Forex trading open to everyone. No matter with gender, skin color, age, economic status, etc. all people who mature enough to make own decisions and take the risk can join this business. Poor people have chance to be success in this business and even able to get capital to trading for free...
I don’t like exotic pairs since it charge high spread pips and have slow movement. Though stable but daily average range movement is too low. The best is keep use major pair which charge low spread range and have high daily range movement. Have chance to traders to get high profit in short...
Traders have own opinion regarding with good brokers. Because they are set different parameter. There are traders who decide to join brokers because give bonus, set small minimum deposit, being regulated and allowing them to conduct scalping and hedging in trading. No matter with the reasons...
All of professional traders newbie previously. They are know nothing about the business and have no clue how to manage the risk and capital. All they can do is take learning and make themselves become knowledgeable and skilled. Then they are know about the market and understand what they need to...
Take learning is a must if traders want to be successful. Traders can start with reading book, articles, join forex school, mentoring and active discuss in forex forum. Gain knowledge and information as many as possible. And then, implement it in trading to develop experience and other skills...
Any traders has own speed in learning, which point out for how long they’ll keep stick with demo account. If traders able to absorb their previous experience quickly, they’ll come up with good trading method and being knowledgeable too faster. However, if traders unable to take the lesson from...
Not necessary to quit from main job in order to focus fully in forex. Such way won’t help traders to be profitable faster. Unless traders achieve at phase where they are skilled already, and able to generate consistency in good result. They are ready to become full time traders and work...
Forex risky not only for new traders. However, the risk level high indeed since newbies have no knowledge yet to manage the risk and increase the profit possibility in trading. They are require to take long training in order to enabling them handle the risk. And make it remain minimize.
Before jump trading in live account, traders need to take training in demo account. Traders learn to understand the market movement and create specific strategy to enabling them to take advantage from the market. Till traders able to generate consistency in good result, they can not jump trading...
Well, forex and hyip is different form of investment. Hyip risky because scam activities, while forex risky because traders have no sufficient knowledge to perform proper analysis and manage the risk. To successful in both field, require understanding about how the system work. In hyip, traders...
Many people involve in this business because lucrative and profitable. Since laverage system available, make people able to start trading though have small capital. Different with stock market which require high capital to start trading. Because leverage unavailable. Moreover, market open for...
Trading part time suitable to people who have main activities such as work and school study. Such people busy at day time and so, spend time to trading at night only. The best strategy used to part time traders is long position or swing method. Not necessary to always monitoring trades and...
Leverage like double edge sword. In one side enabling traders to trade with big lot size though have small capital. But in other side, such way will make traders to get margin call very fast if they are have no sufficient knowledge and experience to perform proper trading. Advisable if traders...
ECN account offering small profit and even below 1 pips. However, it could increase very high during high impact news. Such account suit to scalper who catch quick profit from market. But not during high impact news. While in standard and mini account, spread fix both during quite period or high...
Majority traders pay attention with high impact news. And less attracted with small and medium impact news. We can check the calender and usually high impact news mark with red flag. At least that is what I see in forexfactory.com. in other site, the color to mark high impact news probably...
Beginners better take practice in demo account. They need to know how the market works and build strategy as well to handle complexities. Not necessary to rush by jump trading in live account. Patient and make sure first that beginners able to generate consistency in demo account. Before decide...
Since the risk is very high, traders will suffering margin call easily when they are trade without proper risk management plan. Traders can get profit all the time though use the best strategy, if traders doesn’t manage capital properly or have no proper risk management plan, they’ll losing high...
Well, my family give me support since trading make me stay at home and keep busy. Moreover I have chance to generate profit. Though I am not get support in term of fund to trading. I need to search the fund by my own and the way is by keep active posting in forum which offering reward posting.
Zulutrade offering trading signals. There traders can conduct copy trading and following expert in order to make profit. That is surely advantage. However, just copy trading won’t make traders growing in term of skills and knowledge. Than conduct copy trading, better if traders focus in practice...
Don’t become a big problem if market offering opportunity still. Sometimes, momentum market move beyond our prediction, we have extra profit and why we are not accept it. It benefit because market give us chance to get more. That is why I am never set a target. In order to get maximum profit...