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Type: Posts; User: Nich

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  1. Thread: Forex beginners

    by Nich
    Replies
    22
    Views
    865

    High leverage and greedy lotsize are among the...

    High leverage and greedy lotsize are among the pitfalls for newbies. If you must succeed you need to work against this.
  2. Replies
    1
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    361

    Yeah, of course scalping is good, but requires...

    Yeah, of course scalping is good, but requires good attention and very low spreads.
  3. Replies
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    7,122

    This is true, trading with them comes with this...

    This is true, trading with them comes with this sense of security of fund with assured good trading conditions.
  4. Thread: Greed is harmful

    by Nich
    Replies
    37
    Views
    4,698

    Of course, in fact as you trade with little...

    Of course, in fact as you trade with little capital practice more on demo, before you try any strategy live make sure you try it out on demo.
  5. Thread: Forex beginners

    by Nich
    Replies
    19
    Views
    651

    Simplicity is key, one can stick with a simple...

    Simplicity is key, one can stick with a simple plan like having daily target, simple trading strategy and be very focused.
  6. Thread: Confidence

    by Nich
    Replies
    32
    Views
    5,960

    I couldn't agree more with what he shared, so...

    I couldn't agree more with what he shared, so timely. I learned this the hard way though.
  7. Thread: Fx Tpis

    by Nich
    Replies
    20
    Views
    664

    I wouldn't necessarily advise any newbie to trade...

    I wouldn't necessarily advise any newbie to trade using high leverage, unless you have mastered the market so well.
  8. Replies
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    44,024

    This days it's becoming a daunting task to find a...

    This days it's becoming a daunting task to find a credible broker honestly, it took a lot more than a friend's recommendation to sign with forexchief. I had to try them out on a demo later with a...
  9. Thread: Fx Tpis

    by Nich
    Replies
    20
    Views
    664

    The power of low spreads can never be...

    The power of low spreads can never be overemphasized, make sure they are low as it can be very frustrating if they are not.
  10. Thread: Forex beginners

    by Nich
    Replies
    19
    Views
    651

    It's also very advisable to use stop lose and...

    It's also very advisable to use stop lose and take profit, especially the stop lose as the market can go against you.
  11. Thread: choosing a broker

    by Nich
    Replies
    25
    Views
    3,501

    This is definitely one of the problems we have,...

    This is definitely one of the problems we have, we have to learn seriously, and have proper money management. Though my broker forexchief has a max leverage of 1:1000, I am still very careful with...
  12. Thread: The newcomers

    by Nich
    Replies
    4
    Views
    3,879

    It's also imperative to trade with a regulated...

    It's also imperative to trade with a regulated broker having visible offices and one with good number of years of experience.
    I would gladly recommend Forexchief to any newbie, they have very good...
  13. Thread: Greed is harmful

    by Nich
    Replies
    37
    Views
    4,698

    Honestly it's easier said than done, but we got...

    Honestly it's easier said than done, but we got no choice apparently as we must learn to control the emotions.
  14. Thread: Fx Tpis

    by Nich
    Replies
    20
    Views
    664

    True, but most times the security of funds is...

    True, but most times the security of funds is majorly or responsibility, we take too much and can't even control our emotions.
  15. Thread: New Here!

    by Nich
    Replies
    8
    Views
    962

    I agree and I have been working so hard to...

    I agree and I have been working so hard to improve my skills, today I joined a webinar on market structure, very impactful.
  16. Replies
    11
    Views
    744

    I couldn't agree, especially being disciplined....

    I couldn't agree, especially being disciplined. You have to be else you run off the market in a short while even with all you think you know.
  17. Very good points to consider, like the customer...

    Very good points to consider, like the customer support factor is very important because there will always be issues along the way. Practically one of the many things that attracted me to forexchief....
  18. Thread: Hi everyone!

    by Nich
    Replies
    7
    Views
    289

    Welcome man, I am sure you will learn so much...

    Welcome man, I am sure you will learn so much here. We also look forward to your impacts.
  19. Thread: Confidence

    by Nich
    Replies
    32
    Views
    5,960

    This is true, I think one major problem is greed,...

    This is true, I think one major problem is greed, we need to stick to our goals for each day no matter what.
  20. Thread: Fx Tpis

    by Nich
    Replies
    20
    Views
    664

    I agree, and one thing I have seen that causes...

    I agree, and one thing I have seen that causes problem too is lack of confidence in our abilities. But we want to always know that the key to overcome anxiety is to keep going. Build up courage and...
  21. Thread: Forex beginners

    by Nich
    Replies
    19
    Views
    651

    Exactly, and fortunately we have great and free...

    Exactly, and fortunately we have great and free schools now on forex trade, like the babypips school is one to start from.
  22. Thread: choosing a broker

    by Nich
    Replies
    25
    Views
    3,501

    So true, with one of the best customer support...

    So true, with one of the best customer support out there as I have noticed. They are amazing at rendering help and responding on time.
  23. Replies
    7
    Views
    2,883

    Honestly, we can't take away loses from the...

    Honestly, we can't take away loses from the market but the best we can do learn from them so we can reduce the loses.
  24. Thread: Forex beginners

    by Nich
    Replies
    19
    Views
    651

    This is true, but requires a lot of efforts and...

    This is true, but requires a lot of efforts and time from us to develop a workable trading system in the market. This is where most of us lack, we don't want to put in the work but want to earn.
  25. Replies
    25
    Views
    3,616

    Exactly, you can only recommend what has worked...

    Exactly, you can only recommend what has worked for you. It won't be good to recommend what won't work well for others, this is the reason why I always mention the ones I have traded with over the...
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