Search results

By set TP and SL, traders make their trades become automatic. They can leave the chart and do other thing and not necessary to monitoring the trades. Set TP mean traders have specific target in trading. While set SL enabling traders to prevent the capital going to get high reduce if they are...

Well, this business open for everyone. Though they are students or workers, have chance to involve in this business. Its due to market open for full 24 hours. Though such traders have day activities, they can spend the night time to trading. They can take long term approach which doesn’t require...

Not advisable to traders invest high amount of money while they are have lack still in terms of knowledge and experience. Become a good trader is a matter of how long we are spend the time to practice and trading. If traders have few hours trading experience only, better to them to use small...

Trading and make profits is not easy task. Without spend the time and effort previously in learning, traders have no chance to perform proper trading. Many people fail in this business and few only able to survive and succeed. If want to get easiness and achieve successful level, no doubt that...

Any trader have the same chance to make profit and even in consistent way if they are have good trading skills and knowledge. Traders can point out the trend and determine good entry level. If traders have no sufficient skills and knowledge, they’ll unable to gain profits in trading.

If traders still in learning phase, practice in live account with bonus money will make traders to lose nothing when they are suffering margin call. However, use the bonus doesn’t always explain that traders learning still. There are many traders use the bonus money because have lack of capital.

Loss result make traders disappoint. However, the way traders react with the loss determine whether traders will going to get further loss, or they are able to recover previous loss. If traders remain calm though disappoint, and discipline with strategy rules, they can avoid to get further loss...

Well, I am still prefer to trade in forex trading. Since it enabling me to open positions as long as I want. No time limit and I can wait floating loss positions turn to profit. Moreover, technical analysis tool available in forex. While it doesn’t available in binary option.

If traders are want to riding the trend, they can open positions whenever they want as long as trend momentum not exhausted yet. But if traders want to maximize the profit potential, they should select the good entry point and couldn’t trade whenever they want.

Its true that one proven good strategy better than traders trade with many strategies. Though market changes in situations, doesn’t mean that traders should use different strategies. As long as traders patient and waiting good entry setup appear, less chance to traders end up with loss result.

Working hard in learning required if traders want to achieve successful level. No one able to become profitable trader overnight. All traders require to pass learning period in order to make themselves knowledgeable and skilled. If traders have no knowledge to analyze the market, surely they’ll...

I like the fact that forex is very flexible. Besides offering high income, flexibility make traders can trade whenever and wherever they want. Its due to the market open for full 24 hours and require internet connection only to access live market and trading account.

Basically, no restiction in term of age to join forex trading. As far as traders able to verify their account, have no problem to them to start trading. However, people under 18 years old usually still busy with school activities. If they are decide to trading, possibly their school activities...

At least, we should know how to point out market trend, point out whether the movement is retracement or reversal, and point out good entry level. When traders observe the market during practice, they’ll have chance to have basic knowledge to enabling them conduct proper analysis.

Many activities we can do while we are monitoring trades or waiting our target being hit. Such as reading book, listening music, watch TV, movies and even doing activities which make additional income. Such as posting in forex forums.

Obviously that forex is difficult. No one able to become profitable without spend long period in learning. Many traders failure and always losing money because unable yet to found good method which lead them to trade effectively. Require persistency and willingness to not give up if traders want...

Pips is fraction of price movement. The pips value could be different depend on how high the lot traders use to trading. If traders use high lot size, mean the value per pips point will going to be high. While if traders use small lot size, per pips profit will be small.

Traders can use big lot size but it happen when they are sure only with market situations. But if traders doubt, they should use the risk which not exceed from risk tolerance. Traders skills in manage the risk make them to survive and even able to make capital going to increase.

Being discipline in trading necessary. Traders can’t let emotions distract their decisions. As far as traders stick with trading rules, strategy and risk management plan. They could avoid to involving emotions in make trading decisions

No doubt that demo account effective. Traders could peform practice calmly since no real risk involve there. Traders use virtual money which every loss, make traders to loss nothing. Traders can make mistakes and bad trades as many as possible. And take the lesson to enabling them to improve in...