luckyvoy

Username : luckyvoy

Amount To Request (DMT points) : 152

LR : U8132094

Thanks Admin, hope to get approved and paid soon.

Waiting for a losing trade to come in profits may be wise when enough free margin is left to avoid margin call, and little of that can be used trade and bring the entry prices down so we reach break even faster.

Though brokers have automatic stop on your trades when your balance comes near 0 but some time due to huge market volatility broker may not be able to close trade at right level and so there happen more losses than your capital. Still i dont think broker demand you this negative amount and is bore by themselves though it may be adjusted if you redposit.

Most traders trade in eur-usd and it is wise too the pair having good daily movement and so probability of good profit. But i trade in gold that too long trades it provide nice returns provided traded with right anlaysis.

Well compounding will increase amount of capital and so we can expect greater profits but by doing this we are risking the profit earned along with capital and so i rarely compound and withdraw profits time to time.

Yeh i have a trading plan and in my view we should not trade without a plan. A good trading plan should consider all aspects a good strategy, capital and risk management etc.

There being no way to predict 100% right what the next move will be there remain probability of losing while expecting a win, what make it wiser is limiting the losses with stop loss and trading for bigger targets.

To trade fundamentals i will need more amount of capital because fundamental works in long term and for that i need to go with lower leverage, but those are technicals which let me make big profits in short term though with greater amount of risk.

When entering forex market people are attracted to huge returns it offer but they ignore the risk element involved in forex trading and due to that they get into big losses, whatever be the conditions we should always use risk management.

Before opening trade i consider probable risk reward ratio and even if i make equal amount of losing and winning trades i should be in profit, in another strategy where i play for smaller profits and big stop loss i often get winning trades only and hardly those losing few.

I look at chart to find the range it is trading in, and wait to find the prices near lower bound to open long position, or a break out confirmation upward to open long trade.

Arranging a mentor may save lot of time and can help in giving a good start but for that we need to bear additional expenses. Due to so many free sources of gaining forex related info we can save this amount to trade.

Do you think forex can be used for long term investment. I mean investing in pairs/instruments with strong fundamentals? Would it be safe?

Apart from having attractive and unique an eye catching site design admin has kept plans also very attractive, we only need to keep invested for 20 days and can get 40-100% return our our investment amount. Minimum also affordable. Here again no rate us page make it difficult to find the status of program.

2-3% daily return offered by the program is quite sustainable and i dont think there should soon be any sustainability problem due to roi, still the returns are attractive as duration is 150 days and so we can think of at least turning three fold our investment.

Only the first plan look affordable as no other plan allow less than 5000$, 40% profit spread in 5 days is still very good return for this short term program, admin need to add rate us page to the site to spread the word that they are paying.

Apart from attracting site look program has got attractive short term plans - which there looks no way to sustain for long but we can expect good inflow in short term, lower minimum and accepting AP along with Lr & PM are other good features here.

I think it would depend on size of capital you invested as to whether it would be posisble to make 1000$ a day, if you have 100,000$ capital you need to make only 1% profit to achieve this target.

Demo account is a boon for new traders where they can improve their skills without risk of losing even a single cent, good point is you trade on same conditions that real a/c traders are trading on, you trade on same market too,

No risk inviolved in demo trading and so they are very good to learn and improve your knowledge risk free but you cannot make any real profits too

no or very less sentiments involved in demo trading though in real you have to deal with sentiments while making any trades.

It is fact that every one lose some time and no one always win, but i dont think losses give good inspiration rather it taste of profits that inspire us do better.

Knowedge is quite important when it comes to forex trading, fortrunately forex forums are such of our friends where we not only get good knowledge but get tips from experienced traders which enhance our experience.

Profit and losses are ofen in forex trading and i dont think it would be wise to leave hope, but as you are getting continious losses i feel you should look into the strategy you are using, does it need some corrections and look the reasons you see were responsible for these loses, try to correct those.

I thini the major mistake traders make and that make them loose big is just thinking of profit and ignoring risk, or not being ready for losses, and due to that they dont care about risk management and stop loss which lead to losses.

Forex robots deals with situations with pre-defined instructions and that is major drawback of robots in my view, some time we may need to act as per current situation/conditions. Also we learn nothing when robots are trading but when trading ourself we are earning incredible asset of knowledge.