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uncle gober

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Posts posted by uncle gober

  1. As far as I know forex trading has substantial risk, the size of the risk can be seen from the leverage used, the greater the leverage used, the greater the risk, but the greater the risk, the possibility of profit would be even greater. For myself, for my trading, I use the maximum leverage is 1: 500 in Armada Markets, and to further minimize the risk, I always use a stop loss and take profit as part of money management that I use.

  2. Lots of practice and evaluate our trading is a great way to improve our trading skills. To test the ability of our trading, both the ability to generate profits, manage risk and money management skills, you can try trading with Armada Market and become Trader Of The Month. Each month Armada gives out a 500 USD prize to the Trader of the Month who shows not only good profits, but also excellent risk and money management skills.

  3. You can find a good forex broker recommendations from various sources, but before you invest your money, it helps us to find out more about the credibility of the broker is concerned, both regulations, customer service, security of our funds, servers, financial transactions and much more . It is better to try the performance of the server with the usual free account offered by the broker, like 15 EUR from Armada Market before we trading using our own money.

  4. agree with you, to be successful in forex then we need to learn and practice trading well. exercise is very needed in forex. Due to huge forex risk. For that, we need a lot of training and practice trading.

    Yes,Practice and experience is the key of our better success. without any experience we can not be succeed in this business. to become a successfully trader we should follow the trading rules. if we avoid that, then we can not be make a good profit. for develop our trading skill we can be practice demo regularly. demo is the biggest learning platform where we can be practice well and can be earn more experience.the other we can use demo contest to improve our ability. Demo contest are great to learn trading and you will even get a prize if you are successful. Currently I am participating in Armada Markets demo contest and link

  5. leverage is used depends on the individual trader. because every trader has different needs with leverage. this time I am more comfortable using leverage 1:1000 of instaforex

    each trader have their own opinion about leverage. for me leverage 1:500 is most comfortable when using it in my trade at Armada Markets. but for better, we must trade with fresh mind. this efect will be good to our psychology trading, and discipline

  6. I like scalping, In general, the best currency pairs for scalping are those that are not prone to very sharp movements, or if they are, such movements are less frequent. In that sense, the best group for scalping is the group of major pairs , the most liquid and least volatile one is the EURUSD pair. so i choose pair when trade in Armada Markets

  7. I think, Money management is very important and every trader should have proper money management to avoid their precious money from loss. Money management leads us towards successful trading. We can achieve our goals of success in if we have proper money management system.

    Yes, Money management is good for the trader. Although no deposit bonus is in small amount, it gives big benefits if we can use it as well as possible. We also can feel trading conditions of a broker which offers it. you can use 15 EUR welcome bonus to test Armada Markets.

  8. right broker is able to give us the security of our funds., so that we can be comfortable for trading. so, we can focus on our trading so that we will become more sophisticated trading. In instaforex, highly secure client funds

    good broker is a broker that can provide comfort and security deposit funds we earn. now with the segregated account, traders benefit by separation of the company's funds with client funds. it also occurs in the broker that I use ( Armada Markets )

  9. It is very excellent business as you have said that there are lots of buyers and lots of seller at the same time, we can do both things buy or sell at the same time so its very feasible for everyone who want to sell or buy and according to it can earn money if they hit a successful trade using their knowledge. Let's Try Armada Demo Cup 2014 : Forex trading contest with 20 000 $ prize pool

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