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StevenBendre

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  1. StevenBendre
    For experienced trader, no deposit money bonus is opportunity to get income without necessary to spend their own money. I think it would be very helpful for a beginner. As he can learn what it is like to really trade with reduced risk. The no deposit bonus would be such a good feature for an account.
  2. StevenBendre
    It is depend on the how good that person in trading, if newbie i think invest at minimum deposit would be a good idea. Most of the professional invest about one hundred dollars, and there are some of them who already opened the PAMM account must be spend more than that from the money they get from investors.
  3. StevenBendre
    Almost you are going to lose. They always say, failure is a stepping stone to success. A lot of times you may have to actually learn the hard way. One good way you can minimize your failures is by studying and learning about the market. When you learn about what influences the prices, you will have a better idea about when to trade.
  4. StevenBendre
    I was surprised by the number of beginners who have large capital until he bought a robot, and depend to it. I would personally recommend trading manually for newbie. That will help them to understand the basic and logic of forex trading.
  5. StevenBendre
    Trading is an expertise that must be discovered. You need to study and research to get it. It is best to understand in individual while you are seated with a professional investor. We can note a lot of mistakes which belong to newbie, stop-loss very high and Cost activity in dealing are whippy, significance the cost goes up and down very quick.
  6. StevenBendre
    Forex is quite risky but we can minimize our risk significantly and can earn well. But there are some scam brokers also. So you have to choose brokers carefully. My choice is forex since the future of my money depends on my skills and strategies to hold on to it and profit.
  7. StevenBendre
    It will be useless to use strategy which is not working when we used it directly in real account. We will suffer some bucks for nothing. I think that demo account useful to test new indicator or trading system because trader can't use it directly in live account without know these indicator or trading system useful or not to help us in trading.
  8. StevenBendre
    Trading with demo account, it will help you familiarize forex trading circumstance. It will do great help in your following real trading. But I don't suggest that we spend a long time to trade in demo account. I learn Forex and test trade from Demo cash. But now I trade in Real cash only.
  9. StevenBendre
    Working on forex forums will enable you to gain more knowledge, meet different people and gain one or more things. You can find here many discussions with good forex tip. So that what makes a forum a good place to learn some tips about forex, Although we can't learn every thing or expect to master by reading.
  10. StevenBendre
    It's good to start with that amount - $100 and maybe earn a modest 20% every month. Maybe, I will invest 50% of the earnings and out it back to my account. I think, in a year, the money in my account, if ever, will become $300. Still not a high amount, but what I will earn aside from the profit is the experience.
  11. StevenBendre
    Concentrating on a few currency pairs is better than concentrating on all the pairs. I prefer currency pairs with lower spreads like eur/usd, gbp/usd and eur/jpy. Concentrating on a few currency pairs makes us more expert in these pairs and helps us to know their behavior and style better.
  12. StevenBendre
    Well, forex beginner should learn about it properly first and do not judge the forex from the outside because if we already know what exactly is forex then we will start our trade with gambling and luck, we'll start with forex knowledge base we will learn first until we really know how to trade forex properly.
  13. StevenBendre
    We do not need to open the trade position every single day, because if the market is not good, we do not need to open the position here. But, what we can see here, we have to see and watch the market almost every day. So, in this way, we can understand how the market moves.
  14. StevenBendre
    The simplest way to earn money with forex is just from the strategies. This strategy will really help us to make good profits in a very short period of time. The strongest working strategy will give the huge profits. Earning with forex is not easy because even for implementing strategies you need to have excellent skills in forex.
  15. StevenBendre
    I'm really happy with the way things are in forex. I'm sure we can be earning good amount of money in here. I'm really excited that I do really make something good with my life in here. So far so good that I'm earning and I do hope that in the long run we can see ourselves as a successful trader.
  16. StevenBendre
    If we are in Forex, we will need of a trading plan. We don't have same trading plans and we should not copy other traders trading plan because, a trading plan is our own way for achieving our goal. It's like we choose the short term trading and gain few profits while others planned to have huge profits but in a long term trading. There's always have this plans because we want to have success
  17. StevenBendre
    Actually forex trading is a business that is not instant, takes time and effort so that we can succeed in this business. So be lying if someone said that this business is the fastest and easiest way to make a lot of money. For who is an expert might be able to like it, but for a start from scratch does take time and effort to be like that.
  18. StevenBendre
    If we have lots of experience that we would be able to apply our knowledge. We would have better understanding of what we have learned when we were able to get lots of experience which we can have when we always trying to trade as often. We might have enough time to trade and practice also.
  19. StevenBendre
    We can use the stop loss to eliminate the risk to some extent and that is the only way we can use. And most of the traders will be suing this to minimize the risk factor in trading and I am sure that it will really work to an extent. Any way there is no other way to eliminate the risk completely in forex.
  20. StevenBendre
    Well, there are several disadvantages as well as benefits of a forex robot. The one which avoids me to use forex brokers is the fact that our account is automatically handled by a robot and forex is an unpredictable market. Therefore, robots can not be always correct and if this is the case, we have a high probability of loosing all of out deposited.
  21. StevenBendre
    I don't think forex can be used as a full time business because we can see that almost all of the traders is the business just because it is a part time business and they will be managing there official work and as well trading with part time . I think if a trader having an excellent knowledge and am earning a huge amount then his regular work then he may think of coming into forex business.
  22. StevenBendre
    It is not at all possible to be satisfied with what we get because we can see that human nature is like that he never be get satisfied . If he is satisfied then that is for that time and as the days passed more good wishes will be getting and he will be going on working to make his wish fulfill. In simple we can say that human a greedy person.
  23. StevenBendre
    Practice is the only secret to earn huge funds in forex and that is really a great move for a trader to have good skills and that will be giving him very good profits. I have seen very rare situations where people have earned in forex because of luck but it will not be forever this time a trader will be winning with luck but luck will not be helping you all the time.
  24. StevenBendre
    You can be online 24 hours if theirs no right movement. You don't open a position. You wait for your indicators to go green before you open a position. In forex trading its no like posting in ptp that you open a site you post for two hours and that's it. Patience as well as we can determine when it will have good spot to trade and monitor well. As far as I experience there is no specific time we can trade or open position.
  25. StevenBendre
    Well, There is a difficulty in forex trading we have often hone the skills we already have because with it we can make our trade is becoming increasingly better at getting a good profit but if we do not hone the skills that we have then we will only get advantages that moment because we know each day forex trading is always changing.
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