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pepy

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Everything posted by pepy

  1. The answer is really simple, swing trading is popular because it is one of the strategy or technique in forex that allow you to earn in longer period which means that your earning also would be higher, i rarely see a swinger that earn less than 50 pips. I wonder what they want to with that small pips. Their target usually around 90-100 pips but i only see few who do that.
  2. Demo contest is the most suitable place for newbie to earn and learn. In the other hand, they can compare their skills to the other competitors and see what they lack of, with this new kind of view a trader will be able to improve theirselves. I sometimes participate in contest if that is exist.
  3. Then don't trade if you don't like it or just trade during news, usually even exotic pairs will move especially if that is an exotic currency which paired with popular currency eg: CNYUSD or MXNUSD. In US economy based news you will find it will give impact to those who paired with US and in this case the same for Exotic Pairs.
  4. If that is the case then that is money game for sure, but actually after think and do a bit research i find this binary actually like forex, we just predict the market would be rise or fall with the price we predict. I mean i predict the price would be higher than $1 or lower than $1 after 30 seconds. But i don't see why it is safer than forex in this case.
  5. Of course to be successful someone must work hard not just smart work. In this case foreign exchange, since you don't need much energy to work physically but at least you need to doing work so hard by often seeing the trend or keep doing analysis before start to open a position and so on.
  6. You can trade with no emotion or at least less emotion, i don't know where that emotion control thingy coming from but from my perspective if a trader want they can trade without emotion and will be able to compete clearly against those robots. People without emotions can think clearly when it comes to trade and gain better result.
  7. As far as i know in any brokers which supported MT5 fully , then MQL5 will work well and you shouldn't find much problem against it. To be honest, use MQL5 right now is a bit redundant since i see that MQL4 also has been upgraded and you can do an object oriented language there, i mean the paradigm has changed and it becomes more similiar to MQL5 paradigm.
  8. New York is nice, since that is where wall-street open and you will get a huge volatility if the news really give such a high impact. The other trading hours also not a bad idea, like Frankfurt or London where you will find it overlap with New York session later and give a huge movement.
  9. Little profit? Of course i want to accept it, profit no matter whether it is huge or small as long a person get profit then it will certainly taken as well. Basically everyone wants profit in large numbers, but forex not always offers it, sometimes we could only get 1/4 of the average profit that we get every month for example.
  10. I cannot give you an example but you will see many articles that you have been read told you many bad things about fear and greed and other kind of bad emotions that would trap you to endless loss. They also give you advice to let that kind of emotion and become a better trader.
  11. I totally agree with myregister. No secret but discipline, many traders become greedy because they want trying act to control their greed or fear and don't want to eliminate it and lose their money which is a common sense playing with fire. If you want to be success, you need to learn, trade, and discipline in each trading.
  12. Futures based on contract, well foreign exchange in this case spot also based on contract but it is different contract. Spot forex is so much well know with its OTC so the contract finished in relatively shorter time than futures. Forex market is much more liquid because there's no central exchange, as the consequences are spreads, executions and slippage varies from broker to broker.
  13. Yes, stock lack of more trading hours. Forex has 24X5 while Stock 8X5, with forex you can continously trade for 24 hours without stop from it. This is the main key forex become so popular compared to the other kind of high risk business, even futures and stock combined cannot beat liquidity of forex.
  14. My bad, i mean it is very liquid in terms of that robot is flexible enough or not. Technically yes, robot in stock also works the same in forex. My stance right now is forex robot works but to certain extent only not everytime we want it could give us profit but its precision is above human traders.
  15. This is acceptable for them because they want to optimized every single seconds or minutes they have. But usually scalpers SL isn't that high like swing traders. Scalping which i've been experienced and some people i know is at around 10 up to 30 pips at most in case something really wrong happen.
  16. I think rebate is neutral it's for someone who can trade better. Of course it will minimize the risk since we get additional pips after trading but like i said before if you don't careful with this so called rebate trading there is a big chance you may lose in bigger quantity and this isn't good for you.
  17. In the end this is what we should avoid as much as possible, i don't know if we can sue a company which create that platform. Because if we trade with huge sum of lot it would be a bad thing if we lose because of this sorry, stupid thing. To avoid usually people will choose a stable platform.
  18. Think also how much profit you would make in real account? Not just your loss later. It is undeniable that sooner or later a trader will lose their money. In demo account someone can setup a big capital while in real account you must face reality with maybe small money you have but because of that you will get lower risk because of low lot size.
  19. Greed,Loss, Profit, and Fear and last but not least Margin call are all experiences that we feel in forex, but my experience before mostly mixed between profit and loss. Sometimes i got few consecutive loss before make few big profits and so on, also margin call haunted me few times and that is a hard time to me.
  20. Manual trading gives us all for what you said, robot trading cannot give us experience by trading ourselves except it gives us experience to feel and manage robot( it's not really easy too). Robot vs Manual trading is concept to see which one is better but to me no one better than others, those two has weaknesses and advantages.
  21. Lesson you mean. It is good to think lose as lesson for better future, i did it but i think lose is not the only lesson, your profit also lesson, your analysis is a lesson. The immportant part in forex all are lessons for trader in order to be a more worthy trader and increase our own capital.
  22. I doubt about that, because trader who have big capital mostly able to think clearly, they trade based on experience and not just by using or like so called controlling emotions. Soros is one of the most popular example for someone who trade in foreign exchange and has big capital.
  23. It is a good news or webmoney and webmoney's loyal client. I feel nothing happened in future with Webmoney and it keep strong. One fact which i just find that webmoney gained around 10000 new users per day, to me this improvement means that webmoney surely attract people from around the world.
  24. On H1 chart it is clear that the price of USDCHF still keep moving above MA100 line but doesn't have much volatile and sideways with MA flat slope form, it seems the only one way we can see the trend depend on news of Fed Rate that may shaken the market, i recommend to wait and see first.
  25. Trend is not clear since MA100 and MA20 showing bearish crossover, and later seems will be affected by Fed rate news however technicall Silver has chance to rise, not to mention with its morning star and also the price which are moving near oversold zone based on KDJ and Stochastic
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