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Member Since 14 Sep 2013
Offline Last Active Mar 11 2014 09:00 PM

#393376 Why you should not trade unpopular pairs

Posted by euro on 03 October 2013 - 08:48 PM

I think we should stick with the safe haven pairs like euro or yen or usd since the unpopular ones have high spread so that is the bug right there already. I mean if you're scalping you can't make that much with  high spread since you will be waiting for 3 or more pips in order to gain like some pips and it takes forever so better stick with low spread pairs like euro or usd or yen rather than others. I can't stand high spread and its way too hard to earn in scalping. 

  • -9

#393348 Long term trading for newbie will be more profitable

Posted by euro on 03 October 2013 - 03:30 PM

I think long term trading for newbie will be more profitable. Its more profitable cause its easier to enter and sell than short term or scalping. Its too much risk for newbie to scalp and they have little control over it sometimes since the price moves too quickly and can turn against them. Its hard for them to make money scalping but they can make profit easily in long term trade. Try entering the market right before market opens and then watch it rise and then sell. This is simple enough right. The price is usually low enough before market opens and by demand it will surely rise during the noon time and then sell by 3pm. 

  • -14

#389812 What makes one trader better than the other one

Posted by euro on 20 September 2013 - 12:53 PM

I think you can earn in forex and not all of us will lose money. While some newbie keep on losing but that should not discourage anyone who has good skills and can profit from it. I think when it comes to forex, its all about education, experience and skills. Your intelligence and analysis will also set you apart from the ones who does not gain profit. So, I think if you want to gain profit, you have to keep on refining your skills, practice a lot in a demo and ask if you have good skills before you trade. If you have self-control, you will also make more profit versus acting like a gambler. What do you think?

  • -14