pepy

MM and SL? I think those two are connected to each other isn't it? SL which helps our MM to be realized at the lower level. As long as you put SL it means that you set your Money Management in more semi automatic way, i bet this way is easier than before also more reliable.

There are some techniques that trader already put into motion. Some of them already well know like scalping or turtle trading strategy, some even have their own indicator such as RSI or KDJ maybe? In fact because of people innovation in forex, we can get a lot of techniques that help us to trade better.

Everyone could prosper if they want to work as hard as they can and as smart as they can. Of course you could be prosper in forex, but what is the defenition of prosper here, i mean their earning target, some people just earn around $100 already prosper while some need around thousand dollars to feel prosper. Overall i think that making more profit than loss is a sign of prosperity.

I do wonder where is that myth coming from in fact news is one of the reason behind volatility which happened in the market and with fundamental analysis we can reap profit from it. I know technical analysis has some place but fundamental analysis which based on news itself is what makes market moves so fast.

In HYIP you will see that Perfect Money is the most popular payment processor and it helps them a lot dude. I know thanks to LR's demise PM now rise to the top, but as you can see that in many years before, PM is also popular as the second most use payment processor in HYIP, when you see LR there will be PM too.

Without doubt neteller has low fees but somehow i feel that why it is not so popular like paypal for example. With transfer to each other you don't have to think about fees, just send the money to your closest friend or to merchant you want and they will get the same amount.

That is precisely the problem that HDmoney has right now, if only they want to be more innovative and also more aggressive in their policy, people will know them and with those both i think that even become a more competitive electronic money.

I think in sense of control our trading which means we can control how much we want to lose or get the profit is possible but for overall i mean in higher layer i think you are right forex that control us or i can say traders for whole control me or you. The price is defined by market maker through bid from all traders around the world. So technically you are right.

Good strategy without good risk management is another loss, if you have a good strategy and profitable i am sure it won't be 100% profitable isn't it? There will be loss if you don't keep applying the suitable risk management there when you loss overall it could be higher than your overall profitable trading strategy result.

Risk and also Capital. I know this sounds like an easy thing but mostly traders tend to forget it, they start with small capital with quite low leverage risking their account to few losses that will lead to account's loss. Risk in the other hand must be considered too, so this is why we need risk management.

Well i don't see any reason why putting a lot of indicators could help trader a lot compared when you don't put that much indicators. Just as i said before it will make the screen crowd and in the end it will make you harder to focus with your trading.

I totally agree with the first reason, without middleman the price is not as high as before and even more competitive it could drive a healthy competition between brokers when it comes to service and also cost like spreads or comission. This is why for overall cost online foreign exchange has advantage.

I actually surprised that you say something like this, it is better to ask them what is the problem with your account rather than accuse them, in fact Paypal offers one of the best service that you can get from other payment processors. Paypal also is one of the most popular payment processor ever exist.

True, with this many trader are able to make their trading better rather than before also minimize the risk at the same time. It is just like shot 2 bird with one shot only what a wonderful scheme. Even like that i think it is hard thing to do and time consuming too, still it is possible thing to do.

It is totally possible for trader to make forex as their own main job. I don't see why somoene need to be wary just because they must leave their previous job for forex, in fact forex offers more freedom and greater profit if you can handle it well. Moreover, you still can treat forex as part time job if you still want to keep your main job.

First they see the similiarity actually just some or few(like me), second they don't have much knowledge and only want to make money through "instinct", third they have experience but still don't have broad knowledge and thinking that luck playing part here.

Take profit up to now still worthy, i don't see any non worthy side, because it only gives me positive slippage and never execute the position if the price will fall down from the price that i put. Usually i combined this one with stop limit.

As long as there are huge sum of money involved inside i think it is too naive we must say that also in fact this is the most liquid market ever. Afterall that is money which make people like me want to put our money here and somehow making profit from it.

First i want to know what is the meaning of mystery here? Is this because of the price that we don't know? or because simply foreign exchange is very hard to predict by them and that is why they called this business as mystery. Anyway forex is clear and is not a mystery, some people even use maths to earn money here.

In here everything is automated, so we don't have any effect here when the trading is start but when the trading is stop or that is the pre-trading you will need to learn how to manage the whole risk which you will get later when trade.

Forex is not for everyone because not everyone of every single trader that active in forex are patience traders. Maybe they short of their temperament and cannot control theirselves during trading and act like a fool without planned strategy before.

Spread and Risk are the reason why we shouldn't trade unpopular pairs. It lack of liquidity which make it riskier than before. Well if you are an experienced traders and has a lot of reference with exotic pairs maybe you can see this as good chance but someone who are just getting used with major or minor pairs it is better to avoid this one.

I am sure that the most convenient way to do deposit and withdrawal is actually through bank wire/SWIFT but the cost is so huge i wonder why they cost is so high for this one, but if you want fast and actually safe even in terms of level is lesser than SWIFT then online payment processor is a good idea.

Greed for sure is one of the mistake which many trader made, no doubt mostly of them easily lose because of this kind attitude. Well, i think that fear also is likely become the main aspect why trader loss their money in foreign exchange, the reason is same like greed but it holds them a lot.

It is quite long for sure i even need around 10 months before i can get 100% of my capital. That is too long for waiting especially with the most accurate strategy that i ever did before. It takes longer time because i don't want to take risk and it need patience from trader mostly if you don't have patience then don't trade forex, this business need higher patience than any other conventional business you did before.