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Everything posted by uncle gober
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practice to be consistent on the profit obtained
uncle gober replied to rizal83's topic in Forex Newbies
Right, and as a trader, we need to minimize the risk when trading. We must learn how to minimize the risk in forex trading. We can start trading with demo account first to learn about forex trading. Try to manage our fund and more understand market movement so we will get maximal profit -
Yes, it’s definitely only the concentration is very crucial and fundamental because only then we will be able to work out smoothly, but if we lack focus or concentration then we are likely to face huge battle and that’s never going to lead us anywhere.
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It's very good if as trader learn more and using demo account to finding profitable system trading because in fact not easy trading in real account, although as trader already having long years experience but still not will guarantee will obtained profit consistently and still possible facing with margin call account
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This practice account is actually endless. You are going to keep on trying or to perfect your trading. Thus, you are going to continue on practicing of your trading strategies and to have better profits or better trading. Although, in Forex, it does not truly apply the saying, Practice makes perfect. Because, in Forex trading everyone is bound to fail as in losses in their trades.
- 460 replies
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- Learning forex
- Should i trade in forex
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As we know that every trader will and has faced some loses and Facing loss is part of every business in this world, so accept it, and think smart move on for next so that you can have positive attitude towards your business and you can learn from mistake.
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for large or in small benefits we get from forex trading depends on our own management. attention to MM and RM is also one of its factors. because if attention is given less a trader against MM and RM, it could affect the results generated.
- 460 replies
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- Learning forex
- Should i trade in forex
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but in the end it's better for a trader is able mengandalkankan trading capabilities of its own. because by relying on its own trading skills, not just the profit or loss will be in the can, but the trader will gain the experience that will greatly affect the success of the trader, in the world of forex trading.
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practice to be consistent on the profit obtained
uncle gober replied to rizal83's topic in Forex Newbies
because it is basically a trader in demand to be able to face any problem and is able to find a way out. not all traders are also in demand to have mental as well as patience, look at forex trading is a business that is difficult to predict, and therefore a trader should be ready with all the things that will happen. -
but the success or failure of a trader in the forex trading depends on the trader. because if a trader memilkiki motivation that is lacking in this forex trading, it will affect the results of which will get it later. in addition to the result, its risks should be calculated, see forex trading is a risky business.
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therefore to minimize the risks that may occur, are suggested for novice traders to learn and recognize beforehand about using forex trading demo account. beginner traders themselves must also make use of science anything contained on demo accounts, and it is expected that already in the sciences can be used when using a real account.
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evaluations are done regularly is also a business that can be done by the traders to have the ability better trader again, as with the development of trading skills a trader for the better, then the profit will be in the can by the trader could also be optimized by risks that have been minimized.
- 361 replies
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- Forexmentor
- forex mentor necessity
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due process to have the ability, experience and sufficient mental, requires a long time. a trader should be able to go through several phases could be like that, and not infrequently a lot of traders who decided to quit the process because of his lack of mental and strong motivation. therefore one of the important factors that should be owned by individual traders is, confidence and a strong motivation in forex trading
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hone your trading with a demo account and a real account
uncle gober replied to rizal83's topic in Forex Newbies
promo or utilize the facilities provided by the broker can increase knowledge and experience on forex trading. so I think if we lose as traders can not take advantage of the facilities already provided by the broker for our use or to be utilized. because in addition we got the science, we can also benefit if it could become a champion in a contest demo account for example -
as traders themselves, especially novice traders are suggested to learn and know in advance forex trading using a demo account. see the funds used in the demo account msih virtual form, it can minimize the risk that could happen in this forex trading business. apart from being used as a place to get to know and practice trading forex, demo account is also not infrequently used as a place to create a strategy that will be used to use me real.
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I agree . own demo account should not be considered as a joke, if the trader was smart, a demo account will be utilized as much as possible. see a lot of science that we can get from a demo account. not to mention the demo account can be used as a trader to set the strategy prior to use by using a real account
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for a demo account itself apart used as a place of learning of the trader, is also used as a place to experiment before the strategy used when using a real account. see the funds used in the form of a virtual demo account, it can minimize the risk that could happen.
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but at the suggestion should not be too ea of use is a priority for a trader, it is feared will have a bad effect on a trader's own. teach trading skills a trader top priority in this business.
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experience and readiness of a trader must really matured in forex trading. a trader is not only ready to make a profit, but a trader must also be prepared to accept the risk it. for it was behind the huge profits saved a great risk as well. everything is balanced
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patience more precisely. the patience of traders are tested in this trading froex, look at this business is full of risks so that any decision taken must be filled with calculations. not only successful in forex trading, success in any case, all of them need process
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besides there are many things that must be calculated or note in forex trading if you want to get maximum profit. one of them about the attention to the leverage that you use at the time of open orders. it also affects the profit and the risk that you will get.
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Do you participate on demo contest?
uncle gober replied to Ronnie Irani's topic in Forex General Discussion
if you want to contest what his dalah for the try? , If you already have enough to take advantage of a demo account is good, you can try the promo contest demo accounts as at Tickmill -
When Did you start your First Trade?
uncle gober replied to kiranchandra's topic in Forex General Discussion
but success does not happen instantly or just happen. all of them need the process and in this process was a lot of traders who choose quit in forex trading. therefore recommended to traders particularly novice traders, to consider everything before joining in forex trading -
make forex trading as your main job it is depends on how you cultivate motivation from the beginning to join in the world of forex trading, but to note here is the risk that could occur in trading so great. but the big risk was balanced with the profit that we would receive if we could manage it properly and correctly
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