supertrader

One can lose a lot more than 0.3% and remain profitable. One can lose 49% of their trades If all lot sizes were equal and still be profitable. Again duderex, you and gaban need to cease giving out really bad advice. We have many new forex traders and they may read your postings and actually do something wrong like take your advice seriously without knowing that you actually give a lot of bad advice on this forum.

 

 

Again, please stop these weird postings duderex.

Sorry if you are misunderstood me. its the risk I'm talking about!! 0.03 = 3% dont mix up the numbers, risk only as much as 3% per trade

Not sure where you come up with 0.3% as a figure. One can continue trading as long as their losses don't exceed his winnings. One should continue with their job and trade at the same time. I don't recommend that anyone quits their job if they can trade at the same time. Only when one becomes very skilled and they trade part time for several years, do I recommend that they start trading full time.

It's my calculation of monthly profit. I set the target of how much I want to earn and that's the lost percentage of my profit.

Educated means you know the basic of Forex trading and able to apply it on trading.

EA means money wasting. As robot has never be able to help you in trading. Instead it misreading the chart more than human.

I do not say they do not need to practice with a demo account, just make it clear that a demo account is not mandatory and no one obliges a newbie to use a demo account, if you really want to use a demo account to practice, please. But if you do not want to use is also not a problem. It's just the risk borne by themselves. All options in the hands of traders themselves. We as traders have experienced it is more suggest to use a demo account. Suggestions can be accepted or ignored. Maybe you are too smart to understand what I mean, a trader who still have a lot to learn, so there is a different perception.

Practice can help you to see your own skills in trading. If not practicing, you will not be able to see your own skills, and able to calculate to earn the profit. I was like you before for not taking chance to practice with demo account. I end up treating trading as another casino game. Learn, practice will resulting you in profit.

Here are 5 practical tips to help you learn to be productive and control your emotions:

1. Learn Something New About Trading. Maybe you have wanted to learn more Iron Condors or Credit Spreads, or maybe you have been wanting to learn more about RSI and MACD indicators. Well, stop thinking about it and schedule some time to sit down and do the hard work – pick up a book, get some coaching, watch a video tutorial.

2. Perform Some In-Depth Market Research. You have to be curious about something that’s happening in the market right now right? Down times in the market can be great opportunities to do some intense market research.

3. Paper Trade Until You Fall Over. I STILL paper trade each week. I test out new strategies, new indicators, new ideas with paper money first before I ever put real money to work. Focus on a particular setup and paper trade it on a simulator 10 or 20 times. A great new tools is thinkorswim’s ThinkBack trading that allows you to “replay” an entire day of trading just as if you were reliving it all over again!

4. Write A Trading/Business Plan. If you don’t have one you need one and if you have one you need to revise it monthly. These can always be improved. Take a section of your plan and think carefully about how you can improve it, and then do it already!

5. Analyze 5 Completely New Charts. Pick out stocks or ETF’s you’d like to trade and analyze the charts carefully, making a list of the bullish and bearish reasons to trade it. This will help you think carefully about the trade and remove your emotions completely after making the list.

I have traded with bigger lot with the hope to earn more money but my money got burn very fast. I think you shouldn't trade in high leverage.

You need to learn how to trade first before you are start trading. If not, you are gambling with your money, even if you are putting with low leverage. For starter, you need to practice with demo account first. And you trade with the lowest leverage. Raise up your leverage only when you are able to minimize the lost up to 0.05% lost.

To certain extent, it is gambling. I never come across any entry signals that can give 100%, even 70% or more accuracy in market movement. Despite of this, I can still make consistent profits from my MM, Risk Management & Exit Strategy..:)

It means you still doesn't understand the real trading skills. My suggestion is, if you don't want to learn how to trade properly, you better back off, and don't trade. Coz you are only wasting your money. And as you can't earn, you'll be in great distress.

Another strange posting... traders DO get greedy. The idea situation is for a trader to not get greedy unless the movement is predictable. You are making a lot of strange and incorrect statements throughout this forum. Consider getting the facts straight before posting.

The movement is predictable. If you learn how to read chart well. If you can't read up to that, you have not learn enough. Don't give up, you can reach that level sooner.

Yeah, we need skills to make analysis about market movement, not luck. If we trade only rely luck, we should not trade, because we are only going to spend money in forex.

True, beside, there's no luck in life especially for job and trading. Except for casino. Cos trading is like a job for us.

Forex trading has nothing to do with luck.

and guessing. but it need skills and hard work to learn and practice.

Banyak sih broker yang ada hangseng. Saya tradign di Saxo dan mereka menyediakan 3 cara untuk trading Hang Seng:

 

1. Hang Seng Futures

2. Mini Hang Seng Futures

3. Derivatif Hang Seng. Kayaknya CFD

Minimum investnya brp?

Yep, it should indeed we do so that we can get maximum results when trading. It would be very risky if we are trading with emotions that are not stable because it can create an account we are exposed to a margin call.

True, but not making our emotion as an enemy. If our emotion is an enemy, then we aren't allow to cry, be happy, be sad, feel glad, etc. Then human being is a robot.

Forex is one of the popular business among the public. But not everyone is suited to this business, and not a few people who decided to trading. Only people who have mental strength, which can survive in forex so they can enjoy the result of his labors.

True, only those who are willing to learn and practice hard. Without those two, it's difficult to be a trader.

We will not be able to get 100% profit every day in forex, because the movement of the market we can not predict with certainty, we can not rely on luck only in forex. This is different from gambling.

True, as long as you can minimize the lost during trading, that will be sufficient. But not treating Forex as gambling. Gambling and trading is absolutely, definitely different terms.