jackwilliams's Posts

Trading Psychology في المتداولون الجدد Apr 04, 2017 at 13:04

Psychological factor is really important from the trading point of view. As emotions when comes into play significantly affect the trading. After making successful gains in demo trading people suffer from losses in live account as while trading with real money there emotions comes into play. Therefore it is rightly said above that there is no room for emotions while trading.

VPS في المتداولون الجدد Mar 23, 2017 at 13:05

You are right Mark. After all in order to succeed we have to pay certain cost for it. And for good and successful trading VPS is essential. Good luck for you trading Mark.

VPS في المتداولون الجدد Mar 20, 2017 at 11:06

Undoubtedly, VPS is more reliable than the home server. It enhances the security and improves latency. Regarding affordability nowadays, there are many brokers in the market who provide VPS services at a very affordable price structures. Just make sure about the reliability of the broker before taking up the service.

Learning Forex Trading في المتداولون الجدد Mar 17, 2017 at 08:50

It is rightly said that learning forex trading is not at all an easy task. It can be profitable for some but can also ruin the financial condition for the others. Entering the forex world in the lure to earn more and more profits would not help much, instead true passion to become a successful trader can help one become profitable. Learning is a very essential part whether a person is a newbie or an expert, as it is a never ending process. Proper trading plan, hardwork & knowledge of the market, determination and true desire to succeed can help one achieve goals.

What do you wish to achieve through forex? في المتداولون الجدد Mar 15, 2017 at 08:07

I simply want to trade forex in order to earn extra income. I feel trading forex would help me built optimistic approach thereby moving ahead after suffering loss. Also it will enhance my learning and boost self-confidence.

How do you keep up to date with trading news/ events/ opinions? في المتداولون الجدد Mar 07, 2017 at 11:47

In order to remain up to date to major economic releases, economic calendar is the best source. There are various sites available which provide information regarding this. But I personally prefer forex factory, investing and fxstreet. Economic calendars keeps you updated about the major upcoming events and thereby help you in planning your trade.

What problems are you facing as a trader? في المتداولون الجدد Mar 01, 2017 at 11:13

Yes absolutely correct. But this is so usual that movement of market is not certain and forecasts are always uncertain. Emotional pain and the psychology of the trader here come into play and destroy the trading pattern. The only way out is controlling one’s own emotions, although it is really difficult but other than that there is no way out. It’s better to kill your emotions while trading before they kill your trades.

Best pairs to start? newbie here... في المتداولون الجدد Feb 23, 2017 at 10:32

I would suggest being a newbie one should start trading with major forex pairs like EUR/USD and GBP/USD. First start trading on demo and after gaining due experience, knowledge and confidence switch to live account with small amount. Always go for the pair best suited to your trading style and strategy.

Should Newbies turn to signal providers rather than trading themselves? في المتداولون الجدد Feb 22, 2017 at 10:28

Being a newbie I will always suggest you to start with small real account and learn to manage your own risks into the account. Signal providers are also good they simplify your trading by providing you signals, and in the beginning these are helpful to the traders. Or you can open two accounts simultaneously and use EA’s in one account and do manual trading with small amount in other and test the trading results.

lose professionally is the key to success في المتداولون الجدد Feb 20, 2017 at 12:23

Loosing is definitely a part of game. One who understands the fact of learning from losses, nothing can hold him back from winning further. Emotional trading affected by greed and fear can definitely be the one of the main cause of loosing trades. But controlling them and utilizing in a right direction can help you win. Lose a certain amount professionally is healthy an can help build big gains at later stage.

How about "Live" trading? في المتداولون الجدد Feb 19, 2017 at 07:28

Ohh Great. Thanks for the recommendation, I will surely try it.

How about "Live" trading? في المتداولون الجدد Feb 15, 2017 at 12:38

Yes surely, there are some sites to provide free tips on trading. But mere getting theoretical tips not actually help the newbie. Combination of both reading the tips and visually studying the trading by the experts can help more to the inexperienced ones.

How about "Live" trading? في المتداولون الجدد Feb 14, 2017 at 12:26

It is true that why would anyone share their winning trading strategy with others. But yeah experienced traders giving signals is the best example. As this way experts are able to earn additional income from their followers. Inexperienced traders can perform successful trades. But of course it is not that simple as it seems, and there must be some hidden fact about this.

Honest truth about forex..... في المتداولون الجدد Feb 13, 2017 at 11:12

Ohhh thanks! Yea such kind of news led people loose their faith. However, still there are many genuine brokers in the market as exceptions are always there.

Is demo trading enough before real account? في المتداولون الجدد Feb 09, 2017 at 10:56

Demo account helps you to apply all those concepts that you have understand theoretically. However, you must only go for live trading after building desired amount of confidence. Before going live, you can also try social trading platforms where you can copy the trades of the experts onto your account and can learn from their trades. Demo trading helps you to get familiar with the ever changing concept of market. And always start with small amount of real account initially.

Honest truth about forex..... في المتداولون الجدد Feb 08, 2017 at 10:54

The truth about the forex industry is that it is a very convenient method to trade sitting at your place. All it takes is education, time & practice to excel in forex trading. Lot of people claims this to be the market of scammers, but it’s not true. Though, there are many fraudulent practices also but all are not the same. While choosing a broker always look for the regulations of the broker and only go for the ECN brokers.

How to build a good trading strategy? في عام Feb 07, 2017 at 11:02

Building a good trading strategy requires experience, skill and due knowledge of forex fundamentals. However, for that one need to invest time practicing, understanding various technical indicators, seeing the performance of different EA’s and then building your own strategy as per your interest, trading style and schedule. Learning from our own mistakes can best help us to build a great strategy.

DEMO ACCOUNT vs LIVE ACCOUNT في المتداولون الجدد Feb 06, 2017 at 12:57

yes absolutely. all the things are of due importance and must be kept in consideration while trading .

Please help a newbie في المتداولون الجدد Feb 05, 2017 at 07:33

It is good that you felt that you can trade for more. But being a newbie I would recommend you to invest some more time trading on the same accounts. As forex trading require lot of experience and 2 months trading on demo as per me is not sufficient. Invest some more time and then opt for high leverage accounts.

How to Be an Expert in Forex Trading: Some Tips في عام Feb 05, 2017 at 07:32

Thanks MC85 :) Good luck to you also for your trading. 😄

EURUSD	1.15298	GBPUSD	1.34793	AUDUSD	0.7029
USDJPY	157.531	USDCAD	1.40073	USDCHF	0.80743

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