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StillAlive

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Everything posted by StillAlive

  1. If a trader rely most of their trading expecting good luck, they will got margin call sooner or later. The best thing to traders especially beginner is prepare their self with proper knowledge and experience. What I normally do is to try my possible best and trade with experience through this means I will always be able to trade profitably.
  2. Most of the traders will be making use of this demo account as much as possible to learn forex. Now each and every trader have started there carrier with demo trading. Demo account is quite good to practice forex trading and know the mt4 terminal well and also get acquainted with the behavior of various currency pairs.
  3. Robots need to have a constant upgrade and update and that also cost a lot. And the last one is that even forex robot does not guarantee profit. One of the most common disadvantage which forex robots have is that, they are used automatic trading and we are not always sure that the robot with allows make our positions end in profit.
  4. I can ask my question more specific and show where I did not understand. Of course I will get better answers than with an online mentor because an online mentor is separate by a far place where we can only communicate. I would rather get the live tutor. The interaction will be better because the tutor is right there ready to answer your questions immediately.
  5. It’s important that one is quite prepared for trading because to be successful you will have to be determined. Forex can be best for the long term investment and just we can try opening the long term trades and that will really help the traders to earn a long term profits.
  6. Focusing on Forex too much everyday can actually affect the final result. One person was so focused that he was thinking too much about it and so got confused. It does not matter if you are going to trade daily as it will not going to give you losses because you just trade daily.
  7. 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. I don't think there is any way to eliminate risk fully. If thee would be any way then all of the people will be leaving there regular works and start earning with forex itself.
  8. Well, for me I don't have to keep monitoring the markets. I do check the market from time to time to check if either my TP or SL has been hit. Once it has hit, I look forward to take another position and do the same. It's taking some time for me when I start trading as I usually online most of the time.
  9. Your skill and experience will determine if you are a good forex trader. Determination and motivation to trade in forex will be really important. Although, we can't expect that even we have spent few or several hours for learning forex is that we can have good trades easily it will take time.
  10. Forex is risky also not to ignore the big profit potential it has and so having a regular job and trading part time may be best option. It's clearly that there are many people, not too many, but quite good, and they are doing forex trading as the main job, main business. Forex for living is for them. Few of them is my friend here.
  11. Well, with every experience that you gain from trading in forex whether it is through losses and profits you should be able to learn from it. In gambling there is a little learning, because there is not much of a strategy? So it would be better not to treat it as gambling so you can increase your chances of earning through learning.
  12. If you made mistakes in analysis when you use real account or you couldn't control your emotion. So it is not big deal because you have prepared risk management. Most people can trade better in demo account than in real market. It is emotion that plays here. When using demo account you don't need to worry to loss money but with real account you can't make mistake because it can make you lose money.
  13. The good thing for us, at least here, we do not need to spend too much of our own money, then put it on the risk of Forex trading here because forex trading is risky. At least for beginners in this field such free deposits are great motivation and help us learn and earn for free.
  14. There's no need to make large investments at this stage as would be quite risky but rather trading in those smaller amounts will be better. I do think though that small invement amounts like this can be sufficient for a newbie who has just come out of demo and is still getting introduced to live trading.
  15. Hyip is more risky because you are depending on another person and most probably they can turn scam. I see that investing in hyip is not good choice I think. In HYIP, if we calculated the amount of profit is only 1-5% daily but you can lose all of your money if that HYIP turned into scam.
  16. 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. It is not a rule. But in start there were always a chance that you will lose, because of your nervousness of entering first time.
  17. Newbie can use robots to trade by both their hands & robots then the prediction will be right as well with higher leverage can help us to earn more. But I would simple choose manual trading because even if we make mistakes in manual trading, that will be our experience and which will benefit us in future trading but with robot you are getting zero experience.
  18. Dealing with cash you need to pay expenses or stay off of is problems especially if you do not have a lengthy confirmed history of effective trading. Trading is a questionable process by itself, when you have to make the business for the cash then the stress gets much higher.
  19. Demo account is very important and must be assume as a live account, If we can than we can train our mentally to be discipline and patience. Also in demo account we can forward test our own trading system, so we can develop it into a profitable system. It is first starting point before you entered to real account and there are a lot of things that you can learn in demo account.
  20. Most of the demo only used for an experiment in whether whatever it is. Not all organs are involved while practicing demo. I see that as a beginner in forex, it is necessary for them to realize the difference between demo account and real account.
  21. There is a mixture of people from the forex trading world with vast trading experiences in between them. There's no limit on what we are going to learn in forex forums. and forex brokers do help these forex forums to be lively as well as to give opportunities for traders to have the real thing that can be a good start for most of the traders.
  22. It’s better to have good trading skills and as well you need to be very careful while trading with forex business. Earning profits depend on your skills. It's difficult if we don't have good trading strategy and that we don't have here any means to have good analysis and decision.
  23. To be profitable trader, we will always need to improve our skill and experience to trade. I don't think we can do consistent profits even we do it as a main job. Yet, I would say only take it as our job if we know that we can make profits and also have other source of income.
  24. For sure if we are not disciplined then everything will be useless. Plans that we have made should we run a disciplined manner, if we can discipline execute our plan, we will make trading more advanced. That way we will avoid the risk.
  25. Just keep practicing, and then make sure we have some simple strategy when trade, it will make us easier to reach our target in forex. In fact if we put a lot of dedication in forex, it will become simple for us to earn money in forex. It only needs some effort from us. So that is why I said practice is the simplest way so far.
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