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radex78
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Everything posted by radex78
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Yes pamm service from broker also like as working together which as manager they also get earning if they can having good trading skill, and as investor also get profit sharing, and here as broker they also get earning from spread , but as investor if get loss because manager can't work well they as party that on most loss side, because they investing real money and as manager pamm they only trade while broker get earning from transaction that made by their client which here is manager pamm
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Yes indeed all business will involved risk, no matter offline business and forex trading, and because these risk hence any people they will thinking how to manage the risk to minimized, while in forex trading also as trader will learn how to minimize the risk with good learning, with using best skill analysis market and also money management and risk management in trading
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I think many trader agree if about psychology trading in forex has important role in trading, and as newbie if want joined forex also they need ready with their mental, but of course will better treat forex step by step, because usually in every step will different psychological level, like as if newbie start in demo, usually will free from emotion pressure, but after start in real account, usually as newbie still having too much fear in trading, after look loss floating sometime making their heart will beat faster
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Maybe we will get various experience if already using service from some broker, and yes now many broker offer low spread and also another easiness for retail trader wich many broker also offer high leverage, and low minimum deposit included forexmart also offer low minimum deposit, and although as poor people now having opportunity trading forex
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Forex now is one of the Online Business
radex78 replied to luke1's topic in Forex General Discussion
Yes you right and one advantage forex online trading we can treat business as home based business and don't need hiring room and many tool, we only need computer and internet connection to start business but of course also need another supported tool especially knbowledge -
why many people see forex trade as gambling?
radex78 replied to rockstar's topic in Forex General Discussion
Forex is real business and as trader should they treat forex as business and not like as gambling, so as trader need always keep learning and having discipline in trading, which mental trader is always making estimate whether their trades is effective or will on endanger area, and if risk likely higher hence they will stay away from the market but if likely market support to making good profit hence they will enter -
I think many trader agree if about psychology trading in forex has important role in trading, and as newbie if want joined forex also they need ready with their mental, but of course will better treat forex step by step, because usually in every step will different psychological level, like as if newbie start in demo, usually will free from emotion pressure, but after start in real account, usually as newbie still having too much fear in trading, after look loss floating sometime making their heart will beat faster
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Yes indeed all business will involved risk, no matter offline business and forex trading, and because these risk hence any people they will thinking how to manage the risk to minimized, while in forex trading also as trader will learn how to minimize the risk with good learning, with using best skill analysis market and also money management and risk management in trading
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Risk in trading always involved and we can analyze learn how to minimize the risk with good learning, built up good mindset if forex is business and not considered as gambling, I think gambling in trading will never long run in forex, many gambling trader will fail eventually, and treat forex as business hence will making trader always trade with proper money management and risk management accompanied with good analysis
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Usually robot work on technical based and not for news fundamental, but might also depending with strategy that used in robot, I mean also will depending with creator, there are robot that can work with strict money management and use hedging strategy and although on news time still can work well to maintain account, but will better also use manual monitoring
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Well I think will many difference perception about addicted in business, and maybe word addicted is for them that addicted on drugs or cigarete, and in business might this is not addicted, but might close to hobby, and hobby usually will making people treat their hobby with sacrifice, and also will learn well to forward their hobby, and sometime start from hobby can giving income for people
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Why do you think people are scared of investing in forex?
radex78 replied to Levie's topic in Forex Newbies
Yes eventually will depending with each people perception, because each people might having each interest to joined certain business included forex, if on start already fear will losing money hence they will first time fail already because their weak psychology on starter time, like as any kids want learn to walking, because scared first hence they can't walking because never practice, so I think many people scared investing in forex because they already fear losing money before start -
As long as we always wisely investing money in forex business hence we will more comfortable in trading, and as long as broker giving best service, for their client hence we will always comfortable using broker, and of course most important point is everytime we making withdraw money still processed smoothly, because although we joined right broker but might we have problem to withdraw money hence it will making disappointed
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Making consistent profit is almost goal many trader, but in fact to making profit consistently without good learning hence will difficult to making profit all the time, forex always as risky business and not always as trader able making perfect analysis all the time, sometime loss inevitable but of course as trader will learn from their mistake
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Forex business is one great business as reliable source of income, and we can making money with forex trading, many trader joined in forex they having reason to making money with forex business, but also forex is risky business which as trader having possibility to losing money,and we can learn how to trading forex with good learning
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We can get inspiration from certain success trader, because success is not limited by age, every trader although they already as old people and young trader they have same opportunity to treat forex and making money with this business
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Yes of course as trader must they learn how to manage the risk in trading, because forex is not only about profit but also about the risk in trading, and actually as trader also they can use demo account to implemented system trading that already learned and will good if in demo also already able making good profit with cponsistently at least six month it will help much in real account
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In my view bonus also can useful for trader, and usually broker also offer bonus deposit and no deposit bonus like as on forexmart also offer bonus although there are certain rules to eligible withdraw profit bonus but this also attract many trader to trying platform broker and start trading with bonus
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One advantage trading with ea, is no emotion because ea will work based on logic and performance robot also depending with creator, because many robot out there also only causing fail and margin call account, now I am trying ea for scalping but not always I am running these ea, and only running on time when I can online because not hire vps
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Yes forex business also as one business that can giving additional income if any trader already they understand how to make money with forex, but of course to become profitable trader required long time process and indeed not easy, and might forex although opened for everyone but not everyone will suitable with forex trading
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- Learning forex
- Should i trade in forex
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This is not good idea if we become over trading, usually if we greedy in trading hence result that will obtained only will get failure and will disappointed eventually, in trading we must control our emotion and also we must learn keep discipline with implemented all rules trading with right way
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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 we can trained skill in demo account if we can learn seriously in demo account actually also can giving valuable lesson for us, because market condition is remain same with real market condition, we can learn how to analyze the market and also trained risk management and money management -
So many ea for scalping trading, just now I willing to test ea that I got from certain forum with free no buy ea, seems quiet strong but still not yet sure whether this ea will run and profitable or not, because still trying ea if can online and not yet trying hire vps, but I think many scalping trader that already expert they can making good profit
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Yes as trader they need making evaluation trades and learn from their mistakes, because risk in trading always there and we can deny if eventually suffering with loss as trader must accept these risk as part in trading, we can't eliminate the risk but we can control the risk with learn good analysis and also proper risk management
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Yes right, life is learning process, as long as we still life and we treat forex as our business, of course we will never give up and we will always trade with proper risk management, because if we always trade recklessly and trading with greedy usually the end result will facing with failure, and about control emotion is very important in trading