i’m trading with what’s called “on the house” money. since i’ve already withdrawn my initial capital after just 2 months. I think its not a good thing to teach forex lexatrade website to newbies. A teacher and a student scenario won’t be effective. The internet if full of free forex education. Let newbie learn by themselves in the beginning.
this is important for money management, and most newbies, don’t even know money management. we’ll, that could be acceptable, but as you progress in your trading career, make sure to factor and master money management. In a few minutes I will merge this into the FOREX thread, where other people might be able to give more informed opinions than I. I have no experience with either of these platforms.
If your going to play with forex you need to have a lot of patience and self-control dahil mas malakas pa itong gumalaw kaysa sa stock market. It’s not for everyone but if you can come up with a good strategy then you can really make some good money here. As of this moment, it is for invites only. And we need people who are passionate about trading and willing to share their knowledge.
I don’t think Manny Pacquiao can make someone to be a world champion. They can teach them the way to train and the discipline. Same way, no market expert can make other people the expert in trading.
From April up to now, I let my investment slept in my bank since UTIF now is really in bad shape. You have big dreams and willing to experience the ups and downs of the market for the potential of great returns. Keep your motivation and optimism, don’t forget to regularly monitor your investments and I’m sure you’ll lexatrade official site reach your financial goals. For today, let’s take a similar quiz, and see what type of investor you are. It’s just 5 questions, so please take the time to take the quiz. I’m inclined to invest sa LexaTrade as of the moment and wait for 6 months. It makes me suspicious about the credibility ng broker na yan.
Your training is not sufficient enough. In this page, you’ll learn the basics on how to trade forex.
You are willing to risk short-term losses for the prospect of higher long-term returns. Maintain that healthy attitude and keep investing. I checked out one of your recommended brokers – IronFX and the minimum funding is $500. I am not sure I want to risk that forex news today much yet. Please share your results below, because I’d like to get to know you better, so I can write more investing articles that suits your profile. for newbies, don’t be scared of forex. i also trade stocks, but i love forex more due to it’s liquidity.
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A community where we guide each other and help each other to succeed. But for a first time investor, the best way to play in the stock market is by cost averaging. This means that when you buy stocks now, hold it for at least 5 years. Over the course of those 5 years the market will go up and down but don’t worry. After your holding period, when you decide to withdraw, regardless if the market is up or down, you will still be at a gain because of cost averaging. forex trading is knowing who is winning, buyers or sellers.
I would like first to say thank you for this blog that you created to help us new comers in forex trading. The horror of my past forex experience. I wish I studied first what is forex trading all about before I ventured in way back. Now that I learned my lesson, My first formal forex education is last year when I came across babypips.com. From there I created my trading plan, system and journal.
- It is true that it is hard to trade forex specially if you are not well educated or trained to trade a very volatile market.
- , I just want to share what I am using now, so far I am earning some money.
- It’s not for everyone but if you can come up with a good strategy then you can really make some good money here.
- we’ll, that could be acceptable, but as you progress in your trading career, make sure to factor and master money management.
- I’ve done foreign exchange before, and it’s very hard to trade on the Foreign Exchange market.
- They can teach them the way to train and the discipline.
Let us share this wonderful opportunity in forex trading to help others to succeed and reach their financial goals. to those aspiring to trade forex, even stocks. the holy grail here, i believe it to be true as well in any industry, is discipline. lack of discipline is an invitation to financial ruin. the secret in forex lies in money management. free trades are a must in this market. Forex and CFD’s are leveraged products that carry a high degree of risk to your capital, and it is possible to lose more than your initial investment.
lots of impulsive moves, while from sydney to an hour before london session are more of corrective phase, more on low range. I got ripped off by a scam broker recently it was difficult to get a withdrawal after several failed attempts. I had to hire a recovery solution firm to get my funds back. You’re driven and passionate about wealth, and willing to risk whatever is needed to achieve your financial goals. As long as you’re properly protected with emergency funds and insurance, then you’re okay in my book. Also, kindly share this quiz to your friends, because I know they’ll thank you for it. the chart paints all the fundamental pictures, cuts, rates, etc. the way i do it is i stay away from the market during news events.
i never used retail brokers since i never wanted to trade inside a sandbox. I’ve done foreign exchange before, and it’s very hard to trade on the Foreign Exchange market. I have no personal experience with LexaTrade as I’m happy with my brokers. I saw their ads on facebook and I do not particularly enjoy it.
