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  1. budado

    Is forex is gambling ?

    Just to make it simple. When we gamble we rely on luck, chance and probability. But when we trade we rely on our analysis. Now its not a question if forex is a gamble or not. Since we can all loss money in forex trading. But what make good in forex trading is if we know how to do analysis we can...
  2. budado

    Newbie should not trade full time

    Its really not about long term or short term trade. Its about how good we are in basics forex trading. When I was a newbies its took me three months to make profit trading long term. But its took me a year trading scalping to make some profit. So I learn and earn faster in long term trade than...
  3. budado

    Dont be overconfident in Forex.

    I'm again walking in wire right now. I do know my mistake but I keep doing it. My mistake is over expansion. I always take too much risk increasing my lot size too much and investing too small trading capital and spread it to as many trading accounts I can have.
  4. budado

    Stop Loss & Take Profit

    Its really good earnings for all of us here in forex trading. We can make good income in here without any worries. I am sure that we can guarantee ourselves some good and successful trade once we learn how to trade properly and the basic most important thing to learn is how to use SL and TP...
  5. budado

    Long term trade for newbie

    We can us technical or fundamental or even sentimental analysis. its really does not matter if we pick one or use all. What matter is that we know how to use this to make good and accurate analysis. In the long run profit is always good if we understand what we are doing.
  6. budado

    Are you satisfied with your broker's service

    I'm happy that FBS is good for you. I am just wondering. Are you making profit in here and how much trading capital you invest in here? I do make profit in here and I have about 700 dollars total investments in my two trading accounts in here. And I don't have problem cashing out in here also...
  7. budado

    Choosing the right broker

    I have a PAMM account and its already 5 years old. But I decided to make it my personal account after LR when down months or two years more or less ago. Although I found out that once you convert your personal account to PAMM account you can't turn it back to personal trading account. I just not...
  8. budado

    Do you feel comfortable with a new broker

    I just invested in my 11th brokerage and that is avatrade. I have some disappointments in here but I will try to maintain my two trading accounts that I open in here. The spread is some how high and its take 24 hours for deposit to appear and one week waiting period for withdrawals. But since...
  9. budado

    How to protect a small capital amount in forex?

    Try to compute the monthly volatility and try to check if your existing open position can survive or not. If not then its like you are playing with Russian roulette. Its more on a gamble than trading or do or die attitude. Although me I have accounts that has daily margin call probability. I do...
  10. budado

    Do you get financial freedom by trading in Forex?

    Right now I hardly feel my profit in forex trading. Since even though I do make profit I am not contented so what I am doing is I invest back and take more risk. Although Its very dangerous I am hoping that I am making good money in forex trading by focusing on having more and more knowledge on...
  11. budado

    Tips for beginners to learn forex

    Actually if we are hungry to learn then time does not matter at all. I buy forex trading books. I practice both in demo and in real account and for me back then my main focus is to check if what I have learn is helpful and profitable or not. Or if I even understand the risk that I am taking...
  12. budado

    Risk Management In Forex (II)

    Risk management is done before we open any position. After we do analysis then that's the time we do risk management. Base on the data we get from our analysis. In risk management we can understand the best scenario for our trade. That's why its called risk management. Balancing between...
  13. budado

    what would you do if you lost?

    Since I am trading a lot of trading accounts in different broker sites I really need to monitor my accounts. Right now I have two trading accounts that is critical. Meaning I can get Margin call within the daily volatility range. Theirs six accounts that I can get margin call base on a week...
  14. budado

    what do you think from strategy without stop loss?

    Its really important that we understand first how to use SL properly. I do recommend that we use SL if we going to trade. But theirs some trading strategy that those not requires SL. Like averaging and hedging. But we must also need to understand when to use this strategy. Because even if we use...
  15. budado

    InstaForex | unauthorized withdrawal Warning

    I already have 23 trading accounts in here and have more than 15,000 dollars bonus funds and investment trading capital total balance and I am getting paid each month. Yes its has a scam mark in FPA. But FPA is just a site and not a regulated forex trading body.
  16. budado

    Do Robot helps us to earn good in forex?

    Yes bots are program. That's why we need to learn first how to use a bot properly before we going to use it. We also need to learn how to trade properly before using bots. Since bots are tools and not trader's replacement. Its like automating our trade. So if we don't know how to trade then even...
  17. budado

    How To Start Forex Trading?

    If we really want to take forex trading seriously then its good to invest in real lesson. Invest time and effort in learning how to trade properly. I am sure in two to three months after you enroll in forex trading short courses you will see your account growing and earning stable.
  18. budado

    Long term trade for newbie

    We must learn how to do analysis, risk and money management and then different type of strategy. In this way we will know how to trade in forex regardless if we going to trade long term or short term. In fact its much better if we trade base on opportunity that will come not base on strategy but...
  19. budado

    Fear is big in new traders

    First investment we all are excited. We have high h0pes that we end up in profit. But as time pass we get stop out and realize that forex trading is hard. Then we started to think that forex trading is no good at all and we fear that we going to loss money in here.
  20. budado

    Is demo trading valuable?

    We can practice in demo account without worrying that we going to loss money in here. But we can learn a lot in here. I do know that forex trading is really risky so its very important that we focus on learning and then earning in here.
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