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riddick09

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Everything posted by riddick09

  1. That's why we should be more careful about that since, we already know that there are not always right reviews about those Forex brokers. So, we need to keep on seeking for the correct information and reviews before, we conclude the verdict about that broker. Demo account, I don't think it's the purpose to determine if they are good broker. That will be in their offers and service so you will just going to have that if you make it in real trading.
  2. Think of the volume or amount not about the money, more like of it. Since, it's lesser in tension and easier to focus in our trading. Seems that trader should learn more of their trading strategy as early as possible. Because, this is where we conclude our decisions for placing our trades and if our strategy is faulty then, I don't think it's going to give us gains.
  3. I doubt we can do consistent profits even we do it as a main job. Yet, I would say only take it as our job if we know that we can make profits and also have other source of income. Because, expect the unexpected that we might not able to gain profits in a day or even for a long time so, we just be patient and try other ways to earn and we are serious in here then, better to divide our investments.
  4. Even you are full time trader you can't expect that the market will be in your favor. So, there will be times you will not going to trade to make it but then, yes, better to have a trade as much as possible because, you time will be wasted just looking the chart and yet, you did not have any order and not going to have chance to have winning trades.
  5. Just like we think of a job opportunity then, in Forex we will going to grab this chance and try to become successful in this business. We can't always say that we are not qualified just because, we can't handle ourselves or not able to invest due to lacking of funds or investments. Just like a quote, if we really want to, we will do anything for it.
  6. Trading with just the welcome bonus is like wanting to try the real trading if we are not capable to do so. Those bonus funds are not really free because, we work for it. Can you say that the bonus will be given if we don't post in the forum of course, not because, we are going to participate in the discussions to gain points and earn it.
  7. That is if it is guarantee of making decent profits. But because, with the knowledge of LR as having investment programs so technically, we have high chance to lose and getting scammed by those programs. So, what we need to take care of is that we should have the idea about these programs and think if we will still continue just like LR once you have sent the funds it's final.
  8. It's because it's like a figure of speech. Still if you understand it, it did not really meant of dream literally. So, can you say that you can dream specifically your trades particularly your profits and losses? I doubt about that, that's foolishness and again it's like imagining things or perhaps hiding his real trading and put it as in dream lol.
  9. But in the end of our trading. Our profits should be bigger than our losses. Of course, if our losses is bigger than profits then, we fail in our trading or most likely have seen our account in margin call. Nothing to worry about if that is our first time because, that will serve us our guidelines in trading and do better next time as we still have many chance to trade in the market.
  10. Because, we invested here then, every movement in our trading will have risks and therefore, it will always the chance of losses and we will fail in our trading. What we need to learn more is to develop better trading plans and our strategy to lessen the risks but just accept that we can't totally eliminate the risks even we are trading for long years.
  11. Or they are just selfish enough and overconfident to just skip or ignore demo trading. They are lazy to determine their weaknesses and mistakes. Thus, they will just only realize and will be back in demo trading once they have lost in their real trading and need to improve their trading. These accounts or trading type are a must. In demo we will need to test our strategy and earn real profits in real trading.
  12. It's not only for the trading strategy but also for ourselves. We need to develop our skills and therefore we will going to need of the demo trading and yet, we need more of real trading to really show if we are good enough in the market considering of the hindrance of our emotions and analysis in the critical conditions of the market.
  13. Well, investments in PAMM account does not mean you are good trader already. To have check whether they are good already in Forex trading will be stated in the trading journal. And if you know it then, you will just see it in their portfolio and compare it with yours. It's difficult to make Forex investments as full time because, we must make a profitable strategy that works for our plans.
  14. Yes, it is not. It's like investing in the different programs to make sure of the safety and diversion of all of the funds. It's like if you bankrupt in one then, you are going to still have other one and able to continue with your business. So, if you see that one broker isn't that good anymore then, you might focus in the next one and be careful on those Forex brokers.
  15. Demo account is our practice environment. The market we are seeing when we open or trade in demo will be the Forex market. What they need to prioritize is to know what is the best strategy for them and can be applied for their real trading. We will need to spend a lot of time to come up with it and to see every results and comparisons of those strategies.
  16. If will be not useful if we will not able to have our target profits or make profits on our trading. Since, this is not the same as having investments there will be profits daily or periodically. But in Forex you will have to have a good strategy and not always achieve profits because, you will have losing trades. This is possible only when we have experienced it and have high chance through the strategy.
  17. Well, i have read about these news also at the same time I have received the email from Mayzus regarding it so, I think you should have check yours as they are not affected about the news or whatever and we are glad that our Forex broker is good with this thing or might able to do it in even before to not have problems in the funds. And I quote.
  18. Yes, of course you don't have problem with it. Scalping is allowed in the broker and you can have your trade as long as the minimum is in 3 pips spread in EURUSD which I think changed recently because, before, I know that it was 2 spreads only but when I'm back to trade again it's already 3 pips so, this is a changes for me for my scalping strategy.
  19. Hmm, demo account usually have their demo server. They have different server for the different trading accounts and depends on what you prefer server. I usually choose of the fastest server so, it will not have connection problems or errors during my trading. So, it's the best to choose the best servers for the demo and real accounts since from the start this will affect our trades as well.
  20. Yes, that's the best if we want to have the safety of our profits. But if we really plan from the start to have more capital to have more profits and think of just compounding for every profits we've made then, we will going to have tried this and make to find a way to increase our initial investments and target more profits once we've made bigger capital.
  21. If we can have done with 1000 dollars this could mean that we will going to be financial stable and really a great profits for me. This will be a great conversion in our currency and therefore, we earn better than other jobs we have offline. Although, 1000 dollars daily would be impossible for me only nearly possible is to have 1000 dollars monthly.
  22. I guess if I will have Forex trading as full time trading then, I will need to understand to have a good amount of profits to be targeted. Possibly to have a good start of 100 dollars monthly or better then, if successful will slowly try to have more capital and higher target profits. Also to think this will really need a lot of practice to know the best for us in our strategy.
  23. To have monthly goal of profits will mean of time and also investments. We should have long term trading in here to achieve good profits without having high lot size. I think it's a good thing for you to have expect of the monthly profits in Forex trading. And I will do the same to achieve better earnings through Forex trading. I will need somehow to find good amount of trading capital.
  24. Always to consult first their trading strategy in the demo account before, they can apply or use it in their real trading. That's the best way to tell how most likely the results of their trading in the market. We should definitely filter what could be the best for our strategy through the use of it. And we should have done to invest our time and try as much as possible learn different pairs to know the different market conditions.
  25. And at the same time, we should have already know that the experienced traders will have the same thing that they can't always avoid or just make profits in their trades. The mistakes can be repeated until we have determined the reason of our losses and that we will going to find what are our weaknesses and improve ourselves as a trader.
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