How to Start with Demo?

In my Previous post I told you to start with Demo and do it really well. This is very important. I think I should also tell you how to start with Demo before I go to the other factors that can help you trade successfully.

The way to start is to open a demo account with the Broker of your choice. Remember I introduce IQ Option to you as a good Broker for Starters. You can register with them and just follow the Process. Get you demo Money and start as you learn. Practice all you are learn and be the best.

You sure can follow their link here:

Letter to Traders: New and Existing

Dear Traders,

How are you doing today and how is trading going? I believe you are beginning to understand for yourself what Trading really is. I will like to share some truth with you.
Like every other Life endeavors, trading also needs diligence and consistency to gain expertise. Do not be deceived, if you have not learnt well, mastered your emotions and develop a good trading psychology, you can LOSE ALL YOUR MONEY; most especially when you are not following the simple money management rules.

So What are the Secrets of Successful trading? You may want to ask, I will give a few of them below based on my experience of winning and losing over time.

1. Choose the right Broker: Your successful trading journey- in Futures, Options, Forex or Commodities trading start with the right Broker. A broker that will not manipulate the Charts. A broker that will help you and update you with information about the market, a broker that is fully certified and can easily follow rules, a broker that will allow you to easily withdraw your money when you have to, a broker that has good customer satisfaction policies and so on. You need to choose the right broker my friend. One of such brokers that I have known to be consistent overtime is IQ Option. You can check them out for their wonderful reviews. Remember, that is just one factor out of many but it is very important. Now read further for other factors.

2. Learn the skill: You have to really be patient to Learn and Master the Trading Skills. What you have not mastered, they say will master you. Learning is key to be successful in Life. Do not be part of the generation that is looking for easy money without learning. If you try that in Trading, you will end up losing all your Money. But if you give time to learn and Learn Well, you can be sure that you are on your way to succeeding. for example, IQ Options give $10000 for DEMO Practice and you can try your skills on that very well and be sure you are good to go Live. Please, don't just jump to Live account. A word they say is enough for the ...

3. Learn the Psychology: In Life, We don't always win, sometimes we Learn(some people tag this as losing but I tag it as learning). You have to know that you cannot definitely win all trades. In fact you can lose three or four trades in a row. Learn to leave and come back later. Don't ever practice REVENGE TRADING. It is very dangerous. When you win, be Happy, When you Lose, learn. Don't over indulge so you wont lose what you have won. Don't overstay so you won't lose more when you are losing. You can never be right, It is only the Market that can be right when it comes to trading. You just have to learn to follow the Market. Observe, Analyse and Trade. If you are Correct, great. If you are wrong, it means you can win later. I cannot over emphasize this because I have fallen a victim of this before. NEVER EVER TRADE WITH THE MINDSET OF REVENGING THE MARKET. It will go bad.


Thanks for reading. I will continue from here in the future posts.
Your Friend
Kolawole

Trading isn't Bad Anyways

Trading is an active style of participating in the financial markets that seeks to outperform traditional buy-and-hold investing. Rather than trying to profit from long-term uptrends in the markets, traders look for short-term price moves to profit in both rising and falling markets.

As a trader, one of the most important things you can do to improve your chances of success is to approach trading as a business. A successful trading business requires a strategic plan that covers your actual business and your actual trading. Your business plan will include things like short and long-term goals, the amount of capital you have available for the business and how you will set up your office. Your trading plan includes the details of trading: what you will trade and how you will trade it. Your plan should be so objective and concise that you could hand it over to another trader and they would be able to execute it exactly.

It’s important to understand that your trading plan is not simply a set of rules that you think will work, a list of set-ups that you are somehow fond of, or someone else’s plan. A good trading plan is one that you have researched, tested on historical data, tested in a live market and continue to evaluate at regular intervals.

Successful trading involves more than reading a few articles or books. You should plan on devoting a substantial amount of time and effort before ever placing a trade in a live market. This can be difficult because most new traders are anxious to get in the market. While the research and time commitments may sound daunting, they're a realistic and integral part of becoming a profitable, independent trader.

This tutorial serves as an introduction to help you get started trading. For more information, be sure to check out part two of our series, which covers more advanced topics including charting, leverage, risk and strategy automation.

Source: INVESTOPEDIA

I trade on binary.com, you can check it here

This is a great opportunity online, buy anything anywhere in Nigeria. It comes to you where ever you are in less than 6 days.

