are you happy with forex?

[hadg33]

Well like i have said,i am still happy with forex though i have not been trading,i would have started trading a long time but i don't have a laptop or a PC,i heard the MT4 platform works on some smart phones,i am using a smartphone but i can install it,i guess people that are using pads or tablets would be able to install the MT4 or MT5.

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Well like i have said,i am still happy with forex though i have not been trading,i would have started trading a long time but i don't have a laptop or a PC,i heard the MT4 platform works on some smart phones,i am using a smartphone but i can install it,i guess people that are using pads or tablets would be able to install the MT4 or MT5.

 

[riddick09]

For few years I believe. I'm also start in Forex few years ago but then, I'm still lack of something and need of improvements. Well, then, I don't know why you are onto the Forex discussions if you are not in Forex. You should have at least interest that's why you have your response in these discussions.

 

[budado]

If more than half of your online earnings come from forex trading I guess you will be happy also. And the best part is that unlike in ptp posting that theirs a maximum amount we can earn each month unless but even if we spam a forum we can just earn the maximum. In forex trading the potential earning is limitless.

 

[monyitomon]

We always feel that we need improvement, if we still not earning some good amount of profits in here, and not consistently earning profits that we always think that it's just because of luck that's why we earned some amount in here, we still not believe of our skills and knowledge.

 

[indieover]

I would be happy if I would have developed my own effective strategy even if I would not earn well as long as I would make consistent profit regardless how small that profit is. So I would just try to develop my own strategy as well.

 

[riddick09]

You can do that. Only if you have given enough time to have practice trading and test your trading strategy. I don't doubt that you will have understand and even improve your trading when you have done it. Yet, we must have this experience in Forex trading before going on the real thing.

 

[budado]

I would be happy if I would have developed my own effective strategy even if I would not earn well as long as I would make consistent profit regardless how small that profit is. So I would just try to develop my own strategy as well.

You don't need to develop one. Just try to learn the existing basic strategy and you can start trading and earning in forex right away That's how I started in forex and that's how I make profit in forex. You don't need to be a genius to earn in forex. What you just need to do is practice.

 

[sindarin]

Happy or not , i think that is depend on the result of traders, if they have better result and gain profit in forex then i am sure 100% that they must be happy with forex but if the result is bad then they will feel not happy with forex, and will try something to change this thing.

 

[indieover]

Yeah I would just learned some basic forex strategy. So what basic forex strategy have you been using now.So for now I am looking for the basic strategy I should do and learn. So I would just try to do some practice. Anyway how long have you been practicing before you head earned and learned the strategy you have been using.

 

[budado]

I would be happy if I would have developed my own effective strategy even if I would not earn well as long as I would make consistent profit regardless how small that profit is. So I would just try to develop my own strategy as well.

My advice is don't try to develop your own strategy. Theirs a lot of strategy that we can study and adopt. I'm earning 10% to 30% profit a month and I only use basic strategy like hedging, scalping, naked trade, trend reversal strategy, averaging and even martingale. But bottom line is that its not the strategy that really make you earn money. Its having accurate analysis that makes you earn money.

 

[indieover]

My advice is don't try to develop your own strategy. Theirs a lot of strategy that we can study and adopt. I'm earning 10% to 30% profit a month and I only use basic strategy like hedging, scalping, naked trade, trend reversal strategy, averaging and even martingale. But bottom line is that its not the strategy that really make you earn money. Its having accurate analysis that makes you earn money.

so i think i would need to change my learning style and my focus. i am focusing more on strategy than learning how to analyze the market more. so i would now learn how to analyze the market i think you are referring to using the indicators to analyze the market. but i have tried to use bollinger bands but it does not seem good one to analyze the market

 

[budado]

so i think i would need to change my learning style and my focus. i am focusing more on strategy than learning how to analyze the market more. so i would now learn how to analyze the market i think you are referring to using the indicators to analyze the market. but i have tried to use bollinger bands but it does not seem good one to analyze the market

My advice join as many broker site as you can then subscribe to their daily forecast. Try to study how each broker site do their forecast. In fact just try to observe. Later on you will notice some pattern and movements and you realize that you are adopting their way of doing analysis. That's how I do it. And that's why I'm happy in forex. I do earn in forex and I enjoy doing it.

 

[indieover]

My advice join as many broker site as you can then subscribe to their daily forecast. Try to study how each broker site do their forecast. In fact just try to observe. Later on you will notice some pattern and movements and you realize that you are adopting their way of doing analysis. That's how I do it. And that's why I'm happy in forex. I do earn in forex and I enjoy doing it.

So are all the forecast in each broker are good. As like in one broker that he many different broadcast from different people in their site. Anyway I would follow your advice. So I just hope that I would be able to understand it well their broadcast and maybe try to follow their advice on my demo trading

 

[glucoseguy]

[MENTION=234]budado[/MENTION] that's a very helpful advice and tip for a forex newbie like me. I'll have to join as many forex brokers as possible then subscribe to their daily forecast and ensure that I study and observe them as that will enable me to understand how they analyze the forecasts. I haven't joined any broker as I'm still not ready to practice forex but I think I'll have to setup a Demo account soon in order to have a basic experience of forex trading

 

[sindarin]

First of all just trading if you don't want to loss your money then trade in demo account with maximum capital that you already choose. Forex could be a good place for many traders who want to earn money with relatively short time, since forex is a high risk business and give fast profit to us. Happy or not it will back to the person who trade before.

 

[glucoseguy]

I'm wondering what it takes to set up a Demo account. Is it created for free or does the forex trader pay for a demo account to be set up? Also, can a demo account be created online or must be created offline? I'm sorry for all the questions but I need to know all these so that I'll know where to start from.

 

[indieover]

Oh well I just hope I would be happy with my forex trading. But for me its not profit only that would make me happy. As long as I would learn and improve my skills that I would say that I would be happy already because I know with consistent learning that one day I would make consistent profit on my trading.

 

[akonlki231]

yes i am happy I just started trading Forex pairs and I need to be able to collect price data for the last 10 time periods (hours, days or weeks) so that I can input this information into my trading platform to give me an idea on where the price of the currency pair will move next.

 

[budado]

So are all the forecast in each broker are good. As like in one broker that he many different broadcast from different people in their site. Anyway I would follow your advice. So I just hope that I would be able to understand it well their broadcast and maybe try to follow their advice on my demo trading

Try to compare each broker site forecast and always look at the date when that forecast has been made. Sometimes if not all the time broker site forecast that is free are one day old. So always check the charts they are using to know when that forecast has been made. Also its not the result of forecast that is important but how did they do that forecast is what is important as you can mimic how they do their forecast and do your own updated forecast.

 

[rizal83]

I would feel happy if I can generate consistent profits from forex trading that I do every day, but at this point I was feeling pretty happy, because I've been able to consistently generate daily profits despite the low profits and the profits that have been I'll get use to improve my trading capital I have, so I can generate daily profits greater than forex trading