StevenBendre

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I think that if I really want to make good income in forex I need to make sure that I only trade one pair at a time and not trade multiple pair in one account. This is the mistake that I make right now and I'm trying to solve this problem. I do hope that in matter of few days I can find ways to make good income in forex trading.

It will be like gambling if you don't have a trading plan in place because you will not be in a position to plan your moves while in the process of trading. The plan gives a trader direction on how to approach trading and the best possible way to do so since it will make forex trading much easier.

Well, you can even trade as pro and also make forex as your main job, but if you are student then the only option to made forex as your side job, if you made forex as your main job while you are a student then forex will ruin your life, since you must abandoned your own education for this one.

I think that we need to understand some forex psychological, with understand that thing too we will know about how to manage the risk well and also it will bring us closer to profit that we really need to achieve in every trading, the simplest way is training.

Actually greediness means wanting to have more even that they have is already enough, so you should be feel satisfaction when what you have is enough. The word doesn't really sound good that's why it would be just better to target with the amount that you need, and if you get more than what you expected then you should be happier.

The fact that the less or no use for most of the traders is the luck but the luck boosts their experience and knowledge. It's sort of our energizer or enthusiasm that makes our trading makes hopeful but too much hope is failure. We should understand how these three relates to one another and not to choose them but to learn them.

It's taking some time for me when I start trading as I usually online most of the time. So usually I just stand by MT4 and just monitor any progress or movement of different pairs. And when I have open trades then I will going to monitor it as long as I have find it already good to close the position. But for sure time is really important as you will able to analyze more.

I do not recommend beginners to trade with currency pairs using a lot because it will only lead to huge losses for them better trade using only one currency pair only because it would have produced a better result analysis and can also be getting a good profit. Trading with different pairs would only be making them kind of get distracted and when they are their chances of losing would be high due to their negligence. Sincerely newbie got to wise when they starting forex trading.

No doubt demo trading is the best way to practice trading and that can give a complete way to a good trading experience and as well as learning experience. Every trade will start his forex carrier with demo trading and nothing else. But be sure that take your demo trading seriously so that you can perform better in real trading account.

I prefer forex. Because you can some handsome money, and you your self can work and earn profit. But on the other hand Hyip is more risky because you are depending on another person and most probably they can turn scam. So you simply loose your investment.

I think that if we can see the opportunities that exist in trade every day of course it will be profitable for us and did a lot of traders to trade every day so looking forward to a great benefit because although opportunities exist in the trade are not too big but we can take advantage of these opportunities to make a pretty good profit.

There are some newbie jump into the real forex trading that may be said is a gamble because they only see the benefits that can be taken without knowing dariperdagangan forex trading the right way but if it's newbie terlkebih first practice using the demo account and are looking for a good trading system so they know how to do a good trade and it's certainly not true for their gambling.

If you want to just practice or you are not yet professional in forex it is better to invest small amounts or just use demo or some bonus accounts. Do not invest big amounts if you are not sure of managing it. The first goal is always not to loose the capital and stay in game then the rest will just follow it.

Even though we have the talent and knowledge if we do not hone our talents and knowledge that it will gradually disappear, and of course it's very detrimental to ourselves especially if the talent and the knowledge we have in the trade had disappeared all and of course, we will start over again to regain the talent and knowledge that has been lost

Once we know and realize this factor we will go to form our strategy and risk management in order to cope with the risks or losses in trading. I know that it will be going to difficult for the early trading. So, newbie don't easily accept the risks in trading. Though, we can't have eliminated it fully.

About me I see that if you want to be good in trading better not to use robot that often or at all, as you can get too dependent on the robot. And it is not cheap to pay or buy the robots actually. That software is quite expensive and most of traders won't afford it by the result.

It is because of out change in emotions. With our Demo trading, we are free enough to risk our virtual money without any risk and at the same time, we also can patiently wait for out TP to get hit. But, this isn't the case with real accounts. Our emotions are quite high in trading for real money as we look to take even the smallest of profits home and miss the opportunity to earn a better profit.

If we spend more time in forex then we will have higher chance to earn as fulltime traders, mostly from what I find in my country that fulltime trader usually spend time for many hours, and they already earn from it and use it for their living, and I see they don't have much complain.

Compounding is good option especially if you have such a good profitable strategy. But it also has some risk especially to those who go with 100% compounding though a little of your profit is ok to add to your capital to increase your capital. As if you compound your all profit then on a loss day your entire capital that include profit also will be at risk.

It's said that a rich man would never say he has enough he would always say he wants more. An individual making profit in forex wouldn't just want to be at a spot he would want to earn much more everyday. Sincerely a formulary for that is learning more.

I prefer to choose Forex because I don't need to depend on another else and also I didn't risk my funds to another people. Forex is more save and have low risk and if you success you will make big amount of money. I like to learn forex and stick on it but for now I have no knowledge so still suffering with hype hope some day I will keep my investment only in forex.

If we are going to rely or depend on luck then it would be really bad for the trader because we cannot really have anything to base our trading decisions on. That in it will decrease our chances of being profitable when it comes to forex trading because we don't have the education or experience to know the best way to trade.

I mostly spend my time at night because I have already done my usual job and relaxing to watch the chart. I mostly play in daily time frame, it make me not need to watch the chart continuously. I watch a chart in the morning and see if there is an opportunity to place a position. If yes then and night after my job I will check if my position. I spent 4- 6 hours a day in front of computer to check the chart.

I think that it will depend on you whether you are to succeed in forex or not. It might take others time to understand the basics and to put into practice what they have learned because if you can do so then you have a great chance of meeting success when trading. At the end of the day we all have equal opportunities to make it a success.