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RodWell

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Everything posted by RodWell

  1. We would not need to keep on investing money on forex. We can invest one time and just keep on trading with that amount as long as you know how to trade well you would not hit MC. But we can trade for long term. So I'm just going to keep on trading for a very long time.
  2. We would not need to keep on investing money on forex. We can invest one time and just keep on trading with that amount as long as you know how to trade well you would not hit MC. But we can trade for long term. So I'm just going to keep on trading for a very long time.
  3. An initial investment of $50-$100 would be a good start. In this way you can easily see your money grow than investing in small amounts. But you should be aware that you could last that capital but not instantly. Psychologically it also helps your mind compensate with a loss because you still have some money remaining than start in small amounts and get wiped out from the start.
  4. Well, traders will be unable to control their own luck and what they can do is keep to enrich their knowledge about forex and experience in trading. With that, trader will able to predict price movement more accurately and execute order more logically. Ignore the luck factor and keep stick with the factor that able to make traders success.
  5. I prefer live if theirs a live mentor because I can see facial reactions and some personal questions that online questioning and teaching can't be learn. I really want to do some workshop as I can directly interact on how to trade in forex trading and earn money from it. But I guess its going to take some times before I can find a right person to teach me.
  6. You can see that there are a lot of traders of different skills and levels of experience converge here at forums to discuss about the different aspects of forex trading that can be beneficial to the rest of the trading community. This is sharing knowledge that can help a trader better themselves.
  7. Admin kindly try to add webmoney as i can't use egopay. egopay has high fees and withdraw only to payza. that's why i hope if you can add webmoney as a payment option. Thanks a lot.
  8. Displayed Username : RodWell Amount To Request (DMT points) : 150 Payment option Perfect Money: U4854935 Hope to get approved and paid soon, Thank you, dear admin !
  9. Demo account is quite good to practice Forex trading and know the mt4 terminal well and also get acquainted with the behavior of various currency pairs. However profits made in a demo account does not necessarily indicate that we have learnt quite well about Forex and acquired enough knowledge and skills to begin actual trading.
  10. I don't think we can do consistent profits even we do it as a main job. Yet, I would say only take it as our job if we know that we can make profits and also have other source of income. Because, expect the unexpected that we might not able to gain profits in a day or even for a long time so, we just be patient and try other ways to earn.
  11. About me, I have a trading plan which contains money management rule, when to trade and when not to trade, which pair suitable to trade now, which day is not suitable for trading and recover plans. Our plans must be well studied.
  12. It's difficult if we don't have good trading strategy and that we don't have here any means to have good analysis and decision. Although, in every business there's no such easy thing because, of the risk we will surely have difficulty in reaching or achieve our goal in that business.
  13. In fact there is no easiest way that one will tend to agree is very easy. Forex need a lot of trading skills and strategy to lay upon while trading and to me I think the most easiest way is to learn what usually work for you and use that strategy when trading forex.
  14. I just put a pending position on that day depends on what is the daily good rate is. If I can earn good amount each month then I'm happy if not then better try to improve your skills in Forex trading. But so far I do earn 5 to 25% a month in Forex trading and its really rewarding to trade daily.
  15. Forex is gambling, I haven't considered gambling myself because I have no influence on the outcome or the result at the end of the day. If there was somehow that I can do some preparation or do better analysis that will guide me on what to place my bet on in order to increase the chances of success.
  16. You have always to take your time in learning; you can watch videos in youtube I was doing it with some indicators I couldn't get. Always take notes of those indicators with its setup and components; anyways my knowledge in forex is not that superb because I am also in the process of learning more.
  17. actually all of them is good for us, but from what i see education and experience have the same amount and both of the overwhelming the luck things here, from what i see based on my trading activities in some months back, education and experience have about 45% for each and luck will be the rest by result.
  18. I am prefer forex than hyips because if we loss in forex then there will be our learning and if we win then mind satisfaction and if we here from long time then there is a great chance to become successful trader which may our career but in hyips although there is chance to gain but there is not anything to learn.
  19. In my opinion, we should try and satisfy with the little one we have here this can be a very good way to ensure that the trader trade with a calm mind for sure this is a very good step but when we trade with just a mind to not be satisfy then be rest assured that you will trade with greedy way.
  20. Once you want to invest your funds online, i think forex will be a better choice for you because it is the only place where you can earn good profits with less investment. And first try to develop the forex skills and try to do as much as practice as you can and then you go and invest with a real account.
  21. It's clearly that there are many people, not too many, but quite good, and they are doing forex trading as the main job, main business. Forex for living is for them. Few of them is my friend here. They are doing good and not bad in forex trading though. So, this is the fact.
  22. For me, I really strange of thinking this childish quarry that why demo account is better than real. Suppose for MBA mathematical calculation is very easy, but in practical field to make proper future estimate is very hard where need better experience. So like all here also demo account is best learning procedure.
  23. Indeed there is no limitation how many dollars that you should invest in forex because you can start trading even with 1 dollar in your account. But I suggested to use at least 50 dollars as initial investment but if you wanted to try using welcome bonus from some brokers.
  24. I think that there is nothing that a robot can do other than what a human is capable of, it is just a program where certain conditions are pre-feeded when to enter in a trade and when to close it, as per market conditions these need to be changed so you need to re-program the programming as per need to avoid the robot program acting unexpectedly. Personally I don’t depend on it a lot.
  25. We have to do their best to try and minimize this risk by learning and improving their trading skills so that they become better traders. It's not possible to eliminate the risks fully but a good trader will always try to better themselves and their technique so that they can eventually get to make more profits.
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