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pepy

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Everything posted by pepy

  1. pepy
    Well, Let me refresh about this issue. First of all there are a lot of indicators one of them are inflation rate or deflation rate. Inflation and Deflation rate are changing effectively every month and in short term will affect the price usually around 50-100 pips difference. Aside from that there is Interest Rate which rarely change from one month to the other, but often give a great impact. I think there are more but i see those two types give significant change of FX prices.
  2. pepy
    Yes, I think that money management is the most important and an aspect which trader should think first rather than others like profitable strategy. Other than that, money management can reduce risk of trading and for sure we can trade in relax manner if we lose less or in approriate amount.
  3. pepy
    Energy could drive one currency to the higher or lower level but it is all depend on what kind of currency. US simply isn't one of them. You can see RUB as a good example of this, how the price of energy affect them. As for more developed countries, i think they affected mostly by inflation.
  4. pepy
    Yes, i think it is not only United States of America, but also for all countries. Imagine NFP become is rising steadily and in good manner? That would change the world for whole. I see that major countries such as China, United States, United Kingdom, and European Union's CPI would have big impact for most currencies.
  5. pepy
    Yes should do that dude, 660 posts for $10 i think that is big amount of posts and you should considered your posts to be informative and also will attract more poeple to visit and read the thread, that would be better than nothing.
  6. pepy
    This is the problem trying to control greed isn't the best solution, even you can control it you might survive for few trading and etc but later it will develop more complex situation that lead to bigger loss. We can trade without greed and already proven to be logical and achievable even it means through trial and error.
  7. pepy
    Easy? In you mind? LOL, one of the hardest job but stil pay offs, i don't know for so called gurus or experts maybe it is easier but for me still hard, actually analyzing part is the worst one. Even i use fundamental analysis but it requires more brain to predict of the price movement.
  8. pepy
    You seems right, before no one get TP and it means we must cut the profit by ourselves, there is no just leave and let it work strategy. So far, i think it is worthy for trader to use it even maybe they said it won't be so flexible for them but it is worth. for trader's time and make their trading is easier.
  9. pepy
    Yes, forex can be a main job for traders, all traders from over the world can change their currency maybe boring job to more challenging and risky yet rewarding job like foreign exchange. What you need to do is big capital to support you so even multiple loss won't make you suffer.
  10. pepy
    Yes, forex in fact just another risky business so don't be surprised with it, you might lose more of your money and doesn't even reach your target. But don't forget, that forex also beside of its risky nature has bigger profit potential, so the key is about to manage your risk/capital.
  11. pepy
    Education is important but you know that experience is the part of education, this is our bigger education so far that will lead us to better life. Education is merely large groups of experience that accumulated so far. Luck in the other hand just luck, Hope from it you may lose from it.
  12. pepy
    I really do wonder why people think like that? I mean binary is safer? It is even riskier than forex, it is more like gambling than forex itself. Just guessing the price? Or the good or i can say worst that you will get your money back for your loss? How kind your broker dude.
  13. pepy
    I don't really get it Decub what you mean in your first line, but to be honest i don't see now any kind of duration you should spend in your demo account. Zeal is actually needed but in right proportion, not so much not so low. Spending in demo account should be considered first.
  14. pepy
    Yes gaban and absolutely right greed will only give bad impression for traders, it will make them lose control of their capital just for the sake of getting more profit which actually impossible in that time. I also think the best way to leave greed is by keep practice, using demo account is a bit helpful so i do recommend only real account because it lets your emotion out.
  15. pepy
    I think commitment is a hard work, first because we need a strong will power to accomplished what we commit for, second there will be obstacle and through that willingness we can get rid that and the source of that strong will is our commitment to keep trade despite of the result.
  16. pepy
    True, it will be like this and of course many people will love it. I myself see as long as this multiple currency will be exist or egonationalistic from one country exist so do its currency. I think in future we can see more currency traded and fx is becoming more and more popular.
  17. pepy
    Nice movement? I don't think so but it is surely volatile and for someone who want to win bigger pips insted of high spread that unpopular pairs has can choose it. Usually you also can become a market maker which become a good thing because you drive the price to rise or fall LOL
  18. pepy
    Demo account is better because it is just virtual account, from many sides if we want to be honest demo account will give us a fleeing of more relaxing compared to the other accounts for example real account which put tension to us since we must make real money there, also i see there is big capital illusion that helps trader to be more focus and doesn't affected by their emotions a lot.
  19. pepy
    Just invest as much as you think is worthed for you, but if i want to be honest thousand dollars is the best or the ideal way for trader to grab much profit from forex, with that you won't have to worry much losses also if you can make profit it could be big enough for you.
  20. pepy
    I think SL and TP is tools that many people forget for, it is one of the most useful but people think that is not worthy. Well it doesn't make you so flexible because it limits your profit and so do your loss but if you carefully planned your strategy this feature should be very useful for you.
  21. pepy
    Tips and also some articles that you all get from forex forum could be helpful, as it will open more of your eyes to the different kind of topic about forex. Sometimes it gives us chance to see other way to make profit which could be totally suit for our trading style.
  22. pepy
    Well, brother constantly still possible, you can consistent with making profit for example you make profit which is not less than 100 pips for one week or one month. 1:1.5 RR is good i use that mostly aside from 1:2 which is actually the ideal RR. 1:1 is what you should have at least.
  23. pepy
    Simply? sometimes yes sometimes no. I mean there are some traders who are good enough but still lose because they are actually lose, i don't know how to say it but when someone lose it is not because they are fools, but because they are human not perfect and will always make at least one mistake.
  24. pepy
    According to me then Yes, it is very good technically we are working with broker if we want to trade we provide some of our bucks while brokers provide bucks too. Lower leverage is good for someone who don't want to mess with the type of margin trading.
  25. pepy
    It isn't really hard especially if you have experience in forex and also browse through internet to see which is the indicator of a good pamm manager. Many of them have been told here by you but overall i must see how much i get and also track records for sure.
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