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  1. Replies
    3,163
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    481,341

    You are right that greed affects us very well in...

    You are right that greed affects us very well in our trades so we need to be careful to take our profit when we make them instead of trying to run for more and using big lot sizes. Greed can make...
  2. Replies
    2,714
    Views
    341,460

    USD/CAD movement is too slow to trade so the risk...

    USD/CAD movement is too slow to trade so the risk to reward is not always very good. The average daily range of the pair is not much that is why I do not like trading it. EUR/USD is the best apir...
  3. Replies
    4,905
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    201,339

    Forex gives profit, that is the major benefit,...

    Forex gives profit, that is the major benefit, any other benefit is minor benefit. Whether trading part time or trading full time, the money earned from forex is what makes trader happy.
  4. Replies
    4,060
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    276,452

    It depends on what you mean by more attractive...

    It depends on what you mean by more attractive levels. Do you mean that we stop the trade so that we can trade the more attractive levels? If that is the case, I will say no. Rather I let the first...
  5. Replies
    4,219
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    452,351

    Newbie traders should concentrate more on trading...

    Newbie traders should concentrate more on trading with the demo account. Most of the time the excitement of wanting to earn profits does not allow the newbie to concentrate for a long time on demo...
  6. You are quite right about that, but it is...

    You are quite right about that, but it is experience that the trader have in the right strategy. If the trader has not been able to develop himself but just constantly experience loss, then it will...
  7. Replies
    1,880
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    547,654

    I admire your courage on that trade. I will have...

    I admire your courage on that trade. I will have closed the trade in loss or hedge it with another trade to make profit that will cover the loss of the first trade. I do not like to hold trade for...
  8. Replies
    1,614
    Views
    167,772

    Trading of news is for experience trader who know...

    Trading of news is for experience trader who know how to analysis fundamental news effect. If news is about to come up, I close all trade that are in profit and then hope that other trade will go...
  9. Replies
    6,664
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    280,048

    Well, if you lose, you can get experience from...

    Well, if you lose, you can get experience from it, but it should not become a habit that you will just get lose because you want to learn. Loss come as a result of wrong application of strategy so...
  10. Thread: Margin Call

    by Thakur
    Replies
    7,833
    Views
    1,706,797

    Margin call is when the broker close your trade...

    Margin call is when the broker close your trade because your account balance fall below margin requirement to sustain the trade. If you have margin call, then your account balance will be almost...
  11. Replies
    8,650
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    857,054

    Everybody is interested in making big profit on...

    Everybody is interested in making big profit on short time in forex. Experience is the only difference that separate newbie from professional trader. If professional trader discover new way to make...
  12. Replies
    7,474
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    423,465

    That is not really true. Forex trading is really...

    That is not really true. Forex trading is really a function of personality, but based on your argument, the young forex trader will not bother too much whether he lost or gain so emotion trading...
  13. Replies
    7,051
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    748,285

    Spread betting is a different ball game from just...

    Spread betting is a different ball game from just betting. When you spread bet, you do so with analysis of forex market, but betting in forex is like taking gamble.
  14. Replies
    8,693
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    609,573

    Basic principles for buying and selling in forex...

    Basic principles for buying and selling in forex are simply buy low and sell high or sell low and buy lower. You will need to understand individual characteristics of each currency pair to be able...
  15. Replies
    26,683
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    5,225,285

    The best month of my forex trading is this month...

    The best month of my forex trading is this month of February because EUR/USD which is my favourite pair has been obeying all the rules of my trading system. Every trade for me enter profits so far...
  16. Thread: Forex or HYIP?

    by Thakur
    Replies
    6,602
    Views
    491,855

    Really, there is no profit in HYIP, but just...

    Really, there is no profit in HYIP, but just loss. I have read reviews of people that have invested in HYIP and I can see that many of them did not even get their investment back at all. Those that...
  17. Replies
    5,946
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    341,487

    The making of a good trader begin from his...

    The making of a good trader begin from his ability to learn the rudiments of forex trading and his willingness to always change whatever strategy is not working. Improvement on the part of the...
  18. Replies
    12,953
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    622,171

    Even with java enable phone, web trader will not...

    Even with java enable phone, web trader will not run if the phone cannot download and install adobe flash application. Adobe flash application is required as must for the webtrader application to...
  19. Replies
    8,224
    Views
    773,105

    Number of pips for stop loss can vary depending...

    Number of pips for stop loss can vary depending on the trader. For a day trader he should use between 50 pips and 70 pips for stop loss. This will just make sure that the tp is always getting hit...
  20. Replies
    5,099
    Views
    812,091

    I feel good when I trade forex and I feel much...

    I feel good when I trade forex and I feel much better when my analysis is very correct. I can boast to my friends that I am a good trader. Forex gives me more income to meet other needs that my...
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