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    1. #41
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      Re: How To Earn Money From Forex Trading?

      To earn money in forex then we need to constantly improve the skills of good trading. Forex is a business that has a lot of risks so as to be able to get money skills, experience and knowledge are needed. For that we need to have a good preparation that will allow us to trade with a maximum

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    3. #42
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      Re: How To Earn Money From Forex Trading?

      To me, there are no much ways through which you can make money apart from you choosing to be dedicated to this business because if you do so, you will actually make yourself earn a huge some of money and also you have to believe in what you are doing because there is every tendencies that if you apply those strategies and observe all the protocols that is attached to forex trading but you end up not believing in it, then all you are doing is far from being achievable.

    4. #43
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      Re: How To Earn Money From Forex Trading?

      It is very important that every trader develops a system to protect against risks that takes into account all rules of capital control. If this system is properly constructed, then the trader will receive a stable profit.

    5. #44
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      Re: How To Earn Money From Forex Trading?

      If everything depended on the risk, the statistics of successful traders would be mirrored). .. would be mirrored).

    6. #45
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      Re: How To Earn Money From Forex Trading?

      Quote Originally Posted by Bulba View Post
      If everything depended on the risk, the statistics of successful traders would be mirrored). .. would be mirrored).
      Successful traders won't let people mirror their trades lol. They mostly will stay quiet and do their trading activity. When they come among traders they probably might troll with others.

    7. #46
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      Re: How To Earn Money From Forex Trading?

      I am no longer doing Forex trading due to the risk factor that is present. I am doing Binary Option trading and with FMbinary broker, it is seriously profitable especially with having 2-5% payout which is guaranteed. They also have excellent market updates; it is a type of service that keeps us aware of all the happening and we can trade without facing much difficulty while there are no charges on this, so anyone can use it for free of cost.

    8. #47
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      Re: How To Earn Money From Forex Trading?

      I don't have experience trade on binary option, I don't know whether this easier than forex or similiar to forex which also as risky business, only my guessing if risk always involved in every business, not except on binary option and forex, all will depending with each trader to manage these risk, forex trading maybe trade use stop loss or hedging strategy to manage the risk, but I don't know in binary option how to manage these risk.

    9. #48
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      Re: How To Earn Money From Forex Trading?

      Trading successfully is simple but it is not easy! Let me explain: The strategies are simple (they do not have to be complicated) but sometimes it's difficult to remain patient and disciplined, the left hemisphere of the brain (responsible for emotions), sometimes taking over

    10. #49
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      Re: How To Earn Money From Forex Trading?

      Yes simple tradiing is good for trader than use complicated systsem but don't understand, many beginner maybe they seeking perfect indicator as help tool, with practice trying many kinds indicator from simple moving average till indicator custom from third party, using indicator might useful but as trader need to understand rules and functionality these indicator.

    11. #50
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      Re: How To Earn Money From Forex Trading?

      just make sure before u start ur real forex trading u already have good preparation and have a good knowledge about forex trading, so it can help u to read the market, then u can make a good analysis to predict the price movement, to make ur chance to make profit getting higher.

    12. #51
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      Re: How To Earn Money From Forex Trading?

      It is very simple to make money from Forex trading all we need is to have minimum knowledge about trading.We need to follow the countries economies while we are trading.

    13. #52
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      Re: How To Earn Money From Forex Trading?

      Quote Originally Posted by Richard beck View Post
      It is very simple to make money from Forex trading all we need is to have minimum knowledge about trading.We need to follow the countries economies while we are trading.
      in forex trading business, many technique analysis that can trader do to predict the price movement, when u use the new like economic calendar that meant u use fundamental analysis, im just told u that fundamental is not alway working to predict the price movement, but sometime fundamental analysis can be the high impact for the price movement.

    14. #53
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      Re: How To Earn Money From Forex Trading?

      Quote Originally Posted by Gaban View Post
      in forex trading business, many technique analysis that can trader do to predict the price movement, when u use the new like economic calendar that meant u use fundamental analysis, im just told u that fundamental is not alway working to predict the price movement, but sometime fundamental analysis can be the high impact for the price movement.
      Yes right, sometime news fundamental seems no giving impact to currency after news has been released, but as early consideration if on the day will released news high impact as trader they can more concnetration although they based on technical anaysis, so if likely they make mistake to indentity the trend they can doing cut loss, but will better they use stop loss because often after news already relesed then movement pair more volaile and sometime trader want to closed order wil get difficulties due requote or slipage.

    15. #54
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      Re: How To Earn Money From Forex Trading?

      but place the stop loss is up to how good ur analysis, because sometime price movement is going wrong with ur prediction and getting back with fast, if u just place it with careless, u just getting loss again and again, keep trying to improve ur analysis is very important for any trader.

    16. #55
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      Re: How To Earn Money From Forex Trading?

      Quote Originally Posted by Gaban View Post
      but place the stop loss is up to how good ur analysis, because sometime price movement is going wrong with ur prediction and getting back with fast, if u just place it with careless, u just getting loss again and again, keep trying to improve ur analysis is very important for any trader.
      Yes of course as trader they will have own standart parameter to determine stop loss, still many trader use area support and resistance to put stop loss, which some of them might using fibo line level, or some another using average true range which this indicator measure average movement on certain timeframe,, stop loss is one feature to manage risk in trading.

    17. #56
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      Re: How To Earn Money From Forex Trading?

      Many traders start forex they had no idea how to analyze market or see support resistance levels these all things need a lot of practice to learn. Using of stop loss on reasonable pips is necessary otherwise trader should bear high loss. Indicators Charts and different time frames all these are tools that support traders.

    18. #57
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      Re: How To Earn Money From Forex Trading?

      Quote Originally Posted by pearl View Post
      Many traders start forex they had no idea how to analyze market or see support resistance levels these all things need a lot of practice to learn. Using of stop loss on reasonable pips is necessary otherwise trader should bear high loss. Indicators Charts and different time frames all these are tools that support traders.
      All trader they will analyze the market based on their knowledge and experience, using support and resiistance area still many trader use this type to analyze and as trigger to put target profit also stop loss target, so many tool in metatrader already available and as trader just need to use what kinds tool that will implemented on the chart

    19. #58
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      Re: How To Earn Money From Forex Trading?

      to earn money from forex then we need to be able to have a lot of good trading skills. skills are essential to be able to manage capital well. so we will earn money from forex trading

    20. #59
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      Re: How To Earn Money From Forex Trading?

      is not an easy way to make money in forex trading, where traders must have the ability, management and extensive experience. so traders can more easily generate profits, so traders can survive long in forex business with Instaforex broker.

    21. #60
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      Re: How To Earn Money From Forex Trading?

      because it is in the forex that will never have an instant, so traders can be better again in improving existing trading skills to be able to manage funds and risks with the maximum.

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