i full agree wiith u and would like to thank you for the useful post. self discipline is the key to success not only in forex trading but in all other activities in life. without discpline one is...
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i full agree wiith u and would like to thank you for the useful post. self discipline is the key to success not only in forex trading but in all other activities in life. without discpline one is...
i think forex trading is for people with perseverance. you should not loose faith in yourself when u loose in trading. u should have the belief that you will be successful in trading soon and learn...
if i make a profit of 100 dollars i will definitely withdraw the profit and start trading again with my standing capital to try and make another 100. knowing that i have a profit kept aside will give...
i think that depends on the trading style. if u are scalping then using the 5min chart as the main chart and 1min and 15min charts to supplemnt the information. if u are a long time trader then daily...
i would prefer to use the candlestick chart. i feel most comfortable using the candlestick chart because it gives me the information that i need to decide on a trade in an instant and its easy to see...
i keep my self motivated by saying to myself that one day i can earn a lot through forex trading. and i learn from the mistakes i made and keep learning about forex and trying to formulate new...
thanks a lot for the post. you have touched upon an area where most people overlook. you are very true a stable internet connection and a good power supply is essential for forex trading as it is a...
No. you don't need to be a mathematician to trade in forex. all u need to do is to get a basic idea what forex trading is and gain some experience in trading in the demo account and then when u have...
well, i only do forex trading for a online money making system. therefore i cannot comment on how forex influences your on line money making skills but i can tell u that forex trading has helped to...
my opinion is that one should stick to one or two indicators which one feels gives the best information regarding the market movement. when u have one or two indicators u will become familiar with...
in my mind i think that you can make 50% of your trading capital easily unless u have a very big capital. i managed to improve my trading capital by 100% in just 8 days. but have lost most of it due...
well i sure agree with the attributes that u have listed for a good broker. but what i did was to ask a friend who was doing forex trading before me and get his openion of a good broker. then i got...
my plan B is also hedging. i open a trade and when it moves in the other direction more than 15pips i open another trade in the opposite direction. that way i keep my lossess to a minimum and even...
your method may work if have sufficient capital to absorb the losses until the market moves in the direction u want. since u propose to increase the lot size every time the market moves against your...
thanks a lot for ur informative post. i full agree with what u have said and will use them in my trading. i would be much happier if u would elaborate on the leading indicators or just name a few so...
let me answer u in few short lines. the qualities that makes a successfull trader are
KNOWLEDGE
EXPERIENCE
PERSEVERANCE
CONFIDANCE
LEARNING FROM MISTAKES
what u say is theoretically possible but in reality that would never happen, when u keep on doubling the capital there comes a time that doubling that particular capital is not feasible no matter how...
certainly, experience in forex is always useful to gain profit. experience gives u the all important instinct of the market u need have inorder to predict what direction that the market would take....
very recently i lost my entire account due to a bad decission i made. but i havent got diheartened and i'm thinking of trading on the long term instead of scalping. i plan to begin again by trading...
among the tens of thousands of traders there are only very few who have won prizes, so i think its better to concentrate on the trading than looking for contest winners. to answer your question, no i...
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