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sirwilly

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Posts posted by sirwilly

  1. Futuretrails has become especially popular for their new short term plan. I haven't really tried an investment here but I do not have any reason as to that either. The program is running well with excellent support services and, ceteris paribus, there should be no events this Yuletide.

  2. For sure every trader won't succeed in their trades. Indeed, there is a 1 in 10 chance of succeeding which means that there is a higher possibility that the new trader will lose. However, when this happens it is important to learn whatever lies at the root of the loss and move on.

  3. TP or Take Profit: A level that is often pre-determined at which the terminal closes the trade position and takes in the pips that have been generated. TP is a very good risk management strategy and is ideal for beginners and experts alike.

  4. Yea, no knowledge is a waste. Whatever we learn in the course of our trading will always prove useful sometime. Often, we won't even notice it and we will merely think it's common sense. However, it's the little lessons that we learn everyday that makes Forex second-nature and common sense to us.

  5. Well, you cannot have the same ease of reading candlesticks and plotting Fibonacci levels for instance. In the standard terminal, you can multitask and look at a couple of indicators at the same time, then I wonder just how many indicators can be cramped into the 3" LCD of a Blackberry! Really my personal opinion, and shouldn't dissuade you from trying out mobile trading.

  6. Forex scams are less popular than in other online programs. I think the fact taht most of the popular brokers are regulated is contributory. If we had a lot of uneregulated brokers, then we can expect that scamming brokers will be on the upsurge already.

  7. @ yash:

    Well, for sure they are similar and indeed different in more ways.

    Forex has its own unique terminologies and also one needs to get used to the trading terminal. It's not difficult but that's the key to everything at least for the beginner.

  8. Well, it depends on your level of expertise. If you are a beginner, then you should be receiving instructions, not giving. However, if you already understand the features on your terminal and are experienced with trading, then you may try AI.

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