that is right, it is very possible. you just have to target only 1% per day. and it is easy for a professional trader to do that because he has the experience and a consistent strategy before he can...
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that is right, it is very possible. you just have to target only 1% per day. and it is easy for a professional trader to do that because he has the experience and a consistent strategy before he can...
stop loss is very important because it can prevent margin call, and it also depends on the percent of your capital that you are willing to risk. so I always use stop loss and learn to accept it when...
My advice is yes you can leave your job because what you earn in one month in your job is you can earn it in 6 days of trading only. What more if you focus and become a full time trader. If you are...
you can make money very quick in forex especially if you are scalping, but first you must be a good trader and learn a lot to win. because you can also lose money quick if you are not ready to become...
I will still trade in forex when I become a millionaire because my capital can still grow because the larger the capital, the bigger you can earn. I assume that I am already a good trader when I...
I do not believe it too. I think we the traders ourself can help our trading, we must learn forex from ourselves and don't depend on those magic or supreme power because I think it is not real and it...
it is good to ride the trend but we must be careful because we might enter at the wrong time, the time that the opposite trend starts. It happens to me sometimes, so sometimes I ride against the...
It depends of the type of trader. if you are a scalper then it is better to use bigger sl than tp. but if you are a swing trader or day trader, then it is better to use bigger tp than sl. because the...
I open a lot of pips in the same direction hoping to reach my first trade. but sometimes it doesn't come back and lose more, but sometimes it does so I win more. I double my first trade when it goes...
yes demo trading is a must because newbies can learn the basics there. they can trade how much they want without losing real money. it is the first step in learning forex trading so we must take the...
the benefits in forex trading contest is we can gain experience in forex trading contest, because I experienced it too. I feel like I'm trading real money because there is a pressure and competition...
we can become a millionaire in forex. but we must be patient and also we need a big capital to trade but we must be careful. we must find a good strategy and practice it first in small amount. then...
luck is neede in every aspects of life. but we must not depend on it. we can be lucky even if we are a newbie or a long time experienced trader. but we must also learn to analyze forex and learn it,...
I think EUR/USD is the best because so many traders use that pair. and it is very volatile too. and there are only few times that it is not volatile. so it is a good pair to trade, espcially for...
I use bollinger band indicator for scalping, I buy or sell when the candle is in the upper or lower line especially if it goes out of those line because it will come back inside the bollinger bands...
I am here to learn from other forex trader,I know I can read many useful information in this forums, and the members here help each other. And also to share the things that I know that can help the...
the chart that is more useful is depend on the type of trader, for a scalper trader, smaller chart is better for them. but for swing traders they use bigger time frames, and it is better for them.
I use many pairs, every pair that I found that is volatile, I use it. and I use a lot of strategies too, because I'm still looking for a strategy that will give me a stable profit.
I am here to learn forex from other veterans traders, to learn new strategies and styles,
and to earn bonus too, so I can practice using it, because in demo we can't trade with emotions.
and also...
yes it is, you're right because if we start riding the trend but we're too late because after a few minutes it is time for reversal then we are dead. so we must enter at the early part of the trend....
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