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pepy
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Everything posted by pepy
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Hourly plan and daily plan, well it seems quite bad especially for longer term, but this program maybe cannot even survive for one week, based on my observation there's no HYIP monitors and no DDoS protection even though there is SSL encryption here.
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ROI rate of this program is pretty low, and with the term of whole investment plans it is all about quite short with SSL and DDoS protection i think that zhenginvest will doing well for a while, but zhenginvest is mainly a russian program you can only translate it.
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Trading in sideways for sure is a bad idea, i don't want to trade in that time too ever. So for me that is out of options, volatile is good only when you know the trend and overall trend is clear, i mean it could rise or fall but not so much and overall trend(in long term stil rise or fall).
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But you cannot stop all traders or someone who want to be a trader to trade in forex, forex is an open business anyone can step into it even with that risk people believe that they could "tame" forex, which turn out to be a bad idea since they don't have ability or at least knowledge about forex itself.
- 65 replies
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- forex misconception
- top forex miconception
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Do not ever take a big risk if we are not able to do so
pepy replied to rizal83's topic in Forex Newbies
I agree with the risk, i know it is hard for some people to accept that forex has its own risk but it is a reality forex itself is a risky business, deal with it or just leave it. For me using risk management is one of the best way to handle this kind of situation too, as long as you can do it everything will be fine. -
Manual trading as far as i know gives them more security compared when it comes to trade with robot, but overall i think is all depend on system when we talk about robot, how good the coding and how AI of that forex robot could done the trading with minimum impact as possible while you still stay in profit.
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Can no deposit free money help you achieve success on forex ?
pepy replied to kaito kid's topic in Forex Newbies
@chaze: Well that is scary but it does not mean you cannot earn here, with proper risk management you will be able to earn and with less risky or scary trading, i know that losing money feel like your world is gonna to be end but this is not the case, in fact no deposit still help traders a lot. -
Leverage in trading? Well that is what we are going to use in our trading isn't it? Leverage in fact helping traders to trade i see that many people can trade like what they can trade today because of leverage. Leverage helps trader a lot and not just a cosmetic or foul thing in foreign exchange.
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You are right, with that we will be able to practice but one thing that you should know that spend your time too much in demo account won't bring you anywhere. Trust me there are few difference atmosphere that you could feel in real account compare to demo account. I see 1 years is the longest period you to spend your time in demo account.
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Why Demo Account Performance Is Often Better Than Real Account Performance?
pepy replied to abdulla1's topic in Forex Newbies
It is totally just your mind dude, i mean that everything is the same in fact but your feeling towards one account help you trade effectively, for example in demo account you get less pressure compared when you trade in real account, it will make you has more fear or even more greedy in real account compared to demo account. -
Wow that is really awesome as far as i know a trader in a company only spend as much as 8 hours only and then stop with it, but mostly at around 4-6 hours, but they don't constantly watching for it usually they only analyze and waiting for the right time. It is just like relaxing trading, and i am not into that level LOL
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My dream job and also the main job that i do right now, first because it is easy in the terms i don't have to go office so i just could stay at home, second it only needs internet, third the return is higher than other business i ever did as part time job.
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- Learning forex
- Should i trade in forex
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In real account is possible, i saw a lot of people that claim they did something like this and they learn faster because of the pressure. I don't know if this is possible thing or feasible but i think demo account is the best place to learn since there are low pressure not as high as you will get in real account.
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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
First forex forum does not improve your trading skills but you must remember in this place you will get a lot of knowledge that maybe useful for your life as foreign exchange trader, you will get how to trade effectively by many kind of tips of how controlling your emotion, etc. Only practice is the one that can help you not just by learning and got knowledge.- 456 replies
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- importances
- added advantage
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I agree with myregister here who are we? Experts? Beginner? even experts still make some mistakes when they trade, this is why we need risk management as long as we have it our trading will be better rather than before, lowering the mistakes also help us to optimized our profit.
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It is risky and if we talk about the risk that we can get in forex then it is high, the risk is higher rather than so many other business and not to mention that there are many people that love this risk, not just because it is risky but also has chance for obtaining bigger profits.
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As long as you could get profit this way is not a big deal to you. I mean copy trading has its own advantages and disadvantage also knowing the real trick here will help you to deal with this in future, copy trading is one of the way only just taking advantage of it and be a real trader there.
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@myregister: When you look at it then it is very safe if we use a broker that has some strict regulator inside, at least they could give some vibration if that broker is good or not and even big punishment if that broker keep doing illegal or playing with their clients.
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Do you believe the brokers spread comparison
pepy replied to uncle gober's topic in Forex General Discussion
Comparison is really good way to know how good our brokers when it comes to spread comparison, but it's not all. I mean you can look at it but since the spreads is fluctuative you only see there the lowest fee or average fee they rarely put the maximum spreads you can get. -
What do you think? I mean by looking a real trader trade, it is sometimes seen as a hardwork doing because of some analytical skill we have but sometimes people see forex as a relaxing job because you don't have to spend much time with it and there are some traders that only trade around 3-4 times in a month but still earn well.
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How many lot size that you use in trading?
pepy replied to andry777's topic in Forex General Discussion
Of course, the less will be the better but at least it should not be too small because the possibility to achieve optimal profit will tend to wane, i suggest around 3% of your total capital which i see more appropriate with the budget and provide more flexible trading experience. -
I forget how much that we could get if we trade in the broker that i'm using right now. But it is more than 25 pairs, mostly is major pair and cross pair also minor pair. But you will find some exotic pair that will meet your need if you love to trade with exotic pair.
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whether you like positive or negative slippage?
pepy replied to uncle gober's topic in Forex General Discussion
Huh? Of course, Positive slippage, i agree with myregister who does not want to get higher profit even they already satisfy with their TP. You got more than what you want to get, people will just say fine or even said awesome if they have positive slippage, but negative slippage is what people want to avoid, it is too bad for them. -
@upul: Usually non ECN broker offers something like that a fake spreads, but mostly ECN especially to those regulated one has real low spreads, and usually brokers with low spread has comission but for overall the price still competitive if you ask me.
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"Experience" How much important for trading ?
pepy replied to mirna ahmed's topic in Forex General Discussion
LOL, experience for sure is important who said that experience isn't important. For me, experience is the most important aspect for someone to have when it comes to earn or learn about foreign exchange. Without any experience someone cannot earn money well, they will easily loss their money.