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demo is the really a unique system of the forex. it will be same important for expert and newbie also. in every step in forex we need the demo to avoid the mistake. expert use the demo to testify the strength of their strategy. if you have any strategy then testify it in demo before using it in real account
What makes you a good trader is always having a good strategy. When i have a new strategy, i first practice or use it with demo account before using it in live account. We need to first practice our new strategy in demo account.
yes, agree with your opinion, is the source of forex currency that would be very easy to get in on line business on the internet, and I liked it the first time as well as this, to live with a lot of money on hand will be happy anyone
every trader have personal strategy,you can trade on your strategy you will be gain profit on this forex trade market,when you go other people strategy same time it will not right you can face same loss on it.
Borther, try to use and learn the indicators. There is no certain strategy that you can use. But if you understand the market with indicators, you will know what to do when. This market is so electric. A certain strategy does not work. You have to take a decision in a second sometimes. Thus, practice and keep learning. You will get there.
Trading against the trend is very risky it is the time that we are exposed to getting a margin call because it might take a longer time before the price might come back to our direction if care is not taken that is while we must not trade against the trend.Quote:
Originally Posted by kalponick
I am convinced with this, traders should not trend against Forex is basic strategy for any new plan. If trader trade against trade then he/she is not chosen right direction for trading. Also traders not aware with the process of trend identification then they need to adopt it as first step then they can start trading.Quote:
Originally Posted by antosco
Are you sure that there will be predicted profit in-spite of any movement in Trade market that the investor can make. Avoiding SL by a newbie is like killing himself before knowing how to make some profit. Although proceeding through SL may give him little gain but still it is crucial to gain confidence. Some traders prefer to go with hedging but for for a newbie this may not result well. He has to learn how to make profit securely before jumping in to the black cloud. I think so.
We all are here to get the best strategy so that we may become successful with our trades, and I'm not exceptional one in this concern. But alas, still now I couldn't find a good strategy which is suitable for my own need and mentality. Maybe I need to adjust myself with any of the strategies as I've failed to have any ready-made strategy for my best fitness.
I donnot think so k yeh sb sa best strategy ha as some times gold bohat jyada fast neechay a jata ha jis k karan ap ka account nill honay ka bhi khatra hota ha, and ma to gold pr trade ko shi nhi smjhti as gold trading ma spread bhi jiyada hota ha, 100 pips spread is too much.Quote:
Originally Posted by mandeeprana