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I agree with you. We must forget about perfection as market is not the place where somebody can become a perfect trader. It is better to think about flexibility because forex market has no direction and it moves up and down and trader should be flexible in order to follow the market. Concerning 1 dollar investments, so it is very childish.Quote:
Originally Posted by Toyen
We have face risk always in this market if we want to earn safely from it that is very limited opportunity to trade so we have to make our plan well and with the learning we use our strategies we should build good plan and with better learning we should achieve success , small capital is always bad source to take risk and make our plan for success .
There can never be a perfect market and the earlier we forget about it, the better for us. To trade the market with the best interests of the trader is for us to be realistic on what the nature of the market has to offer us. We can know this through our learning in case we are ignorant about the market. The success we can achieve is to our best interest when we are good.Quote:
Originally Posted by Krosneles
There is no magic in forex so we should not be wasting our time trying to invest 1$ and use it to make huge millions of dollars when we trade. We should be extremely careful because by trading with such low capital, we have a bigger odd of easily loosing up such capital in no distance time. If a trader treats this business seriously, he will invest better amount to be able to achieve better target when they trade.
I believe only 1 percent of traders out of 100 will make to make some money with 1$ and that will be luck because to make profit with 1$ isn't just easy it will require a lot of luck to be possible, 1$ as we no is too small and a lot of people won't go anyway before they blow this capital, so the idea of investing 1$ to trade is not good at all.
Personally, I have used 1 dollar in cent account and it was when I have seen a very risky trade opportunity but I have been afraid to use my normal trading account and normal size lot so I have used my cent account just to see if I have been right. Sometimes I have earned cents, but the main purpose of my 1 dollar account is not to do emotional trading on standard account. Cent account is something like I want to do smth but I can not do it on my big account so I do it in cent account.Quote:
Originally Posted by Eneregha
If we are understand the use of normal volume in this market so it will help trader to make our plan better and our risk will be limited , then we easily used any type of account cent account or pro account the thing which is very important for trader to be understood it will be possible through the best learning and for best trading opportunities .
We should not think like that, that by investing a dollar we are going to become millionaires, it is very absurd target here. I think many trillions of traders across the world have been trading in Forex, but no one has every achieved this kind of target given here. Forex is indeed a good business but here whatever we trade should be carefully planned and based on analysis.
It is best not to invest in the live account, if all you have to start trade with is 1$ dollar because that investment is not enough, and you can lose it under a second, so there is no need for you to invest such amount and expect to make huge money from it, such dream can never be achieved, so it will be better you don't invest that money at all.
This is really crazy and very risky I hope that you will succeed in this challenge and if it is difficult if you do not have enough experience and knowledge of good analysis it will be disastrous and the losses will be great important i hope to succeed and wait for your reports maybe I already do the same if you succeed why not