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standart
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Everything posted by standart
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some traders prefer to practice in demo account but some of them prefer to practice in live account right away. because thinking that live account can teach them about emotions control. it was right actually. however, without develop knowledge and strategy in demo account, traders can't jump practice to mastering emotions control. knowledge and strategy still in top priority.
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Importance of Demo Account/virtual account in Forex
standart replied to abdulla1's topic in Forex Newbies
brokers provide demo account because they are know that new traders can trade properly if they are not take practice. while if practice in live account will cost lots of money, brokers decide to make demo account to enabling traders practice without necessary to losing money.- 751 replies
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- forex virtual account
- forex demo account
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robots actually is manual trading system. with help from coder, trading system transfered to automated trading system. when trading system good, automatically the robot will be good. however, since the market chances, sometimes robots unable to adapt with market changes. for me, I prefer to trading with manual system.
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newbies often get carried away when they are get some of consecutive profit in demo account. they are thinking that they are good as a trader and start to jump trading in live account. while actually, they are don't know yet how to trading properly. the result is, they are unable to handle the pressure in trading and suffering margin call.
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every trader have opportunity to become success in forex business as long as they are spend their time and effort in learning. probably talent will lead trader to learn quickly but, it does not mean that average people can pass difficult learning period and become success in forex trading. as long as patient and have willing to become success, every trader able to achieve their goal.
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the hyip site will manage investors money in stock trading. the good thing is they are offering fix daily profit rate and not based on trading result. this hyip is just launched a day ago and still not proven paying yet. hyip monitor site give waiting status still. if the site paying, tomorrow we will see the status change to paying.
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the profit rate including high. however, they are proven paying and also get support from many of hyip monitor site. when they are have good capital back up, even though offering high return, they will have opportunity to last long paying.
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good to see there are payment proof report available here. it explain that the hyip paying and currently, become safe place to make invest. the hyip also get support from many of hyip monitor site and I am sure it will lead the hyip able to attract many investors to join. and with it, they will have high capital back up.
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the site completed with ddos and ssl protection. it make them secure from hacking activity. however, the plan not as secure as the site. offering high profit return and it explain that the site won't able to last long paying. if consider to make invest, better investors apply hit and run.
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this hyip site already run for more than a month. however, I don't know whether the site paying or not, because they are not listed on hyip monitor site and no payment proof available in this thread. but if the site truly paying, we will found it easily by googling. but if not paying, we won't found there's payment proof available.
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the hyip already run for 2 days. and get support from many of hyip monitor site. the status is paying and probably will last for next several days. because have lots of capital back up from hyip monitor site and investors who join and make invest.
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offering high profit return will make the hyip attractive. however, when they are not get support from hyip monitor site and many investors, they won't able to maintain paying for long period. because they are just apply ponzi scheme where they are paying investor profit from other investors deposit.
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all plan designed for short term duration. short term investors will like to make invest in this hyip site. some plan offering reasonable profit rate but some other offering high and not reasonable profit rate. in my point of view, this hyip will be paying. but not more than 2 weeks.
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the site accept egopay only as withdrawal and deposit method. I guess admin should consider to add perfectmoney to attract more investors to join. if the hyip accept egopay only, they are only attract egopay users. but if use other payment processors such as perfect money, they will attract PM users too.
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when I see the plan, I am sure it will attract investors to join. especially for new investors who have no experience in hyip world. they will gladly make invest without know the risk await them in front. basically, high return won't make the hyip able to maintain paying for long period. they will scam fast and investors better stay away from this hyip site.
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forex complicated for sure. and it force trader to focus and spend all of their best if want to become profitable and overcome all the complexity. hard work is needed, but trader also need to work smart because difficulty and complexity level is different, than other form of job.
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greed is harmful, trader need to control it if want to keep survive. they should use proper risk management and not always risking high margin per trades. even though it will lead trader get high profit, but in other hand when suffering loss, will create high capital decrease.
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WHAT MAKE YOU TO LOOSE IN FOREX TRADING
standart replied to smithlover84's topic in Forex General Discussion
careless is my problem. sometimes unintentionally I am not discipline with strategy rule and it make me suffering loss. and even though I am tried to be more careful, I am often do it again. well. I guess I am just not get used yet to always discipline. but with time passed, I am sure I will able to handle it. -
why many people see forex trade as gambling?
standart replied to rockstar's topic in Forex General Discussion
future uncertainty make many people think that forex is just gambling. they think that profit or loss lead by luck. however, those people totally wrong. because actually we can make profit probability higher than loss. as long as we are have good analysis skill. that is the reason that forex is not gambling. -
Forex market is the largest market
standart replied to smithlover84's topic in Forex General Discussion
with transaction volume reach $4 trillion per day, make forex become the largest market in the world. the volume even ten times from what stock market did everyday. when we are have good trading skills and high capital, surely we will able to get big piece of cake. -
Importance of reviewing our trading history
standart replied to PROPENSITY100's topic in Forex General Discussion
when we are have problem in trading and make us suffering consecutive loss, we can check back our trading history and remember again, what that makes us able to trading properly and make good result. we will able to get back on track as long as we can learn from our past and use is as our advantage to be better in trading. -
I am suffering 250 pips loss when I forgot to set stop loss in trading. it was really huge and make me discipline to always use stop loss and never forget about it. sometimes in trading we are make mistake because small thing that we are not realize. however, its valuable lesson because make us grow as a trader. and lead us better in trading.
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what are the best forex trading Hours?
standart replied to asiaforexmentor's topic in Forex General Discussion
depends on traders strategy. when trader use scalping or day trading, they will choose to trade in london and new york session. since that session provide volatility and even mostly daily trend occur at that time. but if trader use long position trading, best time to trading not based on market session but based on beginning of major trend. -
well, forex is currency trading where trader make profit from buy and sell price differences. forex is profitable business where trader have opportunity to make high income. however, because forex risky also, trader should have good knowledge and experience before they are start to become profitable and generate consistent profits.
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Is forex your only source ofincome?
standart replied to starwar1508's topic in Forex General Discussion
no, I am still work as forum poster because can't rely on forex to generate income. I have small deposit only in trading account and it allow me to get small profit only. and even I don't get profit at all. so, I should work in other field to generate income.