if i loss big amount of money i go away from the market and get some break before trading again to refresh my mind and refresh my body also and then i can start trading again at the next day but the only thing which i think it before start trading again how cover my loss
forex is not a thing you will buy it from the super market it is a business but this business needs high level of learning how it works and training with demo account but i think you are asking about the capital to start trading and the best capital for the newbie is 500$ in my opinion
because now there is no liberty reserve i am using now three payment processors but in my opinion number one now is perfect money and then web money and with my opinion the great one is neteller
yes of course even i loss my account 5 times before with 1000$ for each time therefore now i am making good experience by training and learning again because i believe that forex can reach me to my targets which i have planned for it
therefore and for this cause which are you talking about in your thread i advice the new traders do not involve yourself with forex before you be sure of your level of trading do not start trading without knowledge and experience it is big mistake and will make you loss all your account
of course man nobody in forex start with professional level every professional trader start as newbie for example of course you know is semi professional in forex try to remember how your level was for two years ago of course no you are too much better even the professional was like you
no i do not agree with you my friend because there is nothing impossible in any business and if you want to make success in this business you have to learn very well and apply what you learned with demo account and then you can test your strategy also with demo account and after all these steps...
look my friend my favorite pairs which i am trading with are eur/usd and nzd/usd but i hate trade with usd/jpy and eur/gbp because they do not respect the technical analysis or any digital strategies therefore i dislike them too much and they make me loss my account before many times
i think it is better for the newbie to not trade with scalping i see this is a good point for the newbies and any traders because scalping is perfect way to make good profits with very short time but it can make you loss all your account with like one hour
yes of course forex is great part time job for the students and also for who has his essential job like what i am doing know i am working with forex as a part time job at the night depending on the pending orders with stop loss and take profits
to be perfect trader and i do not believe there is something called perfect trader because perfect trader means that you will not loss any trade but there is something called professional trader and to be professional trader you must first learn very well the basics and then the technical...
yes of course demo account is very important for the newbie because without it the newbie can not learn how to trade and can not open any position therefore i advice every newbie to get training with demo account at least 6 months before trading with real account to avoid big loss
because to be good trader and success with forex all of us must learn forex very well and then get training with demo account at least 3 months and then also we must test our strategy with demo account at least 3 months you must passed all these steps with demo account before you start trading...
this is my best indicator which i am using with H4 time frame and also some times with H1 with the perfect currency pair which is eur/usd and i like this indicator because the signal of this one is very good with H4 time frame and make at least 20 pips with each chance i got
no please forex is not like gambling because gambling depends on luck and forex depends on your knowledge in trading and in technical analysis therefore forex is very difficult job and needs too much time to be professional
if you want to become rich quickly this means you will trade with high risky like trade with full margin as some traders do this but unlucky this way of trading is very dangerous and you can lose your account quickly
if you want to make trading with forex easier you must get training more about your strategy if you are finding it so difficult and then start trading with live account but with just small capital to avoid big loosing
for me it is good supporting way in money and i am working with forex as addition work because my salary is not enough for my family this is my causes to work with forex
i prefer live acount with low investment like just 50$ and if you trade with live account you will trade with emotions and you will get training better than demo acount