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Levie

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Everything posted by Levie

  1. t 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
  2. I would like to say it is depend on the person itself. If you are treasuring the free money, you might be a success trader no matter what money you are using. But if you are not that kind of person, you will not treasure the free money, unless if you are using yours.
  3. I think one month is not enough for every one because all have not same abilities to pick things. The users with active and sharp minds will get things going in their first month but for others it may take 3 months or even 6 months.
  4. We can notice that more and more traders are looking for robots to trade for them, in my opinion, robot is just a supplement to manual trading, it is impossible for robot to displace manual trading, we can't rely on robot to earn money for us.
  5. This is normal that people can lose, so it is valid statement that everyone can experiencing loss. But it doesn't mean that sooner you may recover yourself, maybe you still lose your money, but it is unavoidabale to lose, i see many people explot this thing for the sake of their own product. For me, loss is an experience to learned from.
  6. Maybe lack of patience why people encounter failure in this kind of business. You need to be more patience for you to continue working here. As we all know that it takes along time for you to reach success.
  7. Yes, trading often has the advantage in that you will likely gain experience much faster than someone who trades casually. But a trader does not need to trade regularly in order to secure profits. You always trade depending on whether there are good trades to get into anyway.
  8. Anything that requires investment is a risky business and forex is nothing different. The risk con not be eliminated from this market but it can be reduced as much as possible by proper trading strategies that we use. Only proper knowledge and skills in this market can help you reduce your trading risk up to a great extent.
  9. Yes, it is a human nature that we want everything to be fast and especially a money involve and we as human wants to be in profit in a short period of time. Too much greediness could lead to losses.
  10. I know that forex is a risky business, but there are no business without risk. So do not worry carry on your work. If you are a honest and hard working person you will be success in forex market. So it is very good for us and a good chance for me that we can earn money from here.
  11. Stop loss is a tool on trading that you can use to lessen the risk of loss. make sure you know how to place stop loss if ever you think that you are leading to losing it.
  12. Yes, robot forex has many disadvantage. It cost us very expensive and our computer need 24 hours on. Beside that robot forex doesn't make a good return in reality because most of the profit shown in their advertise are already been modified. Most of the robot forex sales shown their profit trade and hide the loss, it makes us only see the positive side. Robot forex also won't help us a lot in this business for long-term because we only stuck with programmed robot and doesn't learn what exactly forex is it.
  13. Emotion is always there so i don't think that its possible for any trader to trade in the forex market without emotion so if you want to get something good from here just try and control your emotion
  14. I used the demo for one month or less, but now i know better, the demo is a place where all newbies must be till they are able to trade successfully and develop new strategies that they will use in their trading when they get to the live accounts. You are not supposed to leave the demo without learning all that is necessary.
  15. I feel also that long term trading would be quite beneficial to a newbie more. Setting a long term target and working towards achieving it over a longer period of time would most likely favor a new trader than when he sets it on a shorter term that would be discouraged by losses.
  16. The person who want to be successful in trading in the forex business should be able to have patience. Without having enough patience to learn how to trade, the trader cannot be able to trade very well in the forex market and cannot be able to make profit from his or her tradings. Patience is a very important thing for any trader.
  17. important if traders get used first with the pressure and risk. if traders know that they deal with loss result and accept it, easy to them to be discipline in trading and reduce emotions take control over. traders need to have strategy and risk management plan too which able to give them guidance in trading. and thus, they'll not rely on luck or guessing in make trading decision.
  18. Yes, forex is a risky business. that is why we need to learn first all important details ab pout the flow of the market at least we know what strategy we'll create to help us get good result from it.
  19. f risks and loss associated with forex trading is given more than necessary consideration, we may likely not give our best to it. We can earn good money from trading forex, but I'd always not advice that the trader makes it his/her sole job. People do it however. But a good investor must have multiple streams of income.
  20. Yes forex is a risky business too. If you want to start a forex business it will be risky for you, if you have no knowledge about it. So at the first time you need to open a demo trading for increase you knowledge about forex then you can be open a real account when you will be a trader.
  21. forex is too risky..you must have a lot knowledge before to start trading in real trading. see the world market news update to know the movement of currency and if you are newbie in forex you can chat with expert traders there before make a trade you can ask to them about their analysis if it is good you can put bet there
  22. Gambling and Forex are not the same thing and when you are gambling, there is no point trying to put it up as a business rather, you should be able to see it as one thing that can give you the heart ache that you never dreamt of. The success of the gambler is not defined because gambling is a type of thing with 50-50 chance while Forex has a clearer chance when you have a better knowledge to trade.
  23. bonus is very helpful for traders, depending of each trader. If you can make the best use of the broker bonus. The bonus is given does not have to get into the trading account the bonus does not go into the account until certain conditions are met, equally as beneficial. So it depends on the choice of trader
  24. Long term traders too should have the equity to take care of that wide spread. Stop loss is an important tool as it helps the trader minimize huge losses but If he knows it will be pretty difficult for him to implement, lest, he suffers losses instead of loss.
  25. Not really, we don't need to trade everyday, have a rest, at least you'll have time to refresh your mind and think of new strategy that would help you improve your trading experience.
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