I extremely love forex. And I love it for several reasons which are highlighted below:
*It is widely spread business all over the world.
*It provides 24 hours service for traders to trade.
*Its...
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I extremely love forex. And I love it for several reasons which are highlighted below:
*It is widely spread business all over the world.
*It provides 24 hours service for traders to trade.
*Its...
Both are profitable. But slightly long term trading is profitable. If you are part time trader then you better select short term trading whereas if you are professional trader, you better do long...
I don't believe in luck, magic or such related things. We all traders are obviously educated people. We know the importance of time and hard-work in our life. So it will be our stupidity to...
I like your confidence. From your post I guess you are an expert trader. Yes, forex trading can be taken as a full time job confidently if we are professionals. Only professionals know how to...
Well, I am a part time trader. I do not trade on regular basis. I trade only sometimes as I don't have enough capital to do long term trading and also I am not that expert in this profession. I...
We can determine the good traders by following qualities:
*Almost all knowledge and good experience of forex trade.
*Quality to control bad emotions.
*Quality to define entry and exit points....
Well, there is some age rule in forex, i.e the person who is above 18 can only do forex trading. But I am not satisfied with this age restriction rule. Because my opinion is that, all people...
I don't support your opinions and views that you have towards partnership trading. I would say partnership trading as the best type of trading. The involvement of risks, pressure, emotions, etc are...
The important factors which lead to cause loss are:
*Quick entry of traders into real account without proper knowledge and understandings of forex in demo.
*Over-emotional tradings by the traders....
Well, it is not true that loss is the only way to gain experience, but yes, it is the best way to have good experience. When we commit mistakes, we face loss and afterwhile we begin to realize about...
No, I would say it is just impossible. Forex is all about risks and uncertainties. The traders need perfect predicting power to earn profit on daily basis, but no one is 100% perfect. As we know...
Yes, it is fast way to earn money. Unlike other works, you needn't do great efforts and also you needn't go to office/organization, you can do it easily in your home sitting infront of your PC. The...
Well, when I face loss due to wrong trading, I first take long day trading gap. And when my mind becomes cool and calm, I try to know what mistakes I have done and what was insufficient for its...
Stop Loss is the perfect option to minimize or control the loss. It is very good idea to use it for the betterment of your trade. If you use this strategy/tool then you'll never have to be in money...
In forex, the currency pair USD/EURO is the highly rated pair among all. It has very high volatility and due to this there is rapid fluctuation of price in the market. And in high movements of...
Well if you want to execute trades through the mobile phone then I would suggest you to use the mobile which has excellent resolution and good screen quality which is wide too. You may use smart...
Forex is all about making money. So there is no doubt on saying that risks are always involved in money or business. That's why forex is risky. We can't ignore the risks anyhow so we should play...
Anyhow, use of high leverage is not favorable for newbies because they are just beginners and have insufficient knowledge about forex. So it is very dangerous step for newbies to use high leverage...
Fear and greed both are bad emotions. They both are equally dangerous for our trades, we can't say one as most harmful than other. If we don't manage both of them properly then they may ruin our...
In my opinion, luck has no any importance and role in huge business like 'forex'. Forex is not a gambling where luck matters. Forex is a legal business. It is very complicated business to do. We...
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