does not necessary to trade when traders see that market give no profit opportunities. entry only when traders see that market shows clarity and provide profit opportunities.
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chance to be a profitable trader widely open. as far as traders take learning and make themselves knowledgeable and experienced. the way is by conduct practice. traders open demo account and trade there till they are found the best and suitable strategy which lead them to make profits.
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market can move against trader prediction. but when traders accept the loss and fact that they can't predict the outcome all the time, they are mature as a trader. they know the risk and create a strategy which enabling them to make the risk of loss remain minimize.
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scalping is form of order which it opened and closed within minutes, and even second. brokers don't want to transfer such order approach into the market. well, if brokers allowing traders to conduct scalping, usually brokers will act as a dealer. which mean, brokers does not process the order into the market.
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well, when traders trade with small capital, they'll let the profit on trading account. since they are has goal to trade with bigger margin, and tried to chase bigger profit. however, when traders trade with big capital already, they will withdraw the profit. for saving, and fulfill living expenses.
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there are traders who prefer to trade part time but in other side, there are traders too who choose to trade for full time. they are rely on forex and trading to fulfill daily life necessities. when traders decide to work professionally, mean that they are has been prepared with good trading skills and strategy.
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there are many brokers which offer free demo account. even almost all brokers offering demo account. its part of promotions which useful to know circumstances. traders need to check whether brokers use 5 or 4 digit decimals. also need to make sure whether execution smooth or always requote. especially during high impact news releases.