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Robert M

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Everything posted by Robert M

  1. Money Management is one of the focal bit of risk Management. I risk 2% of my capital for each trade. Similarly, the most silly introduction to risk is 4%. It proposes I open most crazy of 2 trades. I figure everyone should keep up their hazard association rules. Without overseeing risk in trading entire arrangement achievement is farfetched. Stop loss is a part of risk management.
  2. I am trading with Eurotrader for 3 years. I changed a lot of brokers in my trading career. But I finally set with my broker. The broker is regulated and licensed in Forex and CFDs trading market. The broker also offers the best trading facilities like lowest spreads starting from zero pips, fast trading platform, swap-free account, high leverage up to 1:500, and many more.
  3. Forex trading requires time to achieve success like any other business. However, it is one of the best earing sources in the world. In 2020, the forex market becomes more popular due to covid-19 lockdown. Traders need to spend time to learn about the market and trading. There is no other shortcut to do that.
  4. There are many scam brokers. This is the reason regulation of a broker is very important. Regulation of the broker is very important aspect. Every trader should check this before choosing a broker. Payment method and timing should also be checked. Because By doing this your money will be safe with the broker. I have chosen Eurotrader which is a regulated broker providing premium trading services. They gives very low spreads as low as 0 pips, 1:500 leverage and instant trade execution as well.
  5. Greed is the most dangerous emotion for trading. Most of the traders lose money just because of this greed. And there are s trader who is mistaken greed as hope. Greed is when you have no trading plan. You trade all day long. After a profitable trade, you open another trade in the hope of making money. But we should control our greed if we want to stay in the market and make profit for long. I am trading with Eurotrader broker that has over 100 trading instruments. You can choose your best from here.
  6. It takes time to get success. Successful trading is all about skills and controlling your risk. There are some more important things to follow which include good strategy, good trading plan, professionalism and choosing the right broker. You can not get good result by trading in a poor broker. I trade forex at Eurotrader broker. I am here in this broker since it is a regulated broker and has tight spreads. I likewise can withdraw my cash quickly.
  7. Scalping is a profitable short term strategy but it has risk also. Most traders do not get success in scalping. Scalping tends us to do more trading. As a result it creates undisciplined traders. After getting skilled you can do scalping. For scalping you need a good broker like Eurotrader that provides low spreads and instant trade execution. It also gives very low spreads as low as zero pip and up to 1:500 leverage which is good for scalping.
  8. Most new traders think he is going to be rich within few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge and skills. And for that you have to give time and efforts. It doesn't happen overnight. Not even in few months. I am trading with Eurotrader where I study their advanced educational resources to learn more about forex market and trading. They also provides very low spreads and instant trade execution.
  9. Forex is without a doubt is a magnificent business and it's completely conceivable to get more benefit with this, yet we should simply buckle down and that is something that ought to do it for us, yet in the event that we're not sufficiently dedicated at that point disregard right analysis. I trust we will discover it staggeringly difficult to try and survive and we can not rely upon fortunes to get benefit too.
  10. Most new traders think he is going to be rich within few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge and skills. And for that you have to give time and efforts. It doesn't happen overnight. Not even in few months. I am trading with Eurotrader where I study their advanced educational resources to learn more about forex market and trading. They also provides very low spreads and instant trade execution.
  11. There are two kinds of broker in forex market. One is dealing desk and one is non dealing desk. Dealing desk broker execute your request with re-quote and dismissal. That is chafing for a trader. That is the reason I pick a non dealing broker called Eurotrader. it execute my request quick without re-quote and dismissal. Those are most basic thing for my scalping. They additionally are giving me low tight spread, swap and commission free account and some more.
  12. Most people come here to get a quick rich. And too with very little investment whereas any other good business needs a large amount of money. Most traders treats forex trading as gambling. It is the consistent profits that matter a most. Monthly 3 to 5% return is huge for retail traders where as big company's yearly return is 5 to 7 %. So treat it as a business if you want to survive for long in the market. I trade with Eurotrader that pioneered the offering of an MT4 platform with trading execution quality in mind. Trade on an MT4 with No Requotes, No Rejections with flexible leverage up to 1:500.
  13. Forex can be potential investment. But it is not an easy investment. Forex trading requires specific knowledge and skills. It is a work of professional. Without being skilled you would lose your money quickly. No matter how big the investment is. Learning requires a lot of time. Most people do not ready to invest their time to learn the art of trading. You also need a good broker. I trade with Eurotrader. I like their low spreads and instant withdrawal facility. They also have over 100 trading instruments.
