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Posts posted by Tariq777
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Yes there's no problem in trading with more than one broker but its better you stick to just one
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I'd like to know why would you like selling ur forex acc? I mean why don't you just withdraw your cash
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Although its not necessary to have a mentor but one will help you to hit your goals here
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To earn steady profits daily, set a target and don't trade more than that! learn a strategy and stick to it. Use lowest leverage
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No, gambling is different and forex is diff! forex works on world economy while gambling works on luck
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Newbies are usually greedy and opens up another trade after closing a profit trade, that's the biggest mistake of them
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Because there is no risk involved in demo accounts and therefore you don't have your emotions involved in the demo trading and that's the main reason why your performance in demo is way better than in the real accounts
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Forex Demo account is the first step that leads you into the forex market, without learning the enough experience in demo, you can't go real
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yes I trade via the mobile phone of mine in InstaForex trading, i downloaded the trading terminal suited for the phone of mine
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Trading talent can't be GOD Gifted buddy, as it's not a sport or hobby. it's business and we need to learn it as much as possible in order to be talented enough in this biz
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That depends on your greed... LOL! If you want to make the max money every week then do trade every day or just give it some breaks
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yes I agree with you on this topic, a trader without the experience of losing money can't be successful as he'll be over confident with himself
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The best tip to newbies will be that don't get greedy while trading forex, make trades according to need and target
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Yes of cos they can, here you gain much knowledge and being among the other traders you always learn something
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Demo accounts are useful for particular reasons, learning for the newbies or practice of the stratigies for the professional traders
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I won't talk about disadvantages of robots but I would advise you if you can't give your full time to trading and trying to be dependant on just robots, then leave trading. You need to do manual trading
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In some conditions of the trading market the situations becomes very similar to gambling, yes the 50-50% situation and I like avoid such ones
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I guess you should withdraw your profits every time u make them, don't compound. It's dangerous
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Lot size just depends on the amount u have deposited. I usually keep my lot size the 1% of the amount deposited
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Demo and real are entirely different, Demo is for practice while real is for money!
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The biggest mistake they make that every trader usually do, is the greed. We let the greed make losses for us
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well i wont tell that exact amount that i lose but it was huge one, something in k's
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the biggest dpeosit i ever made in forex was in k's, yes i did in k's and actually lose a few of them too
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Well because they feel forex is nothing but a scripted game and they r gambling here
Forex - what it is?
in Forex Newbies
Posted
Forex is the trade of worldwide currencies and the brokers provide us a platform to deposit and withdraw our funds