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  1. budado

    Tips for beginners to learn forex

    Theirs a lot of forex learning sites right now that we can visit. Just google it and try to practice what you learn. Forelx trading is actually about practice. The more we practice the more we can end up making some good income in here.
  2. budado

    what would you do if you lost?

    We do experience loses from time to time. But as long we end up in profit within a week for me that is just fine. I do make some loses also. But I make sure that I can earn it back in matter of one week only.
  3. budado

    Risk Management In Forex (II)

    The scope of risk management is leverage, trading pairs and lot size. If we understand this three we going to know how the free margin is computed. In this way we know if we open a lot size what will going to be our free margin after that.
  4. budado

    Do you feel forex is good business.

    True. But I guess if you have 10,000 dollars or more trading capital its good to concentrate in forex trading. My plan though is to open my own computer shop and trade in their. But That's if if I already have 10,000 dollars minimum trading capital and expecting to earn 500 dollars a month.
  5. budado

    How to protect a small capital amount in forex?

    In that case check the free margin. I do recommend 500% free margin as safe zone if you do short term trading and 1000% free margin for long term trading. If my account is less than 200% free margin its already a big no no for me and I do defensive trading. In short I cut my loses to make sure...
  6. budado

    A way of winnig huge profits.

    Good strategy and good analysis and good trading capital. This three is the base of our trading profession. If we have some weaknesses in one of this we going to have hard time earning. That's why I prefer to have 10,000 dollars trading capital and have good analysis and do hedging as my strategy.
  7. budado

    which things and software are require for trading in Forex??

    So what is the connection of your post to this thread? This thread is about software used in forex trading and its not about if we know how to trade or not. I think its must best if we discuss things that in the scope and limitation of the threads we are in. Anyway so far all of the platform...
  8. budado

    Diversification beside forex as your goals in investment

    My first goal is to have 10,000 dollars trading capital in forex and earn 500 dollars minimum each month. My second goal is to have 100,000 dollars and earn 5,000 dollars a month. After that I guess I'm going to diversify to earn more and same time don't take too much risk.
  9. budado

    experience will complement the knowledge we have

    Experience is what turn our knowledge into skills. That's why we need to practice in order to make good income in forex trading. Right now my idea is to make sure that I can handle my trading account and become a rich trader. I'm so tired and sick of losing money before so I'm hoping to succeed...
  10. budado

    Trying to forecast forex rates is an acquired skill

    We must focus on doing analysis. Theirs fundamental and technical analysis that we can use. I do advice that we use both of this analysis to have a much better result. I do earn using this both analysis and I'm happy that some how I do earn money.
  11. budado

    How Often Do Professional Forex Traders Actually Trade?

    Its very important for professional trader to trade each day. This is how they earn money. The more they invest in forex the more they earn and they have some objective to make and profit to deal with. I'm so sure we can all become a lucky trader some day if we pursue our trading career.
  12. budado

    Forex give me money and status

    Right now its not yet give me status and money. But I do hope that it can help me have one. If I can earn 1000 dollars a month then for me its a good status to say I'm a forex trader. Earning 1,000 dollars a month is really a good money.
  13. budado

    Stop Loss & Take Profit

    Stop loss is good to minimize our loses and take profit is good to get our profit. But make sure that we have good entry point. Because if not theirs a big chance that we will get SL instead of TP. That's why its always good to open a position in near support or resistance level.
  14. budado

    Pre-planned or Instant strategy in Forex market

    Its good if we do daily and weekly analysis. Weekly analysis so that we will know what trends to follow for a week period. Daily to make sure that theirs still no reversal coming in. In this way we can position ourselves before we start trading.
  15. budado

    cyprus forex brokers

    I guess its because theirs a lot of good semi-regulated forex broker sites in Cyprus. I say semi-regulated. Its because they are regulated by local regulatory board and not by international regulatory board. But since its regulated locally it some how safe enough to invest but not strict enough...
  16. budado

    InstaForex - InstaForex.com

    Okay can you give me the details on the problem? So far I do withdraw using neteller and theirs no problem right now. After I ask instaforex for explanation why they split my withdrawals into two. And how can I have problem in neteller when I receive 100% of the funds sends to my neteller...
  17. budado

    LiteFinance - litefinance.com

    My advice is to add another trading account. One account you use in forum and one account you use in personal trading. This is for me the best way to have both worlds. But make sure that you add trading accounts and not join or open twice okay.
  18. budado

    can i make Forex my source of income ?

    Right now I make forex trading as my source of investments and income. Although I only earn about 100 dollars a month right now I really need to make sure that I can survive and make bigger profit in here. So in two to three years time I want to have big profit in here on regular basis.
  19. budado

    Should you have at least 2 brokers?

    I already have 5 active forex broker right now and my dream is to have minimum of 1,000 dollars on each trading account. I do hope that I can achieve this soon. In one account I only have 20 dollars trading capital and its a lite account so I can't trade. I do need to have more paypal capital...
  20. budado

    What was difficult to learn forex?

    Its difficult to start learning in forex trading. But once you start learning some how you can end up making good profit in forex trading. This is the main reason why its very important to continue learning even if you feel tired trying to learn how to trade.
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