  14. Planning is essential in trading and according to my understanding a trader ought to dependably endeavor to trade with a legitimate arranging. According as far as anyone is concerned there are 3 periods of trading where getting ready which incorporates arranging the trade is critical. I arranged everything like from a broker to escaping the trade. I am as of now trading with Eurotrader and with their analysis, instructive materials, most reduced spreads and best execution I am making great benefit regular.
  15. Forex trading is hard and complex, especially for new traders. However, it is easy to learn about trading. There is a lot of trading information available on the internet. You can easily learn from it. Much individual and instruction provide free and paid courses for learning to trade. However, I prefer my broker Eurotrader free course for learning forex trading.
  16. Most new traders think he is going to be rich within few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge and skills. And for that you have to give time and efforts. It doesn't happen overnight. Not even in few months. I am trading where I study their advanced educational resources to learn more about forex market and trading. They also provides very low spreads and instant trade execution.
  17. Best strategy is the strategy that works for you. The strategy that works for you may not work for me. Every body sees the market differently. For some people it's 5+5= 10 and for some people it is 8+2= 10. Try to understand the market. Read charts everyday. You will find the market sentiment. Start with a single pair. Do not run for ready-made strategies. There is no holigrail. Like trading system, broker is also very important. I am also trading forex from home with Eurotrader broker, a regulated broker. It gives a wide anger of administrations like low spreads as low as 0 pip, up to 1:500 leverage and a wide variety of technical tools.
  18. Forex trading is easy to learn due to the demo account facility. Almost all brokers like Eurotrader offer it. It is a risk-free account. I recommend the new trader should try the demo account. But many new traders jump into real trading first and they lose their whole capital. So, it is better to practice trading first at the demo account.
  19. It has been said that 95% of the traders are loser. However, no such research paper exists that demonstrates this number right. The reason is generally speaking trading decisions are not established on sound research or took a stab at trading techniques, yet on sentiments, the prerequisite for preoccupation and the might want to make a million dollars in your dress. What traders reliably ignore is that trading is a calling and requires capacities that ought to be made over years. I am trading with Eurotrader, a regulated broker with great trading environment. It provides a wide range of trading services.
  20. There are many reliable technical indicators. MACD, Moving Average, and Bollinger Band etc are few of them. I think the use of indicator is very important. Choose one, two or three indicators and learn the all aspects of those indicators. Test them on demo account. Do back test with them. And analysis the result. Not all the traders find all the indicators helpful. Some understand MACD more while others like Bollinger Band. So you have to find your own edge. My broker utilize their useful resources like eBook and video instructional activities. They have Technical Analysis Tools with 50 indicators and charting tools.
  21. Confidence is the most basic thing in forex trading. Most of time trader sees their impulsiveness as confidence. Confidence is something that impact you to loosen up while you are on the trade or off the trade. To get sureness, first thing is to extend knowledge about trading. By then practice, practice and practice. Test your strategy in demo account for 3 to a half year. It will help your conviction an extensive measure. I for the most part think about their advanced instructive materials. Those are to a great degree useful for me.
  22. Forex Market is Liquid and Volatile. The forex market is the biggest and most fluid of the budgetary markets. Daily activity regularly surpasses $4 trillion USD a day, with over $1.5 trillion of that directed as spot trading. It is the most time saving work. Only 2 to 3 hours can be enough if you know how to trade the market. You do not need to have any formal office. You can do it from anywhere with an online broker. I am doing trade with Eurotrader. It is a forex broker. They have very fast withdrawal procedures.
  23. Hard work is very important in trading. If you do industrious work in right way, you will get accomplishment. You genuinely do need to understand what you're doing. Tenacious work should be for learning. A couple of individuals say I spend for the duration of the day trading. I do an extensive measure of constant work. Regardless, if asked you various hours you spend to take in, the proper reaction is not regardless a hour. I am a trader at Eurotrader broker. I like the platform of the broker. I similarly like their educational resources. They are so rich. I frequently study them.
  24. Success in the forex market is the mix of few of things. An irrelevant nice trading does not help anyone to make profit here. Nearby extraordinary method, you require incredible risk organization capacity. In addition, the most basic thing is trading cerebrum science. A trader's trading cerebrum science in like manner should match to his or her trading strategy. You likewise require a brain of a businessperson on the off chance that you need to be fruitful in forex trading. I am getting success with Eurotrader broker. I trade forex with the broker.
  25. I don't give any importance to bonus. But no deposit bonus would be helpful for new traders. Bonus makes a trader loss driven. He starts to think well if I lose my investment, I have the bonus. It makes a trader psychologically weak. To be a decent trader you need to trade with your own cash. For trading we better find a decent broker with superb features. I can propose you a decent broker for your trading. Eurotrader is a decent broker with strict regulations. You can immediately deposit and withdraw your money with various methods including bitcoin.
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