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standart
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Everything posted by standart
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long position approach or investment is one of trading technique. in investment, traders choose to open position with aim to get profit from long term trend. they are not chasing profit from volatility or daily trend movement. in investment technique, usually traders risking small margin only per trades.
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More than one account with one forex broker; is it advisable?
standart replied to flybiz08's topic in Forex Newbies
brokers allowing us to open more than one account. however, I am sure we will focus to trading in one account because we put all of our money in one account. because there is no need to spread money into different account while its still in one broker. if want to spread our capital, we should open different account in different brokers. -
yes, I like the idea to invest with forum bonuses and not with traders own money. newbies have no proper knowledge and experience and it will be a high risk if they are spend their money to trading in live account. to gain knowledge and experience, better if they are use money from bonus posting. and not risking their own money.
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if we want to use high leverage, make sure first that we have high capital. it enabling us to set proper risk management plan. however, when trader have small capital, will be better if they are use normal leverage such as 1:100 ratio. with such ratio, trader have opportunity to trading with smallest lot value.
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Who knows the latest forex strategy in the market?
standart replied to chuna1985's topic in Forex Newbies
many traders busy to search good trading strategy while they are forgot to observe the market and indicators function. they are want to get instant way to become profitable. however, even though they are found the best strategy, I am sure they won't able to make it work properly if they are not understand how the market work and indicators function in trading strategy. -
demo account is perfect place to practice because use virtual money only. it make demo risk free and trader can test strategies and make mistakes as many as they want. traders not necessary to think about loss and it make them comfort in learning. and after trader able to generate consistent profits, they can jump to trading in live account with real money.
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Forex forum Do you think forex forums can improve my trading skills?
standart replied to flybiz08's topic in Forex Newbies
forex forum give us knowledge because many people share their knowledge about markets and strategies. however, it won't make us have good analysis skill or emotions control skill. we need to practice if we are want to make our trading skills improve. there is no other way. -
volatility is part of market nature and it also give us difficulty especially to figuring out the market trend. if we are use swing or long position technique, and want to chasing profit by riding trend, volatility will annoy us to determine the correct trend direction. but if we are get good experience by practice, we will know what we need to do.
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when trader rely on luck and not make proper analysis, they are do gambling. however, when trader make proper analysis before they are make trading decision, they are trading. the thing that make trading and gambling different is effort in analysis to make profit probability higher than loss.
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trader need to take practice and learning if they are beginner still. they can't jump to trading in live account if they are have no sufficient knowledge and experience. advisable if trader spend their time in demo account fist till they are able to generate profits consistently. and after that, they can jump to trading in live account and risking real money.
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I guess have no chance that the hyip will able to give 400% profit after 10 minutes. it is obviously scam. so, better investors keep stay away from this site and not risking their money to such unreasonable plan. no guarantee that the money will back if investors make invest.
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just visited the site and know that this hyip run for 3 days already. but they are unable to growing properly and it explain that investors reluctant to join the hyip site. they are not listed on hyip monitor also and so, we don't know whether the site in paying status or not.
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the hyip offering affordable minimum invest. moreover, they also give high profit return in hourly period. new investors will be interested with such offer for sure. but unfortunately, many hourly hyip end up by being scam fast and I also sure that this hyip have same fate.
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all plan designed to give investors high profit for short period of time. many investors usually attracted with such plan but unfortunately, the plan explain also that probably the hyip won't able to maintain paying for long period. rather than principal money gone, better if investors not make invest in this hyip site.
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the script really nice and completed with ddos and ssl protection. it explain that the hyip serious to run the business and give safety to investors account. the profit including reasonable but unfortunately they are give it in monthly basis. short term investors usually don't like such plan.
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if join this hyip site, I will prefer to use perfectmoney as deposit and withdrawal method. because PM have small fees. rather than use egopay where the fee including high. since liberty reserve down, the best ecurrency processor is perfect money indeed.
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the hyip offering good referral commission till third level and usually, hyip monitor like it. surely they will get decent income if there are many of investors join this hyip site using hyip monitor referral link. and they will get it. because investors usually use hyip monitor reference to make invest in hyip program.
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good to see there are many payment proof posted here. it make me convince that the site reliable. however, I am still sure that this hyip won't able to maintain paying for long period. it is due to the hyip offering high profit return in hourly period. however, because still paying, hit and run will give trader get decent profit.
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the profit rate seems high but its including principal. and if we calculate again, we will found that actually, this hyip offering reasonable net profit rate. when this hyip get enough support from hyip monitor and investors, they will able to maintain paying for long period.
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surely is tempting to make invest in this hyip site since they are offering high profit return in hourly period. however, we all know that hourly hyip usually unable to last long. if investors willing to make invest, better use hit and run. with that method, probably trader will get decent profit and protect capital to not gone as well
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in order to get profit, trader should have good analysis skill and proper strategy. it enabling them to see the market situation and make good decision in trading. trader can't applied gambling principle and trade blindly. because it cause them suffering loss only. forex is business of skills and not gambling.
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yes, forex is business where every trader need to have a plan. trader can't treat forex like a game and make many mistakes in trading. when trader have good trading plan, and they are discipline with it, they will able to trading properly. including avoid mistakes happen during trading.
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I prefer to choose forex because I have fully control of my money. while in hyip, I should let my money managed by other people. hyip can run away but forex not. the only reason why we are losing money in forex is because we can't trading properly. and not because we are get scammed.
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How Long Do you spend in Trading Fx Daily?
standart replied to Aikhen's topic in Forex General Discussion
basically I am have lots of time to trading. because besides posting I have no other job. so, all of my time spend in front of computer. however, I am not spend many time to trading. I am not scalper who need to focus and monitoring my trades. I am use day trading and sometimes swing approach and it lead me to not always trades or monitoring my trades. -
every trader should have a trading plan. it help them to trading properly and avoid them make mistakes. trading plan here including risk management, risk tolerance and trading strategy. if trader have no proper trading plan, usually they will end up with aggressive trading or even trade blindly.