Exchange Blog Cryptocurrency Blog
-
Posts
3,330 -
Joined
-
Last visited
Posts posted by gaban
-
-
Trading in more than one broker is not a ban for a trader. But we must remember, we must be selective in choosing a broker. So we will still comfortable even trading in more than one broker. However, I prefer to trade with a broker only, to make it more focused and now, I am trading in InstaForex.
-
Choosing the right leverage is very important. Leverage can not only increase our profits but also the chances to lose our capital. I prefer using higher leverage when scalping and lower leverage while doing news based trading. when we increase the leverage its prudent to keep the deposit low.
Yeah, and we have to be wise when choosing leverage, because because leverage can be a weapon that could endanger our account. High leverage, high risk.
-
I am sure that there is no way to eliminate the risk in forex . May be you can minimize your risk with some good techniques that can be followed to minimize by till now there is no strategy that can help us avoid the risk . With our risk there is no forex and never expect to get such ways that can eliminate the risk .
Yeah. you're right. We can not eliminate the risk in forex trading, because every business is certainly there are risks. The greater the risk that we will receive, the greater the reward that we will get, if we want to try to minimize the risk.
-
Risk management in forex trading is very important. Because if we have not risk management, we can't minimize the risk that we will get. And it mean, the chance to get profit is smaller.
-
Forex trading is a part time job for me, i can get additional income to fulfill my daily needs from forex although i sometimes get loss or margin call but it's not a problem for me.
-
In my opinion Instaforex is one of the best broker that we can trust to make an investment with them. IN my opinion most of the traders from Asia will be selecting insta forex as a best broker ever . I am sure that most of them agree with me . And you no need to worry about your funds because Instaforex is one oaf the trusted company since years .
I also use instaforex to trade. We also don't have to make a deposit if you want to trade with InstaForex, can take advantage of forums that give bonuses for posting. So far, i get comfortable service from this broker and their customer support is very friendly.
-
I guess so. Although, I know that we will have their pros and cons. And we can't really have perfect Forex brokers. All of it have limits but of course, we just have here prefer Forex brokers. I can say that I'm quite satisfied in the brokers that I have despite that I'm not able to make good profits yet for long term. Definitely, we will have our standards in those brokers so we should research them carefully.
Yeah, because there's no perfect broker, every broker have weakness and strength, include instaforex, a broker which i'm using now. But the most important is they have good support for client, and give comfortable for us to trade.
-
Forex is a risky business and so one should avoid relying on it wholly and solely to sustain oneself. However Forex can be sued as an additional source of income with great potential if one makes efforts to learn it thoroughly. If we chose Forex as our only source of revenue then we need to trade either if we sense any opportunity or not. This makes us more prone to loses.
Yeah, if we wanna make forex as our primary source of income we should be trading well so we can get a profit consistently. We must capitalize on the opportunities that exist to be able to get profit. Because I am still learning, so I have not dared to make forex as a primary source of income.
-
@yogesh
Yes, I knew if it is not all brokers that provide PAMM System but I found many brokers provided that. If you looked on FXOptimax,
there is PAMM System too, in FBS there is PAMM System too and some other sites. It is important to connect traders and investors
and it provided profits sharings so there is no need to worry about all agreements because it will be processed automatically.
And InstaForex also provide it for their trader. The PAMM system provides all its user with control and report on all operations, shares and returns in an automatic mode. A trader can accept an unlimited number of investments of unlimited amount from an unlimited number of investors
-
We need knowledge about forex if we wanna trade. We can't rely on luck if we wanna get profit consistently and be a successful trading. We can learn from books, forex forums and other sources to get knowledge about forex. And we can start trading in demo after knowing the knowledge.
-
There is no perfect trader can trade without making mistakes, including my self. Many mistakes were many I did, like not discipline with rule, can not control your emotions, greed, etc. Make evaluation is the best way to know what our mistake that we have done.
-
Yeah, we need enough long time to get success in forex, Practice and practice will make us to be a better trader who have skills more better from time to time. Use our experience as our teacher. I usually use demo account from instaforex to make more practice.
