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Posts posted by Tariq777
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Closing the trades in less than 2 minutes from their opening time, is scalping
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Of course not, the balance in your account never goes negative so you won't lost more than you deposited there
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I think you should check that info on a forex caulculator and if you dont know where to get one then go to instaforex.com, you'll find one there
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My daily target in the pips is 15-30 pips every day which I have achieved nicely so far and hoping to increase my targets in the future
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Forex is the trade of the currencies of the world and it deals with the economy of the world
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The simplest way of making money here is.... do proper analysis before trading a pair. That's all
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Well maybe because they have low price and they are meant to move slow
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The biggest mistake that forex traders make is the greed, it makes us losers. Has happened to me many times so far
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Making profits in forex isn't easy, you need to spend a lot of time learning and experiencing the forex, then you can hope of profits
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I trade about 4-6 hours a day, but I'm planning though to be a full time trader and trade at least 8-12 hours every day
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Forex is the trade of the currencies around the world, it deals with the world economy and moves according to the conditions of the particular country economy
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I don't think more than twice on one thing, when I'm concerned on opening an order i just do it, no matter what happens next! just kidding I always analyse first
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Wow that's really cool buddy, I like winners and appreciate the hard work you did to make your losing trade a winning one
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The biggest I made in forex was $4,000 2 years back when I was a full time trader but I'm now a part-time trader
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The best currency pairs as we know are EURUSD and GBPUSd, also the GOld is not so bad
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No you cannot lose the more of the funds that you deposited. Of course you cant the balance never goes negative
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I trade about 4-6 hours a day in forex trading and do my homework daily, I'm thinking to be a full-time trader now
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Nice guide you got there for choosing a forex broker but I have already chose one, Instaforex
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My trading lot sizes varies buddy. The minimum is of course 0.01 and the max I used in life was 10
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My daily target is to achieve 20 pips per day no matter whatever is their size, I should get at least 20 pips per day
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I have lost several thousand bucks in forex trading but nevermind it happens in life, someone wins and someone losses
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Of course demo vs real, the real trading will win. Demo is a waste of our time and its just for beginners
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yes I have a trading plan I also know my goals I know what I have to achieve and know how to make it achieveable
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yes of course its very good to trade live, I wouldn't advice you to go for offline trading anyways.
do you have a trading plan?
in Forex General Discussion
Posted
Of course I do, and I guess everyone has one. We never do anything in life without a proper planning and forex is a risky area so planning is important