Recent content by Kokomaster

Using appropriate spread and lot is important for managed trading, Never be emotional to get high profits because you have to bear high risk in it, All trading is in the hand of a trader, nobody can stop him if he is going to use risky ways. An easy way is to use stop loss to limit your loss at...

To depend just on the robot is not a good practice, it will make you dependent and handicap that you will not be able to work independently. robot trading can be helpful for some times, it is not reliable for routine practice. If someone has a lot of money and can bear heavy loss he can do...

Early losses are important because traders not got imaginations and not expect high from trading, These losses compel traders to see their mistakes if they want to go ahead. All the time mistakes are not bad they are good teachers for you. As we talk about newbies they definitely do mistakes it...

I like your profit target ratio , traders should not set high targets in trading one can make 5 % t 10% profit every month if he is a practiced trader. And it is otally on your capital size. you can not make $200 with a capital of $500, However it is possible with a bigger amount when you will...

It is right go to live account with enough practice on demo account , Many of confusions can be settled down with practice of trading. First confusion of forex is how much you should invest , it is totally your choice and affordability . You can deal with demo in small amount it will give a...

If you are enjoying, that is great and it means you are learning the process. Any profit made while learning adds to your enjoyment for sure.

If I talk about myself being addicted to trading, I can say YES because whenever I tried to stay out of market, I could not resist it seeing the charts and trying one more time even if I blow my previous account.

You did right for doing it for 3 months as it takes time to know and then practice some of the basic tools of Mt4. Then you should not leave demo because you will need it to study new tools and strategies in future.

I will say 4 to 6 months of demo trading is suitable for traders. Just 2 months are not enough. They can know forex market in 2 months but are not fully trained all about risk management, plan and using different strategies for good trading. For this they need a purposeful trading practice for...

Yes there is a need to remain careful never faith blindly on any broker even you are doing good work with them for a long time. Always remain conscious about invested amount . It should be just necessary investment not all your saving put with the same broker. It is a matter of money they can...

Exactly, trying too many things will create too many doubts in your mind. We only have to focus on 1 trading system and practice every day to improve entry and exit points and ultimately we will develop a system that suits our style.

Any trader that is not good in planning he will also poor in money management. These two things are related to each other. A person who cares about plan and management in daily life he will certainly use his trading capital in a wise manner or he should learn this thing from practice . Forex...

The fear factor will only go when you trade daily on real account and set your exit points. Without setting exit points, you will not be able to trade with confidence. This is plain simple fact.

As we work in the forex market we draw many n plans and ease prior ones, Here are many ups and downs while trading until we not loose we do not learn the art of risk management. as a starter, I blow up my account once it was a small investment I used high leverage and don't know how and when my...

Beginner traders have less knowledge as they not pay attention to all aspects, news, calendar, charts, and analysis. They show less effort and want more profit in return. They should give time to market so that they give them their share. Second thing is to admit their mistakes it will give them...