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pepy
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Everything posted by pepy
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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
@radex78: I think that is another matter because free deposit usually mistake as free thing, something that you shouldn't take or something that is not worthy or just as trial and so on. The key here is not the money but how we trade in forex, many people hope that they have big amount of money but they suffer more when find they cannot control the risk. -
@radex78: To be precise that is the concept of dealing desk broker not non dealing desk, if you lose then you are lose and the broker will be sorry with it even they still earn because they get the spread. That is one of the way for non dealing desk broker to earn money from their clients. It is not really bad and also one of the best place to earn than dealing desk.
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Why Demo Account Performance Is Often Better Than Real Account Performance?
pepy replied to abdulla1's topic in Forex Newbies
I have been trade for few times in demo account and i cannot confirm about this slippage , i mean positive or negative slippage. But one thing i know that usually demo account performance is better than real account because of the psychology, we trade without burden, without worrying so much, we also confident with our trading. This what changes us a lot when we trade in demo account. -
The reason you should trade forex is that forex has bigger opportunity for you to earn. I can't say you will get economic freedom but according to me by gain some profit in forex you can be your own boss, i mean like entrepreneur. Working by yourself and you can work from your own home. You don't have worry about traffic jam, your boss angry at you and other uncomfortable thing you should face.
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why many people see forex trade as gambling?
pepy replied to rockstar's topic in Forex General Discussion
Many people see it because forex offers one of the fastest way for someone to get profit in less than 24 hours if you have big enough capital you can earn $600 and that is just by click the terminal and then you can let the terminal on or off. Many people see this thing is possible and start to speculate so much about the currency which make forex become similiar to gambling and many people perceive it as gambling -
Yes it depend just like what i said before it is impossible for a broker to offer fixed spread if that broker is not dealing desk. The spread is fluctuating in reality to offset the liquidity on the current market, if liquidity is high then there is high spread and vice versa, while in dealing desk the one who control liquidity is broker, so apply fixed spread is very very possible there.
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Indeed, i find out many of them especially new traders cannot be wise when use their margin. This indication that we still need further education of how to use margin and leverage in the wise manner. Leverage should be helpful but this thing shouldn't be abused by us because you need to pay for the price of not using it wisely.
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Scalping, Swing, or Turtle Trading strategy won't make much difference if you don't have any sense of mastery. Also in this case something worst could happen we should decide when to use that strategy. Anyone have their own preference bwhen use a a strategy and i personally use the combination of both technical and fundmental analysis.
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Yes, we can't precisely control the market since market composed by various factor such as sentiment on the market, trader's view of one currency, the crowd's panic and so on. Market is too big to be influenced by one or two trader, but many retail traders could be influenced by big name. Having control is the best thing you have in forex more than anything.
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As long as they have money then a less strict broker will accept them and the worst that the money could be used for terrorism. Maybe that terrorist hired one trader into their cause and make them trade to gain profit and the profit will be sent to that terrorist account. this kind of money laundering also could happened sooner if regulator don't act faster.
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As far as i know that Reminibi is not pegged by China anymore. China in this case become a country which adopted the managed float currency. This be done because China wants to make their currency internationalized and the only way to do that is to make people able to afford their currency but still they want to manage their currency to certain extent then they chose managed float currency such as Reminbi now.
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Hi Admin, you should fix the link it seems you made the wrong link. Well i must admit this is good one but still quite news and come from Russia. Most of electronic currency right now made from Russia. I don't use it now and don't have any wish to use it but for a while this one is pretty nice. If there are reliable exchanger in my country i am sure will try to make account here.
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PAMM is actually a special case, pamm has transparent environment which make it more reliable. The return is quite nice compared to the other similiar legal investment program. Some people are trying to use pamm as the place to get fast investment but it is not the case, this is investment and usually need bigger amount of investment.
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So? Forex AI of course will be AI and will be like that but right now programming is improving, people find the bug and then fix it also they are trying to make a new extension so that forex AI could work nearly as good as human when it comes to control the risk, and as you know that tailor made robot already employed by bankers.
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Why Demo Account Performance Is Often Better Than Real Account Performance?
pepy replied to abdulla1's topic in Forex Newbies
Yes, but i think that doesn't have much relation with demo account's performance, i see this thing happened because demo account has no risk and will make trader worry so much. This matter is more psychological rather than the skill of that trader alone. I know that emotion control is a skill but what i mean is analytical skill or risk management skill. -
Yes without bonus logically it would be lower, but remember not bonus not your own thought but your skills which determine you to be a successful trader or not. I myself prefer to focus at improving skills while earning in real account. I don't need bonus because my broker rarely offers it and also it makes me quite lazy to trade.
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It's not always true because there are some traders who lose their own money thanks for that they cannot make much more profit and affect their lives for sure, while some just like you said it affects their live positively and they earn better and they can influence others to join forex through their good and inspirational story.
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Total paid more than $300 plus members which approximately more than 5000 thousands. It is a good statistic however the click rate is pretty much low. Well there are some ads which have good rate but it just few of it. It doesn't lack of SSL and DDoS protection, the script is also a legal script.
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New offers from admin but it seems it is just for a while so grab your own seat and make sure you make some bucks too. Hello Users, We are ready to give our all members ''REGULAR OFFER'' in which user can get this time 40% discount on memberships and per referral on price $0.08 USD Membership discount prices: E-Regular $9 USD E-Business $72 USD All membership per referral discount price $0.08 USD.
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I must admit this program is quite successful, it has been its 3rd month and keep growing, also this program has many basic feature which the other program doesn't. Overall there are no complaint yet, RR AVG seems good and in less than 4 months people already get BEP from their investment here. If you act as single clickers you won't earn big here.
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At first i must say this program is doing well, the payment is never late even not instant and this program has licensed script too combined with SSL and DDoS protection. Based on the stats which shared by some clickers there i must said the rate per AVG is quite high compared to the similar site, only member's rate click is pretty much low.
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Using legal script and also hosted on the site which protected from DDOS attack, not to mention it has SSL encryption too. This is not bux site but hybrid site, and i am sure it is secure but for reliability it may takes for a while for us to know, i would give one month before start to make a single investment here, especially with quite high AVG later
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On 1 hour chart, EURJPY today still showing a falling stance and it has been passed level 114.465. MACD gives the signal that the market right now is reached saturation point, other than that Stochastic already show a bullish signal for this one. I predict that the price will rise with support of other indicators to level 114.594.
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EURGBP is currently moving up to the level of 0.84579 on H1 chart, Super Trend and EMA30 are indicated to have a bullish trend which is strong enough. Putting that aside, MACD also formed a higher high, last but not lleast, Parabolic SAR signaling market price still has an upward trend is strong, it is estimated the market will still move up until the level of 0.84711.
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On 1 hour time frame, GBPJPY is currently moving down to the lower level at 135.159, then MACD indicator signals that the market price has reached saturation point with formed a higher lows, in addition we can see that EMA28 and Parabolic SAR also shows bearish sentiment and estimated the market will moves up to level 135.557.