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standart
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Everything posted by standart
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brokers provide mini and micro account to those who has lack capital. traders can spend small amount of capital to trades. while if they are choose to trade on standard account, they'll need to has high capital. for newbies, who still in practice period, better they are trade on micro or mini account.
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forex is form of business where traders make profit from buy to sell or sell to buy price differences. when traders know how to trade, they'll able to make accurate prediction. mean, they'll know how to make profit in trading. market serve no certain outcome, when traders has lack knowledge and experience, they'll unable to generate good result on trading.
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Did Greed for Trading More Return Loss for you?
standart replied to kiranchandra's topic in Forex General Discussion
greed lead traders to be aggressive. they'll spend high margin size per trade and even risking all capital just in single trade. which lead them to gain margin call right away when they are open wrong trading decisions. make profit in trading require patience. traders need to know the risk and set proper risk management plan. -
Whats your Forex trading goal.
standart replied to PROPENSITY100's topic in Forex General Discussion
my goal is to be a professional forex trader. make profit and trade fully for the rest of my life. however, require high amount of capital to enabling me to generate high profit. while currently I am trade with small capital, so, the goal now is collect capital, while I am trade for part time. and not a full time. -
forex risky since market serve no certainty. which lead traders difficult to be accurate. moreover, if traders implement scalping approach, its contain high degree of risk than if they are trade for long and choose to riding the trend. the best is being careful and make ourselves knowledgable, about market and strategies, before we are jump trading in live account.
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forex is a currency trading business which enabling traders to sell and buy the price. profit come when traders make accurate prediction. buy at low and sell at high. however, require knowledge and strategy to gain profit since market move uncertain and unstable. tried to be accurate can be occur if traders has been skilled and trade with proper strategy.
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currency trading is form of job which need skills and ability to predict future price movement. traders gain profit from buy to sell or sell to buy price differences. if traders has no good analytical skills, difficult to them to be accurate. majority trades end up with loss than able to gain profits.
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its good as far as traders has good trading knowledge and experience. has ability to perform analysis and generate profits more than losses. but things will going into worst when traders has no good trading knowledge and experience. they will suffering losses and margin call.
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Welcome bonus by brokers - Make guaranted money
standart replied to yogeshwartyagi's topic in Forex Newbies
do not expect much from welcome bonus account. its just an account which created to attract traders to join. the amount small only and if traders has no good knowledge, they'll easy to gain margin call. traders can make small profit raise high when they are prepared with knowledge and strategy. -
traders can trade and make profit. and it happen after they are prepared as a trader. mean, has ability to perform proper analysis and make good trading decision. basically, traders has chance to be consistent, as far as they are remain patient to trade effective and discipline.
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- life vs forex
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traders can join social trading sites in order to get trading signals. however, traders need to pay commission if trades end up with profit. some brokers open social trading sites to help newbies who has no good trading knowledge make profit in trading. such as alpari and ducascopy.
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forex market complex and serve uncertain movement. but if traders know how to make profits, mean they are has good knowledge and strategy. majority traders fail due to has no good ability to perform analysis, and they are trade with no proven good strategy.
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does not necessary to quit just because traders suffering many losses. its just a sign that traders need to take further training. when traders has lack knowledge, they won't doing good and make many mistakes. but if they are has proper knowledge, and know what they should do or don't, they are has chance to make profits more than losses.
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traders can trade many times per day. however, we need to know that opportunity does not come many times. we need to be effective by trade based on opportunities. we can't gain profit if conduct over trading. even such trading way just lead traders to gain losses and margin call.
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do not expect to be a profitable trader in a quick way. require process and it take years. no doubt that forex is a sustainable business. market remain open since countries need money to conduct commerces. as far as currencies used still, forex market will be exist. so, long learning period worth to take.
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well, not easy to gain profit if traders has no good trading skills. they need to learn at first in order to be a skilled trader. trade with proven strategy which enabling them to perform proper analysis. many traders fail due to has lack knowledge and they are not enough to take training.
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Are you satisfied with your broker?
standart replied to mang_ncep's topic in Forex General Discussion
I am satisfied currently, since I am able to enjoy the trades and brokers offering good services. the most important is in our ability to trades. if we are able to gain profits, no matter with the brokers, we will able to stand on profitable side. -
forex offering big amount of profit when traders know how to trade appropriately. however, big capital necessary too. if traders has small capital only, they can't expect to gain big profit, since they are just able to trade with small margin size.
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when traders want to be safe, better trade with regulated brokers. require high amount of fund to be regulated brokers and mean, they are serious to make the business run sustainable. do not join brokers just because they are offering big amount of bonuses, while they are not regulated yet.
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The Simplest Way to Earn in Forex
standart replied to smithlover84's topic in Forex General Discussion
traders need to learn and if traders has no good trading skills and knowledge, they won't able to be profitable. things run easily when traders has appropriate knowledge to perform proper analysis. many traders fail due to rush and trade without proper preparation. but when traders take learning and practice, and prepared with good trading strategy, they are basically has chance to be successful as a forex trader. -
traders can invest that amount of money on forex, stock or even other form of investment instrument. if we are a forex trader, we will invest the money on forex trading. while if we are a stock trader, we will invest it on stock market. but to those who has no trading skills, they'll invest the money on other field. which they are has knowledge about.
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stock market less volatile. since market just open at day time only. transaction not big enough and its different with forex market. its run over the counter which lead the market to open for full 24 hours. its make traders can trade whenever they want. if has day job, they can trade at night time.
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almost all broker offering demo account. its part of promotions and traders can measuring system circumstances by open demo account. basically, demo has function as practice place. but price movement has no different with what happen in real account. so, if traders trade on demo account, its same like if they are trade on live account. the difference lies on money used to trade. in demo account, traders just use virtual money.
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when we are has good trading knowledge, we will able to be consistent. make profits more than losses. however, we need to know that movement does not stable and provide no good opportunity all the time. so, we gain big but sometimes, we get less. no matter with the results, as far as it profit, we need to be thankful.
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practice to be consistent on the profit obtained
standart replied to rizal83's topic in Forex Newbies
well, market serve uncertain movement. we can gain big income but in other period, we can gain less or even nothing. our task is just trade as effective as we can, open trades when opportunities come and avoid to trade when we are see no opportunities appear on the market.