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radex78
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Everything posted by radex78
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Can no deposit free money help you achieve success on forex ?
radex78 replied to kaito kid's topic in Forex Newbies
Indeed if using high leverage hence will boosting opportunity to making bigger profit in trading, and no deposit bonus also as one way to learn and trying luck using free capital, but indeed usually there are certain rules regarding with bonus no deposit, and sometime rules too hard and making difficult to withdraw profit bonus -
Actually forex opened for every trader, which as trader need to learn and practice using demo account if still newbie, because although forex opened for everyone but in fact not everyone then suitable with forex business, maybe we often hear if more than 90% trader fail on this business, so making good early preparation is good for newbie
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- Learning forex
- Should i trade in forex
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hone your trading with a demo account and a real account
radex78 replied to rizal83's topic in Forex Newbies
Yes if we can always calm minds to analyze the market and we can discipline using risk management and money management hence will possible to increasing our capital and making growth day by day, but forex trading is risky business which as trader need to always pay attention with the risk that involved on forex trading -
But maybe as trader also they should learn using real account too, if they already able manage money on demo account with good skill hence they can using real account and spent money that afford to lose first before using huge money, if likely still margin call it's still not too big money losing
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Forex now is one of the Online Business
radex78 replied to luke1's topic in Forex General Discussion
I am also still using stop loss to manage the risk in trading, although actually there are several way to manage the risk like as using hedging position or cut loss manually, but using fixed stop loss in my opinion is easy to calculating risk level, and we can learn from our mistake if likely we often facing with stop loss -
Although only demo account but if any trader learn seriously hence they can using demo account for backtest any system trading and also if trader like using ea they also can using ea on demo account to test before used on real account later, if trader confidence in demo account then they can forward to real account with using small capital first
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I think each trader they have own decision will treat forex as part time or full time business, one advantage forex business is we can as part time or part time business, and if we can making good money even treat as part time also good if we can making profit on trading, I am also treat forex as part time till now
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what are the best forex trading Hours?
radex78 replied to asiaforexmentor's topic in Forex General Discussion
If likely we not yet reading using real account hence we also can take benefit from demo account, and will good when trading using demo account they trade and learn seriously, because real market condition if compared with demo market remain same, if occur difference might only one pips because different server broker -
Why do you think people are scared of investing in forex?
radex78 replied to Levie's topic in Forex Newbies
Obviously making money through forex trading is not easy like as on imagination, forex trading remain risky and many trader required good skill if want to success on trading, if likely trader already having good skill and really understand with forex hence making money with forex is will get easiness although sometime loss but eventually will able making profit on last period of time -
Yes of course look broker that having regulation is become one tought before joined on company, because if broker having regulation hence will better than no regulation, and will good if also although already using broker that having regulation but also still pay attention with risk on forexl, spent money that afford to lose is better than reckless using all saving money for forex trading
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hone your trading with a demo account and a real account
radex78 replied to rizal83's topic in Forex Newbies
Yes very good if any trader willingly to spent time on demo account if they not yet ready or having capital on real account, and better using demo account with seriously because if trader only using demo account for fun hence will less effective on their learning, fail in demo account mean still not yet ready start on real account, but success on demo account still not guarantee success also on real account -
Regulation, Do this really important for broker?
radex78 replied to myregister's topic in Forex Newbies
Regulation is important but this is also not as guarantee will always safe broker, sometime because they weak on competition then become scamm, but indeed many trader suggested to choosing broker that having regulation, because if trader not making research with these broker hence will worried will turn to scam broker -
Yes indeed usually reckless in trading is included as one mistake that cause many times loses, in trading will better if we always trade with control our emotion and always manage our money wisely, because forex trading remain risky and as trader need keep discipline with obey rules system trading also money management
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Yes as we can possible to work smart and having good perform in trading, and how to making good trades hence as trader also need learning, if we already able making profit hence don't lead to become over confidence, and we need trade with keep calm minds because to manage money in forex is not easy
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Forex now is one of the Online Business
radex78 replied to luke1's topic in Forex General Discussion
Forex business is very popular business right now, and many trader around the world maybe already know if forex is high risk high return, and there are advantage and disadvantage about forex, which one advantage forex is we can trade at home and also we can treat as part time business, but indeed making profit in trading is not easy -
For learning purposes using bonus is useful indeed, and this is also help trader to learn trading with free of risk, but might not all trader will like using bonus no deposit and they might already as profesional trader which already manage huge money and might work for company, but retail trader usually like using bonus no deposit
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Do you participate on demo contest?
radex78 replied to Ronnie Irani's topic in Forex General Discussion
Yes we need high dicipline in forex trading but also we need to accept the risk that involved in trading, because not always as trader will able making accurate analysis due sometime movement on the market very dynamic and not always as trader able analyze trend perfectly, discipline with implemented risk management and money management is one way to maintain account longer life -
In trading forex as trader can experience with loss, not always as expert trader always able making good accuracy trading, and loss sometime inevitable, but as trader need to always keep risk management and money management, which as trader need to keep discipline with risk management and money management
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I Think Forex is Just Gambling , Do you?
radex78 replied to kiranchandra's topic in Forex General Discussion
I think if any trader only work like as gambling trading hence will hard to survive on forex for long run, in forex trading as trader need manage money with risk management and money management, which as trader need to keep discipline and if on doubt not enforced to enter because if only like as throw coin hence it will far from trading which as trader need to calculating profit and risk -
However using demo account is good way to manage money on forex market, if any trader want to backtest any system and strategy, might using ea to start trading hence using demo account is good way to learn and practice, we can trade with risk management and money management in trading, if then ready start on real account we can jump to real account then
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Yes of course as trader need to always learning and practice, indeed will better if already passed on demo account then using real account with start using small capital on trades, because to built up better psychology trading will good using real account which as trader can learn how to running system trading with discipline and also using money management discipline too
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Yes as trader need to making preparation on trading, if not yet ready on real account hence they can using demo account although on demo account is not giving all environment on like as on real account, but using demo account for learning purposes is best as early preparation because many trader fail due included one reason trader not using demo account as early preparation
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whether you like positive or negative slippage?
radex78 replied to uncle gober's topic in Forex General Discussion
Maybe survive in forex trading is not easy, making money through forex business is required good skill and also need experience to manage money on forex trading activity, and as trader need to always keep improve to manage money and making good skill with more practice. -
The best traders in the world – what they have in common
radex78 replied to analyst75's topic in Forex Newbies
Maybe on forex world many trader that success in forex as the best trader, I am ever hear one grandmother on japan which she become rich from forex business and also included as success trader although already as old women but still as effective on trading, also many trader from rusia also often become winner on contest. -
Yes as trader need to reading trading policy and especially whether these broker has regulation or not, because if broker not having regulation hence might will suspicious as scammed broker, and with reading broker policy also as trader will get understanding how trader should working on these broker for security account