I think still needed to traders practice in live account too with small deposit only to learn and feel right away about psychology trading. it due to that manage real account with real money have different taste that if we manage virtual account with virtual money only. by practice in real...
in many cases, traders come up with financial problem and decide to involve in forex trading because see that forex trading potentially will solve all of their problem regarding with money. its very true but forex is also risky field and we need to put out all of our best to become success here.
managing low capital more difficult for sure than managing high capital. its due to traders only have low margin to overcome loss while if managing high capital, traders account still safe even though suffer some consecutive loss. in other word, more easy to set risk and money management plan if...
besides you can check the price live in many of financial site, you can also see it self in your trading platform if your broker provide gold trading pair. usually the gold price will be compared with US currency only and rarely broker that provide gold platform compared with other currencies.
nice to know that the broker have no requote execution and its important especially for short term and scalper traders because they usually act and react quickly in make and close order. by the way, the broker also offering low widespread rate and it mean, this forex broker is really suitable...
this broker site seems suitable for retail traders that have no high capital because offering high leverage ratio and low margin per order for mini account. its possible to manage small amount of money become increase because traders have chance to applies tight risk management plan.
just visited the site and found that this forex broker have many branch company and all of them move in currency trading field. I don't know the reason why they have branch company with different name of company but I guess that previously their branch company is not their company and because...
UWCFX now have new name and to be honest, I know it just past few days ago. the site and company logo also seems new and nice. I am registered at the broker when the name is still UWCFX, due to the new name and site script, are my account still active even though has been past few month my...
past few post in this thread is really interesting and even though I am not follow it since beginning, I know that its serious problem and ProTrader tried to share his disappointment to us all member of this forum. I am sympathy to you protrader and I hope you are not give up to seek clarity by...
all broker maybe will be paying to traders but not all of them that will be guarantee to paying till hundred thousand and even million. only some brokers that able to do that and in this case, we need to be careful if willing to make deposit with high amount. and if small deposit only and...
still, high profit is better than low profit. but maybe that the thread starter mean is we need to keep our logical and expectation remain in balance and not become greedy psychologically. if only have small amount capital, not reasonable if expect to get high profit in a day and if know...
scalping and short term trading style is the most difficult than long term or investing approach. traders need to stay in front of trading platform and take execution order with high response. focus is needed and maybe psychologically, the stress tension will become high.
yes, knowledge and experience is important to lead traders become success and to gain that, maybe will take long period and long process. beginner should patient in this process and keep persistence no matter what the difficulties that maybe appear.
to generate earning in daily basis maybe difficult because the pattern move not always straight to the trend accordingly and it will make us not always get profit in a day. but if count the profit in weekly or monthly basis, maybe we will found more consistent result in earning profit.
small capital can't generate high amount of profit and to make it become growing, traders should patient and keep stick with their money management plan. logical approach and not greedy is really important in this matter and if traders force to chase high profit in one order only, maybe will...
yes, capital is needed in order to work in forex trading and generate profit. without having capital, traders will generate nothing and its make capital become important component to get involve in forex trading. for traders who still reluctant to make deposit with their own money, can take...
so the new name of UWC is mayzus. really glad to know this information because has been so long I am not visit the uwc site even though I am one of member this broker. if mayzus is uwc, I agree that this broker is good and even being regulated in 2 different country. Cyprus and UK if I am not wrong.
thanks for the link and I agree with you that for traders who willing to invest till thousands, choosing trustworthy broker is really serious thing and according to me, brokers popularity is not enough to measuring the brokers reliability. the broker also should being regulated and have many...
because the complexity, make currency trading become not easy and good knowledge and experienced needed to overcome it. if trading is so easy, many traders already success now and the percentage become 90% of winning traders and 10% of loosing traders. but unfortunately the statistic still shows...
working hard maybe only applies for beginner traders because they need it to become knowledgeable and experienced. but for professional traders that already pass the basic learning stage, maybe the work hard term become work effectively and efficiently term.