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HarryPotter

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Everything posted by HarryPotter

  1. Surly there is no way here we can erase or eliminate the risk on forex trading completely here. No and never here. Because it is the trading, in every trading, there is a chance to make profit and to lose the money here. Then we can see, it is not a magic thing or the miracle from God here that has no risk.
  2. Forex is an unpredictable market and even the forex robots can wipe out your account in case of unexpected forex movement. there is nothing that a robot can do other than what a human is capable of, it is just a program where certain conditions are pre-feeded when to enter in a trade and when to close it, as per market conditions these need to be changed.
  3. In real account i am overcome by greed that i want to increase my lot immediately i will have some success in my lower lot. So that is why I have loss a lot in forex. While in demo trading, I just stick on the same small lot. Demo Account Performance is go better than real to me and i think that because here in demo i trade without fear and in real there is lots of exercise and sometime wrong decision.
  4. Compounding our money is a one way to build our account bigger and bigger, but in compounding our money the risk that we can accept must be considered. We have only compound a little of your profits if you really sure about position you want to open.
  5. If we get some thing we will always try for more or better one and until we get the better we will be trying and after getting the better one we will be going for even better like wise it is very simple that none of the trader will be satisfied. We should try and satisfy with the little one we have here this can be a very good way to ensure that the trader trade with calm mined for sure this is a very good step.
  6. About hyip it isn't need so much time and if we diversify our amount than it's possible to earn from hyip also when not all hyip are scam. Most of the hyip sites are illegal ponzi schemes when some really doing very well from many days and giving interest to investor.
  7. Experience is something we get with the pass of time in this market whereas, trading on the basis of luck can be risky as trading is considered as a skill-based market. Luck is existed for sure, but if we only rely on luck in trading then it will not be able to survive a long time in making profits by luck it will only be temporary.
  8. I see that to spend 4- 6 hours a day in front of computer to check the chart is good. Number of trades does not necessarily means more profiting, while it may lead to the contrary. I mostly spend my time at night because I have already done my usual job and relaxing to watch the chart.
  9. Accounts are best way to make practice until you get confidence enough to trade on real account. We can actually learn how to get the most profit using the strategy that we have and how we can prevent losses so that in the end when we had to start trading using a real account can be properly read price movement.
  10. It’s safe to say that it's my main job right now. I do hope that I can sustain and maintain my monthly income still. This is the hope that I want to grow myself with. I'm sure with proper timing and investments I can earn such a good amount of money every month.
  11. With out a concrete plans that it would be hard for you to learn forex trading well. It's known that trading in the forex, market without a trading plan is just a prerequisite for failure and losses. Getting such a good strategy need to be well-trained in that business.
  12. There are many traders who are loosing with forex rather than earning with it. We all know it is one of the very high risk businesses. Must be committed to learning for a good first .move away from all the pressures causing such like greed and frequency.
  13. The simplest way is to learn and understand forex as much in-depth as possible. This is the most important and profitable way. There is no easiest way that one will tend to agree is very easy. Forex need a lot of trading skills and strategy to lie upon while trading and to me I think the easiest way is to learn what usually work for you.
  14. The trader does not need to trade regularly in order to secure profits. You always trade depending on whether there are good trades. if a trader trade all day long that the possibility for him to loss is greater than that of gain or profit because staying too much on a trade do result in loss.
  15. I think that gambling in entirely different from forex and they both are not at all comparable to each other they both they there own ways forex is a great business where irrespective of your investment there are many chances that you will be earning a very good amount of profit from trading.
  16. For a newbie there is still so much to learn and I guess them still not really consistent in the pair that they are trading. So, the first thing that they have to do is to focus with only one currency pair. But when you think that you can do more currency pair then, it's okay, as it will maximize your profits trading with more than one currency pair.
  17. The choice is really up to the individual be it that they want to start with a small investment or a higher amount of capital if they wish to. There is a variety of brokers that are available out there with many options on the minimum amount that one can use to start their trading.
  18. You can have the talent but not be able to use it productively in your work. I believe that trading forex is more of a science than an art. it is in the arts that talents are abundantly relevant. But in science, you must gradually learn your way up till you master all that you need to master.
  19. 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. We must have the right skills and experience to back us up besides substantial amount of capital if you want to go into forex on a full-time basis. For me I would also prefer that I show some consistent profits from trader over a long period of time.
  20. If you trade don't think just do what your strategy is no matter what your guts feel say or what you think is right. For sure being an emotional trader can be very costly. Even it seems that your strategy is not working. But i f you know you have learned your strategy well don't follow your emotions.
  21. 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.
  22. 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.
  23. I think that we trade in demo account that has contest features. In this way we can also give ourselves a chance to win something. Although I really doubt it or the chance are very slim. At least if we going to use a contest demo account some how we can feel the competition. If you know that a member has double his virtual money in a week you are hoping to triple it
  24. In my country there are a lot of professional traders. I believe that forex becoming one's main job or not is rather a case of choice than the prospects. Many, there are who have made forex trading their main stay job.
  25. Most of Forex new traders are just quit forex just because of this reason. At first it looks easy. But after entering into forex I was just wondering to see the risk in forex. It is not easy as we think and do we need a very good decision taking power to get success in that field.
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