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arjumand

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Posts posted by arjumand

  1. Sure the cost is someting we should consider and this is why for some traders the fees are big trouble for them. Especially for traders who are sensitive to the cost itself like scalpers. Why scalpers? Because their profit is relatively small and bigger fees just eat their profit making it harder for them to reach ROI and get bigger profits.

     

    I guess that's the reason scalping is possible only during the high volatile market conditions and these scalpers manages to closes their trades quickly and make more profits than the fees incurred or choose those accounts which have the lowest spreads/charges.

  2. Scalping is indeed a profitable strategy, the matter here is that you need to use it at the right time which means is a good timing. The thing is no matter what kind of strategy to use, with a good timing you can make a profitable trading. Scalping needs a constant monitoring so if you can do that without much trouble, it's a good thing for you.

     

    Scalping is no doubt very profitable yet it is quite riskier for the new traders so they better choose trading on longer time frames and move to scalping when they get good hands on trading because scalping is only possible during high volatile market and those with low experience can blow up their accounts easily.

  3. The spirit in learning is very good, because with the spirit will lead to understanding and pengatahuan useful to be able to run activities in the real account with good and easy to get profit later that will be obtained

     

    Learning in forex has no end and each new day has new addition in our experience, the only thing is consistency and patience which leads us to a successful trader.

  4. Bonuses can be helpful however they should be availed after knowing the terms because they have certain terms and conditions which needed to be met in order to make withdrawals so don't just go for the free money better read the terms and then make proper use of these bonuses.

  5. Understanding forex well will generate the maximum profit for us. Forex is a business with high risk so for satisfactory results then we need a good understanding seems to be in learning to struggle maximize the ability of good trading in order to facilitate for the course of our trading

     

    I think we need to learn forex by doing demo rather than claiming no deposit because even then we need to deposit with the broker before withdrawing the profits on no deposit bonus. I still have my demo account active beside my live trading account at hotforex and the demo can be downloaded from the hotforex site without depositing any money with them.

  6. it will put our mind at ease since we don't have to worry about scammy brokers.

     

    We also don't know when a good broker become the worst and stop paying so i think we should not thoroughly rely on such brokers and keep withdrawing our profits.

  7. I might say earning 1000s of bucks daily are possible but they might depend on how much you are risking and how you trade. This amount may seems too high for newbie but experience traders might be making many of these 1000s in their every day trades. However i recommend new traders to make some realistic goals depending upon their investments and stick to their plan in order to make good returns on their investments.

  8. We can only minimize our risks by defining a proper risk management and trade management plan. We can use stop losses as well just to ensure we should earn more while lose less otherwise it happens to those whose profitable trades sometime turned bad and they losses a lot of money.

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