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standart

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Everything posted by standart

  1. all traders has own preferred indicators. since traders has own trading system. each trading system use different combination of indicators. and when traders know the function of indicators in their trading system, can be sure that traders will able to generate many of good trading decision.
  2. trading and make profit difficult. however, when traders preparing themselves with good trading strategy and knowledge, they are has chance to make profit in trading. first thing traders should do is take demo practice, traders stick with it till they are able to generate profits more than losses. such results explain that traders prepared to handle real risk in real trading.
  3. the best is take demo practice. if traders has no good knowledge and understanding how to trade in effective way. important to know how the market behave, and if traders know it, they'll able to perform analysis and generate good trading decision.
  4. traders choose to trade on forex since they are know that market volatile and open for full 24 hours. while if traders trade on stock market, they'll found that market less volatile and it open at day time only. many traders prefer to take advantage from forex since it profitable more than if they are trade on stock market.
  5. Depend on traders approach. when traders use intraday trading, they'll tried to search profit everyday. however, in opposite, when traders use swing or long position approach, they'll not open position everyday. they'll take advantage from trend movement and open position when the direction or market changed.
  6. many people does not believe that forex profitable. they just see that this business gambling only. however, there are traders who has been work for long period of time and they are able to gain high amount of income. even they are work professionally which spend the whole of their time to focus on trading.
  7. leverage enabling traders to trade on market though has small capital in trading account. in forex, leverage exist till high ratio. however, when traders trade on stock or commodities market, they'll found that leverage does not exist. they should trade with standard contract.
  8. require at least $100,000 or more if they are want to gain average $1000 per day. the most important thing is not achievement, but how high traders capital can cover maximum number of loss. if traders use the margin which make capital just able to cover 100 pips losses, they'll suffering margin call faster.
  9. both experience and skills necessary, when traders know how to make profits in trading, that explain if traders has good trading skills and experience. many traders does not know how to make profit in trading because they are does not take long training and learning. they are rush to chasing profit while just spend few days only to learn and take practice.
  10. forex is a good business since it provide high amount of profit rate. however, when traders has no high capital, mean that they are has no chance to get big profit since they can't trade with big margin. the most important thing is traders remain conservative or moderate. make capital able to cover many losses important than focus on chasing big profit all the time.
  11. forex tough and require understanding how to analyze the market. if traders understand what they should do and avoid, basically they are has chance to make profit in trading. however, when traders has no good knowledge and experience, trading and make profit will become very difficult.
  12. require to take research in order to point out good trading strategy. which mean, traders should spend their time to take observation. tried to understand how the market behave and it help traders to measuring which is the best and suitable strategy to use in order to cope complexities.
  13. emotions point out decision outcome. when traders remain calm, basically they are has chance to be logic and generate good trading decision. however, being calm and discipline require practice. traders unable to be calm when they are not get used still with risk and complexities.
  14. risk exist in trading business. the best thing we can do is not tried to eliminate the risk but how to make the risk remain minimize. losses inevitable. when traders unable to accept that loss is part of the business, they'll involve in worst situation.
  15. safe to trade in all pairs. however, better if traders select the pair which it does not serve small volatility range, while brokers charge high spread rate also. which mean, traders not necessary to trade in exotic pair. choose major pairs better since it serve high volatility range and brokers set small rate of spread.
  16. demo account is the best place to take practice. traders use virtual money which help them to conduct trading without real losing risk. traders can calm during practice and free to make mistakes and tried various strategies.
  17. all brokers offering demo account since it part of promotion. which useful as practice place. demo account basically help traders to understand how the market behave. traders can observe market circumstances, without necessary to worry about losing money. since money used to trade on demo practice virtual only.
  18. when traders suffering many of consecutive losses, mean that traders should evaluate their approach and method in trading. probably traders being rush and open position not on good timing. if no urgency to open position, better if traders remain calm and make no order position.
  19. traders can treat forex as part time or full time business. depend on how small or how high the time spend to trading. when traders has little time to trading, mean that they'll treat forex as part time business. while if they are has long hours time to trade, mean that they'll trade for full time.
  20. if traders want to gain profit high amount of pips in trading, better if they are implement long approach in trading. in other word, traders trade and let the position floating for long period of time. traders trade by riding the trend and use small margin. set wide stop loss since they are don't want to be involved on small volatility movement.
  21. option trading basically is a good opportunity to lead traders to gain income. its different form of trading which make people able to gain fast profit. traders bet on market will back 100% once they are make correct prediction. however, if traders trade on forex, profit depend on pips.
  22. to those who has high capital on trading account, usually will withdraw all the profit. however, when traders focus still to make capital increase, mean they need to compound the profit and withdraw it half only. which mean capital has chance to increase and traders can withdraw the profit too.
  23. exotic pair serve good result but it for long period of time. it move very slow which not enabling traders to implement scalping method. if want to catch quick profit from market, traders should choose to trade on major pairs. it has good daily average range movement. 50 pips or more around.
  24. easy to make profit on forex if traders has good understanding regarding with the business. however, it become difficult when traders has no appropriate knowledge to make themselves profitable. if traders willing to be successful in this business, they need to take training and make themselves knowledgeable.
  25. traders can trade with high amount of capital. and it serve them higher profit on market. however, if traders has small capital, gain average $1000 per day totally impossible. but high capital doesn't explain that traders will always succeed in trading. the most critical thing is traders skills and capability.
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