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Type: Posts; User: Hev_Leo26

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  1. Replies
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    1,153

    It's definitely risky, but there are some ways to...

    It's definitely risky, but there are some ways to manage that.
  2. I think it offers a good opportunity, IF you...

    I think it offers a good opportunity, IF you spend the time learning and take your time.
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    1,097

    Agree with you. Trading on a demo account through...

    Agree with you. Trading on a demo account through a broker is the best hands on tool, but you can also find a ton of free resources online if you simply look for them. Everything people need is out...
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    2,223

    In the short-term, demo trading, staying on top...

    In the short-term, demo trading, staying on top of current events, learning new things, reading articles, etc. can help a lot. You could also try things in everyday life to help with areas like...
  5. I started with a $10 deposit. Yes, I know it...

    I started with a $10 deposit. Yes, I know it wasn't much, but I was pretty broke and anxious at the time so it helped me feel more comfortable and I slowly added to it. I do think $100 is a good...
  6. I don't think anything can top personal...

    I don't think anything can top personal experience over time. If you blow an account or make some bad trades, it definitely humbles you quickly and makes you think more about managing risk and not...
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    725

    I think the flexibility makes up for the risk in...

    I think the flexibility makes up for the risk in some way. I don't like not having a guaranteed paycheck, but trading has been a blessing for me because I have to stay home with my kids. Now, I get...
  8. Replies
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    5,293

    There's a lot of free info out there, but so many...

    There's a lot of free info out there, but so many fall for the idea that trading is an easy way to make money. A lot of it is just laziness, they want to make money without doing anything, then they...
  9. Replies
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    9,052

    Trading definitely helped me out. I started doing...

    Trading definitely helped me out. I started doing it because I got married and we had 3 kids close together, so working was sort of out of the question for me for a while. I realized that I preferred...
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    Most of my friends actually use the Facebook...

    Most of my friends actually use the Facebook messenger. Only people I've met online use Telegram/Whatsapp. Also, Skype is popular for work stuff.
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    Low spreads are always a plus! Although I prefer...

    Low spreads are always a plus! Although I prefer the 0 commission account setup myself.
  12. I think your results are based more on solid...

    I think your results are based more on solid facts. How long you've been trading, intelligence, practice, time spent staying up to date on current events, strategy, and so on. However, I do often...
  13. Thread: New Here

    by Hev_Leo26
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    405

    Hi Lea! I'm pretty new here myself.

    Hi Lea! I'm pretty new here myself.
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    I've always hated the get rich quick...

    I've always hated the get rich quick misconception about forex and feel bad for the people that come to it thinking they're going to help their family or quit a job they hate within a few weeks. It...
  15. Thread: First Step

    by Hev_Leo26
    Replies
    5
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    259

    Sounds like you're thinking realistically, that...

    Sounds like you're thinking realistically, that will get you far in this field! A lot of people are in a rush, which is understandable, but I think realizing the difference between short-term and...
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    Losing sucks, nobody likes it, but I agree with...

    Losing sucks, nobody likes it, but I agree with you.
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    6,507

    Losses are inevitable but not the end of the...

    Losses are inevitable but not the end of the world, either. Successful traders have to know how to shake it off, learn from mistakes, and move on.
  18. Trading is like riding a rollercoaster, lots of...

    Trading is like riding a rollercoaster, lots of ups and downs. The bad days suck but successful traders have to dust themselves off and move on from them, or else they'll wreck your trading career.
  19. Replies
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    Certainly up to the trader and it's good to have...

    Certainly up to the trader and it's good to have access to high leverage if needed, although you do need to be careful when using it.
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    A lot goes into choosing a broker and there are...

    A lot goes into choosing a broker and there are several reasons why you need a good one. Just for starters, you have to consider how many people have been scammed out of thousands for simply not...
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    Trading somewhere reliable that offers the tools...

    Trading somewhere reliable that offers the tools you need is definitely crucial for success, I agree there.
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    417

    Risk-management helps traders to put a cap on the...

    Risk-management helps traders to put a cap on the amount they could lose, which also adds a sense of safety. I think being familiar with all the ways to manage risk (like using SL, being careful with...
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    I think it's great to have high leverage...

    I think it's great to have high leverage available to you (because 1:30 leverage caps are extremely limiting), but the individual trader needs to know when and how to use it. Beginners should always...
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    3,438

    Too many good brokers out there to waste your...

    Too many good brokers out there to waste your time and become frustrated dealing one that doesn't live up to the picture.
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    709

    Trading on demo is a crucial step, otherwise your...

    Trading on demo is a crucial step, otherwise your bound to make countless mistakes and throw money down the drain. Every time I see a beginner asking if they actually need to do demo, I come to the...
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