And worse many don't even know what is risk management in forex trading is. They simply will say that risk management is managing risk. But ask them in details what is the scope and limitations of risk management and they can't answer you. So how can they implement if they don't know what is...
Even if you trade in demo account its does not mean you can do it in real account. Especially since in demo account you are trading with thousand of dollars virtual funds while in real account you can only invest few dollars in here. So in free margin alone you will see that its hard to make...
How long do you trade using hedging strategy? Its good that you make profit using hedging strategy. I do use hedging strategy also and I make good and constant profit each month. I do hope that you can post your proof that you are making profit in hotforex also to prove that hedging is really...
Its really good if we know how to do programming. But even with limited knowledge as long we understand what kind of bot we have we can some how make good with the bots that we have. For example if you have scalping bots so you know what to expect and how to operate that bot properly.
You make deposit in demo account? for my five years in forex trading and joining as many as fifty forex broker sites its the first time that I hear that we can make deposit in demo account. lols.
Actually forex trading is easy. Many just too lazy to study forex trading properly and many actually don't believe that they can actually become a successful trader and this is the main reason why they fail in forex trading. Not because its hard in forex trading.
Why is their a false ECN trading platform? Its good if you make profit in forex trading. I do hope others will also. I do know a lot of people tried but failed in forex trading. Luckily I make 250 dollars a month right now and still growing my trading accounts. In the long run I can say money...
And that's why I am asking why its best for you? As you said its base on your experience. So what experience you have in fbs that is so great? I already have two trading accounts in here and my plan is to have 10 trading accounts with total of 10,000 dollars trading capital. But still I don't...
I think the question is best answer if we going to say how much we earn in forex trading each day. I do compute my earning per month and on average I do earn 250 dollars a month. Now I can say that I do earn about 8 dollars per day in forex trading.
First of all forex is not even a business. So its really unpredictable if we don't even know what we are doing in forex trading to start with. If we learn what is forex trading nature is then we will know how to make profit in here then its going to become predictable.
Forex trading is actually a form of investments and not a business. You can say its a business if you have service offered and clients or customers. Its absent in forex trading. Also its not a job since we don't have a boss in here.
I make money in forex trading so that's the main reason why I prefer to invest my time and effort in forex trading. If I can find other means and ways to earn more then I will try to earn in that also. So far making 250 dollars a month in forex trading is really helpful for me.
I'm now focus in trading in instaforex and in mayzus. So far I am satisfied with my instaforex as my broker site. At the same time I do try to expand my trading accounts in mayzus. My plan is to have 10,000 dollars trading capital in each broker site. I already achieve that in instaforex and I...
I do both fundamental and technical analysis. Indicators are really helpful if we understand what the use of it to start with. So its beset that we first study the indicators that we use especially the formula involve to have a clear knowledge on what is indicators are.
First of all forex trading is not a job its an investment. If you think forex trading is a job then who is your employer? Unless you are trading for a bank and get paid hourly for that then its a job. But if you invest money and trade in forex then you are an investors wanting to trade in forex.
I trade gold right now. I have only one position in gold that I hold. I am thinking that its like doing some buy and sell of gold online. So I really don't mind buying gold and holding gold position. I do hope that in the long run I can become a rich trader because of this.
I just want to make some clear statement. What kind of loss are we taking about? Is it loss per trading position? Or loss in daily trade? Or weekly trade or monthly trade? I do believe that professional trader do incur loss per trade but over all at the end of the day I am sure they can earn...
I don't know were did you get the figure that 80% of traders uses mt4. Mt4 is a poor traders trading platform. If you invest in a regulated brokerage with minimum of thousand dollars trading investments you will hardly see mt4 as trading platform. Now compare mt4 to mt5. I don't find any...
Fear is a sign that we still not mature enough to trade. We still lack trading skills and confidence to become a successful trader and usually we end up losing money in forex trading. But even if we know how to trade if we are newbies we still going to feel fear. That's normal since we are still...
I am a gambler and trader and I can say gambling does not just rely on luck. Look at professional traders how they trade. they do a lot of analysis and research. Look at professional gambler they do the same. Being a gambler or being a trader its only going to be profitable if you do research.