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standart
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Everything posted by standart
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Forex trade is not for everyone.
standart replied to showrov1993's topic in Forex General Discussion
this business open to everyone though actually, not all of us will able to stand profitable. market complex and serve uncertain movement. if we are has understanding, we will able to make risk stand minimize. most important is we are patient to wait good entry moment to come. and if we are struggle still, better if we are stick with practice and learning. -
we are deal with uncertain movement of market. sometimes, we are suffering loss result since we are make mistakes. however, do not rush, remain stick with our own understanding and trading rules. tried to keep remain effective, do not trade when we are see no trades opportunities.
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there are many of big players who sometimes, agree to control the market. they are open the same positions and create pressure which it against retail traders. our task is to not trade against them, tried to following them if want to make profit.
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if we are willing to take profit over the complex market, mean that we should has ability to read market and circumstances. things run complex but if we are has understanding, we will know how to cope complexities and make risk stand on minimize level.
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What are some factors that affecting the currencies?
standart replied to reyah's topic in Forex General Discussion
we can point out news and economic data as a trigger. and then, market will move when traders react on those news and economic data. pressure will be bullish if majority traders take buy position. while in opposite, pressure will be bearish when pressure on sell. -
Technical or Fundamental that you like more?
standart replied to andry777's topic in Forex General Discussion
well, we are has chance to make profit either we are implement technical or fundamental trading. if use technical approach, mean that we are use past price data to read market and circumstances. while if we are implement fundamental, mean that we are use news and economic data to point out future outcome of market movement. -
leverage enabling traders to start trading with small capital. while if we are trade on stock or commodities market, leverage unavailable, we should trade with standard contract, or in other word, we should spend big amount of capital to start trading. leverage available only on forex trading.
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if we are has good understanding, we are has ability to read market and circumstances. things run complex but if we are know how to perform proper trades, we will know how to make risk stand minimize. newbies task is to take learning and training, do not trade on live account as far as unable still to trade effective and make profits more than losses.
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consecutive losses does not mean that we are fail. its only a phase where we need to stop temporarily to perform evaluation. there are something wrong perhaps, on our trading approach or strategy. we need to found the root of problems, before we are start to trade back on live account.
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there are no chance to gain good result when we are has lack knowledge and unable to trade appropriately. things run complex but understanding enabling us to make risk stand minimize. do not expect 100% profit result. we can't eliminate the risk of lose. but we are has chance to make it stand minimize. when perform effective and conservative trades.
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Question for those who dont apply stop loss?
standart replied to yogeshwartyagi's topic in Forex Newbies
if we are want to gain good result from complex market, we should really careful. do not rush, remain careful and tried to stick with conservative approach. risk exist and sometimes, we are deal with loss result, that is why we should set stop loss. -
if we are use proper analysis and read circumstances appropriately, we are has chance to make profits and stand sustainable. however, do not rush, make sure that trade at the best timing. no good result will come by being haste, remain patient and stand conservative. that is the best option.
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almost all brokers offering demo practice account. however, there are those which set limit period. otherwise, there are brokers who set no limit in use demo account. we can practice as long as possible, according to our necessities. we can construct understanding and measuring how the market behave without necessary to worry to losing money.
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earn more money along with forex???
standart replied to showrov1993's topic in Forex General Discussion
if we are want to earn money, mean that we should take learning. tried to understand how the market behave, and point out the best trading strategy. do not rush, make sure that we are remain flexible. tried to accept loss when it come. do not force to make positions remain floating when we are know that we are make mistakes. -
How to start trading without investment?
standart replied to riad99's topic in Forex General Discussion
if we are want to start trading, mean that we should prepared with strategy and knowledge. we need to know how to read market and circumstances. point out the best entry and exit level. no chance to gain good result when we are trade reckless, since we are unprepared with strategy and proper plan. -
demo and live account serve same market movement. difference lies on money use to trade. on demo account, we will use virtual money. while if we are trade on live account, we should use real money. we are gain real profits and mistakes mean that we will losing real money.
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"Experience" How much important for trading ?
standart replied to mirna ahmed's topic in Forex General Discussion
when we are has good knowledge and experience, we will able to measuring what we should do or don't. things run complex but understanding enabling us to keep remain flexible. mean that we are accept the risk, but in other hand, we are able to be effective. and make risk stand on minimize level. -
What do you think a best broker choice?
standart replied to boltushkin's topic in Forex General Discussion
we should read reviews before we are take decisions. there are countless brokers, and all of them serve the best services. in which place we are put our money, its about taste and services what we are look for. personally, I am trade with mayzus and instaforex. -
when we are has good knowledge and understanding, we will able to make good result from complex market. actually, good trading skills require to be constructed. we should perform learning and training, observe the market and tried to understand how it behave.
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we are often to trade aggressive, mean that we are risking the margin which it exceeded from risk tolerance. while if consider that market serve uncertain movement, better if we are remain conservative. which mean, we are risking the margin which it according to our risk management calculation.
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demo account is a practice place. there, we are deal with no real risk and market pressure. since we are trade with virtual money only. if suffering margin call, we can open the new one complete with the money. while if we are prepared already, we can jump to trade with real money, on live account of course.
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What do you think about free deposit from broker promotion?
standart replied to kaito kid's topic in Forex Newbies
well, free deposit mean that we can start to trade without necessary to spend money. brokers give bonus but the amount small only. if we are has knowledge and understanding, we are has ability to read market and circumstances, make small bonuses raises high. while if we are unprepared, we won't able to make bonus fund growing high. -
leverage enabling us to start trading with small capital. while if no leverage, mean that we should trade with big capital. such system available only on forex, while we won't found leverage system on stock or commodities trading.
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if we are want to trade, mean that we should tried to learn how to perform proper analysis. no chance to make profit when we are trade reckless or rely on luck only. do not rush, make sure that we are able to make good result and gain consistency, before we are start to trade on live account.
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newbies has tendency to rush and expect instant result. however, the best is take learning and training. before they are start to trade on live account. perform observation in order to measuring how the market behave. to point out the best and suitable trading strategy.