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standart
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Everything posted by standart
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The Simplest Way to Earn in Forex
standart replied to smithlover84's topic in Forex General Discussion
following trend is the most simple way to trading. by riding trend, high probability that traders will get profit because many traders do the same. so, their order position get support from other trader. however, to apply this strategy, trader need to have good analysis skill especially to figuring out the trend direction. -
earning opportunity is high and someone can fulfill their daily life necessities if they are profitable in trading. however, live from forex is not easy. trader need to be good in trading and able to become consistent in generate profits. and before trader profitable, better if they are not quit from their main job just because want to focus in forex trading.
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easy if trader have good trading skill and able to make good trading decision in trading. however, when trader still lack of knowledge and even skills, surely that trading is difficult and they will have a hard time just to make their capital not reduce.
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every trader need to educate themselves in order to become good trader. they are need to practice in order to give them good trading experience. with knowledge and experience, trader know what they need to do or don't in trading. and it lead them generate good decision in trading. forex has nothing to do with luck. if trader want to success, they need to have good knowledge and trading experience.
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yes, greed is harmful. trader always risking high margin and it same like they are trading without proper risk management plan. they are don't know their risk tolerance and it usually cause them suffering huge capital decrease when they are make wrong trading decision and suffering loss.
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professional traders rely on forex as their main income source. they are have good trading skills and so, able to generate profits consistently. they are confident to make forex for living. however, when trader have day job or activity, they can't become full time trader and make trading job as part time only.
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trader can apply gambling in trading but forex is not gambling. trader can rely on luck to figuring out the result and they are not necessary to make proper analysis. if they are did that, they are applied gambling. however, when trader make proper analysis and tried to make profit probability higher than loss, they are trading and not gambling.
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depend on our method used to trading. if we are scalper or day trader, probably we will trade everyday because we make profits from volatility and daily trend movement. however, swing and position trading won't trade everyday because their target is profits from major trend movement.
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there are some people that naturally talented and they are able to learn fast. however, forex is not about talent but its about trader effort to make themselves skilled and knowledgeable. talented people won't able to become profitable and know how to trading properly if they are not learning.
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forex robots not adapt with every market situation. so, when robots unable to read the situation based on their system code, robots will make loss in trading. if trader have time to learning, actually better if they are trade manually and use manual system. they can control their trading and their losses as well.
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to minimize risk is possible but to eliminate risk fully is impossible. we need to deal with market uncertainty and no method able to predict future market movement accurately. so, we can suffering loss in trading. however, will proper learning and we have good analysis skill, we can judge situation properly and make profit probability higher than loss.
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when trader want to have good analysis skill and develop trading strategy, they need to practice in demo account. they can make mistakes there and no worry about losing money. however, when trader want to mastering emotions control, they need to practice in live account and not in demo account.
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don't be greedy but we need to keep learn and found the way to maximize our potential profit. if we see that our method enabling us get little profit only, we need to be satisfied, and not force to become over trading because we want higher profit. we should found a way to maximize profit without necessary to be over trading.
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besides technical aspect, forex also about psychology aspect. trader need to control their emotions during trading, in order to generate the best decision. that is why trader can't practice in demo account only. they also need to practice in live account. but with not high deposit because the goal is just practice.
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Is it advisable to trade on all currency pair as a newbie?
standart replied to flybiz08's topic in Forex Newbies
better if newbies focus in one pair till they are get used with the pair before they are jump to the next pair. but if they are willing to use basket trading strategy where use many pair at a time, they can trade with many pair because its part of strategy. but if they are not use basket strategy, better trade and focus with one pair. -
offering high profit return in term of minutes only. its really tempting. however, high profit return won't lead the hyip able to last long paying. if consider to make invest, better if investors use hit and run method. because potentially this hyip will become scam very fast. so, no use if investors stay invest for long period.
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minimum invest including high while the site offering high profit return. for short term investors, they will like to make invest in this hyip site. however, if consider the risk, advisable if investors apply hit and run method and not plan to stay invest for long period.
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good to see the site completed with ddos and ssl protection. surely investors fund safety is main priority of this hyip site. they also offering reasonable profit return and it will lead them able to sustainable. seems like this hyip site will able to growing fast because I am sure, many investors will be interested to join in this profitable hyip.
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this hyip site give more than 10% average daily profit. it including high and usually, won't lead the hyip able to last long paying. however, the site monitored already and they are get paying status currently. this site still safe and if investors willing to make invest, better hurry.
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the hyip still paying till today and it was really good news to investors. however, this site set high minimum initial deposit and surely, it make investors reluctant to join and make invest. if admin of this hyip site willing to make minimum invest lower, I am sure many investors will consider to join.
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this hyip site accept many various method to deposit and withdrawal. we can use paypal, payza, perfectmoney, egopay, etc. they also offering various plan and most of them is short term plan. the profit rate including high. and it make doubt whether the hyip able to maintain paying for long period or not.
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Even though seems high return, but actually 6.94% per day including principal. if calculate again, we will found that this hyip offering normal and reasonable daily profit rate. this make the hyip able to last long paying potentially. the money will be locked for 19 days and its not long period to wait full profit and principal back again.
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this hyip site offering high profit return even in short period only. surely it will make the site profitable for investors. however, high profit return usually unable to lead the site able to maintain paying for long period. they are tend to become scam fast. and in this case, we need to be really careful when decide to make invest in this hyip site.
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the profit rate including high while the site offering long term plan. even though I am not sure that the site will able to maintain paying for long period, but at least, there are many payment proof poster here. it explain that the site currently in paying status and it make the hyip become safe place to make invest.
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many payment proof posted here and its explain that the hyip reliable so far. however, 8% profit after a month is very small. even though it probably reasonable and potentially sustainable, investors won't interested to make invest because the profit rate including less profitable.