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pepy
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Everything posted by pepy
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NZDUSD observed to strengthening its position after this morning's opening which is exactly above the last week's closing with noticeable gap. Overall, the candle's movement still strong for bullish, so the potential for this pair to strengthening itself still strong and may rise towards level 0.71258.
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Silver candle on the one hour chart nearly the same with the price rise but corrected once again. Technically Silver's price still under bullish sentiment from traders and hoped to rise once again after this morning this commodity corrected with support from KDJ which rise to level 56.
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PAMM system is working for all kind of people who want to invest their money in financial instrument which they could trust. Forex s transparent business also gives better working environment for them. Pamm is the answer for talented traders who want to trade with bigger amount of money but don't have money and with the poll of enthusiastic investors they could start trade and gives profit for theirselves and their investors.
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Long term might be profitable especially if we see all of those traders who use long term trading earn around hundred pips in few weeks. But the risk which come from long term is also bigger than short term so it is really worth of the risk. But newbie want more precise and give security over profit.
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Importance of Demo Account/virtual account in Forex
pepy replied to abdulla1's topic in Forex Newbies
In fact demo account play great roles for everyone who trade in forex, there are bigger chance for us to be a better trader with demo account rather than without demo account, The importance of demo account cannot be challenged but it seems only few that still use their demo account intensively after earn in real account -
Well, it is clear now why manual trading is what newbie should learn first so they know how foreign exchange works, after they know about this all and to certain degree know how to trade manually automatic trading will be the next options for trader to try if they want to do that ,
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Anyway you should be careful too when want to set stop loss for your trading, because if you set it too low, you may miss chance for turning back. But this kind of situation which also make traders to abandon their previous SL so the result is they prolong their negative floating position and lose more.
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Well, it is true addicted is never be good thing for every single traders in this world. If you're, it is better you should consult beforehand about this problem to closest relatives or psychiatrist, for me this is already out from the forex and this is a psychology issue for each traders.
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This may cause them their trading account? Can you elaborate that? Lower leverage means you must spend more for one lot or micro or mini lot. So imagine you're a trader who still don't know much about forex, has small amount of capital and cannot make much profit, which one do you preder smaller leverage or bigger leverage?
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pretty neat program. just like what myregister said above this program is looks like professional site but i hope it has its own forum, and from its payment proof page i could find some payment proofs to see which means at the moment this program is pretty much pay its members.
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Hm for this kind of site the minimum cashout is bit higher and this will make this program will stay longer if admin able to manage the funds which he got from investors or someone who rent refferals. To be honest i don't think this program may stay for more than one year or so, it also lack of SSL.
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admin is promising for instant payment, at the first glance i doubt that simply because it is not truly instant since many sites also said the same but in fact it takes some time for admin to process the payment, fast maybe but instant? I doubt that. Rate per click for sure is okay and one good thing is that free premium membership, it is better if members grab it before its too late.
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This site is lack of the activity in forum and just around one month old but what makes me surprise that admin has been paid some members while in their forum no one posted the payment proof. I actually doubt about that so called payment proof page but this site is quite tempting especially of its lower minimum cashout.
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Nice rate and good ads so far but lack of SSL and also forum, this program doesn't made for someone who want to just click and in one month will cashing out all of their balance and get paid. It will takes round 5-6 months or even more to click here before you can cashing out as single clickers.
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So admin basically is one of those veteran in ptc site industry and now try to create his own ptc site which means it likely to go hybrid rather than bux or even aurora . Still offers one big way to get more money while offers the other more stable income because of the small ads which overwhelm the site.
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LOL anybody can do? are you kidding with me? Forex is one of the riskiest business, everything is dynamic more than other thing you may ever seen. The market has more orders and not just "one or two" people who into the business but more than that most of them of course for speculation and this is what drive the price faster and make us less satisfied when trade because its temptation to grab more profits.
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Importance of Demo Account/virtual account in Forex
pepy replied to abdulla1's topic in Forex Newbies
Yes the key here is without any risk, it is good to know that demo account is exist to us because without that i don't know how much money i should spend when i start to trade in forex, and maybe because of demo account the cost to trade in forex is lower rather than other kind of similiar businesses. -
But for the whole trading and everything we must lose at least once, there is no such as perfect trader in this world everything has its own flaws So technically we must lose once but to be honest i never see anyone who spend their time with forex lose just once it is usually more than that, what you need to take care of is you must win more than lose..
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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
It seems that people think forum will improve your skills, but i think that is not really true because i think practicing is the only way to improve skills while forum doesn't do that, how can you post something and then become versatile trader? Nope, You read and suddenly or few months later you become versatile trader? NOPE. The only way to be versatile trader is only by practicing in either real or demo account. -
Pamm system which we know is forex investment i mean the pure investment of foreign exchange. It is based on someone who invest into someone account because they believe that someone can manage those money better than others. One advantage of pamm is transparancy.
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Why do you think people are scared of investing in forex?
pepy replied to Levie's topic in Forex Newbies
Not just that but also forex in some media portrayed as scary business well i know this contains some truth but not really true because if you know how to handle the risk then you don't have to worry about the losing or something like that, or even you must lose you can lower it.(the amount). -
It is like you are not addicted with foreign exchange it seems you're excited because this business offers very high chance for people to earn but with higher risk too. Not to mention it has biggest turnover daily than other kind of business such as stock. But addiction is more than that.
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If you expect for the price to do zig and zag then it may fall too remember this is forex everything could happen something normal to abnormal. Trailing stops is very useful tools but as myregister said it is not much useful or i think the correct way to say it is optimized. With zig zag it may touch TS sooner.
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Yes, it will logically if you keep hold your position longer you have the chance to obtain bigger profit but if you prefer short just like its name suggest you earn just small amount of money. But this is fx it id dynamic so it is not always long term trading which profitable in some cases short term trading is way more profitable.
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It is true that robot programmed by human but the strategy from humans from the experts unless your robot is not a good robot. I also agree with what myregister posted above, we actually lack of control but that what we must sacrifice in order for automation which usually if programmed well may bring faster and better result.