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samuel23
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Everything posted by samuel23
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Hi OneSmith, am sorry to say but i was quite confused with your post. You might have share something really useful but it complicated to understand what you stated in here. Can you please elaborate more or give some more simple examples. Thanks
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Yeah that true but it always different when it friday!! You just want to live that day fully as its quite like special.
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Fun and Games for when Trading is Dull!!
samuel23 replied to TheNegotiator's topic in General Discussion
Sometime it happens that you get bored with Trading and you want to close all the Trading platform and play some nice games on the net. I actually like to play Angrybirds to make me more relaxed. Then we have to start up trading again. But never play in-between your trade as you can make big mistakes. -
I guess that this was hard to make. How can someone have an average winning of 97% on weekly basis. It is very difficult to achieve nearly impossible but i cant say that as we never know what can happen in Forex. So far i have never seen a winning average of 97%. Even EA cannot do that??
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My winning rates around 45 - 55 % on weekly basis. I manage to make some money from Forex but sometime it is rather hard. I used all the necessary tools from the market to boost up my trade but still i can find myself in a losing trade. Is there anyone who's winning rate is near to perfection in Forex??
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Well said this is a very important part that we need to consider when we are Trading Forex. I always advice other Traders to learn about Money & Risk Management as this will give us a knowledge how to control our investment in this market. Money Management is crucial and we can surely minimised our losses by knowing about it!!
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Emotion is always here even when you are trading Forex. The thing is that you should know how to control it as it can be very harmful to your trades and investment. We cannot mix them both when we are up to Forex but sometime it happens that you let it overcome you.
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Hi guys, i trade only half a day on Friday as i dont want to stress up my week end thinking of what am gonna do on Monday with my trades. How man of you share this and really forget about Forex in Week-Ends :haha:
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You are most welcome. I am pleased that the above Forex Tips is useful to you. Indeed we cannot imagine what other people can do but it is always nice when we share it together in a positive way so that everyone can be beneficial from it! :haha:
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Nice to hear that you are in Profit and very pleased that the the person you are copying is doing well. I just hope that you continue doing very good profit and that you become successful in Forex. However, i would recommend you to be in the safe side as you never know what can happen in this market. Always build up another Plan if ever you are on losing trades.
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Whether you're making 5% a month, or 10% a year, are you consistently profitable ? I can say that it is quite balancing but surely not a consistently profitable trader. I have been trading for 8 months now and still learning each day how to make my trade better. But for the last couple to weeks things going better for me. I am not talking about trading full time or part time, just if you are making money. Am making money in Forex and as a full time trader. How many months in a row have you made money ? I have loss and win!! How many months in a row have you lost money ? 2 months in a row!
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lol nice post mate. We have to agree that Asian people are doing almost everything that we have to live on today. Probably it because of this that there are the 3 largest economy in the world. They are the people to sell you things on cheap but if we a biggest revenue worldwide.
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This market have revenue over trillion and we can see how people are interested in FOREX nowadays. We should know that this market is really huge and it demands lot of work as well. Learning is fundamental in forex and we should increase our knowledge in order to deal with Forex efficiently.
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If things getting better from the past then i am sure that Forex is reliable and we can count on it in the future as well. So we should just make money and manage our account carefully in order to achieve success in this field!
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This is the main things to become a profitable trader in the future. I just want to make sure that tomorrow i can depend on Forex and surely make some money from it. This is why i really wanted to discuss that with other forex traders!!
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This is an interesting question as we need to know our broker well before setting up an account. From my part, i would advise to check well if this broker is really reliable. For instant you can check out the customer support dept and bombard them with questions concerning the platform. It is important to know where we are placing our money and this is why we look for the best broker. There are indeed good broker but you will have to find it yourself instead of taking someone else broker as yours!!
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Guys can anyone of you tell me what you are your expectation from Forex in the Future. Do you think this market will be still reliable as nowadays we can see many many Traders around the Globe. It would be very interesting if together we can discuss about it and share our ideas so that we can somehow be more prepared to face it in the Future. Thanks :haha:
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Yes it is a huge community and i am sure that we can find trader all over the glode trading on different market. Where there is money involved, you will surely find people from every part of the world chasing behind it :haha:. I cannot say that am not one of them in this field
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Nice quote. We should agree that each traders have different market views as very few of us trade the same way. However, we have to learn Forex quite similarly as we have do have some knowledge in common. :haha:
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Thanks for liking this thread. This is very important fro Trader. We should never be greedy in Forex, we should simply wait for our time and we will benefit. Money management is vital in Forex Trading as we should always know how to control our money whether in a losing or winning Trade. We should always follow them
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One of the cardinal rules of Forex trading is to keep your losses small. With small Forex trading losses, you can outlast those times the market moves against you, and be well positioned for when the trend turns around. The proven method to keeping your losses small is to set your maximum loss before you even open a Forex trading position. The maximum loss is the greatest amount of capital that you are comfortable losing on any one trade. With your maximum loss set as a small percentage of your Forex trading float, a string of losses won`t stop you from trading. Unlike the 95% of Forex traders out there who lose money because they haven`t applied good money management rules to their Forex trading system, you will be far down the road to success with this money management rule.
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It is nice that you guys has all comment on this post. Normally i can see that not all of you share the same ideas and i would say that it is really good that you post you advice regarding this thread. I wanted to share this as it can help some of us. These are simple trading strategies and i would welcome anyone who do have more strategies, suggestion and tips so that we can learn from it. Not everyone have the same perspective and same of way of trading.
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Nice remark guys, i have read that and i wanted to share it with you. If anyone do have a more detail explanation about this, please share it with us as we will also learn from it. I trust that we can be more flexible with Forex if we learn more about it and if anyone of you do have suggestions and tips, please share it. Thanks;)
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Investing in foreign currencies is a relatively new avenue of investing. There are considerably fewer people are aware of this market than there are people aware of several other avenues of investing. Trading foreign currency, also known as forex, is the most lucrative investment market that exists. There are several factors that make this true among which, successful forex traders earn realistic profits of one hundred plus percent each month. Compared to some of the better known investment markets such as corporate stocks, this is an unheard of return on investment. It's very necessary to mention here that a person who invests in forex must, without exception, make it a point to learn the detailed, but simple strategies and information surrounding the market. This very fact is what makes the difference between successful forex traders and other traders.
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Thanks for sharing this with us Blue. I guess this is a very good way of trading forex. If we can master that, i am sure we will be able to earn from the market. However, i' m happy that some of you find my post regarding tips useful and i would be even more happy if the above tips is helping you to earn from Forex. If anyone of you have a question, please do ask. I will do my level best to help you