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- AgusKurniaw replied Jul 21, 2018
Yes, When you trade in demo you know that you are not losing your money. You remain indifferent. But when you trade in real account, you become conscious. You now know profit and loss depends on your decision. Fear, greed, and joy starts working. ...
- AgusKurniaw replied Jul 21, 2018
Emotions are the worst enemy to traders. And we are emotional being. We have joy, fear and greed. When we make a good profit we become over joyous and when we make loss we become fearful. Sometimes we open a trade out of greed. All these emotions ...
- AgusKurniaw replied Jul 11, 2018
Hedging is not for newbie. It is a very advanced thing. When I was new, I also thought like you. But by doing so if you fall against a trend, eventually you will lose your money. When a pair is in a ranging market, this may work for some extend but ...
- AgusKurniaw replied Jul 2, 2018
No one should depend upon luck in trading. You can be fortunate one or a couple of times. Regardless, You genuinely do need to understand what you're doing. It's the unfaltering work that finally pays off. If you do reliable work in right way, you ...
- AgusKurniaw replied Jul 2, 2018
Yes I agree with you. I believe in trading a single pair or two. Most traders apply same strategy to all pairs. They do not try to understand or they dont know that every has some unique charecteristics. That's why once you are expert is one pair, ...
- AgusKurniaw replied Jun 26, 2018
Price doesn't move that much unless you are trading JPY pair. JPY also doesn't move everyday. The best option you research yourself and see what happens with price. And it's not necessary that you have to analyze just after the candle close. Yes in ...
- AgusKurniaw replied Jun 26, 2018
That is absolutely true. No such thing exists. Trading is not just about a good system/strategy. There is lot more things you need to achieved. It needs time, efforts and dedication to achieve those. First you have to accept the fact that trading ...
- AgusKurniaw replied Jun 20, 2018
Yes you are absolutely right. By following other's trade strategies you won't be able to learn the art of trading. Invest in learning before you invest in trading. We can follow one's strategy but we can't follow how he/she thinks and feels while ...
- AgusKurniaw replied Jun 20, 2018
Yes. Both money management and trading psychology are key to success in forex trading. A person will fail with a good strategy if he/she ignores the importance of money management and trading psychology. It has been said that trading is 90% ...
- AgusKurniaw replied Jun 12, 2018
Yes you are absolutely right. It may give some temporary success but in long run, bad time is coming. Most people do not try to understand how the market works. It is like you are treating the symptoms instead of addressing the disease.
- AgusKurniaw replied Jun 12, 2018
Yes with money management and proper trading psychology success can be achieved with any strategy. That's why it is said that trading is 90% psychological. Unfortunately most trader ignore money management. They want to get rich overnight. As a ...
- AgusKurniaw replied Jun 8, 2018
As a newbie you should have researched it. Trading requires specific knowledge and skills. Self finding is the best approach in a business where skills are everything. You have to find it of your own. The more you study the more you will get know. ...
- AgusKurniaw replied Jun 8, 2018
My holy grail is there is no holy grail. No system works all the time. You have to adjust or modify it according to the changing market condition. If you can learn how to control your emotion while trading, it will will give you good results. And ...
- AgusKurniaw replied Jun 6, 2018
No such thing exists. If an EA like can be found, everyone would be a millionare in a year. See the figure after one year $12,920,455,166.14. Making money is not that easy. Stop chasing something that doesn't exists. Or go to casino and do gambling.
- AgusKurniaw replied Jun 3, 2018
Because most people do not have necessary knowledge and skills. People come here with a expectation of making money quickly and easily. Basically they are introduced forex in a wrong way. If they have been told it will take time to learn the ...
- AgusKurniaw replied Jun 3, 2018
Nice tips indeed. I want to add something. There is some misconception among new traders. They think within 3 to 6 months they can be enough skilled to make to money by trading. They are not willing to give time in learning. They are in hurry. As a ...
- AgusKurniaw replied May 30, 2018
Go to casio and try your luck. Very nice one sided calculation. What's the backup plan when it will be -200 points? Zero? Every business has some risks. That's why every company has some risk management policies that they follow. And forex is ...
- AgusKurniaw replied May 27, 2018
No one knows. It differ from person to person. And even most people never get into it. It Will depend on various factors. If you come to forex by knowing that it's the easiest thing to do, first you have to unlearn yourself. Then we have to relearn ...
- AgusKurniaw replied May 26, 2018
About music I think everyone has different-different choice. Like in trading what you like to do, I may not like that. I personally do not listen any music most of the time during trading. But if I listen I prefer to listen any soft melodious music.
- AgusKurniaw replied May 25, 2018
Risk management is the most important yet ignored aspect in trading. I mean all unsuccessful traders do not have any risk management policy. I do not risk more than 1% of my capital in a single trade. If I open more than one trade my maximum risk ...