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uncle gober

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Posts posted by uncle gober

  1. I think Forex forums have great importance to get knowledge about Forex because we can not succeed in Forex without knowledge and skills about Forex.

    And more exciting news is we can get all that for free. As we know, that many also provide forex training but of course paid, and in the forums we can get for free.

  2. Forex isn't a place for gamblers; it's a place for traders; it's a place for business persons who don't see FX as an easy way to riches, but rather a business which you build consistently; on a solid foundation.

    Absolutely, forex is not gambling, we will never succeed in forex when we consider forex as gambling and trying to make a profit with chancy. We need a strategy and the ability to analyze the movement chart.

  3. Making Consistently Profit in Forex? Try this step :
    1) Focus on trading, not just on making money
    2) Learn that NOT trading is part of the game (Being out of a trade is a position)
    3) Become organized and disciplined
    4) Take a longer-term view of what “success” means
    5) Develop a strict daily trading routine to develop positive trading habits

  4. Actually you only can make withdrawal your profit as much as 15$. Ithink this is a good way to try the real trading wiht armadamarkets, without you need to make any deposit. They are currently the top forex broker for tick scalping EA's. Perfect trading conditions for scalpers because of the low spreads.

    It's really make satisfied, right?

    How much leverage do you use for scalping? I can use leverage up to 1:1000 in InstaForex

    Armadamarkets offering me 1:500 . But it's enough for me. The best I can get from this broker are tight spreads, superfast execution, no requotes, positive slippage like armada markets. This is important for your trading.

    FBS offering 1:500. with market Execution the time execution is under 1 sec, no restriction trading strategies, no restriction scalping strategies, news trading are allowed, and many benefits trading from fbs

    I get a fast execution too using armadamarkets. But the most interesting to me is the spread. I get a tight spread, really suit me as a scalper.

  5. Yep, we can get many additional knowledge from active in forex forums. Don't worry, when you get confused, that's a sign you're really serious about learning.

    Yeah, and we will also get trading experience that give valuable lesson for every one who wanna learn from it.

    experience has always been the best teacher for those who want to improve themselves.

  6. Actually you only can make withdrawal your profit as much as 15$. Ithink this is a good way to try the real trading wiht armadamarkets, without you need to make any deposit. They are currently the top forex broker for tick scalping EA's. Perfect trading conditions for scalpers because of the low spreads.

    It's really make satisfied, right?

    How much leverage do you use for scalping? I can use leverage up to 1:1000 in InstaForex

    Armadamarkets offering me 1:500 . But it's enough for me. The best I can get from this broker are tight spreads, superfast execution, no requotes, positive slippage like armada markets. This is important for your trading.
  7. Use demo account is the best way to learning without risk. In this case to learning about the trading sistem. But next step we also need learning and practicing for the psychology, so using a real account will be better. But make sure to make deposit in less margin.

    I agree with you. It is important for beginner to use demo account rather than using real account. After having good knowledge and experience, traders can invest money without any risk.

    having good knowledge and experience are not enough, make sure we are discipline and always managed our emotions when doing forex trading.

  8. Forex is a global decentralized financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock. The Forex market determines the relative values of different currencies. Forex market has been referred to as the market closest to the ideal of perfect competition, not with standing currency intervention by central banks.

  9. In the forex market, you buy or sell currencies. You can make money when you are pofit :D

    I am sure we can't ALWAYS make a profit at Forex in every trade. There are too many non-predictable events that can impact the market on a daily basis. It is the nature of the market that you will have some days with gains and some days with losses. But if we can discipline, patient, we can make weekly or monthly accumulative profit.

    Yeah, we can earn profit by buying and selling but not just buy and sell only. We need to make analysis to know when the right moment to open position. And right, we can't always make profit in forex, but the most important is our final accumulation.

    yes, the essential is the final result. make sure we have weekly or monthly accumulative profit. :)

    Trading, like any other profession, is an acquired set of skills that you must take time to “Learn” – in order to be successful.

  10. The Forex market, like other securities markets, negotiates prices using a bid/ask system. A seller states an asking price and a buyer makes a bid. For wholesalers (banks, governments, and large hedge funds) the "spread" between bid and ask is usually only 1 or 2 pips. Retail brokers mark the spread up 3 to 20 pips and keep the spread as their fee instead of charging a commission like stockbrokers. The Forex trader tries to anticipate which way the currency exchange rate will move and "goes long" if she thinks a currency's value will rise against another currency. He "goes short" if he thinks it will fall. When Forex traders guess right and the change exceeds the spread, they make money.

    Happy trading! I suggested you to used a best forex broker like armada markets.
  11. Forex or Foreign exchange is the buying and selling of currency pairs with a view to make profits. Before starting Forex trading a beginner should follow these two basic rules to be successful
    1. Learn and practice Forex trading.
    2. Chose a right broker.

    Yes, two basic rules that need to followed by all traders.

    • Learn and practice Forex trading, because trading, like any other profession, is an acquired set of skills that you must take time to “Learn” – in order to be successful.
    • Chose a right broker , because we need a good broker that support us with a good service.
  12. The Forex market, like other securities markets, negotiates prices using a bid/ask system. A seller states an asking price and a buyer makes a bid. For wholesalers (banks, governments, and large hedge funds) the "spread" between bid and ask is usually only 1 or 2 pips. Retail brokers mark the spread up 3 to 20 pips and keep the spread as their fee instead of charging a commission like stockbrokers. The Forex trader tries to anticipate which way the currency exchange rate will move and "goes long" if she thinks a currency's value will rise against another currency. He "goes short" if he thinks it will fall. When Forex traders guess right and the change exceeds the spread, they make money.

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