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bigxy
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Everything posted by bigxy
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Agreed to this part only as learning is a never ending process and we gain experience by each new day.
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why many people see forex trade as gambling?
bigxy replied to rockstar's topic in Forex General Discussion
What i have learned is to trade like gambling however think like the casino house and calculate the probability, trade with positive mindset and you will find more success than before.. try it and share your experience, good luck. -
Better to use stop loss in order to prevent taking more losses in the event if the odds start moving against you.. CHeers!
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That's why i said it sucks with forex sites for being it is not any feasible option to fund forex brokers or any casino sites.
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Introducing the world’s first trading and gaming partnership!
bigxy replied to standart's topic in Advertisement
The webinars offered by this broker is really appreciated become they contribute really good efforts in educating traders. -
Paypal sucks simply..! Why don't go with other options which are far better than this where paypal already had banned a lot many countries, it hassles you verify your accounts and most often account get frozen with no reasons and never reinstate.
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I think forex trading is a complete cycle, learning it and earning money requires some time so better learning it before jumping into earning.
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Not sure if the new traders can benefit from scalping because it is possibly done during the high volatile markets where the risks is also high so better they should trade during the normal without risking their capital.
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Both worth the same, its up to us that which option suits us best.. some trades stock and some trade forex or both of them so better do whatever you find easier to handle and invest what you afford to loose. Both in my opinion are riskier options to make money through trading, either it is stock or the forex market.
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Experience is helpful in earning more and more because it comes after a lot of bad experiences however new traders should also focus on learning in start rather than taking risks because earning comes to those who knew how to make money from forex trading.
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Trend is the main thing to understand in my opinion and those who follow the trends usually make more out from the trading as compared with other traders.
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Introducing the world’s first trading and gaming partnership!
bigxy replied to standart's topic in Advertisement
Yeah at least i am doing some profit this year because of more experienced one as compared to the last year, so far i haven't caught any falling knives as yet.. -
I think that's why i selected forex trading because it can be done without time and regional limitations.
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When Did you start your First Trade?
bigxy replied to kiranchandra's topic in Forex General Discussion
I think it is good to test any brokers processes and we can also learn forex more easily than any other available option by practicing on a demo account. -
Introducing the world’s first trading and gaming partnership!
bigxy replied to standart's topic in Advertisement
I have seen them already doing the same on facebook, not in terms of live feed but i have noticed some promotional stuff similar to that coming on facebook for the past few weeks. -
I have just created another new demo account in lmfx learn and earn demo account and i am very hopeful about getting the free 1000 usd which they announce for the winners only.
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Lots of practice with a lot of patience and this should be kept with consistency because earning isn't that easier as the new traders think about it.
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In my opinion fixed spreads might be a good option for everyone as these spreads are directly counted in the transactions cost incurred by any trader.
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What do you think the reason why traders encounter loss in forex ?
bigxy replied to Levie's topic in Forex General Discussion
These inevitable losses are i guess the initial losses which many of us make in the start however we need to forget them and keep on moving forward if we wish to become successful trader of future. -
Forex is a risky yet very professional business and if it is done with good analysis the chances of earning good money are very high as compared to any other business available to us.
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When Did you start your First Trade?
bigxy replied to kiranchandra's topic in Forex General Discussion
I still give time to test my strategies on the demo account before applying them to live accounts, so far so better let see how it goes in future.. -
Money management, experience and emotions management contributes a lot on our performance in forex trading as compared to the capital.
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Introducing the world’s first trading and gaming partnership!
bigxy replied to standart's topic in Advertisement
We can also access the past list of webinars from youtube and their site as well.. -
I have a verified account with them but i am majorly trading forex for now because i think forex is quite best option for me, maybe i will give some thoughts to binary again but let see..