Traders can decide to become full time traders but it happen after they are arrive at profitable phase. They are generate consistent income and it big enough to fulfill living expense. However, if traders unable to consistent yet in generate good result, better if they take part time to trading...
For traders who going to be adicted to trading, basically they are greed. They are unable to control themselves to keep open positions. The feel by get profit probably make them enthusiast and lead them to want to make it again and again. However, market doesn’t give traders entry opportunity...
PAMM account designed to help traders to generate more income. Since traders manage investors money in high amount. However, require high responsibility to traders since they can’t let investors money being gone if they are decide and courage to manage it. It explain that traders should have...
Trading activity is very interesting. For curious students, they’ll interested to trading much more in other field study. If trading include in syllabus, better it explain just general invesment knowledge. And not elaborate too deep which invite students curiousity to be involved.
Stress could lead traders to get even worst loss result. If traders in situations which they are unable to calm, better they are stop trading. Close the chart and doing some activities which help traders to release the stress out. Or if traders keep continue to trading, listening music probably...
If traders just enough by rely on luck, not necessary to take learning and traders will become profitable. However, guessing doesn’t work in this business. Every traders should take practice and make themselves able to mastering the strategy. Deep understanding about market necessary too since...
There are no specific secret to be succeed in forex business. The only thing traders can do is take practice and make themselves understand how the market works. It enabling them to point out the strategy used to deal with market and help them to analyze the situations in more proper way.
Newbies have no sufficient knowledge and skills which enabling them to conduct proper analysis and generate good trading decisions. The best approach to newbies is take practice. Sharpen the skills and knowledge by gain understanding about market movement. If traders know what they need to do in...
Well, better keep stick with conservative approach and always discipline with strategy. If consider the risk, doing unnecessary thing just make traders to get high loss result. Never tried something we are unfamiliar with. Advisable if traders remain stick with the trend movement and don’t even...
The best strategy doesn’t mean that it will able to lead any traders to get good result in trading. Because strategy work based on knowledge level, personality and goal. And if all aspect doesn’t suits with strategy, traders won’t able to implement the strategy in proper way though it proven to...
Require fast response and ability to keep adapt with fast market changes in small time frame, If traders apply scalping method. Traders experience will be point out whether they are able to end up with succeed or fail in implementing scalping strategy. For newbies who have lack knowledge, better...
For people who have no outdoor activities, better trade with PC or laptop. Since the screen wider and allowing them to see the market in clear view. However, if traders have outdoor activities, seems have no choice to use mobile phone to enabling them to trades and monitoring trades. Because...
SL help traders to protect capital to not get high reduce when they are open wrong positions. However, difficult to point out the best stop loss level. It make many traders to do not set stop loss and choose to use manual cut loss. If traders have time to monitoring trades, no problem if they...
People who doesn’t understand how to trade properly should not invest in live account. Better take practice and make themselves knowledgeable and experienced first. Forex business risky and difficult, not all people able to bear with such conditions. If people don’t accept the fact that loss is...
Trading is just a matter of open buy or sell order. However, to make profit is different story. Traders should conduct analysis and open positions based on the trend market. And to enabling traders to analyze the market in proper way, no doubt that traders should take practice and learning...
Indeed, that forex could lead traders to get stress. Moreover, if they are always got loss result during that day. It make traders unable to focus anymore and probably unable to being logic to make trading decisions. Listening music or even close the chart to stop trading, will help traders to...
When loss occur, we need to remain calm. Keep patient to wait next trading opportunity and open position when it comes. Not necessary to rush to recover back and trade though no opportunity appear. It will make traders to get further loss than able to recover previous loss.
Many traders consider that forex is gambling. However, they are not true because this is trading business. Traders buy currencies against other currencies, and generate profit based on increase and decrease of the price rate. If traders analyze the market and economic situation, have chance to...
If we are start with small capital, we have chance to increase it become very high, but in very long period of time. But if since beginning we trade with high capital, we can make our capital become million in short period of time. Basically, this business offering unlimited income. However, how...
For traders who have good trading skills and convince with their ability, can open PAMM account and manage investors money. For investors who interested to make profit from forex but have no trading skills can invest in PAMM account. I am interested to open PAMM account but for now, I am focus...