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Stekin

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Everything posted by Stekin

  1. If you want to be a good introducing broker, you have to be able to tell the customers and guide them on how they can be trading and managing their account very well. Any body can be an ib if the person is ready to teach others. It is not that you will be teaching them how to trade but will be teaching them little basic.
  2. I am thinking it is the European countries. I think they will be the ones that will be occupying the top traders in the world. Forex trading is done by every country but the Europeans and the USA will be the people that are too much in trading.It is because they are the first class countries and they know things more than us.
  3. Do not ever take a big risk in forex is true. If you take a big risk in the forex trading, you will be able to make big money but it is very very risky. It is better if the traders in here will learn how to be able to take small risk. This thing will help them to handle their account and don't run into trouble.
  4. I spend my own profit by using it to meet my needs. When I make profit in here in forex, I do buy small things that the profit I made can buy. I like to see my money at hand when I make profit. So therefore, I am not very much interested in adding profit to capital.
  5. I don't advice to quit your trading when you lose. Trading will here, mean that the trader can lose and can win. When you lose too much, you should go back to the demo account and learn how to trade again. If you are losing too much, it means that you don't have the trading knowledge to trade. So therefore, it is better that you first of all, get the trading knowledge.
  6. I make very small money from scalping in here in the forex market and I am being very happy with it. I won't be expecting too much money when I'm trading because my capital is small. If a trader is not satisfied with what he or she is having, it will lead him or her to greediness and this thing will cause loss.
  7. I don't use ea when trading. Ea can be able to make the trader to lose. It is good that if a trader do not know how to use an ea, it is better that him or her will try and trade manually first. Manual trading is the best way by which a trader can earn money.
  8. The demo account is for learning how to trade whereas the live accident the main account by which the trader will be able to earn money. When I was still trading in the account, I don't use to take it very serious in the beginning till I started losing in the live account. I'm sure the demo account can make you to learn how to manage your account if you are taking it serious.
  9. Before you start to invest in here in the forex business, you have to be able to understand that knowledge is very very important. Without having the trading knowledge to trade, you will be wasting your whole money trying to make money in forex. Learn how to trade by starting with the demo account. That is the place that the traders who want to learn always start their trading career.
  10. Trading is what the traders will be learning how to trade. It is the traders that learned it and not the gift of God. Trading and learning how to trade in here in the forex business is like learning how to go to school. It is the trader that will be able to learn how to do it on their own. That is why it is better that the traders will learn very well before they start trading.
  11. There is no way to eliminate risks fully. If the trader wants to eliminate risks, he or she will be able to trade in here in the forex business with risk management. It is when the trader is trading with risk management that he or she will be able to minimize the risk of trading. Risk will not stop to be in forex but will be controlled.
  12. We have to trade everyday to increase the chances of we earning money everyday. This thing does not mean that it is a must that when we are trading everyday, that we will be earning money every day. But because there is a better chance for the trader who is trading daily to be making money from forex. Full time traders are the ones who do trade daily because that is their main job.
  13. Some brokers don't used to allow the scalping style of trading because it makes the traders who don't know how to scalp to lose big amount of money. This is my opinion but I think this is the reason why the brokers will not allow scalping. After all, they are the one that will be making more money but they choose not to allow it. So I'm sure it will be because traders lose.
  14. If a trader want to be trading in more than one broker, he or she is free to do that. Like me, I like to trade in different brokers. If one broker is doing a promotion, I will register with them and trade with them credit. If I am liking the way the broker is, I will start to trade with them. Trading with different brokers will give the trader different idea on how to trade on the service the brokers will be giving.
  15. Mentor is mentor. Any type of mentor is good. Whether it is the offline or online mentor. I did not learn with any type of mentor. If the trader is ready to learn how to be trading in forex, then he or she will learn from the internet and it will not matter to him or her whether there is a mentor or there is no mentor. Provided that he or she knows how to read and understand.
  16. The newbie traders should make sure that they are having the enough trading knowledge first of all before trading in the live account. It is better when the newbie trader trade very well in the demo account and get the trading skill that they will use to trade in the live account before investing in it.
  17. It is not a must that the trader will lose before he or she will be making money in here in the forex market. The traders who learned how to trade very well in the demo account and who knows how to manage his or her account will not have to lose before he or she can be making profit.
  18. The welcome bonus from The brokers are good. If the trader who wants to be trading in here in the forex market is having the enough trading skill by learning very well in the demo account, the welcome bonus will be very helpful for him or her to trade in it. He or she can start trading with this welcome bonus.
  19. The trader in here should be able to trade according to the time that he or she is having to trade. When the trader is having the enough trading time, he or she can trade for a long time and when he or she is not having the enough time, he or she can trade for short time.
  20. Forex is good for investment. Whoever that wants to be investing in here in the forex market will be able to understand that forex is a risky business. So therefore, in other to prevent him or her from that, he or she should not risk more than he or she can lose.
  21. Forex scalping is a short type of trading strategy that the trader who do it hope to make little little profit and close their trade in a very short time. This type of trading strategy needs that the trader is experience so that he or she will be able to understand and follow the market fast.
  22. The demo account is a place whereby the trader will be practicing on how to be trading in here in the forex market. The real account which is also called the live account is the place where the trader will earn money from his or her trading. A newbie trader will start from the demo account first.
  23. Leverage is the financial support that the brokers are giving the forex traders. That is to say that leverage will make a trader who his or her capital is not too much to have a higher capital. It multiplies your capital so that it will be bigger than it was.
  24. The best place for The trader to be practicing how to trade is in the demo account. When the trader is trading in the demo account, he or she will be learning to trade without any investment. This thing will make him or her to master trading before trading in the live account.
  25. The bonus from the brokers is good because it is this thing that will be helping some traders to start trading. The traders who are not having start up capital will be relying on the trading bonus so that they can be able to trade without waiting to deposit.
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