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pepy
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Everything posted by pepy
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Well something surprising happening here that the rank of STP falling deeper and it makes this payment processor lose more of their place even there are some correction but the fall is deep according to me. The other surprising fact that i got from Alexa that sweden is in top five country that access STP. It seems that STP is quite popular there.
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I don't know what Okpay should do right now, i think they are too far away from their own very first track. Actually Okpay must enter high risk business because with that okpay wil have a plce to increase own revenue also Okpay's potential costumers.
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Not just a good alternative to paypal, and according to me Skrill also has good potential. if we compared it with Paypal , i see that Skrill has better fees for internal transfer and some loyal costumer feature which i think Paypal doesn't have, but it still lack of Bank Wire fees where Paypal is very low.
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Well i think what you said is right as myregister said that WebMoney based on Russia and it means they don't accept US members ignoring around more than 200 millions potential costumers, but i think they prefer to be global than US only.
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So do with most of the other payment processors out there, you can use without need to verify your own account, i think it is still popular because of low rate that PM applied before. Even it isn't like that anymore people still love it.
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Well a good point from you, but at least this one is a public one isn't it? Even like that the management could take different approach and does not tied to ebay, also people can invest in this company right now which make it as one of the lucrative company that many people want to put their money into.
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@myregister: I think a trader who trade for around 2 up to 3 months already know that all investing hot and cold money. But can you do that? Many traders cannot make difference such as hot and cold money especially if that person want fx as main job which sustain a trader life.
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Well you are right there, underestimate the market is what beginner mostly do since they are such a bunch of overconfident trader who think they might conquer the world. I personally think that it is the effect of our emotion, and this is why trader with uncontrollable emotion as the worst trader ever.
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True i sense some right statement in yours, but there are people who are natural born and don't have to go through so many things in order to be able break their limitation in psychology. Getting emotional in forex is easy and how to handle it need more experience from some view degree of skill. In fact still limitation is exist even you already break that @myregister.
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Still you can trade with behaviour, you can fix yours not to be so greedy and so on. The potential of making profit through this way is exist, people can make profit from fixing their own behaviour and of course behaviour affected someone's trading.
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If and if but well you all know that make a living with forex is practically possible and we can see there are a lot of people who can do it so well. To make it simple make a living with forex is possible but after you all considering and able to manage the risk better.
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People here only thinnk about the profit, well forex is actually a lucrative business people will be able to make huge sum of money here, but remember also that there is a big risk by invest in forex, you may loss all or even more of your money.
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Go around to control? Well i don't get what do you mean here but we do having control in sense that we control the risk and also our own loss with, in fact we are the one who get our freedom to choose if we want to put SL and TP or not.
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1 month? I think that is not enough, 1 month considered to be short. I do recommend at least 4 months. It will see how good you are when trade, and if you prefer technical analysis try to analyze the market at least twice or thrice each week.
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More leverage of course is a good thing for newbie but it does not mean it much be so much large, people who don't know to control their leverage tend to loss. Using leverage as high as 1:500 is a wise decision but remember using it when you have small capital, higher capital is okay even with 1:100.
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Importance of Demo Account/virtual account in Forex
pepy replied to abdulla1's topic in Forex Newbies
Demo account is the best and the most suitable for people who want to see how good they are when it comes to trade or someone who just start to trade and thanks for demo account right now i don't have to suffer bigger losses just when i want to learn. -
For sure that is one of the business where i can get some bucks up to now without need to meet with another person on the street. Everything is okay up to now and as long as you choose a good broker you would be totally fine there
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Wow if you earn as much as that i bet you can have better life, since in our country people can live with 3 digits without much problem and can afford even good internet + upper mid standard of living. I think spending profit should be for ours, but the most important one is our capital , first make it stable and the cashing it out.
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Let me clear this thing here, investment without bonus is too low is a myth. I know with bonus we get additional income but let me said this and you think it carefully. If i invest one million dollars in my broker and does not get bonus, while in the other scenario i invest in other broker with only $1000 but get another $1000 as bonus. Is that mean too low? I doubt that dude.
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It seems there are few difference between you and me here. According to me knowledge does not start with demo account but start with blog or any reading material. If you talk about experience that is the different case because demo account is the best place to start experience.
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@gaban Nope it is you as trader who will allow yourself to trade with the maximum. I know that we need capital but it is useless with trader who cannot make even single worthy profit. I think you should keep focusing yourself rather than wanting to get more bonus from broker, i bet that worth it!
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Well, let me make it clear as far as i know forex profiting is the way to make profit from forex by certain way one of them by analyze the market either using sentiment , fundamental, or technical analysis. In fact profiting could be achieved overall by a proper money management too. It is not really hard but not so easy too.
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One of the most popular before but i wonder if they will make it in future. To be honest Okpay is actually one of the promising payment processor out there that many people could try but it seems they aren't really competitive to me.
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SECRETS TO SUCCESSFUL FOREX TRADING
pepy replied to smithlover84's topic in Forex General Discussion
I couldn't agree more with you dude, forex does not have such a secret. It is just another marketing gimmick so someone wants to buy their product. Even some people consider that is exist in fact that is just something they don't know before but actually already exist for long time. Something like Risk Management or Technical analysis are not really secret or new things. -
Avoid greed is the best idea, as far as i know people will earn better because of doing that. Knowing the real danger of greediness will sustain our life as foreign exhange but controlling greed seems a bit ambitious for trader especially to newbies.