They are professional trader. So we are sure they are working in a big financial institutions or big banks. They are surely have an eight hours working time like a regular employee. Unlike forex market that is 24 hours. Forex professional traders do works in shift.
I'm in forex trading right now for two reason. One is that I can earn money. Second is that I really love forex trading. This is the main reason why I focus on making good money in forex. Because I'm not only here to earn money. I'm also in here to enjoy forex trading as a hobby.
Why use the previous support and resistance level? I totally don't advice this. Its good to use updated support and resistance level and not the previous one. Because if theirs a breakout then chance are you going to get loses. Always trade with updated analysis. I do analysis twice a day...
The big question right now is what is forex rate? Forex is foreign exchange and theirs a lot of pairs to trade. So its either that forex rate is the price movements or the interest rate? Right now I do trade New Zealand and Australian dollars for one reason. Its swap interest rate is profitable...
Its up to you if you want to live your life in demo account. The point is that what is demo account for you? What the point and reason why you are using demo account in the first place? If you think you are still in need for demo then use demo.
I don't see any reason why a newbies must not trade full time. I do trade in forex for long time now and one thing I learn is that it does not matter if you are newbies or veteran trader. You need to trade your strategy. If you trade long term then trade long term even if you are a newbies.
Its one of my inspiration. I see someone post proof of payments and I join and trade in forex again and now I'm some how making some good income. My point is that in forex trading we need to take risk if we want to earn money.
I already quit my job and now I'm building my career in forex trading. My plan for this year is to have 10 forex broker site join and invested in. And I also do hope to have 20 trading accounts total. I'm really excited to see myself becoming a successful trader some day.
My suggestion is to visit babypips. This is were I started to learn how to trade. Then you can join other forums that you can earn bonus funds that you can use to trade. That's how I started in forex trading and now I'm building my trading account.
Time frame is time frame. So I really don't see any danger in here. Its like we just zoom in and zoom out the chart. If we going to use lower time frame then we zoom in the chart if we going to use higher time frame then we zoom out the chart.
Over confident is really going to be my down fall. Right now I'm really expanding very fast and my trading account is getting stretch out. I do hope that once I have 10 active broker sites and 20 active trading account I can some how earn at least 500 dollars a month.
I'm really excited to trade in here soon. I'm just waiting for my funds in one of its forums to reach 50 dollars at least before I'm going to request cashout and trade in this broker site. I will just going to add more funds once I have more of my own money.
I do trading and analysis in the morning and in the evening. In between I do post in ptp forums. I do really like to make good income in forex trading so my main goal and objective is really to earn great amount of money online.
Stop loss can make us earn good amount of money if we know how to use it. Some people thing that if we get SL we end up losing. But proper way to use SL can also make us earn money still. For example if you have gain 50 pips profit already and your analysis say that it can go up to 100 pips. You...
We don't need courage in forex trading. What we need is trading skills. Once we know how to trade even a puppy has courage to trade in forex. its because he knows that if we trade he has a better chance to make some good profit.
Forex trading is an opportunity. In fact I do advice poor people to start trading in forex. Its just matter of few months or few years and you will really make big income in here. I do know that many don't feel that they can make big money in forex trading. I do make good trade and I do make...
I don't have a pair that I don't like. All he pairs has potential to make profit regardless if its major pairs or exotic pairs. What I do is just do analysis and find the best pair to trade for a week or even months. A two years ago I'm a vivid fan of eur/usd. Last year I love to trade Yen pairs...
Just put three category in your broker site. One is that its regulated and the other one its ptp sponsored forex. Usually its semi regulated or not regulated at all and the last one is scam forex broker site. I do invest and trade long term in regulated one and I do aggressive and don't really...
I have one account that is 1:50 in oanda and 1:500 in FBS. In oanda that's the biggest I can use in term of leverage. In FBS that's the smallest leverage I can use. Its really frustrating that I can only use 1:50 maximum and same time its frustrating that I can only use 1:500 leverage minimum...
If you do analysis then you will be sure if the trend is going lower or higher. Its good to know the support and resistance of the day. Theirs three support and three resistance level. Depends on your trading appetite you can make good income trading daily using scalping. Just don't open...