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radex78

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Everything posted by radex78

  1. Yes enought for me, so far I am never trynig another platform after use metatrader 4, althogh there are mt5 Ctrader, ninjatrader etc, but still use mt4 in my trades because already support use robot and also we can use custom indicator
  2. Maybe is not gfood habit if we always repeated same mistake, in trading we also need to use certain rules to avod same mistake repeated again, because it will leading to same failure again, so I think before making any decision we also need to have reason why we enter and then we can recognized our misake and learn from it
  3. We also need to understand with demo account purposes, if we want to backtesting system and strategy, for serveral month it will help us to making summary result in demo account and then we will making decison whether these system will implemented in real account or we use old system, forex is always risky but as trader they need to take the risk if want to gain
  4. Forex market movement daily alwas changed and we have opportunity to catch profit in daily basis, but we also need to understand with the risk that involved, we need trade with risk management to avoid big loss in trading, because not always after we open trades then price will move to our favour
  5. Greedy is bad thing in forex trading, as exerienced trader they said if money management is very important because actually trader will never know where price will move ahead, in trading we need also put stop loss I think, except on early preparation already invest money that will used for strategy trading without stop loss and the end stop loss is margin call account
  6. Don't despair, I think if we running forex business with fun and enjoy, we have no target will become rich from forex, and we just flow like as water in this business but keep learning, I think we will able manage our capital better than before,
  7. Yes this is key point in trading, about entry and exit point that wil determine any trader will get profit or loss, and not always in daily trading we can analyze trend market easily, sometime we in doubt aboiut the trend ahead, so required patience and no problem if we not trade everyday as long as we can making good quality trades it will giving better result
  8. Could be, forex is risky business and I think every trader already knows this matter, but in business of course any trader they need to take action if they want to know the end result, but also if they use these capital and still in risk consideration, it's okey I think, but if for small trader like as me, using these capital is dangerous because making these money from salary etc might can;t achieved a year job
  9. Maybe many trader they felt addicted with forex, but if they still as looser might addicted with forex will become bad thing, and if they can making money with forex hence addicted with forex is good thing so in my opinion as trader that might addicted with forex they need use in general portion, just invest money that afford to lose
  10. I think for safe trading will better use smallest lot size, because also during trading will more comfortable and not full with tension, different with if we trade using big lot size which usually will making tension higher and maybe will disturbed emotion Manage mney in uncertainty market required good risk management and money management, if we have small capital will safe using small lot size and if we trade for long term also will strongest because will make strong margin to withstand price movement
  11. Actually I don't klnow abut this matter, gangster and forex, maybe some people usng forex to money laundrying but I don't know for sure, and as long as still get earning from forex business and can withdraw money from broker, I dont care about gangster, but if there are impact for many trader might this will become serious problem
  12. I don't know certain trader they said if fixed spread is for broker dealing desk, which our order still holding in broker and not throw in the market directly, but so far stil enjoy using fixed spread and as long as every withdraw still processed smoothly hence still bellieve with these broker
  13. For me usualy still prefer with manual trading usng technical analysis, but also still important to reading news in calendar economy, just to look on news high impact like as fomc, which signed as high impact news, often news like that giving big impact to currency. Maybe still many trader use technical analysis because this is simple way to analyze the market, different with fundamental analysis which required many data before making decision
  14. Yes I think you right, indeed i trading we can makig quick profit, like as scalping trader which they trade with short term tradng plan, they only take small profit but use bigger lot size, but this is also risky, once mistake in anlaysis can causing bigger loss too, I think will better low profit but we can made in regular based than big profit but can't stable
  15. If any traderwant to making profit of course they must trade with accurate analysis, but also they need strong mental or psychology, money management to adjusted lot size according the risk and strategy, and risk management to manage risk in every plan trading, depending with our style if scalping might we can making daily profit and also loss
  16. So far nnot yet found any problem with sread fee in my broker, still run smoothly and run as general spread, I like with trading on pair that has good average movement like as eurusd, eurjpy, gbpjpy, although usually cross pair has bigger spread,but average movement included in good movement
  17. Usually I will start with lowest lot size in my trades, but also sometime depending with my strategy, if work as scalping sometime I can use bigger lot size because have small pips target, but usually also split order in different price with averaging strategy, forex is like as art business which we can use many strategy and chose one strategy that suitable
  18. I have no ex[erience trading on stocks, sometime if reading trader stocks making confused to understand, because not yet ever faced with stocks trading with own selves, in my opinion in forex now also alredy available so many instrument trading and we can chose one instrument tadiing that we can undesrstood
  19. Usually, as scalping trader they will more prefer trade with broker that has low spread and it will giving more benefit for them, if compared with broker that offer higher spread scalping trader will making comparison to trade with these strategy on broker, but maybe not all broker allow scalping so beter understand also with rules broker
  20. WIll beter if you spent more time to practice, although only use demo account but if you can test any system trading and learn how to manage money in uncertainty maket condition, actually demo account is good place to learn and practice, don't rush jump to real account without experience, because forex trading is risky and market forex very fierce
  21. If newbie already they have good confident then jump to real account, first to remember if real trading will different psychology if compared with demo account, so investing money that afford to lose first before imagine about profit in trading, now many broker offer low deposit like as forexmart
  22. Any trader they can using demo acoount to backtesting new system trading and strategy, or if they prefer using ea, they must backtest ea on demo account first to understand how these ea work, if only giving fail and margin call account, so better not used in real account
  23. Yes this is giving benefit for many people around the workd because they can take part in forex business only from home forex can treat as home based job like as housewife if they wiling to learn forex, actually they also can making money from this business, but of course required knowledge and smart brain to learn forex
  24. Actually forex market move very dynamic, but here as trader also need to learn to determine best timng to enter and exit, if only trader being recklessly in decision making often they will faced with floating loss so will beter if we always concentration with the market to determine entry point based on system trading
  25. It's okey if signal provider always generate accurate signal trading and making profit with low drawdown, as investor you already choose best decision becaue in fact in forex traidng eah trader have different skill, there are type investor which they want making money with their investment, and as trader they will learn how to making profit from their trading activity
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