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Levie

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Posts posted by Levie

  1. It is the best thing to do. Greed is bad and for the trader to trade better, he must abandon greed. It's something that is in some people as that which they have grown to have. But then, it brings forth a lot of things which centers around failure. Greed is responsible for losses and there is a higher tendency of the trader losing due to such. 

  2. Totally important, i don't know if you think that is not important but Concentration in forex is really important and also it is one of the basic thing that each trader should have so they can reach more profits, there are many factual thing that we can look outside that mostly trades cannot make a good profit and make more loss when they are not concentrate with forex

  3. You might not have the need to stop trading in the Demo account no matter the circumstances. Demo account offers you a great deal of knowledge and a chance to always make amends. It is a place where the trader simply would beckon on for knowledge improvement and enhancement. Trading in the demo account is not just fun but economical. 

  4. 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

  5. This is a question that most newbies ask and of which, a concrete answer to it is quite difficult to find. There is no specific point one would say he would set the SL and it will be the best area. Just as it is best to set it close to the support and resistance, it can also be best from our analysis, that is how we can dictate the best point. 

  6. I think demo account must be the first step for all new traders. Demo account is very important and must be assume as a live account, If we can than we can train our mentally to be discipline and patience. Also in demo account we can forward test our own trading system, so we can develop it into a profitable system. After that can be use in live account to make more profit.

  7. Forex trading might be the best online earning source but i also believe it the hardest source as well,regardless of the amount one can make as a Forex trader,the risk involve in it make it the most difficult one as well,though proper learning and discipline will definitely lead to success when trading Forex but i can tell Forex is the best online money making source 

  8. I agree with you, up to now and i think for forever people will think about the fees too which means that as trader you must re-check your cost and calculate for the worst in this case as forex trader is spreads which already accounted to our position since we opened it. You can try more ECN brokers out there, most of them offers prime support and also for its server it has 99% up time.

  9. we can make forex as the main job if we have a good ability in the trade and also has a very large amount of capital and that we should be able to have if you want to make forex as the main job, but if we still do not have the ability and the amount of capital great then we will only be able to make forex as extra work for us 

  10. Well, before you can make a good analysis, knowledge must be there. It is only with a good trading knowledge that you can make a good earning and there is no way that good trading would come up without knowledge. Knowledge is the key to skills so far as Forex is concerned and a trader who wants to make money fro Forex would really have to be up and running.

  11. Some say that 6 months is enough for you to stay on demo account, but i think as long as you think that you still time to practice on it, you must still practice on demo account, at least when the time comes that you decided to open a live account, you have now an idea on how it works. And make sure that you manage everything especially your funds, So you won't have difficulties when you trade. 

  12. Totally important, i don't know if you think that is not important but Conceration in forex is really important and also it is one of the basic thing that each trader should have so they can reach more profits, there are many factual thing that we can look outside that mostly trades cannot make a good profit and make more loss when they are not concetrate with forex

  13. Yes now a days there are many people getting into forex every day and at the same time there are many quit forex all the times because of its liquid market . and now a days forex has become a best online business and that is helping the skilled people to gain some money at the same time. i really love to trade with forex . 

  14. knowledge is something that is important and many traders seem to ignore it because they think that they can trade without learning forex or having a tested out trading strategy. They just assume that they can the luck that can sustain their trading and get to a point when it can be profitable for them without knowledge or practice. 

  15. traders make money by buy and sell currency against other currencies. though it seems simple, basically, require analysis to produce good decision and make profit. traders can trade whenever they want though market run for full 24 hours. open position at the good timing will make the chance to make profit grow higher.


     

  16. Just they also ignored having preparations and management which are very important. For sure if they know it they can atleast minimize the losses and not blown their trading account. We should already know that in forex mistake will mean most of the time losses in our trades. Although, its normal for new traders to have mistakes. 

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