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pepy
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Everything posted by pepy
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But not all can do that because they have their own life. Some people start from forex and does not have any income yet so they will depend on the forex, so far i don't see anything wrong with it if in past i said something which is does not same like now it means my mind changed, forex is good but not forever it is just temporary.
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@myregister: This is why i don't want to trade for that long too, but if you trade in trading company that actually create more money, then it means that you must trade over and over again and also that is something that you did in relatively long time, you must trade constantly which surely affect your life.
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Robot which is free bug code means that robot will works well like what is your algorithm that you put inside, but if we put it in manual trading then it means that a system that will make you win for 100%, isn't this really normal? I think forex is dynamic one it keeps change over and over again, even manual trader still loss how can you expect robot could do 100% trading.
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We want that thing to happen but that is not always the case isn't it just like you said? Bug as far as i know one of the big thing that you should take care from your forex robot, i know not all free bug but i think maintenance is the best option which you can do for your robot, as long as your robot isn't complex that won't be a big deal for you.
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I think syndicate here means PAMM not syndicate like in HYIP. Talking about who can do that i think everyone can do that, just look at PAMM anyone can start as long as they have quality to do so. As long as your PAMM account is doing well then you can make more profit thus increase more people that want to invest into you.
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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
@myregister: LOL You are right, it does not improving our skills, how can by read only we can become a good trader, there must be something that we need to do in order to increase our skills and the only way of course by trading in real /demo account and with that we can assume that we increase our capacity. -
In some cases you may do that, but i also think that is not really important, i myself as a fundamental trader will choose forex news site that will bring me closer to my prediction, with that i can see what most people predict plus how the market react based on the news.
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As far as i can see capital management is an hourly investment totally unstable if you ask me, but for few days just say around 1-2 days this program still okay, but i advise to do hit and run here rather than do reinvestment because the risk is getting higher as this one getting older.
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220% profit and 350% profit, Running days for around one day indicated that roboones doing well at the moment, also with total withdraw more than $50000. No SSL and DDoS protection, but i am shocked that this one even accept Skrill, talking about hyip monitors there are only few of them.
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50% bonus? But how long this for example $50 turn into $75? When i visited the page i couldn't see anything that related to how long we will get our profit. I see this one more like investment program which is not related to HYIP, overall the ROI is too high if you ask me if that is less than one month, but if that is around 2-3 months then that is true.
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But it not always work and even it is working mostly retail traders will only get small bucks profit, with that small profit they won't get return so fast from buying that robot. The loss also bigger from that robot rather than profit but of course high end robot gives stable return and in long term, usually at least 6 months.
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GDP, people's demand and supply, energy prices, unemployment rate and other commodity's prices. That sums it all, also according to me a manipulation from big traders that has bigger cash in their pocket could drive the deepest psychology of foreign exchange trader.
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Hedging is two headed sword. Only advanced users that use it to its fullest by covering their core income so there are no further losses. Hedging is similiar like protecting your earning even it means you let the profit to slip in front of your eyes. By unlocking it you can grab that profit but once again it need careful thinking.
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That is why i stil use metatrader, and beside my broker is using it and how can i use the other platform when metatrader just work and also giving me earning like what i did when i trade. Overall, it's just work and not just work but awesomely giving me profit LOL.
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It seems you are right it will affect the prices of some commodity and also forex itself, since they are related to each other. But the problem if someone is trying to manipulate the price in the market, it would be bad for one country economy it may crus them in long term.
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That's what makes different between futures and forex spot, but there's forex fordward which is similiar to futures where we have some kind of contract Now, i don't want to debating about it so much, i just want to said that futures and forex just a way it is all depend on traders if you want to earn through one of them or both.
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I think with let myself to be like that i let myself fly higher without knowing the risk that may put me down to the lowest level and hurt me a lot. Also i think by putting some boundaries a trader still keep in check their risk and it means lower risk for them. In the end it is back to you once more but unrealistic returns isn't make sense at all.
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Well if you say so then it is true, in fact that is also my way to earn at the moment, my total earning mostly comes from foreign exchange, i guess it is around 70% while 30% from the other investment program or others online business, but i think it is risky so diversification is also a good thinking.
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It needs self discipline, i know this is not easy but possible to do. I do recommend you still do it in demo account for lowering the risk of trial and error. This is more like long term strategy, so if your strategy does not work around 3-4 months then change with the most feasible one.
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Talking about trader psychology in my opinion a trader should not bother about it, the first thing should know is a strategy to get the profitable strategy make sure that works in 95% condition or that strategy just nothing, then learn risk management which when combined with profitable strategy wil give much profit.
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I do not get it it seems beating around the bush about this all. For me leverage and spreads are thing that we can not split each other, as we know it spreads influence on what we should spend while leverage help us to get bigger lot size is not it? With knowing both of these factors you can calculate risk.
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I am wondering what is Demo vs Real means in here because based on my observation demo vs real already. We already know that demo and real account has its own purpose so what? That is what it is nothing more, use it wisely and in demo account you can earn more experience, while in real account you can use it for earn real money
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Be afraid also the part of newbie that always make, this is not good for them and their future. When in trading you must be confidence with yourselves. Afraid will only lead you to groginess yet will crush you because of your hestitation. Forex is changing during volatile time.
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4 years ago means you are trading in forex longer than most of posters here, to be honest i nearly touched 3 years old in november. It is quite long but still i feel that i need more and more experience. I agree that we can earn better if we have more experience means that our flight hours should be high.
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All are clear here, why we should talk about this matter anymore the answer is demo account the most suitable and also the best place for trader to make practice. In demo account we get everything virtual except for the market movement, with that we can do trial and error without need to be afraid.