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Levie

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Posts posted by Levie

  1. Lack of knowledge, lack of discipline and lack of risk management that they should be go back to their demo account to practice more. Besides, it takes more than 6 months to mastering the basics of this business.

     

    I agree with you. before we enter forex trading business. make sure we have knowledge on the market flows. manage everything especially your funds so you won't have difficulties when you start trading.

  2. For me , one of the secret for successful trading is knowledge. because if you have knowledge you can create effective plans that can help you to get good profit from all of your trades. That is why before you enter forex trading business. Make sure that you learn all important details that a trader must know for them to have a profitable trading experience.

  3. I think we really cannot avoid loss but we can lessen the risk of it. use stop loss. and next time better pause for a while and refresh your mind so you think of new plans for you to use to bounce back from what you've loss.

  4. Nope, it is still not that easy. Think that we have done learning the basic knowledge in Forex unfortunately, we will still have losses or more of it. So, there's nothing easy way in Forex trading. Though, we will feel enjoyment and happiness once we have our profits and consistently making it with lesser losses. So, ideally we should have more practicing and discover new things. 

  5. demo is for newbies to practice their strategy and ability before going live. then live account is where you apply what you've learn from doing demo and here is where you journey as a trader starts. make sure that you have knowledge on how to make it work so you won't have difficulties when you trade.

  6. for that, we should be able to be able to evaluate properly. Trading with the evaluation it will allow us to trade with the maximum. therefore, very important for us to regularly evaluate so that we will be able to be able to correct mistakes and not repeat the same mistak

     

    yes you are right, monitor all for you to see if there's any changes on. be wise on making decision so you won't encounter difficulties on trading with forex.

  7. I did start forex trading last november. i am so very nervous that day because i thought it would be a mess on the first try on trading. then after doing it, do happy with the result. Even though i did not get large profit at least i got something that can add up to my funds. and now its been months, i am now earning enough.

  8. If you keep at it, you will make some money in forex. The key is to use modest amount of money to trade and lower your risks and also keep at it to make moderate profit and keep at it and then continue to make more profits. I guess if you make several hundred bucks per day and do that every day, you will end up with some good money at the end of the month but don't aim way too high cause there might not be enough trends for that. 

  9. It is very possible to make this online business as our main job, we don't have to worry about it, the only thing that we need to worry is the way we trade. Well, in order to make forex as our main job, we need experience, skills, and a bit of luck. In my country there are a lot of professional traders that make forex as their main job. you just need to be knowledgeable for you to have good results on this kind of business.

  10. Nope, you don't have to trade everyday and based on my own view this shouln't be done because it will easily depleted all of your mind to work for something which may doesn't bring much fortune for you. I see trading at certain time when all or at least 80% of criteria met will bring more effective yet efficient result.

     

    yes we really don't need to do trades every day, better have a rest on it so can still create good plans that can help you to improve your skill for the next work you'll do. then make sure that you also add some learning so you won't have any difficulties doing trades. manage thing especially your funds to avoid loss. 

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