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pepy

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Everything posted by pepy

  1. pepy
    It is not as easy as many people think, before i thought like that if i trade in forex is an easy thing to do and takes few minutes only and sooner i will be rich LOL, but in reality forex is tricy to certain extent for beginner and even for veteran sometimes they must hold their chance to open position and must carefully analyze the market.
  2. pepy
    I heard some problems like that, but i think that is solved step by step. Other than that i think it is not the problem of MetaQuote but from brokers who offers their services that still prefer MT4 over MT5 which makes MQL5 less adopted. Overall, MQL5 offers more flexibility and more powerful compared to MQL4.
  3. pepy
    While i do agree that knowledge helps people and make them outstanding from the others but self discipline that makes a trader different than others after that comes later the other aspect such as Skill or knowledge. With self-discipline we can see trader able to make difference in trading also when they are in training.
  4. pepy
    Forex has higher liquidity plus it is more volatile at the other side compared to stock market, in forex we trade and connected with the whole traders from over the world who do speculation too while stock? Only traders from that country and small portion that coming from outside.
  5. pepy
    Why some pairs moves slow is because of the liquidity problem or if not there are few people who speculate there makes the price rise slowly. Yes, there are some low liquidity pairs that moves so great but only during certain times and because that is popular currency too.
  6. pepy
    True that is why i think that consistency when create profit is important for long term as you will keep trading over and over again which means that you must be consistent in making profit so you won't lack of profit and keep your business on the line or simply expand it to the further.
  7. pepy
    The possibility of daily profit in forex is exist, trader can do that even it means actually in small amount, but if you think that will lasting forever means that you won't get any loss is another virtual thingy, if you aim daily profit frequently make sure your profit target is also low.
  8. pepy
    @gaban: Of course, i already said it many times can you imagine forex nowadays without demo account? It is a big loss for you. One thing that you might notice is that without demo account many traders must do trial and error to trade and it may increase the cost of trading make forex as very expensive business.
  9. pepy
    @sasanka: Higher capital is a must if you want earn in bigger amount, but to turn forex as main job what you need is profit consistency, this is simple logic how can you put your life on a business where you cannot make profit consistenly? Means that you don't get salary consistenly? Is this insane? First getting know the risk of forex are so much helpful for trader.
  10. pepy
    Earning money wouldn't be easy if you have good systematic way to earn maybe you won't find much issue or at least earning would be easier in forex. No matter what people said it is not easy to manage the whole risk in forex, some traders cannot trade and push theirselves to trade without know nothing only suffer loss more.
  11. pepy
    We already know about the risk gaban, but how many people that have willingness to trade in right pace? Not much, more of them are having less patience and want to wipe all of the opportunities but in fact not all opportunities could be swallow into us.
  12. pepy
    Yes, it won't improve us and to be honest you also don't have much chance to gain profit especially if your robot does not work well, many traders around the world reported that their robot are really bad for them and doesn't work so well so they decide to discard it.
  13. pepy
    @myregister: You want to play with fire dude? That is nonsense if someone can control greed, what you need to do is to stay away from something that is so dangerous and keep focusing to your trading also trying to think rationally so in the end you will be able to minimize your own loss.
  14. pepy
    Because that is the good indicator to see if we should buy or sell something, usually a high impact such as GDP or Interest rate or CPI will drive the price on the early phase, it is around 60-100 pips. In long term news impact is big too sometimes even drive the price further.
  15. pepy
    SL is very important to me and i am sure to most of the traders that posted here. First of all, SL help us to see which is fit to us more when we trade. Some traders prefer to use this way because they don't want to wait for cutting loss, they just open position after analyze the market and let SL to cut the loss if they lose their position.
  16. pepy
    Some brokers do that like converting bonus to real cash, but mostly will do that by your profit i mean you can use your bonus only for trading but it is only if you have your own capital, that bonus only to hold your position so if you are in loss you will only lose the bonus not your capital.
  17. pepy
    What kind of method you mean here? I mean there are a lot of ways there said from bank wire to something like electronical payment processor, so far bank wire is the only and the safest way compared to the other but a bit complicated it is good only when you have big amount of money.
  18. pepy
    It is a good idea, your reasoning are good about this one. The more here is better but i think like one year is enough. Spending a lot of time in demo account isn't good because demo account does not reflect what you will get in real account which has some different aspect.
  19. pepy
    Basic concept of forex is trading but you are speculating not just trading here, this is why and i think myregister said is actually the same, if you read about blackjack you will find out that they use mathematical analysis and make profit in casino,so? This is normal dude. Some parts of forex and gambling are actually the same.
  20. pepy
    Some people said rebate is good while the others said it is bad, i heard that rebate is actually because of high markup of spread. I know this sounds a bit bad overall i can say that people who trade and earn rebate less likely to have bigger loses further since rebate given no matter what is your state.
  21. pepy
    As long as you can make a better trading i think using higher leverage isn't a big deal for you. To the certain point i want to say that newbie is better at using higher leverage than normal, with small bucks they have in account they won't e survive longer with lower leverage like 1:50 for example.
  22. pepy
    Can you elaborate this? "since i has gone up to 1000+" You mean that your BTC skyrocketing around that much? If yes then it means you are a filthy rich people now. By the way, i see there are some brokers like PLUS 500 or Etoro or Liteforex, the reason why because bitcoin is not currency well it can be treated as commodity but its credibility isn't as high as gold or oil or even USD, i know USD and BTC are actually the same fictional things but still USD has more backup than this so called cryptocurrency.
  23. pepy
    Rebate system means that you get money or cashback from trading it is not included in this topic. Anyway the brokers you said here claim they offer lower spread some of them has ECN type trading, which i think is really normal if they truly offer that, because mostly ECN brokers has lower spread compared to the other type of brokers.
  24. pepy
    I've ever do that because of my bad, i really think i'm just like god who know everything and trade without any risk to manage. I think most of those newbies also happened to feel something like this once in their lives as forex trader, as long as you don't keep repeated it over and over again then this is a common thing.
  25. pepy
    @uncle gober: Well while that is true we must have some parameter that tell us when we are ready for our capital and strategy, maybe you can share some here? Anyway make a living with forex isn't an easy things, the income is not fixed you might lose or just earn few bucks while in the other time you can tripled your earning.
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