The best way to blend with this century peculiarity

GRANDFATHER'S BRILLIANT FINAL LETTER TO HIS GRANDKIDS

I SAW THIS ON THOUGHT PURSUITS AND I WON'T YOU TO READ TOO

 

 

 

 

James K. Flanagan, a resident of West Long Branch, N.J., died of cardiac arrest. He wrote his five grandchildren a letter a few months earlier. Permitted by his daughter Rachel Creighton, it has been reprinted here.
It goes as follows:

My Dearest Ryan, Conor, Brendan, Charlie, and Mary Catherine,
My beloved daughter, Rachel, convinced me to write some advisable suggestions and lessons I have picked up in my life. The date, as of the starting of this letter, is April 8, 2012. I will be 72 years old tomorrow.
Remember, that each of you are a wonderful blessing from God. Keep that in mind whenever you’re in doubt and life seems discouraging.

1) Live boldly. Take on life’s challenges with no fear.
I urge you to pursue your dreams and always keep hope alive. It doesn’t matter how anyone else thinks or feel about what you are doing. Avoid naysayers at all turns. It is your dream and it’s not meant to make opinionated people happy. Your dream is for you. The emptiest feeling you could ever have in life is to look back and wonder what you could have done.
2) Everyone in the world is created equal.
Some people may want you to feel inferior because they may assume higher position at their jobs; or they hold superior job titles. You don’t have to submit to those feelings of inferiority. Believe it or not; they have the same fears, worries, and put their clothes on the same way. They even fart like anybody else…and it stinks the same. You have the birthright to question authority if you feel it is being abused and handled unwisely. Just take heed; when questioning authority — do so in a respectable manner.
3) Comprise a list of the things you’ve never done and want to do.
This could be learning a new language, skill set, or even meeting that special someone. Don’t become a master of “procrastination”. Look at life as if there is no tomorrow. Start doing one the things on your list today if the day and your present situation permits it.
4) Adhere to the Irish proverb, “Moi an ogle ague tiocfaidh si” which means “Praise the child and she will flourish.”
5) Be helpful and generous at all times. Help as many people — as you can — that are in need. God blesses those who help others.
6) Please don’t join any vigilante groups or the military; who ultimately train you to kill. There is nothing good about war. Never has been and I’m pretty sure there never will be. A countless number of innocent and good people die as a result of war. You notice the powers that be are never on the “front line”.
7) Make it a point to read as much as you can. Books offer so much for education and imagination. They are portable and don’t need any electrical power or cables to work for you.
8) Always be honest; with yourself and others. Be true to the Word of God.
9) Go see the world while you are vibrant and young. Don’t put it off until you think you have enough money. It may never happen. Go ahead and grab a passport today and start planning to see the world.
10) Pick something you love to do as your career. This way you’ll never have to work a day in your life. Don’t ever just take the job for the money involved. That only makes you a SLAVE to the rhythm and it can be soul-crippling.
11) Keep a cool head in times of turmoil. Don’t scream to get your point across because it only adds fuel to the fire. I can’t remember ever coming to a sensible conclusion after I yelled.
12) Don’t break promises to your children or any other children for that matter. Say what you mean and mean what you say. Children genuinely trust adults to tell them the truth. When you do, it should be with the utmost love and generosity.
13) Be sincere with people. Don’t tell anyone you love them when you know fully well that you don’t. Emotions are fragile. Handle people with care.
14) Be in tune with nature. Learn to appreciate all of God’s gifts of nature; the woods, mountains, ocean, and the desert. It is essential for your soul.
15) Make it a point to visit Ireland. It would be like a pilgrimage to our native country. Be sure to visit West Ireland: Roscommon, Clare, and Kerry are my strongest suggestions.
16) Give the people you love a hug when you see them. Say something uplifting to them and let them know that you love them when you part ways. This way they will always know that you love them.
17) Always show gratitude. Be thankful that the Lord has made another day for you to live in. This day is unique and will not come again. You should live every day to the fullest. Be thankful for the people and things you have in your life.

Source: “Grandfather’s Brilliant Final Letter To His Grandkids Offers Life Lessons For The Rest Of Us,” from huffingtonpost.com

Opportunities

It comes to us in disguise
Only a determined eyes can see it
It is the sure road to financial liberty
Never close your eye to it

4837a8065ec6f0e54d2b4821f57c52996874c1191ce810fc81

Change

This days, we need to be informed that we are indeed in the 21st century and so we need to start living like that, not that we deny our faith or dressing anyhow.
But we need to deal and live like 21st century individuals, Then can things work better for us. We need to get involved in internet things, We need to know how to find solutions to everyday problems by using the internet. It even more interesting now that your can order for your daily needs online. As Nigerians, you can check Konga for correct phones and laptops, you can also buy many other stuffs

That is only one of thousands of online shopping.
We will sure safe more time and energy when we are able to align with time and CHANGE