because my listening skill in english is really poor, I choose to learn by reading. its more easy and understandable than I should learn by watch and listen tutorial video. rather than download many tutorial video as my learning source and material, I am prefer to download e-book or buy book.
probably its better if we are start to have one trading strategy and practice with it till we are mastering it. many trader tend to change their strategy right away when they found that the strategy not working well. they are believe that perfect trading strategy is exist and it lead them to...
we need to deal with future uncertainty, so we need to prepare when something unexpected happen. that is why we need to have a back up fund. and when we got profit from trading, important if we are withdraw some of our profit and not use all of them to trading even though with it, probably we...
I am not use stop loss order and choose to use cut loss because its my strategy. its better option for me since I trade based on general pattern of price movement, and not deal with volatility. when I see the market have confirmation to move against my position, I will close position right away...
when we are not get used to loss previously, or we are risking too much margin when trading, can be sure it will make us become fear and anxious during trading. but when we trade by keep discipline with our trading strategy and risk management rule, I am sure we will keep always calm no matter...
make forex the only source of income meant trader become profitable already. and the monthly income from trading is probably more than enough for their necessity. but if we are still struggle and unable to make profit from market consistently, probably not advisable if want to make forex the...
yes, the key point is practice. even though we have good trading strategy already, we cannot make it work properly if previously we are not take our time to understand the strategy through practice. entry and exit from market is easy but figuring out when the good time to entry and exit is the...
being overconfident will bring trader become careless and often, it lead trader make wrong trading decision. I don't know whether it in term of open position or in decide to use margin per order. being overconfident also make us tend to become not aware anymore that the market is unpredictable...
preparing plan for learning in order to sharpen trader skill and search the best trading strategy is better for me rather than trader choose to rely on signal, expert advisor or other thing that help them get instant result even though they are not preparing themselves with proper learning.
for trader own sake, better if they are take little research before they decide in which brokers they will work with. being regulated is the first important consideration if traders choose safety. after that, trader can see other factor as consideration such as brokers popularity spread, bonus...
probably trader can make small amount of capital increase, but it will takes time to see it growing high. more easy and get satisfy amount of profit if trader trades with high amount of capital. because can use higher margin per trade. so, if have small amount of capital only in our deposit...
many people expect to get huge income from forex market because they are able to offering it. but to say that we can able to become rich overnight is too much. moreover, if we are still have lack of skill and capital. can be sure that we cannot expect high in term of gain. due to learning issue...
Depending of your confidence in skill. if you are expert already and proven reliable in manage your account, invest all of your money will help you increase your capital faster. but probably still important to save some money because sometimes, unexpected worst circumstances can be happen and we...
struggle trader understand that they can make forex as their main source of income. but they are still unable to do it yet because lack of knowledge and experience. but they are not quit and keep insist to trading because they are know, as far as they are keep learning, sooner or later they will...
beginner better start trading in demo account to get knowledge about market circumstances and make better judgment. and after their skill improve and found suitable strategy and even proven reliable. they can start to practice about psychology trading in real account with little capital.
yes, select the book that suitable with our need is priority. so, measuring ourselves in learning level is important to figuring out which book that useful to us and which is that we need to buy later. it will save our spend in money and time. but there's free way to get good knowledge without...
Failure that I get because being overconfident is seriously my concern right now. market teach me that being overconfident won't make my capital growing and instead, lead me to suffering margin call. for now, I always trade by stick with risk management plan and don't want to playing around again.
serious big trader will take pay attention to the fund security first rather than considering other else such as bonus, leverage and spread. its important because they will trade with high amount of money and they need assurance that brokers able to paying and keep make their money being safe.
someone will need equipment to access meta trader or other trading platform to trade and monitoring the price. this is first condition if want to involve in forex trading business. second is trading skill where its the only way to enabling trader generate consistent profit result from forex market.
if see the statistic of trading contest, I am really surprise when found that trader in first position able to generate more than 1000 pips in a week. even though they are probably use basket trading method and trade with many pair. that achievement is still insane. if they are that good, surely...