1 experienced trader advised me to use just 1% of my amount in trading . He said your risk should be low than this percentage. Do trading in smooth manner . Once or twice in a month any good move of market wil bring good profit for you so why you should take high risks.
I am special but market will not treat me specially. It is same for everyone. If I want special results I should not over confident I should do realistic decisions for trades . Forex market not ignores our mistakes so be special n your performance to take special profits.
I evaluate my performance on monthly and weekly base. I see what I loose and gain , I make future plan to improve my performance . I can see I am more successful trader than last year . I am now gainer. I loose too in market but my profit s are higher than loss.
I am a looser because I had a little amount in my trading account with this amount I want to be rich in no time this risky trading make me a looser. I blow up my account in greed to get more and more. I should make small profits to protect my account.
doing work with forx from last 2 years I am not a good trader . Some times I do good ,some times are really bad for trading . Now I try to do analysis first . I do trading with low lots .It brings good results o me . I am now growing my capital.
After loosing on my first day of real trading I had a lot of fear in my mind. I remained coward to take risks and alwys close trades in low loss. Gradually I overcome it by doing low margin trading.
Every one wants big profits . I had one thing in my mind that I have to run this business I can not become a millionaire from the amount what I invest . I can get 10 to 20 percent profit from it . I want to increase this ratio with my good performance.
This leverage is safe . I mostly use 1:50 to 1:100 leverage. It is not much risky. I use only some margin from my capital . Brokers offer high leverage but using appropriate leverage is safe for a trader.
Trading involve many things it is not a luxury where you will just watch and enjoy earning . Here you earn as per your ability . It need many things to keep in mind before trading . Your analysis , capital and risk management are important.
There are different types of bonus brokers offer to traders. Some give free start up bonus , some offer bonus on deposits it had certain percentage . Another bonus is forum bonus that traders can use in trading.
You said right that we get profit mostly in demo and fail to get it in real trading . Real trading is really difficult to collect money . It had many reasons. We had more emotions in real trading . Capital also counts for profits which is low than demo in real accounts.
A truth about forex is that it is a risky business people think it easy to manage their amount but they are mostly fail to protect their amount . They use it without any planning and strategy that is why forex is not making money for them.
Yes you can make a living from forex. When you do full time trading you will avail every good move of market you can get some regular profits. I fulfill my all study needs from forex trading profit . Now I am earning more than a regular salary.
I do invest with HYIP but it was a total loss for me. I was very happy when get daily profit but after reinvest my amount it was vanished from web . I do believe on forex here I know my profit and loss that I am operating it no one is doing it. Forex is more reliable than HYIP.
I do not believe that any body can do good trading for me .If you are a good account manager you can do trading with low investment .It is funny that account managers charge on profits but are not shred in loss.
Stock market is difficult for common man . Forex is easy to understand and do for people .
Forex market works 24 hours , in stock we can do business just from morning to evening .
Forex is two way market here we get profit in both sides low or high market positions.
In start I do trust on technical analysis . It is best for new traders we can get trend and move of market from it. Now I try for news trading too. My main focus is now on chars that tell me right about market situation.
20 to 50 pips stop loss is safe . Stop loss should be choose according to the lot and capital . If you had a high capital and using low lot you can set stop loss at higher pips .
The best thing in forex is its 24 hours market which support all type of people. Part time, full time man . women all can enjoy trading at their time of choice . The second thing is freedom of trading we can use our account as we want .
You can start forex trading by reading on internet . It will trained you in knowledge. you will then do demo trading for getting trading practice. After it try trading in real account.