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RodWell

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Everything posted by RodWell

  1. For sure demo help us lots to test our strategies and if we really want to become good trader then demo have very important rule . but there was some people who really not want to used demo because of virtual money but we need to think first to learn then trade in real.
  2. It is clearly that the beginner trader has no need of a robot. Indeed, he cannot even handle a robot. He is faced with understanding forex orders, and with a robot he is compelled to give those orders which he barely understands. in other words, robots are for experienced traders.
  3. Taking too many investments will gives you less a chance to think about what you are doing and improves your possibilities of creating an error. Also starting too many roles at once, If you have too many start roles it can cause you to have too much dimension on for your consideration and can cause to problems.
  4. Thinking of the demo account as real may be helpful but only for a minority of traders and even they will often make occasional slips where they retain their consciousness about the virtual money involved, so the only true and effective way out is to trade on a real account with small deposit.
  5. About my opinion, I don't think it is mandatory that you lose before you can get headway into making profit from forex trading, if you happen to learn much from your mentors and know much then you might skip the losing phase.
  6. Don't be confused; confused investors get some things wrong. If you find that the data near you is too much to deal with, then take a position up, move out, and take a break. Then, returning up a few actions and go to a position in the procedure where you experience.
  7. I've never used the bonus to trade real forex account and after all this time trying to use forex bonus finally ran out after already experiencing the advantages, but because of lack of experience and flying hours trading in forex finally gone. But with the bonus to trade real forex. we are ready to use our investments.
  8. I will have to choose the live mentor. I want a mentor whom I can ask question freely and with which I can learn through experience and not just some theory. but I think the best way to learn forex is to trade by yourself and get the best strategy that suit your trading style.
  9. In my opinion, forex is suitable for all kind of investments. There are so many traders are trading in forex, so there should be all kind of traders in market. The styles are scalping, intra day trading, position trading and swing trading.
  10. I think that it's very good to know a little about all the pair as they normally say that its good for us to know a little of everything so this is true with forex trading also but have a particular pair which you like most to trade and study it carefully to avoid failure.
  11. In forex market. What you only need to know is how to please her to get rewarded. Forex trading is combination of talent and self learned. Talent because even if you try hard if you really does not have mental capacity to interpret different trend you will go to loss money.
  12. Well, It is all part of the learning curve. For newbie you can also start threads and ask questions regarding certain issues and see if there is something that you can use from the responses you will be receiving. Fair enough there will be some responses that are not useful but I believe there is something that you will gain out of it.
  13. Robot forex has many disadvantages. It cost us very expensive and our computer needs 24 hours on. Beside that robot forex doesn't make a good return in reality because most of the profit shown in their advertisement are already been modified. Most of the robot forex sales shown their profit trade and hide the loss, it makes us only see the positive side.
  14. Yes, demo account is only for exercise for beginner traders and for testing our strategy in expert traders. Usually, demo account is better than real account because in demo account is easier to obey rules and it's easier to accept risk. If we made few mistakes, we can take our mistakes but it didn't happen in real account.
  15. it is very important to test some strategies first and some indicators before trying it out on real trading. Like if we need to find what combination of indicators to use to be successful in trading better apply them in demo trading for some time. I think that we should do this to be safe and not lose money.
  16. I learn Forex and test trade from Demo cash. But now I trade in Real cash only. Because I have learnt and tested trade for months. if need real cash we need to use real account to earn real money, you need step by step, newbie must use demo account first and learn about on demo account.
  17. At the core we must have a good ability to be able to make forex is beneficial to us and also to make forex as a full-time job because we know to profit in forex is not easy if we only rely on capital that we have even though we have the capital great even without a skill will make us run the risk of losing.
  18. I like your tips about being organized and am too hasty in doing things in forex. One can learn through experience by losing their own money or through the experience of others too. Taking note of those do's and don'ts from the more experienced people may save you from losing some money first before gaining money.
  19. One of those tips, keep a awesome head, get motivated about currency dealing trading, keep on learning, keep the learning process at your own speed and master this disciple of foreign exchange market dealing in few years to call yourself an experienced investor.
  20. It's very helpful at all if we get a deposit to play forex trading, because if we use their own capital to play forex that which we can not and do not understand very well how to play the correct forex trading will certainly be a loss. But if we use the deposit by the forex broker we can sharpen our foresight and ingenuity we read the statistics.
  21. Actually to invest in forex trading you need to know first trading mastery, because if we are directly invested in the trade without first learning can be ensured only be a waste of money and may even make us fall into poverty in a heartbeat, to learn forex trading required time is not fast even road to becoming a professional trader is very difficult.
  22. It is right that forex traders have no other way but to take risk, even if we apply risk management it brings down the potential profitability, so bigger profit we go for bigger risk we are to face. Some use positive interest rates to gain risk free, others stay long term but then the profit is loss.
  23. About me, i think they won't be a day when forex robot technology will be one hundred percent effective. when it is produced by man, it must fail in one point or the other. It's better for only experienced traders and experts. Because you can't depend only on robots.
  24. Something that we can keep in mind, putting in too much cash and not having any dealing experience-many investors will put a lot of cash into the industry with no actual dealing encounter. Studying to business is designed expertise and if you leap into it with little encounter.
  25. Well, actually I think that that's a matter of convenience really. I guess my final take on the issue will be if the trader can afford a mentor-fine and good. Otherwise, there are still a lot of online resources to lean back on.
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