Greed or fear which is most dangerous it depends on they style a trader adopts .. If a trader is in hurry he can be effected by the greed very soon because he will try to get quick and high amount of profit at once. On the other hand for low confident traders fear is harmful they mostly close...
Most of the traders treat forex as a game they are not serious in making analysis and planning before trading so they can not enter in market at right position. Secondly low experience is also a main cause of loss for them . A long demo practice can help to recover many mistakes will also make...
You are right as much time we spend in trading either it is demo or real it will improve our knowledge and learning . Forex is not only one time learning business it is a continuous learning because every day here new changes are made. market is not same all the days so be updated with this market .
best strategy can be developed after a long experience as we make experiments with different ways of trading we came to know what technique will profitable and how it has to be changed. traders are able to have best strategy for them when they are continuous in their working with forex market ...
There is no need to be disheart , here our success is late but possible, when forex is totally difficult for you . You ar not improving your skill it means you are not fit for this business. try your best to develop a successful strategy for work other wise quit from trading . You may go back...
Yes you are right it is not trusted to b impressed from any web site which claims some good percentages of profit.profit is just because of you personal efforts and trading skills. Your experience and hard work can make profits not any site will give money to you . Depend on your trading and...
No I will prefer to monitor trades when positions ar open . I will not sleep, If I sleep I will close all positions or do necessary steps for this as use Stop loss and take profit on preferred pips. I usually use instant and manual trading and seldom do trading with EA because I fear they will...
consistent profit is hard but not impossible . if trader are controlled in their trading and emotions they will just use the right time for trading .It will be a chance of profit for them. With cool mind and patience trading constant profit is not much hard for traders . People are making profit...
My friend told me about forex ,He was working here for many days ,his working admire me and I started forex learning , I take a lot of time to me to understand this market. I learn some basics of trading from my friend then do my own hard work for practice of trading, I believe that only our...
We do many mistakes in real account thinking it as much as bigger demo was. here we do not make steps to manage risk and have a great loss due to insufficient funds in real trading. In real trading emotional involvement is more than demo trading. we are in hurry to become rich that is really a...
Experience and education both are vital for traders. First you knowledge or learning that makes you able to understand what forex market is and how it works. Then you will get experience to find actual results from trading. forums also provide you knowledge and tips for trading . You will know...
yes trader sould own his responsibility in trading.he ned not to blame anyone or market for his loss. Necause if we consider profit as our righ loss is also our responsibility . We do all with our will in trading choose best time and way of trading according to the market situation so that you...
Stress is an emotional feeling when trader not feels good with trading he should avoid trading if he is stressed before or feels tension in adverse market situations. Forex trading is a business of cool mind people who can think positively in even bad sutuations. In stress itis not possible to...
Quickness is not a wise act in forex trading . A trader needs patience and determination .If we learn quickly it does not mean that our earning will be start as well . I beleive in slow performmance in forexx. Withtime and experience we can learn the art of earning. However much learning is...
Yes my goal is to buy signals from a good signal providing company . Iheard that they are good for making pips. I will try for one month . Mostly I rely on just my own trading I want some change to see either this type of things work or not . Hope best for future.
I have no doubt in forex earning . it is real online earning that is very popular these days. It is persons own ability how he deals with market. SOme people make good money other are fail here. When we go through proper process of learning and experience then the reality of this businessis...
Stoploss is an easy way to manage risk at our will . We know how much funds we had in trading account so we set stop loss that automatically close trades when we are not in profit. In this way we bear affordable loss . Stop loss is a efficient tool for new traders specially who feel dificulty...
We can be lucky some times when market moves to our favor for much profits ,. It is not right way of trading to depend just on luckin forex trading. Luck works if we do work hard. we make our luch by self efforts that are valuable in every situation . Forex is not a gambling it is a serious...
Forex is a risky business , we can not get rid of risk at any cost.Untill we not take risk profit is not possible. So every trader is at risk as he opens position in forex market. He has to manage this risk in a manner where he can save his account from a big loss. If we let risk free it will...
yes it is reality that without risk management no trader is successful in forex market. We are profitable only when we are good in risk management. A trader should know how much risk he is taking in any trade and how he will deal with it . when his plan is clear he will try to do trading in m...
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