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I want to make as much as is reasonably achievable in the shortest time possible. I understand high reward carries high risk. It’s important to be as honest as possible when filling this up. Because it greatly helps the investments officer to properly evaluate what type of investor you are. i usually just watch what happens after the ny session since that is a benchmark of how the asian session will go. new lows and highs are often established on the london, london-ny overlap.
They can only give guidelines, more than 90 percent should be done by yourself,” he said. I am a progressive investor with the help and exposure from my Ready to be Rich subscription. I was driven by his day to day blogs and started investing in UTIF last January, broker 2013. I reaped my first fruit by April and re-invested again. Since, I was on my first move of investing I took for granted the Emergency Fund with confidence that I am still have a job. Secondly, taking for granted the sayings “dont put your eggs in one nest”.
, I just want to share what I am using now, so far I am earning some money. Dont worry because you can refund your money back guaranteed in case your not satisfied.
Mark So a successful Filipino forex trader and teacher will be giving a forex orientation that will surely help you get started in Forex trading. It will be this coming Saturday, Feb. 9, 2013 at the PSE Ortigas. Check out the event website at topforexseminars.com. Be educated before you trade forex it will save you a lot of time and $$$ for sure. Forex Club Asia will conduct a Forex Orientation on March 16, Satuday, 2-4pm at their office at PSE Tektite Ortigas, Pasig City.
Just want to share my not so good experience. I came across your blog and saw that 60% of becoming profitable is coming from money management. That is my weakness as I have a lot of questions regarding with this matter. If you don’t mind me asking questions regarding this. I am sending you a message through your contact webpage but it seems that It is not working so I posted it here. It is true that it is hard to trade forex specially if you are not well educated or trained to trade a very volatile market. To get anyone started it is highly recommended that you educate your self and if possible get a mentor to help you out when you are starting.
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Leveraged trading may not be suitable for all investors, so please ensure you fully understand the risks involved and seek independent advice if necessary. forex I’m creating a community for traders and investors. A community where all the members share ideas and experience about trading and investing.
In fact I do very little foreign exchange trading and all of it is done the crude old fashioned way – by selling one currency to buy another . “I told my employees, if you come here thinking that I’m going to teach you the trading secret that can make you a millionaire, you’re wrong.
second, you should know what a liquidity provider is and it’s importance. many people who dive to forex don’t even know what a liquidity provider is. Watch their training videos to understand the basics of their trading strategy, it’s absolutely free. You must have a different mind set if you want to do foreign exchange trading. Hello everyone, looking for the right automated trading platform?
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the biggest risk is when you trade lower timeframe charts when you’ve yet to succeed trading daily charts. then comes margin, leverage, lot size.
another thing to consider is the type of broker. try to google for their advantage/disadvantage.
You will learn more about forex trading and you will know if forex trading is for you. forex trading can be rewarding, but requires lots of discipline. i’ve been trading forex for almost a year now. started with an ecn broker for just $200.
MANILA, Philippines – Forex trading investors are being warned against scams that lure in investors only to rip them off of their hard-earned money. Thanks and I look forward to your insights about your experience with Forex trading. After evaluation, they can now suggest the most appropriate investment that best suits you and your financial goals. This is basically a series of questions that ask about your current financial status and income capacity, among others. Whenever you open an investment account, your application form usually includes a risk-profile assessment exam. surprise to know nga mo allow na ang pldt karon for reverse phone lookup.