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pepy
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Everything posted by pepy
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Forex forum Do you think forex forums can improve my trading skills?
pepy replied to flybiz08's topic in Forex Newbies
Not your skill buddy, can you think what happened to person who only read these discussion but never applied or having few times to applied it all? They won't improve or at least just improve a bit. If you want to have new vision or knowledge then forex forum is one of the best place if you want to improve your skills then practicing with demo or real account. -
If paypal wants to be well known in India or China they must compete with local payment processor that also growing there. For example in China there is Alipay, with Alipay less fees and their system that made for Chinese, Paypal should give more force to solve this situation.
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More people to join them for sure, but let see it sooner or later i think that neteller are nice too but both skrill and neteller under the same company which make it totally different right now, moving from that competition as long as your account already verified you will be love skrill.
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But still that is worthed and actually relatively easier compared to the other ways like Paypal maybe? Okpay on the other hand trying to impress many people and up to now trying to give what their client want, with their new and also some nice features i think it will stay strong.
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As long as you invest in right amount and know how to manage the risk without being greedy when trade i think you will be able to reap moreprofit from it. FX is actually an investment but that is more like an active investment rather than passive investment.
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A bit crowded ptc site and has around hundreds active members right now also paid well and has attractive click rate, well it's hard to say about their lifetime but for me this program seems can survive for few months if not up to 1 year where most of ptc site cannot sustain theirselves.
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QUite young compared to the similiar ptc site, cashout are normal(at $2) while it has various payment processors, there are some people who decided to upgrade and rent around 500 or even more refferals. As single clickers we don't have option but with that way we can be earn well. At the moment Realptc also paying its members.
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Interest rate which admin offers here is too high for its class. Just in 1 day you will get 7% profit, well this is normal for few days but i think won't sustain for quite long time also there are quite big investment made this program more risky as the days goes on.
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I recommend the first plan, it is achievable in terms of deposit and also has reasonable interest rate as return. This is pretty normal site and may survive just like another average program, at the moment only few investors whose got paid while the others aren't. Overall still promising and quite lucractive program.
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Not so bad, i think this program is relatively lucractive for some investors. At one point i see this program has promising future too, with SSL and DDOS protection also reliable script to use. Interest rate also stable enough for most plans are one of the key of what i said before.
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For me this program is just another short term investment program. So far everything is good and i see few investors has been paid by admin according to the statistic. Script, SSL and DDoS protection are good enough to support this one and with relatively lower rate for this site's class, i think it can sustain for a while. I see around 14 weeks at most. I also recommmend for hit and run if you are not sure.
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Payoneer Mastercard
pepy replied to Tusohian's topic in Debit cards, Credit cards and E-currency cards
It seems some problem with sending your Debit card isn't a big issue right now, some people still get that issue but the others said that they solved or even does not get that anymore, so far i don't see much feature that considered to be new but overall payoneer performance is really good. -
Also remember wireless connection is prone to security matter, i trade via mobile phone because that is very easy to login and i only access it through encrypted connection such as WPA wifi based. Always remember before connected through Mobile Phone make sure no one sniffing on you.
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Yes that is pretty nice statement, at the previous posts i said that lower leverage is good but depend on your capital, which means of course your capabilities, i am sure that newbies don't want to put big amount of money and ready to lose those all isn't it? So with this, lower leverage is good for big traders and not for newbies.
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Inverse Pairs (Pairs that move opposite to each other)
pepy replied to yogeshwartyagi's topic in Forex Newbies
Well that logic really make a sense but i think that is not japan but china if you connected it with Australia. AUDUSD actually will become inverse pairs with USDJPY if US economic data is good or bad, not if Australia economic data or Japan economic data which is good or bad. -
It has been repeated over and over again, the lowest spread broker is actually an ECN broker not the others. ECN brokers overall offering lower comission, well if you combined ECN will offer lower ate, i see that some guys has been posted here about that isn't it?
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@bilal97: Reliable broker, well i think that must be non dealing desk, regulated by strict regulator such as CFTC or FCA(UK), offers well regulated payment processor such as Paypal or Skrill for example, it is better if they have Bank Wire. One of them is FXDD that i am using right now but if you prefer others since maybe i looks like promoting the current broker i am using, then you can use Interactive Brokers or FXCM or even MBTrading.
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This is why we shouldn't let someone to do that, it is better if we are mentally healthy and can suffer the loss rather than mentally strained but forcing ourselves to keep trading over and over again where there are bigger chance you will lose your money.
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I don't know if you say talent is self-earned. Skill or Ability or whatever you want to said is self-earned while Talent is god-gifted or something that you get when you were born. Talent will help traders to learn , remember it is just help them to learn and you can see someone who is talented tend to learn faster than non talented trader.
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Ever burned your A/c due to forex margin requirement!!!
pepy replied to yogeshwartyagi's topic in Forex Newbies
Well, that is right it is intentionally i did it before and learned a lot from it. First never be greedy second always estimate the risk and take it intelligently don't based on so much assumption. I think burning account incidentally is fine as long as we all learn from that incident and become a better trader. -
Since we are talking about what newbie mistake that they usually did, i think it is based on emotion and then their willingness only to make profit without never learn about that. It is very good to know that many newbies nowadays still keep learning and does not only want to get "fast profit".
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I think this one come from Russia and one word is cool. First it has SSL and DDoS protection make it as one of the payment processor that look for this, Second their fees which is 0% for sending, make it like Neteller and it seems want to compete with it in Europe. You can even make deposit through Okpay and other local russian based payment processor.
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Based on my knowledge and experience, you earn when someone lose their money is happening only in dealing desk broker, actually that someone is broker, in NDD maybe it exist but that is because forex is so big people have their own interest, some people want to keep their currency or sell it but big bankers usually trying to hold theirs.
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It is hard to be true, but it is worth for them, the earning is big and also it has more than one income stream, not just from spread but also from the comission or even their partnership with one big instuition who need more liquidity to the market.
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Capital it must be considered first, i suggest at around $200 and never be lower and keep using 0.01 lot until you reach at around $700 and then you can increase it up to 0.05 lot. Also keep your risk management at 1:1 so if you targetted 100 pips then the floating points you hold only up to -100 pips. The ideal one is 2:1 for RM but 1:1 is enough.