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- aleks22 replied Sep 1, 2020
Even the professional traders don't like doing scalping much, they find the risk that is quite hard to recover. But there is also scalper who enjoy doing that technique.
What exactly is 'scalping' ...?
- aleks22 replied Sep 1, 2020
Chance of winning to losing is 1:1 and that can never be applied to forex trading.
Can you make money by simply flipping a coin?
- aleks22 replied Sep 1, 2020
I hope this thread continue, I enjoy seeing the motivational picture. Especially the last one.
Motivation pictures
- aleks22 replied Aug 6, 2020
If you do not have any knowledge or bother in learning forex when you are new to those, then yes, I couldnt agree more. It is like writing english sentence without knowing the alphabets. It is always important to immerse the knowledge of forex so ...
Why you lose money and will always lose
- aleks22 replied Dec 18, 2019
Don't worry. I just read your response. Thanks for helping everyone out
how to calculate pips for Yen?
- aleks22 replied Dec 18, 2019
Both are good to go. But for the beginner, it is better to start off trading in demo and getting comfortable with the system before trying the real account. It also helps if you are able to make the profit. For pro, they usually go for the live ...
Demo vs Live Account
- aleks22 replied Dec 16, 2019
All I can tell you is not to give up. Losing happens but you could always try to change the strategy, get some classes.
I thought I knew, but now I know
- aleks22 replied Dec 6, 2019
I think for the newbie traders who wish to trade should start off with just low leverage as much as they can. Maybe 1:10? It is not all only just leverage; money management is a big factor to consider unless you don't mind wasting all the money.
What leverage is best for a newbie?
- aleks22 replied Dec 2, 2019
Couldn't agree more. It gives you this perception that you actually realized your mistake and you are working on it to avoid dealing the same mistake again. But yes, it is not really easy to find the mistake but it is always good to have a baby ...
It's impossible to lose money in Forex!!!
- aleks22 replied Nov 22, 2019
Then it is more beneficial for you to not to use stop loss since you are always mentoring the chart. It helps. But for the people who does not have or are not willing to spend much time near the computer, the stop loss is a must.
Do you use stoploss?
- aleks22 replied Nov 20, 2019
This is indeed true. We tend to rush without thinking in advance on what analysis, skills to use. The important thing is that if we actually learn from our mistakes which will help us to grow further.
It's impossible to lose money in Forex!!!
- aleks22 replied Nov 20, 2019
I feel like people still don’t take it serious. Demo is necessary to use if you are going to start trading.
What do you learn?
- aleks22 replied Nov 18, 2019
Agree with you. Practice makes perfect so even if we are losing in trading, we just gotta keep our head up and keep practicing.
Why do we still lose?
- aleks22 replied Oct 19, 2019
Both are good to trade but option is very more risky and is very expensive as compared to Forex.
Options vs Forex
- aleks22 replied Oct 16, 2019
Completely yes. It is a necessary to avoid the losses. When I first started off, I thought it was not needed and made so many losses. Lesson learnt!
Do you use stoploss?
- aleks22 replied Oct 5, 2019
Well said! If I might add something, it is a skill that you have to nurture. And as you grow, it will become easily adapted.
How to maintain discipline
- aleks22 replied Oct 4, 2019
It is nice to see you not giving up. I like that attitude but it would be good idea if you can stay away from trading for sometimes and then come back again, it helps.
How did you find success?