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sakai

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Everything posted by sakai

  1. Watch a pair for resistance and support and play between these two points. There may be a lot of strategies that you can implement to use in trading. The best feature you can depend on is charts and its indicators. But still Forex market is an unpredictable market. So, there are no shortcuts to success in forex.
  2. When you do it everyday you are better positioned to gain more since you spend more time trading and with that come experience. Its depends on the traders because they are not usually active in Forex trading or not full timer and not all the time the Forex market will be good to open position and also not good if we have monitor the market for the whole day.
  3. As long you are taking risk in forex trading you are gambling. You are gambling your capital in here as you can end up losing that money. But the only difference why we don't call forex gambling is that we call it trading. In short if you are in casino we call it gambling but if we are in forex we call it trading. But the traits are all the same. We are risking our money to earn. So its either we earn or loss just like gambling.
  4. With focused in one pair I am sure we will be familiar and if we become more familiar with currency pair then i am sure later we know how to get profit there, moving to the other currency before we can gain some profits from one currency pair could be included as not wise decision.
  5. You must have invested a good capital to can make good profit. It’s obvious that newbies invest little to try the system but the risk of investing little means if you are loosing, it’s hard to cover up your losses. A big amount will be betteroff we want to be in profit.
  6. The quality of thinking and analyzing of the trader decreases with time, also if he faced loss in the former trades this will lead him to the need of recovery which means introduction of emotions with their disadvantages, which will affect the quality of trading.
  7. We have to know that the risk part is what makes forex trading interesting and therefore lucrative because with the high risk that exists in trading also comes the possibility of high profit returns in the process. Just like in any business that one undertakes, the more risk that exists means the more returns that one can expect.
  8. Forex forums are just a background for me and anybody who wishes to be a good trader must venture into the forex world by trading pairs. 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.
  9. No doubt demo account will be the best place to have a good practice of forex and there are many traders who start there carrier with demo trading and that will be a very strong foundations for the traders. The more you practice the more you will get into forex. But nowadays I see that many of the newbie traders are not at all making use of the demo account and they are just directly trading with real account.
  10. Forex trading can be one of my main earnings right now. I do hope to make good income in forex for many months to come and that's why I keep on focusing on learning how to trade in forex. I really do like to see myself earning about one thousand dollars a month in forex trading.
  11. Well, about me, it’s clear that any trader should have a trading plan because whatever we do will not run without a plan directed. And a trading plan will be produce maximum results if we are disciplined in implementing them.
  12. I see that it will be difficult for newbie that still have less knowledge and experience. So, before traders think about easy money gain, better learning and practice first in order to preparing their self. Forex requires much learning and experience to get succeed.
  13. Strategies really play a very prominent role in earning huge profits with forex and to earn with forex we need to have some good and powerful strategies. Most of the times we can see a trader will be earning only if he have a good trading plane and money management really matters in this time.
  14. It's up to the trader who want to trade, but if it is me, then i think that is not necessary to trade everyday, since i think not all trader can get bucks from their trading everyday, but if you think that trading is your life or your job, then do trade everyday (in this case Monday to Friday) is a thing that necessary.
  15. Forex trading is serious business that can earn you good income online if you do take it serious and plan appropriate for your trades. The more prepared you are and have a tested trading plan the better chances of you being successful and being profitable that you would be if you were gambling.
  16. For newbie i think it is better to start with one pair currency, when you gain more confidence i think it is good to take other currency pairs which profitable, I have plan to switch from EUR/USD, and i think we can see that USD traded in many currency pairs.
  17. Eliminating risk in forex is just being gain more and more knowledge and that can help you not to loss much amount with forex. as we all know forex is a business where there is lot of risk and we know that eliminating risk in forex is not at all easy so every trader should try to improve there forex skills and that can help you to some extent to minimize your loss .
  18. Actually there are some traders who don't even start trading start talking like this but later they use robot to trading. if you know how to setup your forex robot properly you can earn well from that thing, some trader could shared some of their setup when you use robot .
  19. We can use demo accounts to have good application of different strategies. However, not all will work when we do it in real trading already. We need to find which of those will be either suitable or working in demo and real trading. Still emotions have a big impact of differences in trading.
  20. Well, forex is a risky venture and no matter how good we become we cannot remove risk from forex trading. For this reason though we can use Forex trading as an additional source of income we should not use it as a job to sustain ourselves. Along with our regular job forex trading can do wonders and help us to achieve financial freedom.
  21. If we made mistake, we could lose higher amount of bucks. But if we could make good analysis, our profit will be higher too. So it's depending on us when we must use this compounding strategy. Most traders like me are trying to find this type better earning strategy
  22. We can't set yet to have big profits in early phase in Forex trading. What we are doing is to make slowly our target profits to be possible and not to do rushing in making profits but the risks is high and just small chance to become successful. Everyone for sure will not be satisfied in their profits but they should know how to handle to increase their profits.
  23. Nowadays many hyips scam before you can get bep and also you need lots of money to invest on hyip. If you can discipline on trade I'm sure your can make good profits. So, for me own view I am prefer forex than hyips
  24. If you really want to earn constant profit you need to trade properly and you can only trade properly if you have trading skills. But if you don't have trading skills chance are you just going to end up losing one time after another. That's why it’s always best to invest in forex if you already have good practice in demo account because without practice we can end up getting MC.
  25. For me it is not certain how long I spend time for trading, as long as I'm still there with my laptop, and then trading will continue. Actually i am not able to give a lot of time in learning practicing demo trading yet. Since I am still trying to learn the basics and doing some reading.
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