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Type: Posts; User: Ilkka Lenkkeri

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  1. Success remains a term only as long as you donít...

    Success remains a term only as long as you donít prepare yourself for trading. Try to grasp the trend of the market and use all tactics for capturing the market trend. Traders canít succeed from...
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    EAs are programmed the way it opens and closes...

    EAs are programmed the way it opens and closes trades following an indicator programmed into it. So, itís a little bit risky and the ultimate result is nothing in the end, which grows unwillingness...
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    In Forex, knowledge is basically earned by...

    In Forex, knowledge is basically earned by trading. If possible, then keep a mentor for help. However, itís badly essential for traders to have both fundamental and technical knowledge of the market....
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    Good analytical knowledge, reliable broker and...

    Good analytical knowledge, reliable broker and other things in the favor affect trading in many ways. So, a reliable trading broker is free of such issues and traders feel easy trading with those...
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    Among the mistakes that beginners mostly do, one...

    Among the mistakes that beginners mostly do, one is revenge-trading and over-trading. They do it in the expectation of making more profits but it harms them the most. However, traders should come...
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    Proper mindset of trading is needed because...

    Proper mindset of trading is needed because negative mindset always discourages traders about trading as a result traders canít survive in trading for long. You can take deep medication if your mind...
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    Appeasement about trading works when signals...

    Appeasement about trading works when signals donít go south. If traders can trade maintaining trading rules, they can earn profit on average. Traders should take these issues under their...
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    Traders mostly avoid fundamental analysis but...

    Traders mostly avoid fundamental analysis but they should know professional traders are most successful because of this fundamental analysis. Traders must see the market from fundamental viewpoint...
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    There are so many indicators available on the...

    There are so many indicators available on the trading platform and traders must pick two or three of those to follow at a time so that a cogent signal is found. Efficiency on the use of indicators...
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    Nice to know your part but,I always prefer long...

    Nice to know your part but,I always prefer long term trading to scalping. Long term traders can highly benefit from their trading, provided that they have a good forecast on the market. Long term...
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    In Forex business, good trading result depends on...

    In Forex business, good trading result depends on some criterion like risk managing crafts, money managing crafts and some others. A cogent effort should be given to turn every day a profitable day...
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    Then you can select the broker, where trading...

    Then you can select the broker, where trading spread is relatively low! Spread is a common topic among traders and it refers to the commission taken by brokers. Higher amount of commission is a...
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    Basically in forex trading, there is a variety of...

    Basically in forex trading, there is a variety of trading styles; one of those styles is hedging. It is highly popular strategy among traders. Hedging with forex is a strategy used to protect one's...
  14. In Forex trading business, itís very important to...

    In Forex trading business, itís very important to follow a profitable trading strategy so keenly! But the problem is, which traders are trading with a low trading skill, they lose their confident so...
  15. In Forex more than 95% traders are the losers!...

    In Forex more than 95% traders are the losers! Really, Forex trading isnít any easy way of money making! Here most of the traders are unable to earn consistent money! So, expecting easy money is...
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    To be very honest, it depends on your trading...

    To be very honest, it depends on your trading result, if you are getting a minimum standard trading result, then surely you can avoid the small losses! But if you face SLís consistently, then you...
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    In Forex trading, new traders need to understand...

    In Forex trading, new traders need to understand that, there is nothing like easy way of money making in this volatile business! As a result, new traders should start their trading journey by demo;...
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    Basically new traders donít try to learn from...

    Basically new traders donít try to learn from their trading mistakes! As I see, most of the traders focus on their earning part particularly! On the other hand, all of the successful Forex traders...
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    In my live trading account, I use almost all of...

    In my live trading account, I use almost all of the trading styles according to the market situation; scalping is one of my favorite trading styles! I basically use this short term trading...
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    I see, most of the genuine Forex traders are...

    I see, most of the genuine Forex traders are using low trading leverage, since they follow the money management rule so tightly; on the other hand gamblers use high trading leverage for high profit!
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    On the whole, new traders are confused on this...

    On the whole, new traders are confused on this viewpoint! And, a number of new traders try to make quick money in Forex, so they try to skip the learning process initially; but in reality Forex...
  22. Truthfully, when I was a newbie in Forex trading...

    Truthfully, when I was a newbie in Forex trading industry then I wasnít sure, on my future target in this trading market! I was so much puzzled on my trading, since I faced tons of losses in my early...
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    News trading is so much important! No doubt...

    News trading is so much important! No doubt Fundamental trading is difficult but itís not impossible at all! For me, I have my own plans on news trading! But truthfully, I use the lowest risk reward...
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    Nice to know about your demo trading experience!...

    Nice to know about your demo trading experience! Iím sure, you were so much serious on your demo, and this is the reason you are enjoying your live trading right now! By the way, how many months you...
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    Well, Forex trading is a flexible way of money...

    Well, Forex trading is a flexible way of money making; but to be honest itís not an easy option! You canít expect here easy money! More than 95% traders are unable to make money here! So, donít try...
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