StillAlive

Displayed Username : StillAlive
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PERFECT MONEY ID : U1979613

Thank You Admin and Mods.

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.

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.

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.

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.

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.

Actually 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. As a result, one can not say that forex trading is a talent from birth.

I think if you don't have much spare time to trade, it good to trade with long term, even though mostly used by expert trader, but often the profit is good too. If we only have special time to trade yea scalping is the best choose.

I see that Luck only plays small role in trading actually. Luck should not be at the topmost in these three matters being talked about in this thread. A trader should place education and experience first and luck will come naturally. A real trader doesn't depend in "Luck" but in skill and experience in forex. If trader depend in "Luck" then probably that may be called as gambling.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

I would just to say that, to make profits in forex you don't need a big investment. You can open micro account/ cents account in which you can trade for cents. So that way you can start with a small investment. But your profits and depends on pip and the lot size you will earn less than a big investment.

Well, I do think trading one or two would be more than enough. I don't see the point in trading with so many pairs even if you are a good trader already. And much so if you are a beginner only, better choose one currency till you are good enough to add more currency or to change currency.

Actually in forex we learn strategies which we don't learn in gambling. But forex is more like a business than a gambling. And so Forex is recognized as legal which gambling may not be depending in your place you are at.

I think that it is a personal choice and also depends on what time you have at your disposal to do forex trading. Of course when you do it everyday you are better positioned to gain more since you spend more time trading and with that come experience.

I think that the simplest way to earn in forex is put your money in some fund and let a money manager who is expert in Forex, manage it. Let him/her get some percentage of the profit, I guess he/she will not refuse an offer like that.