-
Trading and gambling are different things, so we can not equate the two to each other. We must have knowledge and experience in forex, and we need enough long time to be a successful trader here. Need patience to facing problems, not greed.
-
demo trading contest did very well as a place to practice because of the contest demo we will be more passion to improve the ability we have because there is so much competition in the demo contest and we will try to better in order to become a winner in the contest demo
If we can win the contest, we will get the prize which we can use to make our balance more increase and we will get comfortable trading. So, demo contest is not only place to practice but way to get additional balance to trade. And we can conclude, demo contest is very useful. We have to use it as well as possible so we can take the advantages by taking part in demo contest.
-
not all brokers, but i see now that become trends to attract more trader to trade in their broker account, and some of them even give us free money but through forex forum, so we need to discuss about forex and share something first before we can get capital to trade
Every broker have ways how to attract more trader to trade with them. And instaforex have done with their forum and other promotions.
-
I trust InstaForex to invest my money in forex. But until now, i just use posting bonus to trade with this broker.
If there's thing to be used to start trading without deposit, why we don't use it?
So far, i never found problem with this broker.
-
Thank you for the advice, demo forex used as an evaluation of the ability of a trader before facing the real trade. however, as a good trader should also use a money management.
Yeah, demo trading or demo contest is the best place to make practice, beside that it's the best place to get additional balance to trade. Many advantages that we can get from it. So, use it as well as possible.
-
I am sure that forex forums really help us to make some good amount to credits and that will surly help us to trade with . Most of the times i will be working on with some good no of forex forums and they will be paying the forum bonus to the trading account and i will be able to participate in trade and earn some money .
Yeah, forex forum which give bonus for posting is one of way to get free capital trading. I also get it from InstaForex, and i think other broker will give free capital for their client in different forms, like welcome bonus and so on.
-
A demo trading is a very better way to gain good knowledge about forex and with out demo trading i am sure that almost all of the traders will not be into this forex . The real trading will help you to earn money and demo trading provide you a realistic trading environment where we can gain a very good knowledge to trade with real trading .
I agree with you. Demo trading is the right place to start trading and learn for beginner. I also started trading in demo and it's very helpful for me because i get trading experience which i can use to trade with real account. Until now, i also use it to test my trading strategy and to take part in demo contest.
-
I started trading with $35. It's free capital, i get it from posting in forum which sponsored my broker. And with that capital, i can trade until this time with my broker, InstaForex. I get profit little by little, although i ever get loss too, but it's not a problem for me. Forex is a business, and there are loss and profit.
-
I think if we can not make a profit consistently. it would be too risky if we make forex as a full-time job. Because as we know, this is high risk business, and we don't know what will happen next because forex market is dynamic. And for myself, forex is my part time job, because i'm still beginner who must learn more.
-
Trading is my part time job, so forex is not only my source income. As we know that forex is high risk business,that's why I have not dared to decide to make forex as my main source of income.
-
Is that bonus available now . that is really great to see that instaforex is offering that bonus to the members . Actually i have an account with insta forex and i am really happy to see the new bonus promotion . I will try to make use of this bonus promotion may be it is available for now .
I also have an account in instaforex and i get free capital for trading with this broker by posting in forum which sponsored by this broker. And it's very helpful for trading who wanna trade without having deposit first. Let's use bonus from broker as well as possible.
-
I'm totally satisfied with my broker. But I'm not satisfied with my capital. I know I can grow my account big if only I have big capital. That's why my focus is to increase my capital and hope that I can earn more each month. The more capital I have the higher the probability that I'm going to grow big. I hope that some day I can say to myself that I'm a successful forex trader.
I hope so. And i can increase my capital trading by posting in forum which sponsored my broker, beside compounding profit, have you try it?
Luck vs Education vs Experience
in Forex General Discussion
Posted
Education and experience are things that we need if we wanna trade. If we just rely on luck, we will not be be a successful trader. By learning from experience, we will get valuable lesson that we can use to make our trading skill be better.