Too many entries will make you suffer Margin Call especially if each order has high lot size, it will be risky trading.
If there is good money management in forex, so it's impossible to become...
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Too many entries will make you suffer Margin Call especially if each order has high lot size, it will be risky trading.
If there is good money management in forex, so it's impossible to become...
It's hard to become calm and patient in trading when there is nothing to limit profit and loss in each transaction. Discipline
is very important thing to prevent losses which is out of planning. If...
That was right if all pairs have opportunity to give us profits if we could make good analysis with the pair but the chance
to gain profits with a pair could be better than another pair. It was...
Please read again, the problem is not earning $50 daily or $100 daily but 25% daily profit because the equity is only $200
to gain $50. If you looked on other traders who could gain $100 but he use...
Usually, in news site has explanation about the impact of each news to currency. From what I knew, news could impact to USD, AUD, EUR, GBP, JPY, CAD and CHF. Mostly news will give impact to USD, EUR...
It is possible to be done but I am sure if mostly traders prefer to use indicators to help making decision than they must become
naked traders. It's not easy to become naked traders who could make...
It's more profitable to trade with forex for me because it's possible to gain profits without any capitals to spend because it's
possible to trade with welcome bonus or bonus posting account. But...
I don't think so. It's too high amount of capitals if we should invest $1.000 as initial investment and it's too risky to use that much amount in forex when we are not quite good in making analysis...
I don't think if one year is enough time to measure traders as successful traders or not because different person could have different
point of view about successful traders. For me, successful...
I am disagree if it needs only simple knowledges to become expert traders. I think it will need a lot of time to spend to gain
more knowledges and experiences in any different conditions because...
I think there are many traders who use intraday method because most of them didn't have quite much time to spend for trading.
With intraday method, we could use set and forget strategy but it's not...
It's important to have good and strong psychology to become good traders because your psychology will determine your decision in
every condition. If your psychology is stable so you won't break rule...
Good and successful traders should be able to make good analysis in every condition although good traders won't always win but
they could limit losses or reduce possibility of losses. To become...
It is depending on each person who joined in forex. Many people didn't want to leave forex because they still looked the chance to gain a lot
of profit in forex which is still profitable although...
That was wrong if you think there is no commission in forex. Commission in forex which is gained by brokers, it is called spreads because
no matter profit or loss so broker will always take spreads...
There are some types of news, medium impact and high impact news are big effect in movement of price in certain pair.
Oftenly, news will make price in certain pair move in high pips in short time...
It is possible to gain a lot of profits in a day when my open position is very good in timing but I don't
think if it could happen everyday because normally, daily profit is only 1-5% so it's more...
There are many pairs which we could use for trading in forex as favorite pairs of trading but to learn it well, it's better
to choose one of those pairs for understanding its characteristic well....
Yes, it's bad time for trading when your emotion is not stable because condition of psychology which is not stable will make traders
create bad decision and too hurry or too late to make good...
Yes, demo account will be needed as long as you're trading in forex because all traders should update their system and demo account is safe
place to update it. Each trader didn't need to update...
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