Search results

  1. D

    How difficult forex trading is for you?

    I found it's very difficult to keep stable long term profit for forex trading, such as maybe 20% this month, but not good next month. Maybe strictly risk control plan will be helpful.
  2. D

    How difficult forex trading is for you?

    I found it's very difficult to keep stable long term profit for forex trading, such as maybe 20% this month, but not good next month. Maybe strictly risk control plan will be helpful.
  3. D

    How difficult forex trading is for you?

    Forex trading is not very difficult, but you need experience and trading strategy. In my opinion, market feeling, trading strategy, and trading mind are obtained through rich experience, include failure.
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    Have you learned from your mistakes?

    I got many lessons from previous mistakes, now always keep lower leverage less than 1:100, long term stable profit should be top objective.
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    How important is to be aware of the world’s political events?

    Very important, if you can predicate important politic events, you can master forex trading, they are easily to be affectd by any imporant event.
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    Fast and Glorious Live Contest – HotForex

    Any other contests available now? It seems a new contest, fast-glorious, cooool!
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    Do you believe in Forex Robots?

    I also don't like robot, and obviously robot can save our time and improve efficiency. Maybe I will try robot later.
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    Should we trade under pressure?

    I think so, forex trading is a servious business, and presssure is necessary to make sure your trading is clear and suitable.
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    Why many brokers don't support Paypal?

    I don't know other countries, but in China paypal withdrawal fee is high, $35 each time, but now through skill in hotfroex, just very little fee required. Maybe it's the reason why many brokers don't support paypal?
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    How should a trader feel about losses?

    We should take forex lost as the necessary step of success, only after lost, you will reconsider your trading history and mind, reconsider is very important for further success.
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    Did the Greece Votes affect EURUSD?

    I think Greece crisis will affect Eurozone and further globle economy, of course EURUSR will be involved, a fews days ago received one notification from hotforex about transaction warn about Greece, but I'm not sure the future movement.
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    How do you manage your capital?

    For me, the capital management is make perfect risk management plan to guarantee the safety of my funds, I belive survaial always be the first thing in forex trading.
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    First time trader - which broker

    Before my inital funds same like your, actually there are many brokers could meet your requirement, finally I select hotforex premium account, leverage is 1:400, aside from regular account they do have fixed spread swap free and zero account, but first make sure to read the tos to know how it...
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    How can we deal with the emotions?

    The emotion just can be controlled, only EA can operate without any emotion. Strictly trading rules and follow it should be helpful. Also EA is useful to control emotion, provided that you can set up suitable parameters.
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    If the broker gives high bonuses, its a bad broker?

    I don't think the broker that provide high bonus must be bad guy. Bonuses is only a marketing tool used to get newones to trade, and it's common rule in forex trading. Such as I choose hotforex, they provide bonuse to enrich my initial trading funds, so the point should be to find out and...
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    Are you still biased for EUR/USD trading?

    Until now it's the most used currency pair, and also best place to make profit, maybe will change with the development of other currencies.
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    Why you should not give up forex trading?

    Many newbies suffer from lost in the beginning, they lack of experience and right trading mind, but forex trading is a long term buiness, and constant profit should be the target, so just control your risk as newbies and keep learning to improve it.
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    How to minimize our mistakes in forex trade??

    The mistake usually from the following factors: lack of knowledge and experience, bad mind, wrong trading strategy, poor brokers etc. Keep learning and reconsider trade histroy to find the real problem, and then improve it.
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    Do you like robot trading?

    I like robot trading, it will liberate trader from computer, and also strictly follow trading strategy. But firstly we need to make sure our knowledge and programming are enough for robot trading, and need to keep pace with the times.
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    How important is to be aware of the world’s political events?

    World political events affect deeply the global economy, especially main countries, such as USA, Russia and China etc. A good trader should be high senstive to political news.