In forex trading you don't just put some figures and target it. You are earning in forex base on market volatility. So if the market is volatile you can earn more if the market is trading side way then you can earn modest earning. Don't fool yourselves in making some good income without any basis.
Usually our approach is. the more we trade in demo account the more we don't feel any threat to our account because no matter what will going to happen we going to loss virtual funds only. But if we trade in real account only even if we are losing few cents we already feel the pressure.
First step is find a good forex ptp forum that you can post and earn bonus funds that you can use to trade. Second is try to open a demo and a real account. In demo account you practice while the real account is were you going to put your bonus funds.
We need to understand first the effect of that news in order to follow it. Because if we don't know the effect of that news then theirs no way we can follow that news. That's why its best if we study fundamental analysis to know more about news trading.
Its always good if we do understand our forex trading bots. The more we know about its strength and weakness the more we can make good income in forex trading. I do believe I can handle my trading account and become a rich trader if I have a good bot also.
Risk management is not a plan. Its a form of management., We don't do anything in here but understand the risk involve around the leverage, lot size and pairs that we are trading. Risk management does not teach you on how to trade. Its teach you the risk percentage.
I have 10 trading accounts in here and until now I don't have any problem in here that I don't solve. So I'm happy with my accounts in here. In fact my plan is to have 100,000 dollars trading capital in here. This is my goal in here.
I'm just wondering what is the name of the pamm account you invest in here? That's amount is really good amount and I do hope that I can either copy its way to make good profit or at least learn how he do it and hope that I can adopt it to my own strategy also. Making money is really good in...
I have two positions open in here right now. Its all buy position of aud/usd. As long its can hold the 0.9200 price range I will not going to get MC. I do hope that it can bounce back to .9400 in here. Since the position I open is close to 0.9400 level.
Their three ways to make a good living in forex trading. One is we trade ourselves and make profit and run a PAMM account and get more investors. Second we invest our time and effort learning which pamm account is stable and invest in their instead of trading ourselves and the last is open an...
I don't see any problem with that. As long that forex broker site become stable. I'm so sure that as long a forex broker site can turn their ecurrency and processors to cash and put it in the bank right away I'm sure we can all make good income in forex trading.
Actually the longer you trade in forex the more you can make good profit and the more your mind set become stable. I'm really an emotional type of person and in the long run I do end up getting stress out. But once I started to make money some how I did not feel any stress anymore.
Its very rare for a country to get bankrupt and if ever it does they still need to pay it one way or another. So in short countries are still the best and most stable way to invest money. Since its always have economy to depend on.
My first choice are forex broker sites that has paying forums that I can use to trade in forex. The second step is to find a regulated forex broker site. Right now I'm in the second stage. I'm looking for a stable and regulated forex broker site.
Its difficult to start learning forex trading because we are not familiar with it. But the more we trade the more we can end up making good profit. In the long run I can say we can enjoy forex trading once we know how to trade.
Commodity do have some usage but bitcoin don't. You can't eat it or hold it. Its just an electronic records and not a physical thing that we can keep. So its not a commodity. Since commodity is things that we can use on our daily lifes.
Demo trading is were we going to make some good income. I'm so sure that we can become a big time trade once we are good. That's why its very important that we practice in demo account. I'm so sure that the more you trade the more you can see your improvements.
I have now 5 forex broker sites that is active right now. The main reason why I keep on adding more forex broker sites in my list is to make sure that I diversify my investments. So even if one going to go down at least I still have others to make me earn money. My main goal is really to have 10...
I do make big loses and worse mc once over confident kicks in. In fact for me over confidence is more risky than greed itself. Since when we are confident we don't feel that we going to loss even though the risk we are taking is already too big.
It does if you are trading in forex. Now its either you going to hold and wait or close your position and cut loses. Since you can't open another position to take advantage of profitable opportunity as you can't close that position unless you close the first position that is in negative.