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Recent content by Justin009

  1. J

    Money Management

    Money Management is one of the central piece of risk management. I hazard 2% of my capital for each trade. Additionally, the most absurd prologue to hazard is 4%. It proposes I open most preposterous of 2 trades. I think everybody should keep up their danger organization rules. For my trading I...
  2. J

    Profit and loss is part

    Profit and loss is part and parcel of a business. Furthermore, in an efficient trading it is more obvious. To figure the P&L of a position, what you require is the position measure and by what number of pips the cost has moved. The veritable advantage or mishap will be tantamount to the position...
  3. J

    Passion is Important for anything

    Passion is Important for anything. Without passion success is not possible. To develop passion for forex trading you need to learn first. People start trading just learning how to place a biy or sell order and close them. It's not learning. Leaning means to know how to make strategy and how to...
  4. J

    For scalping you need...

    For scalping you need to discover your trading edge. By then you need to pick which trading methodology is best for you. True to say for scalping you need to be strong psychologically. Scalping is for expert people. But unfortunately novice trade love it more and washed away their account. I...
  5. J

    Most people come here

    Most people come here to get a quick rich. And too with very little investment whereas any other good business needs a large amount of money. Most traders treats forex trading as gambling. It is the consistent profits that matter a most. Monthly 3 to 5% return is huge for retail traders where as...
  6. J

    Starting forex trading is easy

    Starting forex trading is easy. You need a good broker and a little bit of capital to start trading in the forex market. You can start trading even with $100 capital. Most of the broker allows trading with this kind of little money. However, in Eurotrader, you can start trading with only $50...
  7. J

    Everyone has his or her own trading

    Everyone has his or her own trading style. It's astoundingly essential that if you are incredible then you are superior to normal and there is no strain to be taken, however if we are adequately awful at that point is the time when each one of these issues are talked so much and have any impact...
  8. J

    Emotions are the worst enemy

    Emotions are the worst enemy to traders. And we are emotional being. We have joy, fear and greed. When we make a good profit we become over joyous and when we make loss we become fearful. Sometimes we open a trade out of greed. All these emotions are in our DNA. With careful thinking we can...
  9. J

    Order execution

    To a Forex trader order execution is very important. There are many brokers that give repetitive reqoute while placing an order in their platform. It is the most irritated thing in trading. In my previous broker I used to face this problem. Then I decided to change my broker. Currently I'm...
  10. J

    In forex it is difficult

    In forex it is difficult to get success, you need to sit tight for it. No one can get accomplishment on forex soon after joining. Almost each one get misfortune in their initial stages and a few people get to hurt with it and give up. You ought to never pick this way,you need to attempt over and...
  11. J

    Suggestion Trading Box

    Forex is without a doubt a magnificent business and it's completely conceivable to get more benefit with this, yet we should simply buckle down and that is something that ought to do it for us, yet in the event that we're not sufficiently dedicated at that point disregard right analysis. I trust...
  12. J

    Most new traders think

    Most new traders think he is going to be rich within few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge...
  13. J

    Volatility In Forex trading

    Volatility (in Forex trading) alludes to the measure of vulnerability or hazard required with the extent of changes in a currency conversion scale. A higher unpredictability implies that a conversion standard can conceivably be spread out over a bigger scope of qualities. High instability...
  14. J

    BROKER APAKAH YANG PALING BAGUS MENURUT ANDA)

    There are two kinds of broker in forex market. One is dealing desk and one is non dealing desk. Dealing desk broker execute your request with re-quote and dismissal. That is chafing for a trader. That is the reason I pick a non dealing broker called Eurotrader. it execute my request quick...
  15. J

    Successful trading is all about good analysis

    Successful trading is all about good analysis and controlling your risk. There are some more important things to follow which include good strategy, good trading plan, professionalism and choosing the right broker. You can not get good result by trading in a poor broker. I trade forex at...
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