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StillAlive

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Everything posted by StillAlive

  1. Newbie can trade in more than one currency pairs. When they are doing demo practice they should try for all major currency pairs to get experience of trading in these pairs. In one pair some time market is not favorable so they can trade on other. How ever they should avoid doing trading multiple trading at one time.
  2. With big investment I'm sure no needs to do compound because you have already earn a big profit. So I think it's depending with how big our investment to make a compound decision. It's very beneficial if we are able to use it properly. But it would be very detrimental if we do not know how to earn income.
  3. If we're satisfied with the capabilities that we have will make us lazy to learn and ability we will not be able to evolve as well as the benefits that we will get will not be able to be increased, we should be consistent in order to learn and practice more accelerate our time to get success.
  4. That's most crucial of all currency dealing guidelines for the newbie. Get good at assessing and real dealing before you begin plunking down your own resources. More of the same is up forward. Maintaining with a pattern will help you keep revenue. Usually, when the pattern is up, don’t sell; when the pattern is down, don’t buy.
  5. The more we do, we will know more about forex and its risks. The Luck is based on the situation when we have no choice to decide. I note that there is also an element of Luck in forex trading. No matter how hard we worked to analyze the market, it is still unpredictable.
  6. The best place for every forex trader to take forex practice is with the demo account, I can tell if one is successful with the demo account as a trader, I can tell the trader will have confident to trade the real account, the emotional feeling attach to the real account might make the trader lose at first but as time goes on, the trader will learn and understand how to handle it.
  7. I may spend 2-3 hours and sometimes I could spend more than 4 hours daily. That's all depending on my activities that day. I spend on this is not more than two hours a day on average. The time I spend in forex trading will depend on my time and my interest to trade.
  8. God give us the consciousness and its up to use to develop that consciousness to something useful. I have hard time earning in forex right now but I don't blame God for this. I blame myself because I know God give me the power to learn and yet I don't use that power to learn in good use as I don't do my best at all.
  9. If we found online mentor, that is good too but as I experienced, online mentor is not as effective as offline mentor. I will have to choose the live mentor. I want a mentor whom I can ask question freely and with which I can learn through experience and not just some theory.
  10. We just need to choose the best resources or one that we can understand better be it online or offline and then use it effectively to arm ourselves. Having knowledge about forex is a good investment for me.
  11. You need to take into consideration whether you can be able to withdraw the profits from your trading if you manage to make profits from this bonus but it can with getting the experience, especially if you are switching from a demo account. Sometimes that is helpful for traders who want to trade in forex, especially for newbie who want to earn from the fist time.
  12. 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. About robots disadvantages, robot is very expensive and also it also has expire date to use. Maybe in 3 months we can get profits, but after that when market goes in other way.
  13. There is always going to be a loss in trading is one thing that means eliminating the risk is not possible. We should be controlling our emotions when doing forex. Though it is extremely difficult but yet we should try to control it especially when we get to lose funds. Forex is good and that would be for those that would always be ready to solve the puzzle.
  14. If we can not make a profit consistently, it would be too risky if we make forex as a full-time job. Because as we know, this is high risk business, and we don't know what will happen next because forex market is dynamic. And for me, forex is my part time job, because I'm still beginner who must learn more.
  15. They are different but there is people that still think like that, they have some part like predicting the price based on our analyze which quite similar with gambling, but again i still say that they are different each other and have different way to earn even they have the same purpose, that is to get bucks
  16. I see that there is no need to trade every day and its all depend on your time availability and the capital you are investing. And as we all know forex do not have restrictions of earning money and any one can trade any time and from any where so it is welcome for every one. If you want money every day you are welcome to earn money every day.
  17. There isn't any difference in trading tool when it comes to real account trading and demo account trading. The difference is only in our mentality. We become over cautious when it comes to real money trading which we are very less cautious when it comes to demo account trading and that is were we miss out on the profits and also suffer huge losses which are almost unrecoverable.
  18. What matters here is the experience that you get from your losses and what you end up doing about it. If you learn from your losses you have a better chance of being successful that someone who ignores the losses and goes back to trading without evaluating what if they could have done things better to influence a positive outcome.
  19. We can start with that bonus we get from discussing forex on forum sites and the welcome bonus from those brokers. It is better this way because, if we eventually lose, we won't be affected.If we make profit, and then we can put in more money from our pocket.
  20. Some hyips really good which are paying from years but forex is best for me because here has freedom and always know about our money. I expect that almost everyone would choose forex, except for those who already rely on hyip.
  21. If you never have a strategy, you are preparing to fall short. Also do not have establishing goals, in each strategy you should have dealing objectives, maybe to begin the objective will be to following your strategy. I was not able to understand cash management; money control means using a lot of risk for your investments and is very important in long lasting success.
  22. With big amount it may be risky because there will not be any control in hand and others way we have to buy this kind of robots with high price and we will not be learn anything if we trade with robots. If the beginner already knows the features on his terminal and knows what they are used for, may be he can try a robot since he will be better able to control it.
  23. We all learn from trial and error. Trying new strategies in demo accounts can avoid losing money. Personally I am enjoying trying out new stuff with the demo account. If we blow up our account in demo then it's no problem but we learn from it.
  24. The only true and effective way out is to trade on a real account with small deposit. I believe demo and real in forex is almost exactly like fun money and real money in casinos. The fun money is their way of saying try out your strategies here and sees that it wins so you will try it for real and lose.
  25. In the beginning most just read and try to respond appropriately with little information that they have. Eventually you start to be well conversant and can raise your own opinion. The best way would be to also do your research. With this forex forums we tend to meet other forex traders that post the strategy that the use to gain more profit, we tend to gain advice on when to trade, how to trade.
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