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HarryPotter

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  1. HarryPotter
    Well, If one has knowledge and good experience he should never invest in hyips as in forex he himself is going to manage his trades and if one gets good profit that is sure, unlike hyips which may get scam even if a Hyip makes good profit in trading but admin runs with funds.
  2. HarryPotter
    We should be able to face the situation of trading with a cool mind. if we just satisfied with the results we get then we will cease to keep learning and will not be able to generate better profits because we know with the increasing knowledge we have and it will make a profit on the trade we can also be better.
  3. HarryPotter
    Yea, actually compounding system is good strategy but it's risky too because 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.
  4. HarryPotter
    I see that we should really have a good preparation in terms of trading strategy and in terms of financial management because it will allow us to get a profit consistently on a monthly basis in our trade with this we would not need concerned with all kinds of losses that exist in our trade.
  5. HarryPotter
    It is expected result. in demo account we have bit more freedom and that will cause us to make some very bold moves and use high leverage, but in real account normally we will not make such moves. That's one of the reasons for the earning difference between demo and real trading.
  6. HarryPotter
    Well, forex robot could be used well if the users are people who knew about trading well. Forex robot is not good for beginner traders because it will be too risky for beginner traders. For beginner traders usually didn't know the right time to use robot forex because you must know the right time to use it if you wanted to get profit.
  7. HarryPotter
    For me, there is almost no way to eliminate the risk on forex trading one hundred percent. We can only try to minimize the risk on forex trading. But, risk is always a package on forex trading, risk and profit. If we do not earn the profit, then we will get what the risk is.
  8. HarryPotter
    Yeah, forex can be good for long term investment. So i think that you should have acquired skills in forex trading already so that you can succeed in long term trading in forex. as it is very much dependable way to earn money if you have the right strategies.
  9. HarryPotter
    Well, at first I would prefer a live mentor only when I run into difficult trading concepts. But then, the advantage of figuring out these things by oneself is that they tend to stick better, and the trader understands the concepts better.
  10. HarryPotter
    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. It is also like you are doing with such a demo account.
  11. HarryPotter
    We have not to hurry in to business with actual cash, unless you can manage to get rid of them, because you will most certainly do, if your dealing encounter is less than 3 several weeks. There are controversies as to whether it is better to adhere to trial dealing or start a little stay consideration.
  12. HarryPotter
    Most of forex traders may lose even if they have enough experience. There is no Holy Grail or perfect trading in forex because profit and loss is part of trading. That we can do is cut loss early and not wait with hope the price movement will support us. Or not doing risky trading method such as hedging but cut loss early.
  13. HarryPotter
    Real trading account is mentally more difficult. But the thing is that I like to not know the basics. So just to learn the different functions in a trading account will make me nervous. So in this it's like learning flash. If you needed to publish what you did in flash directly it surely would be crap. You do not even know the basics.
  14. HarryPotter
    Demo account is a best way to learn and test your strategies. And it is our first trial before we used real account, it can be used for testing our new strategy too. Usually, demo account is used by newbie who tried trading platform in the first time, but forex expert used this too to test his new strategy.
  15. HarryPotter
    I see that that more and more traders are looking for robots to trade for them, in my opinion, robot is just a supplement to manual trading, it is impossible for robot to displace manual trading, we can rely on robots on some tasks but we can't rely on it to be such a successful forex trader.
  16. HarryPotter
    About my own view, the most mistakes that you can see with many newbie in forex trade, dealing couples that have a very high propagate. This is a dangerous error because it is almost difficult to revenue with foreign exchange that have a propagate above 15-20 pips. Always business only the most well-known foreign exchange which highest possible propagate is 5.
  17. HarryPotter
    For sure, you can find here many discussions with good forex tip, 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 or joining forum, But at least it will help us.
  18. HarryPotter
    Forex forum is meant to discuss about forex trading as well as many experts also comes there to share their's as well, so one can learn much in forex forum. But still you have also to practice more to be an expert. Some people have shared and even discussed their trading strategies on various forex forums that have been scrutinized by others.
  19. HarryPotter
    If trading use robot as far as we also try the effectiveness in demo account first. Robot can only trading with one method while, if we have a good trading skill, can trading use many various method. I think it's better to trade own if loss then there is consolation.
  20. HarryPotter
    Through demo account you can learn how to trade better when you entered to real account. It's right if people said that demo account is training account so in real account we will know what we must do. Demo account is place where people learn how to trade on forex market.
  21. HarryPotter
    You can familiarize the trading circumstance from demo account, and on the other hand, you can test some new strategies in demo account. You can start trading in real account when you know the basic of forex. You can open a real one and deposit with little money or maybe you can choose brokers that give bonus for open account with them.
  22. HarryPotter
    By learning from these mistakes you could better yourself as a trader and that is the most important part. We already expect them to come along at any time so this is no problem but how we react to the end do about the situation can be a determining factor between a good trader and the opposite.
  23. HarryPotter
    I even see some trader that give bonus if you do deposit for some certain amount of money, but that amount is bigger than newbie can afford. I see that the deposit bonus is actually very useful for newbie because the bonus is they can train their mental trade without having to incur capital.
  24. HarryPotter
    You probably learn with the online mentor through IM or something else, that cannot compare to someone who is just by your side or in front of you, telling what to do. It is good if you could find out mentor, no matter online or offline, but not all people could be so lucky to find out mentor.
  25. HarryPotter
    The preparation and knowledge takes a very long time, if we do not have the passion and determination in us will never be able to master the trade and it will be a wasted effort. If we want to do long-term investment, we must have the preparation and plan well in advance and all that takes time and a process to make forex as investment business.
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