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riddick09

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Everything posted by riddick09

  1. riddick09
    I think we should refrain in having free Forex robots. Better to practice and to enhance our way of trading. This is difficult to maintain our way of trading but it's better than relying on robots which we don't have confidence or we can't rely. Our skills is better and therefore, we should use it and not waste it. Robots is just for other purpose.
  2. riddick09
    In order to make profits work we should have our trading strategy, well-practiced and emotional are ready. And that we will be have our plan and guts to be successful in this business. To make profitable trading will require time and efforts. This will not be easy for everyone as they can have difficulty in some areas like emotions or capital management.
  3. riddick09
    They can achieve it if they are going to be patient on accumulating more funds therefore, they can gain more capital first or to have other means to earn it. Since, we just don't think of having a month preparation and accumulation of funds but it can be few months or more. So, when we have the trading then, capital will not be a problem.
  4. riddick09
    I always think of stop loss as life saver. Since, stop loss is a way to handle our losses and that we will not going to drain or reach margin call easily. Since, we can't always monitor our trades and the best way to not have these big losses is to have stop loss order and to have also the take profits which will back up our analysis.
  5. riddick09
    Well, we need to work hard in order to gain bonus not free money in Forex. That's definitely include in the trading contests and also in the Forex forums which we all know the best way to have good trading capital as one can have their target of 50-100 dollars or better. I just think that we should handle our time in posting to make it work.
  6. riddick09
    I think even before this pair, EURUSD is still the most traded but I think it's started when EURO established. Yet, there are other currencies that we know for sure like JPY and also the GBP. And there are major pairs we should know also. I think that currency pairs should understand by traders and their relationships.
  7. riddick09
    Yes, we can always have difference in the targets and therefore, we usually have here either daily, weekly or mostly monthly target since, we can't always expect that there will be profits everyday we will gain. So, it's better in monthly target. Yet, our target profits will be our choice and that we will going to do it when we have our way of trading plans.
  8. riddick09
    It's for everyone who wanted or those who accept the risks. It's actually known for many countries and Forex is surely have the chance for everyone to be successful when their able to achieve it. I think we should have done here the things and spend some time but it will surely need to keep our interest and motivation to continue in Forex.
  9. riddick09
    Definitely, because the success of the program is not in our hands because, we can never tell when the program will going to turn scam and that we can have any strategy to know those and to check those who will going to stay longer or not. It's risking our investments and can expect of either profits or losses just like Forex that we know it's nature.
  10. riddick09
    Luck for me is just boosting our confidence but not really have the chance to have its way to maximize or can manage it. Yet, the most important in Forex trading for me is getting experience. This will mean as well of learning things that can't be acquired by just reading or knowing from other traders. Experience is the way for us to progress in Forex.
  11. riddick09
    And also they've think of it in every investments or when they do investing. Because, we know already that theirs really risks in those businesses and the fact that it's difficult to get rid of it and a truly investor knows how to handle or at least accept it's existence. Yet, Forex is simply a great potential of making profits after all.
  12. riddick09
    Hmm, there's no such truly give them profits but that they can make profits or familiar on how the market on that pair or currency works. So, it's best that we should choose the pairs or currencies that we are good or convenient on learning and knowing it's nature. So that, we will have the advantage and use it for better trading.
  13. riddick09
    Absolutely, we need to make ourselves prepared already and our confidence should be there and other things. We should have also remind ourselves about the investments we will make and that we will surely afford it to lose. I don't think an investor will going to invest everything in a single entity or in a single program but to be wise to have other investments.
  14. riddick09
    Have perfect mentality and but did not understand the significance of loss?? That's a conflict on your statement. It is the opposite. Yet, losing is always in trading and in any business. I will not going to just quit or others because we've made losses but we continue on trading until we become successful and understand how to trade well.
  15. riddick09
    Well, that does not matter. Because, you can have your own way of trading. We can say that in having 5 or 50 pips gained you will have both the same profits. Which is we have adjust the leverage and capital we have then, pips target will not have difference at all. I do think though, that having smaller pips target meant to shorter the time to accomplish your trade and to have lower risks.
  16. riddick09
    I think it's one of the difficult emotion to handle. This is because, it is intense to have this emotion which greatly affect both our trading and decisions. So, even our behavior will change when certain factors comes in and trigger this emotion. Definitely, one of the things that have greatly make the traders lose and to be aware of.
  17. riddick09
    Thus, we just give them the things that they usually forget and to remind them about those. These includes those risk management and to have proper trading and enough trading capital to get started. I also think of having the Forex brokers to choose that we will need to take care of because of the legitimacy and reliability of those.
  18. riddick09
    There's no difference in the risk and it will be just vary on the different factors and risks you've applied. We can have both risks in either short or long term because, we have the other factors such as leverage, our trading plans and also the target profit. So, it's definitely just the same benefits we will get or we can say have both their advantages.
  19. riddick09
    And I can say that bonus are good if they are in the form or trading prizes or in the forums and not in welcome. Because, I don't think that it will going to be good with the traders to use only the welcome bonus but to use it in a way to add in their capital. We can't totally depend on those welcome bonuses obviously.
  20. riddick09
    There's nothing bad about it what we really meant to think about in those two if we are capable in those investments or if we have chance to do it in our current state. Sine, in Stock we need huge investments and it's not easy to get started so, we can't just jump in there also that we should have already background or experience in Forex.
  21. riddick09
    Definitely, we need to have our awareness regarding the Forex events. These can be found in the Forex news or articles found in the different websites. I think that it's better if we will going to choose the best and reliable Forex news sources which we will have the updated and many news that we can analyze well for the long term trading.
  22. riddick09
    Yes, of course. There always be winners and losers and not only in Forex but in everything. It's like the balance and that we can see that there's simple upward and downward we can expect in Forex and that there's always balance in one trader made losses then, some will be profiting. So, it's doing the best we can to have profits after all.
  23. riddick09
    We should definitely have our trading plans but rules can differ from traders and I don't think it will be like a must but to be a reminder for traders when they still have losing trades. It's very important to know our own weaknesses in trading and means that we create our own way of trading and the conditions or rules to manage our trading.
  24. riddick09
    It's in the emotional difference and we know how to difficult to manage it in real trading. And since, we don't literally risk the capital in demo that's why emotion is not high and therefore, got not affected their decisions in trading. Although, we should have learn sooner or later that there's really difference in handling our way to trade in demo and real.
  25. riddick09
    As a matter of fact, that we are using our brain to have best way to gain profits and not to just rely and think of luck which gambling is. I think that Forex trading is already known different from it and it's simply have ways or strategize for better winning chances in trading. And in gambling it will be 50/50 chances unlike in Forex.
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