- Search Forex Factory
- 19 Results
- KingLouie replied Sep 29, 2020
Not really. You can be successful if you spend less time in market. It is all about the determination and understanding how forex trading circulate around in market.
- KingLouie replied Sep 28, 2020
Both are very different when it comes to funds, but apart from that, think of demo as a practice where you are learning.
- KingLouie replied Sep 28, 2020
Leverage does matters and sometimes it does not matter depending on how traders are using them. It is a dangerous way if it is done in wrong way.
- KingLouie replied Sep 22, 2020
Perfect answer I always believe that it is the best to start trading demo account, only after you learn and understand everything related to forex trading. And once you start making consistency profit, that is when you should be able to take it to ...
- KingLouie replied Sep 19, 2020
Agree, it does not lead to profits, but rather it helps you not to overblow your account.
- KingLouie replied Sep 19, 2020
It is not that the forex trading is so risky, it is just that every business that you entertain is always risky, no matter how circumstance the outcome may be. Just like forex and business, when you are learning and gaining the knowledge, the risk ...
- KingLouie replied Sep 15, 2020
Just don't take it to serious. Have fun and keep calm if things don't go the way.
- KingLouie replied Sep 15, 2020
Both are good and same when it comes to risk of uncertainity, so I think it depends on your preference
- KingLouie replied Sep 11, 2020
Skills are definitely an important factor for trading. Skills comprising of risk management, money management, patience, determination, and so many much are achievable through your trading. Without them, you have a higher chance of blowing up your ...
- KingLouie replied Sep 11, 2020
Isn't lower leverage better than higher leverage? I think you might have said it the other way around.
- KingLouie replied Sep 10, 2020
Just reading this. It is very useful, actually.
- KingLouie replied Sep 10, 2020
It is always wise for the beginner to use low leverage to avoid dealing with high risk. Once you are getting comfortable with your trading, you can gradually increase the amount of leverage.
- KingLouie replied Sep 9, 2020
It is very important to discredit your greed while trading because it tends to mess up your trading. The more profit you make, the more greed you have. Like the user above me said. The more greed you have, the more you will lose in trading.
- KingLouie replied Sep 9, 2020
Agreed. Both are very useful and co-exist for that absolute reason.
- KingLouie replied Sep 8, 2020
I personally do not think that is a wise way to do it. Forex is muh more profitable market but at the same time, it is very risky market.
- KingLouie replied Sep 8, 2020
Depending on how well are you with your trading. I would say that beginner should always consider using stop loss, at the same time, I can see why experienced traders felt the need not to use stop loss. But in my honest opinion, every trade you make ...
- KingLouie replied Sep 7, 2020
Scalping is actually an intense trading technique in which you are making a profit in very short time, but that involves you spending lots of time in front of screen to look and grab the feasible opportunity.
- KingLouie replied Sep 7, 2020
It is absolutely necessary to include stop loss in every trade unless you are feeling adventurous to make a jump or dive into risky area when it comes to trading. I personally always made sure to include stop loss in my trading to avoid getting into ...
- Posts by Member Search: 'KingLouie'