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bearhugs

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Everything posted by bearhugs

  1. bearhugs
    Less but more consistent profit is very good and high but risky profit is too dangerous thing in forex trading.
  2. bearhugs
    I always learn trading by myself, with the help of books, online tutorials, online strategies.
  3. bearhugs
    There may be so many technical reasons to choose Forex over Stock market but for me simple reason is, it is easy to learn and easy to earn with Forex.
  4. bearhugs
    Yeah, now Forex is every where online. There are so many brokers providing account with offers. Also so many websites providing more information about Forex. It is a global business to work with it.
  5. bearhugs
    We never earn money from Forex market without any lose, but we can control our lose by our money management. We know Forex trading is like a business ,so it has lose or profit chance, we need always low risky trading for avoid big lose.
  6. bearhugs
    Forex can be a source of steady income but it requires few years to happen. Pure dedication, real hard work, thorough knowledge, solid plan, money management, control over emotion all these can make you a professional trader.
  7. bearhugs
    To my opinion it is not the leverage that is important. It is the risk you take in a trade and the money management abilities.
  8. bearhugs
    There are many disadvantages of trading with Forex robots but the major disadvantage is that there is no robot which is 100% successful.
  9. bearhugs
    The trader should grab the opportunity and any trader can learn the forex very easily and can trade in very early with some efforts in learning by any Profitable trader.
  10. bearhugs
    I think For Forex trade at first planning is necessary to avoid losses in Forex , without planning anyone can success in life. Forex is most popular & risky business in the world.
  11. bearhugs
    People are scared due to the risky nature of forex business. Most of the people want fix income from investment which is not possible in forex so they hesitate to spend money in this business.
  12. bearhugs
    Brokers make money from spreed and also from swap, if you open trades and let it during long time from day to day, swap let the trader lose amount of money or win amount.
  13. bearhugs
    The best leverage in Forex trading is 1:100 or 1:200. Small leverage is best for new traders, after getting considerable experience in Forex trading, we can using big leverage like 1;500 or more. But any how the safe side is using small leverage.
  14. bearhugs
    Actually I set stop loss after understanding the market condition and support and resistance. setting stop loss is very sensitive issue so we must need more careful regarding this issue.
  15. bearhugs
    Trailing stop is very useful if you want to take more profit if market go more in your favored. I think in trending market is good for trailing stop.
  16. bearhugs
    Stop Loss and its proper position is the question that I am always asked. Stop loss is a must. You have to set a reasonable stop loss even if you are an forex trader. Stop loss should be placed in a position that gets triggered only when the direction you have chosen is absolutely wrong.
  17. bearhugs
    As i have said in previous comment, You can trade any time depends on your strategy which you follow for Forex. There is no specific time or number for trading in a week or month. I know so many experience trader who trades once a week and earn good profit.
  18. bearhugs
    I will never used any robot for trading because robots are preprogrammed software which works on specific program for which it was created. So it can not handle the market which is not predictable. Istead of it, i will use my mind and create own strategy which works well according to my analysis.
  19. bearhugs
    Yes, it is gambling when one treats the Forex market like a huge Jackpot machine. Forex trading is a business, gambling is not.
  20. bearhugs
    Trade every day or only one day a week this depend on yourself. I also use to trade every single day, but when I talk about daily trading it does not mean that I am stuck all the day in front of my PC.
  21. bearhugs
    In order to answer this, one needs to understand where he is at current point in Forex market. The best you can do, is accept that becoming a professional trader usually takes years. So you need to keep learning the market.
  22. bearhugs
    I think, forex is a combination of hard work and smart work. Forex is very unpredictable and understand the dynamic of forexx require leading, studying as well as demo trading for a long period of time.
  23. bearhugs
    Gambling is quite different from Investment trading, irrespectively, once you bet you have no option for saving money in opposite results. Forex runs over market analysis and its technical interpretation, similarity is minor, both have two options like head and tell.
  24. bearhugs
    Forex is easy if you learn the concepts of trading. First thing in Forex is to learn, then gain experience with market using Demo. If you work hard and well, Forex is going to be so easy for earning purpose.
  25. bearhugs
    Demo is place where people learn about Forex. Get experience about trading. One must start with demo so that , he can learn well.
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