Recent content by AlecR

Even after much experience one can not get as much profit as he planned. It all depend on many factors and most important of them is market move and chasing it and also acting according to it. May be you will win a great amount with small investment. On the other side a big investment is not a...

It is night when you are making consistent profit on real account with small investment you can decide well how much more time or practice is desired to handle with some big amount. One should gradually increase the capital that will give you confidence and security and you will not become much...

Traditional call centers are for specific purpose and to deal with their product , we can get info from there they guide us and do much which they can to satisfy our questions. Forex call centers are for forex promotions and main propose is to increase the clients. I never get any help for...

It is your decision to invest an amount for real trading but be careful in start until you do not have a some experience of live trading not invest a big amount. Investing and loosing is very easy but chasing loss or recover your loose money will be a big challenge for you. As much learning you...

Any technique can be successful for a time period, nothing is a permanent rule in any work so a trader ha to find out new techniques which he can handle easily. It is not necessary to follow built in techniques. You can blend different ones or develop something new which is more supportive in...

It is totally optional to use any strategy , it can be helpful or not , only several practice on it can tell its efficacy. If you see it can give better output you can choose it or avoid to apply when it is not giving profit . Strategies are never static or lifetime for traders. One day you...

It is reality that we have to live with losses in forex trading. Forex trading is not a loss free business. Some losses are bearable as a routine matters. But for big losses traders had to learn how to reduce them in future, they have to either change their strategy or get more experience in...

It can be a money losing factory as well so you need to manage your risks well. It is all about probabilities. You should be able to remain on wining side more than 50% and you will see money.

Win or lose is your own skill , it is not on market that it will give you profit. It is a trader who decides at right time to trade as well he has to plan for risk management. Actually he faces many challenges when he is going to trade in live market. he has to save himself by efforts from risky...

To find excuses for your failure is not a good approach, bad performance is nothing strange in forex market . One can overcome this weakness with practice and regular hard work. If a trader blames market he can not go ahead to learn the exact skill in trading. Good way is to accept what you did...

Banks are not the only way to do business with. As time passes many new things enter this world some old things are outdated. I personally do not rely just on banks for investment, You just bound your amount and are handicap by what banks will give you, you have to accept. There are many options...

I like the idea, when we loose we had a very different mind set our next decisions about trading may not right so if we take a short break it can be helpful to refresh our mind. A trader can think positively when he cross that critical period and sees where he was wrong . He will then try to...

Forex has bright and dark two sides , It is not just a profit taking business. You can get profits but not all the times it is your share. You have to face loss as well as face different challenges, ups and downs are there in forex trading. Forex can be a money produce business for a trader when...

I know one thing that if a trader is passionate he will finally develop the right mindset and approach towards trading. With the wrong mindset, no one can survive in the market because this thinking will create a stressful situation and trading can not be successful with stress. There should be...

There is a need to know how these indicators are used in trading. then you can get benefit from it. Beginner traders should keep their focus on learning and practice after it they will feel now trading is not much difficult for them.