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pepy
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Everything posted by pepy
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Using forex... Well you mean robot right? Well using forex robot in demo account as the part of learning for newcomers is fine, it is another story if the robot is for earning and newcomers is the one who try to make money with it in real account. For newbie this one is not really good and one of the disadvantage which many traders should reconsider.
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This is why we need to be careful when it is time to choose the news, not always high impact give desirable result even it is clear enough to us that trend will go that way sometimes shit happens and make trading fruitless. It is better if you have access to CNBC cable tv because economic calendar usually trying to get the result from cable tv.
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Well can you explain me how to get that return? I mean if you look at the broker who offer binary service they will give you a return even you lose. Logically if you make a profit then you are the winner and get all the money but if you lose then you lose it no compensation or whatsover. This is why fx more make a sense compared to binary which in fact use forex as its market.
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I prefer PAMM rather than HYIP if i have that much but if you could give me the unlimited choice, i will trade by myself. Just 7-10% per month return i could guarantee by myself and it is good for long term. Also with $3000 invested i think that i could make a living even still cannot buy a new home in my province. Trade by myself give me more control over what i can do to my money.
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Want to know how brokers make profit from your loss ?
pepy replied to abdulla1's topic in Forex Newbies
If there is a broker who act like that then you must think twice before join that kind of broker. It is better to lose in non dealing desk rather than be a winner in dealing desk broker. Making money in that broker would be so much hard especially if you want to earn big, it is just like broker love you to lose more. -
Euro is strong because many people expected it before, but if people don't then it won't be like that also to let you know that euro is the home of one country which we know as germany become the main export for high quality product we ever know. Not to mention of its high standard of living expecting for a strong euro.
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If you are a hardworker and want to do a trading then forex is the most suitable place for you at least you can make some bucks here without even need to sweat. The hardest part of forex is actually how to manage the risk after that then how to analyze the market will be the next problem. Also make sure you have backup, since this business is high risk business.
- 460 replies
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- Learning forex
- Should i trade in forex
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Should Forex Brokers Accept Bitcoin or other cryptocurrency?
pepy replied to bloger90's topic in Forex Newbies
But you can trade from anywhere and anytime. Yes some broker doesn't accept few countries but remember just few countries and it is like you are all traveler who travel each week to the other place or to each province or even to each country or continent. Some people only live in their countries for some years and maybe move to stay still. In the end BTC is good alternative but in many countries the govt don't want to lose control.- 54 replies
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- Bitcoin in forex trading
- Litecoin in forex trading
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I Think Forex is Just Gambling , Do you?
pepy replied to kiranchandra's topic in Forex General Discussion
Actually it has some similiarity marthur, but doesn't mean we can simply said it is totally gambling where you can simply put the money and guess where the price will go. I don't gamble, i just analyze the market use indicators and also i don't make a guess i simply make a prediction. -
But if the material is something which i could easily find in the internet i will gladly forget that radex. I prefer to read the material online which is free rather than I should pay for hundred dollars for get mostly what I can get for free. Also just like myregister said FX included in some financial courses even not in depth chapter.
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Martingale? In demo account everyone can use any strategy they want, some people prefer scalping while the others prefer swing. Some people have their own preference which is unique than others, and this is contest . It is all about someone who can make more profits, so use all your legal strategy and maximize the profit as much as you can.
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Did your broker change margin requirements before Brexit?
pepy replied to boltushkin's topic in Forex General Discussion
Not just your instaforex, roboforex , and others do that but also the other brokers It is forex the sake of their stability and continuity if your broker cannot do that the same thing may happened to them just like what happened with many brokers related to the Swiss Franc issue months ago. However, we should note this is for the broker's and our interest too. -
USDJPY seems fall drastically this morning after yesterday the price able to reject Moving Average 100 line. Well RSI and Stochastic are showing downtrend too. If the price is able to closed below MA21 there is bigger chance it will drive the price down further. This will be a door to the lower band of this pair.
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On 1 hour time frame, usdchf still facing sideways and don't show any sing for break so it is better to be wait for EU session or NY session, not to mention RSI(14) just rise a bit to level 45 only few trial done so far like but still failed to break it. Since those trial is bullish it seems there is chance for limited bullish trend after sideways in EU session.
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Anonymous trading? Well, i have comment for that. Gangster and Mafia are really love that thing, trade anonymously will give them chance to do money laundering but in the name of privacy, this kind of trading will be increase in future. Many people will prefer this kind of way to trade. Why? That is more convenient to trade through that way and super rich people can trade without anyone being "followed"
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That is a good idea for master program, maybe there is a good professor want to teach you about the history of forex and anything that related to this business. Actually after think it clearly i think it is not a very good idea, it is fine if many universities do that but if not it would be good. Reason? Well that is because we had enough about fx material, we can get it from internet for free. You don't have to pay it.
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Trade remotely? You means when we are out there and then we access our computer and trade or by using robot where we put it on VPS and trying to access it later when it comes to trade? If that is the latter, i did it few times before but don't like the result and changed. Right now i prefer to trade manually and maybe the first option is my best choice.
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I agree with it, I think trade on a demo account can improve the ability of a trader to understand trading. Other than that the demo account is a place where a trader can learn and make mistakes without having to pay a lot more of it. So basically it is important thing to do but usuallly ignored by impatience newcomers.
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William Gann: An Accurate Market Forecaster
pepy replied to analyst75's topic in Forex General Discussion
I think he don't know who is Gann, and should forget about him too(not Gann). Actually gann lines is just like the other technical indicators but works and has been proven. I also amazed at how he use maths practically to solve the economic problem and make such a good and easy to use indicators. It is without doubt accurate and traders still use it as their primary tools. -
Change your Life with Forex Trading
pepy replied to David_Warner's topic in Forex General Discussion
If you want to change your life with forex trading there is one proper way to do that. Practice and practice, sooner you will see the difference if you do the thing I said before. Remember this practice is not trade over and over again in one account without note the mistake or improving your strategies, that is just blindly practicing according to me. Learn all you've got from practice and make the difference. -
Did your broker change margin requirements before Brexit?
pepy replied to boltushkin's topic in Forex General Discussion
Of course, they changed it. It lowers even half of it and the worst thing that if you don't know they do that then that is your fault. Practically the broker which services I've been used for a few years back do that for the sake of stability and to avoid bankruptcy, also i think this is as logical way for them to reduce the risk later. -
Each trader has their own preferences, where i prefer even up to 1 million USD inside of my account. The crucial part is what kind of broker you use their services. FXDD or FXCM? or something like Dukascopy or even broker dealing desk broker? For Dealing Desk i would keep at most 4 digit USD, because as we know DD wins we lose.
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why many people see forex trade as gambling?
pepy replied to rockstar's topic in Forex General Discussion
@myregister: Yes risk means profit and if we want to sacrifice more of our money the chance to obtain bigger than that is possible. I also think with this kind of thought many people start to treat forex like gambling. Put all of their money into one basket and trying to bet all of that money for bigger amount of profits. Really like gambling. -
I don't trade for main job, well this is something that many other traders around the world would choose, forex can be their main job if they want but there is risk that we must face, and people who do forex also considering the risk so much and prefer to have 2 kind of job, first forex and the main job such as civil servant or any kind of governmental jobs.
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Anyone want to earn that much and yes that is possible but of course with the bigger capital you have you can get that much. Putting that aside is that you must lower the risk too, not just by making the profit but with lowering the risk so you don't have to spend much of your stamina for making much more profit, but only a few traders who can make such amount and not everyone can do that i even don't dare to dream it right now.