Many new traders after 6 months of trading dont even come close to breaking even with what they first invested! How often do you make money in Forex? Do you even actually see your account grow at...
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Many new traders after 6 months of trading dont even come close to breaking even with what they first invested! How often do you make money in Forex? Do you even actually see your account grow at...
BB is a good tool for a trader which helps in arriving at a good decision to trade, it clearly shows the condition of the market within a range. BB in combination with stochasitc and RSI can give a...
Those who are positive and knows the potential of this business will never leave this business in spite of numerous setbacks. The failures are just the test of his patience and will power. If he...
i agree with your opinion, its always better to buy gold then to sell. because the movement of gold is uptrend most of the times and as i have said earlier also the downtrend is generally short....
Demo is useful for testing purposes. and it is used to teach a beginner know how to place and close a trade, set trails stop etc. But if one continue to learn forex trading using the demo accounts...
Its possible to trade without any indicators also. But we all know indicators are our tools to make good decisions in trading, so it will be difficult to arrive at good decision to open or close a...
Yeah a positive frame of mind is very essential to do good trading. But in spite of our best efforts to do good trading, there will be loses also. And what is important is we should be able to accept...
because they also have experience in various market conditions so they are very confident in their ability to see the movement of the market from a variety of conditions that exist
ya to become successfull person in any field you must be hard worker.if you dont do hard work in forex then it will be difficult for you to get success in it
demo is meant for testing purposes and to show a newbie how trading is done. Though it can be used as a medium to learn trading, it lacks certain vital factors which greatly influence trading. so its...
forex is a game of minds. so i dont thing courage is a requirement here. One needs a good analysis and understanding of the market and and trade with confidence based on his analysis. And thats the...
right margin call will kill the account very easily if one trades with big lot size. thats why MM rules should be given due importance by the traders. we should not risk more than 2% on a position if...
Yeah i agree with you opinion. There is no secret no to win big in this business. Its the hard work that we do that will give us the good results. Depending on our capabilities is the only option to...
i guessed you have analyzed for your mistakes well. And try not to repeat the same mistakes and i can say with confidence that the same scenario will come to you again and before deciding your course...
That is called the emotion factor. aggressiveness comes from greed which will make you to open many positions and with big lot sizes to gain more which is not the correct way to trade, it will...
absolutely right. with virtual money demo is just a game for the beginners and they cant take it seriously, so when they trade in a real account they could not handle the pressure and blow their...
yeah entering/opening a position at the right time is very important, when we enter a position early in a trend we will get more profits and if we enter late we may not have good profit or even loss...
Age will not be a big factor to trade in Forex. Even an eighty year old can trade if he have the techniques and understanding of the market. And i believe there are many traders who are more than 50...
Both should go hand in hand. we should use both in our trading. fundamental analysis are the drivers and the technical analysis corrects the trade for us. If we are able to harness the powers of...
Well said due, A winning attitude comes from positive thinking. Win and loss occurs all the time in all business and even ion our lives also. What the winners do is, they take the loss/failures as...
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