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PROPENSITY100

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Posts posted by PROPENSITY100

  1. @senger

    Hi today I wanna share my tips about forex. I believe if you can follow these tips you will be success

    1. control our emotion

    2. read global market update news

    3. chat with another traders to get more info about the good currency and ask his opinion about our trading

    4. use robot forex coz the analysis is very accurate than we use manual trading

     

    I agree with your first three points but not with your last point which states that robots are accurate. All Ea's work for sometime and fail at one point of time when they start bringing losses to the trader and eat the previous profits. I prefer manual trading to robots.

  2. Developing good strategies and plans is the essence of successful Forex trading. Its the knowledge and skills of a trader which enables him to make good plans and strategies. Sticking to our plans is also equally important and difficult and requires adequate control over emotions.

  3. Discipline is essential to become and remain successful in Fibonacci. even pro traders sometimes are unable to control their greed and ignore the safety of their capital with a view to earn more.

     

    So my view is that if a person is unable to exercise proper control over greed he should consider giving up Forex trading unless its too late.

  4. I used to trade with no deposit bonuses during my initial trading days but I have give this idea a long time back. There are many conditions regarding the withdrawal of this bonus and it is meant for testing the brokerage house.

  5. Forex or Foreign exchange is the buying and selling of currency pairs with a view to make profits. Before starting Forex trading a beginner should follow these two basic rules to be successful

     

    1. Learn and practice Forex trading.

     

    2. Chose a right broker.

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