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standart
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Everything posted by standart
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well, PAMM account created to those who want to gain profit but has no ability to trade and perform analysis. in other word, they are investors who just spend the money. and let other people to manage the money to gain consistent profit. minimum invest on PAMM account varies, depend on brokers and account manager rules.
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well, require time to process the order into the market. while if traders implement scalping, which can open and close position within minutes, there are no time to brokers process the order and withdraw back. so, brokers which allowing traders to conduct scalping usually act as a market maker. they are does not process the order into market.
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traders can use the profit to invest back. let it on trading account and traders can trade with bigger margin. however, when traders trade with high capital already, they will withdraw the profit. they use it to fulfill living expenses. there are many traders who struggle and end up with failure. but if they are remain patient, and keep learning, they'll able to be improve.
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well, if we are choose to concern fully on trading business, mean that we are trade professionally. we are rely on forex to fulfill daily life necessities. we are has no income from other source unless forex. technically, we are has chance to be sustainable. as far as we are prepared with good trading skills and strategy.
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our task is clear. following strategy and stick with risk management plan. the goal is chasing profit and how to make it consistent. problems occur but if we are has ability to adapt with circumstances, we will able to doing good and does not necessary to involve in worst case scenario.
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well, before traders start to open position, better if they are analyze the market and point out the best entry level. make profit in trading mean that traders should trade as effective as they can. changes occur very fast especially on small time frame chart. so, scalpers should prepared with good trading strategy and mental to deal with real risk and pressure.
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when traders has no good trading knowledge, they'll able to succeed in this business. same like if we are work in other form of job or business, require competency and it constructed through practice and learning. if traders does not do that, they won't has proper knowledge and experience which lead them able to succeed on work or business.
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Did you have enough income From Forex Trading ?
standart replied to TenkoFx's topic in Forex General Discussion
currently I am still collect money from bonuses. has been trade previously but gain margin call. I assume that small capital does not enough to lead me to survive. I need at least more than $400 to enabling me to set proper risk management plan. in trading, bigger the capital, better more actually, since we will able to set proper more risk management. -
How I Turned a Losing Trade to a Winning Trade.
standart replied to asiaforexmentor's topic in Forex General Discussion
traders trade based on analysis. point out the trend and thus, determine good entry level. many things can be happen and if traders can trade on effective way, they will less to doing unnecessary thing in trading. traders will able to gain profits and make the risk of loss remain minimize. -
How to start trading without investment?
standart replied to riad99's topic in Forex General Discussion
traders start trading since they are has been spend the money to make deposit. they can use own money or take advantage from forums bonuses. if traders in learning phase, and has lack money to trade, better if they are take advantage from forums bonuses. -
traders can start trading when they are has been skilled and able to generate profits more than losses during practice. however, though traders able to perform good in demo practice, does not mean that they will able to gain good result on live trading straight away. traders need to adapt with real market pressure and risk of lose money too.
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forex is currencies trading business which enabling traders to gain unlimited profit. traders make profits from buy to sell or sell to buy price differences. when traders know what they should do or don't, they are basically has chance to be a profitable forex trader. while if traders has no good knowledge or competency, make profit is something impossible.
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after prepared with trading fund, traders should select brokers to enabling them to trade. traders can choose brokers based on reviews and seniors advices. if traders has no good knowledge, they should learn from others, including how to choose brokers. good brokers usually regulated, and they are has been popular.
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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
trading can start trading with free capital. even will able to make it raise high if they are has good knowledge and skills. which enabling them to perform proper analysis. traders can gain free capital from forums bonuses, trading contest prizes, etc. -
well, when traders has lack understanding and does not know how to run the strategy, they'll doing many mistakes and unnecessary things during trading. the best thing traders can do is take learning. make themselves skilled and knowledgeable.
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newbies has no good trading knowledge and it lead them to doing bad in trading. trade blindly and has tendency to be aggressive. when traders generate no profit in trading and even make many mistakes, mean that they are unprepared, should take further training and learning.
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demo account enabling traders to trade and take practice. use virtual money which lead traders to be calm in take research, in order to point out good trading strategy. while if they are prepared, able to generate profits more than losses during practice, they can start trading on live account.
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well, trade and make profit difficult indeed. however, when traders has good trading knowledge and experience, they'll able to gain profit from market. at initial phase, traders has tendency to make mistakes. gain losses till margin call. but its just a sign that traders need to take further training and learning.
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leverage enabling traders to trade with small capital. we can trade with mini contract and does not necessary to spend big capital to trade. that is one advantage of forex trading. while if we are trade on stock, there are no leverage and thus, lead traders to trade with standard contract. in other word, traders should trade with big capital.
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newbies unprepared. they should take learning first in order to generate profit in trading. make themselves skilled is part of traders task. when traders prepared with good trading knowledge, they are has chance to gain profit from market. newbies can't jump trading in live account when they are unable to doing good in practice.
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losses is part of the business. no traders able to avoid losses since it part of the risk. make profit possible still when traders has good trading strategy and risk management plan. if traders has no good knowledge, they are has no chance to make the risk of loss remain minimize.
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the best is when traders trade based on strategy and risk management plan. make profit in trading will be difficult if traders trade blindly. many thing can be happen and if traders unprepared to deal with real risk of market movement, they are has no chance to gain profits.
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practice to be consistent on the profit obtained
standart replied to rizal83's topic in Forex Newbies
consistent practice lead traders able to be improve. traders make profit and its related with how good they are able to analyze market circumstances. changes occur unpredictable, and if traders prepared with good trading strategy, they are basically has chance to gain profit from market. -
well, when traders use small leverage ratio, they are has chance to use minimum size lot to open position. traders can increase the lot if they are want to trade with big lot size. make profit in trading is not about strategy, but its about risk management too. which mean, its related with lot size or margin size.
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well, when traders trade everyday, mean that they are choose to use intraday trading strategy. they are open position based on momentum market but tried to gain small profit. if traders realize the way to trade effective, they will able to make profit in trading. since they are able to generate good trading decision.