Recent content by FarhanFx

Another one Getting away with big money. I must say that we should not put big money in one place. Just diversify your portfolio to be safer.

Sad to hear that you have lost money with them. This market has created so many opportunities for everyone to make money and this cannot be 100% free from scam brokers. So I am doing my due diligence before putting big money in any broker.

If I am not making at least $2000 from this account then it is bad trading by me. On good months, I can make about $5000 to $8000 from this account. This is all about money management and exiting trades at right time.

The best thing that give me happiness in forex market is when my trade goes in profit right after placing my orders. Then this happiness doubles when the trade hits TP.

I think 100 pips is right target for anyone who want to make serious money. 20 pips per day is great for me if I can do it regularly. Then just scale up my lot size and money will rain.

Yes, we need both. It's always good to have good knowledge about a particular thing to gain experience in that. In forex it's a must we have more knowledge about how everything works because we are going to invest our hard earned money.

Seriously it's a very difficult thing if I say to be very honest. Trading is possible by all means but the result will be very much going to depend upon your luck and that is almost like gambling and remember always that forex is not gambling for the professionals.

Both are mandatory in the field of forex and both stay hand in hand. Without experience a person never become a good trader and without knowledge he cannot enter forex.

Without educating yourself you never will have the experience. Even if you have it will be a wrong one. So education is the main important criteria for experience.

Yes i started with forex. Because I saw better opportunities with forex than other commodities or shares. But equally risky as well. But so far it's good. Have made many mistakes and still learning

The best move in forex should be good knowledge in trading and patience. If you have these both then you will know what to do exactly when it should.

Yes you can trade. Trading can be done even in 1-60 seconds also. But no one can give you the guarantee that you will have a profit or loss. It will be your sole responsibility to make sure that you want to do it.

Consistency comes slowly by doing a very managed trading with lot less greed on the profit and stick to a master plan to have a specified amount only on a weekly or daily or monthly basis even though they can get even more but just don't want to proceed any further and for that need very high...

The main two reason is the biggest of all. No knowledge in trading and fear of loosing. If a person have both of this then they will definitely don't want to try forex anytime.

If MT4 goes offline suddenly during short term trade, then it's a dangerous thing to overcome. Becaus we can't predict what happens in that time of a trade if is open and you want to close it but you cannot. Be away from such brokers.